Grow and grow
As the children get bigger, and the twenty somethings turn
into thirty somethings, we wouldn’t be human if occasional thoughts didn’t turn
to our own mortality. But it doesn’t have to be like that with the business.
So many family businesses can take off and fly through
successive generations. One engineering company dad said to me recently, “Well
I am so lucky to have my son David and daughter in law Jane to carry the
business on.“ I replied, “Yes John, and they are so lucky to have such magnificent
parents that started this business 35 years ago.”
Another seventy plus parent who founded a nursery that now
employs one hundred people said, “I’m just the delivery driver here, you need
to talk to Jessica, if you can catch her!” And the mother of a long standing
retail business said, and she is eighty this year, “I just come in and open the
post.”
But all these people actually do so much more with their
presence, their experience and their wisdom. And as far as the business is
concerned senior players are continuing to add more and more value, providing
that they themselves want to carry on learning and developing, providing that
they know how and when to hand over the reins.
I am facilitating the appraisals of some seventy year old directors
today. So never mind all the siblings, let’s hear it for the elder statespeople
that are still in there, doing the business.
posted by Tim @ 10:49 PM
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