Image: Aditi Tailang
A family business in cinema is not necessarily creative. It is generally about prolonging your family fortune.
—Naseeruddin ShahNever put business before family.
—Walt DisneyA lot of family members worked in the joint commodities family business. It was a classic case of capitalism at work and socialism at home.
—Uday KotakThere is no glass ceiling when you are owner/operator… you can set your own culture around how you want women in your business to be treated.
—Corrina WrightYou have to be able to compartmentalise and be able to swing between being a family business and a business family depending on the situation.
—Lea BoyceComing together is a beginning; keeping together is progress; working together is success.
—Henry FordI believe that the tradition that follows a family through eight generations is extremely powerful, quite tangible and very relevant. The secret is to not let your tradition unreasonably burden you.
—John Lyman IiiYou have family-owned businesses that have been around for over 500 years. You cannot name a corporation that survives in fact for even a few decades.
—Nassim Nicholas TalebI could have been born into any family. I was fortunate that I was born to an artist as extraordinary as Picasso, and Picasso turned out to be the family business.
—Claude PicassoWhen I was 18, and when I entered my father’s business, I realised that it wasn’t as easy as I thought. I had to deal with people of my father’s generation. Building trust was key to doing business.
—Binod ChaudhuryPeople who build family businesses are not classically trained. They have to deal with an enormous amount of politics. You think corporate politics are tough? Go work for your dad or mom.
—Gary Vaynerchuk
(This story appears in the 25 September, 2020 issue of Forbes India. To visit our Archives, click here.)