Profitable Farmer

In this week’s podcast we interview Terry Tran.

 Terry shares with us how investing is just like planting a crop and the power of timing. 

There’s some great content in this podcast including: 

• Why now is amazing timing to pick up some stock opportunities

Take it easy, 

Andrew

PS: if you are interested in registering for a free online training coming up with Terry, please click here. 

P.P.S Whenever you’re ready…here are 3 ways we can help you grow your farming business:

1. The founders of FOA run a special free online training to show you how to create a profitable business that has the ability to work without you (creating a freedom farm) – Click here to register for the next one. 

2. Join the Farm Owner Academy’s closed Facebook group ‘Profitable Farmer’ 

3. Subscribe to our ‘Profitable Farmer’ podcast

Are you frustrated because your vision for the farm is different to other family members and you can’t agree on the way forward? 

In this podcast, David Westbrook and I discuss one of the BIGGEST issues affecting family farms. 

Disagreements between generations, parents and/or siblings is a real issue and an unbelievably common occurrence in the farming sector. 

In this episode we explore the importance of core values and how to get everyone on the same page. 

Here are some of the things we discuss:

• Different generations wanting different things from the farm.

We want to help you work through these issues and enable you to live the farm life that you all want… because why would you allow someone else to dictate your future?

We hope this podcast answers some questions and helps you encourage every member of your family to work towards a common goal.

After this you’re going to have the best family Christmas ever!!

Regards,

Andrew

Do you think that you might have a negative association to money?

If you get stressed, angry or you find yourself complaining about money, you might be surprised to hear you could have a limiting belief around it.

We address this in this week’s podcast and you can listen by clicking here. 

Here is a list of some common limiting beliefs: 

• Money is hard to make

Many of these beliefs were created when you were a child and were most likely passed onto you by your parents, your community and even your teachers. 

It’s very hard to get ahead and go for what you want when you carry these beliefs. 

In today’s episode, we explore these limiting beliefs and what you can do to remove them. 

It’s a really important podcast and we hope you enjoy it. 

Andrew

Do you ever get distracted?

 Do you often have ideas but sometimes lack the ability to implement or see them through to completion? 

Do you feel crystal clear on where you are going and how to get there? 

Today’s podcast ‘If you chase two rabbits, you will catch neither’ will help you focus on less, and simplify how you run your business.

Andrew will open you up to:

1. The Entrepreneurs Curse and why you need to be aware of this;

Enjoy the podcast.

FOA

Today we discuss how The Vacuum Law can be used to create prosperity in your life.

The Law of the Vacuum is a universal law and is one of the main reasons why you may always feel busy and never have time do to the things you want.

It could also be the reason why you feel you don’t get ahead as quickly as you would like to.

Andrew will share with you how this effect: 

• Money;

….and most importantly, how to change this!

Enjoy this free podcast.

Regards,

FOA

One of our clients, David Westbrook, shared an article that he’d written recently.

It really inspired me, so I decided to interview him for this month’s podcast.

David has agreed for me to share his article with you:

What advice would I give to an up and coming farmer?

Simple... just smile more.

We worry about everything and this creates resistance to what we truly want.

We need to read, we need to journal, we need to get educated on our core focus and we need to implement, but if we just smile every now and then.... we will get there so much quicker and happier.

We worry about the rain, we worry about the markets, we worry about what others think of us.

Where does this worry get us? Nowhere, in fact it makes us go backwards.

We do our due-diligence on the markets, we have a risk mitigation strategy for a drought, and you know what? Other people aren’t even thinking about us anyway. Do you know why? Because they’re too busy worrying about what you think of them!

We spend so much time in fear of these things happening. We are continuously telling ourselves “what if I stuff this up” but just imagine if you said “what if I nail this”?

Remember when you were a kid?... Before school and all the expectations on you and your future? You just played and life was a game.

Why do we change from that childlike mindset? That child isn’t thinking about all the ‘what ifs’ that are irrelevant to the current moment. They’re living in the now, having fun…

So just smile.  If you f**k up, learn the lesson and don’t take life so bloody serious.

Just have fun.  

- David Westbrook

I know you will get a lot from hearing this.

If you know a farmer that would also benefit from this, please share it with them.

Many Thanks,

Andrew

Being an entrepreneurial farmer today can be tough.

There seems to be more work and less time to get things done...and you need to devote even more energy into running your business than ever before.

And despite all that...most farmers are barely getting by financially. They still worry about:

How they’ll make it through the current season

Whether they’ll lose the farm that’s been in their family for generations, and

If they’ll be able to retire, of they’ll have to keep working until they’re 99 to pay the bills

That’s why I want you invite you to a free podcast interview called ‘The three main reasons farmers make world class investors’, where I had an honest chat about money and “getting ahead” with my friend and investment mentor, Terry Tran. (He’s the guy on the right in the photo below.)

Terry’s the best guy I know when it comes to money advice. His system is simple but genius: minimise risk to maximise profits.

Terry’s all about protecting yourself FIRST, eliminating the normal risks associated with the stock market, so that you’re only choosing from the safest, securest, most “sure thing” stocks.

And he makes it all so easy to understand...

I don’t know about you, but I can find stock market talk overwhelming. Dividends, position sizing, shorts...all of it makes my head spin.

But Terry talks in plain English. He takes the complexities of the stock market and breaks it down so normal people like you and me can actually understand it!

In this environment — as crazy and hectic as it can be sometimes — there’s more opportunity than ever for financial freedom. You've just got to know where to look.

I know you're gonna love this special podcast because it's jam-packed with ideas, inspiration, and guidance about how you can create real wealth off the farm through investing safely.

I already know it’s going to be one of our most popular podcasts (just like his last was)!

On the episode, you’ll also hear us talk about Terry’s upcoming FREE LIVE online training exclusive for our farm owners community called ‘How to Create Real Wealth Outside Your Farm Without Taking Silly Risks’. It’s the perfect next step if you want to learn the steps to create a consistent income stream that’s not dependent on the farm.

Cheers,

G’day,

In this week’s episode, Andrew walks you through the steps to hire a GUN worker.

Here are some of the things that you will learn:

• One good person will beat three average

If you need help when it comes to finding and hiring strong team members, this podcast is for you!

Feel free to share this with any other farmers that could use these tips!

Cheers

FOA

Do you put the ‘Pro’ in Procrastination?  Then this podcast is for you! 

This podcast will teach you: 

1. What a major dominant goal is;

We hope you enjoy this podcast.  

Kind Regards,

FOA

Episode 24: How Tim & Cheryl are creating a Freedom Farm

Today we share an interview of Tim and Cheryl Freak that we did for our mastermind clients.  Tim & Cheryl are an amazing couple who are very passionate about farming. 

In this interview, we explore how they are setting up their business to create a Freedom Farm.  This is a profitable company that continues to work without their presence.  Tim & Cheryl’s children are not ready to work on the land at the present time so they’ve had to hire people to help them create this freedom farm.

We explore how they did this during the interview…

Here is a bit of back ground about Tim and Cheryl Freak: 

Location:

Background:

1982 – Tim’s parents purchased 485 ha & share-farmed sheep

1990 – Tim joined the business.  Purchased 242 ha- very low equity

1992 – Cheryl joined the business

1998 – Purchased 380 ha

2002 – Share-farming extended to include cropping

2004 – Purchased airseeder and bar in a syndicate

2005 – Purchased 320 ha

2007 – Began share-farming 1347 ha

2008 – Purchased 410 ha

2011 – Began share-farming 185 ha

2013 – Purchased this 185 ha é

2014 – Purchased 805 ha

2015 – Joined Sheep Owners Academy (now Farm Owners Academy)

2018 – Continued on into Farm Owners Academy Alumni Program

Farm Details:

• 360mm rainfall ave

Net Profit Results:

Return on Capital:

Their Goal:

To create a freedom farm and enjoy helping other farmers (they currently sit on some farm boards and also coach with Farm Owners Academy).

A HUGE thank you to Tim and Cheryl for allowing us to share their interview on this podcast.

P.S. Whenever you’re ready...here are 4 ways we can help you grow your farming business:

1. Attend to our free online training - "Nail It Then Scale It.  Take Control of your farm today, and become the profitable business owner you deserve to be!"

2. Join the Farm Owner Academy’s closed Facebook group ‘Profitable Farmer’ 

3. Subscribe to our ‘Profitable Farmer’ podcast