Displaying 2 items of The Owner's Box @WashU Olin with the tag "family".
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Tactics from the Owner's Box: The Family Mission Statement
December 11th, 2025 | 8 mins 10 secs
family, family business, mission statements, multi-generational, parenting, philanthropy, wall street journal
In October, Juliet Chung of the Wall Street Journal wrote a piece titled "Wealthy Families Are Writing Mission Statements to Avoid Fights, Lost Fortunes." If no family – happy or unhappy– is simple, what does it mean for a family to be intentional? Today on the Owner's Box, the power and limitations of a family mission statement, and what lessons are worth mining from multi-generational family business owners.
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Tactics from the Owner's Box: A Cabin in the Woods
December 3rd, 2024 | Season 2 | 7 mins 17 secs
business, cottage, family, real estate, wall street journal
A few weeks back, Peter Grant from the Wall Street Journal reached out with a question. How do families with real estate approach this investment differently than a fund? For Grant, the Wall Street Journal commercial real estate writer, his focus was on commercial real estate in New York. He had started to note something unusual in this space -- those families who had long committed to never sell were doing... just in fact that.