Why Understanding the Complexity of Family Enterprise Ownership is Important

Family enterprises drive local communities and the global economy, with the top 500 firms forming the world’s third-largest economy-employing 25 million people and generating nearly $7 trillion in revenue. Despite this impact, ownership is often overlooked, yet it plays a crucial role in shaping long-term business success.
During this conversation, co-authors of "Own It!: How to Develop a Family Enterprise Owner’s Mindset at Every Age, " Wendy Sage-Hayward, Gaia Marchisio, and Barbara Dartt address key points:
🔹 Ownership decisions are infrequent but critical - covering shareholder agreements, acquisitions, succession, and financial strategy.
🔹 Ownership differs from management - it sets the business’s long-term direction, legacy, and financial goals.
🔹 Effective ownership requires more than just shares - it demands governance understanding, stewardship, and strategic thinking.
🔹 Families benefit from an inclusive ownership mindset - recognizing diverse ways owners contribute strengthens alignment and continuity.
🔹 By fostering ownership development and equipping future generations with the right mindset, family enterprises can ensure long-term success across generations.
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Read more about the book "Own It!: How to Develop a Family Enterprise Owner’s Mindset at Every Age:" www.thefbcg.co...
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This clip is from “The Owner’s Mindset: Fostering Success at Every Age.” Watch the entire 1-hour webinar here: • The Owner’s Mindset: F...
To learn more about The Family Business Consulting Group's approach to next-gen ownership development and family education, visit www.thefbcg.com, email [e-mail], or call 773-604-5005.