Agripreneur Podcast

Why Most Farmers Fail and How to Make Sure You Don’t

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Synopsis

Why Most Farmers Fail and How to Make Sure You Don’t   Episode Recap: In this episode, Phil and Landon take a look at key points from the article, “10 Reasons Why 7 Out of 10 Businesses Fail Within 10 Years,” by R.L. Adams of Entrepreneur Magazine. Adams’ article tackles the tough reality of starting and maintaining your business in the long run. The hosts dive into 7 reasons and help translate how these business pitfalls apply to the unique struggles farmer’s face in 2018. From the start, this episode is chalked full of expert tips and personal anecdotes on how to overcome the hurdles of farming and entrepreneurship. Landon shares his take on farming from a branding standpoint and why he predicts farmers will change the way they prioritize their resources in the near future. Later in the discussion, they talk about the types of people you should look for when building a “tribe” for your business. Later, they reveal how to use this tribe to create a strong company culture and develop an effective management s