What the Top Tier of farmers are doing (Episode #1)


Share ways to contact us and encourage involvement – leave a recording


Find us on twitter @Farm4ProfitLLC


Individually on Twitter


@IowaBankerman - Tanner


@IowaLandGuy - David


Send us an email farm4profitllc@gmail.com


Connect through our website www.farm4profit.com


Leave us a voicemail at 515.207.9640


Connect on Facebook @Farm4Profit


Building an Instagram at Farm4Profit


What’s working for Ag – listener or farmer feedback


Early Planted Beans


Yields were similar of better than that of those planted later I the area in 2018


Were able to finish the bean planting or get progress ahead of normal pace


Allowed for corn to be planted into optimal conditions


Is custom hired spraying pre-emergent you weren’t competing with other producers for sprayer time.


Didn’t have to switch out plates from the planter from the end of last spring.


Top 20% - high level of future podcasts


Plans, Agendas, Budgets (future)x


Review & Update Frequently


Know their cost of production (Future)x


They understand their financial position


Have created an advisory team (Future)


Who should be on it


Accountant, Agronomist, Banker, Financial Advisor, commodities broker, livestock buyer, business owner, Peer Experience, Technology, Lawyer, Landlord? and more


How often do you meet


Are you willing to set it up as a board with voting structure


You make the recommendations and take to a vote or discussion


Be proactive (Future)


Successful farms don’t see themselves as the victims


Take on problems as challenges


Work to predict problems and prevent


Don’t get surprised and take things in stride


Get better before they get bigger


Focus on making the most out of every acre


Use technology to gain efficiencies (future)


Become a great leader by bettering themselves and setting examples (future)


They put time and priority into running their farms (focus)


Always learning


Great start, you’ve tuned in to check us out


Attend conferences (future)


Read news letters


Networking group and advisory team


Be in a room where you know the least (future) Steve Jobs quote?


Many CEO’s in very successful businesses live by the idea of surrounding themselves with people who have greater skills or knowledge than they do. Whether it is specific to a skill or understanding by being with them you can learn to grow in your knowledge and abilities.


Listen more than you speak when with these people. Immediately write down and reflect on your time spent with these people


Don’t spend what they don’t have


Or what they don’t have a clear ability to pay for


Summarize


Top performing farmers and business owners have plans and understand the financial position of their business. They work to be proactive in their thought processes and share those with an advisory team. The top performers are always learning and focusing on bettering themselves before expecting others to change.


Challenge


Look at yourself and your farming operation. Which of these characteristics or practices do you already have in place? Which areas could you use work on? Now which concept above could be the easiest for you to implement next? Our challenge is then for you to start practicing that in the next week. Then tune in to the next episodes as we will share ways to make the process of adopting those tips and techniques a little easier. Remember most of the time we are the most critical of that which we don’t understand. Rather than criticize something be curious and see if you can learn more about it.


Conference Update


December 6th, 2019


Submit questions and topic suggestions


Find us on twitter @Farm4ProfitLLC


Individually on Twitter


@IowaBankerman - Tanner


@IowaLandGuy - David


Send us an email farm4profitllc@gmail.com


Connect through our website www.farm4profit.com


Leave us a voicemail at 515.207.9640