Marla Oates

I can imagine that when you're working with these families and thinking about intergenerational, what role do you play and how do you develop that next generation of the family to really take over the wealth, the foundation?

Please.

Thank you for sharing that, Steven.

I feel like you've talked, you know, during this a lot about longevity.

You build the right purpose and empower the generation and think about leadership.

As we were doing some homework in preparation for this episode, we came across this stat, the 30-13-3 rule.

So perhaps it's oversimplified, but for our listeners, you know, about 30% of family businesses survive into the second generation, 13% reach the third, and then just 3% endure beyond that.

How can family leaders ensure the success and longevity, you know, for their family, for their wealth?

That is such a powerful analogy, and I love the personal anecdote.

And look, shamelessly, that's what we believe in as well.

Let's get the right folks into the right seats.

We're going to move into rapid fire questions.

And this is really an opportunity for our guests and viewers to get to know you a little bit better.

So here's the deal.

I'm going to ask you, along with Tomas, a series of questions.

We just want you to respond as quickly as possible.

Are you ready?

What's your favorite way to decompress after a long day at work?

If you were going to spend the rest of your life doing philanthropic efforts, what cause would you choose?

You're going to have a great time.