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Key Strategies to Encourage Your Children to Succeed and Learn to Flourish Independently Within The High, Very High, and Ultra High Net Worth Family >Chapter 1 (Free)
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Key Strategies to Encourage Your Children to Succeed and Learn to Flourish Independently Within The High, Very High, and Ultra High Net Worth Family

Episode Description

You have built a business with an impressive, solid track record, acquired great wealth and influence, and forged a legacy to pass down through the generations. But have you prepared your children to take the torch when the time comes and carry on the stewardship for continuing the growth and the family legacy after you are gone? Have you equipped them with the knowledge and skills they need to keep it going through tough times and good times alike?

In Encourage Your Children to Succeed and Learn to Flourish Independently Within the High, Very High, and Ultra High Net Worth Family, Cliff imparts vital information on family dynamics and learning development and provides the key strategies to incorporating those principles to ensure the next-generation flourishes. This book gives you practical advice and tools that will help you connect with your children on a deeper level, cultivate their entrepreneurial spirit, and prepare them to carry on the family legacy by encouraging them to forge their own paths, set winning goals, consistently make good decisions, and be more resilient.

In this book, Cliff guides you through topics such as the importance of clear communication, strengthening your children’s character, and building self-confidence. He coaches you through teaching your child about money, investing, estate planning, legal issues, and becoming business savvy. He trains you how to initiate discussions about the due diligence process, risk management, and the importance of health and well-being. Are you ready to start preparing your children to head the family business and continue your legacy? The keys to the success of effectively raising children who are ready to keep your legacy alive can be found in this course!

 

I work with my clients on a process of creating and maintaining a legacy to last for generations. After 40 years as a successful serial entrepreneur, having founded and sold three successful businesses, including his last company, which was sold to a Fortune 500 corporation, Cliff became a Personal Lifestyle Executive Business Coach and is on several Board of Directors.

 

Cliff explains how to build a solid foundation for your children beginning at an early age. Married 35 years to a loving, supportive wife, and as the father of three wonderfully independent young adults, Cliff takes you through lessons learned over the years as to how generational wealth can be maintained only if the work ethic, values, and philanthropic endeavors that created this legacy are also passed down to the younger generation. Cliff gives practical, implementable ideas for you and your children to practice together.

 

Creating a legacy for future generations takes forethought, planning, and dedication. The keys to creating and maintaining your legacy and generational wealth await you in this course.

 

Cliff K. Locks Bio:

Cliff K. Locks brings a wealth of experience and expertise to his role as Chief Learning and Succession Officer for family enterprises. As a highly respected Professional Coach and serial entrepreneur, he has a proven track record of helping executives and business leaders achieve their goals and realize their full potential in both their professional and personal lives.

Through his one-on-one coaching services, Cliff helps his clients develop leadership, lifestyle, executive, and business skills that are tailored to their unique needs and those of their families. His approach is designed to help his clients achieve their goals and create a better future for themselves and their families.

In his role as Chief Learning and Succession Officer, Cliff is dedicated to assisting families in building their leadership and communication capabilities through personalized education plans and executive coaching. With his extensive experience and deep understanding of the unique dynamics of family businesses, he empowers families to develop effective communication, leadership, and decision-making skills among the next generation of leaders. Participants will receive two Executive Coaching Sessions, with the option to extend the coaching relationship.

 

Learning Chapters: 10

Program Length: 1 hour, 8 minutes.

Pick up right where you left off, and never lose your place with automatic progress tracking.

Graduation Certificate Provided.

To schedule the two included coaching sessions: https://calendly.com/clifflocks/45-minute-meeting-millionaire-life-serviceOptional: One-on-One Coaching Relationship:

Coaching four times monthly for 45-minute Zoom meetings and unlimited WhatsApp chats

Price: $5,000 a month

To schedule coaching sessions: https://calendly.com/clifflocks/45-minute-meeting-millionaire-life-service

 

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We're thrilled to offer you a scholarship generously underwritten by a Global Executive dedicated to supporting Executive Leaders, as they mentor emerging leaders on their team.

Course price: $3,975.00 USD  Value: $4,975.00

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Optional - One-on-One Coaching Relationship:

Coaching 4x monthly for 45 Minute Zoom Meetings and Unlimited WhatsApp Chats

Price: $5,000 a month

To schedule Coaching sessions: https://calendly.com/clifflocks/45-minute-meeting-millionaire-life-service

Here are some potential benefits or values that a coaching session offers:

  1. Integrating Family into the Family Business: Smooth Transition Strategies for Balancing Business and Familial Relationships
  2. Communication is key. Enhance communication skills for building strong relationships and navigating conflicts.
  3. Understanding the Different Generations: Recognize different values and attitudes for better relationships and effective communication.
  4. Mastering a Multi-generational Family Business: Develop leadership skills for managing and motivating team members of different generations.
  5. The Risk of Not Maintaining Familial Relationships: The Importance of Maintaining Strong Familial Relationships and the Risks of Not Doing So
  6. Blending Your Values with Your Children’s: Strategies for Blending Values to Build a Strong Family and Business Culture
  7. Your Children’s Role in the Business: Identifying Appropriate Roles and Preparing Children for Future Responsibilities
  8. The Benefits of Early Childhood Assessments: Understanding the Benefits of Assessments for Children's Future Development
  9. Lean into Change: Adapting to changing circumstances and trends for staying competitive and relevant
  10. Teaching the Value of Goal Setting: Developing goal-setting strategies and teaching their value to the next generation
  11. Goal Setting Exercise: Practical exercises for setting and achieving family business goals
  12. Philanthropic Endeavors and the Importance of Philanthropy in Your Family’s Life: Developing a Philanthropic Strategy and Understanding Its Importance
  13. Philanthropy as a Sustainable Means of Success: Making Philanthropy a Sustainable Means of Success with Effective Giving and Measuring Impact
  14. Avoiding the Pitfalls of Generational Wealth: Understanding common pitfalls and developing strategies to avoid them for long-term success
  15. Preventing Pitfalls: Planning for identifying and preventing potential pitfalls, including succession planning and risk management,
  16. Commit to the Mission: Developing a shared mission and vision for the family business for greater success and unity
  17. The Benefits of Working in a Family Business: Recognizing Unique Benefits and Leveraging them for Greater Success
  18. You must prioritize family by balancing work and family life and prioritizing family relationships.
  19. Managing your family dynamics: managing complex family dynamics, including conflicts and communication breakdowns
  20. Wealth Transition and Succession Planning: Planning for transitioning wealth and leadership to the next generation, including legal and financial considerations

By prioritizing family relationships and developing a shared mission, families can achieve long-term success. Understanding and avoiding the common pitfalls of generational wealth, developing a philanthropic strategy, and preparing for crisis management can also help ensure success. Coaching for the next generation can help prepare them for their future responsibilities, develop their strengths, and teach them the value of goal-setting.

We always welcome referrals from satisfied clients.