Keeping the entrepreneurial spirit in the family

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Session recap

Each family business — like each family — is different. That was evident in the diversity of approaches and opinions expressed by two generations of leaders from two successful family businesses: Mascaro Construction Company, L.P. and retailer Michael C. Fina.

Their insightful discussion covered topics as varied as transitioning leadership, convening boards of advisors, establishing core values, setting compensation strategies, overcoming difficult family dynamics and giving back to employees and the community.

One thing panelists agreed on, however, was holding onto the core values of their businesses. John C. Mascaro, Jr., President and CEO of Mascaro Construction, encapsulated this philosophy: don’t change the company too much — just build on the founder’s original vision and make it that much better.

Does your family business possess the “thinking” and “drive” of an entrepreneur? Learn the key success factors of entrepreneurial companies and how these characteristics can be applied to your family business from one generation to the next.

Watch the full session below.

Keeping the entrepreneurial spirit in the family

Family businesses are unique. Visit our Global Family Business Center of Excellence and see how we can help.

 
Moderator
Dave Hoogendoorn speaks at EY Strategic Growth Forum

Dave Hoogendoorn
Managing Partner - Grand Rapids
Ernst & Young LLP

 
Speakers
Ashley Fina speaks at EY Strategic Growth Forum

Ashley Fina
President
Michael C. Fina

 
George Fina speaks at EY Strategic Growth Forum

George Fina
Chairman
Michael C. Fina

 
John C. Mascaro, Jr. speaks at EY Strategic Growth Forum

John C. Mascaro
Chairman
Mascaro Construction Company, L.P.

 
John C. Mascaro, Jr. speaks at EY Strategic Growth Forum

John C. Mascaro, Jr.
President & CEO
Mascaro Construction Company, L.P.