I’m taking over the family business. I’ll be a third generation owner. I will purchase it through contract for deed.

My father told me the number one thing he wanted to do was run the business better than my grandfather. I feel the same way, and sometimes I’m not quite sure how to vent my frustrations to my father on what he could do better.

He’s a terrific businessman who had brought our family comfort. Sometimes I think he has some blind spots.

How do I approach these things without being insulting?

      • SubstantialCount3226@alien.topBEnglish
        1·
        10 months ago

        Greedy kid took over Huy Fong Foods and wrecked it. Lost court case against farmer, got banned in EU, their previous biggest supplier started selling their own sriracha since it’s not trademarked, massive production issues, ongoing shortage, lost shelf space to knockoffs… It’s a market worth billions that they’ve lost market space in so the financial loss must be massive.

        • chamburger@alien.topBEnglish
          1·
          10 months ago

          Thank you for the explanation and not telling me to “look it up” like a lot of people do. I did look it up but your explanation was way better to understand.

          • SubstantialCount3226@alien.topBEnglish
            1·
            10 months ago

            Sure I’m not a fan of that snarky attitude either. I don’t know all the details, but it’s an interesting story and a good reminder of how to not ruin partnerships to try and save pennies…