Family Business Succession Ep 6: Planting a seed beyond the family enterprise

In this podcast, we discuss investing outside of the traditional family business. This may sound like an oxymoron but, just as anyone working for or in a business, we want to pay off our house or into superannuation, so that we can prepare for future needs and build wealth. The same is true for aspirations of individual family members in a family business, with the added complication of being in a family business! They may have ambition to provide a future source of wealth, interest and challenge for future generations, so investing in another type of business or industry may become an option.
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