Family governance practices actually support the growth of the social capital of a family.
David’s Articles
David has been writing and publishing since 2006.
Don’t Worry About Three Generations, Maybe Gen 6 is the Riskiest
Dunbar’s Number (150 people) poses a real challenge for the rapidly growing number of 100-year old family enterprises
Success Depends on the Mission Statement – Choose Carefully
There are only 4 possible mission statements for a legacy family.
Rising Generations Need to Understand These 5 Dimensions of Life
5 critical dimensions to consider as rising generations emerge within a family system
The Centrality of Investment to the Legacy Family
Life here is in fact quite binary – either we can be busy growing or we can decline. Families would do well to be conscious of this fact.
Pursuing 100 Years is Tough – and Not For All Families
If the family does not see a path forward as a generative group, walking away still able to talk to each other is a far more preferable outcome than continuing full steam ahead until the train runs off the rails.
Mission Statement Conversations Are Beyond Important But Hard to Have
Structuring dialogues and creating space for rich, mission-oriented discussions to begin to emerge is challenging
The Primary Risk for G1 Wealth Creators Starting a Family Office
For the G1 wealth creator starting a family office – it is the family office that will become the first true ‘family’ business.
Wealth and The Irony of Ownership
The implied contradiction between a society that promotes ownership on the one hand, but has tax and other incentives that discourage ownership is worth considering more deeply.
For Wealth Management to be Worthwhile, It Must Include More Than Money
Instead of being philosophical, the meaning of wealth is the most pragmatic discussion to have with your financial advisor
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info@davidcwellsjr.com