Tim, I'm 2 years younger than your dad, and I had the opposite problem…no one to leave the well established/thriving business to. I had employees that could have taken the company and 'run with it', (the company had retirement plan, health insurance and paid the employees better than 'top dollar') but no one wanted to [own and work] at the needed hectic pace….maybe somewhat more than you currently do…70 +hrs/week. My body, at age 57 'broke down' (and btw, I bought my last new piece of equipment at age 61) but I continued to work until I retired at age 65, when I couldn't go any more. I would have sold out for 40 cents on the dollar (due to my health issues), but it required a dedicated person. I ended my career by selling the company a piece at a time. In spite of my health issue 'flare up' I thought I was still "10 feet tall and bullet proof", but 5 years later I had to accept my problem.
My point is, hopefully you can talk with your dad and get him to understand things can happen that aren't in his control (as was my case). I certainly don't think he should quit, but be sensible enough to realize his inaction could be the downfall of the company AND his kids' families. From my experience, I would say to him "act now before its too late, you'll be glad that you did!"
From my experience my words to you are, "if something can't be worked out to help you feel better about your work life, MOVE ON, don't wait for someone controlling your life cause you and your family unhappiness" (45 isn't too late to start another career, I did and was very successful).
These words, as you can see by my noted health history, are meant to be offered to you in a helpful manner…….please, I hope you're not angry with me. A friend, ….13
Good video Tim. I think you should just go and talk to your dad about the things that you just shared with us. For all you know hes on the other side of the coin feeling the same way you are and don't know how to talk to you about it. I know this won't be an easy conversation to have with him but things are going to be much worse if something happens to him and nobody knows what his wishes are for the company and such.
Any job I had I took to hart what the older people told me they gave me good advice . Most of the younger guy thought they knew it all and that sooner or later bit them in thebut. Am 70 years old Tim I understand how you feel think it time your dad sat down with you all and laid out his plans for when the times comes that he has decided to retire
Enjoyed the video. Real life felt. We all have battles. And listening silently has really helped me get to where I am now. Some of that listening was BS and some of high quality. But you learn over time of what's quality and what's not.
Cant be easy to talk about this stuff in public. I imagine there will be some more discussion somewhere along the line. I deal with a lot of rural people in my work and most if not all of them have a succession plan to keep the farm in the family. Often fraught with difficulty. I have faith that you and Jill will get there. You have worked hard for what you have and enjoy what you do. We all get to see your joy when you are with Jill and the girls or out with the psycho dogs. I know I couldn't do what you do and open up my life but I am glad you have. Stay strong.
Don't make the same mistake I made. Dad was 75 when he passed never remember him being sick. Surreal feeling, standing at an auction on property you thought was yours. Bidding on equipment you helped pay off. Worked 18 hours or more some days. Worked for free others. Meet with your siblings first and reach a consensus. If you have to, hire an arbitrator to sit down with Pop's. All of you have families to support, he owes you all an explanation of his intentions concerning the business. All of you have a vested interest. Talk or walk. Good Luck and God Bless.
Ive read the comments about how your Dad wont talk about it and that is sad. I know yall are all probably nervous because obviously yall depend on the company for a living. You and your wife are definitely being smart with your major financial moves. Putting into IRAs or 401(k)s early and often and paying off mortgages as fast as possible will have you sitting nicely when those silver years come about. I am 38 and did a presentation in public speaking class in college last year about investing in retirement accounts. I should change careers and be a investment advisor, because i "sold" everyone on just how important it is to invest early. If its $20 a week, it can make a big difference. Btw, i couldnt sale water to a thirsty man in the desert. Probably the realist video i have ever seen on youtube. Thanks for deciding publish and share.
I feel ya brother. I worked for the family business up until i was 40. Got out of it and did the unthinkable, Started over at a new job. I'm 51 now, i work 12 hr swing shift. The money is half way decent, i get plenty of time off but….if i could do it over i would have stayed knowing what i know now. I work in the paper mill business in the woodyard. Yall bring the wood and we chip it up and make paper. I want to leave this place but i can't see myself starting all over AGAIN at this age. My wife says im going through a mid life crisis. I don't know about all that, i just know it sux. Love your video's. Keep em coming!
Hey tim. I really appreciate you opening up about your experience. I never comment on videos but this really hit home with me. I, like you, hang out with older individuals I also learned about IRA's and retirement accounts and the value of money. I hope that you know that I really appreciated what you said and hope that everything works out well for you.
Man I understand what you mean I think you made the right decision man hopefully everything will be settled for you and your brothers y'all have a lot of time and money I'm sure invested in the business and run it very well we will be praying for you man and thanks for the videos once again
Really enjoy your video's Tim , although we haven't met I can tell your one heck of a good guy. Continue to be smart with what you have you'll be ok. My dad rented his farm over to me when he became 65 (I was 43) and put me in charge , He still helped until he was unable to.I was fortunate as I see other Dads still running it all at 80 and their son's maybe being held back. I guess it's their choice. Your dad has to be a smart man to have built what he has . I hope he has a plan in place for you all. I know working with family can be hard at times but it seems you do enjoy the work, life is what you make it . Cherish the time you have working with your brothers and dad
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I know where your at Tim, I worked for my dad some in the past and about to go back working for him. We had some disagreements.
Tim, I'm 2 years younger than your dad, and I had the opposite problem…no one to leave the well established/thriving business to. I had employees that could have taken the company and 'run with it', (the company had retirement plan, health insurance and paid the employees better than 'top dollar') but no one wanted to [own and work] at the needed hectic pace….maybe somewhat more than you currently do…70 +hrs/week. My body, at age 57 'broke down' (and btw, I bought my last new piece of equipment at age 61) but I continued to work until I retired at age 65, when I couldn't go any more. I would have sold out for 40 cents on the dollar (due to my health issues), but it required a dedicated person. I ended my career by selling the company a piece at a time. In spite of my health issue 'flare up' I thought I was still "10 feet tall and bullet proof", but 5 years later I had to accept my problem.
My point is, hopefully you can talk with your dad and get him to understand things can happen that aren't in his control (as was my case). I certainly don't think he should quit, but be sensible enough to realize his inaction could be the downfall of the company AND his kids' families. From my experience, I would say to him "act now before its too late, you'll be glad that you did!"
From my experience my words to you are, "if something can't be worked out to help you feel better about your work life, MOVE ON, don't wait for someone controlling your life cause you and your family unhappiness" (45 isn't too late to start another career, I did and was very successful).
These words, as you can see by my noted health history, are meant to be offered to you in a helpful manner…….please, I hope you're not angry with me.
A friend,
….13
Good video Tim. I think you should just go and talk to your dad about the things that you just shared with us. For all you know hes on the other side of the coin feeling the same way you are and don't know how to talk to you about it. I know this won't be an easy conversation to have with him but things are going to be much worse if something happens to him and nobody knows what his wishes are for the company and such.
we still use a stick. cheaper than log rules. sad about your truck
Any job I had I took to hart what the older people told me they gave me good advice . Most of the younger guy thought they knew it all and that sooner or later bit them in thebut. Am 70 years old Tim I understand how you feel think it time your dad sat down with you all and laid out his plans for when the times comes that he has decided to retire
Great video Tim thanks
I love the video ,your an honnest man .
Wow, this was a touching video, excellent video.
Enjoyed the video. Real life felt. We all have battles. And listening silently has really helped me get to where I am now. Some of that listening was BS and some of high quality. But you learn over time of what's quality and what's not.
Dang bumpers are thin now.
Cant be easy to talk about this stuff in public. I imagine there will be some more discussion somewhere along the line. I deal with a lot of rural people in my work and most if not all of them have a succession plan to keep the farm in the family. Often fraught with difficulty. I have faith that you and Jill will get there. You have worked hard for what you have and enjoy what you do. We all get to see your joy when you are with Jill and the girls or out with the psycho dogs. I know I couldn't do what you do and open up my life but I am glad you have. Stay strong.
Don't make the same mistake I made. Dad was 75 when he passed never remember him being sick. Surreal feeling, standing at an auction on property you thought was yours. Bidding on equipment you helped pay off. Worked 18 hours or more some days. Worked for free others. Meet with your siblings first and reach a consensus. If you have to, hire an arbitrator to sit down with Pop's. All of you have families to support, he owes you all an explanation of his intentions concerning the business. All of you have a vested interest. Talk or walk. Good Luck and God Bless.
Hey man thanks for the advise
Ive read the comments about how your Dad wont talk about it and that is sad. I know yall are all probably nervous because obviously yall depend on the company for a living. You and your wife are definitely being smart with your major financial moves. Putting into IRAs or 401(k)s early and often and paying off mortgages as fast as possible will have you sitting nicely when those silver years come about. I am 38 and did a presentation in public speaking class in college last year about investing in retirement accounts. I should change careers and be a investment advisor, because i "sold" everyone on just how important it is to invest early. If its $20 a week, it can make a big difference. Btw, i couldnt sale water to a thirsty man in the desert. Probably the realist video i have ever seen on youtube. Thanks for deciding publish and share.
I feel ya brother. I worked for the family business up until i was 40. Got out of it and did the unthinkable, Started over at a new job. I'm 51 now, i work 12 hr swing shift. The money is half way decent, i get plenty of time off but….if i could do it over i would have stayed knowing what i know now. I work in the paper mill business in the woodyard. Yall bring the wood and we chip it up and make paper. I want to leave this place but i can't see myself starting all over AGAIN at this age. My wife says im going through a mid life crisis. I don't know about all that, i just know it sux. Love your video's. Keep em coming!
Hey tim. I really appreciate you opening up about your experience. I never comment on videos but this really hit home with me. I, like you, hang out with older individuals I also learned about IRA's and retirement accounts and the value of money. I hope that you know that I really appreciated what you said and hope that everything works out well for you.
I wish I knew how to send you a private message,might know of an avenue to look into
Big truck big rv has a contest now and you can win a bumper for your pick up. You can check him out on YouTube
You make great videos really enjoy watching them
Man I understand what you mean I think you made the right decision man hopefully everything will be settled for you and your brothers y'all have a lot of time and money I'm sure invested in the business and run it very well we will be praying for you man and thanks for the videos once again
weld up new bumper protect the grill
Really enjoy your video's Tim , although we haven't met I can tell your one heck of a good guy. Continue to be smart with what you have you'll be ok. My dad rented his farm over to me when he became 65 (I was 43) and put me in charge , He still helped until he was unable to.I was fortunate as I see other Dads still running it all at 80 and their son's maybe being held back. I guess it's their choice. Your dad has to be a smart man to have built what he has . I hope he has a plan in place for you all. I know working with family can be hard at times but it seems you do enjoy the work, life is what you make it . Cherish the time you have working with your brothers and dad