Unless you know and apply some basic principles, you cannot last in
any business and Farming is no exception to that. There is no point
in going into any business if we cannot do what it takes to last and be successful
in it.
1. Develop the
passion
Only passion can take you far into any business including farming.
Without having the passion, you will not last in farming. Passion is the
energy that will drive you to success no matter the difficulty you face. Passion
is what will bring you back to farming even when you lose your chickens to
Newcastle disease or when predators massacre your whole flock of chickens and
worse still when your whole field is wiped with floods, let alone other
devastating uncertainties.
2. Be committed
to continuous learning
You will not go far in farming without wisdom, knowledge and
understanding. It is easy to learn these days with so many useful FREE seminars
all over the place. You can never learn enough in improving your farming business.
The internet is awash with information. Learn through, internet among others. Read
widely, join Farming forums, and visit agricultural shows and training
seminars.
3. Take it that
problems will come
No matter how good you may be, problems will still visit you on the
farm. The difference is that great farmers usually turn their problems to
opportunities for growth and more profits. Market prices will go down while
Production costs going up and only the brokers benefiting. Find a way to rise
up after every fall. Find a market far from your place. Tough times never last
but tough people do.
4. Apply sound
business principles
Treat farming as a business to succeed in it. A farmer should be
grounded in sound business principles. Understand the market dynamics, obey the
laws of demand and supply, practice market timing.
5. Be a marketer
What is the point of having products when you cannot turn it to
money? Every Farmer today must be a sound marketer if they want to succeed. Use
digital platforms to market and sell farm products. Take your products to the
end user. Understand the market. Middle men outwit you because they
understand the market. Don't just be satisfied by the morsels or bread crumbs. Take
the lion’s share.
6. Keep re-investing
your profits
Cash flow and profits are important elements of any business.
Business success is not about how much money you make; it is how much money you
keep and reinvest. Avoid get-rich-quick schemes. You will cry in the toilet. Take
the narrow gate for wider is the path that leads to destruction.
7. Watch your
health!
Health they say is wealth. Farmers should constantly monitor their
health and not internalize the pains and struggles associated with farming.
Avoid stress and depression. Your life is important. Problems are bound in
any farming venture. Your health is important. Health is wealth.
8. Enjoy what
you do
Learn to enjoy the whole process. Take it as an adventure. Any
business that cannot be taken as an adventure will ultimately burden the owner.
Finally, be
happy and optimistic. Take profits and losses with your head held high!
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