A wise son maketh a glad father.
But the two may make poor business partners. For many an entrepreneurial Pop the gladdest moment of a lifetime is when his No.1 son enters the family firm. For many an obliging son it would be wiser if he never set foot in the place. Once looked on by young men as the shortest road to success, taking over a family business is now seen by more and more of them as a fast way to a nervous breakdown.
"For the founder," writes Psychologist Harry Levinson in the March-April issue of the Harvard...