Thanks for the comments! Bonus stories for you wonderful HN'ers: My dad started out as an auto mechanic and painter. He decided to setup his own shop with his first cousin and it was a disaster. They butted heads constantly. My dad sold his shares to his partner and moved on to other things. They tried it, it didn't work out, and so they moved on. Throughout my childhood our family was very close with my dad's first…
I Hired My Mom
51–54 of 54 posts
Re: I Hired My Mom
#52I hired your mother too, Trebek.
Re: I Hired My Mom
#53Earlier quoted context omitted.
The difference is, in these cases the business hierarchy usually follows the family hierarchy. In other words, parents hire kids. This is an established paradigm. Sometimes siblings hire each other as well, and that can be OK more often than not. But, that's not to say kids should hire parents. In that case, the business dynamic and family dynamic are very different. From a historical/statistical perspective this is…
Maybe at first. But after the children take over, it will be the other way around.
Re: I Hired My Mom
#54Earlier quoted context omitted.
Millions of family businesses think otherwise.
The difference is, in these cases the business hierarchy usually follows the family hierarchy. In other words, parents hire kids. This is an established paradigm. Sometimes siblings hire each other as well, and that can be OK more often than not. But, that's not to say kids should hire parents. In that case, the business dynamic and family dynamic are very different. From a historical/statistical perspective this is…