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LGA Lighthouse - Guiding Family Business ContinuityAuthor: Lansberg Gersick Advisors
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. Language: en Genres: Business, Management Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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How can Families Build Lasting Wealth Beyond the Balance Sheet?
Episode 5
Monday, 5 January, 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.
