Family Business Magazine's CEO Bill Rock Details How 'Balancing Purpose with Profit' Is Family Business Strength, in New Family Enterprise USA Podcast

    WASHINGTON, DC, September 21, 2023 /24-7PressRelease/ -- Balancing purpose with profit is a major advantage family businesses carry over other private and public companies, according to Family Business Magazine CEO, Bill Rock, in a new podcast airing now.

The new episode of "The Voice of Family Business on Capitol Hill" is hosted by Pat Soldano, President, Family Enterprise USA and Policy and Taxation Group. Her guest, Rock, is President & CEO, MLR Media, which publishes Family Business Magazine, the leading publication for multi-generational family business management.

The Philadelphia-based company operates digital platforms, magazines, and events providing public and private company directors, leaders, and owners of multi-generational family businesses and C-suite executives with the knowledge and skills to be successful in their roles.

"I see the health of family businesses as very strong today," said Rock during the audio podcast. "The key to multi-generational family business success is their ability to balance purpose with profit," he said. "In addition, we're seeing the professionalization of family businesses and the rise of family offices, a natural evolution of traditional wealth management."

In the podcast, Rock details the uptick in family offices competing effectively with traditional private equity and wealth management firms and using best practices in family business governance, building board of directors, and succession planning.

"Family business are more trusted than other businesses because they have a long-term focus, take better care of employees, and they've earned the trust of employees," said Rock. "Trust is the most important thing in business and family businesses excel at this."

In the podcast, a series focused on the issues facing family businesses, Soldano discusses with Rock tax issues, charitable giving, and the fast growth of family offices.

"The challenges facing multi-generational families are complex and different from other businesses," said Soldano about the episode. "Bill Rock provides the thirty-thousand-foot view of the business landscape and how family businesses are not only thriving, but paving the way for companies looking to create long-term growth and trust in our capitalist economic system."

Soldano manages Family Enterprise USA and its sister organization, Policy and Taxation Group. Both are based in Washington, DC, and advocate for America's family businesses.

This latest episode is now airing on Spotify, and other major podcast platforms, such as Apple iTunes and TuneIn. The podcast is sponsored by Cilker Henderson Properties, the leading medical office provider in Silicon Valley.

Subscribers will receive alerts as future shows are posted. To find it on Spotify go to: https://open.spotify.com/show/73pcpIL2NfPi11WG0FZdyX?si=xIww0QSoS_OHMdOeR9qXhw

Family Enterprise USA promotes multi-generational family business creation, growth, viability, and sustainability by advocating for family businesses and their lifetime of savings with Congress in Washington DC.  FEUSA represents and celebrates all sizes, professions and industries of family-owned enterprises and multi-generational employers. FEUSA is a 501.C3 organization www.familyenterpriseusa.com

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