First Generation Wealth
Three Guiding Principles for Long-Lasting Wealth and an Enduring Family Legacy
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First Generation Wealth
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First-generation wealth creators have a priceless opportunity to lay the groundwork for lasting family wealth and avoiding what is known in the field as the "Shirtsleeves to Shirtsleeves" phenomenon. In this book, preeminent wealth management experts and seasoned entrepreneurs Robert Balentine and Adrian Cronje of the storied wealth management firm Balentine LLC help listeners think through, in a very personal way, what it takes to build a meaningful legacy and best support future generations.
They offer their first-hand perspective on not only the financial, but also the emotional and psychological challenges that entrepreneurs commonly face.
They also share their three guiding principles for long-lasting wealth and an enduring family legacy:
- Don’t mistake wealth for legacy.
- Distinguish between your business and the business of your family.
- See the world through the next generation’s eyes.
First-Generation Wealth shares stories that illuminate these guiding principles, and also provide tactical steps entrepreneurs at any stage of their wealth and life journey can take to incorporate them into their long-term strategies.
©2021 Robert Balentine, Adrian Cronje Ph.D. CFA® (P)2023 Robert Balentine, Adrian Cronje Ph.D. CFA®