10 Mistakes People Make When Entering The Farming Space
Here are 10 Mistakes People Make When Entering The Farming Space 1. Building a mansion at the farm. You do not need a fancy house when starting your farming enterprise unless you intend to set up an unproductive rural home. Let business lead not comfort and pride to show off on Facebook. 2. Starting big without experience. Everything starts small. Starting small is not a weakness but a strategy. There are too many advantages of starting small. 3. Producing without the market. It’s safer to ‘produce for the market, than to market the produce’. That’s one of the advantages of starting small. Let the real customer guide you. The market is your greatest teacher. 4. Working on assumptions. Untested assumptions are very costly. Never put a big budget on assumptions. Thank me later! 5. Hiring unqualified and nearest people. Only a fool will entrust a $20k investment in the hands of an uneducated relative or some cheap guy or an illiterate couple desperately looking for a place to stay. I...
