Running Family Business
Randhir Kumar Arora | Co-Founder | Book WorldWhat is Running Family Business?
A Career in Running Family Business is very interesting. Almost everyone seems to be talking about How to start a Career in Running Family Business, while one should first develop an understanding of What is a Career in Running Family Business. It is best to learn about Running Family Business from a real professional, this is akin to getting it from the horse's mouth.
With 36 years & 3 months of professional experience, Co-Founder Randhir Kumar Arora understands Running Family Business. Co-Founder Randhir Kumar Arora describes Running Family Business as:
Running a family business is a kind of business which a person inherits from family. Its is sum of all functions like procurement, inventory, sales and marketing, human resource, accounting, logistics, distribution.
How Co-Founder Randhir Kumar Arora got into Running Family Business?
At the time of my masters I did my thesis on Book Marketing in Hills where my interest in books started. I worked in Advertising for 8 years and ran Archies distribution for 8 years. In 2001 I joined my family business of selling books, Bookworld.
Co-Founder Randhir Kumar Arora's Talk on Running Family Business |
|
Starts with what is: | |
1) | Running Family Business |
Next, it covers Education. This Talk is unique because it talks about Education in terms of things which can be learnt from books, to excel at a Career in Running Family Business and not as a list of Qualifications, which one needs to get into Running Family Business. Here is a list of Education items required for Running Family Business: | |
2) | Accounting |
3) | Sales and Marketing |
4) | Business Laws |
5) | Operations |
Then, the Talk focuses on the most important component that is Skills. Skills are the most important factor determining success in a Running Family Business. It details these topics within Skills for Running Family Business: | |
6) | Process Orientation |
7) | Communication Skills |
8) | Organization Skills |
9) | Networking |
There are great positives of Running Family Business. These are the Positives of Running Family Business: | |
10) | Hobby becomes profession |
11) | Recognition |
12) | Subject Matter Expertise |
13) | Platform |
There are a few Challenges in Running Family Business which one needs to be cognizant of: | |
14) | Profitability |
15) | Maintaining Inventory |
16) | Uncertainty |
17) | Reading & Publishing Challenges |
In the final section of the Talk, Randhir Kumar Arora talks about How a day goes in a Career in: | |
18) | Running family business |
Install the LifePage App to:
- (for Free) Watch Co-Founder Randhir Kumar Arora’s full Running Family Business Career Talk
- (for ? 100 or ? $ 1.4) Do a Self Assessment on Running Family Business to calculate your Dream Index, which is defined as:
According to Randhir Kumar Arora your chances of success in Running Family Business is __%
- Access your personalized Dream Index Report which will have all your Dream Indices sorted in descending order.
How to get into
Running Family Business?
If you are want to get into Running Family Business, start by investing in a Career Plan.
The 14 hour process, guided by a LifePage Career Advisor, will help you introspect and check whether your interest in Running Family Business is merely an infatuation or is it truly something you wish to do for the rest of your life.
Next, your Career Advisor will help you document how you can get into Running Family Business, what education and skills you need to succeed in Running Family Business, and what positives and challenges you will face in Running Family Business.
Finally, you will get a Career Plan stating which Courses, Certifications, Trainings and other Items you need to do in the next 7 years to become world’s best in Running Family Business.
LifePage Career Plan
14 hour personalized guidance program
Your LifePage Career Advisor facilitates your guided introspection so that you systematically explore various Career options to arrive at a well thought out Career choice.
Next: your Advisor helps you figure out how you will get into your chosen Career and how will you develop the skills needed for success in your Chosen Career.
LifePage Plan will not stop at saying "to become an Architect study Architecture". It will guide you on which Certifications, Trainings and Other items you need to do along with your Architecture education to become the world's best Architect.
Links for this Talk
Co-Founder Randhir Kumar Arora's LifePage:
[LifePage]
https://www.lifepage.in/page/randhirkumararora
LifePage Career Talk on Running Family Business
[Career]
https://www.lifepage.in/careers/running-family-business
[Full Talk]
https://lifepage.app.link/20161221-0001
[Trailer]
https://www.youtube.com/watch?v=gdQ8WKXv-gc
(Running Family Business, Randhir Kumar Arora, Book World, Family Business, Business, Business Owner, Partner, Co-Founder)
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