DiscoverWhat Didn't Kill You? with Michael SilvermanNavigating the Complexities of Generational Wealth With Ella Chase
Navigating the Complexities of Generational Wealth With Ella Chase

Navigating the Complexities of Generational Wealth With Ella Chase

Update: 2020-09-08
Share

Description

Joining me today is Ella Chase! Ella is redefining the evolution of the family office and the role of female inheritor.


Ella is a Co-Founder at ‘Wellth Works’, a Coaching Firm designed to help individuals and groups of (mostly) women navigate the pressures and expectations that come with generational wealth. For many women of esteemed families, the feeling of needing to uphold a family lineage can get overwhelming and there aren’t a lot of spaces available where these conversations can be held openly and without judgment. 


Ella has dedicated her time at ‘Wellth Works’ to having these tough conversations and brings her extensive knowledge of sales, consulting, and business strategizing to the table when approaching each clients’ concerns. In this episode, we talk about the challenges that are present within complex family dynamics, why experiencing adversity is so necessary, and why we should look at success more holistically rather than solely financially.      


To hear more, tune in to Episode 9 of What Didn’t Kill You!


Some Questions I Ask:

  • What is ‘Wellth Works’ and how did it come to be? (0:48 )
  • Why do you think it took nearly losing your friend to cancer to start making changes in your own life? (7:05 )
  • What is your goal when it comes to your coaching clients? (11:45 )
  • Have you seen financial dynamics complicate your clients’ search for purpose? (14:32 )
  • What do cross-generational empathetic connections look like, both within your family and your client base at ‘Wellth Works’? (27:51 )
  • How do you navigate imposter syndrome at ‘Wellth Works’? (36:13 )
  • How do you plan what an outcome will look like with a client? (44:01 )
  • What is your ideal result with the families and people you work with? (45:50 )
  • What advice can you give to anyone out there who is navigating a difficult dynamic within their own family? (49:10 )


In This Episode You Will Learn:

  • What led Ella to ‘hit the eject button’ on her life before starting her business (3:02 )
  • What Ella’s upbringing was like as a seventh-generation inheritor & Why growing up with an emphasis on tradition influenced her decision to create ‘Wellth Works’ (3:35 )
  • Why Ella’s experience as a Junior Olympic Downhill Ski Racer showed her the value of ownership over herself (4:39 )
  • Ella’s perspective on why it’s necessary to experience adversity (16:15 )
  • Why failure needs to be processed rather than moved on from (20:25 )
  • How Ella’s perspective on family values impacted her approach towards future generations (22:04
  • What Ella has taken away from seeing complacency and inertia within her family (25:31 )
  • Why we should separate negative observations of ourselves with our identities (32:40 )
  • Why having integrity and setting boundaries is so important for family governance (41:16 )


Let’s Connect!


Connect With Ella Chase:


Resources:


© 2020 Michael Silverman. All rights reserved.  



Hosted on Acast. See acast.com/privacy for more information.

Comments 
In Channel
loading
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

Navigating the Complexities of Generational Wealth With Ella Chase

Navigating the Complexities of Generational Wealth With Ella Chase