JOHANNESBURG - A study by the Conway Centre for Family Business revealed that only about 30-percent of family owned businesses make it to the second generation of owners.
And just 12-percent make it to the third.
If you consider the hard work that goes into establishing these businesses it's disheartening to know these efforts don't translate into generational wealth.
Meanwhile a survey by one-life insurance found that 31 of people have started side hustles to make ends meet.
Carol Mazaka, the insurer's head of Consumer Services, had a conversation with the eNCA.