If your first thought was your company, equipment, or financial success, you're only seeing part of the picture.
The greatest wealth in a family business often can't be measured on a balance sheet. It's the trust between generations. The values your family lives by. The pride in your family name. The loyalty of employees. The relationships you've spent years building.
Researchers call this Socioemotional Wealth (SEW). I call it what matters most.
If your first thought was your company, equipment, or financial success, you're only seeing part of the picture.
The greatest wealth in a family business often can't be measured on a balance sheet. It's the trust between generations. The values your family lives by. The pride in your family name. The loyalty of employees. The relationships you've spent years building.
Researchers call this Socioemotional Wealth (SEW). I call it what matters most.