The love versus competence debate3 min read 17 Mar 2015, 12:21 AM IST
Experiment and struggle, make mistakes, take chances, and you may land up in the magic quadrant of high love and high competence
I’m 55. I had pinned my hopes on my only son taking over our second-generation family mineral trading business. But my son says he’s simply not interested in the family business and wants to start his own chain of restaurants. How do I deal with this transition? Friends suggest that I exit the business. But that’s a very difficult, emotional call for me. Can you please help?