Legacy Farmer The Podcast

You can make a decision now and not feel the pain from it until years down the line. We avoid this by knowing our numbers and basing our decisions on numbers and not feelings. There are second and third order consequences that come from these decisions. Some parents are still paying for poor decisions they made 30 or 40 years ago. 

Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org

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 their fathers in their 80’s and 90’s to save them. If you are still looking for someone to save you, you need to recognize that all the power and growth is found when you accept that no one is coming to save you. 

Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org

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 be able to move beyond it. Those that focus on value can see the dividends paid out over years and even decades.  

Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org

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 the chaos and burn out. If you have chaos in your business life, chances are it has spread throughout all areas of your life.  

Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org

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 members a level of understanding and confidence in their numbers that they have never had before. We need to be looking at our numbers far more often than once a year.

Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org

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 even realizing that is what they are doing. This is exactly what you are doing by terming-out your losses from one bad year over multiple years. 

Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org

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 and business in only 3 short weeks. 

Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org

In this episode we feature a recent on boarding call with some of our newest members and how the community inside of Legacy Farmer is boosting their confidence to new levels. 

Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org

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 out that the family member that we want to take over for or buy out is in massive, crushing debt. Until you see their numbers and cashflow, you know nothing about your family’s operation. 

Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org

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 something and decisions are being made. There is so much power in just getting off zero and making moves to get your life where you want it to be. Mistakes are good because they always bring lessons and growth.

Check out the Impact Legacy Farmer is having on the American Farmer here: www.legacyfarmer.org