Your Family Can and Should Be Good For Your Business

Family matters. Whether your business is family-run or not, family stability has an outsized influence on commercial prosperity. Success at home and success in the office very often go hand-in-hand. Check out this blogpost at https://www.mckinsey.com/business-functions/organization/our-insights/the-five-attributes-of-enduring-family-businesses for an enjoyable read on the subject of successful family businesses, big and small.

“In our business, the children must earn their way. There were and will be no promises without performance and leadership. That may lead to some skinned knees, but it is certainly the best way to learn life lessons,” says Ric Edelman of Edelman Financial (quoted at https://www.brainyquote.com/topics/family_business).

“You can’t do it all, but you can have it all. Your family will increase your likelihood of success and stabilize you,” says Barry Beck, co-founder of Bluemercury along with his wife and business partner Marla (quoted at https://wwd.com/beauty-industry-news/beauty-features/bluemercurys-barry-beck-on-being-a-disruptor-1203099169/).

“A man should never neglect his family for business,” said Walt Disney - you already know who he is (quoted at https://www.inc.com/dave-kerpen/19-quotes-that-highlight-importance-of-family.html).

Enjoying the regular comfort of a loving, supportive family is essential when the rest of your day is occupied dealing with the cutthroat world of competitive business. Moreover, a strong family foundation is fundamental to keeping yourself mentally sharp and focused on making sound decisions. A happy home life makes it easier to see the path to the right choice.

Don’t ignore the role of family in successful business - even if it’s not a family-run business. Your family can and should be good for your business.