Legacy by Design LLC.
Cultivating Multigenerational Success in the Agricultural Community
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5 Points of Consideration for Talking with Dad...
From Legacy Moment eNewsletter (February 05, 2010) Please join us for future issues, delivered via email each Friday. Recently at the Young Farmers Program in Chicago, I had the privilege of presenting a breakout session entitled “How to Talk to Dad.” Since Ben Hudye of Hudye Farms was planning to attend my session, I asked him to join in and share his story. I had met Ben at his farm in Burlington, Colo., on a ...
The Workshop Tour...
The Legacy Project Workshops are in full swing, and what a week it was! We were in three states over as many days. Starting in Madison, WI, we traveled to Owatonna, MN and then Sioux Falls, SD. Though the content of each presentation is similar, the outcome can vary greatly as the event takes on a life of its own. This first round of workshops was a great experience. Participants demonstrated a desire to learn. They were engaged in the process, took par...
Legacy Project: Leading the Change
The first circuit of Legacy Project workshops has wrapped up, but more will follow in the months ahead. Make plans to join us for the upcoming interactive events, designed to help you get started on the pathway to multigenerational success. More about the workshops Sample agenda More about the Legacy Project Workshops Coming Up... Details to ...
Legacy Project Workshops: Cultivating Multigenerational Success
From Legacy Moment eNewsletter (March 19, 2010) Please join us for future issues, delivered via email each Friday. Feel stuck, stymied, or a bit confused when it comes to succession? If your farm or agribusiness is the most valuable asset you own, representing multiple generations, countless seasons of commitment, your family’s heritage and a promising future, what would it be worth to ensure it remains a viable family oper...
Where Do We Start?
From Legacy Moment eNewsletter (March 12, 2010) Please join us for future issues, delivered via email each Friday. One of the most frequently asked questions I receive following a succession planning presentation is: “Where do we start the process?” How about beginning with the action steps outlined below? Schedule a Family Meeting. Distribute Conversation Starters to all family members and a...
Register Now for Legacy Project Workshops
Creating a lasting legacy, preparing the operation for generational transfer, developing leaders for long-term growth, or planning for an unanticipated contingency - a comprehensive succession strategy is fundamental to every agribusiness. Legacy Project workshops offer hands-on training with succession planning expert Kevin Spafford. The workshops cover a step-by-step process for succession planning beginning with readiness and commencing with i...
10 Questions for Your Succession Adviser
From Legacy Moment eNewsletter (March 05, 2010) Please join us for future issues, delivered via email each Friday. Most succession planning advisers come from one of four professions – financial, accounting, legal or business consulting. Each discipline has its own characteristics that are necessary to the overall process. However, facilitating an agribusiness family’s succession planning process is an entirely different skill. ...
Defining Agripreneur
From Legacy Moment eNewsletter (February 12, 2010) Please join us for future issues, delivered via email each Friday. If ‘agripreneur’ were listed in the dictionary, the definition would read like a page out of Chad Olsen’s biography. Chad is an extraordinary agribusiness owner, and an aspiring agripreneur would be hard-pressed to find a better mentor. Chad and his wife, Pam, own Olsen Custom Farms, LLC. They custo...
Legacy Primer - Download Now Available
Our experience has shown that the right succession plan is key to achieving your goals. We invite you to download a Legacy Primer - 30 pages of information and tools to help you 'Leave a Legacy.' The Primer is brought to you courtesy of the Farm Journal Legacy Project and Pioneer Hi-Bred (content by Legacy by Design). Download Primer Now Legacy Project Workshop Series Leave a Legacy TV - Schedule & Local Listings
Why You Need a Buy/Sell Agreement
From Legacy Moment eNewsletter (February 19, 2010) Please join us for future issues, delivered via email each Friday. The buy/sell agreement is one of the most important tools for maintaining the integrity of a business entity. A properly written and executed buy/sell agreement will: Prevent inactive owners from gaining an ownership interest Ensure ownership continuity in case of death, disabilty, disso...