Are you afraid the business will fracture your family? ...or that the family will destroy the business? Every founder and family leader eventually faces the following tensions: Suffering the emotional burden of resolving disputes between those they love most. Fearing the business and wealth meant to provide security and well-being could instead become the source of conflict.Worrying that what they spent a lifetime building could be damaged or squandered by the very people they built it for--through lifestyle, poor decisions, or lack of preparation. These risks are real, but they are preventable. This book shows how. For more than two decades, Alejandro C rdenas Villa has worked with family businesses and family offices across continents, both as an advisor and as an internal executive and board member. Like high-reliability industries that learn from accidents to prevent catastrophes, he has studied family business failures to identify the breakdowns that destroy relationships and value--and how to prevent them or repair them when they occur. In Legacy Traps, he introduces two original frameworks--the Legacy Matrix and the Tanker Model--to help families identify hidden vulnerabilities and install safeguards to protect relationships and wealth from preventable harm.
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