Families, the poet Philip Larkin wrote, they mess you up. Only he used slightly stronger language. When it comes to family business, he was right on the money.
A recent survey found only 15 percent of family businesses survive past the second generation. If the whims of the market place don't get you, rivalry or old fashioned greed will.
Which makes the Antinori family of Italy all the more remarkable: as 60 Minutes correspondent Morley Safer first reported last fall, they've been in the same line of work for six centuries now.
The Antinoris make wine and the family story reads like a wine review - complex, stylish, sophisticated with a bouquet both elegant and earthy.
http://www.cbsnews.com/stories/2008/10/10/60minutes/main4514254.shtml
Disgusting
16 years ago
Nice article! I found it interesting and enjoyable to read about a succesful family business. Although they may not always agree, they have managed a strong business that evolved over the years.
ReplyDeletei was just amazed at how long it has been running
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