The Next Big Idea Daily

How to Build a Company That Lasts 100 Years


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How do you build a company that lasts? It’s certainly not easy. About half of all small businesses fail within five years, and even large companies struggle to make it to the decade mark. So how do some businesses last for generations, even centuries? According to Eric Becker (The Long Game), founder and chairman of the wealth management firm Cresset, those companies, which he calls Centurions, have figured out how to play the long game.

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