A tree has to grow in two directions. Have you ever thought about it? It has to grow from the root side first, and only then will it become capable of growing on the fruit side. The growth at both ends is almost identical. On the root side, the seed has to grow away from …
It has long been customary in family enterprises to provide pocket money to the next generation. Pocket money, which stems from a desire to instil financial responsibility and provide for personal expenses throughout childhood, frequently extends into adulthood and becomes a source of tension within family dynamics. While initially intended as a source of support, …
In family businesses, the founding generation often embodies the spirit of action. They are the trailblazers, the visionaries who roll up their sleeves and lead from the front. Their journey is marked by a relentless pursuit of making things happen, driving growth, and carving a path for their enterprise. However, as these businesses evolve and …