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Legacy and Leaving a Trail of Breadcrumbs

The Business of Family
Legacy and Leaving a Trail of Breadcrumbs
By Mike Boyd • Issue #34 • View online
“That is a big part of why I write too… I have so many notebooks filled with thoughts. Filled with all of me. And maybe one day my boys want more context about who I was / am.
Actions speak louder than words only until we’re not here to take action any more.
One of the reasons I am publishing my poetry (my debut book, Motion) is to leave breadcrumbs for my boys to retrace all the parts of me they perhaps never knew or saw or understood. When I’m not around anymore, I want to leave them a way to still find (more of) me.”
With every line you read
You illuminate more of me
Connecting two more dots
In the universe of the truest me
Read the full post by Adii Pienaar on his blog.
Adii is this week’s podcast guest and in addition to being a talented writer, he’s also a 3x Technology Founder with two significant exits under his belt already.
We talk about being a First Generation wealth creator, setting up his family office, living life profitably and leaving a legacy. Scroll down to see a preview of his episode or click through to listen now.

Recommended Reading
Wealth should never consume or imprison the wealth holder, but it can. This book provides solutions to the issues many wealth inheritors encounter, including problems with trust, family wealth secrets, and family legacy.
  • Helps wealth inheritors to better manage the challenges that come with the significant wealth they have now or will receive in their lifetime
  • Provides the wealth inheritor’s parents and grandparents with an appreciation of the struggles many wealth inheritors face, ones that they may have forgotten themselves
  • Identifies 10 specific challenges facing young, wealthy people today and advises them on how to deal with these challenges successfully
www.amazon.com  •  Share
This Week's Podcast Episode
Adii Pienaar is the founder of three technology companies, two of which he’s exited so far to create first generation wealth for his family. A prolific reader, writer and maker, Adii brings a refreshing perspective to the way he views family, business and wealth.
  • A major transition point for Adii was moving from wealth generation to wealth maintenance.
  • The family office should always prioritize business ideas from the trustees.
  • It is important to sequence things, rather than doing two things at once and have none getting your full attention.
  • Every single minute of our day, we only have finite attention, time, and energy to do anything, so the decision to anything is costing us life.
  • To Adii’s Children: Do the work, continue learning towards discovering who you are, and figure out how to manifest that in most of the things you do in life.
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luke
@MikeBoyd @jonhainstock Beessst. Literally made an 8h vacation drive with this podcast playing in the car
‎If you would like to leave a review for the podcast, this link will prompt you to open iTunes directly where you can leave a comment. Thank you!
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Interesting Links
Women more likely to have investment roles at family offices than at asset managers | Family Capital
Women more likely to have investment roles at family offices than at asset managers | Family Capital
Although women are underrepresented at family offices, they were more likely to hold senior investment roles than in institutional/retail asset management…
www.famcap.com  •  Share
Divorce lawyers to the wealthy: ‘The pandemic has been a real wake-up call’ | Financial Times
Divorce lawyers to the wealthy: ‘The pandemic has been a real wake-up call’ | Financial Times
Some rich celebrities and entrepreneurs have found it just as hard to get along with their spouses in lockdown as anyone else
www.ft.com  •  Share
It was the company her father started and she then led. Employees were like family. Now, she had to let them go - The Boston Globe
It was the company her father started and she then led. Employees were like family. Now, she had to let them go - The Boston Globe
Amy Yag Sondrup’s entire life was bound up in the company. Her father launched it the year she was born, in 1984, in a massive 19th-century textile machine shop. But Access TCA sat directly in the pandemic’s destructive path.
www.bostonglobe.com  •  Share
Stay in touch
Mike Boyd is the co-owner and CEO of the Vroom Group, Founder of Prosura insurance, Investor at Mudbrick Capital, Host of The Business of Family Podcast and an active member of YPO.
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Mike Boyd

I'm inspired by multi-generational businesses and the families who steward them.

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