Profitable Farmer

RUOK?    The 10th annual RUOK Day takes place on Thursday 12th September 2019.    Farm Owners Academy wholeheartedly supports the RUOK initiative because we recognise the prominence of mental health issues within farming.    In a bid to raise awareness, we are dedicating this episode of the Profitable Farmer podcast to this poignant cause.    Today, I have an in-depth discussion about mental health within the farming community with Tracy Secombe, renowned mindset coach and creator of Soul Pleaser™   For the past 3 years, Tracy has been leading our team of Platinum Mastermind coaches which has given her a unique insight into the personal lives of hundreds of farmers, their struggles, issues and fears.    There is so much wisdom in this interview.   Tracy explains why so many of us ‘people please’, and the impact this has on our mental health.    We also discuss:  Why male farmers carry so much fear of failure and how anxiety is created from losing the farm  How so many people put on a br

In this week’s podcast we interview Terry Tran.  Terry shares with us how investing is just like planting a crop and the power of timing.  There’s some great content in this podcast including:  Why now is amazing timing to pick up some stock opportunities Does Terry believe we are heading for a recession Terry’s thoughts on the value of land and if he would be trying to buy more farm land right now Some insight into how he values a business to invest in and what you need to know to invest.     Take it easy,  Andrew   PS: if you are interested in registering for a free online training coming up with Terry, please click here.    P.P.S Whenever you’re ready…here are 3 ways we can help you grow your farming business: 1. The founders of FOA run a special free online training to show you how to create a profitable business that has the ability to work without you (creating a freedom farm) – Click here to register for the next one.  2. Join the Farm Owner Academy’s closed Facebook group ‘Profita

Are you frustrated because your vision for the farm is different to other family members and you can’t agree on the way forward?  In this podcast, David Westbrook and I discuss one of the BIGGEST issues affecting family farms.  Disagreements between generations, parents and/or siblings is a real issue and an unbelievably common occurrence in the farming sector.  In this episode we explore the importance of core values and how to get everyone on the same page.  Here are some of the things we discuss: Different generations wanting different things from the farm. Why having written core values will give you more direction, clarity and motivation. Why understanding others values will improve relationships. Why judging and feeling judged is down to a lack of awareness.   We want to help you work through these issues and enable you to live the farm life that you all want… because why would you allow someone else to dictate your future?   We hope this podcast answers some questions and helps you e

Do you think that you might have a negative association to money? If you get stressed, angry or you find yourself complaining about money, you might be surprised to hear you could have a limiting belief around it. We address this in this week’s podcast and you can listen by clicking here.  Here is a list of some common limiting beliefs:  Money is hard to make Money comes in one hand and out the other Money is difficult to make, particularly as a farmer Money is scarce and hard to come by Money doesn’t grow on trees There is not enough money to go around I don’t have enough for later on in my life Paying for my kids’ education is expensive   Many of these beliefs were created when you were a child and were most likely passed onto you by your parents, your community and even your teachers.  It’s very hard to get ahead and go for what you want when you carry these beliefs.  In today’s episode, we explore these limiting beliefs and what you can do to remove them.  It’s a really important podcast

Do you ever get distracted?  Do you often have ideas but sometimes lack the ability to implement or see them through to completion?  Do you feel crystal clear on where you are going and how to get there?  Today’s podcast ‘If you chase two rabbits, you will catch neither’ will help you focus on less, and simplify how you run your business.   Andrew will open you up to: The Entrepreneurs Curse and why you need to be aware of this; Magnifying Glass Theory and how you can use this to explode your business growth; The power of FOCUS and how it will help you profit more whilst working less; Discipline to not get caught up in ideas; Why breaking your goals into 90 days is such a powerful thing to do.   Enjoy the podcast. FOA

Today we discuss how The Vacuum Law can be used to create prosperity in your life. The Law of the Vacuum is a universal law and is one of the main reasons why you may always feel busy and never have time do to the things you want.   It could also be the reason why you feel you don’t get ahead as quickly as you would like to.   Andrew will share with you how this effect:  Money; Time; Health;  Relationship. ….and most importantly, how to change this!   Enjoy this free podcast.   Regards, FOA

One of our clients, David Westbrook, shared an article that he’d written recently.   It really inspired me, so I decided to interview him for this month’s podcast.   David has agreed for me to share his article with you:   What advice would I give to an up and coming farmer?   Simple... just smile more.   We worry about everything and this creates resistance to what we truly want.   We need to read, we need to journal, we need to get educated on our core focus and we need to implement, but if we just smile every now and then.... we will get there so much quicker and happier.   We worry about the rain, we worry about the markets, we worry about what others think of us.   Where does this worry get us? Nowhere, in fact it makes us go backwards.   We do our due-diligence on the markets, we have a risk mitigation strategy for a drought, and you know what? Other people aren’t even thinking about us anyway. Do you know why? Because they’re too busy worrying about what you think of them!   We spe

Being an entrepreneurial farmer today can be tough. There seems to be more work and less time to get things done...and you need to devote even more energy into running your business than ever before. And despite all that...most farmers are barely getting by financially. They still worry about: How they’ll make it through the current season Whether they’ll lose the farm that’s been in their family for generations, and If they’ll be able to retire, of they’ll have to keep working until they’re 99 to pay the bills That’s why I want you invite you to a free podcast interview called ‘The three main reasons farmers make world class investors’, where I had an honest chat about money and “getting ahead” with my friend and investment mentor, Terry Tran. (He’s the guy on the right in the photo below.) Terry’s the best guy I know when it comes to money advice. His system is simple but genius: minimise risk to maximise profits. Terry’s all about protecting yourself FIRST, eliminating the normal risks associate

G’day,   In this week’s episode, Andrew walks you through the steps to hire a GUN worker.   Here are some of the things that you will learn:   One good person will beat three average Hire slowly, fire fast Don’t just look local Start with the job ad Hire more on traits than skills Listen to hear the rest!   If you need help when it comes to finding and hiring strong team members, this podcast is for you!   Feel free to share this with any other farmers that could use these tips!   Cheers FOA

  Do you put the ‘Pro’ in Procrastination?  Then this podcast is for you!  This podcast will teach you:  What a major dominant goal is; Why we think you are smart having one; How this will beat procrastination and get you moving; How this will get you focused; Why this is necessary if you want to be a TOP Producer.  We hope you enjoy this podcast.   Kind Regards, FOA

Episode 24: How Tim & Cheryl are creating a Freedom Farm   Today we share an interview of Tim and Cheryl Freak that we did for our mastermind clients.  Tim & Cheryl are an amazing couple who are very passionate about farming.  In this interview, we explore how they are setting up their business to create a Freedom Farm.  This is a profitable company that continues to work without their presence.  Tim & Cheryl’s children are not ready to work on the land at the present time so they’ve had to hire people to help them create this freedom farm. We explore how they did this during the interview…   Here is a bit of back ground about Tim and Cheryl Freak:    Location:   Background: 1982 – Tim’s parents purchased 485 ha & share-farmed sheep 1990 – Tim joined the business.  Purchased 242 ha- very low equity 1992 – Cheryl joined the business 1998 – Purchased 380 ha 2002 – Share-farming extended to include cropping 2004 – Purchased airseeder and bar in a syndicate 2005 – Purchased 32

  The quality of your business and life is in direct response to the quality of the questions you ask.  Today’s podcast takes you through 10 key areas and gets you to question how you are performing in life and business.  There are 30 questions in total.   We recommend you do this twice a year. It won’t take long, but it will help you look at ways to make your business and life better.  We also give you the questionnaire inside, so click here to access and enjoy this podcast.  Have a great day,  Andrew    PS - Early bird tickets are now available for our TOP Producers 2-Day Workshop in Canberra on 30-31 May.  It’s a smaller space and this event will fill out quickly so click here to book your ticket now.

"HOW TO CREATE WEALTH OFF YOUR FARM AND GENERATE MONEY WHILST YOU SLEEP”  “Don’t work for money, make it work for you” – Robert Kiyosaki   Transcription:   Andrew: Welcome to this podcast and we have a special guest on here today, Terry Tran. I want to firstly make sure you can hear me okay Terry?   Terry: I can Andrew.   Andrew: Welcome mate. Thank you very much for coming on board the ‘Profitable Farmer Podcast’, sharing your story and educating our farmers about investing and creating freedom and wealth off their farm.  Terry, let's just take a step back. I'd love to share with everyone how you and I met. I was trying to contemplate our first meeting. When was it? I think it was on a webinar that I ran? Would that be a fair assumption?   Terry: The very first time we met probably was on a webinar, because at that time, I know you were teaching people how to run webinars. You are my mentor on how to utilise the webinar platform, and over time I also attended a couple of the business live seminars

What would happen if you grew your business by 10x?   What would need to change?    Do you think it’s even possible?   What if you knew it was easier to 10x your business rather than 2x it?   In this week’s podcast Andrew will walk you through how to 10x your business.   He shares how he did it with his first business, and the steps you need to go through to achieve it.   In this podcast we explore: How 10x thinking is easier than 2x thinking. Why 10x thinking will break all previous beliefs holding you back. Why you need to let go and be very trusting to 10x. How to use leverage to scale your business up. The glue that ties everything together and why without it, it’s almost impossible to scale.   Enjoy this week’s free podcast.   FOA

Who sets the vision for your business?  Who is in charge of that? Is it clear who is in charge, and does this person have clarity on where your business is going? Is this person clear on their role, and are they good at enrolling the rest of the team towards this vision? In the episode, Andrew will help you:   Learn about the personality traits you need to run a business. Why you need a visionary and what this role is. Learn what separates small companies from larger companies. Why you need a clear vision to attract great people. Why it’s difficult to grow without a strong clear vision. Why you need high standards to run a great business. Why strong leaders play to win and go for what they want. Andrew will walk you through the below traits, which are all relevant to run a great business.  This was taught to Andrew from a mentor, Creel Price.  Creel built and sold a business for $110m and Andrew was fortunate to be in business with Creel for a year following this. Enjoy the podcast and p