Rural Succession Planning
Start with the end in mind and stay focused on where you are heading.
Start Succession Planning Early
We do not inherit the land we borrow it from our children
Learn to Communicate
People are the most important asset you have in your family business. Learning to accept people for who they are not what they aren't can make all the difference.
Value the Younger Generation
Be open with the younger generation and listen to their ideas.
People Matter
It is the people in the business that are the most important asset. Take time to support each other.
Relationships
A succession outcome for every person in the family is the goal, only then can everyone feel at peace.
Education
Succession Planning takes time, commitment and persistence. In order to have the skills to handle the process and challenges during the succession process we must ensure we are educating ourselves with the right information.
Documentation and Planning
It is important to record your succession planning process only then can you truly measure your level of success and stay focused.
Communication is the key
Communication is the area most neglected in the succession planning process, due to an overwhelming fear of conflict among family members. Without support, guidance and education to assist with this process outcomes will seem impossible.
While it may take some time to successfully achieve a successful family succession outcome it does not have to be all work! Through working together to achieve results there was a lot of fun times on the way. It is all a matter of working on the way we speak to each other and putting yourself in the shoes of other members of the family it is very easy to forget at times that ultimately we all want the same thing, to be happy!
Our Vision is to create positive change by sharing our own “real life” experiences with others and
assisting them in achieving positive outcomes.
We “WALK THE TALK”, do not pretend that succession is easy and know first hand the
challenges you may face.
The fantastic life that we lead today is worth every bit of effort and determination, we would do it
all again to achieve the wonderful outcomes we have experienced, without a doubt.