Profitable Farmer

# 6 - Three things you need to stop doing on your farm

Successful people are always looking to offload tasks to get back their time.
Unsuccessful people take on every task in order to save money. In this free audio podcast, founders of farm owners academy, Andrew Roberts, and Greg Johnsson discuss that your stop doing list is more important you’re your to-do list. Successful owners are constantly delegating and constantly letting go of low-value tasks.
Greg will share with you how he grew his business by 400% by letting of administration and the veterinary work at his vet clinic.
You will learn three very simple things that you should stop doing, to help you make more profit and scale your business.
 
Farm Owners Academy
 
p.s Join the Profitable Farmer closed Facebook group and connect with farmers who want to learn how to get more profit, more control, and more freedom. Click here
p.p.s  If you’d like to work directly with us and our team to help you significantly improve the profitability of your farm, and run your farm like a real business just contact us.. tell us a little about your business and what you’d like to work on together, and I’ll get you all the details!
 

# 5 - Why doing the technical work on your farm is most likely costing you a lot of profit

In this podcast:-
Greg and Andrew are going to help you understand that you can't free yourself from being busy while you are being busy.
They're going to open you up to the importance of changing environments that you can't solve a problem in the same environment where you created the problem.
They then go to really talk to you about the importance of knowing your hourly rate. Most top producers are operating at an hourly rate of $600 or higher, and if you get stuck doing a $20 to $30 an hour work, then you're going to struggle financially. You are also going to be working extremely hard.
And finally, they're going to take you through a number of examples of what is a $600 an hour job and how you can apply to get to the next level. This will give you the confidence you need to let go of the low-value technical work.
So as you can see, this episode is Jam-packed.  Enjoy it. And if you like it, Please share it with another farmer.
Farm Owners Academy
 

# 4 - Run your farm like a professional AFL team

Imagine you are the manager and coach for the Adelaide Crows AFL team.
Your role is simple.  Hire and train the best team to win the premiership.
You have to focus on
Ensuring you have the best forwards, midfield and back
Ensure you have enough money to get the whole thing to work
Ensure the players work as team
Ensure they remain focused on training
Ensure they focus on winning the game
Ensure each player does their job properly and focuses on their job
Ensure the fans keep showing up to cash flow your business
Running a farming business is no different to this.
As the leader your goal is to:-
Ensure you are clear on the objectives and goals of the business
Ensure you recruit the right team
Ensure each team member works together as a team
Ensure you manage this process, and hire and fire accordingly.
Ensure you have enough money to pay for everything
Ensure things get done on time on budget
The problem is (more often than not)  YOU are the leader and the PLAYER of ALL positions.
Can you imagine being the manager of an AFL team AND being ALL players on the field?  You really would become the jack of all trades and the master of none.
While you are doing the job in the attack, who is looking after protecting your goal posts?
As an owner, you wear so many hats.  You are:-
The CEO – the person that has to set the direction of the business
The Marketing Manager – manage the website, social media presence and finding customers
The Operations Manager – ensure that all of the jobs get done on time
The Human Resource Manager – ensure you hire the right people, keep the team motivated and doing the right things
The Administration Manager – someone has to clean the sheds and maintain the yards and its often you
The Finance Manager – you need to pay the bills, set budgets, read profit and loss statements
And somehow – you need to fit this in ALL while still being a parent, friend, look after your health and have a relationship!!!!
Just by writing this I feel burnt out!!!!
If you’re not careful – the business takes control of you instead of you controlling it.
In this week’s free podcast we explore  ‘How to build a team to get things done’.
We have also included a really good resource here where we outline every job that gets done on a farm so you can see what each role on your farm needs to do.
Download it here
See you next time,
Andrew Roberts
p.s take some time to clarify all of the roles in your business.  It will really help you look at your business just like an AFL manager/coach would.  It will help you see ways to create more efficiency.

# 3 - Generate more profit by getting your financial records in order

In this Pod cast you will learn: 
How setting up your financial records will make you more money
Why you need a budget (you can also download a great budget template)
Why benchmarking will always help you improve your profit
An unusual idea Andrew was taught by a billionaire which helped him generate more flow of money
Understand how the law of vacuum effects you and what you can do about it

# 2 - What Needs To Happen Before You Become A Highly Successful Farmer

Summary of Episode 2
Why working harder is NOT the answer
Having goals is important, but there are many other things you also need to work on
If you don’t believe you can ever run a great farm, you won't
The number one thing you need to work on to be a highly successful farmer.
The habits of a top performing business owner

# 1 - The Skills You Need To Be A Top 5% Farmer

Summary: 
Why you need to learn business skills to be a top 5% farmer
The definition of a real business and why most farmers never achieve this
A summary of the skills that you need to master to run a great business
Why you need to think very differently if you want to run a great business
The steps you need to take to get your farm to operate without you there