GET FREE ACCESS to advice from your peers who have lived it, experts who know it and short activities that will point you in the right direction for success.

Should you join the Family Business?

What if family members worked for two-year periods in the family business, at various points in their lives?

A commonly asked question is: “should I join the family business?” People typically think that the answer must be ‘yes’ or ‘no’. But suppose the answer were to be: ‘for a bit…when it suits…when there’s a particular job for me…as part of a career that has several phases’?

Arturo Zapata, from Mexico, was telling BFF at last Forum how he agreed to work at his father’s company for a two-year period. His aim was clear and limited in scope: he was going to help his dad set up a professional management team, and when it was done he would leave.

He managed to get a two-year leave of absence from his current role at a multinational in order to help sort out a situation that was causing his father a lot of stress. Arturo’s brother also joined the business for the same two-year period, with the same time specific goal. Take 90 seconds to listen to Arturo’s story.

Here at the BFF office we like widening up discussions beyond a simple ‘yes’ or ‘no’. So, if you know people who are thinking through the ‘should I join’ question, please feel free to pass on this snippet from Arturo. Sometimes the answer is not black and white, and that’s ok.

________________________________________________________________________

How can a next generation increase their chances of taking a leadership role in the family business? Take a look at our previous blog :

One Comment join the discussion

  1. It is always better as it gives you better negotiating power as well as options to work outside the family business.

Leave a Reply

Your email address will not be published. Required fields are marked *

Categories

In the field (2)
Interview (5)
Video (12)
News (15)
Uncategorized (18)
Quote (31)
Infographic (37)
Article (65)