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Entrepreneurial Spirit Legacy – image by Balazs Toth Canva Pro

Entrepreneurial Spirit Legacy

Most wealth is created through entrepreneurship: taking a risk to start a business, and growing that business. Some families with generationally “old” money (i.e. more than 3-4 generations removed from the wealth creator) may have their family wealth in passive assets, and the entrepreneurial spirit that created it is long gone from memory, sometimes irretrievably lost. by David Werdiger

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