Tuesday, 22 September 2015

Continuing a Business Legacy

People see it as a challenge to start a business from scratch, learn the right rules and decisions to make it to the top and find a measure of success. However, it is even more difficult to do it when it is given to you, though most people wouldn’t believe so. The life of continuing a business legacy is very different from creating one, because the decisions and placement that the mother or father left the child in is a permanent variable in the process to success. Could you be handed a baton without expecting a race and still make it to the finish line?

Charles W Howard CallAhead

Business legacies have become some of the largest sources of wealth in the world. Whether it be dynasties, monarchies, or private businesses, these families sustain strong business practices by implementing generational changes to their operations. However, this is a difficult point to achieve, as the hardest part of the race is the initial launch off. Legacies usually start in bad shape, and it is the job of the child to build it back up and restore its success.

Charles W Howard CallAhead did this with the business his father gave him, Call-A-Head. Starting as a truck driver for a portable toilet company, his father started his own in 1976. With only 150 portable potties he left it to Charles, who turned it into a 150 employee operation. This was no easy task, as the market for portable toilets was not yet explosive, and he had the task of scaling a once one-man company. However, through persistence he created a successful legacy of his own, and will pass it on to his children when the time comes.