Preserving Wealth, Legacy, and Harmony Across Generations is a comprehensive guide for families seeking to build enduring legacies through strategic planning and effective governance. Written by Mike Schmitt, this book addresses the unique challenges that family enterprises face, from managing wealth transitions to fostering cohesive family relationships. With a structured, four-step approach, Family Fortune provides families with the tools to create a clear vision, align business and family goals, and navigate the complexities of succession and conflict resolution. Rich with practical exercises and real-world examples, this essential resource empowers family businesses to grow sustainably, preserve core values, and thrive across generations.
Mike Schmitt, a seasoned advisor to family-owned enterprises, wrote Family Fortune to address the complex challenges that families encounter when preserving wealth and unity across generations. With decades of experience in guiding family businesses through governance, succession, and conflict resolution, Mike understands the unique dynamics that make these enterprises both rewarding and challenging. His goal in writing this book is to equip families with practical tools and proven strategies to safeguard their legacy, foster harmony, and empower future leaders. Mike’s passion for family business success drives his commitment to helping families thrive and create lasting impact for generations to come.