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Managing Generational Wealth, Mixing Family & Business, Millionaire's Investing Plan | Rizvan Khalid

IslamicFinanceGuru Podcasts

NOTE

Balance Family and Business

Managing a family business involves navigating complex family dynamics while maintaining objective business decisions. It is crucial to establish clear boundaries between family relationships and business roles. Successful family businesses often experience improved separation over time, allowing for clearer delineation of responsibilities and reducing conflicts regarding positions and decisions. This maturation leads to a more functional organization, where business matters are handled within the office context, distinct from family interactions outside of work.

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