TY  - JOUR
AB  - Steven Rogers had always thought that someday he would like to own a business with one or both of his daughters. As his eldest daughter, Akilah, finished her final semester at Harvard Business School, she told Rogers that she would like to create with him a Chicago-based real estate venture that included buying, rehabbing and renting homes in the Englewood and South Shore neighborhoods of Chicago. Rogers quickly realized that his biggest challenge was how to equitably structure the ownership of the business. He gathered advice from family business experts and slowly began to build a plan that would benefit each member of his family. Meanwhile, Akilah assumed responsibilities associated with the business as she finished her final semester at HBS. The case ends with Rogers Family Enterprises owning its first three houses.1. Students learn how to construct an equitable business ownership plan for a family business. 2. Students learn the agreements that family businesses should have in place. 3. Students learn why successful entrepreneurs tend to be those who control the growth of their company while envisioning an empire.
VL  - 
IS  - 
SN  - 2474-6568
DO  - 10.1108/case.kellogg.2016.000082
UR  - https://doi.org/10.1108/case.kellogg.2016.000082
AU  - Ward John L.
AU  - Schwendener Susan R.
AU  - Whitaker Scott T.
PY  - 2017
Y1  - 2017/01/01
TI  - Creating a Family Business: The Genesis of Rogers Family Enterprises
T2  - Kellogg School of Management Cases
PB  - Kellogg School of Management
SP  - 1
EP  - 10
Y2  - 2024/04/19
ER  -