How to pass a family business from an overbearing father to the next generation

“Old school” is how Jeff, the consultant, described Mike’s values — hard work, thrift, persistence and so forth.

Greg, Mike’s son, would beg to differ.

Mike can be ruthless with his words. While his staff of 40 respects his experience and technical abilities, few, if any, of his employees like him.

“My dad is rude, overbearing and never listens to anyone,” Greg said to Jeff.

Greg feels discounted, beat down and disrespected by his father. Thus, even though they work together, Greg never voices his opinions and ideas nor does he make any decisions for fear of getting yelled at by his dad — which has happened numerous times.

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