Details

The Voice of the Rising Generation

Family Wealth and Wisdom
Bloomberg 1. Aufl.

von: James E. Hughes, Susan E. Massenzio, Keith Whitaker
27,99 €
Verlag:	Wiley
Format:	PDF
Veröffentl.:	09.09.2014
ISBN/EAN:	9781118936535
Sprache:	englisch
Anzahl Seiten:	160

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Beschreibungen

Titelbeschreibung

Avoid "Shirtsleeves to Shirtsleeves" by Finding Your Voice Growing up in a family with significant wealth or a family business can often feel like an exercise in silence. What should you ask? Whom should you ask? When? Is it ever right to talk about such things? The Voice of the Rising Generation speaks directly to those who find themselves living in that silence, the so-called "next generation." Great wealth or a family business can act like a "black hole," sapping the dreams and aspirations of future generations who feel that they can never measure up to the fortune's founder. This book, written by a psychologist, an educator, and a wise counselor who single-handedly changed the landscape of family wealth, diagnoses with economy and precision the cause of entitlement and dependency. It is not too much money or too few chores. It is the failure of rising generations to individuate, that is, to pursue their dreams, develop their resilience, and find their voice. Many books are addressed to parents and grandparents who worry about the effects of wealth on their descendants. Almost alone in the field, this book speaks directly to 20-, 30- and 40-somethings, encouraging them—literally, giving them courage—to meet the challenge of integrating wealth's power into their lives, rather than disappearing into the black hole. Readers will: <ul> <li>Come to understand the true causes of entitlement and dependency</li> <li>Identify the psychological characteristics of the rising generation and the challenges proper to its development</li> <li>Clarify their own dreams, work, and vocation</li> <li>Navigate personal relationships and communication within the context of wealth</li> <li>Recognize the special challenges faced when rising is delayed until mid-life.</li> </ul> If you are a young person who is starting your life's journey and wondering about the effects of parental gifts, trusts, or a family business, this book will offer you questions, reflections, and lessons-learned to help you find your own way. If you are a parent, grandparent, elder, or mentor, The Voice of the Rising Generation can serve the young people in your life as a gift more precious than gold.

Inhaltsverzeichnis

Preface xi Acknowledgments xiii Introduction 1 A Well-Known Family 1 The Challenge 2 The Journey 3 Our Approach 6 Aids to Navigation 7 Chapter 1 Setting Sail 13 The Black Hole 14 Talking about Silence 17 The Very Good Steward 19 The Meteor 19 Froggy 20 The Parallel Universe 21 The Anxious Heir 22 Mr. Reputable 22 The Grand Giver 23 Testing the Boundary 23 Mentor 26 Chapter 2 Rosy-Fingered Dawn 29 Awakening 29 Rising 30 Slings and Arrows 36 Chapter 3 Self-Knowledge 43 The Center 43 Internal and External 44 Dreams 45 Strengths and Hurdles 48 Individuation 51 Externals 54 The Balance Sheet 56 Chapter 4 Facing the Waves 61 Getting Away 61 Taking the Leap 63 Work 63 Relationships 73 Communication 78 Leaving Ithaca 81 Chapter 5 The Middle Passage 85 The Island of the Lotus-Eaters 85 The Middle Passage 87 A Forceful Hand 89 Self-Advocacy 93 Ownership 96 Leadership 98 Parenting in the Middle Passage 100 Questions for Rising on Your Own 102 Conclusion 107 Another Well-Known Family 107 Our Journey Thus Far 109 Searching for Elders 112 Returning to Mentor 115 Flying Away 118 Appendix 121 Questions for Reflection from the End of the Chapters 121 From the Introduction 121 From Chapter 1 121 From Chapter 2 121 From Chapter 3 122 From Chapter 4 122 From Chapter 5 122 From the Conclusion 122 Additional Tools 122 Possible Educational Pathways 123 For the Individual Journey 123 For Possible Workshops 124 For a Possible Family Gathering 125 Session One: Knowing Ourselves 126 Session Two: Resilience 128 Session Three: Action 129 About the Authors 133 Index 137

Autorenportrait

JAMES (Jay) E. HUGHES, JR. is the author of the acclaimed classic Family Wealth and Family: The Compact Among Generations, and the co-author of The Cycle of the Gift: Family Wealth and Wisdom. He has also written numerous articles on family governance and wealth preservation. James is a frequent speaker at symposia on the growth of families’ human, intellectual, social, spiritual, and financial capital. DR. SUSAN E. MASSENZIO is a psychologist with many years’ experience consulting to heads of family businesses and helping to plan leadership succession. Susan is the co-author of The Cycle of the Gift: Family Wealth and Wisdom. DR. KEITH WHITAKER has many years’ experience aiding enterprising families in communication around estate planning and philanthropy. His writings have appeared in The Wall Street Journal, The New York Times, and The Financial Times. Keith is the co-author of The Cycle of the Gift: Family Wealth and Wisdom.

Back cover copy

In every prominent family there is a founder who built the family’s success upon a dream. Paradoxically, this founding dream can turn into a black hole for rising generations, who may feel that their individuality is at risk under the weight of the wealth. If this sounds familiar, The Voice of the Rising Generation can guide you toward a more rewarding life. The authors recognize the importance of building a self-awareness that does not depend on the achievements of your predecessors. The Voice of the Rising Generation starts by explaining the obstacles that members of new generations face. In early adulthood, we stand at the beginning of a journey of self-discovery. The first step to completing a successful journey is to understand the conflicting forces we face and to prepare to meet them with wisdom and virtue. The goal of this book is to help you use these forces to your benefit. Too often, members of rising generations spend decades in silence. Advocating for oneself after so much time can be daunting, but the underlying message of The Voice of the Rising Generation can empower family successors of all ages. The message is simple: You have a choice. By reflecting on the questions and ideas in this book, you will be able to avoid becoming the “next” generation and find your way to becoming your own generation—with your own voice.