YOUTHS IN FAMILY BUSINESS
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"Now the priest of Midian had seven daughters: and they came and drew water, and filled the troughs to water their father's flock" - Exodus 2:16
Lee Kun Hee helped grow his father's company, Samsung Group into a global conglomerate. He is chairman of the flagship business, Samsung Electronics, while his son (and expected successor) jay Y. Lee is vice chairman. Daughters, Boo-Jin and Seo-Hyun, also hold executive roles within the firm. It is estimated that around one-third of all companies is US are family controlled, and account for 60% of jobs!
However, one of the biggest challenges to family business is succession. Only about 20 per cent of family-owned businesses in the UK make it to the third generation. One of the reasons for this failure of transition is less inclination of younger generation to join the family business expects suggest that one way to overcome this apathy in the youths is to get them involved in the family business early in their lives. By doing this, they develop the skills and competencies needed to take the family business to the next level. Youths, get involved in your parents' business! Get involved in God’s business!
Challenge:♂ Success without succession is failure.
Prayer: O God, help me to be and give my best.
Quote: 🗣Get involved in your parents' business.
Further Reading:📖 I Samuel 17:12-15
1Sam 17:15 But David went and returned from Saul to feed his father's sheep at Bethlehem.