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Women play a key role in agriculture – so why are they often unable to own land?

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When we expect of a farmer, we often picture a man. But in reality, women contribute 49% to real farm income.

It isn’t nearly women working as farmers an increasing number of often. Maintaining agricultural activities normally also relies on women working off the farm, especially in times of drought.

Yet women often don’t own farmland. And when it comes to who gets the family farm in succession planning, daughters, moms and daughters-in-law are likely to be ignored.

There are established legal safeguards that girls can use to challenge this. But our latest research states that girls are often perceived as a threat to the continuity of the family farm and attempts are made to deliberately exclude them from it.

Australian agriculture is just suffering as a result. To solve this problem, some stubborn attitudes could have to change.

Passing the family farm from generation to generation

The means of deciding who will take over the family farm is generally known as farm transition and succession. Passing the land from one generation to the subsequent is highest importance for farming families.

Farmers see themselves as custodians of the land, constructing on the work of previous generations for the advantage of their descendants. Owning agricultural land is tied to identity, social standing, culture, and community.

Transferring a profitable farming business often means keeping it together quite than dividing it up between siblings. However, farmland prices shot upwhich suggests that for a lot of families, succession planning could be a multi-million dollar issue.

Farmland prices in Australia have increased dramatically in recent many years.
Author: RobynCharnley/Shutterstock

Aside from the plain emotional toll, this also makes it incredibly difficult for siblings who want to take over the farm to buy out the others. It may also mean that siblings who don’t take over the farm will find yourself freely giving an increasing number of money.

As you would possibly expect, this has made succession planning on the farm big business. Lawyers, accountants and business consultants are being tapped to help farm families negotiate a way forward.

So who gets the farm?

Sons, mostly. Latest data suggests that daughters take over the family farm only 10 percent of the time. But because these data are quite old, a large upcoming study will assess whether this remains to be the case.

The default position of most Australian farming families is that the farmer is equal to the person – their sons are seen as one of the best placed to take over the farm. They are often socialised into this role from birth.

Close-up of hands controlling a combine harvester, digital display
Agriculture has undergone an incredible technological change.
Igor Klyakhin/Shutterstock

But this view could be very outdated. As agriculture becomes more skilled, entrepreneurial and technology-orientedthe parable that this requires brutal male physical strength is losing its validity.

Fortunately, gender norms in agriculture are is slowly moving. Although we still have a good distance to go, daughters are increasingly being considered farmers and are less likely to be ignored when dividing family wealth.

The “terrible” daughter-in-law-a village girl

Few are as wary of farm succession politics because the daughter-in-law. Yet their work on and off the farm, and their roles as caregivers and community members, are crucial to the reproduction of farm families, the family farm, and rural communities.

Women have turn into less accepting deprivation of land ownership due to changes in education levels, family law and gender norms.

But for the generation of landowners they are still often perceived as a threat to the continuity of the family farm.

Attempts by a daughter-in-law to begin the succession planning process, to challenge allegations of underpaying her partner or herself, or to seek a profession outside of the agricultural areas can be seen as challenges to the standard farming family.

This is despite the indisputable fact that he’s often simply trying to provide reassurance to his immediate family.

Intentionally blocked

For a while now, Australian family law has covered each cohabiting and married couples.

In the event of a divorce or breakdown of a partnership, the court has the suitable to determine how property – for instance farms – is split between the partners.

In this fashion, an equitable division is sought, quite than assets being viewed as being held in a 50/50 split. It can take into consideration the needs of every partner and their financial and non-financial contributions, equivalent to childcare.

Despite this, our tests found that generations of landowners use farm inheritance processes to protect the continuity of the farm from claims by their daughters-in-law.

a man and a woman are writing on a document
Various tactics are sometimes used to exclude women from succession planning.
Bacho/Shutterstock

This includes delaying the transfer of the farm to their adult children so that the daughter-in-law cannot make a claim in the event of a divorce. Family business structures are also used that quarantine the farm’s assets, equivalent to binding financial agreements.

But the collective marginalization of the farmer’s daughter-in-law and the exclusion of daughters from succession only harms the industry. In their attempts to maintain the establishment of gender relations, many family farms are not preparing for the changing business and social environment.

Women have been graduating from agricultural colleges in equal numbers to men for over twenty years. Female farmers are found have a high level of entrepreneurship, innovation and powerful sustainable development values.

How can farming families higher plan for succession?

Food Security and the Agricultural Industry in Australia depend about how to do succession well. It has to be an ongoing conversation with the entire family, supported by professionals with different skills.

This signifies that women can now not be deliberately excluded. As one skilled in our study commented:

Plenty of these girls have sacrificed a lot and… they are incredibly intelligent and in fact could make a huge contribution to the success of those businesses if they (the older generation) would put their fear aside, be clear about what they are afraid of, take care of it and move on.

If the industry wants to thrive in the twenty first century, a change of approach shall be essential.

This article was originally published on : theconversation.com
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Business and Finance

First black lottery operator

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Emmanuel Bailey


In a city that pulls thousands and thousands of individuals all over the world, Emmanuel Bailey’s success story began in Washington. He began from humble beginnings, growing up with a single mother and moving from rental to rental throughout town and the Washington, D.C., metropolitan area for many of his childhood. At the peak of the drug epidemic, he saw his hometown affected by crime and poverty, and when he returned from college, his town was considered the murder capital of the country. Yet despite these adversities, he all the time worked hard and looked to a brighter future – a super his mother instilled in him since he was a small child.

As Bailey began his journey to a brighter future, he realized that to achieve success, he needed to pursue a university education. Through these pursuits, he became the primary member of his family to attend and graduate from college. He enrolled at Eastern Kentucky University, earning a bachelor’s degree in business administration. While at EKU, he set out to realize the high level of success his mother expected of him in all areas. After graduating from EKU, he obtained an Executive MBA from the Business School. Robert H. Smith on the University of Maryland.

Emmanuel achieved early success within the financial sector. Over the following 25 years, he rose through the ranks, starting as a branch manager at Citizens Bank of Maryland and ending with vice chairman of Fannie Mae. These roles provided him with invaluable experience as a seasoned entrepreneur and leader. After all the pieces he had achieved at Fannie Mae, it was time to strike out on his own.

Seeing the potential within the lottery industry, Emmanuel founded an operations and management services company to run lotteries more efficiently and effectively. Key service providers (VSC) has management experience in all facets of the state lottery contract, including providing direct supervision and management of lottery agents, retail systems, implementation and maintenance of gaming equipment, and oversight of the performance of the central gaming system. He worked in various positions in state lotteries across the country to achieve real institutional knowledge of the ins and outs of the brand new industry he was entering. Combining his latest knowledge with business sense, he decided to win contracts with the most important names within the industry.

The lottery industry is amazingly competitive, and contracts are sometimes awarded to large national firms. However, as Emmanuel grew his business, hiring experienced staff and expanding VSC’s capabilities, he began to make a reputation for himself as a trusted and talented operator within the industry. He soon partnered with titans in the sector and eventually became the one black business owner to operate a state lottery in your entire United States, in his home “state” of Washington.

But his success didn’t end there.

Bailey continued to hone his expertise, turning VSC right into a multi-million dollar company with over 100 employees. He was honored with the 2020 North American Association of State and Provincial Lotteries (NASPL) Powers Award, which he won based on nominations from the DC Lottery itself. In its nomination, the District of Columbia said Emmanuel “is far from a stereotypical executive… and will ensure that the DC Lottery continues to operate every day and that our company remains profitable into the long-term future.” It continues to grow its business by opening a VSC office in Maryland and searching to expand its geographic reach.

Despite all his success, Emmanuel never forgot his family and his connection to his community. He stays deeply committed to giving back to DC communities. He has donated a whole lot of 1000’s of dollars to varied local DC-based organizations supporting programs comparable to school athletic and humanities departments, educational support and health care. He also served and continues to serve on the boards of many local organizations.

Now Emmanuel looks to the longer term. Always striving to enhance his business, Emmanuel works to enhance operations and improve the efficiency of the DC Lottery, while also giving back to the community and creating more opportunities for young children growing up in circumstances like his own. While his feet are firmly planted within the DMV, his ambitious and entrepreneurial spirit has his eyes on expansion into additional states. He says his best achievement, above all his other achievements, is that he helped his mother retire.


This article was originally published on : www.blackenterprise.com
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David Shands and Donni Wiggins host the “My First Million” conference at ATL

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December is the birth month of David Shands and Donnie Wiggins, friends and business partners. Most people have fun by throwing a celebration. Others imagine it must be catered for. The chosen ones spend the day relaxing in peace and quiet.

Then there’s Shands and Wiggins.

The two decided that the best birthday gift can be to offer individuals with resources for generational wealth through a conference called “My first million”in Atlanta.

It’s a compromise between how their families and family members need to honor them and their desire to proceed to serve others. Shands acknowledges that almost all people won’t understand, and he unapologetically doesn’t expect them to.

“It’s not up to us to convince anyone why we do what we do,” admits Shands.

“I think everyone does what they do for different reasons, and I would just attribute it to a sense of accomplishment that I can’t explain to anyone else.”

He doesn’t need to clarify this to Wiggins because she understands his feelings. Wiggins has had a passion for serving others for so long as she will be able to remember.

“When I was in middle school, there were child sponsorship ads on TV featuring children from third world countries. I was earning money at the time and I asked my mother to send money,” she says BLACK ENTERPRISES.

She recalls how sad she felt for youngsters living in a world with so many opportunities, but at the same time going hungry. Her mother allowed her to send money, and in return she received letters informing her of their progress.

“It was very real to me,” Wiggins says, now admitting she’s undecided the letters were authentic. “I received a letter from the child I sponsored, a photograph and some updates throughout the 12 months. It was such a sense of being overwhelmed and it was something I felt so good about. I didn’t even tell my friends I used to be doing it.”

She carried this sense throughout her life, even when she lost every little thing, including her house, cars, and money. She still found ways to serve and give back, which is the basis of her friendship with Shands.

They each love seeing people at the peak of their potential, and that is what “My First Million” is all about. There can be no higher birthday gift for them than helping others create generational wealth.

What to expect during the “My First Million” conference.

They each built successful seven-figure empires, then train others, write books about it, and launch an acclaimed podcast Social proof.

Now they’re imparting that knowledge through the My First Million conference, an event for aspiring and existing entrepreneurs. Shands and Wiggins need to prove that being profitable is feasible and encourage people to bet on themselves.

“David and I, on paper, are not two people who should have made millions of dollars. Number one, we want (people) to see it,” Wiggins says. “Then we want them to actually get out of that room with practical and actionable steps.”

Both are clear: this just isn’t a motivational conference. This is a conference where people, irrespective of where they’re of their journey, will come away with clarity about their business and what they must be doing as CEOs. Shands and Wiggins want individuals who do not have a transparent marketing strategy or are considering starting a business to also attend the meeting.

“A few areas we will cover are inspiration, information, plan and partnership,” adds Shands. “We will give you 1-2-3 steps because some people get depressed and uninspired. Even if they know what to do, they won’t leave, go home and do it. So we have to really put something into their heads and hearts that they come away with.”

Sign up and enroll for My First Million Here. The conference will happen on December 13 this 12 months. but Shands and Wiggins say it definitely won’t be the last for those who miss it.


This article was originally published on : www.blackenterprise.com
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Business and Finance

Operation HOPE on the occasion of the 10th annual world forum

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Operation HOPE Inc. takes over Atlanta for the biggest game in the country dedicated to financial literacy and economic empowerment, Saporta reports.

The HOPE Global Forums (HGF) Annual Meeting 2024 strengthens the crucial link between financial education, innovation and community upliftment in hopes of finding solutions to the problems that stifle challenges around the world.

Organized by Operation HOPE founder John Hope Bryant, together with co-chairs Atlanta Mayor Andre Dickens and U.S. Ambassador Andrew Young, the forums, to be held December Sep 11 at the Signia Hotel, will have fun its 10th anniversary with three days of engagement discussions, observations and forward-looking presentations.

Under the theme “The Future,” Hope Bryant says attendees are looking forward to a “powerful moment in history.”

“Over the past decade, we’ve brought together great minds with daring ideas, servant leaders with voices for change, and other people committed to a brand new vision of the world as we realize it. “‘The Future’ is a clear call to action for leaders to help ensure prosperity in every corner of society,” he said.

The extensive program includes influential and well-known speakers who address business, philanthropy, government and civil society. Confirmed speakers include White House correspondent Francesca Chambers, media specialist Van Jones and BET Media Group president and CEO Scott M. Mills.

“John Hope Bryant and his team have been doing this for ten years, and every year HGF raises the bar,” Young said. “Discussions about the FUTURE are important not only for civil dialogue; they are also essential to bridging the economic divide and solving some of today’s most important problems.”

Atlanta is predicted to welcome greater than 5,200 delegates representing greater than 40 countries.

“I have long said that Atlanta is a group project, and through our partnership with HOPE Global Forums, we are inviting the world to join the conversation,” Dickens mentioned. “From home ownership and entrepreneurship to youth engagement and financial education, HGF will offer bold and innovative ideas to ensure a bright future for all.”

It coincided with the organization’s annual meeting launched one other path to enhance financial knowledge with HOPE scholarships. With three tiers of scholarships – HOPE Lite, HOPE Classic and HOPE Silver – clients could have access to free financial coaching and academic resources.


This article was originally published on : www.blackenterprise.com
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