At the Alchemia Group we are helping our clients think & act differently in regards to their wealth and its impact on thier family - because we know it is more than just numbers and plans, it's the Balance of Art & Science with Pragmatism and Vision.
The word challenge can have so many meanings:
I’m going to challenge myself.
I challenge you to a duel.
Challenges make the person.
To deny people their human rights is to challenge their very humanity.
In challenge we often find inspiration, new awareness and a deeper capacity for life than we imagined possible. The book Wild by Cheryl Strayed (and the recent movie version) tells the story of someone using challenge to regain a healthy position in the world. The same is true about another recent book, H is for Hawk by Helen Macdonald. Both books are true stories focusing on the challenge of dealing with the death of a parent. In both stories the authors (both women) take on seemingly impossible personal challenges as a way to reconnect with their changed worlds. One decides to solo hike the Pacific Crest Trail, a distance of over 1,000 miles. The other to train a Goshawk, possibly the most difficult of all the hunting raptors and described as bulkier, bloodier, deadlier, and scarier, than other hawks they are sometimes confused with.
Most of us have faced challenges and, at times, challenged ourselves. Healthy challenges expand the reach of individual family members and the overall human and intellectual capital of the entire family. The best Generational Wealth Plans support beneficiaries in challenging themselves and growing from the experience. As we get near the end of the month of being mindful when it comes to Family Wealth I ask you to take a minute and think about a time when you were challenged or challenged yourself. What did the experience mean to you? Have you shared it with your family?
If you would like to talk more about challenges and their role in family wealth plans let me know…