USD Magazine, Winter/Spring 1997

Re alive BY MICHAEL R. HASKINS

can lead to conflicts that can tear family businesses - and families - apart. Unlike many other executives, however, Caster has avoid– ed the problems that can plague family businesses with the help of an important ally: USD's Family Business Institute. "Joining the Family Business Institute was like clearing away a cloud hanging over our heads," says Caster, whose father is chair– man of the company and seven brothers and sisters are co-owners. "The institute brings all the important issues into focus, helps family members understand their roles and eliminates the fear of the unknown that can cause problems." The issues faced by family businesses are strikingly similar. Which family members work in the business? Who gets to be in

Some members refer to USD's Family Business Institute as " the best secret in San Diego. " As business schools and business execu– tives recognize the unique challenges faced by family businesses, which make up more than half the companies in America , the institute is remaining one of the best w hile the secret gets out. L ike executives at hundreds of family-owned businesses across the country, Brian Caster pulls double duty. As the CEO of a major real estate and investment company, Caster Family Enterprises, he is charged with guiding the company and ensuring its success. As a member of the family that owns the business, he must be a responsible son, brother and father. These multiple roles

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