23 min listen
Gaining More Than Money From Running A Business
Gaining More Than Money From Running A Business
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Length:
53 minutes
Released:
Jul 27, 2020
Format:
Podcast episode
Description
IntroductionLike, rate, review, share, and subscribeAnswer questionsFarm4profitllc@gmail.com@farm4profitllcWhat’s working for Ag – listener or farmer feedback1) Pivot Bio PROVENTM is predicable – the microbes adhere and colonize on the roots and apply nitrogen every day. Synthetic nitrogen turns to gas, leaches, washes away and is not always in proximity to the roots and, therefore unavailable to the corn. Because it sticks to the roots and works every day – it is highly predicable.2) Pivot Bio PROVENTM is productive – light, sand soils and fields with sloping topography tend to lose more nitrogen. Most field have many soil zones and varying topography and therefore crop productivity varies widely across a field. Because it adheres directly to the roots – Pivot Bio PROVENTM levels out crop productivity across a range of conditions.3) It’s weather proof – rain does not wash it away as with synthetic nitrogen.4) All of these factors add up to improved ROI – and ROI is mission critical for growers.Introduce GuestAt Farm4Profit one of our favorite things to do is inspire others to achieve their goals, build their farm or business, and help you generate higher levels of profitability. Whether you are young or old, I want to encourage you to grow or start your business and achieve your dreams. The most important thing to remember is that, no matter your age, if you are alive, you can achieve more. Keep working towards your goals, work hard, stay hungry, and remember to be great.These episodes are all stemming from the feedback of our “how to grow your farm” show. That is #24 if you didn’t catch it. We have now talked about becoming a better leader #25, how to market your farm for growth #26, the right way to build your referral network in #27 and now today we will talk about how having a strong business acumen can benefit your farm and set it up for growth.Elliot Uphoff. @elliotuphoff. (Shelby County, IL)Side jobs are great with helping cash flow problems and also allow you to invest more money back into the farm. I will continue to run side businesses until my operation is large enough that it can provide for my family but still then I’ll probably keep doing jobs that are sure moneyFor small farmers like myself diversity is key.The people you admire don't have it figured out, and that's okay.You’ll be graced with instant clarity and acute focus. We see others who look like they have it all worked out. They seem successful, they have the perfect social media posts, but in the real world, we are all just figuring it out. Well into your 20s, 30s, 40s, 50s and even 60s, things are still evolving and falling into place. Life is an evolution of changes; you can reinvent yourself and change your mind at any time, and it’s okay. Learning who you are is a lifelong journey and a radical adventure at that.Success Comes To Those Who WorkAlec Amundson. @alamudson (Osage, Iowa)We joke that we have good lights on our equipment because we do most of our farming at night.Takes some planning ahead for not only inputs, but transportation and picking kids up I would say it’s generally hard to run an ag related business at the same time as farming, but things that can be done off season, ie hardware installation, soil sampling, fertility prescriptions, etc. allow you more time in the cab during the busy seasons.Every single time that you put in work, you get a proportional amount of results and successes from that work. The more work that you put in, the more success that occurs in your life, the more happy coincidences occur, and the more you realize that you achieve.You begin to create your own luckSales and Negotiation Are Important Skills To LearnSales is one of the most important, most essential skills that you will learn in your lifeIt allows you to convey not only your products, but also your ideas to others in a way that makes them enthusiastic about it too. Learning not just to “sell,” but also to communicate with people in a way that
Released:
Jul 27, 2020
Format:
Podcast episode
Titles in the series (100)
Planning & Budgeting: We share a calving story and talk about how managing family living expenses has raised the profitability of a farmer's operation. Focus topic for the episode is writing your budget or plan down. We share resources and tools to help with this and hit on the importance of knowing your cost of production. by Farm4Profit Podcast