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Ideas really are a dime a dozen. “Everyone who’s ever taken a shower has had an idea,” said Nolan Bushnell, founder of both Atari, Inc. and Chuck E. Cheese’s Pizza-Time Theater chain. “It’s the person who gets out of the shower, dries off and does something about it who makes a difference.” Count the father-and-son [...]
Family-run companies are in many respects the backbone of American business. They are typically the most stable of small businesses, with a much lower failure rate than other small business models. Some of the largest and most successful companies in America are family owned and operated, yet 70 percent of family-run businesses don’t make it [...]