Why is everyone against family runned businesses?? People you can trust and if they share the same vision and passion to help people then this can be glorious. Believe in your blood! haha
I believe we are saying Hiring Family. That is different than having your brother as you partner.
The best advise I got was from the #1 WAMU agent for selling TSA annuities in the 80's. His son and I joined MetLife together and his Dad made millions in Annuity sales each year. I asked his Dad why didn't you bring him into the family business. His reply was simple. "If he lasts in this business for 5 Years, then he will have earned the opportunity"
He did not want to go through the pain of training his son and having to get past the feeling of entitlement. This is why most 2nd Generation Business owners fail in the family business. They don't have the work ethic for survival and must learn it.