Q&A

Why does the father not want his son to run the business?

Why does the father not want his son to run the business?

The father bears the feeling that the son never will be man enough to run the business, but he tries to hide that feeling from his son.

How does father treat son in family business?

Though he has told John that he wants him to be a partner, he treats John more like a flunky than an executive, let alone a successor. He pays the elder son a small salary, always with the excuse that he should not expect more because someday he will inherit the business.

Why does the father not want his son to win?

Unconsciously the father does not want his son to win, take away his combination baby and mistress, and displace him from his summit position.

What should I do if my son won’t look for a job?

Tell him there are options: he can get a job, or he can look around at colleges, or he can look at paid apprenticeships that train you and pay you at the same time.

The father bears the feeling that the son never will be man enough to run the business, but he tries to hide that feeling from his son.

Is there such thing as refuse to work syndrome?

I have had many clients who work themselves to exhaustion, often to physical sickness, even a heart attack, to support his/her family, and begs the spouse to earn more than a pittance to contribute to the family income. Yet that spouse, who claims to love the person, refuses. I term such people as having Refuse-to-Work Syndrome.

Can a 19 year old refuse to look for a job?

My 19-year-old son refuses to look for a job and he doesn’t want to go to college. Should I continue supporting him or make him leave the house? – Quora

Though he has told John that he wants him to be a partner, he treats John more like a flunky than an executive, let alone a successor. He pays the elder son a small salary, always with the excuse that he should not expect more because someday he will inherit the business.

Why do some entrepreneurs have conflicts with their fathers?

(1) The entrepreneur characteristically has unresolved conflicts with his father, research evidence indicates. He is therefore uncomfortable when being supervised, and starts his own business both to outdo his father and to escape the authority and rivalry of more powerful figures.

How are fathers and Sons torn by conflicts?

Characteristically, fathers and sons, particularly the latter, are terribly torn by these conflicts; the father looks on the son as ungrateful and unappreciative, and the son feels both hostile to his father and guilty for his hostility.

Can a son get a share in a father’s property?

As a coparcener, an individual also has the legal right to acquire his or her share in an ancestral property. But in certain situations, as discussed below, a son may not receive his share in his father’s property.

When is a child employed by a parent not subject to taxes?

Child employed by parents. Payments for the services of a child under age 18 who works for his or her parent in a trade or business are not subject to social security and Medicare taxes if the trade or business is a sole proprietorship or a partnership in which each partner is a parent of the child.

Can a father and son run a business together?

The father-son duo speaks candidly about the challenges of running a business together and offer advice for other entrepreneurial families. Family dynamics mean heightened confrontation, but also greater loyalty. “There are certain liberties taken because he’s my son,” says Rick.

Who is the father of a reclaimed metals business?

Matthew Anderson, a man who founded a reclaimed-metals business, has two sons. John, the elder, is his logical successor, but Anderson has given him little freedom to act independently, pointing out that, despite limited education, he (the father) has built the business and intuitively knows more about how to make it successful.

Child employed by parents. Payments for the services of a child under age 18 who works for his or her parent in a trade or business are not subject to social security and Medicare taxes if the trade or business is a sole proprietorship or a partnership in which each partner is a parent of the child.

What does it mean to be a father to your son?

“Being a father means a lot of things, but most importantly, it means to be a good role model for your son.” “The way a father treats his son’s mother shows how much he loves and respects his family.” “It is a wise father that knows his own child.”