Steven Rogers had always believed that someday he would like to be in possession of a company with one or both of his daughters. As his oldest daughter, Akilah, completed her final session 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 understood that his biggest challenge was how to structure the ownership of the company. He slowly started to construct a plan which would help each member of his family and gathered advice from family business specialists. Akilah assumed obligations associated with the company as she completed her final session at HBS. The case ends with Rogers Family Enterprises possessing its first three houses.
PUBLICATION DATE: October 20, 2011 PRODUCT #: KEL567-HCB-ENG
This is just an excerpt. This case is about INNOVATION & ENTREPRENEURSHIP
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