We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
There is a saying that goes something like this: “When you are up to your ‘you-know-what’ in alligators, it is hard to remember that the original plan was just to drain the swamp.”
There is a saying that goes something like this: “When you are up to your ‘you-know-what’ in alligators, it is hard to remember that the original plan was just to drain the swamp.”
Only 30 percent of family businesses survive the transition to the second generation. The odds of getting to a third are a tiny 13 percent (hence “shirtsleeves to shirtsleeves in three generations”). And yet, family business outperforms non-family business at almost every level.
