Advising Family Businesses on Dealing with Family Issues that Threaten to Destroy Value

Only 30% of family businesses survive into the second generation. In 70% of family businesses, the family loses control of the assets, or the business fails. Family relationships are often destroyed in the process. The dynamics behind these statistics are common to members of Family Business.

Linda Eddleston, editor of Family Business, interviewed Khanna on the five liabilities of trauma for families and how they affect the business. From lack of shared purpose in one generation to the next, failure to align the family with employees, and conflicts over money, poor management, and fighting about leadership succession.

You can watch the interview here: Let’s Talk About Money & Trauma

The interview was inspired and informed by Khanna’s upcoming book: Inherited Trauma & Family Wealth: A guide to heal your relationships and build lasting legacies