Why is my own ego the thing wrecking my succession plan?

Founders who can build a billion-dollar company often can't admit they need help with the family transition. The reason is structural. Building required you to be the one with the answer. Hiring outside help on the family side requires admitting you don't have the answer. The two operating modes contradict each other. Kris Kluver, in The Dysfunctional Family Office, has Ben Christoff name this directly. Trying to handle the transition with only his internal team was the biggest mistake of his career. He calls it that without hedging. His ego had convinced him he could figure it out alone. The 70 percent failure statistic is mostly composed of founders who made the same call.