Family Business Succession Planning
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The Founder Who Planned Ahead (And Actually Enjoys Retirement)
Rajesh Kapoor, 68, sits on his balcony in Goa with a cup of chai. His phone buzzes. Message from his son: “Dad, just closed a ₹5 crore deal. Remember how you taught me to negotiate? Used it perfectly.” Rajesh smiles. Doesn’t feel obligated to reply immediately. Doesn’t worry if the deal structure is right. He… Continue reading
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A Succession Lesson From Recent Political Transitions
Whether it is a political organisation or a family business, one principle remains the same: People need to know what comes next. When a founder or a powerful leader is the entire identity of an organisation, everyone naturally connects with that person. The workers.The supporters.The customers.The stakeholders. But the moment there is uncertainty about the… Continue reading
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When Financial Illiteracy Destroys Your Family Business
Mehta Uncle built a ₹10 crore business over 30 years. Strong operations. Loyal customers. Growing revenue. His son takes over. Within 3 years, the business is ₹6 crore. Why? Because the son never learned financial literacy. The Pattern I See Constantly: Business Owner (Father): Knows production, clients, operations Never taught son: P&L reading, cash flow… Continue reading
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Growth Is the Best Disguise for a Sick Zone
I was reading a book review in Mint last weekend. Titled Snowed Under, the book is about cancer. A memoir. The author has used two phrases that stopped me mid-sip. 1 – Sick zone. 2- Wellness zone. The author used them to describe the two states everyone lives between — the crisis of active illness… Continue reading
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