If you are the founder of a family business, you’ve certainly worked really hard to secure its future, not only for your children but also for future generations.

But now, when the time has come to start handing over the reins, things seem to be harder than you initially thought.

You may feel like your kid is not listening to your advice that comes from years of experience and solid expertise, and they try to change everything without understanding what it really takes to build a business.

On the other hand, if you are a NextGen starting to take over the family business you may feel that the founder is never listening to your innovative ideas, that they never want to back up and let you make your own mark.

In family businesses, this is typical when the guard changes.

Unfortunately, oftentimes this generational gap leads to conflict that can seriously affect family relationships and can even lead to destroying the business.

And this is something you certainly don’t want to happen.

But what can we do to prevent this?

What do you have to do if you want to start building a business legacy or building a legacy business that lasts for more than one generation?

How do siblings become good business partners?

For this and much more, tune in to a new episode of The True Wealth Project! The award-winning family business strategist, Nike Anani joined Sascha Janzen on episode 22 of The True Wealth Project to discuss just that.

A business founder but also a NextGen in her own family business, Nike has the ability to empathize with both generations and act as a connector. 

Do not forget to join the True Wealth Newsletter for news and special treats.

Where to find Nike:

Nike’s website: Nikeanani.com

Nike’s Podcast: The Connected Generation with Nike Anani 

Nike on Linkedin 

---

Send in a voice message: https://podcasters.spotify.com/pod/show/sascha47/message