{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"The $15 Million Lesson Driving Jace Young, His Work, and the Launch of Legacy Farmer","description":"Farm succession is one of the most emotionally charged and financially complex conversations in agriculture\u2014and yet it\u2019s often the one families avoid the longest. In this episode of The Impact Farming Show, Tracy sits down with Jace D. Young, founder of Legacy Farmer, to reveal the hard truths about farm succession that most families avoid. Drawing from a pivotal $15 million lesson in his family farm and lessons learned throughout his career, Jace shares his passion for helping farmers succeed and the story behind the launch of Legacy Farmer. From founder fears and control to the myth of \u201cfair and equal,\u201d and the realities the next generation must face before stepping into the business, this conversation goes far beyond succession planning and dives into leadership, communication, and financial readiness. If you\u2019re a founder, successor, or part of a multi-generation farm family, this episode will challenge how you think about legacy\u2014and what it really takes to protect it. Episode Highlights - The $15 million lesson that changed Jace\u2019s family farm and his and life trajectory - How Jace\u2019s banking background exposed the hidden risks in farm lending - What legacy truly means beyond land, assets, and inheritance - Why founders stall succession planning\u2014and the fears driving control and delay - The uncomfortable truth about fair vs. equal in farm families - Hard realities the next generation needs to hear before coming back - Why financial disclosure and written agreements are non-negotiable - How long is too long to wait when succession keeps getting postponed In this conversation \u2013 Welcome & introduction to Jace Young \u2013 The $15 million lesson that changed everything for Jace \u2013 From banking to launching Legacy Farmer \u2013 What \u201clegacy\u201d really means in farming \u2013 Why founders delay succession planning \u2013 Control, fear, and identity in farm transitions \u2013 The truth about \u201cfair vs. equal\u201d \u2013 Hard truths the next generation must face \u2013 How a 25-year-old should prepare to come back to the farm \u2013 Financial disclosure, written agreements & tough conversations \u2013 How long to wait for clarity before moving on \u2013 Final advice for farm families navigating succession If this episode resonated with you, share it with your family, business partners, or next-generation leaders who need to hear these truths. Thanks for tuning in, Tracy ============ Call to Action \ud83d\udc49 Subscribe to The Impact Farming Show  https:\/\/www.farmmarketer.com\/impact_farming_show\/sign-up \ud83d\udc49 Leave a review to help more farm families find these conversations \ud83d\udc49 Follow us for more real, honest discussions about the business of farming Show Resources Legacy Farmer: Coaching and education to help farmers master their finances and build a lasting legacy \ud83d\udc49 https:\/\/www.legacyfarmer.com Legacy Farmer YouTube & Podcast:  https:\/\/www.youtube.com\/@Legacy.Farmer https:\/\/podcasts.apple.com\/ca\/podcast\/legacy-farmer-the-podcast\/id1451112290 ============ \u2705 CONNECT With The Impact Farming Show & Farm Marketer \ud83d\udc49 Facebook (The Impact Farming Show): https:\/\/web.facebook.com\/impactfarming\/?_rdc=1&_rdr  \ud83d\udc49 Instagram (The Impact Farming Show): https:\/\/www.instagram.com\/impact_farming_show\/ \ud83d\udc49 Facebook (Farm Marketer): https:\/\/web.facebook.com\/farmmarketercom\/?_rdc=1&_rdr   \ud83d\udc49 Instagram (Farm Marketer): https:\/\/www.instagram.com\/farmmarketercom\/?hl=en  \ud83d\udc49 Twitter (X): https:\/\/x.com\/farmmarketercom   \ud83d\udc49 Website: https:\/\/www.farmmarketer.com\/     \ud83d\udd0e Related Phrases: Jace Young, Legacy Farmer, Farm Transition Planning, Farm Succession Planning, Tracy Brunet, Impact Farming Show, Agriculture, Farming, Farmlife, Agribusiness, Farm Business, Farm Finance, Farm Management, Sustainable Farming,  Farming Tips, Farm Business Management, Farming Success, Farm Funding Solutions, Agricultural Finance, Farming Innovations, Farm Financial Solutions, Farm Founders, Farm Successors, Agribusiness #JaceYoung #LegacyFarmer #FarmTransitionPlanning #FarmSuccessionPlanning #FarmFounders #FarmSuccessors #TracyBrunet #ImpactFarmingShow #FarmBusiness #FarmFinance #FarmManagement #SustainableFarming #TransitionPlanning #SuccessionPlanning #FarmingTips #FarmBusinessManagement #FarmingSuccess #FinancialIndependenceForFarmers #WealthManagementForFarmers #FarmFundingSolutions #AgriculturalFinance #FarmingInnovations #FarmFinancialSolutions  \u26a0\ufe0f Disclaimer: I do not accept any liability for any loss or damage incurred from you acting or not acting as a result of watching any of my publications. You acknowledge that you use the information I provide at your own risk. Do your research.  \u00a9 The Impact Farming Show: Produced by Farm Marketer ","author_name":"Impact Farming","author_url":"http:\/\/impactfarming.libsyn.com\/website","html":"