The Family Business Parallel Universe -

In the "Normal" Universe:

To prevent these two universes from colliding destructively, successful family firms often implement "portals" or boundaries: Family Constitutions: Formalizing the rules of engagement for family members. External Boards: the family business parallel universe

When you try to fire a cousin (Business Law) but still have to pass them the mashed potatoes at Thanksgiving (Family Law). 2. The "Kitchen Table" Boardroom In the "Normal" Universe: To prevent these two

Leo wanted to stay. God, he wanted to stay. But the crack in the elevator only opened at 11:17 PM on Tuesdays and Thursdays, and only if you pressed 3 and 7 at the same time and hummed the first four notes of “Moon River.” He’d tested it. Two hundred and eleven times. The "Kitchen Table" Boardroom Leo wanted to stay

You might think you are born into it. You are wrong. You are born into the family , but you do not enter the parallel universe until a specific trigger event occurs. Usually, it is one of three things: