What makes you most optimistic about the future of your industry?

There is a huge transfer of ownership going on right now as the Baby Boom generation retire from the companies they started. Some of these companies may just be shut down for lack of interested or qualified buyers – my cousin’s grain mill is in this situation. This brings tremendous opportunity for mergers and acquisitions. There are thousands of great, well run, debt free companies whose owners want to retire soon. Some of these retirees may choose to go public instead in order to assure their legacy while unlocking their wealth at the same time. Very exciting indeed!