In this podcast, Mason talks about how to split up without falling apart or turning everything into one big bureaucracy.
At some point, you can't bring everything to the meeting table. Your family will be dealing with multiple businesses, households, and events. Walking the tightrope between becoming disconnected and getting overwhelmed is almost impossible.
For family boards, there are some rule-of-thumb that work really well to find out whether you need to split off, and how much to do so. If you can stay focused on your top-line objectives, you won't get overwhelmed by minutia. At the same time, when you do decide to create a new committee, move into a new home, or start a new business, you can't cut people out of the loop.
FOLLOW Family Prosperity Partners everywhere:
Facebook:
Business Page: https://www.facebook.com/Familyprosperity
Public Group for Families: https://www.facebook.com/groups/familybizgroup
Private Group for Clients: https://www.facebook.com/groups/familyprosperity
LinkedIn:
https://www.linkedin.com/company/19139744
Subscribe to the Podcast:
Google Podcasts: https://podcasts.google.com/feed/aHR0cDovL2ZlZWRzLmZlZWRidXJuZXIuY29tL2ZhbWlseXByb3NwZXJpdHlwb2RjYXN0
Spotify: https://open.spotify.com/show/0XKuUhHRdhPWHeLZwxhzVa?si=jli-ywiuQP-nVt4pT_nhHg
RSS Feed: http://feeds.feedburner.com/FamilyProsperityPodcast
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In this podcast, Mason talks about how to split up without falling apart or turning everything into one big bureaucracy.
At some point, you can't bring everything to the meeting table. Your family will be dealing with multiple businesses, households, and events. Walking the tightrope between becoming disconnected and getting overwhelmed is almost impossible.
For family boards, there are some rule-of-thumb that work really well to find out whether you need to split off, and how much to do so. If you can stay focused on your top-line objectives, you won't get overwhelmed by minutia. At the same time, when you do decide to create a new committee, move into a new home, or start a new business, you can't cut people out of the loop.
FOLLOW Family Prosperity Partners everywhere:
Facebook:
Business Page: https://www.facebook.com/Familyprosperity
Public Group for Families: https://www.facebook.com/groups/familybizgroup
Private Group for Clients: https://www.facebook.com/groups/familyprosperity
LinkedIn:
https://www.linkedin.com/company/19139744
Subscribe to the Podcast:
Google Podcasts: https://podcasts.google.com/feed/aHR0cDovL2ZlZWRzLmZlZWRidXJuZXIuY29tL2ZhbWlseXByb3NwZXJpdHlwb2RjYXN0
Spotify: https://open.spotify.com/show/0XKuUhHRdhPWHeLZwxhzVa?si=jli-ywiuQP-nVt4pT_nhHg
RSS Feed: http://feeds.feedburner.com/FamilyProsperityPodcast
In this podcast, Mason goes over the unsung - even mocked - role of preparedness. You see it in movies and TV shows; the middle manager running everyone through an ineffective fire drill, the dad showing everyone where to go in case of a tornado. There's no denying it, it's lame. There is also no denying that practice makes perfect. If you can look back at the silly drills you had to run, a crisis will seem so much less scary. This podcast is a call to start being the guy in your family that makes them practice. Or, at least, to make you find the person in your family you're going to make do it for you. Making this happen doesn't just prepare you for the worst, it can help bring your family closer together, and even build relationships with your key advisors. When you run drills, you shouldn't just include your family. Include important people in your circle to get them used to dealing with your family. Build relationships.
If you can do this consistently, your family can separate themselves from the families that just achieved success, but weren't able to create stability and security.
FOLLOW Family Prosperity Partners everywhere:
Facebook:
Business Page: https://www.facebook.com/Familyprosperity
Public Group for Families: https://www.facebook.com/groups/familybizgroup
Private Group for Clients: https://www.facebook.com/groups/familyprosperity
LinkedIn: https://www.linkedin.com/company/19139744
Subscribe to the Podcast: Google Podcasts: https://podcasts.google.com/feed/aHR0cDovL2ZlZWRzLmZlZWRidXJuZXIuY29tL2ZhbWlseXByb3NwZXJpdHlwb2RjYXN0
Spotify: https://open.spotify.com/show/0XKuUhHRdhPWHeLZwxhzVa?si=jli-ywiuQP-nVt4pT_nhHg
RSS Feed: http://feeds.feedburner.com/FamilyProsperityPodcast
Family Prosperity Podcast
In this podcast, Mason talks about how to split up without falling apart or turning everything into one big bureaucracy.
At some point, you can't bring everything to the meeting table. Your family will be dealing with multiple businesses, households, and events. Walking the tightrope between becoming disconnected and getting overwhelmed is almost impossible.
For family boards, there are some rule-of-thumb that work really well to find out whether you need to split off, and how much to do so. If you can stay focused on your top-line objectives, you won't get overwhelmed by minutia. At the same time, when you do decide to create a new committee, move into a new home, or start a new business, you can't cut people out of the loop.
FOLLOW Family Prosperity Partners everywhere:
Facebook:
Business Page: https://www.facebook.com/Familyprosperity
Public Group for Families: https://www.facebook.com/groups/familybizgroup
Private Group for Clients: https://www.facebook.com/groups/familyprosperity
LinkedIn:
https://www.linkedin.com/company/19139744
Subscribe to the Podcast:
Google Podcasts: https://podcasts.google.com/feed/aHR0cDovL2ZlZWRzLmZlZWRidXJuZXIuY29tL2ZhbWlseXByb3NwZXJpdHlwb2RjYXN0
Spotify: https://open.spotify.com/show/0XKuUhHRdhPWHeLZwxhzVa?si=jli-ywiuQP-nVt4pT_nhHg
RSS Feed: http://feeds.feedburner.com/FamilyProsperityPodcast