“If I don’t buy that Jaguar now… when will I?”


“If I don’t buy that Jaguar now… when will I?”

That was Amit (name changed), 35, the elder son of a Mumbai-based auto component manufacturer.
He handled marketing and exports. Ambitious. Global exposure. And very clear about what success should look like.

“What’s the point of building a ₹500 crore business and working 12-hour days if I can’t enjoy the rewards?”

His younger brother, Sumeet, 32, had a very different worldview.
He was perfectly content driving his Innova Crysta.
“We’ve just taken a loan for the second factory. Why splurge on a luxury car? It sends the wrong signals—to employees, unions, even vendors.”
Two brothers. Same business. Completely different philosophies on money, optics, and entitlement.

When their father, now 65, came to me, he was deeply unsettled.
Both sons were capable. Both were committed. And both were already running large parts of the business independently.
But beneath the surface, fault lines were widening.

Amit frequently travelled overseas—and often combined business with leisure. His wife would join him, and often these expenses were booked into business accounts. After all the family owned 100% of the business. There was no public money involved.

Sumeet, on the other hand, was almost austere.
He took modest annual holidays within India—paid entirely from his own pocket. For him, mixing personal and business expenses was non-negotiable.

The father could see where this was heading.
Resentment.
Perceived unfairness.
And eventually—conflict.
But like many founders, he hesitated.
He hoped things would “settle down.”
They rarely do.

This is not an isolated story. It is a pattern.
In many family businesses, compensation, perks, and lifestyle choices are left undefined—especially in the early years.
What begins as flexibility slowly morphs into ambiguity.
And ambiguity… is the breeding ground for conflict.
The hard truth?

This issue should have been addressed 10 years earlier.
Not when the business reached scale.
Not when emotions hardened.
But when the next generation first stepped in.


     

   

     Harsh Chopra
     Family Business Advisor
     Partners4growth.in