Simply Be Found Huddle

What Makes a Family Business Last for Generations?


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Did you know only 30% of businesses survive past the 2nd generation? And only 3% make it to the 4th?

In this episode of the Simply Be Found Huddle, Rob & Dean dive into the emotional, financial, and strategic challenges of multi-generational businesses. If you've inherited a business—or are thinking about handing yours down—this one's for you.

🔑 Key Points:

✅Real stats on generational survival rates

✅Why many 2nd/3rd gens fail

✅Rob’s personal story as a business evaluator

✅Dean’s hands-on experience as a 2nd-gen owner

✅The clash of passion, pressure, and purpose

✅How a landscaping startup with 15 employees and no clients sparked this convo

✅The real value of business coaching in family-run companies

✅When it’s better to sell than hand off

🌐 Learn more: SimplyBeFound.com

#GenerationalBusiness #BusinessSuccession #SmallBusinessTalk #SimplyBeFound #Entrepreneurship #BusinessGrowth

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Simply Be Found HuddleBy Robert Downey