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Doing business with dad

These five father-child teams say starting a small business together was a leap of faith, but they all agree that the secret to their success is trust.

John and Mike New
John and Mike New
Business: Home building

Michael New learned everything he knows about home building from his dad, John, an architect and engineer who made a career building high-end homes in Southern California.

From the age of 15, John brought his son to work on construction sites, but originally tried to dissuade him from pursuing a career in the home-building industry, believing it was too risky.

"He threw me in the trenches, trying to discourage me from getting into the business of building homes," Michael said. But, "I developed a love for it."

After college, Michael launched his own custom home-building company in Colorado and then founded DirectBuild, a consulting program for people who are building their own homes. "With my dad's help we put it together," Michael said, "we used our combined experience - he drew the plans and I ran the business."

Now the News own two stores and have recently launched a franchising program.

Of course, Michael admits, when you're dealing with family, you don't always see eye to eye. "My dad liked building one or two homes a year and that wasn't enough for me." But, "I know he's extremely pleased with what's been happening with DirectBuild."

Gary and Eric GrefRath

Bob and Rean Stucker

Mike New

Jim and Tom Dozios

Rich, Todd and Jeff Perry
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