One of the family business giant’s owner asked us – Why he could not consciously create growth? Why is their growth pre-set by the older relationships that their previous generation had established, and all they do is fulfil orders? After admiring his honest admission and transparency – I asked him his definition of value creation.
Claim who you are, to become what you want to be. We can only harness the courage to become what we want by accepting our truth today. Our truth – how full of shit are we today? What do we diligently lie to ourselves about (thinking we don’t lie)? We inquire with the kindest attitude to ourselves
A successful family constitution is much more than a piece of paper. It is, instead, “paper in action.” If you want the ‘paper in action’, then you must know and assess the two critical enablers: Evaluating the above two is simple if you know what you want i.e. your dream for a family’s perpetual abundance,
In the name of learning, leaders secure knowledge and aim to do as per the knowledge – yet if you ask them, have they reached their dreams? Reached not in parts. But, fully as they saw once with their complete smile and melted hearts. Their usual answer is either a story for why they haven’t
What is a constitution? Please write your definition. Do write it based on what your definition is – not what you think is right. Compare what you intend to accomplish in future against the definition that you wrote. Does your constitutional definition deliver the expected future that you intend to manifest? Let us see with
I was ten years old when I came across the story of the Indian emperor Ashoka. He had ascended the throne after killing his brothers. As king, he waged upon bloody war to bring other kingdoms under his subjugation, building a vast empire that swept across the Indian subcontinent. But that is not why he
CONVERSATION IN FAMILY A BETWEEN FATHER AND SON: Son A: Dad, I don’t think I have the courage to pursue my goals. Father A: It’s not about courage, son. Son A: No, Dad, I see other people achieving great things, and I can never find that courage within myself. Father A: Son, don’t focus on
This is one of the most common questions asked by a family businesses entering their third generation in the next 3-5 years. They said we struggle to understand what precisely will get solved if we take on this vital long-term task for our family. By this question, they do not mean benefits which is an
The institutionalisation of the family is a major step of the century. This step will impact further centuries. This depends on the ideas, assumptions, and the motive it has been designed for. Many family businesses remain fixed on a point. When they speak to even the niche of the family advisors and experts, they alluded
