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Table of Contents for "Keep the Family Baggage Out of the Family Business:  Avoiding the Seven Deadly Sins That Destroy Family Businesses"


What's Causing This Mess?

The Family System, the Business System, and the Accompanying Baggage

Part I begins by giving readers a general overview of what family businesses are and outlines some of the problems that families encounter when they work together. Chapter 2 presents a key argument of the book – that the attributes of a healthy and happy family are fundamentally opposed to those of an effective and successful business, explaining why businesses and families require different behaviors and illustrating the problems that are created when families try to impose family attributes onto their business. It also introduces the concept of "family baggage" and presents the main theme of the book – that any dysfunctional patterns in the family will be recreated in their business with disastrous results. Chapter 3 explains why conflicts in family businesses are so intense, and ends with a questionnaire that enables readers to assess the health of any family business.

Chapter 1: Why You Need to Read This Book

This chapter starts by giving readers a quick overview of family businesses, emphasizing that these businesses have a high failure rate and outlining challenges they will face in the near future. The chapter then explores some of the unique challenges that arise because family members work together.

Chapter 2: Systems and Baggage

Chapter 3: When Worlds Collide: The Family System Meets the Business System


We Have Seen the Enemy, and He Is Us:

The Seven Deadly Sins That Destroy Family Businesses

Chapter 4: "It's the Same Old Song"

Chapter 5: "We're One Big, Happy Family"

Chapter 6: "They May Have Become Adults, but They'll Always Be My Children"

Chapter 7: "You're Not Loyal to This Family If You Insist on Being Selfish"

Chapter 8: Father Knows Best?

Chapter 9: "Maybe It Will Go Away If We Ignore It"

Chapter 10: "Tell Me About Your Childhood"


Succession: A Battleground unto Itself

Chapter 11: Certain Problems Are Inherent to Succession

Chapter 12: The Baggage Returns in Time for Succession

Chapter 13: Evolutionary Versus Revolutionary Succession

Chapter 14: Successful Succession


It Comes with the Territory: Other Problems Inherent in Family Businesses

Chapter 15: They've Stayed Too Long at the Fair: Long-Tenured Managers and Employees

Chapter 16: Interlopers, Consorts, and Other Undesirable Meddlers

Chapter 17: Baggage du Jour

Chapter 18: The American Dream Versus the Family Nightmare


All Is Not Lost: Recommendations and Solutions

Chapter 19: Create a Council of Advisors

Chapter 20: Create a Strong Team to Run the Company

Chapter 21: Develop a Strong Team

Chapter 22: The Right Consultant Is Critical to Your Success

Chapter 23: Additional Sources of Expertise

Chapter 24: Put It in Writing

Chapter 25: Final Thoughts

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