In addition to poor communication being the top cause for family business failures, without effective communication skills to discuss the most difficult conversations, it’s impossible to address the other causes for failure as well.
What are the reasons so many of these family businesses fail and the families fall apart? Every situation is unique and there are many different factors, often even overlapping factors, that lead to these unfortunate outcomes however they generally fall into 5 main areas.
One of the first stories in the Bible describes Cain killing his brother Abel (Genesis 4:8). Since the beginning of time, people have understood that intentionally taking, or being an accomplice to taking, an innocent life is wrong however the Fifth Commandment goes well beyond this surface level interpretation.
The Third Commandment calls us to keep holy the Sabbath day. For Christians, the observance of the Sabbath is Sunday, the actual day of Christ’s Resurrection that brought about the new creation by Christ and recalls the creation of the world in Genesis.
When you were young you may have heard about, and maybe even studied, the Ten Commandments. You may have heard the stories from the Bible about Moses bringing down the stone tablets from Mount Sinai. As an adult, you may think they’re pretty basic and easy to follow. Maybe you consider them more as suggestions or think they’re not really applicable in today’s world. Nothing could be further from the truth!