Josh Baron > Quotes

“So, what separates the best from the worst? The most successful family businesses have three traits in common: Curiosity: Successful family businesses are led by lifelong learners. These leaders ask great questions rather than assume they have all the answers. They’re always exploring what others are doing and looking for new ideas. Teamwork: Effective family businesses know that keeping their business functioning well requires constant effort. They identify emerging problems, they’re not afraid of having difficult conversations, they make tough choices—and they recognize the importance of doing these things together. Adaptability: They embrace the challenges that come their way and are open to change to meet them. They recognize that just because something has worked brilliantly up until now doesn’t guarantee it will work from now on.”
― Josh Baron, The Harvard Business Review Family Business Handbook