10 Keys to Success in Family Business

A list of 10 things that Gordon Wusyk has discovered over the last 30 years of advising business families

    1. Shared values about people, work and money
    2. Shared power – not necessarily equal, but fair
    3. Traditions that identify and bind
    4. A desire to learn and grow with new ideas – life long learning
    5. Non-business participation in activities – golfing, hiking, theatre, music, etc.
    6. Caring about each other and expressing it in overt actions
    7. Mutual respect built on trust
    8. Assistance and support for each other
    9. Respect for each others privacy
    10. Defined interpersonal boundaries