Tag: Family Business

The Hybrid Workplace is Here to Stay: 5 Ways to Make it Work

In late May, Tesla Chairman Elon Musk stunned the world by announcing that Tesla employees must return to the office full time or lose their jobs. Moreover, as the leaked Musk email pointed out, Read more

Using Family History for Competitive Advantage

Family businesses often have dense histories interweaving both the family and the business and involving more than just the past. Our recent study (Ge, De Massis & Kotlar, 2022), shows that family Read more

Let the Next Generation of Family Firm Leaders Chart Their Own Path

While start-ups are typically known for their innovation, family businesses are seen as mired in traditions and stuck in the past. But recent research shows that the next generation of leadership can Read more

Growing Pains? Advice to Recharge and Sustain Growth

Over time, family firms often experience growing pains. The growth of their business may outpace their infrastructure and processes, or their infrastructure and processes may be stifling their Read more

Abundant Marketing Resources Can Hinder Family Firm Innovation

Most people would agree that businesses benefit from three core marketing resources: strong market knowledge, great relationships with customers and suppliers, and a sterling public image, brand, and Read more

What Olivetti Style Teaches Us About Lasting Aesthetic Legacy

Lavazza. Alessi. Olivetti. Campari. These brands evoke images of products, advertisements, or memories of our past: the aroma of Lavazza coffee or an Alessi coffee maker at work, the sound of keys on Read more

EIX Executive Editor David Deeds is a professor in the Department of Entrepreneurship, the Schulze Endowed Chair in Entrepreneurship and research director of the Schulze School of Entrepreneurship at Read more

With a great product, smart strategy and lots of hard work, a startup can mature into a midsized company, defined as a firm with between $10 million and $1 billion in revenue. This stage is what Rob Read more

Dealing with Inflation: Advice From the Experts

Around the globe, family businesses are grappling with the effects of inflation, now at its highest level in 40 years. A recent NFIB report noted that over 30% of business owners feel inflation is Read more

Asking your friends and family members to support your business monetarily can be hard, but almost every entrepreneur needs to know how to do this if they want to grow their business. Even Jeff Bezos Read more