The Legacy Pyramid
Greg McCann, J.D., director of Stetson University’s Family Business Center, says if all you’re doing is responding to risks as they blow up, you’re a reactive owner. This is the antithesis of creating a legacy.
REMODELING Magazine “If you’re at the next level, just running the business, which is normal, and typical, you’re not creating a legacy,” McCann says. “It’s those next two layers that really create value in a business … You really create economic value, value to the community, to the family.”