Mike Downey Email and Phone Number
There's no more beautiful way of life than raising a family on a farm!I was born & raised on a family farm but the income from the farm was not enough to support us.This led me down the traditional path of going to college to receive an ag degree & I've worked in a professional role with farmers and landowners the last 20+ years.Despite my dream of owning my own farm, I spent the first half of my career investing my future retirement in a 401k.This changed after the 2008 financial crisis. I became frustrated with the conventional wisdom of "staying the course, you have time on your side."This is when my wife & I discovered we could self-direct & diversify our IRA's in alternative investments other than the stock market.Since then, the passive income from such investments has allowed us to take control of our calendars & leave my ag career to start my own ag consulting company. More recently, it supported a goal in purchasing our 1st farm! - a legacy we wish to pass down to our children. Meanwhile, the multigenerational farm I grew up on fell victim to a poor succession plan. In fact, it's estimated 70% of family farms don't have a well written estate or succession plan!This is where my passion & focus lies today in my ag consulting: Helping farmers & other ag professionals grow, diversify, preserve & transition their family legacies.Want to learn more? Send me a DM & I'm happy to have a discovery call.
Uncommon Farms
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Farm Business Coach & Transition ConsultantUncommon Farms Apr 2024 - PresentMt Vernon, IowaFarm business consulting for like-minded producers who want to improve the effectiveness of their business & grow, diversify & transition their family farm legacy. -
Family Farm Transition SpecialistNext Gen Ag Advocates, Ltd Jul 2018 - PresentEstate/transition planning for family farms & matching & mentoring program to connect young & aspiring farmers to retiring farmers w/o a successor. -
Passive Investing For Ag CommunityFarm Raised Capital, Llc Jan 2022 - PresentA platform for Ag Community to invest together passively to create off-farm income & diversify using alternative real estate investments. -
Estate & Succession PlanningFarm Financial Strategies May 2018 - Apr 2024Lisbon, IowaFarm transition & estate planning for multi-generational farms with farming & non-farming heirs. -
Professional Farm Management & Agricultural ConsultingHertz Farm Management Jun 2000 - May 2018
Mike Downey Education Details
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Bachelor Of Science In Agribusiness, Farm, And Financial Management -
International Farm Transition NetworkCertified Farm Succession Coordinator Training -
Advanced Grain Marketing Course
Frequently Asked Questions about Mike Downey
What company does Mike Downey work for?
Mike Downey works for Uncommon Farms
What is Mike Downey's role at the current company?
Mike Downey's current role is Farm succession expert for 500 family farms • I help Ag professionals Grow-Diversify-Transition their legacies 🎙️Host of 2 Ag meetups • Passive RE investor • Farm Owner & Farm Raised.
What schools did Mike Downey attend?
Mike Downey attended University Of Illinois Urbana-Champaign, International Farm Transition Network, Iowa State University.
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Mike Downey
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