Agriculture is the backbone of any country’s good economy. Most developed countries have agriculture boosting their economies by more than 26%. Farming is the idea of land cultivation, raising stocks, etc. It’s true that people who practice farming, with all the relevant techniques, largely influence the trends in their country’s economic growth. From my experience, farming can be either difficult or fairly easy to join due to several factors like climate. Like any business venture, farming largely relies on the agronomist and the business environment he’s in.
Starting with the right tools or good farming land, the business can make him the newest millionaire in town, but with corrupt knowledge concerning the same, he’ll curse whoever started it. With the following tips twined together with a zeal determination of being a prosperous farmer from your side, the pros of venturing into the world of farming as a business will outweigh the cons.
Begin with developing a plan that is well formulated, then consequently trying as much as possible to always stick to it. Prosperous farming endeavors are cultivated on keen, timed, and intelligent planning. The plan will help a farmer decide what type of farming he/she will undertake, how, where, and when to do it. My friend’s corn farming didn’t succeed due to a lack of a properly made plan. An agronomist needs to develop one with a lot of enthusiasm while including views from already established ones. The farm plan should include a risk management section, devise a backup plan because accidents can happen, staff fall ill, farm equipment gets lost or break down, or even the weather pattern may unpredictably change. Proper planning largely contributes to your success since, notably, this is where all the farming starts.
Proceed to get the correct farming equipment, purpose to employ relevant technology. The right farming machinery or technology is a mandatory condition to realize a successful farming endeavor. Before you start, whether large or small scale, you must have the right machinery. My friend, whose corn farming hit the rocks, was a victim of this. He went for substandard farming equipment and employed proven yet inappropriate DIY farm tools. Lias with different farm equipment dealers offering the best prices for their merchandise and purchase affordable yet appropriate farm machinery.
Then locate your target buyers; start by targeting your local market and evaluating its sustainability before you set foot in the international market. Knowing how, when and to whom you are going to sell your product is the part that brings money so pay attention to it. It requires prior and proper research because having your carrots going bad in the backyard due to ignorance, poor, or no research at all for its market is the last thing you want. Locate your farm business close enough to your products’ market to minimize expenses incurred during transportation, especially for easily perishable produce. What profits will you get by setting your tomato farm a five-day-travel distance from your target buyers? Very minimal if you ask me.
Do what you like, like what you do, be proud of it. Since farming is an endeavor of hard work, you will be doing yourself a great favor by growing whatever sparks your interest. See, if you do love watermelons, then why not invest in watermelon farming? As long as your interests match the right farm equipment purchasable, your target market, and is in line with your farm plan, you can proceed to realize it as a venture. Do not be so money-minded, let your passion propel your farming decisions, and participate in whatever makes you feel happy.
Formulating sensible goals is equally an important tip that will accelerate your likelihood of being a prosperous agronomist. The last thing your occupation expects from you is being over ambitious. Expecting your inherited acre piece of land where you rare ducks to yield a $1,000,000 debut turnover is one inch close to impossible. Be logical, start small, with sensible and achievable end goals, don’t set the bar too high for yourself.
Being serious on matters concerning money is a crucial tip that will help you know when you’re making profits or losses with ease. Keep a trail of your income and expenditure for your farm. You don’t want to lose track of your money by losing your invoices, cheques, receipts, and other relevant documents. This information will help you know which times of the year your product sells more and hence seize the opportunity by maximizing production before the peak-sale seasons.
Read broadly and purpose to enquire more from established farmers about your venture. Be eager and allow yourself to learn new things about your work. Farming keeps evolving due to constant inventions; therefore, reading will keep you updated with modern trends, innovations, and techniques. Though, before you settle down to applying a particular skill, enquire from the internet or any farmer who has ever used it or what they think about it.
It’s not guaranteed that abiding by these tips will make you the best farmer the world has ever witnessed but will serve as a stepping stone. Because from my experience, there is a pool of overlooked but important factors that largely influence a business’s success. These are cultivated by a serious farmer, like hard work, persistence, commitment, good negotiation skills, intelligence, patience, and other uncontrollable factors like luck, which really counts in this work, just like any other.