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#361 Estée Lauder

Founders

NOTE

Involve Your Family to Build Togetherness in Business

Involving family in a business can strengthen personal relationships and contribute to professional success. Entrepreneurs often risk alienating loved ones due to their single-minded focus on building their ventures. To mitigate this, drawing family members into the business can create a shared purpose, encouraging both growth in the enterprise and intimacy in relationships. This approach not only helps in maintaining personal bonds but also allows for collaboration that can enhance decision-making and commitment to the business. Successful entrepreneurs like Estee Lauder have demonstrated that engaging family members in a business not only keeps the familial connection strong but also leverages diverse perspectives for the company's advancement. Such integration fosters an environment where personal and professional lives coexist harmoniously, ultimately leading to sustained mutual support and shared achievements.

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