What Makes a Family Business Last for Generations?
Simply Be Found Huddle di Robert Downey
Note sull'episodio
Did you know only 30% of businesses survive past the 2nd generation? And only 3% make it to the 4th?
In this episode of the Simply Be Found Huddle, Rob & Dean dive into the emotional, financial, and strategic challenges of multi-generational businesses. If you've inherited a business—or are thinking about handing yours down—this one's for you.
🔑 Key Points:
✅Real stats on generational survival rates
✅Why many 2nd/3rd gens fail
✅Rob’s personal story as a business evaluator
✅Dean’s hands-on experience as a 2nd-gen owner
✅The clash of passion, pressure, and purpose
✅How a landscaping startup with 15 employees and no clients sparked this convo
✅The real value of business coaching in family-run companies
✅When it’s better to sell than hand off
🌐 Learn more: ...