Both. And until you can say that out loud to your family, the transition will keep stalling. Kris Kluver, in The Dysfunctional Family Office, watches Joanne Mitchell tell her husband Robert that he built the business partly for the family but mainly because he loved building it. It made him feel alive. It gave him purpose and identity. He missed birthdays, recitals, and dinners not because he had to but because building something extraordinary mattered more in those moments. Robert had been telling himself it was all sacrifice for the family. It wasn't. Pretending otherwise leaves the family carrying a story that doesn't match what they actually lived. The honesty is uncomfortable. It's also the start of every successful transition.
Did I really build my business for my family or was it for me?
From: Ch 4: The Norm, Not the Exception
Also asked
- founder ego built business for self
- was the company actually for my kids or for me
- am I willing to admit the company was always partly about me feeling alive