Ranching is a family affair. 97% of farms are family-owned and operated, and many of those enterprises are run by multiple generations of family members. Many personalities, age gaps, and differing opinions can make the dynamics of working alongside family members both a blessing and a real challenge.
A recent Truffle Media Update featured some great advice on this topic from Amy Lynch, Bridgeworks, LLC. Lynch offers a perspective on the mindsets of the four different generations of people involved in production agriculture and how these groups of people respond to communication and idea sharing. You can listen to her insights here.
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While we’re on the topic of family ranching, here are 10 resources from BEEF magazine that will help you work better alongside the many generations of your business:
1. Top 3 Lessons We Should Learn From The Previous Generation
2. Advice For Ranching With Multiple Generations
3. Advice From One Generation To Another
4. 5 Thoughts From A Beef Industry Thinker
5. 10 Estate Planning Tips For Ranchers
6. 5 Things To Keep In Mind When Working With Family
7. Video: A Succession Plan & An Estate Plan
8. Is Your Ranching Operation Business First or Family First?
9. Is Your Estate Plan Up To Snuff?
10. Successful Ranch Managers Need To Look Back To Go Forward
How do you make it work on your family ranch? Who is all involved in your operation? What advice do you have for others for navigating the challenges of working alongside family members? Share your thoughts in the comments section below.
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