Does childhood socialisation impact one’s entrepreneurial intentions? Let’s discuss… Entrepreneurs can often expect a lower income than their corporate counterparts. Since therefore entrepreneurship is not an obvious economic choice, there must be other, non-pecuniary motivators at play for those who choose to follow this route.
I have worked with many family owned businesses in diverse industries over the last 20 years and this has allowed me to gain a greater understanding of how a family business can achieve growth, the risks involved and how governance plays an essential part in ownership control. I am happy to share and extend my experiences with you on how to make a successful endeavour when taking on the challenge to start or run your own family owned business. I welcome you to comment and debate any issues that you face in managing your family business, or to share your successes and best practices with us.
– Steve Woodward
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October 17, 2014
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