Join Sophia Haber Brock ’26 for a deep dive conversation with the Executive Board of Fairfield’s new Family Business Club. Tyler Basile ’27 (President) Lucas Steele ’27 (Treasure) Kaitlyn Curcy ’27 (Head of Media and Marketing)
The Family Business Club aims to empower students who are passionate about family business by offering resources and opportunities for personal and professional growth. We strive to foster a collaborative community where members can exchange ideas, discuss common challenges that family businesses face, and develop innovative solutions.
Instagram: @ffld_family_business_club
What We Offer:
Networking Opportunities: Connect with fellow students, alumni, and industry professionals who share your interest in family businesses.
Seminars: Participate in events featuring guest speakers, business leaders, and experts who provide insights into various aspects of managing and growing a family business.
Social Events: Join us for social gatherings, community service activities, and Fundraising events.
Quick Facts:
- The average lifespan of a family-owned business is 24 years
- About 40% of U.S. family-owned businesses transition into second-generation businesses, approximately 13% are passed down successfully to a third generation, while 3% survive to a fourth or beyond
- Family-controlled firms now make up 19% of the companies in the Fortune Global 500, which tracks the world’s largest firms by sales. That is up from 15% in 2005.
- Family-owned businesses contribute 57% of the U.S. GDP ($8.3 trillion), employ 63% of the workforce (FEUSA, 2011), and are responsible for 78% of all new job creation.
- 48.1% of entrepreneurs said they grew up in a family business
Who Should Join:
Our club is open to all students who are either part of a family business, interested in family business dynamics, or aspiring to start their own family enterprise. Whether you’re studying business, economics, marketing, or any other discipline, if you have a passion for entrepreneurship and family businesses, this club is for you.
