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When you have a son or daughter come back to the family operation, are you setting them up for success, or failure? Are you dropping them in the deep-end with oppressive amounts of debt and no knowledge of how the business works? Or are you giving them space to make small mistakes and learn what they need to know to be successful later down the road? Wanting to help your kids is a great thing, but saddling them with $500K to $1M debt, and no understanding of the significance of that money, isn’t the way to help.
Check out the Impact Legacy Farmer is having on the American Farmer here: www.legacyfarmer.org
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When you have a son or daughter come back to the family operation, are you setting them up for success, or failure? Are you dropping them in the deep-end with oppressive amounts of debt and no knowledge of how the business works? Or are you giving them space to make small mistakes and learn what they need to know to be successful later down the road? Wanting to help your kids is a great thing, but saddling them with $500K to $1M debt, and no understanding of the significance of that money, isn’t the way to help.
Check out the Impact Legacy Farmer is having on the American Farmer here: www.legacyfarmer.org
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