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Sharing inspirations for Family Businesses around the worldby Business Families Foundation

Motivation

The multi-layered relationship of working with family members

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If family members work together, are they more likely to have multi-layered relationships with each other, rather than weak acquaintanceships? At BFF we witness families whose relationships are stronger because they are connected by the ‘glue’ of a family business. For this reason we particularly enjoy watching a mom-and-daughter team, […]

Is the Glass Half-Empty or Half-Full?

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“Doesn’t matter if the glass is half-empty or half-full. All that matters is that you are the one pouring the water.” – Quote by Mark Cuban

No One Can Avoid Defeat

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“No one can void defeat. That is why it is better to lose a few battles in the fight for your dreams than to be defeated without even knowing why are fighting.” – Quote by Paulo Coelho

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.

All Men Dream: But Not Equally

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“All men dream: but not equally. Those who dream in the dark recesses of the night awake in the day to find all was vanity. But the dreamers of day are dangerous men, for they may act their dreams with open eyes, and make it possible.” – Quote by T.E. Lawrence

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

Are Women the Future of Canadian Family Businesses?

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Women are playing a larger role in the economy than ever before. They also make up over 60% of all university graduates. With this surge of women in both business and education, are women the future of Canadian family businesses? Find out here!

Sustainable value creation in family business

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Rome wasn’t built in a day. Neither was your company. What are the benefits to sustainability? How can they help your business survive? Get the answers to your questions here!

Explore. Dream. Discover.

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Life is short, break the rules, forgive quickly, kiss slowly, love truly, laugh uncontrollably, and never regret anything that made you smile. Twenty years from now you will be more disappointed by the things you didn’t do than by the ones you did. So throw off the bowlines. Sail away from the safe harbord. Catch the trade winds in your sails. Explore. Dream. Discover. (Mark Twain)





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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

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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.

Imparting family values to the next generations

Watch Carolyn Greenspon, a 5th generation member of The New York Times Company founding family, describe the influence her late great-grand-mother still has on the family to this day, and how business family leaders can act as role models to inspire generations to come.


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.

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

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.


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

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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