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Passing the Torch. Preserving Family Wealth Beyond the Third Generation. Bloomberg

  • ID: 4434503
  • Book
  • April 2018
  • 192 Pages
  • John Wiley and Sons Ltd
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"Money is a form of energy, and since energy cannot be dissipated, it can only be transformed. The proverb cannot be ended, but by developing the right mindset and human behavior, the energy of generational money can be transformed and preserved. In this book, Ilze gives guidelines on personal leadership and taking leadership of your families. She describes the essence of having clarity of your vision, mission, and purpose. She shares wisdom on mental and mind empowerment and understanding how to deal with the challenges and obstacles of life. She explains the importance of loving what you do and doing what you love and offering your service to the world in your own authentic way. She gives guidance on how to manage money wisely."
From the Afterword by Dr. John Demartini, Performance and Behavior Specialist

Passing the Torch offers much–needed guidance for high–net–worth families on what it takes to foster a strong family dynamic to be truly generational. The author reveals how to create a culture of sustainability and growth and endow subsequent generations with the tools and mindset necessary to prosper. With wisdom based on experience, the author shows subsequent generations how to receive the family′s wealth, sustain and grow the family′s capital, and pass the principles of responsible wealth management on to the next generation.

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Foreword xi

Preface xiii

From Shirtsleeves–to–Shirtsleeves in Three Generations xiv

My Story xv

True Family Wealth xvii

Why Are You Reading This Book? xix

CHAPTER 1 What You Perceive Is Missing Drives You 1

Perceiving a Lack of Money and What That Can Ignite 3

The Power of Knowing What s Most Important to You 7

Live Your Destiny and Leave Your Mark 12

CHAPTER 2 The Wealth Creator Extraordinaire 17

Live with a Vision and a Mission 19

Vision, Mission, Dream, and Legacy Building Your

Powerful Family 22

CHAPTER 3 The Genius of the Wealth Creator Extraordinaire 33

Traits of a Mentally Empowered, Intelligent Person 34

Understand and Apply Universal Principles 40

CHAPTER 4 The Wealth Creator Extraordinaire as a Business Leader 43

Unlocking the Leader Inside 43

How to Be a Great Businessperson 46

CHAPTER 5 The Wealth Creator Extraordinaire as a Money Manager 53

CHAPTER 6 The Wealth Creator Extraordinaire as a Family Leader 59

How to Build Powerful and Strong Family Relationships 60

Eight Keys to a Successful Marriage 64

Traits of a Family Leader 67

CHAPTER 7 The Wealth Creator Extraordinaire as a Social Leader 79

Guideposts for Leading 80

Tips for Leaders 83

Shaping Your Legacy 85

Philanthropy, a Thinking Man s Gift to the World 89

CHAPTER 8 The Wealth Creator Extraordinaire as a Health and Vitality Leader 93

Healthy Eating and Drinking Habits 94

The Value of Exercise and Body Movement 96

The Value of Breathing 97

The Value of Rest and Restoration 98

The Body–Mind Connection 100

Is Gratitude the Key to Unlocking Happiness? 101

The Twenty–One–Day Gratitude–Habit–Forming Process 103

CHAPTER 9 A Conversation with Dr. John Demartini 107

CHAPTER 10 Principles of the Demartini Method: Based on Universal Laws and Truths 137

Principle 1 137

Principle 2 138

Principle 3 138

Principle 4 138

Principle 5 138

Principle 6 138

Principle 7 139

Principle 8 139

Principle 9 139

Principle 10 140

Principle 11 140

Principle 12 140

Principle 13 140

CHAPTER 11 A Conversation with James E. Hughes, Author of Family Wealth 141

CHAPTER 12 My Letter of Wishes for You 159

The Wealth Model 161

Afterword 163

Index 165

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Ilze Alberts
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