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Advice please
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FarmOR
Posted 2/4/2017 07:31 (#5815555 - in reply to #5811608)
Subject: RE: Advice please



Eastern Oregon
Reading this site. I call it ag talk university. Don't stop at the current events, you can search the archives and learn a lot.

I try to learn from everyone I meet. Almost all of my neighbors had a leg up with inheritance. Notwithstanding, some are excellent managers. But my best examples are the very few that started with nothing. One example started with nothing and today is worth tens of millions.

In order to learn from people like that, you have to know what questions to ask. Read books on the subject matter that you are lacking.

Like others, I had the good "fortune" of working for corporate America for decades. One company in particular had quarterly meeting and shared an extraordinary amount of data. Those meetings were business 101. That lead to fundamental acronym analysis, which led to stocks valuation and greater business learning.

You can't manage what you can't measure. A good start is looking at some of your fundamentals like ROI. Compare that to others and get more sophisticated from there.
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