Forgetting the family heritage
The motto of your office should be “Pass the legacy on”, full stop. Don’t think in short-term terms. This is your chance to support the family legacy beyond yourself, for generations to come. Sponsoring local youth to develop their skills, for example, is an excellent way to pay your legacy forward, far more meaningful than your name on a building.
Believing to be separate
Family office members lose their common ground. They often emphasise their uniqueness over their collective strength. However, this concern can be seen as an opportunity to work together and better articulate your vision, from humanitarian to financial goals.
Sabotage from within
Many offices have family members who are at odds with each other and their goals. However, this friction can strengthen professional relationships and spark methods of reorganising the office to reduce responsibilities and rebalance energy.
Disliking joy, loving conflict
Unfortunately, humans experience more conflict than joy. Palace intrigue comes easier than peace. This is an opportunity for harmony and de-escalation.
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Big success phobia
Each office member must excel to ensure your success. One success benefits everyone. Use any fear of success to unite and rise together.