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CEveryone faces differences in family business. One should look into growing it together with patience. My father built a fortune from 0 sacrificing everything for our future. So, I don’t think having less or no money (with no responsibilities) for 2-3 more years is something I can’t do when I know I’ll be getting a lot after it.CI’ve been in your situation. Joined family business just after college. From 21 to now 27 and also got married 3months back!
I was very frustrated like you too due to not getting any salary or so but took the advice from reddit and realised I’m actually very lucky to have a family business.
Let me give you few points.
– I have a car (bought by father and he handles petrol expenses which is around 10k per month)
– I can take leave anytime I want due to him having a little more control over business than me.
– Spent on my wedding (Approx 70-80lakhs)
– Funded my honeymoon (3lakhs)
– Handles all the house expenses
– Save most of the money and invest it for our future only.
– Father will be retiring in max 3-4 years as he is getting old so after that everything’s is going to mine only.I want to advise you to be patient and learn as much as possible. He must be not spending or giving you due to various reasons like saving it for you and your sister.
Support him, build a bond. Sooner or later you’re going to inherit it and then you’ll be glad.CNal but you should just deny them and do use official channels for the conversation like email to keep the record.
You should keep a upper hand be dominant to ask for the name transfer as soon as possible or you may involve legality.
You should be the one harassing them for the name transfer and not the other way around.
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