
Rethinking the “Three Generations Rule” with Josh Baron and Rob Lachenauer
Family Firm Institute Podcast
00:00
The Negatives of Self-Fulfilling Prophecies of Dangerous Things
The idea that somehow family businesses are more fragile and that families who have wealth are doomed to failure is where we really take issue with this concept. The self-fulfilling prophecy of it. Making a business last for 100 years to three generations is really hard. It's just not saying that there's something inherently broken or wrong with family companies.
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