Father’s Day: 10 business and life lessons I learned from my dad

When my father started his business in 1975 with $16,000 in his savings account, he was 27 and scared – yet determined to listen to a loud inner voice calling him to help others. Forty-two years later, having grown BAYADA Home Health Care to a $1 billion organization with 25,000 employees serving more than 100,000 people each year, my father announced an innovative and unchartered path to succession. Instead of taking his private, family-owned company public, selling it to private equity or passing it down to my siblings and me, my father decided to put mission over money by transitioning the business into a nonprofit that he will steward as chairman beginning August 17 – his 70th birthday.

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