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241: Beyond the Family Business | Five Business Leaders Cross-Examine the Family-Owned Model

Listen to the COMPLETE EPISODE Below (00:29:32)
“There’s no blueprint. Every family-owned company has its own DNA, its own thumbprint on what family members want or don’t want from the business, and what they want from the fortune that has been built varies widely. But what must be understood is now that you have this pot of money, it has implications. It crosses beyond a finance logic to a business leadership, to a parent–child relationship, sometimes grandchildren relationships. So all of those more personal attributes and emotions that are in there can get jammed up.” –John Waldron, Waldron Private Wealth

 

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