5min 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 Long-Term Performance Orientation

If you take a company private you can take a longer horizon and by the nature of the investment vehicle and being a shareholder It's harder to exit. Half the family companies I work with Take a very little out of the business They keep a lot in In fact, I'm always amazed at look at it at some of these companies that the level of wealth exhibited by the The family members doesn't match the dividend flows Um So not sustaining a lifestyle On dividends what they're really doing is taking advantage of the wealth creation That will happen over time now.

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