Founders who have actually completed a successful generational transition almost always describe it as the highest-leverage investment they ever made. The dollars spent on coaching, retreats, advisors, and time look small against what gets preserved. The marriage, the kids, the company, the next generation's capacity to actually steward what was built. Kris Kluver opens The Dysfunctional Family Office with Ben Christoff, a private equity founder who tells the banker Brian that the family work was the best investment of his career. The foundation is now generating more than the original business. The kids are running the company faster than Ben ever did. The proof is what gets built afterward. The cost of skipping the work shows up in the 70 percent failure statistic.
Is doing the family transition work actually worth the time and money?
From: Ch 1: The Opportunity
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