Sustain and grow your family’s capital throughout generations
Families need to have vision and foresight to sustain the family’s capital throughout generations. Unfortunately, many of them build wealth effectively but find, near the end of their lives, that it has little sustainability to prepare the next generations that will be the beneficiaries of their hard work.
Passing the Torch teaches high net-worth families how to foster a strong family dynamic to be truly generational. Inside, first-generation wealth creators will learn how to create a culture of sustainability and growth and endow subsequent generations with the tools and mindset necessary to prosper. Subsequent generations will learn how to receive the torch, sustain and grow the family’s capital and pass the torch to the next generation.
- Discover the importance of emotional intelligence
- Learn to view generational wealth from a behavioral lens
- Transcend financial instruction to find a sense of purpose and direction
- Map out your family’s legacy
Whether you’re consulting an advisor or taking matters into your own hands, this is the essential reference you need to sustain wealth for generations to come.
Table of Contents
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
