To increase the chances of running a successful farming operation, families need to collaborate and work together. Look at ways of partnering your farm operation. You can bring some of the management and people power to work with the first generation family capital base.
Technology in the farming industry is constantly changing. No matter what aspect of farming you’re in, the technological changes are huge and they are speeding up, not slowing down. To remain current, farmers should consider creating an advisory board in order to have the right people available to help them solve any problems that will arise.