The Psychology of Money Blog
Welcome to Dr. Lami’s Wealth Psychology Blog!
On this page you will find articles and information related to the psychology of money and wealth.
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The Role of a Family Dynamic Advisor – An Exclusive Interview With Dr. Lami
In the intricate world of family businesses, family offices, and ultra-high-net-worth (UHNW) families, maintaining harmony and ensuring long-term...
When to Let Go: Navigating Emotional Sales in Family Businesses
Selling a family business or parting with a significant asset can be one of the most challenging decisions for family business owners, laden with...
Wealth Wisdom: Making Smart Decisions in Family Businesses
In family businesses, managing wealth is not just about maintaining profitability; it's also about ensuring the financial security and legacy of the...
Tradition Meets Innovation: The New Era of Family Business
In a rapidly evolving market, family businesses face the unique challenge of balancing time-honored traditions with the necessity for innovation....
The Family Factor: Unpacking Psychological Dynamics in Business
Navigating the psychological dynamics in a family business can be as complex as any strategic business decision. My experience working with...
The Hidden Perils of Family Business Relationships
Family business relationships are unique and complex, intertwining personal and professional lives in ways that can create both opportunities and...
The Blueprint for Successful Family Business Structures
Creating a robust structure for a family business is essential for ensuring operational efficiency, maintaining harmony, and achieving long-term...
Succession Secrets: Steering Family-Owned Companies to Future Success
Succession planning in a family-owned business is not just a transitional process; it's a critical foundation for its future stability and growth....
Power Dynamics: Solving Family Business Struggles Effectively
In family businesses, power dynamics can significantly impact both business operations and family relationships. Understanding and effectively...
Nurturing Talent: Key Insights for Family Firm Success
Nurturing talent within a family firm is essential for ensuring the business's growth and longevity. The process involves identifying potential,...
Next-Gen Leaders: Shaping Heirs in Family Enterprises
Preparing the next generation of leaders is a pivotal task for any family business aiming to thrive across multiple generations. Having guided many...
Mastering Dual Roles: Thriving in Family Business Balance
Balancing dual roles in a family business requires a delicate equilibrium between personal relationships and professional responsibilities. As...