Interrupted Entrepreneurship: Embracing Change In The Family Business

Interrupted Entrepreneurship: Embracing Change In The Family Business

by Ramez A. Baassiri


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BUSINESS INTERRUPTED: Successfully Navigating the Interruptions in the Family Business Cycle

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

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Product Details

ISBN-13: 9781946633361
Publisher: Advantage Media Group
Publication date: 01/31/2018
Pages: 192
Product dimensions: 5.90(w) x 9.10(h) x 0.70(d)

About the Author

For Raméz A. Baassiri, family man, entrepreneur, and writer,

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

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