Hi, everyone. Im jj ramberg welcome to your business. Its no secret that in the world of familyowned businesses, survival can be hard. When the torch passes from one generation to the next, families could face big challenges. The chance for success is less than 40 . Those are not good odds. The fong family who have built an empire of cribs defied those odds. Their company, Million Dollar baby, has become one of the largest manufacturers of cribs in the world. But that success has come despite the family facing some really hard moments. When this pair of music moguls and an iron man splurge on a 3,500 striking acrylic crib, it makes headlines. The l. A. Based Million Dollar baby is the familyrun business behind this innovative design and over the past 27 years, the Powerhouse Company has delivered millions of cribs worldwide. Soon after the they feared for the future of china, so they moved their family to the u. S. Daniel had a background in Venture Capital and he wanted in on a happy
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