"Situation"
"You have flourishing family business as of now taken care of by your father. Due to his poor health, he is asking you to leave your job, which you like very much, and join the family business. Income through family business will be far more than what you are earning presently in job. What will you do?"
This entire discussion can be done in two broad directions. What are the suitable circumstances in which you should leave your job and join a family business, and under what circumstances should you continue your job? We should also discuss situations and possibilities for continuing the job as well as handling the family business simultaneously.
• Need to discuss with father about the alternatives, whether someone from the family business or from family help him during the time he is having poor
health. Also, you need to find out options to get some days off from the job to take care of father and family business. Maybe you get off for some months
from job and during this time you are in position to put things in order, and your father is in position to properly monitor and oversee the business. Also,
possibility of someone from the family getting trained for this work.
• What are the growth options of the family business, maybe you start liking the family business and get interested in it and start growing it with your
efforts?
• You need to take different route if you are not at all interested in the family business and want to continue the job. You need to train someone for
handling business, see how much effort your father can put in the business and see how you can manage both the things.
• If you have option to join the family business then start exploring the growth options in the business itself.
• No assumption should be made like, your job can't give you salary as much as you may get in family business; your family business you will not like and
your father will be in poor health always. May be your father gets well soon, maybe you start liking the family business and find more growth in that, may
be your salary start giving you more salary than family business.
• One of the crucial factors in decision-making will be whether you are married or not, if you are married, you need to consider opinion of your spouse
as well.
What traits are being checked?
• Decision-making skills
• Balancing skills
• Rational approach
• Practical approach
• Logical thinking
• Interest and temperament for jobs
• Emotional stability
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