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Sharing inspirations for Family Businesses around the worldby Business Families Foundation

Entrepreneurship

Welcome to the Clean Money Revolution!

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With an undeniable entrepreneurial DNA and as founding partner of Vancouver-based Renewal Partners and chairman of Renewal Funds, Joel Solomon knows a thing or two about about investing in a sustainable triple bottom line (people, planet and profit). The Clean Money Revolution, by pioneering investor Joel Solomon, calls for the reinvention of […]

5 Reasons New Ventures & Family Businesses Make a Good Match

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As the concept of the Innovator’s Dilemma pervades business culture, organizations big and small, in sectors from education or high-technology, increasingly worry they will be “disrupted” by industry newcomers. “Disrupt or be disrupted,” the Silicon Valley adage goes, influencing organizations to experiment with emerging business models, out of fear that these harmless new players may down the line challenge their age-old business (e.g. MOOCs and business schools). Driven in part by this need to stay at the frontier of innovation of a quickly changing landscape, large and established companies are investing in new ventures. At first glance, family businesses may play no obvious role in this dynamic, neither as investor or investee. However, Family is one of the Fs in the three Fs of entrepreneurial financing, along with Friends and Fools, meaning that family businesses have likely started with family funding at one point. Furthermore, the unique goals and composition of family businesses may in fact provide them with considerable advantages compared to non-family business investors.

It’s Not About Closing the Deal, It’s About Opening a Relationship

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Worried about borrowing from banks for your family business? Are experience and a strategic partnership equally as important as the financing to help grow your business? Then maybe an HNWI is right for you! What’s an HNWI? Find out here.

The Will of an Entrepreneur

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Entrepreneurs are willing to work 80 hours a week to avoid working 40 hours a week.” – Quote by Lori Greiner

The Greatest Pleasure in Life

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The greatest pleasure in life is doing things people say you cannot do – Quote by Walter Bagehot

Earning a Living vs Making a Fortune

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If you work hard on your job you can make a living. If you work hard on yourself you can make a fortune – Quote by Jim Rohn

Succession as Entrepreneurial Exit Strategy – A Call to Action for Educators

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Entrepreneurship is en vogue. Policymakers, researchers and educators alike are showing increasing interest in this phenomenon as a result of the growing awareness of the importance of entrepreneurs to spur a country’s innovativeness and competitiveness, job creation and overall societal development.

Building a 100-Year Family Business – Successfully Transitioning Over a Century

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Imagine if there was a potion to success… Identifiable qualities and steps that you could follow to build a 100-year family business. Well, we have just that. Follow the seven qualities here and you’ll be on your way to a sustainable multi-generation business.

Only Those Who Dare to Fail Greatly Can Ever Achieve Greatly

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Quote by Robert Kennedy provided by the Business Families Foundation





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Measure and benchmark the agility level of your own organization

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The Intrapreneurial Initiative

Every business can generate new opportunities

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Discover articles and journals that have been published in the field

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The Future of Family Business

Today, family businesses play a crucial role in the economy, but will they tomorrow?

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Communication and Conflict Management

Make sure your family
gets the message

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80% of family businesses fail due to a lack of unity

Be successful by preparing your family and planning for the future

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What Business Families Foundation can offer you

Intrapreneurship Programs

Looking to better understand key family business topics? We combine key concepts, expert advice and family perspectives to address important themes for you to apply in your own practices.

Launch your own Intrapreneurship Program

Start building a community of intrapreneurs wherever you are in the world. If you are ready to bring the Intrapreneurial Program to your community, we will help you make it happen.


Online Courses

Looking to better understand key family business topics? We combine key concepts, expert advice and family perspectives to address important themes for you to apply in your own practices.

Compass for Entrepreneurial Families

Compass for Entrepreneurial Families is an educational program developed by Business Families Foundation to provide business families with a better understanding of fundamental, contemporary concepts.


Interactive Activities

Need help making important decisions? We’ve spoken to hundreds of families who have lived it. We’ll ask you the tough questions to guide you in finding the right solutions for your family and your business.

What Should We Talk About at Family Meetings?

Play this interactive game to keep the family glue strong and to address issues around family communication and governance.


Relatable Case Stories

Want to see how it’s done? We’ll provide you with relatable business family scenarios so you can learn how to better handle difficult situations, anticipate common reactions, and avoid unnecessary conflict.

Communication is a delicate dance

Messages can be misinterpreted, ideas can be misunderstood, and we often say more with our bodies than we do with our words. In a family business context, there is an added level of complexity in regard to balancing family and business communication.


Family Business Interviews

Searching for advice? We’ve collected hundreds of interviews. Listen to your peers speak about overcoming challenges and learn from their triumphs and failures to set your family and business on track for success.

Introducing the Family Business to the Rising Generation

Listen to David as he shares a personal anecdote regarding the introduction of a family business to the new generation. Introducing the company's history to the new generation can spark passion and loyalty at a young age. This passion is especially important to family businesses who often rely on the next generation as successors of the business.


Advice From Leading Experts

Seeking solutions? Hear from our specialists on best practices and strategies for dealing with common and complex family business issues. Take advantage of the knowledge and expertise they have to offer.

Interaction between the junior and senior generations in a family business

Watch Professor John Davis of Harvard Business School talk about the importance of reinforcing partnering between the junior and senior generations in a family business. In a family business, it is important to familiarize the rising generation with the business early on, so that they can take on responsibilities sooner.


Infographics

Passionate about family business? Browse our interesting and thought-provoking collection of family business tips, tricks and stats! In reading them, we promise you’ll learn a thing or two about family business.

In Business With Your Spouse

For some, the notion of working with a husband or wife is a desirable personal and professional scenario. If this partnership works well, husband-wife businesses are spectacular. However, if it does not work out, it can be devastating for the company and the marriage. But what do you need to consider when it comes to setting up a business with your life partner?


In Business With Your Spouse

Monthly Feature

Want to be first in the know? Each month we release one item from our PREMIUM package to the public for a limited time. Don’t miss this opportunity to check out brand new BFF resources.

The Long-Term Survival of Family Business

The Clarkson Centre for Board Effectiveness (CCBE) at the Rotman School of Management has a mission to study corporate governance and provide practical insights for companies about what good governance means.


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