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The Golden Child in a family business is a culture killer

The Golden Child in a family business is a culture killer
Sometimes I come across a sibling in a family business who has an unjustified sense of entitlement and is not held accountable by their parents . It sends a really poor message to all employees.
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Over 80% of families in business have not held an intergenerational meeting

Over 80% of families in business have not held an intergenerational meeting
There are some interesting stats that show over 40% of male family business founders have not discussed succession of the business their wife. In addition, a high percentage of next generation family business members have not discussed the subject with their partner. 60% have not had this discussion with their children.
Why are they so scared to have the discussion ?
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