Let's say your grandpa has built a company that has been doing well over the last decades. Grandpa is gone, but the second generation does a good job managing and expanding it.
Daunting Chinese proverb: 富 不过三代 “Wealth does not pass three generations” .
The third generation forgets the importance of hard work. If you are in early-twenties in the given situation with this in mind, would you work in another company in the same field to gain specific knowledge in order to apply this knowledge in the family business later? Or would you rather build a business to gain wider entrepreneurial knowledge instead? Are there specific skills that you want to pursue?
Daunting Chinese proverb: 富 不过三代 “Wealth does not pass three generations” .
The third generation forgets the importance of hard work. If you are in early-twenties in the given situation with this in mind, would you work in another company in the same field to gain specific knowledge in order to apply this knowledge in the family business later? Or would you rather build a business to gain wider entrepreneurial knowledge instead? Are there specific skills that you want to pursue?