Legacy Farmer The Podcast Jace D. Young

Many of the older generation of farmers are set in their ways and reluctant to change. The members of the younger generation have to be willing to adapt and change with the world around them if they want their operation to survive. Once you have gotten an operation up and running and, most importantly, stable, you figure out your own way of doing things that works best for you. This makes the process personal and leads to the reluctance to give it up or embrace change when needed. Doing things our own way has a shelf life and won’t last forever.  

Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org

This time of year can be extremely scary and stressful for people in the Ag Industry. It’s a time with high bills and low income, which can cause people to panic and start to tell themselves stories that they aren't financially stable, when they really are. Knowing your numbers is the best way to alleviate all of that stress and worry. Without knowing your numbers, the stories will control you for the majority of the year. If you are listening to those stories, and living in scarcity, it is affecting all other aspects of your life, not just business.
 
Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org 

The farming and ranching industry has a very high suicide rate, and it’s only gotten worse over the last decade or so. Many times we think that if we just had money it would solve our problems. What we don’t realize is that the problems run far deeper than that and once the surface-level problem of money is gone, all we are left with is the deep, festering, real issues below it.  
 
Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org 

All business owners go through pits and peaks when starting and growing a business. It’s very important to be able to recognize when you are in a bit and to not let yourself get stuck there. Our lives can be broken up into the 4 categories of body, being, balance, and business. Many times when the business is struggling it is one, or multiple, of the other categories pulling it down. Focusing on those other areas first can solve a lot of your problems without even touching the business. Taking action is key.

Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org

We all get into what we are doing to build something better for the next generation. We all have a vision on how we get to that point, and if things don’t go exactly as planned, we can start to feel like a failure. Sometimes, we also have to reevaluate the path we are taking to make sure it’s the most sustainable. Holding the goal of handing down a legacy is the most important, but you have to be flexible on how you get there. You also might have to be flexible on how exactly you hand down the legacy. What you have in mind might not be the best solution. If you know there are problems in the business, just take actions and get them fixed.
 
Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org 

A lot of people like to tell themselves that once they fix their financial problems, everything will come together in their life. The issue is, once you fix the financial problems, all you are left with is the real problems. When it comes to solving financial problems, for some people it’s quick, for others, it can take years. When you are trying to build something great with your life, it will come at the expense of those you hold closest. Be it your time, or energy spent with those people. It is a heavy price to pay. You are constantly sacrificing time WITH the people you love most, FOR the people you love most, even though it can feel wrong in the moment. As a father and husband, this will weigh on you. You should recognize the pain on both sides and understand what your family is going through as well. 
 
Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org