If you look at the children and grandchildren of famous people, they rarely are as capable as the famous person. This holds true in hereditary monarchies too. So the family gets established by someone who can conquer a country and hold it. But later generations just don’t have the ability and will to keep things going.
Plus you have the issue for all leaders that they have blind spots and get less capable as they get older. Term limits are very useful because they push politicians out rather than let them get old, senile and weak, like Marshall Petain in France or Félix Houphouët-Boigny of the Ivory Coast.
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