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Ep 23: The Safety Net (Chapter 22)
Farming is risky. Typhoons, diseases, and price drops happen. Are you ready?
In this episode, our hosts digest Chapter 22: Your "Safety Net" – Managing Risk and Uncertainty. Engr. Jowie applies risk management engineering to the unpredictable world of agriculture.
In this chapter breakdown, listeners will learn:
Diversification: Why relying 100% on cattle is dangerous, and how to mix in goats or crops.
Emergency Funds: Calculating exactly how much cash reserve you need to survive a "bad batch."
Insurance: Understanding crop/livestock insurance options available in the Philippines.
Quote from the Chapter:"Hope for the best, but engineer for the worst."
Get the Book:Want the risk assessment checklist?Buy the paperback here: https://amzn.asia/d/a36Vcxf
View all episodes
By JOWIEFarming is risky. Typhoons, diseases, and price drops happen. Are you ready?
In this episode, our hosts digest Chapter 22: Your "Safety Net" – Managing Risk and Uncertainty. Engr. Jowie applies risk management engineering to the unpredictable world of agriculture.
In this chapter breakdown, listeners will learn:
Diversification: Why relying 100% on cattle is dangerous, and how to mix in goats or crops.
Emergency Funds: Calculating exactly how much cash reserve you need to survive a "bad batch."
Insurance: Understanding crop/livestock insurance options available in the Philippines.
Quote from the Chapter:"Hope for the best, but engineer for the worst."
Get the Book:Want the risk assessment checklist?Buy the paperback here: https://amzn.asia/d/a36Vcxf