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CASE STUDY: From losing money to a nearly $4m profit in just a few years leadership profitability strategic planning succession Feb 10, 2023

We wanted to share a case study with you from a Platinum Mastermind client who went from a loss to almost $4 million in net profit in just a few years. 

Ben, Kate & Sam Taylor from Culara Farming in Condamine. 

We are also sharing this case study as part of video 2 in our free, 3-part trai...

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Making Farm Succession Work communication skills leadership strategic planning succession Jan 20, 2023

For many farming families, the word ‘succession’ can bring up high emotions, difficult memories or a feeling of overwhelm. Here at Farm Owners Academy, alongside Tony from Catapult Wealth, we recognise that succession planning is often an emotionally-charged, complicated and challenging process. I s...

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Most farmers feel guilty, but this is where you want to spend some time personal development productivity strategic planning time management Jan 13, 2023

The ‘Important Not Urgent’ quadrant is a concept introduced by Stephen Covey in his book The 7 Habits of Highly Effective People. In this book, Covey suggests that people should prioritise their tasks based on their level of importance and urgency and divide them into four quadrants:

...
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Some simple tips for setting up an incredible 2023 mindset personal development strategic planning time management Jan 06, 2023

Here are some simple tips to help you set up a great 2023. 

  1. Put your holidays into your calendar early. If you don’t plan time off, you will fill it with stuff. I like to ensure I get a mini break every quarter (4 days off) and an extended break once a year (2 to 4 weeks off). Everyone needs to ...
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The Skills You Need to be a Top 5% Farmer business growth financial literacy mindset strategic planning Dec 30, 2022

As the year comes to a close, it is fitting that we look back and reflect on an aspect of our business here at Farm Owners Academy that we are incredibly proud of and love doing – and that we know so many of you are avid listeners of!  

Our podcast The Profitable Farmer has made a significant diffe...

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How I freed up 13 hours each week that I didn’t even know I was wasting goal setting productivity strategic planning time management Oct 25, 2022

After two years of coaching, I had 13 clients.  
 
I thought I was doing really well and wasn’t thinking about growing – I was in a comfort zone. 
 
I knew time management was one of the most important skills I could learn, so I paid for a time management course. 
 
One of the first things we did was docu...

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If you do these 8 things… you will be a top 20% farmer financial literacy leadership mindset strategic planning Oct 07, 2022

Many farm owners believe that in order to become a top 20% farmer, you need to work harder (or do more).  
 
This is not true. 
 
The top 20% of farmers just do things slightly differently. 
 
In fact, I would argue that many top 20% of farmers are working less than an average farmer. 
 
And a top 20% farme...

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Running a business with multiple owners human resources leadership organisation skills strategic planning Sep 30, 2022

Recently I was asked a great question by Rob – about models/leadership structures for multiple business owners, for example, more than two siblings that run a business. 
  
Firstly, it is a little bit more complex but very achievable if the owners are okay leaving their egos at the door. 
  
Having a cl...

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Do you really respect your time? goal setting organisation skills strategic planning time management Sep 16, 2022

Some people are in control, and some people aren’t.  

 

Either you run your business and life, or your business and life will run you. 

 

If it’s not scheduled in your calendar, it just won’t get done – learn to schedule time for important personal goals and things that will drive your business ...

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The brutal truth about trading time for money mindset personal development profitability strategic planning Aug 19, 2022

Are you stuck in the trading time for money trap?

Sadly – most people are.

Trading time for money was ingrained into most of us from an early age.
We were taught to choose a career when we were older such as being a doctor, lawyer, electrician, artist, farmer etc.

And our brains would visualise se...

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Most people were NOT taught the skills to run a successful business… financial literacy leadership platinum mastermind strategic planning Aug 05, 2022
  • An accountant spends three years studying their craft 
  • A lawyer spends five years studying their craft 
  • A doctor spends seven years studying their craft
AND they are all required to complete further education each year to maintain their qualifications.

 

Having coached several accountants, ...

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A weird psychological shift when we move from employee to business owner… goal setting platinum mastermind productivity strategic planning Jul 29, 2022

I had a really interesting chat with a client last week about why we don’t always do what we know we should when we run our own business. I told him why I think this occurs by relaying the story below from when I was an employee. 

Many years back, I was a sales executive with Telstra and had a mont...

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