Tim Schaefer, founder of Encore Consultants, combines a passion for business, personal relationships and agriculture to create value. He uses his deep understanding of entrepreneurship and people to develop proven and practical solutions for his clients, and with his expertise in finance, management, human resources and leadership development he’s able to provide 3rd party perspective to help the entire enterprise.
With nearly 20 years of experience as an estate planner, and lifetime in farming, Tim understands passing down an ag enterprise is tough business. Roughly 30 percent of family-owned businesses will successfully make it from founder to the second generation. Approximately 17 percent of family owned businesses make it to the third generation and only 5 percent to the fourth generation. Tim had a vision to provide specialized consulting to families and businesses at the crossroads of change.
Tim created Encore Consultants and the Executive Farmer Network (EFN) with the goal of providing specialized Succession Planning, Peer Groups, Strategic Planning and Executive & Management Coaching. He uses his years of practical management, experience as a Certified Financial Planner, a Certified Family Business Advisor with the Galliard Institute, a Certified Business Coach and a lifetime of experience as an entrepreneur to help successful agribusinesses and families.
Tim’s roots run deep in rural America with his first business venture selling sweet corn door-to-door with an Oliver 70. Raised on a successful multi-generational family farm in West Central Minnesota, he has an entrepreneurial streak that runs deep.