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16 Things an Agripreneur should always bear in mind
16 Things an Agripreneur should always bear in mind
1. Be passionate about your agri-business. Pursue it like you are pursuing your dreams.
2. Talk to your customers. Know what they want. Find ways on how you can deliver to them.
3. Learning is a lifelong process. Whatever is effective today might not be effective tomorrow. Remember that Agripreneurs are dealing with livestock, weather and environment. These factors affect your everyday decisions.
4. Learn and master the art of costing. Compute. Take into consideration labor, capital, and land. Do not sow that seed without you knowing the cost to harvest it.
5. Have a quarterly check on your finance. You should always keep tabs if you are making or losing money.
6. Your farm products should meet the highest quality standards and exceed customer expectations.
7. Ask your customers for their feedback. It’s a weapon that you can use to improve your farm.
8. Always set a competitive price and be reasonable in your mark-up.
9. Never ever spend all your profits. Save, save, save. Make sure to reinvest in your farm for its improvements and efficiency.
10. Give back to the community. Farming is sharing.
11. Pay your farm hands fairly and on time. They are the lifeblood of your farm.
12. Creating and nurturing your own brand will put your business in a better position and at an advantage over your competition.
13. Always have an updated inventory of your stocks and equipment. This could spell a big difference on your operations in the long run.
14. Grow your business by learning new technologies, processes, innovations and create a wider network. Never settle and never ever be idle.
15. Opportunities are endless in farming and agriculture; it is advisable that you are always on the lookout. Your customers are key here; listen to what they are telling you.
16. Love your farm. Love yourself. Love your farm hands.
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