• Startups and NextGen

  • Aug 28 2023
  • Length: 31 mins
  • Podcast

Startups and NextGen

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  • Summary

  • Startup founders and NextGens (of established family businesses) face a very different set of challenges. While startup founders have to focus on the very basics of their company, this may not apply to the NextGens. Upon taking over the established business however, NextGens can instead encounter a set of traditions and cultures that seemingly do not allow for much room for change. Whereas Startup founders are generally free to drive their businesses in the direction they so wish. The two also have commonalities such as respect for entrepreneurship and a drive for growth. In this episode, we try to look at the similarities and contracts between the two situations.
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