When Grandpa Dies, I Get the Business (Should I Wait?)
The EntreLeadership Podcast
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Navigating Family Business Succession
This chapter explores the intricate dynamics of business succession within a family-owned company, highlighting the tensions that arise among relatives regarding asset distribution and leadership roles. It discusses the contrasting visions for the company's future, particularly between siblings and the influence of a patriarchal figure. The conversation emphasizes the importance of communication, understanding generational perspectives, and the careful testing of new business strategies for sustainable growth.
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