Beating the Midas Curse

Book excerpt: Only 1 out of 10 families successfully pass their unity and prosperity from one generation to the next. For as long as historical records have been kept, the three-generation cycle of boom to bust has been the painful reality for nine out of ten families. Two thousand years ago in China the saying was 'wealth never survives three generations.' A century ago in Brazil it was 'from the stables to the stars to the stables' in three generations. Many cultures, one sad tradition of loss and failure. Watching your family's material assets fade away is bad enough; even worse is witnessing the damage done to individual family member achievement and family unity, in large part because traditional inheritance planning fails to address the Midas Curse. Perry Cochell and Rod Zeeb knew why so many families were failing. For them, the more important question was: what were the 10% of families who continue to thrive and prosper generation after generation doing differently? Beating the Midas Curse is the product of decades of research and practical experience with hundreds of families at all income levels, from average income earners to billionaires. It details the practical, proven methods identified by Cochell and Zeeb that have been used for centuries by the 'successful 10%' to beat the Midas Curse. Start with the information in this book, and then begin your family's own multi-generational journey to greater unity, strength and prosperity-right now.