While there might be clear rules that operate in the family dynamic, there are no clear rules when it comes to the family business. Mark takes a look at the family behind Ubiquitous Realty, featured in the first episode of The Mentor.
Mark Bouris says the key to a successful family business structure is establishing a natural leader - who needs to be trusted and relied upon.
This leader must step up and make the hard calls, and tell everyone what they need to know and need to hear. You can't play family cheerleader - you ned to set goals, be able to clearly say what is and isn't good enough, and track achievements.
The only thing that always wins is consistency and persistence.