Family Enterprise Consultant | Board Member | Thought Leader Specializing in: Family Dynamics, Governance, Education, Future Planning, Board Leadership
June is "birthday month" in my house. It's both my mom's birthday and mine. This year, my mom turned 70, and we had our first family vacation with the #NextGen of our family branch. It was a truly incredible vacation. Beyond the beauty of the location itself (shoutout to Terranea Resort), we spent great quality time together with no fights and no meltdowns. I keep wondering why. And I come back to a few things: 1) There was a clear #vision of what we hoped the vacation would look and feel like. 2) We planned well and had a good sense of how decisions would be made, aka we had informal #governance 3) We did a lot together, and we also had space to be ourselves. Collective fun was important, but not at the expense of individual needs (especially the toddler's!). 4) And finally, we were so grateful to be spending the time together and for the #generosity of our parents, we wanted to show them our #gratitude (see the gorgeous photo attached!) While this was "just us," and we're part of much larger families, the lessons from the vacation are applicable to #FamilyEnterprise. Start with the family. Move to shared vision. Keep the collective at top of mind, but allow for individuals to thrive. Figure out how to make decisions to uphold these things, and never forget to reflect on how lucky we are. #familyoffice #familybusiness #generationalwealth
Awesome pic! So happy I could be a small part of planning your amazing family celebration!!
Jamie Yuenger
2mo
What a fabulous story/moment and photo!!! Can’t help but saying that your dress is stunning. I appreciate you outlining the clear vision - I think that’s a great takeaway. Happy birthday to your mom!!!
Cherie Pikelis
2mo
What a great vacation and celebrations. Love the story and expectations for a great family time! Happy Birthday to you and your wonderful Mom!
Amy Hart Clyne
2mo
Walking the talk, Bryn!!! Good for you!! LOVE the photo too! Beautiful!
Elizabeth Bagger
2mo
Love this: ‘Collective fun was important, but not at the expense of individual needs’. I think this is crucial. Thank you for sharing your insights and reflections, Bryn Monahan! Wonderful family photo!
Freed Associates
2moThis is a wonderful post, I love how you used the aspects of a family business for a family vacation. Clarity and communication make such a difference. Congratulations to your Mom and you and your family. Thank you Bryn