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When the Folks Give You the Business – WSJ.com

July 30th, 2010

But when sales fell short of his goals, he relented and asked his dad for advice. “I told him, ‘I’m going to follow what you say verbatim. Tell me what to do.’ From that point on, I started to have a lot of success,” Drew says. Drew has hired two employees, his income has risen and the business is growing.

Some parents look farther ahead, hoping their child’s business will support them in retirement. After supporting his own father in old age with proceeds from his Canton, Ohio, restaurant, Walther’s Cafe, Mr. Walther says he hopes his daughter will do the same for him.

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