Entrepreneurship in the Family Business.pptx

Made as part of a certificate course titled "Entrepreneurship in the Family Business". It describes the important areas.

1. Entrepreneurship in the Family Business 10/10/2025 Presenter: Khawar Ali

2. What happens when your biggest strength is also your biggest challenge? Introduces the core dilemma

3. INNOVATION

4. RISK-TAKING Beyond Financial Capital: It's risking family harmony, reputation, and emotional capital. In Practice: Investing family funds in an unproven idea, appointing a young family member to a key role, or pivoting the business model in a crisis. The Family Twist: The stakes are personal. Failure doesn't just impact the balance sheet; it can impact Sunday dinner.

5. OPPORTUNITY PURSUIT Beyond Just Profit: It's seeing opportunities to strengthen the business and the family legacy simultaneously. In Practice: Identifying a market gap that aligns with family values, leveraging the family's unique story as a brand advantage, or creating a new role for the next generation. The Family Twist: The "opportunity" isn't just a financial return; it's multi-generational sustainability.

6. Family System Business System Emotion, Tradition, Loyalty Performance, Merit, Strategy The Two Systems

7. The Challenge: When Family Clouds Business Conflict avoidance, Entitlement vs. merit, Difficulty enforcing accountability.

8. The Advantage: The Unbeatable Edge

9. The 3-Circle Model Overlap creates complexity

10. Thank You Together, Family members will make it happen