monopoly

To Shirtsleeves in Three Generations

In a Previous article I mentioned the 'Legacy Business'; that is a company created by hard working people, passed to… Read More

8 years ago

Be Very Careful; Legacy Businesses

When you encounter a business that has been 'in the family' for generations, the 'knee jerk' response is to assume… Read More

8 years ago

Legacy Business; Modern Failure – Three

In the Second Article I used a business, (under an assumed name) to give an essence of its degeneration. The… Read More

8 years ago

Legacy Business; Modern Failure – Two

In Part One I gave the foundation of the failures of Legacy Businesses.  In this article I give some of… Read More

8 years ago

Legacy Business; the Modern Failure

From the outside the  company appears solid. It is well known, has a good name, and has been around for… Read More

8 years ago

Understanding Why Legacy Companies Often Fail

On the last page of Pearl Buck's book; The Good Earth, the grandfather, who spent the first part of his… Read More

8 years ago