Teach Them How to be Business Owners

Listen to Annie Koh discuss dividing shares between family members who work in the business and those who do not.

So in Asia a lot of family members start to fight about share ownership. And they keep thinking, the more shares I have, the louder should be my voice, because I’ve got more stake in the business. So the danger is perhaps, don’t give shares to early, work on the family dynamics and make all of the children think about the family unit first, and you worry about the share ownership only much later, when they do come into the business, when they are building the business consciously, maybe they are given more shares because they are building the business and you want alignment the way you see in corporate structure. And the ones who are not working in the business, they may still have shares, but teach them how to be business owners even though they are not working in the business.