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Jim & Paul Warner - Successfully Navigating Multi-Generational Family Dynamics [The Business of Family]

The Business of Family

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Is There a Generational Divide in Family Values and Bonds?

Mike: Do you see the full spectrum of this of children inheriting wealth and struggling with it or flourishing with it with the right values in place? Paul: I think your question is phrased well about establishing motivation early to me that helps drive the happiness. Mike: In a lot of our work, we help families codify their principles. It's like the sheet music and put it into a constitution, misinstatement, core values. But parental modeling of these principles playing by ear, it has to precede any governance.

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