The term “shirtsleeves to shirtsleeves” captures the enduring reality that most family fortunes are built and lost in three generations.
The fact is, not all the blame lies at the feet of the third generation. First generation wealth creators have a weighty responsibility and a priceless opportunity to influence whether their wealth and legacy defy odds and to continue thriving for a fourth generation and beyond.
Why our book?
Our goal is simply to share what we’ve learned from 30 years advising entrepreneurs, and to help you be a bit more cognizant of how these patterns might affect your business and your family.