# 46 - Succession Series Part 2 - Building Trust Within Farming Families episode artwork

EPISODE · Mar 12, 2020 · 52 MIN

# 46 - Succession Series Part 2 - Building Trust Within Farming Families

from Profitable Farmer · host Farm Owners Academy

Trust is critical to any high-performing team.  Equally, it is essential to effective family-farming businesses...   Do you have a strong basis of trust and mutual respect within your farm team?   Like a muscle, trust can be worked on and strengthened over time.   Most of us just don’t know how, or where, to start.   To expand further on the topic of farm succession, I once again speak with Tony Catt, Director of Catapult Wealth, and we explore: why trust is essential to effective succession planning, how trust is broken, the 3 communication and trust ‘killers’, how to build trust where it has previously been absent, the important roles each of us play within the family to nurture a culture of trust and respect.   Tony suggests that sometimes our focus should temporarily move away from important succession conversations until a basis of trust is re-established.   We also explore the notion that all of this is just good, professional business practice. Again, we have so much to learn from businesses who achieve a strong and powerful culture of trust within their teams.   An open dialogue as a family around this sensitive topic is a great place to start.   Grab a cuppa, wrangle your family and enjoy! Regards, Jeremy 

Trust is critical to any high-performing team.  Equally, it is essential to effective family-farming businesses...  Do you have a strong basis of trust and mutual respect within your farm team?  Like a muscle, trust can be worked on and strengthened over time.  Most of us just don’t know how, or where, to start.  To expand further on the topic of farm succession, I once again speak with Tony Catt, Director of Catapult Wealth, and we explore: why trust is essential to effective succession planning, how trust is broken, the 3 communication and trust ‘killers’, how to build trust where it has previously been absent, the important roles each of us play within the family to nurture a culture of trust and respect.  Tony suggests that sometimes our focus should temporarily move away from important succession conversations until a basis of trust is re-established.  We also explore the notion that all of this is just good, professional business practice. Again, we have so much to learn from businesses who achieve a strong and powerful culture of trust within their teams.  An open dialogue as a family around this sensitive topic is a great place to start.  Grab a cuppa, wrangle your family and enjoy! Regards, Jeremy

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# 46 - Succession Series Part 2 - Building Trust Within Farming Families

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Trust is critical to any high-performing team.  Equally, it is essential to effective family-farming businesses...   Do you have a strong basis of trust and mutual respect within your farm team?   Like a muscle, trust can be worked on and...

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