Before going to work in the family business, work for someone else first

We have all heard how important it is to gain some outside experience working in another company before joining the family business.

But how do we do actually accomplish this?

The key is to take advantage of this opportunity before you get too involved in your own family business.  Some people prefer to work in the family business a few years and then go work outside, while others do it right from the start. Waiting too long will risk that you will get so involved in your family business that you won’t be able to break away from your responsibility or you will feel a diminished return from the experience. More…

Corporate Culture

10 Ways to Make Your Family Business “Cool“ (Again?)

creating an awesome business culture just might help attract the younger gen to give it a ride

Part of keeping a family business innovative is to encourage change and try new things. One way to create this culture change faster is to encourage the younger generation to join the family business. The younger generation brings fresh thinking, new strategies and modern leadership styles. With an increasing number of next generation family members choosing to work outside of the family business, there is a growing need to make the business more exciting to join through new thinking and new opportunities. More…