Daena Walsh




When you hear the word “entrepreneur,” you probably think of someone who started a successful business from scratch. But what about those of us who take over a family business? Are we entrepreneurs too?

I’m here to tell you that we are. In fact, I believe that taking over a family business is one of the most challenging and rewarding things you can do.

I know firsthand because I took over my father’s business, Walsh Construction, in 2006. It was a tough decision, but I’m so glad I made it.

Here are just a few of the reasons why I believe that taking over a family business is a great opportunity:

  • You have a built-in support system. When you take over a family business, you’re not starting from scratch. You have a team of people who are already invested in your success.
  • You have a head start. Your family business has already established a customer base, a reputation, and a track record of success. This gives you a huge advantage over starting a new business.
  • You have a sense of purpose. When you take over a family business, you’re not just working for yourself. You’re also carrying on a legacy and making a difference in your community.

Of course, there are also some challenges to taking over a family business. For example, you may have to deal with family dynamics and expectations.

But if you’re up for the challenge, I encourage you to consider taking over your family business. It’s a great opportunity to make a difference in the world and build a legacy that will last for generations to come.

Here are a few tips for taking over a family business:

  • Talk to your family. Make sure that everyone is on the same page about your taking over the business.
  • Develop a plan. Outline your goals and objectives for the business, and how you plan to achieve them.
  • Get involved. Start working in the business and learning about all aspects of it.
  • Be patient. It takes time to build a successful business. Don’t expect to see results overnight.

Taking over a family business is a big responsibility, but it’s also a great opportunity. If you’re up for the challenge, I encourage you to go for it.

Here’s a story about a family business that I heard recently. A woman named Maria took over her father’s construction business after he passed away. She was only 25 years old at the time, but she was determined to make a success of it.

Maria worked hard and learned everything she could about the business. She also made some changes, such as updating the company’s website and marketing materials. Within a few years, she had doubled the size of the business.

Maria’s story is an inspiration to me. It shows that anything is possible if you’re willing to work hard and never give up on your dreams.