According to Denise O'Berry, "Family businesses embody our country's entrepreneurial spirit and represent the hopes and dreams of many for independence, community, self-sufficiency, and wealth." In her article, Seven Short Leadership Lessons for Anyone Who Runs a Family Business,  Edward Hess (of Emory University in Atlanta, Georgia) shares lessons for family leaders, including: "The fundamental...

Final Segment: Behind the Scenes with a Notable Agribusiness Family  When an industry giant fails to achieve a lifelong objective, the earth shudders.  Great institutions don't happen by accident; they are the result of a burning desire to achieve, a big vision, careful planning, tireless execution, agility and poise.  Each trade is founded on the backs of visionary [...]...

"Paying attention to both family and business concerns is not easy.  Family rules and norms about what to talk about and what to keep quiet may limit discussion of important issue.  As you begin to discuss family and business concerns, you may need to use a non-family member to help you sort through the questions [...]...

CNBC's June 11th, 2008 interview with Bill Walstad, University of Nebraska Lincoln discusses the "big promise" ahead for future farmers and rural entrepreneurs.  According to Walstad, as the population ages there is a need for the next generation to take over existing businesses and launch new ones, in order to "keep those communities vital."  He goes on to forecast [...]...

Part V of Behind the Scenes with a Notable Agribusiness Family An excuse doesn't substantiate failure; it only appeases the moment, absolves culpability and allows for repeats.  Failure is a lack of intended results.  The function of failure is to instruct and to impose, or suggest, a do-over.  One constant throughout Robert Mondavi's adult life, and a major [...]...