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 a customer, you need to be ready to fight those battles and justify any spending you see fit. You must always be armed with the right information to challenge them and push back.

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

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 farm to help family out. They have created the problems that they need help with, but it is not your problem to solve them. It’s hard to say “no” but you need to protect the time you have on this planet to accomplish what you want.

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

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

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 the bank and in many cases we work with bankers that our family has for decades. Many of the people working in the bank are not in a position to be giving business advice.

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

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 I stopped settling and started taking action everything started to fall into place and God rewarded me.

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

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 mode about all the first world problems they face, completely overlooking how good they have things and not realizing that there are millions of people in this world that would kill to have their problems. 

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