For generations, business culture has celebrated independence. Entrepreneurs are often encouraged to rely on their own resources, outwork competitors, and build success through self-reliance. That mindset has helped create countless successful family businesses. Yet according to Howard Brodsky, Co-Founder, CEO, and Chairman of the Board of The Principle 6 Cooperative, the greatest challenge facing many family businesses today is not a lack of determination. It is scale.
Family businesses continue to play an enormous role in the global economy. Research shows that family-owned companies generate roughly 70% of global GDP and remain among the world's largest employers. At the same time, rapidly evolving technology, rising operational complexity, and growing competitive pressures are changing the environment in which many family businesses operate.
