Like many people I have been searching on here for months, and learning from your wisdom. MUCH IS APPRECIATED.
Background:
29 Years Old
Central Texas
Off Farm income Yr/ $150k
My job is 100% work from home.
I currently own a home 1.5 hours away from the property I am looking at purchasing. The land closer is move expensive for 70% less land.
26 Acres Purchase Price $90,000
90% Pasture with Pond
100% Fenced Property
I grew up on a family farm outside of Mobile, AL. My Great Grandfather and Grandfather (Basically Father) worked this land until the farm was finally sold in 2006. I lived on the farm growing up and then went back and worked the farm over the summer every year until my early 20's. We did not manage a herd but physically managed the 200 acres and the things associated with that ( Fence Management, Pasture management, etc..) Additionally we had 50 acres of Pecans that we harvested every year and sold direct to consumers. I inherited
Previous Business Experience: I was the CEO of a smallish company for about 3 years doing good business in the 7 figure range. My point is that I have operated and actual business before. I know some things will transfer and most wont, but just some background info.
My Plan: I want to start a full grass fed operation with a market direct to consumers under the family farm name. Grass Fed Cow, Sheep, Pig, Chicken. My plan is to start small with 6 cow calf pairs (Limousines Registered) and approx 20 sheep (White Dorper), and 50 chickens (undecided). I would do rotational grazing on the property with daily moves and separate the different livestock. Additionally I would build a Barndominium to house some of the livestock and also have a place to stay. Each section would provide access to the pond for water and also individual shelters per section.
I would use AI on the cattle instead of having the Bull issue. Raise up to slaughter weight and then off to the butcher. In the middle keep replacement heifers, cull bad producers, and get rid of any problem stock. I would castrate the steers and keep them until they are nice and ready to eat.
Sheep and Chickens would be similar approach minus the AI aspects.
Being in central texas (hippieville) home of World Market etc... There is a huge market for this type of operation. I am a salesman by trade so its not really and issue for me to market my own goods regardless of where I do it. Additionally I already have some commitments from some very large local restaurants I have relationships with.
I additionally inherited all of the old farm equipment so I dont need a tractor or tools etc. Just cattle related equipment. Additionally I am hoping that I can keep my costs low with not having to buy as much feed as opposed to grazing.
I just want someone to shoot a hole in my plan haha. I feel that I have a good understanding of what I am getting myself into, but is my plan too good to be true (in my head).
sorry for all the info just trying to be clear.
Thanks,
Boon
Background:
29 Years Old
Central Texas
Off Farm income Yr/ $150k
My job is 100% work from home.
I currently own a home 1.5 hours away from the property I am looking at purchasing. The land closer is move expensive for 70% less land.
26 Acres Purchase Price $90,000
90% Pasture with Pond
100% Fenced Property
I grew up on a family farm outside of Mobile, AL. My Great Grandfather and Grandfather (Basically Father) worked this land until the farm was finally sold in 2006. I lived on the farm growing up and then went back and worked the farm over the summer every year until my early 20's. We did not manage a herd but physically managed the 200 acres and the things associated with that ( Fence Management, Pasture management, etc..) Additionally we had 50 acres of Pecans that we harvested every year and sold direct to consumers. I inherited
Previous Business Experience: I was the CEO of a smallish company for about 3 years doing good business in the 7 figure range. My point is that I have operated and actual business before. I know some things will transfer and most wont, but just some background info.
My Plan: I want to start a full grass fed operation with a market direct to consumers under the family farm name. Grass Fed Cow, Sheep, Pig, Chicken. My plan is to start small with 6 cow calf pairs (Limousines Registered) and approx 20 sheep (White Dorper), and 50 chickens (undecided). I would do rotational grazing on the property with daily moves and separate the different livestock. Additionally I would build a Barndominium to house some of the livestock and also have a place to stay. Each section would provide access to the pond for water and also individual shelters per section.
I would use AI on the cattle instead of having the Bull issue. Raise up to slaughter weight and then off to the butcher. In the middle keep replacement heifers, cull bad producers, and get rid of any problem stock. I would castrate the steers and keep them until they are nice and ready to eat.
Sheep and Chickens would be similar approach minus the AI aspects.
Being in central texas (hippieville) home of World Market etc... There is a huge market for this type of operation. I am a salesman by trade so its not really and issue for me to market my own goods regardless of where I do it. Additionally I already have some commitments from some very large local restaurants I have relationships with.
I additionally inherited all of the old farm equipment so I dont need a tractor or tools etc. Just cattle related equipment. Additionally I am hoping that I can keep my costs low with not having to buy as much feed as opposed to grazing.
I just want someone to shoot a hole in my plan haha. I feel that I have a good understanding of what I am getting myself into, but is my plan too good to be true (in my head).
sorry for all the info just trying to be clear.
Thanks,
Boon