Original post is here: https://www.matthewpowell.com/blog/the-five-forms-of-capital-family-businesses-must-master
Insights from over 100 years of experience
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Insights from over 100 years of experience.
HUMAN CAPITAL - The greatest gift a parent can give
Three-hour round trips to soccer practice taught Matt nothing about soccer and everything about belief. Human capital is built by investing time decades before succession is ever on the table.
SPIRITUAL CAPITAL: The story I told my kids (that was really for me)
A parable about a little wave afraid of the shore becomes a lesson in ego, scarcity, and faith. The first entry in a five-part series working through each form of capital.
The Five Forms of Capital Family Businesses Must Master
Drawing on Jay Hughes's Family Wealth, financial capital is one fifth of the picture. Spiritual, social, human, and intellectual capital are the forms that let a family business compound across generations.
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