Family enterprises fork the majority of businesses in every country around the world. At the same time, few are unable to sustain themselves across the generations. Overcoming the challenges of longevity were the tenet of his book, Borrowed from Your Grandchildren: The Evolution of 100-Year Family Enterprises, which examines the thoughts from over 100 family businesses around the globe and forms the basis of this insight. Values, shared purpose, responsible ownership and stewardship come to the fore along with the continued entrepreneurship and innovation brought by subsequent next generation members in the successful businesses.
