Lawrence Nicholson | Family-owned business facts and myths
The long and storied history of family-owned businesses, FOBs, comes with facts, myths and old tales, many of which are not easily disaggregated or detangled. In many instances, myths are quoted as facts and facts are pushed aside as myths.
Many of the statistics and proclamations being bandied about have given credence to the one of the laws of propaganda attributed to Nazi Joseph Goebbels: “Repeat a lie often enough and it becomes the truth”.
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