Episode Summary
In this episode I dive back into another big issue in the ag industry: operating in uncertainty and how that makes you feel powerless in your operation with your banker. Building on the previous episode about leveraging family legacies just to stay in business, I address the dynamics of relationships with bankers and the challenges of not having clarity on your financial position.
When you enter your banker's office, how do you feel? For many, it's a mix of discomfort, anxiety, and a sense of powerlessness, but it doesn’t have to be that way.
In this episode I share my experiences with the bank and how I took back the power in our operation:
- Gaining clarity of our financial position gave me back my confidence and the power in our operation.
- With clarity in your numbers you now have the power back in the conversations with your banker.
- When you gain back confidence, it bleedings over in to all areas of your life.
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