Building enterprises that last

Businessman separating wooden blocks with the inscription Business and Family.
 

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“Why did you get such a low score in your geography exam?” a father asked his son. The son replied, “Absence”. The father raised his eyebrows and shot another question, “Were you absent on the day of the exam?” “No, Dad, but the boy who usually sits next to me was.”

Last week, I recalled a conversation I had with a successful entrepreneur that had been asked to give a talk to a group of entrepreneurs on handing over the baton of his business to his children. I ended the article with the question I asked him:

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Note: The results are not exact but very close to the actual.