Do you want to groom your adult son/daughter to
• Take over your business?
• Grow another vertical?
• Find his/her own path in life, career or business?
The challenges of a Next-Gen Entrepreneur are potential conflicts between:
• Parental expectations
• Personal aspirations
• Family responsibilities
Not every person is cut out to be an entrepreneur; nor does every next-gen entrepreneur feel inclined to take up the family business(es).
This could create mental trauma (cross communication, seemingly incompatible value systems), emotional turmoil (conflicts, anger, depression) and convoluted decision-making in the family (silently withdrawing or openly rebelling) and business(es) (sell, close it down or let it drift)!
PassionPreneur is a specialist in working through such complex issues in family-owned businesses. Coach Raymond DSouza has earned the confidence of both parents and youngsters in carefully separating issues from emotions and expectations from reality; thus allowing the youngsters to come into their own; get the businesses to develop their own leadership and ensure owners have peace of mind from leadership, management and operational issues.