When Advice Meets Tradition

Advice that contradicts long-held beliefs or originates from outside the family is frequently viewed as interference in our family business. Although we acknowledge that advisory competencies—financial, legal, emotional, and strategic—are necessary, asking for assistance can come across as a sign of weakness. While younger members are more receptive to outside opinions, older generations place a higher value on experience than expertise. Blind spots remain and growth opportunities are lost as a result of this conflict. Balance could be achieved by using a structured advisory model that respects our values while providing unbiased insight. But first, even when the advice is difficult to hear, we need to learn to listen.