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“Narcissist, Taker, or A**hole” (with Adam Grant)
HBO's Succession Podcast
The Importance of Family in Business
Mixing family with business can be challenging because in a family firm, there's a desire to build a legacy and maintain socio-emotional wealth. People care more and are more motivated, but this can lead to unreasonable decisions and the destruction of financial wealth. Additionally, family history can also be brought into the business, making it difficult to separate family from business.
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