2min chapter

The Knowledge Project with Shane Parrish cover image

Proven Strategies to Accelerate Growth, Productivity and Profits with George Stalk, Jr.

The Knowledge Project with Shane Parrish

CHAPTER

The Effect of Leverage on Family Companies

I think of family companies positioning for a broader range of possible futures And never sort of like putting all in on a certain particular future. It's almost like they're trading a little bit of tomorrow or that's a better way to put it The family companies will trade performance today for long-term performance in the face of adversity. I mean nobody's insisting on ever greater returns which will force the management of public company to take more risk.

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