4min 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 Importance of Family Ownership in a Business

Caterpillar is the largest non-family caterpillar dealer in the world. Caterpillars want their family ownership to represent a value in their relationship with the customer. The third or fourth generation of offspring often loses interest in the business. Public companies' time horizon is about three years managed time horizon.

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