Author: admin
Back-Seat Driving: The Most Common Mistake Founders Make Post-Succession
Back-Seat Driving: The Most Common Mistake Founders Make Post-Succession One of the biggest mistakes founders make after handing over the keys to the kingdom is this: they don’t really let go. They linger. They meddle. They back-seat drive. Why is this so common? Because founders are deeply, emotionally tethered to their companies. For decades, their business hasn’t just been […]
Read moreDecision by Consensus or Majority in a 3rd Generation Family Business
Decision by Consensus or Majority in a 3rd Generation Family Business By the time a family business reaches its third generation, it is run by a group of cousins – none of whom have a controlling stake. So while the roles & responsibilities are divided for day to day operations and every wing of the […]
Read moreFamily Business Newsletter
Family Business Newsletter When the second generation enters a family business, there’s a 15–20 year overlap period as two generations work together side by side. This overlap is both a tremendous learning opportunity and a pressure cooker for conflict. For the founder, the business is not just an enterprise—it’s identity, sweat, and pride. Years of […]
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A Wake-Up Call
A Wake-Up Call Yesterday, a classmate of mine in Bangalore — slim, a lifelong non-smoker, vegetarian — felt mild chest discomfort while out shopping with his wife. Just to be safe, he got it checked.His ECG? Normal.Stress test? Normal.Last year’s annual checkup? All clear. But one test led to another, and within 24 hours he […]
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Why Don’t Family Businesses Seek Professional Help?
Why Don’t Family Businesses Seek Professional Help? In my work with multi-generational business families, one question keeps surfacing: “If differences across generations, siblings, and cousins – which are expected and normal – are hurting the business and the family… why don’t families create a Family Charter with professional guidance?” Here’s the tough truth: Because many […]
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Scaling from ₹100 to ₹1000 crore is not just about market share or capital
Scaling from ₹100 to ₹1000 crore is not just about market share or capital Scaling from ₹100 to ₹1000 crore is not just about market share or capital. It’s about mindset, governance, emotional maturity, and culture.Do you have what it takes? That’s the big question. And one that every mid-sized family business should […]
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When Should a Family Business Consider an Amicable Split?
When Should a Family Business Consider an Amicable Split? In the early days of a family business, the founder takes all decisions. Decisions are fast and the family is aligned behind one leader, one vision, and one heartbeat. Over time, as the business grows and moves into the second and third generations, the ownership structure […]
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The Silent Struggle of Family Business Founders
The Silent Struggle of Family Business Founders Let’s call this out — building a family business is not just about strategy, market share, or quarterly numbers. It’s about sweat. Blood. Sleepless nights. Missed birthdays. A lifetime of trade-offs. Most founders have poured everything into their businesses. They’ve had no time for hobbies, no patience for […]
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Family Charter should be 4 pages, not 40
Family Charter should be 4 pages, not 40 🗣️ Do family members in a multi-generational family business use legal language when speaking to each other? Do they formally address each other and are overcourteous, respectful, and tiptoe around important but controversial subjects so as not to offend anyone? If they do, then it’s a warning […]
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Act before relationships in a Family Business cross “the point of no return”
Act before relationships in a Family Business cross “the point of no return” Last week, I had the privilege of engaging with business families at Park Plaza, Faridabad. This was an interactive session on “Building a Successful Family Business.” As always, the discussion quickly turned to a common—but—often—unspoken truth. Before we address Growth, profitability, and […]
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