Love, Power and Money: Family Business Between Generations

In Love, Power & Money the authors share the stories of countless businesses run by generations of families and explore the powerful emotional forces unleashed in the running of a family-owned business. The chapters cover topics ranging from family dynamics, to employment strategies, business plans, and management and estate succession methods. How similar are problems faced by families who work in business together? More often than not, family businesses throughout the world share common problems as they work to create a successful business without destroying the family. Through the use of family business stories, the authors explore the powerful emotional forces unleashed in the running of a family-owned business. By sharing the unique solutions that these families implemented, the book helps other families in business find the balance among love, power and money in order to master the complexities of family business transitions. The solutions show that healthy family relationships coupled with a strong business produce an enduring and successful family business, generation to generation. Reviews: "At last, here is a book that holds up a mirror to the reader. No one can read these cases without relating to and empathizing with these families and their stories: how they each grappled with the common dilemmas and challenges that must be faced when you own a family business. The most important theme runs like an artery through every case: healthy, adult family relationships and a strong business lead to successful family businesses generation after generation." Barbara Murray, PhD Past Editor in Chief - Families In Business Magazine "Fowler's enlightening case studies are likely to resonate with many readers." -- Barbara Spector, Family Business Magazine I dare anyone to read this book and not identify their own family in one of more of its stories. Marshall Paisner, author of Sustaining the Family Business and founder of ScrubaDub Auto Wash Centers, Inc. "This book has given me the inspiration and the language I need to talk with my father about succession planning, his philosophy on business and family, and his personal expectations of his six children, and particularly, of me." Vesla Bemis - Bemis Manufacturing Company

Dean R. Fowler, Ph.D. is recognized as one of the world’s leading experts specializing in the emotional dynamics that impact families in business and families of wealth. The international association, The Family Firm Institute, honored him by selecting him to receive the prestigious ＂Award for Interdisciplinary Achievement＂. His book - Love, Power and Money - has won world-wide acclaim in reviews in the major publications dealing with family enterprises as one of the best books on integrated family transition planning. In 2008 he was appointed to serve with a select group of business leaders on the Coleman Chair Advisory Council at Marquette University’s College of Business Administration. In 2009 a new television series - Family Inc. - was launched in five Midwestern states with Dean Fowler serving as host. (family-inc.com) In 2011 he published two additional books - Family Business Matters (available at www.createspace.com) and Proactive Family Business Successors. Both books are available as MP3 downloads at his web-site: http: //www.deanfowler.com/resources/books-cds/ For over thirty years, Dean Fowler has served over 300 family clients in both the United States and Europe. His firm, Dean Fowler Associates, provides integrated services focusing on the ＂soft side of hard issues＂ by working closely with the other professional advisors trusted by the family client. Peg Masterson Edquist is a freelance journalist with more than thirty five years of broadcast journalism and print journalism experience. During her career, she has worked for the Milwaukee Journal/Sentinel as a business writer, covering beats as varied as retailing and the brewing industry. For 20 years she was a contributing writer, broadcast reporter and columnist with the Business Journal of Greater Milwaukee. During her freelance career, she has written for publications that include Advertising Age, The Writer and Photo District News. She is co-author of the book ＂The Transport of Hope, How one humanitarian made a difference in the Balkan conflict＂ (HenschelHAUSbooks June 2016 ＄14.95) She and her husband Jerry, are owners of Carlson Tool & Manufacturing, Inc., a ＄27 million Wisconsin manufacturing firm with 150 employees. Carlson Tool is a privately held, family-owned business founded by Jerry’s father in 1958 For more information, see www.deanfowler.com