Dr.Parimal Merchant on Family Business Success, Challenges & Succession | The Journey with Simarpreet Singh

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The Journey with Simarpreet Singh

Simarpreet Singh

46 episodes

1 day ago

"The Journey with Simarpreet Singh" Podcast is a talk show where we discuss about life, family, emotions, childhood, success, failure, and more.... Podcast had been on my mind since last 2-3 years, but always wanted to make it special and unique. With so much content being out every minute, how can you differentiate whether it’s your delivery or the people that you bring on the platform. The aim of this podcast is to bring forth the exciting adventures of some very interesting personalities who in their own ways have contributed towards building a better India.

Self-Improvement

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All content for The Journey with Simarpreet Singh is the property of Simarpreet Singh and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

Self-Improvement

Education

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Dr.Parimal Merchant on Family Business Success, Challenges & Succession | The Journey with Simarpreet Singh | Podcast Season 1 Episode 42

The Journey with Simarpreet Singh

1 hour 51 minutes 34 seconds

1 month ago

Dr.Parimal Merchant on Family Business Success, Challenges & Succession | The Journey with Simarpreet Singh | Podcast Season 1 Episode 42

Welcome to Episode #42 of: The Journey Podcast with Simarpreet Singh (TJWS). Today’s episode features DR.PARIMAL MERCHANT, a leading authority on family-managed businesses and Director of the Global Family Managed Business Program at SP Jain School of Global Management. With over 30 years of experience, Dr.Merchant has guided thousands of next-gen entrepreneurs in transforming traditional family-run businesses into professionally managed, future-ready enterprises. In this episode, he shares deep insights on: ✅ Succession planning in family businesses ✅ Bridging generational gaps ✅ Adapting to change and innovation ✅ Creating long-term value across generations Whether you're part of a family business or passionate about entrepreneurship, this conversation is full of practical wisdom you won't want to miss! Stay tuned and watch the full episode. CHAPTERS 0:00 Precap & Intro 4:33 The 3rd Generation Curse: Myth or Reality 12:55 What’s Behind the Obsession with Startups & Unicorns? 19:00 Top 3 reasons to not join family business 26:15 Startups VS Family Business Debate 31:23 Template for New Entrants in Family Business- Strengths & challenges 35:35 The DO’s and DON’T’s in a Family Business 41:27 New Perspectives & Challenges in Family Business 48:08 How to Groom New Entrants in Family Business: Template 55:10 Handling Conflicts: Advice for the Second Generation 1:04:58 Owners VS Professionals in Family Business 1:09:35 Should professionals join family business or MNC? 1:13:30 Succession Planning in Family Business 1:27:26 Empowering & Grooming Women for Business 1:38:42 Family Business: Passion or Pressure? 1:43:40 Case Study: Best Family Business in India 1:46:50 Expert Advice & Outro ___________ 👉 Don’t forget to like, share & subscribe for more inspiring business stories. @simarpreethsingh Reach me at Instagram : https://www.instagram.com/simarpreeths/ Twitter handle : https://twitter.com/simarpreeths LinkedIn : https://www.linkedin.com/in/simarpreethsingh/ Facebook : https://www.facebook.com/simarpreet.singh07 Keep following my channel for more such updates. __________ ABOUT THE PODCAST "The Journey with Simarpreet Singh" is a talk show where we discuss life, family, emotions, childhood, success, failure, and more. The intent is to bring forth impactful stories that have contributed towards building the nation. __________ #TheJourneyPodcast #SimarpreetSingh #ParimalMerchant #FamilyBusiness #BusinessSuccess #Entrepreneurship #BusinessPodcast #SuccessionPlanning #SPJain #BusinessGrowth