Beliefs about success, responsibility, and value creation are not formed in isolation—they are echoes of the time and place in which business owners grew up.
Beliefs about success, responsibility, and value creation reflect the time and place in which business owners grew up. Religion and strong family ties magnified the impact.
The former owner’s relationships with employees, suppliers, and customers can be a tough act to follow -- and affect value creation long after the deal closes.
A study of more than 14,000 people across 11 countries finds that people guided by sacred values are less likely to become self-employed, especially in cultures that strongly enforce tradition and conformity.
