Did you know that 80% of the most successful businesses world wide are Family Owned or Family Run businesses?

Family businesses are the predominant form of enterprise around the world. Even the most conservative estimates put the proportion of all worldwide business enterprises that are owned or managed by families between 65 and 80 percent. It is true that many of these companies are small sole proprietorships, which will never grow or be passed down from generation to generation.

But it is also true that many of them are among the largest and most successful businesses in the world. Globally, in some countries, many of the largest publicly listed firms are family-owned.

For example,
Samsung, Reliance, Tata’s, Walmart, Nike, Foxconn, Oracle and Volkswagen.

While in India , the Nambiars (BPL), the Guptas (Lloyds Steel), the Jindals (Jindal Strips), the Oswals (OWM and Vardhman), the Singhs (Ranbaxy), the Shahras (Ruchi Soya), the Mehtas (Torrent), the Lohias (Indo Rama), the Dhoots (Videocon), and the Premjis (Wipro) are the families who have recently grown by leaps and bounds, following the footsteps of former stalwarts such as the Dalmias, the Modis, and the Walchands , who have been around for decades.

As rightly shared by Bernard Kliska, one of the reasons why Family managed Businesses enjoy such monumental success is because of the complimentary skills of its own Family members and the passion and commitment they bring to the business.

Grab your copy of  Family Run to Family Led: Growth Road-Map for Families in Business https://www.amazon.in/dp/9390661757/ref=cm_sw_r_apan_i_F4ACE6B4YSDFRY2Q7TAM

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