Why Marcus Lemonis' own grandpa fired him from the family business

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Why working for your family's business is unhealthy, according to Marcus Lemonis: via CNBCMakeI

 

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MakeIt True. Family business is better because of the sense of ownership it allows, but the blurring of lines between official and personal is a real problem, that often has bnegative impact on both the official and personal.

MakeIt I will not work for my sister, because, she will not pay me for my worth!

MakeIt The Koch Brothers would beg to differ with you.

MakeIt He's a top geezer.

MakeIt

MakeIt Don't let 'em know what you're thinkin' fredo! LOL

MakeIt

MakeIt Working for the family business is the worst, unless you are part of those rare families that get along well during thanksgiving day.

MakeIt Most businesses in India are family run businesses. Because they don't trust strangers with their money.

MakeIt What an idiot, most successful big world companies started as family business. He should not project his mental problems to his ‘profession’. That would be my advice for him.

MakeIt 😛

MakeIt Absolutely agree Marcus.

MakeIt why they all look tired? meow?

MakeIt How on earth will my family business grow if I don't work on it?

MakeIt Nonesense

MakeIt Too late, waaaaaaay too late

MakeIt marcuslemonis wasn’t it you who had said that 50% of second generation family businesses go under and 70% of third generation?

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