Even though our children have led a privileged life of luxury we want them to be frugal, ambitious, hardworking, focused, and street smart. So how can I pass on my middle-class values to my children even though they were brought up in wealth?
The journey of entrepreneurs is tough with 12-hour workdays and sleepless nights when they did not know if they will be able to pay staff salaries. Often firefighting all day long with barely enough cash to survive another week. They have fought street battles and been through a trial by fire which their children never experienced.
So here is a list of things they can do to help the next generation develop the capability and resilience required to survive in a competitive business environment.
Family Business Advisor.
Advise leading Family Businesses on Next Generation Induction, Succession, Family Unity, Mediation, resolution of family conflicts, and professionalization of family businesses.
For more information about our Family Business Workshop : www.Partners4Growth.in