Family companies tend to be intuitive and instinctive. The business and the culture is in their blood, which means they don't have to spend a lot of time with analysis, poring through reports or making decisions. |
If you have a problem in your job or business, you can quit and leave. But you can't quit your family. |
One of the big challenges of family companies is attracting outside talent. |
The obvious advantage is the trust, loyalty and dependability that you have from and for your customers, employees, suppliers and stockholders, |
The therapist is no joke. A lot of what appear to be legal or financial problems are really emotional problems. |
There are still places where people think the function of the media is to provide information. |
There is just a totally different perception of the job and a totally different sense of responsibility for the owner. |