
Advancing the Legacy
Advancing the Legacy highlights generational succession planning in the Beef Industry. We tell families' stories about navigating successes, troubles, and humor around passing the baton from one generation to the next.
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Advancing the Legacy
Terry Fankhauser: Legacy on the Line
We're diving into the world of Terry Fankhauser, a seasoned voice in the beef industry known for his straight talk about ranching, legacy, and the hard work it takes. Get ready for insights into passing down traditions, navigating industry challenges, and why asking questions is key.
Terry is a rancher with deep agricultural roots. He shares his views on ranching's evolution, succession planning, and adapting to modern agriculture while preserving traditional values.
Join us as we discuss:
- Terry’s family's long history in ranching and the importance of passing down practical skills and responsibilities to future generations.
- The complexities of succession planning, emphasizing the balance between family involvement and ensuring the operation's success.
- The importance of values like quality work and land stewardship, and how they should be passed to future generations.
- Regulatory challenges facing ranchers, particularly environmental regulations, and the need for proactive participation in policy.
- Terry’s perspective on sustainable ranching and the importance of adapting to new technologies while maintaining agricultural traditions.
Cliff is the founder and co-owner of Rocky Mountain Financial Group in Denver, Colorado. He has 30 years of experience working with business owners regarding their estate and business planning.
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Music and Family talking, episode outro
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