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What I Learned at Harvard

The Business of Family
What I Learned at Harvard
By Mike Boyd • Issue #32 • View online
Each January I participate in the YPO Harvard Presidents’ Program, an executive education program exclusively available to YPO members, which upon graduation grants you HBS Alumni status.
It takes a minimum of 9 years to graduate from the program which is structured like a “Mini MBA” that keeps up with the times. For example, this year we studied cases which were less than 6 months old, including; the Covid impact on Princess Cruises, Valuing Peloton and a Fine Jewellers’ sales experience going virtual.
The YPO/Harvard Presidents’ Program embodies the best of YPO’s goal of Lifelong Learning. Harvard has offered an unparalleled setting for YPO members to step back from their day-to-day business demands to explore new ideas relating to business, strategy and execution, to become inspired and to embrace new friendships.
Like most things YPO, the value is in the people who attend. Of the ~30,000 global members, only 180 (0.6%) get the chance to attend HBS each year. Everyone is a CEO, Founder or President of a substantial enterprise which makes the peer learning and shared experiences second to none. I was waitlisted for 3 years before getting my chance to participate.
Unsurprisingly, some of my favourite takeaways over the past week were the cases we studied on Family Business, Stewardship and Generational Wealth.
I can’t share the cases with you but I will encourage you to read some of these supporting articles from HBR which stirred lively debate amongst our cohort:
I’m looking forward to getting back to Boston in January 2022 for another in-person learning experience.

On campus in January 2020 before the world turned upside down.
On campus in January 2020 before the world turned upside down.
Inspired by my podcast episode with Richard Eyre, who discussed the concept of a “Family Bank”, Conor Neu put it into action with his kids to create the “Neu Bank”.
I’m so impressed by this and know you’ll enjoy reading the full tweet thread including progress photos too.
Conor Neu
Finished up a fun project that overlaps finance, parenting, Twitter, and more.

Here is the end result.

But let’s start at the beginning....
This Week's Podcast Episode
This episode has been *wildly* popular. Ginny is a superstar!
This episode has been *wildly* popular. Ginny is a superstar!
Interesting Links
The rich are too slow with succession planning | Financial Times
From Logistics to Vertical Farming: A Filipino Family Business Embraces Innovation
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. Join me as I learn how some of the world's most interesting families share values, knowledge, resources, and wealth with the next generation.

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