The Remnant with Jonah Goldberg
The Mom and Pop School of Business
Mar 13, 2025
Kevin Williamson hosts a captivating discussion with Devin DeCiantis and Yvonne Landsberg, co-authors of "The Enduring Enterprise." They delve into the resilience of family businesses and their unique strategies for thriving in turbulent times. The conversation touches on crony capitalism, the ethical responsibilities tied to family names, and the impact of social change on business practices. They also explore the dynamics of family enterprises in frontier economies and the importance of adapting to evolving economic landscapes.
52:25
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Quick takeaways
- Family businesses show resilience through strong community ties and adaptability, offering valuable lessons for larger corporations in uncertain environments.
- The nuanced dynamics of crony capitalism highlight the importance of strategic partnerships and governance in fostering sustainable economic growth under turbulent conditions.
Deep dives
Lessons from Family Businesses
Family businesses offer unique insights into resilience and adaptability, especially within turbulent environments. The authors argue that these businesses, particularly in frontier economies like Venezuela and Yemen, have developed strategies that can inform larger corporate structures in advanced economies. They emphasize how family-run enterprises often endure for generations by nurturing strong community ties and staying responsive to external challenges. This inter-generational perspective fosters a long-term approach that counters the short-termism prevalent in many global corporations.
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