Do you listen to podcasts? If so, be sure to subscribe to the Profitable Farmer podcast with Andrew Roberts from the Farm Owners Academy. It’s an informative and thought-provoking listen as he discusses the skills you need to run a successful farming business.
Growing up on a farm in New England and raised by a hard-working father, Andrew outlines what can make you a fantastic farmer AND a successful business person. He says it is all about working smarter, not harder to reap the rewards. In an interesting piece from the podcast, Andrew displays the definition of a business as the following:
“Commercial profitable enterprise that works without you.”Def: Business
While it sounds like an odd definition, Andrew offers the following areas as key:
- planning strong foundations
- goals & objectives
- understanding your finances and cash flow
- team building and recruitment
- time management
- strong systems and efficiencies
Andrew warns against become a jack of all trades in business, and rather look to find your niche market.
Take a listen for yourself and see what tips you can pick up!
(Listen to the podcast here)