Like they earned their own lives, not inherited them. Kris Kluver, in The Dysfunctional Family Office, watches Robert Mitchell write his Letter of Wishes with this framing front and center. He wants his kids to have opportunity, not a guarantee. To understand the business, even if they don't run it. To build something, anything, that makes them proud. To feel safe and capable. To feel they earned their lives, not that they were inherited. If the kids choose, to build something greater than what he built. The framing changes how the wealth lands. It signals that the parents see the kids as agents, not recipients. The wealth becomes a head start, not an entitlement. Most founders mean this. Almost none of them write it down.
How do I want my kids to feel about the wealth I'm leaving them?
From: Ch 5: The Founder's Mandate
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