Surviving Since Lincoln: How Six Generations Beat the Small Business Curse (2026)

The story of Bassett's Ice Cream is a fascinating journey through time, showcasing the resilience and adaptability of a family-owned business. With its roots firmly planted in the era of Abraham Lincoln, this Philadelphia institution has not only survived but thrived across six generations.

What makes Bassett's story so compelling is its ability to navigate economic challenges, shifting consumer preferences, and intense competition. It's a testament to the power of tradition and innovation, and how these two forces can coexist and drive success.

The Power of International Expansion

One of the key strategies that has kept Bassett's relevant and thriving is its international expansion. By exporting its ice cream to markets like China and Taiwan, the company has not only found new customers but also a platform for creativity. The development of unique flavors, like matcha ice cream, showcases how global reach can inspire and enhance a brand's offering.

Personally, I think this is a brilliant move. It demonstrates a deep understanding of the global market and a willingness to adapt and innovate. By embracing new cultures and tastes, Bassett's has not only expanded its customer base but also enriched its own product range.

Tradition Meets Innovation

While Bassett's has embraced international markets, it hasn't forgotten its roots. The company continues to use Pennsylvania dairy for its traditional ice cream, a nod to its heritage and a commitment to quality. This balance between tradition and innovation is a delicate dance, but one that Bassett's seems to have mastered.

What many people don't realize is that this balance is crucial for long-term success. It's easy to get caught up in the latest trends and forget the core values and strengths that have sustained a business for generations. Bassett's ability to strike this balance is a key reason for its longevity.

A Family Affair

At the heart of Bassett's success is its family ownership. Sixth-generation owner Alex Bassett Strange speaks with a passion and pride that is infectious. The company's ice cream is not just a product; it's a tradition, a legacy, and a source of immense pride for the Bassett family.

This family-centric approach is a powerful differentiator. It creates a sense of trust and loyalty among customers, who see Bassett's as more than just an ice cream brand. It's a part of their community, a piece of Philadelphia's history, and a symbol of American resilience and entrepreneurship.

A Bright Future

As America celebrates its 250th anniversary, Bassett's is marking its own milestone. With its eyes on the future, the company has introduced vegan ice cream and limited-edition flavors, showcasing its ability to adapt and cater to changing consumer demands.

In my opinion, Bassett's future looks bright. Its ability to honor its past while embracing the future is a recipe for success. By staying true to its values and adapting to the times, Bassett's is well-positioned to continue its legacy for generations to come.

Surviving Since Lincoln: How Six Generations Beat the Small Business Curse (2026)
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