There’s much ado about millennials these days. For some they’re nothing more than a generation of selfie-obsessed, video-gaming freeloaders who are absorbed with the idea that work gets in the…
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Eva Gabor's "Green Acres" TV sitcom character, Lisa Douglas, may have had it right almost 50 years ago: "Farm living's not the life for me." Today, only 15% of the…
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Operating a business can be stressful; and when that business is family owned, there can be heighten stress and conflict brought on by the intangibles. For example, I see a…
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Years after working in his father’s shoe repair shop, George Vlagos has returned to his roots and is carrying on the family business with his own shoe-making business, Oak Street…
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Car dealer Jim Estabrook has no immediate plans to retire. But 25 years ago, he started his plan to ensure his family would be financially secure after he passed away.…
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This past February, the third season of Duck Dynasty debuted with 8.6 million viewers, the most of any show in A&E's 29-year history. Duck Dynasty, which is about the Robertson…
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Bernard Arnault is a French business tycoon in control of LVMH, one of the largest luxury goods companies in the world, with control of over 60 luxury brands, including Louis…
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Donald Trump is one of the most famous businessmen on the face of the planet. But even the Trump dynasty isn’t immune to the challenges that all family businesses face.…
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Children who are indulged in bloated salaries and do-nothing jobs aren't being helped and will likely not be happier as a result. And these types of indulgences significantly hurt the…
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Chances are good that a long-lived family business will eventually be led by a sibling team. Despite sharing common values, siblings face real obstacles when cast in the top leadership…
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