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Welcome to the StoryFinance podcast, where we’ll help you gain financial literacy by breaking down finance concepts and strategies through stories, not theory or accounting rules. Tune in and learn from experts who’ve been in your shoes. Numbers can be tricky. This podcast will help.
Episodes
Wednesday May 31, 2023
Wednesday May 31, 2023
Hello everyone and welcome back to the Farming for Passive Income show where we strive to educate the agricultural community on how to create alternative income streams and diversification through commercial real estate private equity.
Elaine Froese is a professional speaker, writer, and coach who specializes in helping farm families work through issues surrounding succession, business or that family favorite – communication. Elaine is known as “Canada’s Farm Whisperer,” and she’s been a columnist in Grainews for 26 years.
Elaine is a member of the Canadian Association of Farm Advisors and the Canadian Association of Professional Speakers with the CSP, certified speaking professional designation. Many folks tell Elaine that they “wish they had met her ten years ago.” Her awards include Excellence in Farm Mgt (Wilson Loree 2018), 4-H Canada’s Most Distinguished Alumna (2018), Manitoba 150 Women Trailblazer (2020), Certificate of Merit U of Manitoba Faculty of Ag. (2021)
1:37 How she started being a Family Farm Coach?
03:22 The main pain points she solves
04:25 Why Conflict is not bad and hard to tackle?
7:35 Why Farm Families are avoiding conflict?
10:15 How did she become Canada’s Farm Whisperer?
11:51 3 links - Family, Management, and Ownership system
16:35 Her number question as a Farm Coach
17:25 Financial Transparency in Farm Transition
18:37 A sample of Farm Transition discussion
24:25 “Different is not wrong, it is just different”
26:30 Identifying the conflict mindset
29:40 “You do not have, because you do not ask.”
31:50 Discussion of the books she wrote
35:50 “Life is like a roll of toilet paper. The faster, the quicker you get to the end of the roll.”
37:25 Takeaway from Elaine
Connect with Elaine:
Instagram / Facebook / Tiktok: @farmfamilycoach
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