Whenever business and family mix together, it’s almost always never a good thing because it can be very hard to reconcile running a business while ensuring that the decisions of the family who founded the business are followed and respected. It doesn’t help that the general public has this stereotyped image of family businesses thanks to fictional portrayals in the media, from prestige film productions to melodramatic television shows. But in the real world, businesses originating from family dynasties really do exist despite what people might think of them, good or otherwise.
Running that kind of empire isn’t exactly easy considering that most family-run companies often don’t make it past the third generation due to internal family disputes and poor business decisions from various family members. And if you happen to be born within a family that owns a considerably lucrative business, then you know for a fact that the children of entrepreneurs are often groomed to learn everything about the company in the hopes of one day assuming the throne and carrying on the legacy of their birthright.