Kris Kluver, in The Dysfunctional Family Office, identifies three things almost every founder fails to say outright to their adult children. First, what I want for you rather than from you. Second, what the wealth is for and what it isn't. Third, how to make me proud without losing yourself in the process. The Founder's Mandate is the document that captures all three. Without that clarity, most heirs default to one of two extremes. Overperforming, trying to earn approval they're not even sure exists. Or underperforming, terrified of disappointing the founder or frustrated at never being heard. Both paths breed resentment, shame, confusion, and underdeveloped potential. The three sentences are simple. Saying them is the work most founders avoid for decades.
What are the three things every founder needs to actually tell their kids?
Framework: Founder's Mandate · Chapter: Ch 3: We're All Crappy Psychics
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