🧵1/9 Watching how Family legacies and dynasties, arise in the Carrington family's
raises questions about how such businesses are sustained through generations for me.
#outreach #threadstorm
🧵1/9 Watching how Family legacies and dynasties, arise in the Carrington family's
raises questions about how such businesses are sustained through generations for me.
#outreach #threadstorm
🧵2/9 Fallon's determination to preserve Carrington Atlantic as a dynasty makes me realize how important hard work and sacrifice are in maintaining a family business.
🧵 3/9 The highlight is many family companies are lost in three (3) generations, as Fallon points out: Moneymaker, Caretaker, & Undertaker. But she aims to break this cycle as the fourth generation.
🧵 4/ 9 The Carringtons' story makes me question the secrets behind these legacies. Is it charm, careful planning, or a combination that keeps family legacies together?
🧵 5/9 However, it's fun to imagine they had strategic discussions at their breakfast table, where they strategized to ensure the family stayed united and moved the business forward.
🧵 6/9 One thing is clear: Building a legacy requires dedication, an understanding of wealth management & market dynamics. It's about making sacrifices today for the benefit of future generations.
🧵7/9 Those who built such legacies likely defeated instant gratification, understood the power of money, and left behind a lasting impact, inspiring both fear and respect.
🧵8/9 If preserving a legacy seems impossible, start within your generation. Lay the foundation for your children's future, and they may continue the journey to the next generation.
🧵9/9 In the end, it's about building something that will stand the test of time and inspire those who come after. Remember, "Build it, and they will come."
Read more: Dynasty Builders, Legacies & the Art of Generational Success