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Disclaimer: This video is intended solely for educational purposes and opinions shared by the guest are his personal views. We do not intent to defame or harm any person/ brand/ product/ country/ profession mentioned in the video. Our goal is to provide information to help audience make informed choices. The media used in this video are solely for informational purposes and belongs to their respective owners.
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Timestamps:
00:00 – Introduction
02:29 – Strength of Reliance
08:12 – Strength of Mukesh Ambani
09:06 – Robust Hiring at Reliance
11:11 – Firing Culture in the US
13:23 – Factors Behind America's Growth
19:03 – Importance of Creating Clones
23:39 – Challenges in Family Businesses
31:14 – Micromanagement in Business
40:02 – Psychological Makeup from a Weak Sense of Self
45:25 – Growing a Family Business
54:40 – Thinking Like an Active Investor
1:05:10 – Traits of a Family Business Owner
1:06:05 – Why Some Family Businesses Don’t Grow
1:21:07 – How to Grow a Family Business
1:25:35 – Outro
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In this episode, Rajiv Gupta, Chairperson of Master's Union School of Family Business, who has spent decades studying what makes and breaks Indian family-run businesses, dives deep into the unseen truths of legacy, leadership, and what it takes to run a business that thrives across generations.
We spoke about everything from Mukesh Ambani’s obsession with execution to why Indian loyalty at the workplace is still unmatched. Rajiv breaks down why family businesses often fail to scale, how micromanagement kills teams, and the importance of treating employees like actual people, not machines. He also shares how unresolved trauma and control issues show up in business, and why not every family member needs to be part of the company.
Towards the end, he shares the real reason families fight over business, why most businesses don’t survive past the second generation, and a step-by-step guide for anyone planning to take over their family business.
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Facebook: https://www.facebook.com/themastersunion
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About Raj Shamani
Raj Shamani is an Entrepreneur at heart that explains his expertise in Business Content Creation & Public Speaking. He has delivered 200+ speeches in 26+ countries. Besides that, Raj is also an Angel Investor interested in crazy minds who are creating a sensation in the Fintech, FMCG, & passion economy space.
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