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Nurturing the spirit of enterprise

More startup founders are passing on the desire for creating something new to their children from a very young age.

BUSINESS IS FUN: Sam Zietz, who founded TouchSuite which offers an array of financial and technological services for small businesses, with his family at their home in Boca Raton, Florida. Eldest child Rachel, 14, has her own startup, Gladiator Lacrosse, which will this year top US$1 million in sales of lacrosse goals and training rebounders, products she imports from China and sells online.

PERHAPS the most compelling family business narrative has long been about passing on an enterprise to the next generation. But with small business startups proliferating, and frequently growing in step with the children of company founders, it is not just the enterprise but the spirit of...

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