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Compass for Entrepreneurial Families

Key Takeaways from Unit 2

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Take a few minutes to reflect on what you just saw, heard or read...

Hopefully you were able to place yourself on some of these continuums. But even more revealing is to position other family members on these paths of life. This enables us to better understand their hopes and dreams and even frustrations.

  1. Many life cycles are in play simultaneously
  2. Family members are all going through their own personal journeys and family stages
  3. Demographic changes have increased the challenges family businesses face on a daily basis
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