Our guest today is Dr. Dianne Welsh. Dr. Welsh is a known scholar in entrepreneurship, family business, and franchising at the University of North Carolina Greensboro. She grew up in her family business, Boyt Division of Welsh Sporting Goods.

Dr. Welsh has published 130 journal articles and eight books, including the go-to book for cross-campus entrepreneurship programs, Creative Cross-Disciplinary Entrepreneurship.

In this episode of Family Business Today, you will learn:

• How growing up in her family business influenced her thoughts on the cross-sector of entrepreneurship and family business

• What the difference is between learning about entrepreneurship and learning about business

• How a family business can create an environment for entrepreneurship to flourish beyond the first generation

• What a NextGen leader can do to help their family business survive past the first generation

• Is there an indicator for family business success?

• And more…

Dr. Dianne Welsh is the author of Entrepreneurial Family Business: From Survival to Success.  Her book focuses on the role of innovation in the development and longevity of her family business, Boyt®. It highlights the integral roles that each person plays in the success of a business and emphasizes that each role deserves respect and praise. To get your copy, visit Entrepreneurial Family Business.

At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.

If you are considering a transition in your family business contact us today for a FREE  Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. (a $299 value)

Until next time, There’s No Business Like a Family Business…. We Know!