Does the thought that there is something to bank on after the studies make a person complacent?
I think, maybe once in a while, yes, it makes one complacent. When you see others striving hard to achieve something in life, you get a feeling that you are complacent. But such a thought will only lead to disaster. If you are complacent, there is no future for you. That was one of the reasons why I went to the US to do MBA after doing chartered accountancy. Yes, I feel the acceptance of me in the family business would have been very hard if I did not have certain educational qualifications. If you are not a professional, it is very difficult to command respect from people. Most business houses seem to prefer professionals to heirs. What is your opinion? Should a business be run by family members (promoters) or by professionals? Of course, a business should be run only by professionals. First of all, there has to be a clear difference between the management and the ownership. At least in our business, apart from my father and uncle, there is only me in our business. There is no other r