Most Likely To Succeed

Seth Godin recently wrote a post entitled, “Most Likely to Succeed,” and then stated that “what we are most likely to do is up to us, or otherwise most likely be invisible.” Is your family business most likely to:

  • Create increasing wealth with each generation
  • Evolve as the market place demands
  • Have a culture of innovation that allows new family business enterprises past the original business model
  • Support children in their unique skills and career desires whether they go into the family business or not.
  • Pass on leadership based on skills and business needs, rather than age or gender
  • Avoid the use of experts and advisory boards
  • Be a center of influence
  • Be recognized for the positive qualities attributed to family businesses
  • Create a network of intergenerational family members supporting each other while building a legacy across multiple business enterprises
  • Become invisible after 3 generations