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Two Critical Capitals: Soft Capital and Hard Capital
The Darker Side of Family Business

The Most Important Capital to Grow

Categories
  • AVW Blog
  • Business Operations
  • Family Legacy
  • Leaders
  • Strategic Planning
  • Succession
Tags

You cannot out think a man who does not think.

There is so much focus on financial capital, yet it can be forgotten that most businesses start with human capital (which is both physical and emotional capital), built on spiritual capital which then creates intellectual capital. Financial capital is a byproduct.

Balance of Wealth - Wheel Only

In second generation businesses and in wealthy families, the focus can become on money; whereas the focus should be:  How do we keep building and improving our physical, emotional, spiritual and intellectual capital?

Doing a balance sheet and profit and loss statement for each year for all four of these types of capitals is a great exercise for individuals, families and businesses to do to get a grasp of how they are doing.

  • How do you teach your family about the non-financial capital that they individually and you as a family should add to each year?
  • What do you teach your organization about growing in the non-financial capital?
  • Are you growing your own physical, emotional, spiritual and intellectual capital?

For increasing the all types of capital among your leaders, your team and your family, call 800-786-4332, or email JSabatini@AppliedVisionWorks.com.  It is a critical step to increased results and a better life!  It only takes 30 minutes to get started!  Your success is in plain sight.  It just takes determination and action!

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