What if the real threat to your family business isn’t drought, interest rates, or commodity prices — but entitlement creeping into the next generation?
In this Mini Episode, Ben Law — The Financial Bloke — takes aim at the behaviour that quietly rots family businesses from the inside. Entitlement isn’t random, and it’s not “just their personality”. Most of the time, we create it at home without realising: standards slip, excuses get tolerated, and kids get rescued instead of raised.
Ben lays out the uncomfortable truth: rules, punishments and guilt don’t fix entitlement. They fuel it. The only antidote that works — every time — is earned pride. The deep pride that comes from sacrifice, contribution and understanding the cost of what the family has built.
If you care about raising capable young adults who can lead the family business into the future — not inherit it with a sense of entitlement — this episode gives you the thinking and the language to make that happen. Hear how professionalism, responsibility and connection to the family story shape the next generation not just to “take over”, but to deserve their place at the table.
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Ben spent over 20 years working with successful business owners and farming families which allowed him to unearth the timeless principles on how to successfully grow, protect and maintain wealth.
If you want to learn the principles of how to grow your family’s wealth throughout the generations, then you might consider joining The AgriCoach Podcast each fortnight for more Wealth & Wisdom.
Disclaimer: The information contained in this podcast is general in nature and for education purposes only. It is not financial advice. It is not legal advice. No one should act on the information without appropriate specific advice for your particular circumstances. Ben Law is a former financial advisor but is no longer licensed and cannot and will not give you specific or personal advice in this podcast. The Financial Bloke Group Pty Ltd accepts no responsibility for any loss or damage occasioned by any person acting or refraining from action as a result of reliance on the information in this podcast.
https://thefinancialbloke.com.au/
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