Family Business
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My Biggest Client Just Fired Me — Because I Don’t Have a Successor
Ramesh Uncle built his business from a single-room godown to a company that today serves clients across three states. Two daughters — both married into good families, both capable, neither trained to run the business. His partner’s two sons — settled abroad, building careers of their own, no plans to return. The business itself? Growing.… Continue reading
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A Will Can Prevent the Fight You’ll Never See.
He thought his family would know what to do. When he passed away, the family had the assets—but not clarity. Who gets what?Who decides?What would he have wanted? A Will could have answered those questions while he was still here. A Will is not about death. It is about making your wishes clear while you… Continue reading
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The Most Ignored Part of Succession Planning
You’ve hired the best lawyer. Built a perfect plan. Chosen your successor. Everything is ready except you. The Pattern Founder: “My son is ready. I’m stepping back.” Reality (6 months later): The plan failed. Not because it was bad. Because the founder wasn’t ready. The Real Problem We plan everything in succession: ✅ Legal structures… Continue reading
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Action at Age Zero or Resignation at Age Crisis?
The NEET paper leak escalated so badly that the education minister had to resign. Let that sink in. A senior government official. In office for years. Credibility built over decades. Gone. Because of delayed action on a crisis. The Timeline of Failure: Paper leaked. Should have been addressed immediately. Government delayed response. Protests started. Protests… Continue reading
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Family Business: The Three Documents You’re Missing
Sharma Uncle had a ₹10 crore business. A proper will. Updated bank accounts with nominees. But no Family Constitution. No business succession plan. When he died: Three years in court over ₹2 crores in business assets. All because he had 1 out of 3 critical documents. The Three Documents Every Family Needs: Document 1: FAMILY… Continue reading
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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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Your Listed Company Needs Succession Planning Too (Maybe More Than Private Ones)
Mr. Rajesh Desai, a pharma founder. ₹1500 crore market cap. Listed company. His story: His stock is down 18% this year. Guess why? Market knows what he doesn’t: No succession plan = value erosion. The Listed Company Succession Myth: Myth: “We’re listed. Professional management. Succession isn’t an issue.” Reality: What Happens Without Succession Plan (Listed):… 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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