Extraordinary Business

I recently read the article in Inc. Magazine called "The Success Gene" by Adam Bluestein. The article highlighted the following businesses for having existed for over five generations: Hussey Seating Company, C.F. Martin & Company, Iwan Reis & Company, Harden Furniture Company, A. E. Schmidt Company, and NP Dodge.

First I want to congratulate each company for surviving so long through good times and bad. It's impressive to see that many generations keeping business in the family. One thing that can be said for each business is the similarity in their beliefs.

Each business lives by the belief that they are the best in their industry. Being the best separates those who want to be number one in their industry from those who are just trying to compete. Also, each company mentioned their willingness to change. Change is an important factor in business, and many businesses, family or otherwise, fail because they are unwilling to change. While there aren't a lot of secrets to how they have survived the times, it is still and interesting and inspirational read. If you have the April copy of Inc., please check it out.