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Running Family Business

Co-Founder Randhir Kumar Arora talks about Running Family Business course, what is Running Family Business and other details about a Career in Running Family Business.







Running Family Business Career Talk

Randhir Kumar Arora | Co-Founder | Book World






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Running Family Business Explained




What is Running Family Business?


There are many nuances of a Career in Running Family Business. One should first understand What a Career in Running Family Business entails before investing time and effort to figure out How to start a Career in Running Family Business. While anyone can have an opinion on what Running Family Business entails; only a real professional can really explain it.

Co-Founder Randhir Kumar Arora has 36 years & 3 months of professional experience in Running Family Business. Co-Founder Randhir Kumar Arora outlines 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. We all know that only 10% of what is taught in Running Family Business is actually used in real life. The Education section of the Talk clearly explained what is the 10% needed in Running Family Business. It discusses following headings for Education in 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. Anyone aspiring for Running Family Business needs to understand that Skill development is crucial for success. It details these topics within Skills for Running Family Business:
     6) Process Orientation  
     7) Communication Skills  
     8) Organization Skills   
     9) Networking  

Positives of Running Family Business are quite interesting. The Talk discusses following Positives of Running Family Business:
     10) Hobby becomes profession  
     11) Recognition  
     12) Subject Matter Expertise  
     13) Platform  

After a discussion on Positives, Challenges complete the caricature of Running Family Business:
     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  




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Relevant Links




Co-Founder Randhir Kumar Arora's LifePage:


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[LifePage]
https://www.lifepage.in/page/randhirkumararora






LifePage Career Talk on Running Family Business


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[Career]
https://www.lifepage.in/careers/running-family-business


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[Full Talk]
https://lifepage.app.link/20161221-0001


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[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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