Slovenian entrepreneurship at a Crossroad

1. How will the first generation of entrepreneurs say their goodbyes?

In the past few months, I have visited more than 250 exceptionally talented entrepreneurs. Even though they are full of optimism and in spite of the record results that they have achieved this year, many of them are in doubt about the transfer of management and/or ownership to the next generation. Nearly 30 years have passed since the entrepreneurial renaissance occurred in Slovenia. The first generation of entrepreneurs is on the brink of retiring.

While some have tackled this challenge responsibly and systematically, e.g. with a family constitution, others have not. This is why I am not surprised by information that the demand for selling family companies is higher than ever. On the other hand, there is also the information that there are very few family companies being sold. After all, family...