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Family Business Model
technique
1 mention from 1 sources
A traditional business approach where family members work for the family business without immediate ownership, building it for the collective family benefit.
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"That's what immigrants do. It's a different model, right? Like it's the family when a family starts a business it's the family business and you don't get the business until the family dies."
Attribution: GaryVee describes using this business model approach in his own family business experience, explaining how he worked for 12 years building the business from $3M to $65M without taking ownership.