Rich relationships are the real family jewels. You need to be clear on what your jewels are as you are doing your succession planning. What do you owe your kids?
Videos
Farm succession and family relationships
I’ll never retire
What will you do when you retire? It’s a question that doesn’t make much sense to most farmers since the plan is typically to go with the boots on. When we consider the word retirement it forces us to examine some very core self-perceptions.
Sore Points
For children playing in a sandbox disagreement often results flinging sand at everyone and everything. One way to avoid sandbox behaviour in the farm business is to establish a Family Code of Conduct.
Finding Your Voice
It is through your voice that you have personal power – the power to be heard, to be understood, to make a difference, to move into friendships. John Fast explains that finding your voice is important in order to negotiate for what you truly believe is right and fair.
Changing the Farming Business Model
The number one reason Dad has trouble making the changes to the business model desired by the next generation is because of Dad’s fear the new generation will run the farm better than he did.
Who is the Boss
Family businesses face enormous complexity and this can result in role confusion and internal conflict. Who is the boss? Dad? The farm manager?
Farmers without wills
An untimely death without a will jeopardizes the financial viability of your farm and could leave your family in an absolute mess.
John Fast: The Daughter-in-law
“Please fix our daughter-in-law!” According to Dr. John Fast this is a very common complaint in farm businesses and a most convenient person to blame when things are not going well.
Canadian Cattlemen Presents: Depth of Field
