Posted by K Effective on March 20, 2016 at 18:47:11 from (162.235.236.141):
In Reply to: Farms come and gone posted by Al Baker(pumpman) on March 20, 2016 at 14:41:22:
The Harvard Business Review has statistics on the family-owned business failure rate, and only 10 percent surviving the third generation. It's not just farms, but all privately held businesses. You guys have hit on many of the reasons- work ethic, education, transition and planning.
I hope I'm lucky that my Grandpa was not full-time farming at any point, nor my Dad nor I, so we have never depended on the farm for living wages. I really respect and feel for those who do choose this as their livelihood, the risks and level of control are outrageous. I try to defer to the full-time farmer when my hobby might impede them.
I will most likely be the last to farm this ground. I only know a couple of people who, when they hear what I do outside of my day job to make this farm work, don't think I am absolutely insane. And they may be right.
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