The Duke and Duchess of Sussex made headlines when they announced their decision to “step back” from their royal duties in favor of greater independence. While their desire to step away from the pressure of the royal spotlight is understandable, even commendable, the announcement reveals how fraught separation can be. The suddenness of the declaration left the public wondering what happened and what this means for the future of the monarchy. The Queen swiftly responded that the conversation is in “early” stages. And the media was filled with stories of the royal family being “blindsided” by the news and people picking sides. Though the British monarchy may be more famous than most family “businesses”, the issues that arise when a family member decides to leave the business are not unique.
Is It Time to Leave the Family Business?
For most people, deciding to make a mid-career job switch is not a big deal. But for family members in a family business, the decision becomes far more complex. A critical misstep in communicating your choice can lead to a permanent break in family relations, but paralysis can result in personal bitterness and regret over the career you could have had if you’d chosen a different path. Before making any big moves, evaluate where you are in your own career development, why it’s not what you might have hoped for, and what you can (and can’t) do about it. Examine what’s triggering your instincts to leave and then separate the reasons into what you can influence/change vs. what you have to live with (or not). For example, if you have a different opinion on how the business should be run, consider whether it’s truly a deal-breaker. More often than not, individual operational decisions come into focus over time and lose their immediate fight-or-flight response, but a major strategic shift or a constant pattern of having your opinion overruled is worth fighting for diplomatically.