Dirty Little Secrets Of Family Business Book Review

Posted by lyceum under Management
From http://smallbiztrends.com 3120 days ago

As shared in Dirty Little Secrets of Family Business: Ensuring Success from One Generation to the Next, approximately 66 percent of family businesses don’t make it to the next generation. While this fact is known (think about the famous saying about family “shirtsleeves to shirtsleeves in three generations”), what isn’t well known is why. Most books focus on the rational aspects of failing as family business. This book focuses on the not-so-obvious aspects that can destroy a family business.

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Comments

Written by HeatherStone
3120 days ago

Hi Martin,

I'm curious. Have you read this book? Any experience with family businesses? Are any other members of your family entrepreneurial?

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Written by lyceum
3120 days ago

Heather,

I haven't read this book. I have had some experiences with family businesses. My brother and I had a small hobby business back in the day, importing 3.5" diskettes. I worked for 8+ years as a purchaser at a company owned by a family of three brothers and one sister.

How about you? Do you have a family business or family members who are entrepreneurs?

All the Best,

Martin

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