One good employee beats three average (this is why it’s okay to pay one good one a little more).
Here are ei...
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"It’s not the figures that matter, it’s what you do with them." – FOA Benchmark Analyst
If you’re running a farm business, there’s a good chance someone’s told you to use Gross Margins to decide which enterprises are most profitable.
It’s a common approach in farm consulting.
But here’s the proble...
Business leadership, especially in family-owned or multi-generational farming businesses, can often feel like a murky maze.
Who’s in charge?
Who’s making decisions?
Who’s taking responsibility?
These questions might linger unresolved, leading to frustration, stagnation, or worse, conflict.
...
In Patrick Lencioni's "The Five Dysfunctions of a Team," trust emerges as the cornerstone of a successful team dynamic.
Lencioni defines trust as the confidence team members have in each other's intentions, where there's no need for caution or defensiveness within the group.
Put simply, tr...
In the realm of business, understanding human behaviour isn't just a nice-to-have skill—it's a strategic advantage. Among the many psychological phenomena that shape our interactions, the Hawthorne Effect stands out as a powerful force. Named after a series of studies conducted at the Western Electr...
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 t...
Imagine being a crew member on a yacht, setting sail from Sydney to Hobart during the bustling race day.
Now picture this: encountering a cyclone halfway across the Pacific Ocean, much like the dramatic events of the 1998 race.
What would you expect from the yacht's captain in such turbulent moments?
W...
Farming is more than a profession; it’s a way of life that often spans generations.
This continuity brings with it invaluable wisdom and experience, but it can also lead to generational differences in the way the farm is managed and the business is run.
These differences can pose significant chal...
I recently had the privilege of interviewing remarkable farmers, Tim and Cheryl Freak, for an upcoming masterclass titled “How to find, keep and grow a successful farm team.”
The conversation left me truly inspired as they shared their journey, and are now taking extended breaks from their f...
If you often find yourself overwhelmed and burdened by a seemingly endless list of tasks, it might be time to embrace the power of delegation.
Effective delegation is a skill that can transform your work life, leading to fewer mistakes, reduced stress, and increased team cohesion.
However, man...
I had a great 50-minute conversation recently with Ben Law from “The Financial Bloke.”
I highly recommend checking out his podcast – Click Here!
During our discussion, we delved into the topic of personal and company values, covering various aspects such as:
I hope this message finds you well.
I wanted to share a recent experience where we took the time to align our Farm Owners Academy team with the company’s direction.
Here are some key highlights:
Our CEO, Sam Johnsson, organised a 2-day planning session for a portion of our leadership team in the ...
If you want to hire someone, the ultimate goal should be to hire the right person. Slowing down the hiring process to find the ideal candidate is perfectly acceptable.
One good employee beats three average (this is why it’s okay to pay one good one a little more).
Here are ei...
Farm Owners Academy, Little City, 1/132 Prospect Road, Prospect, SA 5082
0447 184 167
[email protected]
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