Runnning a Multi-Family Business

Trust And Respect

Kaloyanides talks fondly about growing up with his cousins. Burruss considers his father's partner as his second father, and his partner, David, as the brother he never had. But it's more than affection that keeps the second and third generations connected in multifamily businesses. As Burruss puts it, "It works because of the respect and appreciation we have for each other."

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This article was originally published in the June 2000 print edition of Entrepreneur with the headline: Team Effort?.

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