Monday, February 22, 2010

Family Business & Entrepreneurship Workshop at Globsyn


Globsyn Business School is among the few business schools in the country which encourages entrepreneurship among its students and to facilitate them in this journey it has over time organized multiple workshops and seminars where successful entrepreneurs and scholars working in this field have come and shared their real life experience. After the successful workshop by Dr. Timothy Stearns last November, Globsyn Business School invited Mr. Wayne Rivers, co-founder and President of ‘The Family Business Institute’ (USA) for a workshop on ‘Family Business & Entrepreneurship’ at the Globsyn Business School campus.

Mr. Rivers who has authored books like ‘Eight Building Blocks for Creating a Sustainable Closely Held Company’, 'The Top Nine Reasons Family Businesses Fail' etc. told the students that hope and optimism combined with action is the key to success and to become successful one has to market the ‘idea’ successfully. Although different businesses demand different strategies but a successful entrepreneur must have an encompassing knowledge of the four main silos of a business – marketing, sales, production, and administration. Mr. Rivers urged the students to have a balance between ‘Work’ and ‘Life’ as “Nobody ever goes to his grave wishing he spent more time in office.”

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