funny thing is making a profit can enterfare with living.if you borrow to much
How do YOU define agricultural success?
- Thread starter holwellcourtfarm
- Start date
- Location
- Glen Clova, Angus, DD8 4RD
One has to qualify that as short term or long term.
Surely the definition of long term sustainability is that you could continue to follow your methods indefinitely without the system collapsing (ecological, financial, social). On that basis very few of us are farming sustainably I suspect.
- Location
- NSW, Newstralya
One has to qualify that as short term or long term.
Surely the definition of long term sustainability is that you could continue to follow your methods indefinitely without the system collapsing (ecological, financial, social). On that basis very few of us are farming sustainably I suspect.
I don't believe current agricultural systems of any type are ultimately sustainable in the long term . . .
2wheels
Member
- Location
- aberdeenshire
2wheels
Member
- Location
- aberdeenshire
yes but if you have no one coming after you there is no point hanging in till the grim death.
Scholsey
Member
- Location
- Herefordshire
Being happy whilst you farm and happy when you finish, profit/assets have nothing to do with success.
apparently everything we know it is ultimately not sustainable in the very long term so best not lose to much sleep over it
Remember the gaffa tape salesman, 'in the end everything is temporary, so you may as well use gaffa tape anyway'
4course
Member
- Location
- north yorks
reckon you need to broaden your acquaintance base cos most must be miserable buggers( ho ho )
Scholsey
Member
- Location
- Herefordshire
and even if you have if they are just going to sell it or flutter it away you might as well have not bothered and spent it all yourself!
holywell farmer
Member
- Location
- holywell, north wales
Making a profit
blacksheepcontracting
Member
- Location
- Ceredigion, Wales
In the short term, paying the mortgage
In the long term running a tight ship with plenty of family time
In the long term running a tight ship with plenty of family time
- Location
- Bay of Plenty NZ
Are you sure profits have nothing to do with success? I agree being happy whilst farming is important, but I for one am generally happier when making a profit than I am when making a loss and I have done both.
You are both time and financially rich then ?
I do know a few that fit in that category but it’s usualy via inheritance which makes them very uninteresting, boring and unimaginative people
Daniel Larn
Member
Having the business grow year on year, seeing the good result of hard work is everything.
- Location
- roe valley
My father and I lost around £500k over a 2 year period on several bulding projects. Before that we played at the property game making strong money at the time. In the aftermath we are all happier that we can now do what we want when we want. Money has zero factor in it. Yeah when times were good they were great no doubt, but we never had an opportunity to enjoy it as everything was all re invested. My business partner lost around £21million of his own money (not borrowed money) he's happier now than he ever was, fact!! He gets up in the morning does a few deals, plays golf, has 4 or 5 holidays a year, goes for coffee, looks after his wife who had a severe stroke in the middle of it and is now full time in a wheelchair.
Success. Weathered the storm come out the other side bit battered and bruised, still here, still better off than we started, now doing our thing on our terms.
The thing with storms is you don’t really know how big or how long they are until you get out the other side, some people love ‘em some just go round and take longer!
Hilly
Member
- Location
- Scottish Borders.
This is 100% the correct answer, very few truly ever achieve this.
4course
Member
- Location
- north yorks
unfortunately not financially rich or time rich but family and friend rich