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Player Coach | 706 | No Team Selected |
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Oct 2013 | Nov 2011 | LINK |
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Quote ="ROBINSON"Oh that's ridiculous. Same goes for Prince Edward and it didn't do him any good with his Ardent Productions business did it?
Martha Lane Fox is ">another.'"
I didn't say that being born into a wealthy family guaranteed you success - clearly James Dyson & Richard Branson have achieved something special and in both cases have overcome many failures too. I know a couple of self-made multi-millionaires whose kids have dropped out of university with no real goals other than to enjoy their trust fund, so totally agree that wealth can have the opposite effect.
But I would still ague that their respective schools probably didn't need to run something like Young Enterprise. Couple of my wife's relatives are currently at Eton and have the belief instilled into them that they will be running things soon - they already know socially people who are company CEOs, investment bankers, MPs etc (& the Lane-Foxes as it happens). They don't need to spend time running pretend businesses.
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Quote ="ROBINSON"Oh that's ridiculous. Same goes for Prince Edward and it didn't do him any good with his Ardent Productions business did it?
Martha Lane Fox is ">another.'"
I didn't say that being born into a wealthy family guaranteed you success - clearly James Dyson & Richard Branson have achieved something special and in both cases have overcome many failures too. I know a couple of self-made multi-millionaires whose kids have dropped out of university with no real goals other than to enjoy their trust fund, so totally agree that wealth can have the opposite effect.
But I would still ague that their respective schools probably didn't need to run something like Young Enterprise. Couple of my wife's relatives are currently at Eton and have the belief instilled into them that they will be running things soon - they already know socially people who are company CEOs, investment bankers, MPs etc (& the Lane-Foxes as it happens). They don't need to spend time running pretend businesses.
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Rank | Posts | Team |
International Chairman | 32466 | No Team Selected |
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Feb 2002 | 23 years | |
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Aug 2018 | Aug 2018 | LINK |
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Quote ="ROBINSON"
I've seen many successful family businesses go under soon after a less able (or hard working) family member takes it over.
'"
 icon_lol.gif" alt="icon_lol.gif" title="Laughing" />  icon_lol.gif" alt="icon_lol.gif" title="Laughing" />  icon_lol.gif" alt="icon_lol.gif" title="Laughing" /> Hello!
Me over here in the corner
Third generation to run the business
Yep, I lost it too  icon_lol.gif" alt="icon_lol.gif" title="Laughing" />  icon_lol.gif" alt="icon_lol.gif" title="Laughing" />  icon_lol.gif" alt="icon_lol.gif" title="Laughing" />
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Quote ="ROBINSON"
I've seen many successful family businesses go under soon after a less able (or hard working) family member takes it over.
'"
 icon_lol.gif" alt="icon_lol.gif" title="Laughing" />  icon_lol.gif" alt="icon_lol.gif" title="Laughing" />  icon_lol.gif" alt="icon_lol.gif" title="Laughing" /> Hello!
Me over here in the corner
Third generation to run the business
Yep, I lost it too  icon_lol.gif" alt="icon_lol.gif" title="Laughing" />  icon_lol.gif" alt="icon_lol.gif" title="Laughing" />  icon_lol.gif" alt="icon_lol.gif" title="Laughing" />
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Club Coach | 14135 | No Team Selected |
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Apr 2019 | Apr 2019 | LINK |
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| I did some work with Young Enterprise in a few schools in Swindon when i was with Intel, was pretty good fun - we set up a network with laptops etc and the kids had to work together using email and stuff to simulate a real world business environment.
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International Chairman | 47951 | No Team Selected |
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May 2002 | 23 years | |
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| Quote ="ROBINSON"I've seen many successful family businesses go under soon after a less able (or hard working) family member takes it over...'"
My uncles took over a firm that my grandfather had been running until he retired – a totally messed it up. That despite private educations and getting further money from their father to try to help out when they made a mess. One was an accountant – I never have worked out what the other did.
My mother has always rather resented that, since she she never had such monies herself and, in his will, they still all got the same.
Families, eh?
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Rank | Posts | Team |
Club Coach | 14135 | No Team Selected |
Joined | Service | Reputation |
Oct 2004 | 20 years | |
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Apr 2019 | Apr 2019 | LINK |
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Quote ="Mintball"My uncles took over a firm that my grandfather had been running until he retired – a totally messed it up. That despite private educations and getting further money from their father to try to help out when they made a mess. One was an accountant – I never have worked out what the other did.
My mother has always rather resented that, since she she never had such monies herself and, in his will, they still all got the same.
Families, eh?'"
It's no wonder people nowadays build businesses up and sell them on, rather than pass them down, really, which it could be said is contributing to the dominance of corporate firms rather than small independents.
But that's for a different thread  icon_lol.gif" alt="icon_lol.gif" title="Laughing" />
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Quote ="Mintball"My uncles took over a firm that my grandfather had been running until he retired – a totally messed it up. That despite private educations and getting further money from their father to try to help out when they made a mess. One was an accountant – I never have worked out what the other did.
My mother has always rather resented that, since she she never had such monies herself and, in his will, they still all got the same.
Families, eh?'"
It's no wonder people nowadays build businesses up and sell them on, rather than pass them down, really, which it could be said is contributing to the dominance of corporate firms rather than small independents.
But that's for a different thread  icon_lol.gif" alt="icon_lol.gif" title="Laughing" />
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