Farm4Profit Podcast

Hayes Family Transition Plan w/ Elaine Froese

Episode Summary

Succession Planning or Transition Planning, no matter what you call it, never is easy to do. Listen in as our expert Elaine Froese works through a live discussion with the Hayes Family. From Central Iowa the Father and 3 sons work through the first steps towards putting a plan in place to transition their farm to the next generation.

Episode Notes

Dick Wittman – Getting out of the way without going away. https://podcasts.google.com/feed/aHR0cHM6Ly9pbXBhY3RmYXJtaW5nLmxpYnN5bi5jb20vcnNz/episode/OGYwNGRhY2YtYzQxMC00NGFiLTg4YTgtYTU0MDY0ZmVmNTA5?sa=X&ved=0CAUQkfYCahcKEwjo79GJ-vf1AhUAAAAAHQAAAAAQCg&hl=en-CA

Youtube Podcast – Two Economists and a Lender: The Economics of Family living.

https://www.fcsamerica.com/resources/education/common-ground/common-ground/2021/05/21/the-economics-of-family-living

 These items I will put in a folder of tools that hopefully you can link to the podcast.

Dick Wittman – Compensation worksheet

Dr. Baker for Iowa State University, the ultimate decision maker

Conflict dynamic profile questionnaire sample report and guide

Back of card – Binder Tabs

Emotional Blackmail by Susan Forward

https://www.amazon.ca/Emotional-Blackmail-People-Obligation-Manipulate/dp/0060928972/ref=sr_1_1?crid=VTE2MOTQQD92&keywords=emotional+blackmail+by+susan+forward&qid=1651507039&sprefix=Emotional+Black%2Caps%2C165&sr=8-1

Lance Woodbury  lance.woodbury@kcoe.com  Ask him for his newsletter.

Dick Wittman – wittmanconsulting.com

Chris Delaney – The Naked Opus

https://www.amazon.ca/Naked-Opus-Growing-Family-Wealth/dp/1988344018/ref=sr_1_1?crid=22ZK05HWVD2D&keywords=The+Naked+Opus+by+Chris+Delaney&qid=1651507099&sprefix=the+naked+opus+by+chris+delaney%2Caps%2C150&sr=8-1

Finding fairness in farm transition with Elaine Froese

https://www.youtube.com/watch?v=dVgmMQC95rc

Deri Latimer – Not Crazy – Just Human

https://www.amazon.ca/Not-Crazy-Just-Human-Through-ebook/dp/B09J1W18FR/ref=sr_1_1?crid=1EK26ZUX58XEF&keywords=not+crazy+just+human&qid=1651507143&sprefix=Not+Crazy+%2Caps%2C155&sr=8-1

Dick Wittman – Family Business Questionnaire, cannot give this out.

Stephan Poulter – Father Factor

https://www.amazon.ca/Father-Factor-Fathers-Legacy-Impacts-ebook/dp/B003Z0BKM4/ref=sr_1_2?crid=5KKEN4TY24A7&keywords=The+Father+Factor+by+Stephan+Poulter&qid=1651507189&sprefix=the+father+factor+by+stephan+poulter%2Caps%2C153&sr=8-2

PSI – Personal Style Assessment – CRG Leader Group

https://crgleader.com/product-category/assessments/

Randy Alcorn– Time Money and Eternity and Possessions

https://www.amazon.ca/Money-Possessions-Eternity-Randy-Alcorn/dp/0842353607/ref=sr_1_1?crid=3VYR0QR4U0BNI&keywords=Time+money+eternity+and+possessions+by+Randy+Alcorn&qid=1651507241&sprefix=time+money+eternity+and+possessions+by+randy+alcorn%2Caps%2C154&sr=8-1

INlaws link – www.Iowafarmerswife.com/events Webinar on Farming’s In-Law Factor is June 11.

Tool from psychologist or contact info

www.moneymindandmeaning.com   Dr. Moira Somers Financial Psychologist

Elaine’s contact information   www.elainefroese.com/contact

Building your farm legacy – audio book  by Elaine Froese at www.audible.com

https://www.audible.ca/search?keywords=Building+your+Farm+Legacy&ref-override=a_hp_t1_header_search&k=Building+your+Farm+Legacy&crid=YI3ZESO7CMKO&sprefix=building+your+farm+legacy%2Cna-audible-ca%2C150&i=na-audible-ca&url=search-alias%3Dna-audible-ca&ref=nb_sb_noss