Mike Downey, Farm Business Coach and Succession Planning Lead at UnCommon Farms. Mike brings decades of experience helping farm families across the country prepare for one of the most important transitions in their operation—succession. In this episode, Mike shares real strategies and tools to simplify the overwhelming task of passing the farm to the next generation, including how to build a plan that protects both relationships and wealth.
Prioritize Your Goals Worksheet &
Des Moines workshop registration links:
Common Traits Webinar:
Common Traits Webinar Recording
Mike’s Linkedin profile:
Michael C. “Mike” Downey
Farm Business Coach & Succession Planning Lead
(O): 618.372.7431 (M): 319.361.2409
Mike Downey of UnCommon Farms to talk all things succession planning. Mike shares how his own farm background inspired him to help other families navigate the often difficult but crucial process of transitioning the farm to the next generation. We explore the emotional and financial side of succession—covering everything from estate planning and business governance to family harmony and leadership development.
Mike also previews the 2025 Succession Workshop Series, including an in-person, full-day event in Des Moines on July 23rd, co-hosted with Paul Neiffer, The Farm CPA. He shares why it’s essential for farmers to have a plan, what common mistakes families make, and the simple tools that can jumpstart progress—like the “Prioritize Your Goals” worksheet.
We close with a discussion on legacy, communication, and the future of the family farm. If you've ever said, “We need to figure out succession—but don’t know where to start,” this episode is for you.
🧩 Bonus: Mike shares how a past guest inspired a listener to take action and bring in UnCommon Farms to help their own family. Succession is personal—and this episode proves it.