Family Biz Confidential

Mar 9, 2017 | Uncategorized

NxtGen Nexus gives you the story behind the story about life in the Family Business.

Q: What was your first job in the Family Business?

A: We used a lot of hole punches when we use to put together training manuals. I was in charge of sweeping up the punch holes.

Q: How old were you when first started working?

A: Four years old. My family would go in on Saturdays to catch up on paperwork. I would tag along.

Q: How much were paid?

A: Are you kidding? I was lucky to get lunch.

Q: Are there any family business rituals or practices?

A: Every year we’d take the entire company to home opener for The Ohio State University football game. We still do it today.

Q: Was there a major turning point that allowed the business to continue to thrive?

A: We were originally in the equipment reseller business until the mid-80s when my Uncle Fred decided to refocus our efforts into a business technology solutions company. If we hadn’t made the transition, we’d have gone out of business.

Q: Any advice for Millennials thinking about entering the family business?

A: Don’t go directly into the business. If you work other places, you’ll get additional skills and appreciation for working in the business.

About the Author

Allen Esrock is the Founder of NxtGen Nexus. Prior to that he started Jitter Fingers, the first safe, social networking website for tween girls and their bffs. They were Jitter Finger clubs in 12+ countries and 250+ cities in the US.

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