February 27, 2025

#94: From Uncertainty to Unstoppable: How the Conaghan Family Mastered Communication, Collaboration & Succession with Lynise Conaghan - Barmount Feedlot

49 minutes

Most farming families struggle with succession. Some avoid the hard conversations, others get bogged down in conflict, and too many leave it too late. But the Conaghan family? They’ve turned the challenge into an opportunity—and they’re thriving.

In this episode, Lynise Conaghan of Barmount Station joins me to share how her family successfully navigated massive transitions, including transitioning out of a business partnership, bringing the next generation into the operation, and expanding into new ventures—all while keeping their relationships strong.

We dive into:

The mindset shift that transformed their family’s approach to business and succession.
Why clear roles, open communication, and structured family meetings have been game-changers.
How their son Andrew took a side project—feedlot software—and turned it into a thriving national business.
The one thing that nearly every farming family gets wrong about bringing the next generation in (and how to avoid it).
What the Conaghan family did to ensure their farm, feedlot, and legacy will stand strong for generations to come.

If you want your family to avoid the three-generation curse and create a High Performing Family, this episode is packed with lessons you can start applying today.

🎧 Listen now—and if you find value in this, share it with another farming family who needs to hear it!

🚀 BONUS: If you're serious about getting your family on the same page, join us at our High Performing Families Roadmap Workshop. Details at https://agricoach.com.au/prepare/

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Ben spent over 20 years working with successful business owners and farming families which allowed him to unearth the timeless principles on how to successfully grow, protect and maintain wealth.

If you want to learn the principles of how to grow your family’s wealth throughout the generations, then you might consider joining The AgriCoach Podcast each fortnight for more Wealth & Wisdom.

Disclaimer: The information contained in this podcast is general in nature and for education purposes only. It is not financial advice. It is not legal advice. No one should act on the information without appropriate specific advice for your particular circumstances. Ben Law is a former financial advisor but is no longer licensed and cannot and will not give you specific or personal advice in this podcast. The Financial Bloke Group Pty Ltd accepts no responsibility for any loss or damage occasioned by any person acting or refraining from action as a result of reliance on the information in this podcast.

https://thefinancialbloke.com.au/

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By Ben Law