Early-stage impact investments can be a powerful tool for scaling businesses that are designed to make money and have measurable social impact. Though investments in mission-driven startups are risky, they can generate extraordinary financial returns while enabling innovative businesses to address critical social and environmental problems. Early-stage impact investing can help preserve a family’s sense of collective purpose and cultivate entrepreneurial spirit across multiple generations. The tangibility, excitement, and mission clarity of early-stage impact investments often appeal to younger family members and can help engage them in the management of family assets.

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