Family Business Approach

Yesterday, I encountered a lady in the MRT who was forcing me to give her space. Since there wasn’t any space anymore inside the train, I fought for my place in the packed car. When we arrived at Cubao station, she violently pushed me just as passengers were leaving the train. I fell on the guys who were seated before I hit the floor. I was in shock, but luckily, I didn’t sustain any injuries and I didn’t lose anything.  

I made it AIM in Makati in one piece!  

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I was able to attend the invitation-only Developing and Growing the Business Family Segment Forum. 

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It was amusing to see my middle name on my nameplate instead of my surname. I guess the intern mistyped my name! 

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My key takeaway for this forum is that risk management is an important part of assessing the family business. By capitalizing on areas with potential for earnings and managing risks, businesses built by families can survive financial and personal obstacles. There is a science behind developing family businesses, and it’s more than just ensuring that its members are having harmonious relationships. Because as it was discussed in the forum, harmony does not equate to unity.