Showing posts with label Generations of Family Business. Show all posts
Showing posts with label Generations of Family Business. Show all posts

Wednesday, August 1, 2012

New York Family Businesses Moving in New Directions!

CONTINUITY
FAMILY BUSINESS CONSULTING
US/CANADA: 877-925-5149 INTERNATIONAL: 1-617-500-3110
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In 1975, long before the Upper West Side became one of the city’s most desirable neighborhoods, Joe Goldberg inherited a shoe retail business from his father Harry. 

It was then called Florsheim Shoes, but over time it became a New York City fixture: Harry’s Shoes.  This past March, Joe passed away at the age of 83, but not before he helped his son Robert and daughter Randi open a newly expanded Harry’s Shoes, which will be more than double the size of the existing store. 


This is a great accomplishment for the Goldberg family considering only about one-third of family businesses make it to the second generation, and about half of those make it to the third.  Harry’s shoes is not only beating the odds but expanding and moving in new directions. 

What’s the secret to their success? - Common goals, strong family ties, and a willingness to listen to a new generation.  "You can't stand still," Robert Goldberg said. "The secret to business is constantly reinventing who you are." 

The ability to change with the times and communicate amongst all generations allows family businesses to be successful.

For more information, please visit ContinuityFBC.com