Why would a family business not want the benefit of an independent director who might bring insight, perspective, varied experiences, and a wide range of contacts that could help propel the business?read more
This is a series of six blogs comparing the characteristics of our great national bird, the Eagle, to the characteristics of successful family businesses. Today’s blog is about TENACITY.
There are many things to fear as one builds a business and grows a family. When doing both in the family business system, there can be enormous challenges and great opportunities.
One of our most common catch phrases these days is, “It’s not personal.” We all understand the words, and the obvious definition is that “it is not about you.” And that begs a question – who is it about then?
CEOs are often frustrated by their company’s lack of growth. They know they offer a needed product or service, and they know that they’re using all the tools they should to drive growth. But it doesn’t come.