Second Generation. I worked for 12 years in my dads accounting firm and built a custom app for the firm while I was there. Dad couldn’t let go so eventually I k

Second Generation. I worked for 12 years in my dads accounting firm and built a custom app for the firm while I was there. Dad couldn’t let go so eventually I knew I had to move on. It was very painful to leave but I left on good terms in the end although it took a while it was worth it. I’d recommend the book ‘breakthrough companies’, the first concept in the book is the importance of ‘crowning the company’ which separates all successful businesses that outlived their founder/s. Especially relevant in family business. If your parent does not want to hand over the reigns, and you’ve stayed for loyalty, often it’s very healthy to leave (even just for a while) and reset expectations. Consider doing a family vision document, the Coopers Family in Australia which is a major brewery and something like 7-8 generation did this earlier and the values defined later helped stop a takeover when some extended family members were open to a major corporate buy-out. I love arrested development (netflix) couldn’t watch it until a while after I left.. too close! Nice movie ‘Kinky Boots’ - A drag queen comes to the rescue of a man who, after inheriting his father's shoe factory, needs to diversify his product if he wants to keep the business afloat. Lots of feels for inheriting Gen.