Legacy Farmer The Podcast

Legacy Farmer The Podcast episodes:

• 04.25.2024

  E127 | Stubborn on the Vision - Flexible on the Details

  We all get into what we are doing to build something better for the next generation. We all have a vision on how we get to that point, and if things don’t go exactly as planned, we can start to...

  
• 04.18.2024

  E126 | Financial Problems Lead to Real Problems

  A lot of people like to tell themselves that once they fix their financial problems, everything will come together in their life. The issue is, once you fix the financial problems, all you are left with is the real problems....

  
• 04.11.2024

  E125 | Leadership & Psychology

  On the farm there is usually a massive disconnect between leadership, and just telling people what to do. When you are telling people what to do you are just managing them, you aren’t teaching, building them, or growing them, like...

  
• 04.04.2024

  E124 | Seekers vs. Hiders

  There are times in our lives where we do take risks, but on the flip side, we must understand when to hold fast and protect what we have. Seekers take on unmanaged risk and always swing for the fences. Which...

  
• 03.28.2024

  E123 | Flying Blind

  Right now, because of the economy, both people in the Ag industry and banks are getting apprehensive about taking out, and loaning out, money. Many people are trying to figure out how to recover from poor financial decisions they made...

  
• 03.21.2024

  E122 | Avoiding the Truth Will Only Prolong the Inevitable

  Everyone hates hearing the truth when it’s something they don’t want to hear. We hate feeling exposed and having our faults pointed out. This is especially true when talking about finances. We don't want to fail our business financially, and...

  
• 03.14.2024

  E121 | Focus on Singles

  Sometimes it can feel like all your neighbors in the Ag industry are constantly growing and expanding their operations. It may look good from the outside but the majority of them do not know their numbers and are guessing with...

  
• 02.22.2024

  E120 | Zero Percent Financing Is Not Always The Answer

  Zero percent financing is very enticing, it makes you think you’ll save a ton of money, but it’s injecting the opportunity to fail for the year. It lulls you into a false sense of security, feeling like the bank account...

  
• 02.15.2024

  E119 | The Unknown Dangers Lurking Below The Surface

  When you have a son or daughter come back to the family operation, are you setting them up for success, or failure? Are you dropping them in the deep-end with oppressive amounts of debt and no knowledge of how the...

  
• 02.08.2024

  E118 | The Gap Between Farmers and Bankers

  So many of our members in the Ag industry share the same problems, no matter where they are in the country. One issue that arises most often is dealing with bankers. There are issues with farmers not knowing their numbers,...

  
• 02.01.2024

  E117 | Manufactured Pressure

  When you have a safe job, you get comfortable. This is stagnation, and you can use manufactured pressure to motivate and push yourself. The most successful people can generate the discomfort they need to stay motivated and get themselves moving....

  
• 01.25.2024

  E116 | The Price of Leadership

  Everyone wants to sit in the leadership position and reap all the benefits that come with it, but no one wants the price of making hard decisions that come with weight, backlash, and impact on others. These decisions also raise...

  
• 10.05.2023

  E115 | Will You Die On This Hill?

  The number of hills you should be willing to die on in business shouldn’t be that many. So many things we think we need to fight to the death for, just really aren't worth it. When we run up against...

  
• 09.14.2023

  E114 | Nobody Is Coming to Save You

  When you go out on your own and start your own business you completely remove any safety net and you are completely responsible for yourself and your family. There are farmers in their 50’s and 60’s that are still expecting...

  
• 09.07.2023

  E113 | Incentives Drive Results

  It’s common to hear farmers say that it’s hard to find good help. The truth of the matter is that they don’t have the correct incentives set up to draw in the right people. If you do have a solid...

  
• 08.31.2023

  E112 | No Structure Can Stand For Long When It Rots from Within

  Not knowing your numbers, poor leadership, deterioration of relationships at home, are all great ways to rot your operation to the core. You can’t kick the big issues down the road and hope that they’ll just go away. They won’t,...

  
• 08.24.2023

  E111 | Make A Decision

  You need to make a decision or the universe will decide for you. The longer you avoid handling problems or challenges, the more you’ll pay for them later on when you finally decide to take care of them. The consequences...

  
• 08.17.2023

  E110 | You Can’t Rush God's Timing

  As we approach the 7 year anniversary of my decision to leave the banking industry and go out on my own, I reflect on the greatest lesson I have learned. Have patience and trust God’s process. When things don’t go...

  
• 08.10.2023

  E109 | Who Will Suffer Because You Are Unwilling

  Sometimes, in business and life, there are doors we need to walk through that require a massive amount of courage. Some people get stuck behind those doors for decades, out of fear of stepping through them. When we attach all...

  
• 08.03.2023

  E108 | Price versus Value

  There are 2 kinds of people in this world, one that makes decisions only based on price, and one that decides based on value. Those that decide only on price are stuck in a world of scarcity and will never...

  
• 07.27.2023

  E107 | This Year Versus Next Year

  Hope is not a strategy, knowing your numbers is all that matters. This will give you confidence in all your decision making. When working with our accounting arm of the business one of our members was ecstatic to find out...

  
• 07.20.2023

  E106 | Profits Are Found in Efficiency, Not Chaos

  When you look at your business do you see chaos, or do you see a well-oiled machine? Chances are it’s chaos, and chaos leads to burn out. Business structure, clean books, loan management, tax strategy, and cash-flow management all counter...

  
• 07.13.2023

  E105 | When Your Banker Oversteps

  Some bankers want to control every single transaction happening on their line of credit. I once witnessed a banker decline money for an air conditioner in the middle of summer in Kansas, and it shook me to my core. As...

  
• 07.06.2023

  E104 | Financial Confidence

  It is so important to know how the decisions you make today will affect your operation later on, down the road, and the only way to know that is by knowing your numbers. Our Farmer Metrics software has given our...

  
• 06.29.2023

  E103 | It’s Not My Problem to Solve

  Most of us in the Ag community were raised to be kind, giving, helpful, and that you shouldn’t expect anything in return. This is great until you end up spending a ton of time working for free on the family...

  
• 06.22.2023

  E102 | 1 Step Forward 20 Steps Back

  We can all learn from other people’s mistakes without having to make them ourselves. We have had so many members have one bad year that they end up paying for over the next 3, 7, or even 20 years, without...

  
• 06.15.2023

  E101 | Interview with Weston Birkeland

  Today I’m joined by Weston Birkeland, a 4th generation farmer who grows mostly wheat and barley on about 20K acres in Montana. We take a deep dive and discuss how Legacy Farmer has impacted absolutely every aspect of his life...

  
• 06.08.2023

  E100 | Faulty Assumptions

  We all have the assumption that when we move back to work on the family operation that one day we’ll take it over or at the least buy them out of the operation. This assumption holds true until we find...

  
• 06.01.2023

  E099 | Mistakes are Good

  We are conditioned to see mistakes as failure, but the truth is we should see them as the stepping off point in the journey that God has laid out for us. At least in making a mistake you are doing...

  
• 05.25.2023

  E098 | Bankers and Blind Trust

  Today, Andy and I discuss why we put our bankers on a pedestal and have complete blind trust in them and what they do and say. We aren’t taught what we need to know when going in to deal with...

  
• 05.18.2023

  E097 | God Does Not Reward Victims

  If you are stuck in victimhood you will never achieve anything, all while wondering why good things won't happen to you. It’s easy to play the victim, it’s much harder to find, and learn the lesson in each situation. Once...

  
• 05.11.2023

  E096 | First World Problems

  Come the busy season all farmers and ranchers start to feel the pressure of all they need to get done. The problems come in when they bring all that stress and worry home with them. They fall directly into victim...

  
• 05.04.2023

  E095 | No Collision, No Results

  Many people in the Ag industry try their best to avoid hard and uncomfortable conversations, it’s just the kind of people they are. If you are not willing to have those difficult conversations, the underlying issues will just sit there...

  
• 04.20.2023

  E093 | Don’t Listen to Yourself, Speak to Yourself

  So often we get in our own heads with worries and negative thoughts. Speaking positivity to yourself and reassuring yourself that things will be ok, and that you can overcome whatever is thrown at you is far more beneficial. The...

  
• 04.13.2023

  E092 | You're Responsible for You!

  So many times in family-run operations we just blindly trust the family members we are in business with and we dread even thinking about having the hard conversations with them about where the business actually stands. Sometimes you need to...

  
• 04.06.2023

  E091 | The Truth Will Set You Free But First It Will Piss You Off

  There are two types of people in life. Those that face the truth, expose it, and learn from it. Then, there are the people that hide from it, and ultimately become victims, and blame everyone else for their problems. Those...

  
• 03.30.2023

  E090 | Until You Cut the Cord, Healing Will Not Begin

  We often have members in Legacy Farmer that are deeply involved in the family operation. There comes a time for many of them that they need to cut the cord and move along with their own business. The distant promises...

  
• 03.23.2023

  E089 | If You Don’t Know a Person's Pain, Do You Really Know That Person?

  Think about those around you that you trust most. You trust them because you know them to their core, you know what they have been through, you know their pain. Saving money isn’t what attracts people to Legacy Farmer, the...

  
• 03.16.2023

  E088 | Without Understanding, Information is Useless

  One massive disconnect I see in many of the members of Legacy Farmer is that they are all looking for information on various parts of their operation, and in many cases they can find solutions to problem, but they don’t...

  
• 03.09.2023

  E087 | Meet Joni Kremlacek

  Today I’m joined by one of our key team members, Joni Kremlacek. She handles every application that comes into Legacy Farmer, and she is the first person you talk to before being accepted to the program. She joined the team...

  
• 03.02.2023

  E086 | God is Waiting...

  I recently had a member tell me that he wasn’t the smartest guy in town and couldn’t understand his recent successes. When you are starting out, your success has nothing to do with having smarts and everything to do with...

  
• 02.23.2023

  E085 | Tyler and Hanna Sharp Testimonial

  Today I’m joined by Tyler and Hanna Sharp, who run a cattle operation on their own, as well as a joint-family cattle operation, gun store, seed store, and a gas station, in Kansas. We take a deep dive and discuss...

  
• 02.16.2023

  E084 | Understanding Worldview

  Your worldview dictates how you react to situations in your life. This holds true for all those around you in your personal and business life. It is important to recognize others' worldview so you can see how it is impacting...

  
• 02.09.2023

  E083 | Passed Down Problems

  When you inherit the farm operation, you also inherit all of the bad decisions and problems from the prior generation. Often when younger people go off to college, graduate, and return to the farm, they do so with big ideas...

  
• 02.02.2023

  E082 | Radical Results Requires Radical Change

  If you want to get off the hamster wheel and see radical results, you will have to walk through the fire and make massive changes. Be sure when you prepare to make these changes that you are only listening to...

  
• 01.26.2023

  E081 | $600k in Debt at Age 19

  Today I am joined by an integral member of the Legacy Farmer team, Andy Schreck, and he shares his life experiences and what he does here at Legacy Farmer. From being taken aback by how easy it was to get...

  
• 01.19.2023

  E080 | Distractions

  If something you are doing is not increasing your value per hour then it is a distraction and most likely not worth your time. It is important to keep the main thing that you do, the main thing. Focus on...

  
• 01.12.2023

  E079 | Making Money Is One Thing, Keeping It Is Another

  We are projecting that 2023 will be one of, if not the most expensive year ever to raise a crop. Interest rates are up, inflation is up, and this means expenses are up. In times where things are least stable...

  
• 01.05.2023

  E078 | Traditional Education vs. Self Education

  We are told if we go to college and get a degree, we will be best suited for what is to come — that was not the case for me. All of what is taught in Legacy Farmer I learned...

  
• 12.29.2022

  E077 | Let Me Ask My Banker

  Recently, while going over the onboarding process and cost of our program with a potential member he said “this all sounds great but I need to check with my banker.” How does it make you feel, as a grown man,...