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Dougherty, IA | I understand your frustrations. I am a young guy who would like to make a go full time sooner, rather than later.
But, financially your operation should be better off if you work off the farm. You need outside capital to help grow your operation's pie by investing in land, hog buildings, cattle herd, sprayer, custom equipment, etc. If you work on farm you are just taking a slice of the pie, rather than growing it. At this stage in your life you need to live in your wife's income and save your income. Take 50k of your income for 5 years and being that 250k into the operation to invest in it to make it better, rather come into the operation with your hand out.
This model sucks for a while, I am there, but in the long term it is what makes the best operations go. Far too many "hired hand" kids around here just working for wages waiting for mom and dad to die. Go out and make money to make it happen for yourself, you will be far better off. | |
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