Family Businesses – How You Depend on Them


Manage episode 244502400 series 2286029
By Bart Jackson. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Business is the pillar of our economy. The family stands strong as the backbone of our society. Together, they form the institution of family business - the old reliable that keeps us all afloat. In the U.S., family firms provide nearly two thirds of the jobs, 57 percent of the GDP, and the majority of our community leaders. Dr. Dale Caldwell, Executive Director of the Rothman Institute of Innovation & Entrepreneurship, joins host Bart Jackson to show how government and investors neglect them, and other corporations see them only as merger fodder. Dale explains the specific advantages that major family-held companies, (Oracle, Berkshire Hathaway, Volkswagen, Koch Industries) possess over other comparatively sized firms. Further, Dale details both the challenges and profitable perspectives of the small family-held firms. Tune in and learn the perks and problems of working all in the family.

182 episodes