Pork Producers Passing Down The Farm
“Pork Producers Know The Answer To This Question”
Greetings: (click to listen)
“Passing Down the Farm” combines elements of strategic, succession, and estate planning along with leadership and management development that will insure your hopes for your farm and your dreams for your family will come true.
It is the transfer of responsibility, accountability, assets, management and ownership to members of your next generation, actions that are settled law and standard business procedures.
“Only you can can make the really important decisions.” (click to listen)
If you’re like most farmers I’ve met, mixed signals about how to provide an opportunity for some and a legacy for others often results in no action taken, not yet anyway.
At the same time the younger people want to expand the operation the senior generation is thinking about their retirement.
And because it never seems actually critical, something that you have to do today I mean, it’s easy enough to put off.
But we all know there is only one direction we can coast.
The contents, tactics for solving the riddle of your emotional triangle (fair vs. equal vs. security), were packaged into individual sessions which I’ll send you via email sequentially.
And you can comment on each session directly, adding your questions and comments receiving feedback in real time. If your questions are private you can email me directly and I’ll get back to you personally.
My objective is to help you enhance your capacity for working things out for yourself, therefore each session and its associated comments is a building block toward self-sufficiency.
This is a process you can bet the farm on, and we deliver it to you piecemeal over several weeks so you and your family have time to internalize the messages and take action in a step by step by step manner.
Because your situation and family dynamics are unique no “one size fits all” approach will work for you.
So, if I was going to be of real and lasting value I had to create a process that was infinitely customizable – for each situation.
How is this possible?
By combining the tried & true strategies and tactics I have used successfully for over three decades with many dozens of successful farmers, creating a “community of common interest” through comments and commentary by your fellow members and my colleagues, and one-to-one communications between you and me.
“Without these interactions, this would be no different than any other “how-to” book or presentation. The challenge was to combine the strategies I’d used successfully over the years with an ongoing personal connection to each person using it. A process that anyone can afford and allows me to serve an ever increasing audience of users.”
“Accuracy First”
Remember the famous quotation, “It doesn’t matter that you’re making good time, when you’re headed in the wrong direction” by Will Rodgers? The same thing applies to the important first steps you take in creating your farm’s succession and estate planning direction. If you aren’t careful you can waste a lot of time and a great deal of money unnecessarily. Destroying any possibility of momentum, before you get started.
- The First Three Sessions: You and your family will learn to focus on what’s important so you can determine what you should do first, often saving hundreds if not thousands of dollars. You’ll see how to appoint the right person to manage the day to day collection of important facts and feelings, a great time-saver. And you’ll have a systematic process for organizing everyone’s contribution, saving your advisors time and saving you money in the process.
How You Can Put Someone You Trust In Charge, w/o Losing Control.
The Process For Prioritizing Your Family’s Wishes For The Future“Momentum Second”
The most cost effective decisions are those resulting from strategic conversations, after removing the roadblocks that are always in our path. Building on the first three sessions you’ll be well prepared to tackle the emotionally thorny issues that must be met head on, and dealt with. Wouldn’t it be great if you could have the required “heart to heart” talks with everyone, knowing that the outcomes would dramatically shed light into everyone’s life and result in a farm succession process that is seamless as well as financially successful for everybody?
- Second Three Sessions: “Someday it will all be yours” is not good enough anymore. The folks who intend to run the farm in the next generation want the opportunity to do so and they want to see it in writing. Those who are not going to be on the farm expect to receive their legacy someday, and the senior generation must rely on both decisions to secure their retirement. Is it possible to please everyone?
Priority One! Address The Issues of The Senior Generation 1st.
Handle The “Fair vs. Equal” Quandary Once And For All.
Are The Successors Ready To Run The Place Today? Will They Be Ready Tomorrow?“Staying Focused”
A successful farm succession plan requires the development and maintenance of a general attitude of cooperation, which almost always means compromise. For that attitude to last, each person must work to inspire trust in their ability and willingness to make decisions for the common good – becoming leaders with willing followers. And the role of the farm’s professional advisors must be well understood by all, with a continuous focus on getting the very best value for the very best advice available.
- Last Three Sessions: Successful succession means creating an environment where person to person conflict is easily managed. You’ll quickly understand how to create that atmosphere in your family. Leadership for the future is critical because as soon as the current senior generation gets their situation documented the next generation will have youngsters making their way into the organization. And you will see how ready your successors are right now and what you can do to get them ready sooner rather than later.
Why Can’t We All Just Get Along? How To Successfully Manage Your Differences.
Long Term Success Demands Excellent Leaders. Here’s How To Develop Them.
Become More Savvy Consumers of Professional Advice. A Better Bang For Your Bucks.“Farm Succession is a Process Not An Event!”
Bonus Session: Because farm succession planning is a never ending process, I will show you how to put it on autopilot by leveraging the power of your peers. This is a dynamic process we have used personally for over two decades and one we have introduced to hundreds of trade associations for their members’ use. In short you’ll be able to create groups of peers who will help you test your business assumptions before taking action helping you make better decisions (potentially saving you thousands of dollars) as a result. You will have your own ‘think tank’ of advocates. They are not your family and have no financial axe to grind. These peer groups become fertile leadership and management development resources for years and years to come. All at no charge!
“Some Mistakes The Farm Can Absorb, Others Will Absorb The Farm”
Successful farmers understand the difference and always take the right actions.
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I wish you every success possible!

Wayne Messick
Family Business Consultant

