Family Business Association of the Caribbean’s Post

🌟 Building a Legacy Beyond Financial Wealth: A Personal Reflection 🌟 Reflecting on the life of my wife’s grandmother who recently passed, I’ve been reminded that the most lasting legacy goes beyond material wealth. At Life Bridge Capital, we often speak about “True Wealth”—the values, relationships, and purpose that define who we are and what we pass down to future generations. If you’ve ever thought about your legacy—whether for your family or your business—I invite you to take part in our 7-Day Family Mission Challenge. This challenge will guide your family through defining your purpose, values, and mission—legacy isn’t just about leaving something behind; it’s about building something that lasts. Join us in this powerful challenge and start building your legacy today. 💼🏡 👇 Link in the comment to sign up! #LegacyBuilding #FamilyMission #TrueWealth #Leadership #LifeBridgeCapital #GenerationalWealth #FaithAndBusiness

The Weight of Legacy: When Your Family Business Feels Like a Massive Burden. Every next-generation leader knows this feeling: Standing in front of an enormous metal safe, wondering if you're worthy of the combination and keys. Legacy isn't just about maintaining a business. It's about continuing a story while finding your own voice. Key Insights for Legacy Carriers: Honour, Don't Worship. Respect the past, but don't let it become a prison. Your family's history is a foundation, not Hadrian’s wall. Communicate Openly. Previous generations are human too. They'll appreciate honesty more than perfection (also.. shhh.. don’t let on that you know but…they want you to succeed). Create Your Own Markers. Legacy isn't just maintaining - it's extending. What will YOU add to the story? Build Support Systems. No one carries this weight alone. Mentors, peers, therapists, coaches, family councils - use them all. Embrace Vulnerability. Admitting you're struggling doesn't dishonour the legacy. It makes you human. Some questions to ask yourself: What part of the family legacy truly excites you? Where do you feel most constrained by expectations? What unique strengths do YOU bring to the business? Do yourself a favour - this week, have one honest conversation about the business that goes beyond the numbers. Listen. Share. Breathe. Your legacy isn't about being perfect. It's about being possible. #FamilyBusiness #Leadership #Legacy

“If prospering into the next generation is a goal, having a well-thought-out plan becomes essential.” Some great examples in this article about how and why successful family businesses (I love them & have worked with many) endure across generations.

Just finished listening - The Fund by Rob Copeland. A fascinating, behind-the-scenes look at Bridgewater Associates and Ray Dalio. The book offers a stark contrast to the polished image Dalio has cultivated. It's a must-read for anyone interested in the world of finance and leadership. #TheFund #RayDalio #Bridgewater #finance #leadership #bookworm"

Kingdom Business Leaders in Action! 🌟 What an incredible time spent with these amazing leaders in the Tampa Bay Area! It’s a true blessing to connect with fellow entrepreneurs who are committed to integrating faith into their business practices. Together, we strive to be the light in our community, standing firm on our values and principles, and making a positive impact for the Kingdom. As business leaders, we have a unique opportunity to influence our spheres of influence. Whether it’s through ethical practices, community outreach, or simply sharing our faith, we can show the world what it means to lead with purpose and integrity. The Bible reminds us of the importance of our role as leaders in Matthew 5:14-16 (NIV): "You are the light of the world. A town built on a hill cannot be hidden. Neither do people light a lamp and put it under a bowl. Instead, they put it on its stand, and it gives light to everyone in the house. In the same way, let your light shine before others, that they may see your good deeds and glorify your Father in heaven." Let’s continue to support and uplift one another as we navigate our journeys, always aiming to honor God in our endeavors. Together, we can illuminate the path for others and demonstrate the power of faith in the marketplace. #KingdomBusiness #TampaBayLeaders #FaithAndBusiness #LightInTheCommunity #EntrepreneursForChrist

Check out this article on ownership and leadership succession in family-owned businesses. It points out the common perils to avoid and how to do it well: https://lnkd.in/dHWFVKxg

One of the most challenging decisions family business leaders often face is whether to sell the business or pass it on to the next generation. This dilemma is riddled with emotional, financial, and strategic considerations. In this article, we take a look at the complexities of this decision and highlight the pivotal role of Non-executive Directors (NEDs) and Family Business Advisors in guiding families through this critical juncture. Read the full article here: https://lnkd.in/eZBDwC6G #familybusiness #succession #legacy #NED #nextgeneration

👥 From SMEs to large corporations, family-owned businesses form the backbone of the UK economy, providing jobs and shaping local communities. But what defines a family business, and what challenges do they face? Find out below: https://lnkd.in/eknXG4Xb #FamilyBusiness #Leadership

Kingdom Minded Business and business as a ministry have been phrases that God has been highlighting to me over the last year. He is moving in and through the business world. Here is a great article from a Kingdom-Minded Business leader. Mike Sharrow https://lnkd.in/exQCpVzj

Want to create a lasting impact? Learn how to pass on values and financial success to future generations with our free guide. 🌱https://wlth.co/3XlieAf #FamilyLegacy #WealthEducation #Leadership #GenerationalWealth