Buying vs. Building: How Taking Over a Family Business Changed an Entrepreneur's Life

Hafiz Mitha discusses taking over his family's business, modernizing operations, and the challenges of convincing previous generations to embrace new approaches for growth.
Entrepreneurship

Guest

Hafiz Mitha

Date

March 6, 2025

Overview

In this episode, host Tyler Chisholm sits down with Hafiz Mitha to talk about his unexpected journey into business ownership when he stepped in to run his family’s company. Hafiz shares the reality of modernizing an established operation, optimizing processes, and convincing his parents that new ways of doing things could drive massive growth. He opens up about the challenges of generational transitions in business, the importance of systematizing success, and why so many small businesses are ripe for reinvention. With countless business owners looking to retire, Hafiz’s journey offers valuable lessons for anyone considering stepping into a leadership role in an existing company.

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