Running a multigenerational family business is no small feat. Passing on a successful operation where multiple generations are motivated to work, take risks and raise their families is yet another feat. But each is possible, even highly likely, by following this blueprint for motivating the next generation.

One of the key fears of aging farm founders is the conflict they anticipate when the farming heir has access to millions of dollars of land and the siblings who are off to other careers do not have the same net worth opportunity in their future. Or do they?

Tyrell sits down with John R. Erickson, author of the beloved Hank the Cowdog book series, for a meandering and insightful conversation about the animals we live and work with, recovering after wildfires and educating the public about livestock agriculture. 

Al Nessinger first fell in love with his wife, Bev, as a kid, growing up across the road from each other in San Martin, California. They sat next to each other on the school bus and helped each other with farm chores.

Many of today’s youth are served well through 4-H and FFA programs throughout the state and nation, but those aren’t the only successful youth programs available in agriculture. Several commodity or livestock groups tailor specific programs to encourage youth involvement beyond 4-H or FFA, and Amalgamated Sugar Youth Grower Program is one example of these outstanding programs.

It is time to stop guessing what everyone thinks, feels, wants and needs. Explore what stories your grandparents, parents and siblings are telling themselves about the future and transition of wealth on your farm. Ask Grandpa or Mom, “I’m just curious, what is the story you are telling yourself? Is this a scarcity mindset issue? How much is enough? Would you ask for the help of a financial planner to give you more financial security and certainty for your income streams as you age in place on this farm?”

In Olds, Alberta, not far outside Calgary, Harvie Ranching stands as a testament to the lasting tradition of family farming. For over four decades, members of the Harvie family have dedicated themselves to the production of top-quality cattle.