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I've got the George Baily complex--should I run my father's long-running business even though I don't want to?

Do you take over a business that has had some success in its 25 years of business even though your heart isn't into it, or go totally into a business that could be a big hit in your area?

My father started a home improvement business 25 years ago that has had good years and bad years (more bad than good), built a strong name in community, but does not have a lot of workers, leads or business coming in. Some say that I could take the business to different heights, but my heart is not into the business. I'm only good at the selling part of it. I want to open my own business or franchise in my area. What do I do?
Tim Berry answered October 1, 2007
URL: http://www.entrepreneur.com/answer/221167
Tony,

Wow . . . a lot of emotional decisions to make, on which I am no expert. 

On the business side though, my suggestion is to run the existing company, turn it into something great and then sell it and fund your new idea.  Remember: The biggest challenge with running a family business is the question of whether senior family members let you run it as your own.
If not, then go do your own thing.

From a pure financial viewpoint, you will generally make a lot more money a lot faster over-hauling an existing average business than you will starting something from scratch.

All the Best
Brad
Tim Berry is the president of Palo Alto Software Inc., based in Eugene, Ore., which produces business planning software. He is also the author of 3 Weeks to Startup and The Plan-As-You-Go Business Plan, published by Entrepreneur Press.