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It's None of Your Business - The Family Business PodcastAuthor: Ted Gerstein/Karen Russo
We work for family businesses. We grew up in family businesses. We understand family businesses. Who better to interview other family businesses? Language: en Genres: Business, Entrepreneurship, Management Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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The Idiot Son - Bonus Episode
Episode 7
Friday, 27 May, 2022
It's a tale as old as time and although it can be fairly given or unfairly given, the consensus is that using the term, the "idiot son", can be quite mean and created. This episode provides an in-depth look at the term, the "idiot son", with many perspectives shared over the past seasons. Ted & Karen are certain that an atmosphere can be created through dependency with no consequences. Many insightful points are made and broken down including: The status of the "idiot son" The role that older generations play in the development When the tag of "idiot son" is assumed, what happens psychologically What needs to happen to ensure an "idiot son" isn't created The impact on the business The type of pathway that needs to be forged Ted shares a simple solution for families to overcome this "dilemma" An important lesson shared throughout the episode is that family members and "idiot sons" need to continue to prove themselves and earn respect day in and day out which can be daunting and difficult to manage. At the end of the day, the culture of the family is extremely important where mistakes are okay to be made, lessons are learned and the family members are not given everything. Connect with Karen & Ted: Website: https://www.thefamilybusinesspodcast.com/
