A video from entrepreneur Gary Vaynerchuk on his experience with working in a family business. Gary has successfully set up two businesses with his brother and father that are currently valued at over $100 million. He currently runs a web series in which he answers questions posed by his loyal followers on Twitter, we definitely recommend checking it out, there’s a lot of great tips and tricks that will help grow your business.
Q: How did you deal with working in a family business?
A: Very carefully. I’m on my second family business now, and I look forward to working on one with my kids now. The reason I’ve had two successful family businesses has a lot to do with my mom and my dad, and the fact that we allowed our love to trump our pride, and our competitiveness.