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Ready, Steady…… GROW! business growth farm expansion scalability strategic scaling Dec 16, 2019

Do you get a major kick when you think of buying out your neighbours?

Do you aspire to be a big operator?

Do you dream of being the biggest farmer with the most land in your area?

If so, Pump Up Scale (the eighth level of the TOP Producers Model) will help get you there. This step's all about rin...

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The Best Ways to Grow Your Wealth... Safely Dec 16, 2019

Farming is inconsistent. 

 

Some years, you make money…others you don’t. 

 

The theory goes, out of every six years, you’ll make money in four of those years and you’ll lose money in two of them. It’s all part of the game.

 

That’s why it’s so important to be clever with your money in the good...

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Decision making - wing it or win it? decision-making kpi performance metrics profitability Nov 18, 2019

When most farmers make decisions, they wing it.

 

They don’t have any tools or systems to help them decide whether something is a good financial decision or a bad one.

 

…Which leads to bad decisions that cause big problems like:

  • Unnecessary spending
  • Constrained progress (when it comes t...
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To scale or not to scale…. that is the question business growth personal development strategic scaling succession Nov 18, 2019

Too many farmers push themselves to always keep growing simply because they think it’s what they “should” do.

 

Do you agree?

 

There are benefits to growing your team  and scaling your farm (and we’ll talk more about that in a minute.) But there are also other options that could be just as prof...

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6 steps to take you from family farm to well-run business goal setting organisation skills strategic planning time management Nov 18, 2019

If you ask me, it’s an absolute waste of time…

…to try and manage things you can’t control.

No matter how hard you work, you’ll never be able to control the weather, your family’s actions, or interest rates at the bank. So I’d rather help you focus your limited energy on the things you CAN control...

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How to reduce your biggest cost on the farm farm efficiency infrastructure management resource allocation workflow optimisation Nov 18, 2019

Are you wasting time without even knowing it?

 

Years ago, when I lived in Brisbane, I got up at 4:30 in the morning. I woke up before the sun so I could meet a mate of mine and train with him at the gym.

 

After six months of doing this, I happened to mention to him the route I took to the ...

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Amazing Farmhands, Great Culture, and Winning Succession Plan: Here’s How They Did It. culture leadership succession Sep 06, 2019

Imagine finding two hardworking farmhands that you completely trusted…

That you could train up to do all the farm jobs…

So you have time to do things like: 

  • work on the high-level strategy to increase profits
  • make succession plans
  • even free yourself up to take multiple holidays each year

S...

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The 3 key financial figures profitable farmers track budgeting financial analysis financial literacy profitability Sep 06, 2019

Most farmers struggle with profits.

 

Even if your revenues are high, you can still lose money after all your costs, interest payments, and other expenses are paid out.

 

Like our student Travis..

 

In the 2014/2015 year, he and his brother had a great revenue on the farm – $2.12Million.

 

B...

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The 7 deadly sins that keep most farmers stuck financial literacy mindset personal development strategic planning Sep 06, 2019

Between Greg and I, we’ve been working with farmers for 50 years.
 

And during that time, we’ve noticed a really troubling trend:
 

Most farmers stay stuck, forever.
 

Longer than forever, actually…
 

Because they spend a lifetime stuck and then pass that legacy down to their kids and then they stay...

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The TOP Producers Model: How Our Students Get 4.6% Higher Returns Over ABARES financial analysis performance metrics profitability strategic planning Sep 05, 2019

I’ll get right to it…

 …because these numbers speak for themselves.

 

The chart below shows you the Return on Assets Managed (ROAM) for the 2016/2017 year. It’s a comparison of ABARES, Holmes Sackett, and our Farm Owners Academy (FOA) students:

Using those figures, an average Australian farmer...

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The #1 Success Secret That Most Average Farmers Don’t Think About Sep 05, 2019

Here’s a mind-blowing stat:

Farm Owner Academy students get 4.6% higher Return on Assets Managed than the average farmer.

Given a $3Million property, that’s an average of $108,000 more every single year (compared to the ABARES figures).

The big reason why our students are so successful?

They fol...

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These Business Lessons Could've Helped My Dad’s Farm financial literacy mindset personal development strategic planning Jul 29, 2018

The biggest fear for most farmers? (and for most people in general?)

Failure.

The thought of giving it your all but still not making the cut terrifies a lot of people.

I guess I’m not like most people in this respect. Because I’m quite open about the fact that I’ve had a few failed businesses ove...

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