Entrepreneurship is an ideal venture for people who possess traits like innovators and creators. Although such an endeavor requires a dose of ambition, there are numerous examples of people who have acquired their entrepreneurial empires out of modesty and love for a particular job or activity. The trends that have positioned today determine the direction in which the future of the company will move about. Family businesses play a major role in the development of the state’s economy and society. They contribute to employment, export and development of relations with business partners. The majority of family businesses are located in the SME sector. Each of them faces a series of tasks and challenges, so it is important to harmonize relationships within the family, property and business. The advantage of a family business is greater commitment to work and family because family members are willing to put more effort into their company than others. In a family business, it usually doesn't take much time to make important decisions, and they adapt to market conditions more quickly. Family businesses are often reliable systems with a clear organizational culture and thus more easily gain the trust of customers and partners. In such a company, it is important to define rules and patterns of behavior in advance so that the business and family domains do not overlap too much. The family is built on attachment, equality, and the business world on common interests and solving tasks. The Luksic family is an example of how to do business successfully for generations.