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Real talk for the next generation / Focus on farm transition / FCC Knowledge
Feb 11, 2020
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Real talk for the next generation / Focus on farm transition / FCC Knowledge
Joining the operation as a junior partner takes grit, work ethic and a solid plan to show your value. This week, Patti chats with Family business consultant Jolene Brown who shares lessons every next gen in a transition needs to know.
Key takeaways:
• Being a part of the business is not a birthright - it’s about good leaders hiring good employees
• It’s not the senior generations job to ensure the farm is big enough to bring kids back in
• Younger generation – write a business plan that includes your vision, value and what that costs
• Responsibility should be on those learning - but lack of clear expectations is a common issue.
• Having a person whose job description is to vet the next generation a good approach
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