Secrets of Responsible Parenting

Secrets of Responsible Parenting

Each family has made the best possible financial preparations for the future, setting up trusts that will make all family members very wealthy for at least two generations. But in each case the financial preparations were not matched by any systematic attempts to prepare the next generation for the presence of so much wealth. The parents want their children’s lives to be enriched by their inheritances, but they also want their children to make their own livings and not become dependent on or impaired by the family wealth.

Preparing Your Rising Generation to Sustain Family Wealth

Preparing Your Rising Generation to Sustain Family Wealth

After a family business has been successful and the family has accumulated wealth, what happens next? The answer has less to do with the business climate and more to do with the preparation and commitment of the young family members who must take their places as leaders and overseers of the family’s wealth.

Unleashing the Potential of the Millennial Generation in the Family Enterprise

Unleashing the Potential of the Millennial Generation in the Family Enterprise

With their ear buds and smart phones, young millennials are omnipresent; constantly in touch with the world and each other, sharing information and experiences, and adopting new technology at a fast pace. Also known as members of the elusive Generation Y, they think with the hearts, overflow with ideas, are ready to change and innovate, want to get things done and overcome the deficiencies of the past generation.

Introducing the Next Generation Family Champion

Introducing the Next Generation Family Champion

Timo Recker is a 29-year-old third generation family member of a successful German meat production company. While the business is successful and growing, he knows that meat production is costly to the food chain, and, more people can be fed if they eat fewer meat products. He wanted to do something that leveraged the skills within his family, which also help create a sustainable future.
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