Cousin Federation More Mouths to Feed Governance - Compass Point Skip to main content

As your business grows, so does your family. Now it has grown and G3 is coming – also known as the Cousin Federation – which ultimately now means MORE mouths to feed. Learn what must be in place in order to have a healthy G3 business AND family!


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BLOG | FAMILY DYNAMICS / GOVERNANCE

The Cousin Federation

It’s a common phenomenon around the world. Family businesses rise like a phoenix from the ashes, powered by an entrepreneur’s vision and passion to do something better than what existed, transition to the second generation who work to preserve the wealth, only to see the family business return to the ashes from which they rose three generations earlier.

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BLOG | FAMILY DYNAMICS / GOVERNANCE

A Strong Family Business Isn’t Perfect

Running a family business is a lot like any other business. There are sales goals to meet, market trends to monitor, supply chains to navigate, stakeholders’ expectations to manage and people to hire, fire and develop. Pretty much the same… UNTIL you add FAMILY. And then, there are family dynamics to consider as you chart your business's course and build a strong family business.

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BLOG | FAMILY DYNAMICS / GOVERNANCE

Family Business Consultants: The Rising Tide That Lifts All Boats

Family business leaders face tremendous stress as they deal with all the challenges of business, and also the inherent intertwining of business, family, and ownership. It can get messy. Family dynamics bubble over with varied perspectives, generational differences, and tenuous relationships. It’s hard to be united when there seems to be a steady flow of drama, conflict, and disharmony.

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Where Family Businesses Come to Grow & Learn

At Compass Point, we make it easy to get insights, training, tools, and articles straight to your inbox and help family business owners and their team continue to grow, learn, and lead.