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Non-Cattle Specific Topics
Coffee Shop
Farming is tough
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<blockquote data-quote="Lee VanRoss" data-source="post: 1700093" data-attributes="member: 40072"><p>Given there are exceptions to most rules:: If you are not farming large enough to justify a hired man you will probably be the</p><p>last of your family to operate the farm. Generally it takes about a 1000 acres to justify a hired man. Fiscal diversity and a general</p><p>knowledge of economics is an asset no to be overlooked. Simply stated outside investments and the ability to capitalize on them</p><p>can add generations of life to the family farm. A spouse with no interest in the land is a death knell to the success of any operation.</p><p>Lack of time management is a big factor in farm failures. Too much unplanned time, There are more but I shall close with,</p><p>" Letting too much iron and oil set between the sun and the ground without a purpose" i.e. single use equipment</p><p> Oh and I almost forgot, God works in mysterious ways, His miracles to perform.</p></blockquote><p></p>
[QUOTE="Lee VanRoss, post: 1700093, member: 40072"] Given there are exceptions to most rules:: If you are not farming large enough to justify a hired man you will probably be the last of your family to operate the farm. Generally it takes about a 1000 acres to justify a hired man. Fiscal diversity and a general knowledge of economics is an asset no to be overlooked. Simply stated outside investments and the ability to capitalize on them can add generations of life to the family farm. A spouse with no interest in the land is a death knell to the success of any operation. Lack of time management is a big factor in farm failures. Too much unplanned time, There are more but I shall close with, " Letting too much iron and oil set between the sun and the ground without a purpose" i.e. single use equipment Oh and I almost forgot, God works in mysterious ways, His miracles to perform. [/QUOTE]
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