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TiCKed
Great post and one glossed over by those not versed in the family business way of doing things.
Mine is an interesting one. My grandfather started the business, but really, by the time he had started it my dad was the golden goose doing the work and making the business grow. So while we are a 3rd generation business, its more like a 2.5.
I am the one filling my dad's leadership shoes, and I can tell you without a doubt, this business will NOT be as grand as it is even right now. It's can't be. I brought up in it, groomed for it, and have by all measures made sure it has prospered on my watch. However, the growth and success was due to savvy and strategy not raw passion and talent. I can job cost us into a profit. I can negotiate terms and supply chains with the best of them. However, I simply don't have the skill set to just down in the mud and do it the way my dad does it and has done it for 45 years.
The greatest level of passion will almost always follow the founder to his grave. Im just incredibly blessed to have a younger brother 20 years my junior who has my dad's technical skills so that I can concentrate on the back end.
LT is Cold Steel at its heart. Thats not what is on paper, but the life blood of that company flowed through his veins.