Contact Us

FREEDOM FARMER BLOG

Unlocking Business Success: Learn from the Rugby Field!

Dec 07, 2023

In Ray Dalio's book Principles, the billionaire hedge fund manager draws a compelling analogy between managing a business and steering a professional sports team.  

Picture yourself gazing down at the field, assessing the players, and pondering, "What's our objective, and who do we need to secure the win?" 

I've had my fair share of Rugby Union games where the mission is clear: score points and claim victory with a team of 15 players.  

In Rugby, losing can happen due to various factors: 

Insufficient team members 

  • Inadequate skill sets 
  • One player juggling too many responsibilities 
  • Lacking a leader 
  • Lacking commitment 
     

This translates seamlessly to the business realm.  

Take a step back, adopt a 20,000-foot view, and ask, "What are we aiming for, and who do we need on our team to achieve success?" 

Many business owners wear too many hats, believing they excel at multitasking. However, this often results in unintentional vulnerabilities. While hiring might seem financially daunting, playing to win means you can't afford NOT to. 

As a CEO, your role involves: 

  • Defining the strategy and goals for the business 
  • Identifying the essential team members required for success 


It's not about piling on more work but strategically placing the right people on the field. 

It is a subtle distinction, yet it yields a significant impact. 

Thinking like a coach and manager, rather than a farmer labouring harder, opens new avenues for achievement. 

Through years of observation, I've found that those willing to take the plunge and make strategic hires often outperform those solely relying on working harder to cut labour costs. 

Naturally, hiring the right individuals is crucial. They must understand their roles, be passionate about their work, possess the necessary skills, and align with your company values.  

Achieving unity, where everyone moves in the same direction, is paramount. 

Effective time management and enhancing team efficiency become leadership priorities.  

Labour costs can be substantial, so ensure that every dollar spent on personnel yields a return on investment. Remember, hiring is an investment, not a mere cost. 

Wishing you a fantastic week ahead, 

Andrew Roberts and The Farm Owners Academy team

 

Is Your Dream Team Right in Front of You?

Sep 19, 2024

In Rough Seas, Are You an Ocean Liner or a Dinghy?

Sep 06, 2024

While you're here, explore what's on at Farm Owners Academy

FREE COACHING
COMPLIMENTARY COACHING CALL

Ready to take your farm to the next level? We are here to help you overcome common challenges and achieve your business and personal goals.

BOOK YOUR CALL >
SHORT COURSE 
PRODUCTIVITY & TIME MANAGEMENT SHORT COURSE

A short course designed for busy farm owners and managers to help reduce the overwhelming workload and time management struggles you encounter daily, and increase your productivity and results.

ACCESS THE COURSE >
SHORT COURSE
THE FARM CASH FLOW OPTIMISER

Navigating the complexities of farm cash flow and financial planning might feel overwhelming, but you’re not alone. Many Aussie farmers have felt the pressure of managing finances amidst fluctuating markets, increasing interest rates and unpredictable weather. However, they've found a way to turn uncertainty into opportunity with the Cash Flow Optimiser Short Course.

RESERVE YOUR SEAT >
Head Office

252 Playford Hwy
Kingscote SA 5223

Let’s Talk

0447 184 167
[email protected]