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ESOP... The Possible Solution for Entitlement in Family Business with Daniel Goldstein
Daniel's advice for the senior generation family members, "Allow the NxtGen to fail." His advice for the NxtGen, "Be serious about your life and focus on making a difference, this will give you a deep sense of contribution." Daniel and Francesco have a conversation about how to reduce the danger of entitlement and the burden of being in a family business by establishing an Employee Share Ownership Plan (ESOP). What are the biggest dangers in a family business? The human beings?
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By Francesco Lombardo
5
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Daniel's advice for the senior generation family members, "Allow the NxtGen to fail." His advice for the NxtGen, "Be serious about your life and focus on making a difference, this will give you a deep sense of contribution." Daniel and Francesco have a conversation about how to reduce the danger of entitlement and the burden of being in a family business by establishing an Employee Share Ownership Plan (ESOP). What are the biggest dangers in a family business? The human beings?