Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    Borrowed from Your Grandchildren: The Evolution of 100-Year Family Enterprises
    Borrowed from Your Grandchildren: The Evolution of 100-Year Family Enterprises
    Borrowed from Your Grandchildren: The Evolution of 100-Year Family Enterprises
    Ebook955 pages17 hours

    Borrowed from Your Grandchildren: The Evolution of 100-Year Family Enterprises

    By Dennis T. Jaffe

    ()

    Read preview

    About this ebook

    Families share how they have maintained and grown their wealth from generation to generation. 

    While creating wealth is a wonderful achievement, business families are also concerned with how their wealth is used to support their values, the lives of their children and the well-being of the community. Over several generations, families who are successful in growing their wealth have been able to reinvent themselves and their business in the face of significant environmental transformations and internal differences cause by family dynamics. Borrowed from my Grandchildren is a fascinating look at how large, long-lasting business families succeed across generations. 

    Author Dennis T. Jaffe, one of the leading architects of the field of family enterprise consulting, has interviewed members of successful, well known, 100-year family enterprises from 20 countries, who serve as role models for those wishing to see their wealth positively impact their children, employees, and communities. Half continue to own their legacy business and others have gone on to become family offices with a portfolio of shared assets, but all these families have sustained their values and identity as a family over more than three generations.  

    Offering the collected wisdom of nearly 100 global business families, this insightful book shares the real-life stories of partners in business and wealth management over three of more generations. Families that generate rather than reduce their wealth across generations, known as Generative Families, focus on engaging across generations and develop collaborative governance for both family and business to ensure responsible stewardship from one generation to the next. 

    This unique resource:

    • Presents real-life stories of families sustaining wealth over generations
    • Explores both the successes and failures of retaining family wealth
    • Includes rare private insights from members of prominent wealthy families
    • Examines the nature of global family enterprises and their evolution over generations
    • Discusses the financial, human, and social dimensions of wealth

    Borrowed from my Grandchildren: The Evolution of Stewardship in 100-Year Families is an essential read for family members, non-family executives, family offices, estate planning lawyers, family business consultants, trust officers, philanthropic and foundation advisors, financial advisors, financial planners, CPAs, and other finance professionals.

    LanguageEnglish
    PublisherWiley
    Release dateFeb 25, 2020
    ISBN9781119573814
    Borrowed from Your Grandchildren: The Evolution of 100-Year Family Enterprises

    Related to Borrowed from Your Grandchildren

    Related ebooks

    Finance & Money Management For You

    View More
    View More

    Related podcast episodes

    Related articles

    • Article

      Beating The Business Misfit Blues

      Oct 20, 2021

      Beating The Business Misfit Blues
      1 min read

    • Article

      The Coach Takes The Field

      Sep 20, 2022

      The Coach Takes The Field
      13 min read

    • Article

      One Of The Toughest Questions For Wealthy People To Answer

      Mar 13, 2018

      "Dad -- are we wealthy?" That's the exact question a seventh-grader recently asked of a client of mine. In the moment, poor Dad didn't know how to respond. When we later chatted about the situation, our dialogue went something like this: Me: Tell

      4 min read

    • Article

      Upfront with Amy Lo

      Jun 2, 2022

      Upfront with Amy Lo
      3 min read

    • Article

      Common Business Questions

      Oct 21, 2019

      DAVID HARLAND is the managing director of FINH and works exclusively with multigenerational family businesses. He holds both national and international accreditation in the field of family advising and family wealth. Operating a family business has

      3 min read

    • Article

      Family Governance Starts With Affinity

      Jun 3, 2022

      Family Governance is not a buzzword. It has global economic relevance. Stellenbosch Institute for Family Governance, by SFO, partners with Stellenbosch Business School to pilot AffinityLab;a family focused research incubator to nurture and stimulate

      2 min read

    • Article

      Your Kid Is Moving Back Home? How to Make the Most of It

      Jul 23, 2018

      It's true that, statistically speaking, the number of college graduates who move back home after finishing school is on the rise. In fact, 28% of recent college grads currently live with a parent, up 8.8 percentage points in a little more than a deca

      3 min read

    • Article

      Family Fortunes:

      Sep 19, 2019

      Family Fortunes:
      3 min read

    • Article

      What Matters Most to Children of Wealth

      May 27, 2019

      There's some good news for high-net-worth parents of Gen Z (ages 16 to 21) and young Millennial (ages 22 to 25) children. According to a recent Wells Fargo study of children in families with an estimated net worth of at least $1 million, these childr

      3 min read

    • Article

      The Start-up Families

      Sep 2, 2022

      WE NEED TO look at modern family businesses from a different perspective than the old families. A fair bit of transformation and professionalism is happening there. But they are grappling with succession—in essence, how a family structure, or a famil

      3 min read

    • Article

      Welcome To our Csi Edition

      Apr 19, 2023

      To the best of my knowledge, no other publication in the world delivers such 1 immediate and direct benefit to its vendors as The Big Issue. It’s a simple, yet brilliant business model as much as it is a good monthly read. This is just one of the rea

      4 min read

    • Article

      Sustaining Wealth and Legacy

      Dec 3, 2021

      Sustaining Wealth and Legacy
      5 min read

    • Article

      The Real Secret To Building A Great Family Business

      Jan 8, 2021

      Why do some families succeed so spectacularly at building and running a business, while others work their fingers to the bone and never really make it? There are numerous reasons for this. Some are in the right place at the right time and find, or st

      2 min read

    • Article

      It’s Never Too Late for a Family Meeting – Here’s How to Do Them Well

      Sep 1, 2021

      Jane and John, who are parents to four adult children, have amassed substantial wealth during their careers. To experience the joy of seeing their children enjoy some of this wealth – and to take advantage of the current high federal estate tax exemp

      2 min read

    • Article

      How I Came to Befriend Economics

      May 16, 2018

      My father taught many subjects, but he specialised in economics. He really did love it and encouraged me in high school to learn about all things supply and demand. It was not an unreasonable suggestion, but like any normal adolescent I used it as an

      3 min read

    • Article

      Letter From The Editor

      Jul 1, 2019

      Visionaries. Many people have the edge to make a difference and the power to actually make things happen. Certainly, there is no shortage of brilliant ideas and doers, only a shortage of visionaries. Visionaries are people who are ahead of their tim

      2 min read

    • Article

      Love Doesn’t Always Last

      Jun 18, 2017

      Love Doesn’t Always Last
      5 min read

    • Article

      She’s The One

      Nov 6, 2023

      She’s The One
      7 min read

    • Article

      To Successfully Pass Down Your Wealth, First Share Your Intent

      Aug 22, 2019

      Three children -- one is business-minded, one is a teacher and one is an artist -- grow up in a wealthy household. While they understand their fortunate circumstances, they don't understand just how much wealth their parents had accumulated. The pare

      3 min read

    Related categories

    Reviews for Borrowed from Your Grandchildren

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words

      Book preview

      Borrowed from Your Grandchildren - Dennis T. Jaffe

      ݘIdbook_preview_excerpt.html}֑ۖe5ɲdgڔF\ 5%[ˏJH  ~/yq9q~X KcGħ4C٧WØyQRC4j>}ُ~O|/\kW~?vtjǹ^?뮫ھOcJ}XOwSTco걾s'ש:\:&|g|O{Vn.Uñ:kg(ztIcU 9M_ ot}j:\jt=|w՗5SW#TOЧuO8̼vUn5~HX5toF6K߽-a;}~Dgy|ܞӎoNZ5_H+:W9c;NsuJT[u֭,=vU=k{:q~ ׊mܪ5tkC#'YT7p9 ZzE{䍟TU? mSDtzvN'y\uf%3q@3'xGG}⣠[z\Otzkߌ3Qൟۮ{'4rt=WK%d:L FZ~zw+x+xP7yLIHJ% Q\쎘\-㱝Oy`R9=M~*8<~pH+:Б4c_0W_> LE(J˞H2"!9vNCGWs:3IӳodvhmIb/~hӣQ -U8 HD4kk>`Gns{e7uWy3fO!YzPN}O )4A465aN::>M7ͼtNJ,҅lB1N|5ɶi$GL6uZF: ;$.# 6 SK/y$"HK<$X~ԓ[_}[~gy"Ab"Ȝ ]* &dvÔ/\-(aK:05*HNsT9iFWbQfi.y:ͩXE1%^rXmdE`wcweo bi,h |l\0d\裦ot\z!NY =NuAvM\9L3->]=-H|u)%zڿۡ N|c @Spg:1uꍨBGAaBYk;uN5^gbԈGKt==4b^{DyM&$Y!/eoe.lbsjiciL,ى`zx5[X;QFoaΌEvQz2 >_$Xu,=oQĘ} M9*QgR\y6^= D% H>ȅ}J- sR-텈yTl׼ڏ n^3$;kl,.$mmcVI A] Qr@aYAVhmt"K#>! *"Z[ |rdJLvQkɅ/׈eD泑ROj]aIu;Mܾ QhTeJMKy"amYvGC3t&쵶9pEgk1;8U=D7 4?'xhwiN%ˊ۸wwtx\ PewXixfY/=҇i~ll)cxΎ^eue R| ?tIh'vT:pI=&oBś7yMg' :eoBL*OH5'Vߏ5+HŇD0J" 8sD_p /l)ݏy'E/~dd= L#wF>T~m=spT!6tH<%…l'W|x!Rg3*gnʣ AW5\G:ɥc>;ӂ &6r8`L|倢=1VtayxQPBI=)VMbmM a?'fa N͎bZ΀Ķd~3gҐ,Yj(Q_;dIQ##/3s[*ٯ-sw|CxeiG'9Xڇ)Aa(Eud/ԒG Z:! Vlfݕ?#dvV0 |I4wĜNl?4>Frjت.ӿ.*//2mЁT%!A'T of@YH'tirHlG_>X$dbODY0y)͒1oC2M]"@!XJsfm^Wd`=cJ/̍t3nj7ɨ -=ҁUj鐖z+kzcCB]M+x0LiVS6ST΅a2z[0M޹xc;,*2hIKڏj[Lk zu]jv|\VB<['OGG8hAz #˃VHX]nEAܨ*=:NiW&y\28korV|x8Mr'݀?f,e|4_#3,sF݁ǚA~TXvc$O[$֧%ސT?X@UxF*9/Hݲ@-\v[:U<7V>?oL#HJX0,94\'jtOdq`] ]QEeoZoAArC@n Yb BYZ0b"j &H>d6e*Ɋ)n'ى=#fOT0l L=:^]S}d5uL&=Cz'X&#~;jl08LH%2g2υ޲AAX[3;)n w S5d)baGHdţq#]ҮxȣYdv0Ai|,X6ufF3f4޻,f>!LZJK el{kdEgA5! Eq6Wzxϗ2p>D*2_[ 1# >A}Ar$̀r]EB _:3 4"-py" c_(}JG43?~9эTe`0Zr3 {VfD,kēNcZ(n^9U@i/߲!8i$Zמ$kVRbPXpZu&7S'gJM22Ɩ==Ol ~ sC>W(sE3t#-۫Um)=W< =FF 9AXߌ Y0iΑTf;"hC0Bzİ,"N2IZؗ8ʿb22rnP8n/#qm5Id4Ƶc!:wAN#Y<0o ,!u| V~J϶x毟 joߐZ`,V|^7t4:?հ1%zuQ ]z3V="Xo,Q5#Nφv!"eq'.QWRVJ<W8 %DŽzAJT=5r+@į**! /!6̸5gƧ״dq@?7Pe|IE#E2J(`r61s&WD%wfG !weWI<A(PA _s!hT?c(͛Ehx!Iȱ`㸸'ɇv|ͩ( Y-P'rL&~9&wU+!!]t_.8uF(#z} G!Qִr/N* nUCX YCjtD„9N$$—KדEsb|Bb=,IUpǑ9c  B5EA ?S 0LuV_79hKM XIUsjzhyӣaS Xܿሾ$seY/M>;$nq{?ZԖH/qyT 'ZP@W@"m"ع4B[NNX@(E8H>'(c+EL9x r1ϥrac:‚uڤ& XR1u׫{UCz[1bHT\CX-sC[Ւ.C,0c ՠx,76y.d݊7ۭy|8e}k2f,vY!έ_Yxe (b"dWBrk}:,]^_t$櫟"ץgd J(eAkFE 5_oov=PTR9$, BUZ#SdlXRp4$a';ڝcWKAL6W9Yl+MX7 j1 Ec5d{h-:NaXz3K\n&@ 1K{D|2<=q;1ɱWĥ7斢G-is r /q|抋cU:_HGOӇ hi@UHc 9ic݌@ %f7qʼn&\9G&5 Y 8'q!(rOAT$srݰGr[!?d O@*B&KQSeٌD?F{]`1T^FŔirI>?D}{7l/AONXL7Iv7+F}BјGMUf-kީZ"QDCvq??!UFQ{\dp'I_::җqϙ0AN><}ӣ;!# B_ 6#RJ B<] )ĩɆ,G}`Du5׆]&JZ@殤^ӦbS`N^l똛m鴿VtYaV9๢8^WQ9=%Nmƪ4O9th=]ɇ_-Md5UV'~izmA[CDM!PNȶ_VėZ+](#~7b;C(ܓ{ n@b%ikV mqBF6:O!qH 4/M305Q}WϷH׾.3yX#]7𚵚ڷS!f2?^+>W.~d1%5 z)W?Ke{\F$[>|{WksB1ӫZe0 #Q79Pti4zSl}4t"$^ ecKu e QKI0Izm>]NkZ1C͵0_Ƒ,Րɪ2nH֒UvĂPb]rKPSkuOڤz{#!OZ^,B 0aכ3Q3lUS:gZSC\:PQ ;͏x&Q!*̡pDdX6\guzF,*8MQǽ--D_s"=`ѷK?=d3JI͊[YA״{f!> rpaydF27L,YBW9ibfBj4} * ,@pڌoXBFbdohbt'w? ? /EUφK%{Es~g@ebOأA@mܡl~]t_a+Jz***5Tnrq voK~Fl?MzqF}o&\ jR9p$ңB8ׁMbd "ױ3:_z|)@ [%PpDsy(:} L9X+fo줽 g郅84*=mm ]H(gyr[p.Sjvz#Qa5 MNDC7pXՑ#rAܛf{f w[npi9.q|mnѰd ʻџNZ-Y l!v!5Kz9I2 H]ڈc-}a=" 6g.Esݩ/7̴ZLKKME7=[Ug{}šbOl( Ad/o'AȄMl FX`{0)yiJ/ >Lg?<,ůaY.UiC,,|ԥƥL9RЏKA#{7:[0F5eڳ67i<3 B+twtK ]utA1'QD.峉>>(ˬ~ԷcyDdf6킨W~Pg}ҧ+,KW0Jлk =~!HV6s7ej,vm&K;]廧nmӘa"΁,.tֵ;֠eٖc<`ULϿ6\ HJ /X>3`A~.c$A"k-ZjK]nma};!s9YP;4f|~D|n]}aUh ߟ`G|ϐT}:Ӻ#?}Gn5q~=pd ez.Y$,{K @l6R#?*;֣ 9Cj?qd8&'7%8]hMd~&D&;o?׏vP?q+/p ǤF2@oJvד%"wİ6%q_ 'dAlTs{3`qtqM /_@FnwPpd ^ض!ma/Qpu? t k=u\qe']^Pϊ#`@J,$  qJN`D֎N. 6yu%SjNNbZe)EXf%|!3t;*qs u[Y_¥oC)99[h6, H@JZA -)-g"v sczfJnלn.}F^gS]tmuHf6Ug# 9p6 uyDlcyJ5u}Ob0/;}ҹjy_+  ;\9L HDB]%2jEqhu&eӅErsf[ AJ'(nw6re&,O%|A @>fyF X>mČb uq|FHQ`>i 8~@pa)7xӷ=y=nn$U ȴ kVñOy!|s0LS͌q%7q@Ze3/-!,I $bLv/_ q6׶C"/x$AnZ4euzU1*bI=iN3%ͦ/f3|{BPϭDd9K뙬]GCĹ $q> џ3D-2t>v|Wm/Č<3ŏCQ.;jFzԏZ_V[*/S iX;O(eDKmp%1>)9fK(=q _k[I7l6m.! i,ڰsJF}WRV_ցa8l)$ูͥls-GfRau'lvW,.b۲2$EyvUA-=Wm#"D %dymꄞG*!_W??_{54{kmZօ%iu g Aʖq8\'.QMh p~e=iA+Ht9weFX^u|$: a2Rｕ@ql!3qX8 _9㯖s`MHFwLeC:8n]Jd<A͈9ΆVr#;?rBYDz8GJ%nvj ~ki(nՓ#9)68]g[&&Rpuޅ؅yhX|뛗.s G]úX | 6*n:lZ/d#8s slhFX(RXa00 4Bn3qd\'*=ϹKxP lYF)c1= 5] ? HuJA>ZRdΎ5Sn-]5 mϱUZ>H m$2h"`IjqL^yR#ٓ|fG_{aN.j >hZtဨg{V<ɽogb;R,]7T812gQ lP*Іr=u}čIA=aA!slVhǐlTobZ%}JO ڌd :(qٱh2\Oa1bJ>{^ r&1#QjhI#($*%,;x Z ;k%drŔOfАbQ[=bv-yw[I+f_kHsqZS1%/J`JҞ9ެZ}s7a6nfud)005c>Gt.BJK|)6pC(,H1>Yˈ*%#ϙuֲh-X\0dWI싢6ٚMLYS%FcC?{iy$Ks#1FFjlNy&vO2C'(~_g' tK6dLs sVK RwR& V0ptm9)a3|8l%+iøsmA,CC6`i*:o8*Ze%z8}c>G3BE~"D_5:2d#)h#76{Ryc7W]oW)R- S-`e>ŢѓxV-ҚշNՋ.}E#/e90<ӹ H h(:W-` VqMp5j>Hhc+,Ncۨ}筫raIPK!pkq.y?^r $8!. @8 SC$Cܴ&B+Ғ$MiVgʅ;b^%>K;cjK.C 0vݘgE_#cPk Nx]!pqbjZ#>1c*mDfK ǵ(ll0̲^.#"p$#!y{lQs!Q _.:3QȑuW%2ڐIG~ZY+X(s2m.l=V9Z>ϛE`Cad/ ?"wp†pZ&Nv.%MUj}$bc$u E*| ˒%2h)1w$L\˅75K3Rz)P9SNC+\b[f-(30r<4сca+kc@q`\ZXPς*=6l[;;} DY (9VXůht8[4ͤP[pҾl[5 ؉m¤VS vlax=Bԣʏ'bm.LdFtV3b+ ]V\)RO!Tye4i?+͢fcw߸}&W}i(;2cs:|idWM9  N2 |$c\s\dR59jIb, I_:ɢ[7Do\ @t<}8.?VkA[c|bbs*FpfS?q pJSZbgmBñR\(cYC;0-t} ,o}Qz9$P&hy,TGp`ΥKEA' q,c<1}GʣMkY/S82QۢJzѺhX5w1sThy0 DiBmq,ae]v/#5{j28PiɱE=QB հ(y`6g5{w)\duqZ>ѿ^(@xIh{fyO[+,vaċgv֩#u|xި0?C,1>o2s Γhh 1|_X~"+؜Iq*sxW5.0 "3;hW쏾j.K/22}3w:;Rͪ}C Iljqq".OԻOg ~:S=&yT9L[P]%ؘ-@Peفq`? oi{KK—>:'c)G^DA C 00vFci9_uű1S:KVRZA@zװ"FOɢV'X0;oS5xڸ61JB*U$>]#c7ʄ|z$L@l[T["}NX„lCoL=5HnjY2=-Siuqw,Y iX=  DfKX[d|V;k#1.%Bc$ވܫ=uK 8 mS3lYѷ7Z Hrir.5sbsdr9&U[N˒]X8z>vO6dC6zZ-`疚_!oh=v[IAAXb4[Qr]X[6p.~y*qVV|0qrC,q/]4 hhLҠrB5ӡ94n?~?~]KX ?|$9Ԯk18W9?ŋ߳ϷGxe,0=B7ݾF^{E4e/j om#>(_͡tH((O5Թ*I߸ʈ뻞MYoLPL¢?0b?|yǕ\H_ojJ>9ش<:s~*%QmLEzH;IE@Z \,ΉO=4( M!WIo4Hd Җbƪ<5<0 ܥ^{[6yupE\l]߄ K ` m y3]|ۀPO۱'57ǺK 1YyP!^VL*y{0"6"114t WY.1u|me_OeE&γ0YՏDg,"zT ^flw(eՎȼzNHvˢYOګﵒ599$/7'}*[Q E%ȕY r`GCOA/y#ܵltNgmj9ũ\1 2>(aSF}k  E%ٞ-N!JRL-ZNSu& )WL{o`}z=판Z63`YPMeY cA1;Ki4PkLܢAH-ss4.Vb%L5%ۅWRy`.bQK%edއ iu9Qݕwycͳv]}m1G`V3$29B ??"k d1(8R[sU:mRV#$N&U?7="PڥnQ oTPu-`Oshti˦z$D kvQBP6;YKeN3"4Y=ݑP?Wۆ(HruIҵ#+qjNL~JehّٙKvp@~ QZDԂJ !9HU{8cC-ҠLGq oDs@8AvkGQ|9}Len-E$~T-ɲxzcH67O^/1}!KJrU{6,ގ0\Lx4:ԗ>%g^-3<Y:/̵óQvhE_@_1 $ĵ?#9HMwV~> k= CoMjy5heZIѕ~(qX܂huI:7]8he M1#X9g&#ID<i*דV: IuyLa2yYz"C5JN,⃎ 3fҨ,+> z:FAC Jit!XiēpU4Fa+엘DiD2PsPY;}Ђj3L50<%&\ +YFI_\耘z<6r%׬2BK%! ӣ%G>fCPXBɊ\J'jݗ)7tN[^3^ȓp:#sSI5FP7[(x;@tA@U ցhvqxvJ4t7I[K܊4.kixt97DN(qP/aP !SFڡy Tv! kaxՄڙ#+y DZoBYl ’ +ismN h"۳n~J-m{;7+2qSA7=f̯RtP[_`1!CiYWa[6*󌸍JXí#ҺS,(rBWp}jFi_at粙7+jWD]GTOR^qfxȴ -v@z9pmiYMRzP`OUbS`cjeTexمbi'9%Fy2_&+2|ӋJ#b Ik+A]]Z@CiO G+%[e,/-EM=Z)P% @.^#~+8`\IDShcYC8ڜ inK腅M`B {ye~~}ln5@.J̙G{l!,*yLJdùiG#t+\Ud\)/tEAPSy<O1\ 5ϖP/5/RC1;YxIE~"'lx86p+(cSYP$ نoY)]WZF77֪G([4R-v7[ (H~F?h ܶEʇ).EN s!b-G[KA&Vqgu$YD]zKɘzrH&Lqɱ(f %ڃHx2OH ,SA*17,5R4VX<ɂFRl@S@Ej\pY}Q7C|Ç!jxk!=_9$-Zб6Nt?*?!y#(uph7I#i/n%lS"⮎_ģ3*M{ =z8C1Q˕&y!g@l哋*40xoՄ!sW˫*3y4LͬLc h)="]BCŭhrRaC&z$RGfn-)+0ixbKƻ2[~Xg2!`WN