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Voice of the Rising Generation

Voice of the Rising Generation

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One of the greatest sources of pain within families with wealth is the belief that there are no choices. Sometimes even wealth creators who feel more than able in their business lives feel at the same time that their wealth will inevitably become a pernicious influence on their children and grandchildren. The next generation must awaken to the problem of treating financial wealth as more important than it is and therefore not developing a sense of self separate from the wealth.

The book will:

- Explain the challenge that wealth poses to rising generations--the challenge of silence

- Discuss the rising generations and what their future might look like

- Share strategies that help members of the rising generation find their voices

The Voice of the Rising Generation 2E will discuss the successors of family wealth and what they can do to keep focused on human capital rather than putting too much emphasis to the role of financial wealth. Updated version to focus on clearer discussions of the importance of character development as the key to recipients' leading healthy lives. This is a point the authors have focused on in recent years, and want to emphasize in the books.

New material to include:

  • New chapters on the Big Reveal which lays out the importance of a pause when rising generation family members are introduced to knowledge of the family financial wealth.
  • New chapter on managing the reaction and responses to learning about one's family wealth, so as to promote recipient's healthy integration of this information into their life plans.
  • New chapter on the possible challenge of political sequestration of private family wealth, the sources of demands for sequestration, and ways for families to think about and plan for that challenge.

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About the Book

Avoid "Shirtsleeves to Shirtsleeves" by Finding Your Voice

Growing up in a family with significant wealth or a family business can often feel like an exercise in silence. What should you ask? Whom should you ask? When? Is it ever right to talk about such things?

The Voice of the Rising Generation speaks directly to those who find themselves living in that silence, the so-called "next generation." Great wealth or a family business can act like a "black hole," sapping the dreams and aspirations of future generations who feel that they can never measure up to the fortune's founder. This book, written by a psychologist, an educator, and a wise counselor who single-handedly changed the landscape of family wealth, diagnoses with economy and precision the cause of entitlement and dependency. It is not too much money or too few chores. It is the failure of rising generations to individuate, that is, to pursue their dreams, develop their resilience, and find their voice.

Many books are addressed to parents and grandparents who worry about the effects of wealth on their descendants. Almost alone in the field, this book speaks directly to 20-, 30- and 40-somethings, encouraging them--literally, giving them courage--to meet the challenge of integrating wealth's power into their lives, rather than disappearing into the black hole. Readers will:

  • Come to understand the true causes of entitlement and dependency
  • Identify the psychological characteristics of the rising generation and the challenges proper to its development
  • Clarify their own dreams, work, and vocation
  • Navigate personal relationships and communication within the context of wealth
  • Recognize the special challenges faced when rising is delayed until mid-life.

If you are a young person who is starting your life's journey and wondering about the effects of parental gifts, trusts, or a family business, this book will offer you questions, reflections, and lessons-learned to help you find your own way. If you are a parent, grandparent, elder, or mentor, The Voice of the Rising Generation can serve the young people in your life as a gift more precious than gold.


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Product Details
  • ISBN-13: 9781118936511
  • Publisher: Wiley
  • Publisher Imprint: Wiley
  • Depth: 19
  • Language: English
  • Returnable: Y
  • Spine Width: 16 mm
  • Weight: 309 gr
  • ISBN-10: 1118936515
  • Publisher Date: 29 Sep 2014
  • Binding: Hardback
  • Height: 229 mm
  • No of Pages: 160
  • Series Title: Bloomberg
  • Sub Title: Family Wealth and Wisdom
  • Width: 150 mm


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