You're Building Legacy Wrong!

Episode Description:Legacy. It's one of the most loaded words in entrepreneurship — and one of the most misunderstood. In this episode of Startup Spouses, Marie and Adam Hill get real about what legacy actually means for entrepreneurial couples, why the traditional model is broken, and how to stop building a legacy about you and start building one for them.Drawing on Adam's firsthand experience as a fourth-generation family business leader — and the trauma, obligation, and identity crisis that came with it — this conversation will challenge everything you think you know about passing something on.Show Notes:Episode: Legacy — From Preservation to PreparationStartup Spouses | Helping entrepreneurial couples take their relationship from mediocre to mind-blowingIn this episode, Marie and Adam cover:Why 60% of family businesses don't survive to the second generation — and 90% don't make it to the thirdThe difference between legacy as preservation vs. legacy as preparationHow Adam's fourth-generation family business shaped (and burdened) his identityWhy estate planning and tax strategy are NOT a legacyThe danger of tying your family's entire identity to a single businessHow "sacred cows" silently destroy multi-generational companiesWhy legacy, at its core, is really about control — and what to do about itHow to have values conversations with your kids starting as young as 8 or 9Using your business as a vehicle for the next generation — not an obligationThe "shirt sleeves to shirt sleeves in three generations" phenomenonKey Takeaway:Stop trying to preserve what you've built. Start preparing the next generation to create their own value — on their own terms.