Legacy of Values The idea of passing on a…

Legacy of Values The idea of passing on a value system is fundamental to the most successful business-owning families. Many families with businesses believe that one of the things that make families important is that they are able to instill values in the next generation.

— from Legacy / The Logbook (Legacy/Epilogue) · Perpetuating the Family Business: 50 Lessons Learned from Long-Lasting Successful Families

In the book

At the end of the day your children reflect what you taught them and how well you taught them to teach others — and if you do that job well, you have a perpetual legacy, one that keeps handing itself forward. That is the real inheritance: not money but a legacy of values, the value system the most enduring families work hardest to instill in the next generation. The crown of a good name, the old teaching goes, surpasses every other crown — priesthood, kingship, even learning — because a good name can travel the whole world and outlive them all. — Legacy / The Logbook (Legacy/Epilogue)

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