By the Price of Business Show, Hosted by Kevin Price. The Price of Business is a media partner of this site.
In his new book, You Can Have It All; Wealth, Wisdom, and Purpose—Strategies for Creating a Lasting Legacy and Strong Family; Kip Kolson offers reasons and solutions for overcoming the truth that 70% of a family’s wealth is lost each time it passes to the next generation; and gone when the third generation passes. His book is a prescription for achieving a joyful and fulfilled life by intentionally implementing strategies and mechanisms that deal with every family’s natural conflicts between people and money. By developing a shared purpose, gaining sound wisdom, and properly stewarding their Time, Talent, Training, and Treasures to provide value and service to the world; a family can grow stronger, more influential, and wealthier through multiple generations.