Overview

"For over two decades Robert Jhonson has navigated the world of family businesses, their celebrations and their heartaches. In the corridors of family businesses, a silent struggle unfolds-one that transcends balance sheets and profit margins. It is a narrative of pain and sacrifice, of dreams built and dreams deferred. This is the untold story of generational transition, a saga where founders pass the torch to heirs, and the torch, heavy with legacy, can either illuminate a path to prosperity or cast shadows that threaten the very foundations of familial bonds and business empires. The statistics are stark, revealing a harsh reality: only a third of family businesses survive the journey to the second generation, and even fewer persevere into the third. Yet, behind these numbers lies a deeper truth-an unspoken agony that arises when the generational transition is not meticulously prepared for, when it becomes a tempest instead of a seamless evolution. In this book, ""Strain: Navigating the Turbulent Waters of Family Business Succession,"" Robert Jhonson seeks to illuminate the nuances of this silent suffering, to unravel the intricacies of a process that extends far beyond a mere transfer of power. The generational transition is not a singular act but a protracted journey, a tapestry woven over years, sometimes decades."

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