Preserving Family Businesses

Lessons from a Vineyard: Ignore Predictions

Margaret Heffernan | Posted 02.06.2009 | Business


Margaret Heffernan

Civil war broke out in the Lebanon in 1977. As Nicholas Taleb recalls in The Black Swan, adults at the time were utterly confident that the war would end in "only a matter of days."

Only 15 Percent Of Family Businesses Last Three Generations

The Wall Street Journal | Robert Frank | Posted 06.24.2008 | Business


The path to riches usually starts with a family business. To use private-banker jargon, the Patriarch founds the company (they never say Matriarch) an...