The modern generation seems not so intent upon continuing the family legacy.
Family firms handed down from generation to generation have always dominated the PHC industry. I take a great deal of pride in watching my sons operate Blau Plumbing & Heating with minimal input from me these days, and I know a great many of you know that same feeling. It's a good thing, too, because business entrepreneurs aren't exactly clamoring to enter the PHC field with its tiny profits, huge risks and regulation burdens. If not for the traditional family businesses of our industry, where would the American public go to satisfy its needs for health, safety and comfort?
Lately, I'm beginning to wonder if this tradition isn't in danger of unraveling. Two conversations in recent months got me to thinking that way.