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Nairaland Forum / Nairaland / General / Jobs/Vacancies / Have You Worked In A Family Owned Business? Share Your Experience (9044 Views)
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Have You Worked In A Family Owned Business? Share Your Experience by QuinModah(f): 6:26am On Feb 12, 2023 |
A family business is a business incorporated by MD and the wife is the deputy managing director, the daughter the customer care service representative and the son the operations manager. What's your experience like? Was it worth it? Kindly share your experience 4 Likes 3 Shares |
Re: Have You Worked In A Family Owned Business? Share Your Experience by cadet222(m): 8:07am On Feb 12, 2023 |
I got many experience and time to also explore other ventures. It was worth it. 9 Likes |
Re: Have You Worked In A Family Owned Business? Share Your Experience by Octopusbottle(m): 8:16am On Feb 12, 2023 |
I have, working in family managed biz , na one man business....if lucky and the md is kind good for u.. but if it the other way round u go dey see alots of sack among staff, change in decisions making by the owner of the company... And old staffs are well favored by the business owners bcus over the years they have build relationships wit them.. Thats my simple conclusion. 18 Likes 2 Shares |
Re: Have You Worked In A Family Owned Business? Share Your Experience by QuinModah(f): 8:42am On Feb 12, 2023 |
Octopusbottle: |
Re: Have You Worked In A Family Owned Business? Share Your Experience by iyke2ken(m): 10:51am On Feb 12, 2023 |
It started great. I started in the customer service department, and after a while, I was tasked with managing that and also supervising a unit of the operations team. It was supposed to be some sort of promotion for the good work done so far And that was where the wahala started. About a year later, I submitted a notice of resignation, and left after two weeks. I dey find work now Sha lol. I am a graduate of Communications, and I have years of work experience in customer service/relations and logistics and transportation. 15 Likes |
Re: Have You Worked In A Family Owned Business? Share Your Experience by LittleBigDick(m): 1:03pm On Feb 12, 2023 |
I've worked in my dad's business ( a trucking company and a bar) as a CTO of both businesses I was handling the every technological aspects of both businesses managing the social media accounts, websites of both companies My sister was the financial accountant handling everything financial about companies My two cousins were the hench men of the companies handling any competitors My mom wasn't in the business because she had her own thing 40 Likes 4 Shares |
Re: Have You Worked In A Family Owned Business? Share Your Experience by maureensylvia(f): 1:14pm On Feb 13, 2023 |
They'll use you 6 Likes 1 Share |
Re: Have You Worked In A Family Owned Business? Share Your Experience by Kasdat5(m): 1:19pm On Feb 13, 2023 |
Yea , na me dey count money then , my mum was the accountant , comes back with cash late @ night from the park . It was a transport company & our vehicles usually left @ night . 9 Likes |
Re: Have You Worked In A Family Owned Business? Share Your Experience by Isabi4lov: 1:21pm On Feb 13, 2023 |
Yes 1 Like |
Re: Have You Worked In A Family Owned Business? Share Your Experience by bilo1(m): 1:21pm On Feb 13, 2023 |
Pretty cool experience |
Re: Have You Worked In A Family Owned Business? Share Your Experience by trevorlinda: 1:25pm On Feb 13, 2023 |
This are the type of organisation dat owe salary a lot... they will use November salary to pay January... mainwhile January will be paid by May endin 9 Likes
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Re: Have You Worked In A Family Owned Business? Share Your Experience by brain54(m): 1:25pm On Feb 13, 2023 |
I once did… It was crazy at a point because oga who was MD would come and give a different instruction from what madam who was in charge of financial arrangements and company logistics had given. It was really crazy because at times I could feel the tension in the air and would be confused on whose instructions to follow. I learned a lot from there though. How to play people without their knowledge. No be me them go put for middle! 25 Likes 1 Share |
Re: Have You Worked In A Family Owned Business? Share Your Experience by 0taPiaPia(m): 1:33pm On Feb 13, 2023 |
Run for your life. I wouldn't warn you twice 1 Like 1 Share |
Re: Have You Worked In A Family Owned Business? Share Your Experience by Emmanueltrinity(f): 1:35pm On Feb 13, 2023 |
It quite a challenging experience, but it was worth it 1 Like |
Re: Have You Worked In A Family Owned Business? Share Your Experience by 3seriez(m): 1:39pm On Feb 13, 2023 |
All Glo staff are employees of a Family business. 8 Likes |
Re: Have You Worked In A Family Owned Business? Share Your Experience by Trilz(m): 1:42pm On Feb 13, 2023 |
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Re: Have You Worked In A Family Owned Business? Share Your Experience by Financialman: 1:54pm On Feb 13, 2023 |
maureensylvia:You know, they'll use you just like I was used for years,7am to 11 pm ,on tagging days from 11pm to 4am any free time is for beer and pepper soup,but money full everywhere...if you call and ask me for money, nothing like I no get ,I go just say send aza 4 Likes |
Re: Have You Worked In A Family Owned Business? Share Your Experience by Financialman: 1:54pm On Feb 13, 2023 |
Kasdat5:Big child At the end if you need better money just enter business |
Re: Have You Worked In A Family Owned Business? Share Your Experience by MajorOvakporaye(f): 1:58pm On Feb 13, 2023 |
brain54: Walai!!! Na true you talk so. |
Re: Have You Worked In A Family Owned Business? Share Your Experience by ManAustin(m): 2:00pm On Feb 13, 2023 |
A beg where una dey see job for Naija...3yrs now no job o |
Re: Have You Worked In A Family Owned Business? Share Your Experience by Saladdin: 2:00pm On Feb 13, 2023 |
Family business can be a nice place ONLY if a proper structure is in place. I've worked in one, though not heavily concentrated with close-knit family members. The reason a lot of Nigerians dread working for family business in Nigeria, and rightfully so is that; there's no structure in place, many take delight in being wicked, it's filled with nepotism and tribalism, and finally struggling to survive. I mean even if you're just starting and struggling financially as a company, try and provide a blueprint and structure in place no matter how little. The reasons stated in the previous paragraph is why most family-run companies don't survive. Whereas they are part of the building blocks of a stable in other climes. Examples are; Cargill in the US, Burnbrae in Canada, Samsung In South Korea among others. 7 Likes |
Re: Have You Worked In A Family Owned Business? Share Your Experience by Kobicove(m): 2:04pm On Feb 13, 2023 |
Small scale family businesses/cottage industries actually contribute to the stability of the economy of a country and should be encouraged 5 Likes |
Re: Have You Worked In A Family Owned Business? Share Your Experience by Kobicove(m): 2:05pm On Feb 13, 2023 |
Octopusbottle: If na you nkó will you favour a new staff over a trusted staff who has been with you over the years? 2 Likes |
Re: Have You Worked In A Family Owned Business? Share Your Experience by SavageResponse(m): 2:10pm On Feb 13, 2023 |
maureensylvia: Yes, just the way you're using your staff in your own business now 1 Like |
Re: Have You Worked In A Family Owned Business? Share Your Experience by fkj950ax(m): 2:11pm On Feb 13, 2023 |
It's funny to read comments of people that are horrible employees trying to sound like angels. If its such a horrible place to work, nobody forced you to remain employed there. And if it was an easy task to own a family business, why didn't your mum and dad own one and employed you there? Please let's stop these one-sided conversations that don't add value but merely serve as avenues for people to feed their narcissistic thirst online. Are there businesses that are horrible to work in? Yes. Tons of them, but who held a gun to your head to remain there? 3 Likes 1 Share |
Re: Have You Worked In A Family Owned Business? Share Your Experience by mashad(m): 2:24pm On Feb 13, 2023 |
Lol...I just left one. Now I am jobless. The MD is quite a generous and responsible fellow and seems to know what he wants for his business. But you see the GM, who is the jnr brother... he sells most company assets at every opportunity, collects return from staff on any assigned duty that money allocation is involved. The worst of it all is that when there is an eventual problem and maybe the MD intervene, he will blindly deny having anything to do with you. Ofcourse, no one is bold enough to tell the MD what his brother has been upto. I wanted to detail all he has been doing in my resignation letter, but I'm sure my letter will not get to the MD. So what's the need... I left the very toxic environment. I am only scared of the GM ruining that company bit by bit at the expense of his elder brother(MD) hard-working tenacity 7 Likes |
Re: Have You Worked In A Family Owned Business? Share Your Experience by Gift96: 2:37pm On Feb 13, 2023 |
mashad: bro look for every avenue to get the MD number or possible his email... you wont be saving just the MD but people that are currently employed there 11 Likes 1 Share |
Re: Have You Worked In A Family Owned Business? Share Your Experience by Nobody: 3:10pm On Feb 13, 2023 |
Yea.. handled a part of my dad's business immediately after school. Although I was in a lot of money some idiots who wanted favour were spying on me and casting my business inside his business. I was full of energy, I made sure the whole thing ran smoothly and I was actually making triple returns weekly than the previous manager. Bursting the target set, running the drivers and ensuring all the trucks were in good shape without asking him for a dime. On top of it I triple quadrupled the clientele base... Even took it interstate. But old man no still let me breath. Most times he just overides my decision with his authority making me look stupid before some clients who were due to be served, rather he would make me serve some others because they're his friends of friends. I work with money and booking on a first come first serve basis but then pops go just call from house and give instructions which I can't overlook. It got to a point I couldn't take it anymore and I just quit cos it was even causing a strain on my relationship with him. The moment I left that part of his business crumbled due to poor management. If only he would allow me free reign. Family business sweet sha but it has its downsides. I'm not cut out for that. 11 Likes 1 Share |
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