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KEEP THE FAMILY BAGGAGE OUT OF THE FAMILY BUSINESS : Avoiding the Seven Deadly Sins That Destroy Family Businesses

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Title: KEEP THE FAMILY BAGGAGE OUT OF THE FAMILY BUSINESS : Avoiding the Seven Deadly Sins That Destroy Family Businesses
by Quentin Fleming
ISBN: 0684856042
Publisher: Simon & Schuster
Pub. Date: 2000
Format: Paperback
Volumes: 1
List Price(USD): $14.00
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Average Customer Rating: 4.5

Customer Reviews

Rating: 4
Summary: okay, although I understand that it's the best of it's type
Comment: Depending upon the health of your family (and family business) most of this book does not really apply. The author also openly states that. However, he does say that it only takes one of the "7 sins" to take down a family business and it does allow for some forewarning of things that should be avoided.

He does cover a lot of ground, including immigrant businesses, a good section on succession of the business, and touches on both small and large family businesses.

I found quite a bit of it to also be his sales pitch, implying that every family business should hire, in the foreground or background, a consultant, a lawyer, an accountant, and possibly a therapist =D

Overall, it's an okay book covering topics which hopefully most people are aware of and warning you about things you may not be. If you are facing problems, this book may help you either diagnose it yourself or he suggests things to look for in an outsider to help you diagnose it.

Good luck!

Rating: 5
Summary: Family Baggage/Deadly Business Sins
Comment: I have been the owner of a family business for over twenty five years and found Mr. Flemings book to be very accurate and insightful. My wife and I both read his book and agreed that we had committed all of the "deadly sins" to some degree over the years. The book was enjoyable to read, humorously presented and it generated a great deal of discussion among our family and friends. Highly recommended!

Rating: 4
Summary: A "Must Read" for Anyone dealing with Family Businesses
Comment: This book really captures the dynamics of family business. The author's style blends complex theory and real life examples and communicates the results with clarity, empathy and humor. I read this book in an evening and came away with the feeling of "getting it", that I don't get from a lot of other business books. Oh yes, and in several places I laughed out loud!

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