Family business: A distinct, vital form of business representing 80 percent of all firms in the
US, 85 percent in the European Union, 90 percent in the Middle East, and 99 percent in Japan.
As the percentages indicate, family business is everywhere. In INTERRUPTED ENTREPRENEURSHIP,
multigenerational family business member Raméz A. Baassiri seeks answers to an array of hurdles that every family business has faced and could face, not only from the perspective of his own family business but also from the viewpoint of dozens of family businesses that have confronted interruptions and not only weathered the storms, but thrived.
While this is not a one-solution-fits-all book for business interruptions, it is intended as a glimpse into history from which you can derive lessons and gain inspiration for your own exponential possibilities for the future by offering the following:
• a wealth of historical knowledge
• practical support
• valuable insight
• viewpoints that span age, gender, and geography
• observations not only of the past and present, but of the evolving landscape of the future
Interruptions are uncontrollable, but you can choose how to confront and deal with those interruptions
and do so in a beneficial way to your business and your personal well-being.
“Raméz A. Baassiri’s fine book INTERRUPTED ENTREPRENEURSHIP is full of EI (emotional intelligence) and wisdom on the management of family firms. Structured around his insightful observations on how to appreciate and address the interruptions in our life paths, Baassiri uses his family’s story, and those of many famous families in business, to guide family companies to lasting success.”
PROFESSOR JOHN DAVIS, chair, families in business program, Harvard Business School
“I found INTERRUPTED ENTREPRENEURSHIP to be a useful roadmap for entrepreneurs as they face struggles in their family businesses. If you have a family business, or are planning to start one, this book provides a helpful and comforting perspective from others who have walked these roads and successfully made it past their own roadblocks.”
LAURA HUANG, assistant professor of management and entrepreneurship at the Wharton School
|Publisher:||Advantage Media Group|
|Product dimensions:||5.90(w) x 9.10(h) x 0.70(d)|
About the Author
his family’s journey to create an agile, adaptable business is just as important as the day-to-day operations undertaken by the dynamic, multinational team members that constitute the company. Developing long-standing relationships with a wide variety of regional and international suppliers spanning various industries and continents was a journey that began with the bold steps of Raméz’s migrating ancestors from
Lebanon to the far-off shores of South America, Africa, and the Gulf.
The family business owes its current standing to the bold steps, leadership, and determination of Mr. Abdul Hamid
Baassiri (Raméz’s late father), a global citizen.
The entrepreneurial spirit started with A.H. Baassiri’s desire to seek new frontiers and his ability to read the landscape of opportunity, be it in the agricultural, industrial, or technological revolutions, all without compromising strong family values.
Table of Contents
Pardon the Interruption xv
Chapter 1 Exponential Growth Opportunities in New Horizons 1
Chapter 2 Celebrating Your Assets 25
Chapter 3 Strength in Structure vs. Strength in Fluid Form 59
Chapter 4 Funding Family and Spirit 87
Chapter 5 The Power of Giving and the Strength of Community 105
Chapter 6 Strength in Continuous Education 119
Chapter 7 Gender Empowerment 135
Chapter 8 Forward Thinking 153
Positive Thinking 167