Daily Trust Sunday

5 things that will make your farming business successful

- By Vincent A. Yusuf

Successful farming and agribusine­ss operations require more than just financial resources. You must be aware of your current situation and plan for the future. While every farm is different, there are several essential characteri­stics that set successful farms apart from those that are not.

Patience

There is a process in every procedure, and business is not different. Be patient, nothing good or successful happens overnight. It takes time to develop, so give your company plenty of time to learn about it, comprehend it, and allow it to expand gradually.

Patience is one of the four pillars of entreprene­urship, along with persistenc­e, perseveran­ce and passion. For any farmer, the correct degree of patience enables him or her to make prudent decisions to be emotionall­y detached from their choices, and to support their choices with reasoning and evidence.

Consistenc­y

As a farmer or business owner in the agricultur­al industry, it is critical that you maintain consistenc­y in the kind of product or service you offer. The quality of the goods you are selling extends to operationa­l details like opening hours. Follow through on that. When do you close for the day? Be consistent with that, as well as with your processes and procedures so that your customers know what to expect when they visit your shop, business or farm.

Hard work

There is no shortcut around hard work. You need to work hard when you sit down every evening and strategise about your business. You must put in the effort, give your business everything you have got and never sleep like you have nothing to lose. Ask yourself what you can possibly accomplish and what you can change in this situation, in your opinion. Have a daily plan for your company, but even if it is only to keep things going or on an annual basis, put all of your efforts into it and you will watch your company flourish.

Get connected

Who you know can also help you get forward in the farming business. Keeping in touch may assist you in staying on top of market trends. One way is to network with other farms, associatio­ns and groups, but another is to interact with specialist­s through many platforms, including the social media. There are numerous places where you may learn more about your clients, their needs and other interestin­g business advancemen­ts. Make sure that you are present to learn such best ways.

Stay tech savvy

Technology is creating new opportunit­ies. As a result, it is critical to become acquainted with your smart-phone, apps, websites and other internet resources. They can make your life easier and your business run more smoothly.

 ?? ?? A rice farm ready for harvest
A rice farm ready for harvest

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