In this episode, I had the privilege of speaking with James Ferragamo, third generation of one of the most iconic luxury brands in the world.We talked about the real challenges that global family businesses face from generational succession and governance, to professionalizing the legacy and expanding into new industries like hospitality and wine.James shared powerful insights on:* The visionary leadership of his grandmother Wanda, in a time when few women led companies* How limiting third-generation involvement helped prevent future conflict* Why succession should be discussed before it becomes urgent* The importance of professionalizing without losing the family soulAnd how the Ferragamo story proves that legacy isn’t something you inherit it’s something you build, day by day.If you’re part of a family business, advise one, or simply believe in their long-term potential, this episode offers deep insights and valuable takeaways.Subscribe for more real stories from family businesses around the world.

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