80: Changing the Family Business Narrative | Daniel Van Der Vliet, Cornell University - Smith Family Business Initiative

In the US, there are 32 million family owned businesses. Popular media often depicts family businesses in a less than favorable light…think Arrested Development, Dallas, Succession, and of course, House of Gucci. As the Executive Director of the Smith Family Business Initiative at Cornell University, Daniel Van Der Vliet is dedicated to supporting and strengthening the network of owners, leaders, and alumni that work with family businesses. Listen in as they discuss important trends like disruption, innovation, and how the next generation can help drive entrepreneurship and sustainability.   Listen in to learn more about: The economic impact of family businesses in the US Myths about family businesses Ensuring the continuation of family businesses in the era of disruption Best practices for multi generational companies to adopt an innovation culture The need for families to educate the next generation on succession plans and future of their businesses Practical ways to navigate key issues faced by family businesses Show Links: https://www.johnson.cornell.edu/smith-family-business-initiative-at-cornell/     About Succession Stories Podcast Subscribe and leave a review to share what you like about the show! Succession Stories is hosted by Laurie Barkman, the Business Transition Sherpa-- guiding business owners through the process from "transition to transaction." Learn more at https://smalldotbig.com  Book an advisory call at meetlauriebarkman.com     Is this the year to sell your company? Don't leave your exit to chance. Stony Hill Advisors works with owners like you to get ready and maximize value when you're ready to sell. Visit www.stonyhilladvisors.com/podcast for a complimentary business valuation.