Profitable Farmer

Episode 101 - Another Look Into Successful Succession

07.27.2022 - By Farm Owners AcademyPlay

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

Succession is often described as a complex, challenging, confronting, highly emotional and intense process.

 

At its worst, succession can tear families apart, damage relationships and be the demise of significant farming dynasties. We have all seen this.

 

In this podcast, I interview succession specialist and ProAgtive Co-Founder Isobel Knight, for another look at this important topic.

 

“Done well, and applying sound business management fundamentals, succession can be a very positive and creative problem-solving process… one that creates very real and significant opportunities for all involved.”

 

This is how succession should be.

 

Over the past 18 years, I have always admired Isobel and the quiet determination she has extended in making a difference for Australian farming families around succession.

 

I love Isobel’s perspective on succession and how she reminds us to focus on the future and create new opportunities for all involved - finding a way to be respectful, empathetic and grateful in how we arrive at the process.

 

Now, leading a team of succession specialists and serving farming families across Australia, we can learn a lot from the process Isobel’s team work through as they facilitate farm family succession meetings.

 

Thank you Isobel, for so openly sharing your view on this important topic and your insight as to how families can set the foundations, through good business management, to do this well. I commend you on a highly successful career and for the impact you have made on our industry.

 

I hope you find this valuable.

 

Hutch & Team

 

P.S. Want to learn the 6 step system that the top 5% of farm owners follow to run their business? Join Farm Owners Academy Co-Founder Andrew Roberts and Managing Director Jeremy Hutchings for this one-day, one-off business summit on the 15th of September that you can join online from the comfort of your home! Andrew and Jeremy will share the best strategies they have picked up from three decades of coaching and also working with hundreds of farm owners. Learn more or secure your seat: https://www.farmownersacademy.com/business-summit/

 

When you’re ready to take the next step and work with us, here are three things you can do:

1. Subscribe to our ‘Profitable Farmer’ podcastThis free audio podcast delivers ideas to help you run a great business, leading to more profit, control and freedom – Click here.2. Join the Farm Owner Academy’s closed Facebook group ‘Profitable Farmer’Our new Facebook community is where smart farm owners learn how to get more profit, control and freedom, and you can connect with like-minded farm owners – Click here to join.3. Work with us privatelyIf you’d like our team to help you scale up your farming business or create a ‘freedom farm’ email us at [email protected] put “Private” in the subject line… tell me a little about your business and what you’d like to improve and I’ll send you the information you need to get started!

More episodes from Profitable Farmer