a) The first mindset we want to change is aspiring farmer mindsets. Just because someone says you can’t do something, doesn’t mean that is the truth. Go ask other people, google, and follow us!
You can own a farm, it is just hard work and you need to partner - watch the ‘one-hour farm ownership pathway plan’ presentation to be inspired.
b) The next phase, which is going to take longer, is to change the mindsets of farmers and retiring farmers.
We are asking retiring farmers to think about sharing ownership to transition off their farm (or stay on forever) rather than selling (if they don’t have kids to take it on).
But sharing ownership with someone else’s kids is a big concept to grasp and it is not for many people. But for those that this could be an option, we simply ask them to consider it, kick it around and chat to friends and family about the concept.
We talk to many retiring farmers who love the idea of sharing ownership while they step back. We are certain that it just isn’t something retiring farmers have even considered. So we need to get more case studies and create more awareness of the opportunity.
c) For current farmers, we want to encourage that if they are looking to employ a farmer to work with them, that in order to attract and retain the best, you should offer some form of ownership.
This doesn’t mean giving them equity in the farm from day one. It just means that you are open to them building their wealth while they work on the farm. This is most likely all that many aspiring farmers want.
It could be that you let them buy into the herd or the crop. That you reduce their wage so that they are sharing in the cost of production, but then sharing in the rewards at harvest. It could be that you jointly buy a property next door that you include in the whole operation. There are many options of giving ownership, again it is about having discussions until you get something that is a win-win.