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10 INSPIRATIONAL QUOTES FROM WOMEN IN FAMILY BUSINESS

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<strong>10</strong> <strong><strong>IN</strong>SPIRATIONAL</strong><br />

<strong>QUOTES</strong> <strong>FROM</strong><br />

<strong>WOMEN</strong> <strong>IN</strong><br />

<strong>FAMILY</strong> BUS<strong>IN</strong>ESS<br />

Brought to you by:


<strong>WOMEN</strong> <strong>IN</strong> <strong>FAMILY</strong> BUS<strong>IN</strong>ESS<br />

“<br />

Whether it be as owners, managers, mothers, daughters or other, the influence and<br />

impact of women on the sustainability of the family enterprise is significant. No matter<br />

their position within the business or the family, women tend to hold multiple roles and<br />

responsibilities, some of them recognised and others less so.<br />

Enjoy these ten quotes from women around the world who share their inspiring insights<br />

on managing the intrinsic web of duties and pleasures that come from being part of the<br />

family enterprise.<br />


<strong>WOMEN</strong> <strong>IN</strong> <strong>FAMILY</strong> BUS<strong>IN</strong>ESS<br />

““What we do at the moment mostly is to encourage<br />

values in our children. It’s extremely important to instil<br />

values from the beginning. We teach them things like<br />

managing their pocket money according to the three<br />

S’s, an idea produced by my brother-in-law Etienne,<br />

which means that part of their money goes into Savings,<br />

another into Spending and the third S stands for Sharing.<br />

Its values like these that instil respect of others. This is an<br />

important factor in making them responsible owners.”<br />

Carole Hübscher<br />

Chairwoman of Caran d’Ache, Switzerland<br />


<strong>WOMEN</strong> <strong>IN</strong> <strong>FAMILY</strong> BUS<strong>IN</strong>ESS<br />

“<br />

I feel that if you have the ambition and the drive to<br />

create social value and innovation then the potential<br />

of the family business platform is tremendous. Instead<br />

of starting from scratch and spending five or six years<br />

building everything you already have these resources<br />

that you can count on. Many of them are intellectual and<br />

emotional.<br />

”<br />

Priyanka Gupta<br />

Executive Director, MPIL, India


<strong>WOMEN</strong> <strong>IN</strong> <strong>FAMILY</strong> BUS<strong>IN</strong>ESS<br />

“<br />

The family’s dynamic is one thing and the business<br />

dynamic is another. The business is subject to the<br />

markets in which it operates, the family is subject to the<br />

individuals, who are part of it. Both parts have different<br />

needs and cycles. It’s important to distinguish these two<br />

and not confuse them while creating processes for the<br />

family business.<br />

”<br />

Veronica Maldonado<br />

Executive Director, GEM, Venezuela


<strong>WOMEN</strong> <strong>IN</strong> <strong>FAMILY</strong> BUS<strong>IN</strong>ESS<br />

“<br />

I believe that as owners we are in a unique position to<br />

change the rules in our own businesses. A family-owned<br />

business that values the input of female members as<br />

owners and employees will create a different set of<br />

opportunities and policies that will enhance the personal<br />

and professional lives of their female employees.<br />

”<br />

Patricia Ghany<br />

CFO, Esau Oilfield SupplyCompany, Trinidad and Tobago


<strong>WOMEN</strong> <strong>IN</strong> <strong>FAMILY</strong> BUS<strong>IN</strong>ESS<br />

“<br />

I do not think it is a matter of obligation for the spouses<br />

of family members to get involved in the business.<br />

However, I also believe that as a spouse to an active<br />

member of a family business you automatically become<br />

engaged in the businesses complex workings whether<br />

you like it or not. Therefore, understanding your role<br />

within the family becomes important since your attitude<br />

and actions will have consequences for generations to<br />

come, particularly when it comes to the values that are<br />

transmitted to the children. So, educating spouses about<br />

the family business can only have a positive influence on<br />

all family and business relationships.<br />

”<br />

Ana Maria Matallana<br />

Chairwoman Fundacion La Cayena and Co-Founder<br />

WIFB, Colombia


<strong>WOMEN</strong> <strong>IN</strong> <strong>FAMILY</strong> BUS<strong>IN</strong>ESS<br />

“<br />

I believe that one of the greatest hurdles to success we<br />

face, as women, is guilt. You either feel guilty towards<br />

your children, for not being at home, or you feel guilty<br />

towards the office, for spending time with the family.<br />

I had to make the conscious effort to let go of that<br />

continuous feeling and be very clear and organised<br />

about how I spend my time. This has enabled me to<br />

make the most of both environments and to be happy<br />

and fulfilled and to be able to enjoy both my family and<br />

my work.<br />

”<br />

Karine Obegi<br />

Managing Partner, Obegi Home, Lebanon and UAE


<strong>WOMEN</strong> <strong>IN</strong> <strong>FAMILY</strong> BUS<strong>IN</strong>ESS<br />

“<br />

We have an ageless belief that is as strong today<br />

as it was in our past – we are the environment, the<br />

environment is us. We acknowledge and describe<br />

ourselves as part of the physical environment from<br />

which we hail. The environment is as important as<br />

our community and stakeholders. The environment<br />

is our parent, our family, and will nurture our future<br />

generations.<br />

Mavis Mullins<br />

Owner, Paewai Mullins Shearing Ltd., Newzealand<br />


<strong>WOMEN</strong> <strong>IN</strong> <strong>FAMILY</strong> BUS<strong>IN</strong>ESS<br />

“<br />

There are many ingredients to a successful business<br />

and family. The most important thing is discipline then<br />

love and passion. If you have passion for everything that<br />

you do then your day is long and you can get everything<br />

done. You create time for your family. (...) If you put your<br />

heart in it then you can do anything. Just don’t let your<br />

energies go into things that are not worth it. It is about<br />

perception. With the right attitude, the day is really long<br />

and you can divide your time productively in order to<br />

tackle all your responsibilities.<br />

”<br />

Mercedes Salazar<br />

Founder “Mercedes Salazar”Jewellery, Colombia


<strong>WOMEN</strong> <strong>IN</strong> <strong>FAMILY</strong> BUS<strong>IN</strong>ESS<br />

“<br />

I believe that many factors come in play when making<br />

that decision, most have to do with individual career<br />

choices (i.e. if I want to become a doctor or a painter and<br />

my family business is Electro-Mechanical contracting).<br />

My most honest and important advice however is: do not<br />

make that decision based on your emotions. Feelings<br />

of guilt or duty will be of no help if you are unhappy<br />

working in the family business.<br />

Rawan Issa<br />

Issa Holding, Lebanon<br />


<strong>WOMEN</strong> <strong>IN</strong> <strong>FAMILY</strong> BUS<strong>IN</strong>ESS<br />

“<br />

Gender shouldn’t be the determining factor in one’s<br />

ability to perform a task. Your knowledge, skill and talent<br />

should speak for themselves. The NAWIC reported<br />

that women make up 8.9 percent of workers in the<br />

construction industry. It may be a very small figure but<br />

at least it’s improving. Women are slowly but surely<br />

paving their way into leadership roles. It makes me very<br />

happy to consider myself as having played a part in this<br />

movement.<br />

”<br />

Ceyda Carmikli<br />

Executive Board Member, Nurol REIT, Turkey


www.womeninfamilybusiness.org<br />

www.tharawat-magazine.com<br />

Contact: info@womeninfamilybusiness.org

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