Profitable Farmer

# 32 - A big reason why conflict occurs in family farms and how to fix it.

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.
Why having written core values will give you more direction, clarity and motivation.
Why understanding others values will improve relationships.
Why judging and feeling judged is down to a lack of awareness. 
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!!
 We hope you find this episode valuable.  Feel free to head over to the Profitable Farmer Podcast page to tell us what you think.
 
Regards,
Andrew

# 31 - Could your money beliefs be holding you back

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
Money comes in one hand and out the other
Money is difficult to make, particularly as a farmer
Money is scarce and hard to come by
Money doesn’t grow on trees
There is not enough money to go around
I don’t have enough for later on in my life
Paying for my kids’ education is expensive
 
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

# 30 - If you chase two rabbits, you will catch neither.

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:
The Entrepreneurs Curse and why you need to be aware of this;
Magnifying Glass Theory and how you can use this to explode your business growth;
The power of FOCUS and how it will help you profit more whilst working less;
Discipline to not get caught up in ideas;
Why breaking your goals into 90 days is such a powerful thing to do.
 
Enjoy the podcast.
FOA

# 29 - How the Vacuum law can be used to create prosperity in your life

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;
Time;
Health; 
Relationship.
….and most importantly, how to change this! 
Enjoy this free podcast. 
Regards,
FOA

# 28 - Sound advice for an up and coming new farmer. Stop complaining and smile more

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

# 27 - The three main reasons farmers make world class investors

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, Andrew
 

# 26 - How to hire a GUN worker

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
Hire slowly, fire fast
Don’t just look local
Start with the job ad
Hire more on traits than skills
Listen to hear the rest!
 
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

# 25 - How setting a major dominant goal will beat procrastination and bring you a lot more focus

 
Do you put the ‘Pro’ in Procrastination?  Then this podcast is for you! 
This podcast will teach you: 
What a major dominant goal is;
Why we think you are smart having one;
How this will beat procrastination and get you moving;
How this will get you focused;
Why this is necessary if you want to be a TOP Producer. 
We hope you enjoy this podcast.  
Kind Regards,
FOA

# 24 - How Tim & Cheryl are creating a Freedom Farm

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
Manage 5180 ha (own 2833 ha)
3 full time, 2 part time employees, plus casuals
Crop 3200 ha – wheat, barley, hay, canola, lupins
Sheep – approx 3000 ewes – 50% mated to Merino, 50% WS 
 
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!"We will show you how we help farmers become 200% more productive every month by becoming laser focused and highly-organised business owners - click here to grab your seat.
2. Join the Farm Owner Academy’s closed Facebook group ‘Profitable Farmer’ Our new Facebook community is where smart farm owners learn how to get more profit, control and freedom, and you can connect with like-minded farm owners - click here to join.
3. Subscribe to our ‘Profitable Farmer’ podcastThis free audio podcast delivers ideas to help you run a great business - leading to more profit, control and freedom – click here.

# 23 - The power of having a check up

 
The quality of your business and life is in direct response to the quality of the questions you ask. 
Today’s podcast takes you through 10 key areas and gets you to question how you are performing in life and business. 
There are 30 questions in total.  
We recommend you do this twice a year. It won’t take long, but it will help you look at ways to make your business and life better. 
We also give you the questionnaire inside, so click here to access and enjoy this podcast. 
Have a great day, 
Andrew 
 
PS - Early bird tickets are now available for our TOP Producers 2-Day Workshop in Canberra on 30-31 May.  It’s a smaller space and this event will fill out quickly so click here to book your ticket now.