Ep 36: From San Francisco - How Americans Build to Last
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Do you build your business to last a lifetime, or just until your next holiday?
Recording from a mobile studio in San Francisco, Richard and Lee look at the stark differences between Australian and American business cultures. They reflect on the "dynasty" models of iconic institutions like In-N-Out Burger and Boudin Sourdough, noting how these families focus on generational wealth rather than a quick exit.
Richard and Lee challenge the common Australian tendency to sell up and retire (often for a caravan and a quiet life) and ask whether we should be grooming the next generation to take over the trial-and-error phase we've already conquered.
If you've ever wondered if there's a more ambitious way to structure your family's future, this conversation from the streets of California offers a glimpse into a world where you can do anything unless you're explicitly told you can't!
If you enjoy it, they'd love to hear from you!
Drop a comment on the episode - or get in touch via Instagram: @RichlyToldPodcast
This is a Podvan Media production.