Leave a Legacy
Kevin Spafford is Farm Journal’s succession planning expert for the Farm Journal Legacy Project. He hosts the nationally-televised ‘Leave a Legacy’ TV, facilitates an ongoing series of workshops for farm families across the U.S., and is the author of Legacy by Design: Succession Planning for Agribusiness Owners.
Jump Into the Fray
Mar 26, 2014
From Legacy Moment (03.14.2014).
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Biographies from across the American landscape are rife with ideas and lessons that can guide today's agripreneurs to solutions. The challenges of yesterday prepared us with the education, experience and insight to meet the complexities of tomorrow. Although farming practices and management methods change, principles on the path to success are everlasting.
A farmer friend likes to say, "We develop bad habits during good times, and good habits during bad." With that in mind, 2014 is an excellent time to focus on the fine points of business management, marketing proficiency and leadership development. To put it bluntly, the winners will be separated from the whiners with a healthy dose of tenacity, patience and long-term vision.
Start with a renewed business plan. Examine every facet of your operation. Take it apart, spread it across the desk, and ensure that each function is necessary, providing a clear path to the bottom line. (Have questions about how best to proceed? Share your concerns confidentially; others likely face the same issues.)
Don't stand aside as a spectator and wistfully wish for your situation to be different. Jump into the fray, take control and be the solution. This nation was built by pioneers, and there is still ground to be broken. America remains the land of opportunity for those agripreneurs strong enough to weather the sometimes daunting, yet conquerable, challenges ahead.
News & Resources for You:
Business planning allows you to envision and then test your theories in writing. If they don't work on paper, they won't work in the real world.
Catch up on archived episodes of "Leave a Legacy TV" for stellar examples of agripreneurs developing resourceful solutions for success. (And a new episode airs this Friday, March 28th!)
Explore an unparalleled library of succession planning resources at eLegacyConnect.
Photo Courtesy of USDA NRCS.