EP1: Legacy or Entitlement? The Harsh Reality of Family Businesses in India| Nexxt in Line with Mohit

What does it really mean to be “nexxt in line” in a family business in India? For some, it's a privilege. For others, it’s pressure. For Nimish Arora - MD, Aarone Group, it’s a journey of turning legacy into leadership.

In this powerful episode of Nexxt in Line, hosted by Mohit Goel (MD, Omaxe Ltd.), Nimish shares the highs and lows of inheriting and building upon a legacy business in the Indian real estate sector.

From outbidding giants like DLF in one of the highest-value auctions in Indian history, to managing the delicate balance of a father-son business partnership, Nimish opens up about what it takes to prove yourself as a second-generation entrepreneur.

The Reality of Family Businesses in India

• Only 30% of family businesses survive to the second generation

• Less than 4% of legacy businesses make it beyond the fourth generation

• Many next-gen leaders struggle to balance tradition with innovation

Nimish Arora’s story challenges the stereotype that the next generation is “entitled” or “undeserving.” Instead, he shows how responsibility, reinvention, and resilience can transform a family legacy business into a platform for new growth.

“You inherit a surname, not a network. You inherit resources, not credibility.”

This episode is a must-watch for entrepreneurs, business students, family business heirs, and leaders looking to understand the future of legacy businesses in India.

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