1. How Family Business Owners Should Bring the Next Generation into the Company

    How Family Business Owners Should Bring the Next Generation into the Company

    “Go find your passion,’’ Henry directed his children when they reached their late teens and early twenties. “Find your interests outside our family business and pursue them.’’ As inspiring as those words may have been, Henry, the patriarch of a successful automotive parts business, wasn’t simply freeing his children to follow their dreams. He was requiring it.

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