I’m listening to NPR as I write this, a feature called FREAKONOMICS talking about family successions in business. Nice interview with Dick Yuengling & daughter Wendy. Also talk about the Busch family leaving the beer biz, and what went wrong.
The show is available for streaming and download here:
I caught part of that leaving San Diego after the conference, until we lost the station’s signal around Temecula.
Listened to some more 2 days ago online. The example is beer related, but the subject is what happens when the family business is handed over to the kid(s). Some interesting conclusions were drawn from data. Hint, if the kid went to a party school - sell!