90% of All Wealth is Lost by the 3rd Generation - Rich Christiansen

Your Next: A Guide to Finding Fulfillment After Your Exit Hosted by Jerome Myers

Can you succeed while staying true to your values and building a lasting family legacy? In this episode, Rich Christiansen, an entrepreneur with 17 successful business exits, shares his journey of balancing wealth, family, and personal growth. He introduces his Legato Family Framework, offering practical ways to avoid the common traps of generational wealth loss and build a foundation rooted in values. Rich also opens up about discovering his true identity and the transformative power of self-forgiveness and love.

If you’re looking for insights on how to find proper balance in life, this is an episode you won’t want to miss. Listen now to explore how you can create a meaningful legacy for yourself and your family.

[01:29 - 03:04] Meet Rich Christiansen

• Jerome introduces Rich, highlighting his 17 successful business exits.
• Rich shares how family and values have shaped his life and business.
• They discuss the balance between wealth creation and meaningful relationships.

[03:05 - 08:53] The Pendulum of Balance

• Rich explains the challenges of balancing professional success with personal life.
• Balance means flowing between extremes, not staying rigid.
• The pressure to prove worth can disrupt life balance.

[08:54 - 17:35] The Legato Family Framework

• Introduction to Rich’s Legato Family Framework centered on family values and traditions.
• Rich explains how it helps families avoid generational wealth loss.
• Creating a family mission statement is key to preserving values.

[17:36 - 31:07] Overcoming Guilt and Shame

• Rich discusses guilt and shame as low emotional frequencies that hold people back.
• Open dialogue and spiritual growth are essential for healing.
• His family framework focuses on self-love and rejecting shame.

[31:08 - 52:56] Rich’s Personal Story: Discovering His True Identity

• Rich shares the emotional story of discovering he was donor-conceived.
• The journey of reconciliation transformed his understanding of family.
• He emphasizes the power of forgiveness and self-love in overcoming challenges.

Key Quotes:

"Balance is about crossing the line of balance as frequently as possible." - Rich Christiansen

"Our deepest need is to be seen, but also our biggest fear is being fully manifest and seen." - Rich Christiansen

Connect with Rich!

Website: https://richchristiansen.com/

LinkedIn: https://www.linkedin.com/in/richristiansen/

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