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<blockquote data-quote="Dave645" data-source="post: 7564236" data-attributes="member: 55822"><p>A Wide open question, ok land and housing, if your lucky you know a farmer and they let you have a bit cheap or a small field comes up for sale I would start with sheep because you can handle them and they are less likely to kill you if you try to handle them without the proper equipment, then you need some basic shelter when lambing time comes up, some hay and straw if your fodder runs out and some form of lambing shed, then there is the sheep, ideally numbers by your ability to feed them from the grazing you can beg borrow or rent, cheaply.</p><p>Transport again either borrow or have someone that will transport them for you.</p><p>there are a million other little things that I skimmed over, and I didn’t talk about profit or cost,</p><p></p><p>this is why farming gets very few new farmers, especially ones that get no help from existing farmers or have jobs but start up as a side line.</p><p>It is possible to start up in all those animal enterprises, but the costs will vary widely and the amount of time until you make a living from it will vary vastly, a lot of first generation farms, spend all there time investing and expanding to get to the point where the profit levels and work load start to make sense, without a second job, but the better ones try for the full profit, ie sell to the public. But that comes with costs and regulations all of there own. </p><p>so the right question would be how many years until I can become a full time farmer if I build up from zero.</p><p>There will be people on here that may give you a clue on that and tell you how hard it is to start up.</p><p></p><p>my guess is very few first generation farmers give up the day job fully. It’s more a transition to self employed and contracting to local farmers, over time. The farm will eat your profits as you put them back in, to expand and get equipment as and when you can. Be it second hand from farm sales or new land or buildings.</p><p>So to answer you, as much money as you have, and shed loads of your time. And likely your lifetime to get setup to resemble a small farmer, only for the next generation to do the same, make a living, while keeping on top of maintenance if they are doing it right.</p><p>the secret is find the right work life balance, and living modestly within your means, For a happy life.</p><p>And be a business man about farming but also don’t go down the Rabbit hole of counting every penny to work out every profit or loss exactly, at least not every day, but an annual review is good business. Variation in markets can make profits vary yearly but farming means your in it for the long haul, so while you need an eye of costs and profits to increase your chances of profits is good, it will not protect you from loses entirely, a dead animal is a dead animal there is no profit in that.</p></blockquote><p></p>
[QUOTE="Dave645, post: 7564236, member: 55822"] A Wide open question, ok land and housing, if your lucky you know a farmer and they let you have a bit cheap or a small field comes up for sale I would start with sheep because you can handle them and they are less likely to kill you if you try to handle them without the proper equipment, then you need some basic shelter when lambing time comes up, some hay and straw if your fodder runs out and some form of lambing shed, then there is the sheep, ideally numbers by your ability to feed them from the grazing you can beg borrow or rent, cheaply. Transport again either borrow or have someone that will transport them for you. there are a million other little things that I skimmed over, and I didn’t talk about profit or cost, this is why farming gets very few new farmers, especially ones that get no help from existing farmers or have jobs but start up as a side line. It is possible to start up in all those animal enterprises, but the costs will vary widely and the amount of time until you make a living from it will vary vastly, a lot of first generation farms, spend all there time investing and expanding to get to the point where the profit levels and work load start to make sense, without a second job, but the better ones try for the full profit, ie sell to the public. But that comes with costs and regulations all of there own. so the right question would be how many years until I can become a full time farmer if I build up from zero. There will be people on here that may give you a clue on that and tell you how hard it is to start up. my guess is very few first generation farmers give up the day job fully. It’s more a transition to self employed and contracting to local farmers, over time. The farm will eat your profits as you put them back in, to expand and get equipment as and when you can. Be it second hand from farm sales or new land or buildings. So to answer you, as much money as you have, and shed loads of your time. And likely your lifetime to get setup to resemble a small farmer, only for the next generation to do the same, make a living, while keeping on top of maintenance if they are doing it right. the secret is find the right work life balance, and living modestly within your means, For a happy life. And be a business man about farming but also don’t go down the Rabbit hole of counting every penny to work out every profit or loss exactly, at least not every day, but an annual review is good business. Variation in markets can make profits vary yearly but farming means your in it for the long haul, so while you need an eye of costs and profits to increase your chances of profits is good, it will not protect you from loses entirely, a dead animal is a dead animal there is no profit in that. [/QUOTE]
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