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Last Update: Monday August 21, 2017

How do I prepare the next generation to succeed?

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Leave To Learn

2:16 | Register or Log in | Become a Member

The three Souto brothers, the oldest being Enrique pictured here, went off to college in order to  work for big business.  They all came back to make what their father started into the major player within an industry segment.   More...

Make Room For Just One Boss

2:05 | Register or Log in | Become a Member

The founder of  Texas Nameplate was smart to step aside when his son, Dale Crownover, was ready to lead the company.  You learn that  employees deserve to know who is in charge so seniors have to remove themselves to make room for fresh ideas.

Step Aside For New Leadership

1:27 | Register or Log in | Become a Member

Host Hattie Bryant says that Alvin Murstein is brilliant to step aside but stay.

Start Your Children at the Bottom

4:13 | Register or Log in | Become a Member

The owner's daughter, Gabrielle, started at Mo's as a dishwasher when she was 12 years old.

Plan to Let Go

4:14 | Register or Log in | Become a Member

Founder Marty Edelston has turned the leadership of the company over to a young team.

Be the Person Your Children Want to Work For

1:47 | Register or Log in | Become a Member

Although all her children worked in the restaurant while growing up, each was encouraged to pursue work that fascinated them. Hope's light touch won over all seven as you can see in this family photograph.  More...

Listen to the Next Generation

4:13 | Register or Log in | Become a Member

Joe Glenn helped to reinvent the company his grandfather started and now it is positioned for growth in the old-fashioned business of metal spinning.

Pass Leadership On

4:11 | Register or Log in | Become a Member

Lowell Miles started his firm and now his daughter Lori is growing it.

Enroll The Next Generation In The School of Hard Knocks

1:51 | Register or Log in | Become a Member

In the US, 80% to 90% of businesses are considered to be family owned. Only 30% will survive to the 2nd generation, 12% to the 3rd and just 3% to the 4th. The reason it is so important that family-owned companies succeed is that they create 78% of all jobs in this country.

Be Tough on the Next Generation

3:07 | Register or Log in | Become a Member

In the US, 80% to 90% of businesses are considered to be family owned. Only 30% will survive to the 2nd generation, 12% to the 3rd and just 3% to the 4th generation.   More...