In Part 2 of the episode “Futurology. The Business of the Future,” Alexander Palienko and Nicole Kustovskaya explore the evolution of family businesses. What is the future of family businesses when companies pass from generation to generation? Why is it important to let children leave the family business and give them the freedom to choose their own path? How does the contribution of children through interest and fresh energy influence the growth and development of a company? Why is a person’s capacity essential for the distribution of wealth and overall effectiveness? How can balance be maintained between love, personal interest, and financial results? And how are a person’s financial success, inner capacity, and readiness to live with pleasure interconnected?
00:01 — The Future of Multi-Generational Family Businesses
03:30 — Children and the Family Business
06:36 — Children’s Contribution of “New Energy” and Interests to Business Development
09:28 — A Person’s Capacity and the Distribution of Wealth
13:13 — Balancing Interests, Love, and Financial Effectiveness
16:38 — Effective Resource Use and Joy in Business
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#futurology #consciousmoney #spiritualgrowth #finance #taxes
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How to preserve the future of your business when you have multiple children? Here is an example of "code" instituted by the owner to provide division between the heirs.