…Does punctuality really matter?

So, You’re in the Family Business… by Paul  Karofsky Dad: Look, Richard, we’ve had this conversation before. You can’t keep coming in late! Richard: I don’t understand why you’re so angry. You know I’m not a “morning person” and I was up with the baby again. It’s hard for me to get up so early […]

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…Am I my uncle’s keeper?

So, You’re in the Family Business… by Paul Karofsky Jeffrey: Okay, Dad, so he’s your brother. But does that mean we have to put up with inferior work and an erratic schedule that we would never tolerate from anyone else in the business? Henry: I know you’re responsible for our Quality Program, but how can […]

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…When generational perspectives differ

So, You’re in the Family Business…?by Paul  Karofsky Ellen (daughter):I’m convinced the economy is starting to rebound, Dad. All the economic indicators seem to be pointing in the right direction. Charlie (son):I agree. Housing starts and sales are up and mortgage rates are even rising a bit. If we don’t open a new location now, […]

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…When equal may not be fair

So, You’re in the Family Business… by Paul Karofsky Mom (upon leaving their attorney’s office): This estate planning is driving me crazy! I know we’re trying to reduce taxes but it’s important to me that we treat all the children fairly. How else can we do that without giving each one an equal interest in […]

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…When equal may not be fair

So, You’re in the Family Business… by Paul Karofsky Mom (upon leaving their attorney’s office): This estate planning is driving me crazy! I know we’re trying to reduce taxes but it’s important to me that we treat all the children fairly. How else can we do that without giving each one an equal interest in […]

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…When a raise is not enough

So, You’re in the Family Business…by Paul Karofsky Andrew (son): Dad, I’ve wanted to talk with you for a while about this, but, uh, it’s not that easy. I’ve been working really hard, putting in long hours, and have been here almost a year, and a lot of others in the company are earning more […]

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