How can you successfully prepare your family for the future?

  • A five-step process can help families build their home team advantage based on some of the same tools that help business leaders build teams at work.
  • These tools and strategies can help families start building healthy teamwork, communication, education, and family governance.
  • As families learn to build a family home team, they can also end the “shirt sleeves to shirt sleeves” paradigm and begin to build a meaningful family legacy.

In any sporting event, having the “home team” advantage creates a greater opportunity for the players to come together as a unified team to secure the win. When you think about family dynamics, very often there’s a lack of that home team concept and feeling of unity. Establishing that home team within your family early on offers the greatest opportunity for generational success.

Please see important disclosures at the end of the article.

 

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