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Episode 2: Lessons From a Life-Changing Crisis | The Path to Entrepreneurship | A Board-Building Cautionary Tale

Family Business/Business Family

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The Importance of Governance in Family Businesses

This chapter examines the vital role of governance in family businesses through a personal story of a flawed investment decision made without proper oversight. It highlights the shifts in traditional roles and the importance of establishing structured decision-making processes to prevent conflicts within the family.

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