Building a family business means planning for the future, and that includes creating a clear succession plan for the next generation. In this short, Patrick Bet-David walks through the tough but necessary conversation about what it takes to lead a family business. If his son or daughter wants to one day run the company, here’s what he expects: an MBA, years of experience working elsewhere, and the ability to earn respect from the leaders already in place. This isn’t just about inheriting a title—it’s about proving they can handle the responsibility and gain the respect of everyone, not just me.
https://www.youtube.com/watch?v=ahrFBrA93IQ
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