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LGA Lighthouse - Guiding Family Business Continuity

LGA Lighthouse - Guiding Family Business Continuity

Written by: Lansberg Gersick Advisors
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About this listen

The LGA Lighthouse Podcast discusses a wide range of engaging topics relevant to multi-generational family enterprises. Host Tim Yeung guides thoughtful discussions with leading business advisors, prominent family members, and industry experts providing actionable insights to illuminate how family businesses build success from generation to generation. From long-term continuity to growing impact, LGA Lighthouse is a resource for family business at every stage of their journey.

Please note that the ideas and information shared in this podcast are for general knowledge and informational purposes only and should not be considered a substitute for professional advice.

2020 LGA Lighthouse
Economics Management Management & Leadership
Episodes
  • What Can Elite Performers Teach Your Family Business About Success?
    Feb 18 2026

    In this episode of the LGA Lighthouse podcast, host Tim Yeung interviews Dr. Alex Auerbach, a performance psychologist who has worked with elite professional athletes and high-performing individuals. Alex shares powerful insights on how the principles of peak performance psychology can be applied to family enterprises to foster long-term success.

    - Combining Growth and Fixed Mindsets: The best performers, whether in sports or business, don't just have a growth mindset; they also leverage a fixed mindset. While a growth mindset is the belief that effort and persistence lead to improvement, a fixed mindset is the belief in one's unique, natural talent. The key is to have both: an unwavering belief in a signature strength and the dedication to work tirelessly to hone it. For family enterprises, this means identifying the family's core strengths and values while continuously pushing to innovate and improve.

    -Strategic Recovery as an Investment: Alex challenges the "grind culture" mentality that views rest as a weakness. He emphasizes that recovery is a strategic investment in future performance. Overworking leads to diminished quality, burnout, and injury. For family members and leaders, intentional rest, whether it's daily downtime or a family retreat, is critical for consolidating learning, recharging mental and physical energy, and sustaining high-level performance.

    -Using Values as a Guide: Values are more than just words on a wall; they are the bedrock of great teams and families. Alex discusses how leaders and individuals who act in accordance with their core values demonstrate psychological flexibility and create emotional cohesion. In times of uncertainty, a clear set of shared values acts as a compass for decision-making and provides a powerful sense of connection and purpose. This alignment between what a family believes and how they act is a key ingredient for long-term health and success.

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    40 mins
  • How Are Generational Shifts in China Reshaping the Global Family Business?
    Jan 28 2026

    In this episode of the LGA Lighthouse podcast, host Tim Yeung interviews Zak Dychtwald, author of the book Young China: How the Restless Generation Will Change Their Country and the World and founder of the Young China Group. Zak provides a human-centered view of the generational and cultural shifts happening in China, and how they're reshaping global business, family dynamics, and individual identity.

    -Understanding China's Innovation Ecosystem: Zak challenges the misconception that China's innovation is solely government-driven. He argues that the country's rapid pace of change has created a population that is exceptionally adaptive and willing to adopt new technologies and products. This, coupled with a fiercely competitive domestic market, makes China a premier proving ground for global products. Companies that can succeed here can often thrive internationally, as Chinese businesses are masters of "one-to-ten innovation" rapidly iterating, improving, and scaling ideas.

    -The Clash of Tradition and Modernity: China's Younger generation is navigating a generational gap, as they confront the values of their parents' more traditional generation. While older Chinese generations prioritized hard work, austerity, and delayed gratification to escape poverty, the Younger generation is focused on questions of identity and purpose. This tension is playing out in personal decisions around career, marriage, and family life, challenging long-held traditions.

    -Bridging the Generational Divide with Empathy: Despite these generational differences, Zak highlights the strong bonds within Chinese families, particularly through intergenerational child-rearing. This constant, intimate contact between grandparents and grandchildren fosters a level of empathy that helps bridge the generational divide. For family businesses globally, this offers a powerful lesson: understanding and addressing the pressures and aspirations of the rising generation is critical for ensuring a successful and meaningful legacy.

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    43 mins
  • How can Families Build Lasting Wealth Beyond the Balance Sheet?
    Jan 5 2026

    In this episode of the LGA Lighthouse podcast, host Tim Yeung interviews Feisal Alibhai, founder of Qineticare, “the world's first family health office”. Drawing on his experience as a third-generation entrepreneur and a stage-three cancer survivor, Feisal shares a profound perspective on what it takes for families to build true, lasting wealth that extends beyond financial capital.

    - Individual Alignment Precedes Collective Success: Feisal emphasizes that no amount of governance structures or family constitutions can compensate for the personal misalignment of individuals. While advisors often focus on building a strong family system, Feisal’s work is dedicated to preparing the individual first. By helping each person build their inner capacity and integrity, in their physical, mental, emotional, and relational health, they are better equipped to show up as their "true self," rather than a fragmented version of themselves. This foundational work on the individual is the key to creating a collective that is sustainable and resilient.

    -Redefining Wealth as Well-being: The diagnosis of stage-three cancer forced Feisal to re-evaluate his priorities and his definition of success. He realized that true wealth is not just about a number on a balance sheet; it is about the well-being of the family. He encourages families to invest in their people with the same seriousness they bring to managing capital. This means focusing on proactive health management, including nutrition, sleep, gut health, and mental and emotional well-being, to ensure that the family’s greatest asset, its people, is robust and thriving.

    -Shifting from Force to Power: A common obstacle for the rising generation is the fear of failure, particularly in families where success is the norm. Feisal’s work helps families reframe risk and vulnerability. He suggests adopting the explicit norm: "Don't cry over spilled milk." By naming this stance, the older generation can normalize risk by sharing stories of their own stumbles, and the Younger generation is given permission to experiment and learn without the pressure of perfection. This shift from "force" to "power" and from control to collaboration, fosters an environment where the next generation can grow into their full potential.

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    43 mins
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