Struggles of Working in a Family Business

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Working in a family business is like an irony. People would think that because it's our own family company, we have a lot of rooms to grow and move around and change things as we deem important. But truthfully, it's harder than it looks. Here are some of the struggles I've encountered:

1. Passing the baton

My father is a self-made man. His family came from nothing and being able to build his own entire company until having what we have now, is something he values so much. It’s his baby. Maybe it's even where he puts his identity in. So that being said, I felt there were a lot of difficulties for him on giving up control and authority. Company structure became messy and I wasn’t the only one who was having trouble positioning myself in the company. The employees were also confused on whom they had to report to, because the business was slowly being passed onto his kids.

Read the full article at ResourceGlobal.org