Law four: The law of family
Carl Bates writes in his book The Laws of Extreme Business Success about the 12 laws of business success. The next law looks at the involvement of family member in the business as staff or as advisory consultants. Mmmm, enough said. The law states:
Extreme business success recognises that family support and encouragement, and often financial involvement, is critical to achieving success. Family members often influence your business decisions, even if they don’t always have to deal directly with the consequences of those decisions. Extreme business success therefore requires that you discipline your decision making when it comes to family, especially if you’re involved in a family owned or controlled business.
This book and others from Carl Bates are available here
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