Your just not as good as your Dad/Mom was.

[WordMan]

VW’s ownership has a huge chunk which is family-owned, handed down from Ferdinand Porsche. Not sure what to make of that given the current situation ;).

Martin Guitars has famously been family owned since 1833. Chris Martin IV - no, not the Coldplay guy - is the sixth-generation.

They had a down period in the 70’s, but have rebounded with Aging Boomers, the new acoustic folk trend (Marcus Mumford’s weapon of choice is a Martin D-28), etc. They have grow on the low end by introducing lines that compete at a lower price point. Their Authentic lines are intended as replicas of classic vintage examples but are some of the best guitars they have ever made.

So far, so good.

[Really_Not_All_That_Bright]

@Vaevictis

That was never a real school before or after it being passed down.

It’s quite well ranked by the Princeton Review, despite the Jesusy trappings.

[Inner_Stickler]

@fisha

Many successful people had to fight for every inch, this develops a different outlook and personality than being handed a company

I assume it’s 95% this.

[Ravenman]

@Urbanredneck

That was another “Kitchen Nightmares” episode where their was this family run restaurant where all the kids were running the place (4 of them I think). Yet nobody actually had a dedicated job and most important, outside of working the restaurant, they had no formal training in restaurant management or cooking. One of the young men said after spending an afternoon getting trained by Ramsey “I’ve learned more in 3 hours than I’ve learned my whole life”.LINK It was episode 9 on season 6.

That sounds like a very powerful indictment of the parents. What manager doesn’t pass down knowledge of how to do their work?

[DCnDC]

@fisha

Many successful people had to fight for every inch, this develops a different outlook and personality than being handed a company

@Inner_Stickler

I assume it’s 95% this.

Yup.

There’s a big difference between creating, building, and earning something as opposed to it just being given to you (particularly if you’re not that into it).

It’s like getting your driver’s license and working shit summer jobs for years to buy your own car, opposed to just having Daddy buy you one your 16th birthday. I guarantee you the person who was given a car treated that thing like shit, and the person who earned their own car cried when it finally died, 20 years later.