> There are countless stories of people inheriting things and ruining them because they don't have the acumen of the original creator.
Some of my most "entertaining" work experiences have been a direct result of this. In the latest example, the son of the founder went so far as to create a motorcycle dealership on the property of his completely unrelated inherited business in the parking lot of their HQ location because he was more interested in motorcycles than the business he inherited. This is a relatively small family company ($250MM/year net) that also has multiple private jets for the C-Suite of friends of the inheritor to ride around in. One of the most moral crushing experiences is when everyone sees the direction a company is taking, but we all still go through the steps we all know will be futile regardless because the money all spends the same in the end.
Some of my most "entertaining" work experiences have been a direct result of this. In the latest example, the son of the founder went so far as to create a motorcycle dealership on the property of his completely unrelated inherited business in the parking lot of their HQ location because he was more interested in motorcycles than the business he inherited. This is a relatively small family company ($250MM/year net) that also has multiple private jets for the C-Suite of friends of the inheritor to ride around in. One of the most moral crushing experiences is when everyone sees the direction a company is taking, but we all still go through the steps we all know will be futile regardless because the money all spends the same in the end.