outofthefamily review

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(as of Jan 01, 2025 21:47:14 UTC - Details)

Family businesses epitomize the best of the American Dream: you work hard, you're your own boss, you leave a lasting legacy to your children—or do you? Statistics show that only 30% of family businesses survive to the second generation, and a paltry 10% survive to the third generation. Family businesses are in trouble, and their survival is crucial to us all. Their success ensures our country's success—and their failure can drastically affect our economic health.
In Keep the Family Baggage Out of the Family Business, family business expert Quentin Fleming has identified the Seven Deadly Sins that are invariably responsible for a family business's demise. Keep the Family Baggage Out of the Family Business presents practical and accessible advice geared toward the average family business owner or employee and is an invaluable tool for helping family businesses not only survive but thrive.

Publisher ‏ : ‎ Touchstone; Original ed. edition (February 29, 2000)
Language ‏ : ‎ English
Paperback ‏ : ‎ 336 pages
ISBN-10 ‏ : ‎ 0684856042
ISBN-13 ‏ : ‎ 978-0684856049
Item Weight ‏ : ‎ 10.4 ounces
Dimensions ‏ : ‎ 5.5 x 0.8 x 8.5 inches
Reviewer: H R
Rating: 5.0 out of 5 stars
Title: It is very nice, thank you
Review: It is very nice, thank you

Reviewer: firemtn
Rating: 4.0 out of 5 stars
Title: Interesting. Example application is limited
Review: Well written. Wish it addressed a greater variety of examplea

Reviewer: holly
Rating: 5.0 out of 5 stars
Title: Don't buy the other family business books...just this one.
Review: I bought 3-4 books on family business, as we were experiencing some challenges in succession and estate planning. I felt that none of them really dug into the heart of the issues that make family businesses fail, or just downright unenjoyable. This really digs into the psychology and the pitfalls to avoid. It's REALLY direct, especially towards the owners/parents who must eventually step aside, although it has plenty of warnings and admonishments for the next gen.I thought it was bold, and said what needed to be said. I immediately bought 4 copies. I recommend it over all the others. Especially the ones with the boring covers all written by the same authors - the info is trite, obvious, and largely feels like the role of women is in the 60's...but this book is different. Highly recommend. I wish my family had read it years ago.

Reviewer: victoriaanneb
Rating: 3.0 out of 5 stars
Title: Good Book for Parents
Review: A good book for parents interested in succession of a family business. Not exactly what I was looking for - that's why the 3 stars. Still enjoyed reading it.

Reviewer: John 13000
Rating: 5.0 out of 5 stars
Title: A great Book!
Review: I ordered and read every book in this family business sucession area and this one really hits the points that I feel are important to our 3rd generation family business. It is clear, easy to read and not full of a lot of scientific or legal jargon. After reading I bought 6 more copies!!

Reviewer: Andy Johnson
Rating: 5.0 out of 5 stars
Title: Excellent
Review: Keeping the family baggage out of the family business is a wonderful and deeply insightful exploration of the way family systems intrude into business systems in family owned and run businesses. The book reflects a deep knowledge and mastery of this subject. In the family business literature, this is a standout!

Reviewer: Rudy Neufeld
Rating: 4.0 out of 5 stars
Title: More Truth Than Many of Us Want to Admit
Review: As a family business counselor and consumate reader, I continually look for new materials that can help clients--family members and non-family managers--better understand the family business enterprises in which they are employed...or enmeshed. The title of this book turned me off. I know of no family business that can avoid the "socalled 7 deadly sins." Family baggage is part of family business. Nonetheless, I recommend the book. My usual use of the book is education of non-family managers who work for family business. My favorite reading references for professional managers are by John L. Ward: Keeping the Family Business Healthy, and his revised, expanded update, Strategic Planning for the Family Business. Family members may be willing to read the book, although I have limited experience with that. I would refer them to books like Working With The Ones You Love by Dennis Jaffe.

Reviewer: JB
Rating: 5.0 out of 5 stars
Title: Excellent book
Review: I love it, it help me a lot to uderstand why some things are like they are. I believe God put this book on my hands when I need it the most.