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Frequent Contributor

beginning farmer

Great board judge.  We need advise from the experienced farmers.  I'm notgoing to ramble on because I just spent15 minutes writing on this post and because of the hacker problems it didn't get posted.  In a nutshell it was about having a long term business plan ,sticking to it every day;using patience in decision making, and Read,Read, Read.

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5 Replies
Senior Contributor

Re: beginning farmer

Welcome beginning farmer.

 

First thing you need to do is to decide your objectives. Most often young folks don't know what their objectives are other than maybe farm alot of acres or own shiney new equipment. Alot of them want to start off where dad ended up. They want to walk into his operation and take it over instead of paying their dues and building their own business.

 

Now there is no disgrace in getting start up help from family and friends. Most of us had to start somewhere. Beware of tying yourself to a family because sometimes family members don't always share the same objectives. And sometimes their evaluation of your work and input does not compare with your value.

 

So don't wait for their retirment or their demise to build your business. Start out  now in pursuing your objectives and seek opportunities that will help you get there.  

 

Focus on an objective and have the discipline to stay on course. Sometimes it is really difficult to stay focused because there are seductive influences out there. That shiney new tractor of pick up truck. In other words compulsive spending can upset the applecart.

 

Good luck to you in your endevours! Don

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Honored Advisor

Re: beginning farmer

The first thing to do is assess your opportunities and find a way to control wants.

 

Successful farming has always been---- learning to control lifestyle and doing what works, not necessarily what is popular or fun.

 

Example of today is technology.  The country is in love with it, but in farming only a small % of the technology justifies its present cost at present grain prices.  Let the folks in the area with deep pockets be the cutting edge testers of new ideas.  Find a way to get the tech that pays in good and bad years.

 

Remember your in a production business.  Whether it is beef or grain or tons of forage, or lbs of milk ------ We produce to stay in business.  If your not the best marketer, promoter, or time manager you will still survive producing a marketable crop and controling expenses.

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Highlighted
Senior Contributor

Re: beginning farmer

Beginning farmer,
My sincere advice would be to do what you do as best you can ALL of the time. Establish yourself as a reliable supplier. You won't be interested in or good at growing everything on the face of the planet Find may be 4 or 6 crops at the most that work for you and grow them well and take care of the crop post harvest. And lastly do not promise what you can't deliver. Your reputation is gold.
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Senior Contributor

Re: beginning farmer

Boy, I didn't mean to silence everyone on this thread!
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Senior Advisor

Re: beginning farmer

James you'll find out that sometimes certain threads will lay idle for weeks at a time and all of a sudden someone will make a post and the thread comes to life again.