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Family Business Part II: Russ and Daughters

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Uploaded by on Mar 13, 2008

Your grandchild wants in. Now what? 3 pointers on preparing the next generation for the task at hand.

It's inevitable. Handing down a family business involves making tough decisions — from selecting who will carry out daily operations or mediate, and how, to the way in which family members sign on as you gauge their motives for doing so.

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  • "The only way to get them in is to pretend that you don't want them in." Well, that sums up people's many New York experience.

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