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Managing Generational Wealth, Mixing Family & Business, Millionaire's Investing Plan | Rizvan Khalid

IslamicFinanceGuru Podcasts

NOTE

Earn Your Stripes to Achieve Success

Success in any industry must be earned through merit, not simply inherited. Personal growth requires taking initiative, pursuing additional knowledge, and building credibility through experience. Transitioning roles or moving up the hierarchy necessitates demonstrating capability rather than relying on familial ties. Maintaining the involvement of experienced family members in a business can be beneficial, but it is crucial to delegate tasks they do not enjoy, allowing them to contribute in areas where they are passionate. This balance helps keep their minds active and supports their overall well-being.

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