Few family businesses are able to sustain themselves after the third generation. At this juncture, the family has become large and the dynamics more complex. It requires carefully navigating through internal and external challenges to remain cohesive. As a member of the six-generation-old Hermes high fashion enterprise said, “You do not inherit the family business; you borrow in from your grandchildren.” Dennis Jaffe PhD has been a leading architect of the field of family enterprise consulting and is an acclaimed speaker and workshop leader in programs for business families and financial service firms. He’s a Family Business Scholar at the Smith Family Business Program at Cornell University, a faculty advisor at the Ultra High Net Worth Institute and a regular contributor to Forbes Leadership channel reporting on cross-generational family business and wealth.