Legacy Farmer The Podcast

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Join your host, Jace D. Young, as he leads you through the truth about being a Modern Day Farmer, Rancher, Entrepreneur, Married Spouse, and Parent.

Jace D. Young


    • Dec 19, 2024 LATEST EPISODE
    • weekly NEW EPISODES
    • 10m AVG DURATION
    • 359 EPISODES

    4.8 from 125 ratings Listeners of Legacy Farmer The Podcast that love the show mention: jace, operation, jason, audience, husband, point, lives, family, great work, great podcast, always, listen, good, like.


    Ivy Insights

    The Legacy Farmer Podcast is a valuable resource for anyone in the agricultural industry, offering advice and insights from experienced professionals like Jace. With over 20 years of experience at an agricultural bank, Jace's advice is accurate and relevant, and he understands the challenges that farmers face. The podcast provides resources and guidance to help farmers achieve their goals and live their best lives.

    One of the best aspects of this podcast is the real-life stories shared by Jason and his family. From their large cattle operation to their unfortunate loss of everything, these stories provide valuable lessons for listeners. Jason's personal experiences allow him to empathize with others who may be going through similar struggles, and he offers support and guidance to help them avoid similar situations.

    Another positive aspect of this podcast is Jace's delivery style. He tells it like it is without being demeaning, providing straightforward advice that is both thought-provoking and action-provoking. His cut-and-dry approach is refreshing and allows listeners to easily understand and apply the information shared in each episode.

    While there are many great aspects of this podcast, one potential downside could be the limited range of topics covered. The focus on agriculture and farming may limit its appeal to those outside of the industry. However, for individuals involved in farming or interested in learning more about it, this podcast is a valuable resource.

    In conclusion, The Legacy Farmer Podcast provides valuable insights, advice, and resources for individuals in the agricultural industry. With real-life stories and a straightforward delivery style, Jace offers guidance that can positively impact listeners' lives. Whether you're a farmer looking to improve your operation or someone interested in learning more about agriculture, this podcast is worth listening to.



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    Latest episodes from Legacy Farmer The Podcast

    E153 | Farmers, No One Is Coming to Save You

    Play Episode Listen Later Dec 19, 2024 11:10


    Today's episode hits on a tough truth: nobody is coming to save you. In this episode, I share a recent conversation with a farm owner feeling the pressure of tough decisions and past mistakes. We dig into why ego, fear of being exposed, and avoiding tough conversations hold people back—and how those same issues can sink a family operation. I also talk about my own experiences, the lessons I learned from my granddad's mistakes, and how I hit rock bottom before finally realizing it's on me to change. At Legacy Farmer, we're not here to save anyone. We're here to lead those ready to transform their business and their life. It's not easy, but it's worth it. Let's get into it. If you're ready to make a change and need guidance on where to start, we're here to help. Book a call with our team to discuss how we can support you at  https://www.legacyfarmer.com/?utm-source=Pod&utm-medium=Organic&utm-content=No-One-Is-Coming-to-Save-You&comet_source=Pod  

    E152 | Farmers: The Hard Truth About Getting What You Really Want

    Play Episode Listen Later Dec 12, 2024 9:48


    In this episode, I'm sharing a personal story that hits close to home. One of our family friends is facing the tough reality of closing her business, and it got me reflecting on my own journey. From the struggles I faced in my early entrepreneurial days to hitting rock bottom and feeling like a failure, I've been there. Here's the thing—sometimes, to figure out what we do want, we first have to go through the pain of learning what we don't want. God uses those tough moments to shape us, teach us, and prepare us for what's next. Whether you're walking through your own valley of challenges or just need a reminder that it's all part of the process, this episode is for you.  If you're ready to make a change and need guidance on where to start, we're here to help. Book a call with our team to discuss how we can support you at  https://www.legacyfarmer.com/?utm-source=Pod&utm-medium=Organic&utm-content=How-to-get-what-you-want&comet_source=Pod

    E151 | Sedating Away The Holidays

    Play Episode Listen Later Dec 5, 2024 7:16


    The holidays can be a challenging time, filled with pressure, expectations, and emotional weight that can feel overwhelming. In this episode, we dive deep into the ways we often try to escape—whether it's through alcohol, drugs, or other numbing distractions—and the toll it takes on our lives and relationships. I open up about my own struggles during a difficult period and share the lessons I learned about breaking free from the cycle of sedation. If you're feeling the heaviness of the season or worried about slipping into unhealthy habits, this episode is for you. If you're ready to make a change and need guidance on where to start, we're here to help. Book a call with our team to discuss how we can support you at  https://www.legacyfarmer.com/?utm-source=Pod&utm-medium=Organic&utm-content=Sedating-The-Holidays&

    E150 | The Wake-Up Call Every Farmer Needs to Hear

    Play Episode Listen Later Nov 21, 2024 8:46


    In this episode, I'm sharing what it's like to finally wake up and see the truth about the path I was on. For years, I followed the script society handed me, but it wasn't until I stepped back that I saw the lies holding me back. If you've ever questioned the direction of your life or business, this one's for you. Let's talk about breaking free and building something real. If you're ready to make a change and need guidance on where to start, we're here to help. Book a call with our team to discuss how we can support you at  https://www.legacyfarmer.com/?utm-source=Pod&utm-medium=Organic&utm-content=Wake-Up-Call&    

    E149 | God Does Not React, He Responds

    Play Episode Listen Later Nov 7, 2024 9:18


    In this episode, I dive into the difference between reacting and responding. Often, when we react, it's out of pure emotion—something triggers us, and we fire back without thinking, often leading to regrets and outcomes we don't want. But God doesn't react; He responds. Today, I'm breaking down how this principle applies in business, relationships, and life in general. By creating space and choosing to respond thoughtfully, we can make better decisions that align with our goals and values. Join me as I share personal stories and practical ways to shift from reaction to response in your everyday life. If you're ready to make a change and need guidance on where to start, we're here to help. Book a call with our team to discuss how we can support you at  https://legacyfarmer.com/apply?utm-source=Pod&utm-medium=Organic&utm-content=God-Does-Not-React-He-Responds  

    E148 | Harvesting Wisdom from Bad Decisions: The Lesson Every Farmer Needs to Hear

    Play Episode Listen Later Oct 31, 2024 7:49


    In this episode, I dive into the powerful lesson of turning bad decisions into wisdom. Reflecting on my own journey, I share how past mistakes don't have to be life sentences—they can actually help us grow. Join me as I talk about the importance of letting go, embracing God's purpose, and shifting our focus to the positive steps that move us forward. This is a lesson every farmer—and anyone who's ready to grow—needs to hear. If you're ready to make a change and need guidance on where to start, we're here to help. Book a call with our team to discuss how we can support you at  https://legacyfarmer.com/apply?utm-source=Pod&utm-medium=Organic&utm-content=Bad-Decisions-vs-Good-Decisions  

    E147 | Finding Hope in Today's Farming Challenges

    Play Episode Listen Later Oct 24, 2024 7:19


    It's no secret that American farmers are facing unprecedented challenges. With high interest rates, low grain prices, and many farms across the country going bankrupt, the struggle is extremely real. Today, I want to explore the gifts hidden beneath these life challenges. This topic has been weighing heavily on my mind, and if you're an American farmer who is currently feeling the strain—like many others—then this topic may resonate with you.   If you're ready to make a change and need guidance on where to start, we're here to help. Book a call with our team to discuss how we can support you at  https://legacyfarmer.com/apply?utm-source=Pod&utm-medium=Organic&utm-content=Finding-Gifts-Life-Challenges  

    E146 | Farm Stress Destroys Marriages: How To Save Both.

    Play Episode Listen Later Oct 17, 2024 11:06


    In this episode of the Legacy Farmer Podcast, I dive into a tough but important topic: Forgiving Your Spouse. Over the years, we've had countless farm families join Legacy Farmer, each dealing with their own set of challenges—financial, operational, and personal. Unfortunately, divorce has been a reality for some of them. Today, I'm sharing my own reflections after 11 years of marriage, the struggles Rachel and I faced, and the importance of forgiveness in making it through those hard times. If you're trying to juggle the chaos of running a farm, raising kids, and keeping your marriage strong, this one's for you. I'll talk about my own mistakes, how easy it is to compete with your spouse when things get tough, and why learning to forgive—both yourself and your partner—is key to not just surviving, but thriving together.   If you're ready to make a change and need guidance on where to start, we're here to help. Book a call with our team to discuss how we can support you at  https://legacyfarmer.com/apply?utm-source=Pod&utm-medium=Organic&utm-content=Save-Your-Marriage

    E145 | Are You Following the Voice of the Ego, or the Voice of God?

    Play Episode Listen Later Oct 10, 2024 9:10


    In this episode, I share my journey of connecting with God daily, reflecting on past mistakes, and exploring themes from A Course in Miracles. I discuss how our ego can create fear and hold us back from pursuing our true desires, often steering us away from God's guidance. I'll share personal experiences where listening to my ego led to tough decisions, and how embracing God's whispers has brought meaningful change in my life. Join me as we explore how to recognize when the ego is in control and how to trust in God's plan amidst uncertainty. If you're ready to make a change and need guidance on where to start, we're here to help. Book a call with our team to discuss how we can support you at  https://legacyfarmer.com/apply?utm-source=Pod&utm-medium=Organic&utm-content=Following-Ego-Or-God  

    E144 | Overcoming Guilt and Shame

    Play Episode Listen Later Oct 3, 2024 11:04


      In this episode of Legacy Farmer The Podcast, I want to talk about the guilt that blinds so many of us. I've seen it in our Legacy Farmer members, and I've lived it myself. After leaving banking, I carried guilt that nearly wrecked my marriage and mental health. It kept me from seeing the opportunities God had for me. I want to share how I finally let go of that guilt, trusted God's plan, and rebuilt my life. If you're feeling trapped by guilt, I hope this episode shows you there's always a way to rise above it. If you're ready to make a change and need guidance on where to start, we're here to help. Book a call with our team to discuss how we can support you at  https://legacyfarmer.com/apply?utm-source=Pod&utm-medium=Organic&utm-content=Overcoming-Guilt-Shame  

    E143 | God Created You To Create

    Play Episode Listen Later Sep 26, 2024 8:45


    In this episode of the Legacy Farmer Podcast, I dive into a message that's been hitting me hard lately: God created you to create. I've been intentional about connecting with God daily, and today, He reminded me that He put us here to act on the things He's calling us to do. I'll be sharing how fear, doubt, and ego can keep us stuck, and how trusting that small, quiet voice can lead to powerful changes not only in our lives but in the lives of those we love. If you've been feeling like you're meant for more but haven't taken that leap yet, this episode is for you. If you're ready to make a change and need guidance on where to start, we're here to help. Book a call with our team to discuss how we can support you at  https://legacyfarmer.com/apply?utm-source=Pod&utm-medium=Organic&utm-content=God-Created-You-To-Create  

    E142 | God's Long Game

    Play Episode Listen Later Sep 19, 2024 7:08


    In this episode of the Legacy Farmer Podcast, I dive into a topic that hits home for so many of us—impatience. As a business owner, I get it. We all want things to happen fast. But over the years, I've learned that chasing short-term wins can come at a big cost later on. I share my personal journey, from leaving the banking industry with nothing but uncertainty, to building Legacy Farmer, and the mistakes I made along the way by focusing on immediate results. Ultimately, there's only one game that matters—God's long game. If you're feeling the pressure to make things happen quickly, this episode will help you see the bigger picture and trust the process.   If you're ready to make a change and need guidance on where to start, we're here to help. Book a call with our team to discuss how we can support you at  https://legacyfarmer.com/apply?utm-source=Pod&utm-medium=Organic&utm-content=Gods-Long-Game

    E141 | The Rewards of God

    Play Episode Listen Later Sep 12, 2024 7:04


    In this episode, I dive into something that's become a cornerstone in my life—building a daily connection with God. Every morning, I take time to read, reflect, and journal, and it's made a huge impact on how I handle life's challenges. I talk about how being intentional with this practice has helped me find peace, especially during tough times, and how reframing struggles as rewards from God can bring a sense of clarity and calm. If you're looking for a way to reduce stress and find more purpose, this episode is for you. If you're ready to make a change and need guidance on where to start, we're here to help. Book a call with our team to discuss how we can support you at  https://legacyfarmer.com/apply?utm-source=Pod&utm-medium=Organic&utm-content=Rewards-of-God

    E140 | God's Leadership Through Painful Times

    Play Episode Listen Later Sep 5, 2024 10:57


    Ever felt like everything in your life was falling apart? I've definitely been there. In 2017, my family and I took a big leap, moving from Kansas to St. George, Utah, for what seemed like a promising opportunity. But just five months in, that opportunity disappeared, and we found ourselves back in Kansas, facing disappointment and uncertainty. During that tough time, I questioned everything—my choices, my path, my purpose. It felt like everything was crumbling around me. But it was in that dark moment that the idea for Legacy Farmer was born. In this episode, I'm sharing the story of how that painful experience sparked something transformative and led to the creation of Legacy Farmer. We'll talk about how life's challenges can sometimes be exactly what you need to find your true path. Trust me, you don't want to miss this one. Click to listen now! If you're ready to make a change and need guidance on where to start, we're here to help. Book a call with our team to discuss how we can support you at  https://legacyfarmer.com/apply?utm-source=Pod&utm-medium=Organic&utm-content=Gods-Leadership

    E138 | The Problems That We Prayed For

    Play Episode Listen Later Aug 22, 2024 8:29


    As business owners, we're constantly faced with challenges, but how often do we take action versus just complaining? In this episode, I dive into my personal journey from being stuck in a victim mentality to taking ownership of my life, business, and finances. I share how shifting my mindset led to real change and why many of the problems we face today are often the very things we once prayed for.  Tune in to hear about the shift from victim to victor, and how to roll with the punches that come with being in charge of your own success. If you're ready to make a change and need guidance on where to start, we're here to help. Book a call with our team to discuss how we can support you at https://legacyfarmer.com/apply?utm-source=Pod&utm-medium=Organic&utm-content=Problems-We-Prayed-For

    E137 | Your Stories Drive Your Reality

    Play Episode Listen Later Aug 15, 2024 9:31


    The stories we tell ourselves can shape our reality. In a recent Legacy Farmer live event, we uncovered a deep-rooted 35-year-old story about body image that was a major barrier for one member. In this episode, we dive into how these internal narratives affect not just personal confidence but also business success. If you're feeling stuck or unfulfilled, this episode offers practical advice on how to rewrite your story and transform your life. Tune in to discover how changing your internal dialogue can lead to real, lasting results.   If you're ready to make a change and need guidance on where to start, we're here to help. Book a call with our team to discuss how we can support you at https://meetings.hubspot.com/legacyfarmer/discovery-call?utm-source=Pod&utm-medium=Organic&utm-content=Stories-drive-reality

    E136 | The Challenges When A Family Farm Goes Under

    Play Episode Listen Later Aug 8, 2024 10:40


    In our latest podcast episode, I share a personal story about my family's experience when our farm operation went under almost 20 years ago. Financial instability shook my grandad's $10 million operation, and in the blink of an eye, everything he worked his entire life to build was gone. This tragedy is all too common, with many farms facing a similar fate every year. We explore the emotional stages, starting with denial, where my grandad lived in denial about the impending collapse, protecting his ego rather than facing the hard truth. The reality hit when the bank cut him off, and the impact on my dad is something I'll never forget. Tune in to hear about the challenges and emotional toll when a family farm goes under.

    E135 | When is Enough, Enough?

    Play Episode Listen Later Aug 1, 2024 9:09


    When Is Enough, Enough? Owning up to our actions, understanding the results we've created, and deciding where we want to go next can be incredibly challenging. This struggle is evident in many areas of life, including our body and fitness. Most people aren't satisfied with how they look and often postpone necessary changes, returning to their comfort zones. This pattern isn't unique to fitness—it's a common theme in various aspects of life. Reaching a breaking point or hitting rock bottom can be the catalyst for new action. So, where are you in your journey? Chances are, deep down, you know there are changes you need to make. You probably also understand the direction your current path will lead if you don't take action. In our latest podcast episode, we dive into the question: When is enough, enough? And when is it time to make a change? If you're ready to make a change and need guidance on where to start, we're here to help. Book a call with our team to discuss how we can support you at www.legacyfarmer.com.  

    E134 | The Great Transition of Every Business Owner

    Play Episode Listen Later Jul 18, 2024 10:49


    Whenever someone starts a business, and assumes all the risk, the very first thing they focus on acquiring is money. You can't be drowning and build an impactful business at the same time. The whole process is hard and unrelenting. Each new phase the business enters as it grows has its own set of challenges for the owner. If you are doing $1 million in revenue right now, you are not the same person you have to be to do $10 million. Eventually once the business becomes more stable you begin to see money as a tool.   Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org

    E133 | Perception is Everything

    Play Episode Listen Later Jul 11, 2024 9:23


    We all have different perceptions around things in our lives, at different points in our lives. You think different things about your parents as a teenager than you do when you are a parent yourself. The key to perception is challenging it. Is what you are seeing the truth, or, is your brain telling you a story, and influencing what you are seeing? Don't let false stories stop you from confronting the truth at the root of a situation. Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org

    E132 | The Greatest Destroyer of Wealth

    Play Episode Listen Later Jul 4, 2024 7:29


    The ego misleads, the numbers don't. Once you know your starting point and the decisions that got you there, you can start to build your way out. Only getting out of your comfort zone and making hard decisions will get you back to stability. The ego is what blocks the reality of the truth of knowing your numbers. Are you running your operation based off your ego or off the facts?   Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org

    E131 | Farms Only Advance Once in a Generation

    Play Episode Listen Later Jun 13, 2024 9:14


    Many of the older generation of farmers are set in their ways and reluctant to change. The members of the younger generation have to be willing to adapt and change with the world around them if they want their operation to survive. Once you have gotten an operation up and running and, most importantly, stable, you figure out your own way of doing things that works best for you. This makes the process personal and leads to the reluctance to give it up or embrace change when needed. Doing things our own way has a shelf life and won't last forever.   Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org

    E130 | How To Kill Financial Scarcity

    Play Episode Listen Later Jun 6, 2024 7:09


    This time of year can be extremely scary and stressful for people in the Ag Industry. It's a time with high bills and low income, which can cause people to panic and start to tell themselves stories that they aren't financially stable, when they really are. Knowing your numbers is the best way to alleviate all of that stress and worry. Without knowing your numbers, the stories will control you for the majority of the year. If you are listening to those stories, and living in scarcity, it is affecting all other aspects of your life, not just business.   Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org 

    E129 | Money Won't Solve The Real Issues

    Play Episode Listen Later May 30, 2024 8:05


    The farming and ranching industry has a very high suicide rate, and it's only gotten worse over the last decade or so. Many times we think that if we just had money it would solve our problems. What we don't realize is that the problems run far deeper than that and once the surface-level problem of money is gone, all we are left with is the deep, festering, real issues below it.     Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org 

    E128 | The Pits and the Peaks of Business

    Play Episode Listen Later May 16, 2024 10:08


    All business owners go through pits and peaks when starting and growing a business. It's very important to be able to recognize when you are in a bit and to not let yourself get stuck there. Our lives can be broken up into the 4 categories of body, being, balance, and business. Many times when the business is struggling it is one, or multiple, of the other categories pulling it down. Focusing on those other areas first can solve a lot of your problems without even touching the business. Taking action is key. Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org

    E127 | Stubborn on the Vision - Flexible on the Details

    Play Episode Listen Later Apr 25, 2024 9:52


    We all get into what we are doing to build something better for the next generation. We all have a vision on how we get to that point, and if things don't go exactly as planned, we can start to feel like a failure. Sometimes, we also have to reevaluate the path we are taking to make sure it's the most sustainable. Holding the goal of handing down a legacy is the most important, but you have to be flexible on how you get there. You also might have to be flexible on how exactly you hand down the legacy. What you have in mind might not be the best solution. If you know there are problems in the business, just take actions and get them fixed.   Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org 

    E126 | Financial Problems Lead to Real Problems

    Play Episode Listen Later Apr 18, 2024 12:43


    A lot of people like to tell themselves that once they fix their financial problems, everything will come together in their life. The issue is, once you fix the financial problems, all you are left with is the real problems. When it comes to solving financial problems, for some people it's quick, for others, it can take years. When you are trying to build something great with your life, it will come at the expense of those you hold closest. Be it your time, or energy spent with those people. It is a heavy price to pay. You are constantly sacrificing time WITH the people you love most, FOR the people you love most, even though it can feel wrong in the moment. As a father and husband, this will weigh on you. You should recognize the pain on both sides and understand what your family is going through as well.    Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org

    E125 | Leadership & Psychology

    Play Episode Listen Later Apr 11, 2024 9:40


    On the farm there is usually a massive disconnect between leadership, and just telling people what to do. When you are telling people what to do you are just managing them, you aren't teaching, building them, or growing them, like you would if you were leading. Leadership means leading people to become better versions of themselves. It's important to lead your team members because they will come up against things they weren't trained for and that you, yourself may not have come up against. Without your leadership, and helping them grow, they'll just come to you for every issue rather than coming up with a solution themselves. You don't want every small decision going through you.   Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org 

    E124 | Seekers vs. Hiders

    Play Episode Listen Later Apr 4, 2024 10:18


    There are times in our lives where we do take risks, but on the flip side, we must understand when to hold fast and protect what we have. Seekers take on unmanaged risk and always swing for the fences. Which is fine as long as you are considering all the 1st, 2nd, and 3rd order consequences that come with failure. Hiders are risk averse and avoid it at all costs. This is also fine as long as it's managed and not all consuming. When you are the one that has built up the assets, you are much less likely to risk them. Risk is much more a young man's game, and with age comes the hiding and preservation. Balance is key.   Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org 

    E123 | Flying Blind

    Play Episode Listen Later Mar 28, 2024 11:51


    Right now, because of the economy, both people in the Ag industry and banks are getting apprehensive about taking out, and loaning out, money. Many people are trying to figure out how to recover from poor financial decisions they made back during the pandemic because borrowing money was easy. Greed drove both the banks and farmers to make poor decisions over the last few years. Our Farmer Metrics software is a great pattern interrupter to get you making decisions based on your numbers and not just on the feelings of what you want. Each year that you go through the cycle of making uninformed decisions it gets harder and harder.   Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org 

    E122 | Avoiding the Truth Will Only Prolong the Inevitable

    Play Episode Listen Later Mar 21, 2024 11:51


    Everyone hates hearing the truth when it's something they don't want to hear. We hate feeling exposed and having our faults pointed out. This is especially true when talking about finances. We don't want to fail our business financially, and we especially don't want to fail our family financially. But, we live in a world of reality and ignoring the truth won't help us improve ourselves or fix our problems. The longer you avoid the truth, the more you are prolonging the inevitable, and the more painful those lessons will be to learn.  Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org

    E121 | Focus on Singles

    Play Episode Listen Later Mar 14, 2024 7:33


    Sometimes it can feel like all your neighbors in the Ag industry are constantly growing and expanding their operations. It may look good from the outside but the majority of them do not know their numbers and are guessing with each decision they make. Even if you put together an annual cash flow projection, neither you nor your banker are looking at that again after you create it. In Legacy Farmer, we update those projections every month. When times are uncertain, like they are right now, your goal should be to hit singles, not home runs. Just hit a single and survive.  Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org

    E120 | Zero Percent Financing Is Not Always The Answer

    Play Episode Listen Later Feb 22, 2024 10:46


    Zero percent financing is very enticing, it makes you think you'll save a ton of money, but it's injecting the opportunity to fail for the year. It lulls you into a false sense of security, feeling like the bank account is full and you don't need to be as careful with your spending. If you aren't religiously tracking your numbers you wouldn't even see the dangers coming until it is too late. It is often best to keep things simple and remove all the complexity to keep things running smoothly.    Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org 

    E119 | The Unknown Dangers Lurking Below The Surface

    Play Episode Listen Later Feb 15, 2024 12:22


    When you have a son or daughter come back to the family operation, are you setting them up for success, or failure? Are you dropping them in the deep-end with oppressive amounts of debt and no knowledge of how the business works? Or are you giving them space to make small mistakes and learn what they need to know to be successful later down the road? Wanting to help your kids is a great thing, but saddling them with $500K to $1M debt, and no understanding of the significance of that money, isn't the way to help.   Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org 

    E118 | The Gap Between Farmers and Bankers

    Play Episode Listen Later Feb 8, 2024 10:06


    So many of our members in the Ag industry share the same problems, no matter where they are in the country. One issue that arises most often is dealing with bankers. There are issues with farmers not knowing their numbers, but there are equal and opposite issues with bankers not fully understanding the Ag business. You have to be on top of your numbers so you can give your banker the information they need to not question you, and know you are a great customer.   Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org 

    E117 | Manufactured Pressure

    Play Episode Listen Later Feb 1, 2024 9:20


    When you have a safe job, you get comfortable. This is stagnation, and you can use manufactured pressure to motivate and push yourself. The most successful people can generate the discomfort they need to stay motivated and get themselves moving. Once your business becomes stable you can unnecessarily and accidentally revert back to this mindset and make things harder than they need to be, this is called the “build and burn.” The key to this is finding a balance.   Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org 

    E116 | The Price of Leadership

    Play Episode Listen Later Jan 25, 2024 7:54


    Everyone wants to sit in the leadership position and reap all the benefits that come with it, but no one wants the price of making hard decisions that come with weight, backlash, and impact on others. These decisions also raise your awareness. You can now see the impact of not only your decisions but the impact of all the decisions of your team members. This awareness is most sensitive when their decisions affect you.   Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org 

    E115 | Will You Die On This Hill?

    Play Episode Listen Later Oct 5, 2023 6:47


    The number of hills you should be willing to die on in business shouldn't be that many. So many things we think we need to fight to the death for, just really aren't worth it. When we run up against a challenge, it's important to ask ourselves if it's a hill worth dying on, or if it wont even matter in a few hours, days, or weeks. Asking yourself this question also stops meaningless issues from stealing your time and energy.   Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org

    E114 | Nobody Is Coming to Save You

    Play Episode Listen Later Sep 14, 2023 10:49


    When you go out on your own and start your own business you completely remove any safety net and you are completely responsible for yourself and your family. There are farmers in their 50's and 60's that are still expecting their fathers in their 80's and 90's to save them. If you are still looking for someone to save you, you need to recognize that all the power and growth is found when you accept that no one is coming to save you.  Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org

    E113 | Incentives Drive Results

    Play Episode Listen Later Sep 7, 2023 7:20


    It's common to hear farmers say that it's hard to find good help. The truth of the matter is that they don't have the correct incentives set up to draw in the right people. If you do have a solid team in place, it is important to ask them what incentives they want to help drive up their productivity and efficiency. Incentives completely depend on the person. Some people want money, some want shorter working hours, the list is endless.  Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org

    E112 | No Structure Can Stand For Long When It Rots from Within

    Play Episode Listen Later Aug 31, 2023 9:32


    Not knowing your numbers, poor leadership, deterioration of relationships at home, are all great ways to rot your operation to the core. You can't kick the big issues down the road and hope that they'll just go away. They won't, and the longer you do, the more painful it'll be when you finally face reality. These issues and rot can even be seen in the banking industry, and it's important for you to understand that when going in for a loan.   Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org 

    E111 | Make A Decision

    Play Episode Listen Later Aug 24, 2023 8:13


    You need to make a decision or the universe will decide for you. The longer you avoid handling problems or challenges, the more you'll pay for them later on when you finally decide to take care of them. The consequences later will always outweigh the price of taking action today.     Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org 

    E110 | You Can't Rush God's Timing

    Play Episode Listen Later Aug 17, 2023 9:13


    As we approach the 7 year anniversary of my decision to leave the banking industry and go out on my own, I reflect on the greatest lesson I have learned. Have patience and trust God's process. When things don't go the way we expect, it is very easy to get sucked into the worry spiral. Every time things get rough, God always opens another door that we didn't even know was there. We are all impatient and try to rush things when God just wants us to slow down and trust his timing.  Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org

    E109 | Who Will Suffer Because You Are Unwilling

    Play Episode Listen Later Aug 10, 2023 8:15


    Sometimes, in business and life, there are doors we need to walk through that require a massive amount of courage. Some people get stuck behind those doors for decades, out of fear of stepping through them. When we attach all of those feelings to a driving force, it becomes much easier to generate the courage needed to do what needs to be done. Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org

    E108 | Price versus Value

    Play Episode Listen Later Aug 3, 2023 15:44


    There are 2 kinds of people in this world, one that makes decisions only based on price, and one that decides based on value. Those that decide only on price are stuck in a world of scarcity and will never be able to move beyond it. Those that focus on value can see the dividends paid out over years and even decades.   Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org

    E107 | This Year Versus Next Year

    Play Episode Listen Later Jul 27, 2023 7:44


    Hope is not a strategy, knowing your numbers is all that matters. This will give you confidence in all your decision making. When working with our accounting arm of the business one of our members was ecstatic to find out that he would have his numbers available to him this year rather than next year, which allows for a level of planning that he has never had before. It allows you to be proactive rather than reactive. Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org

    E106 | Profits Are Found in Efficiency, Not Chaos

    Play Episode Listen Later Jul 20, 2023 13:39


    When you look at your business do you see chaos, or do you see a well-oiled machine? Chances are it's chaos, and chaos leads to burn out. Business structure, clean books, loan management, tax strategy, and cash-flow management all counter the chaos and burn out. If you have chaos in your business life, chances are it has spread throughout all areas of your life.     Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org   

    E105 | When Your Banker Oversteps

    Play Episode Listen Later Jul 13, 2023 7:44


    Some bankers want to control every single transaction happening on their line of credit. I once witnessed a banker decline money for an air conditioner in the middle of summer in Kansas, and it shook me to my core. As a customer, you need to be ready to fight those battles and justify any spending you see fit. You must always be armed with the right information to challenge them and push back. Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org

    E104 | Financial Confidence

    Play Episode Listen Later Jul 6, 2023 10:37


    It is so important to know how the decisions you make today will affect your operation later on, down the road, and the only way to know that is by knowing your numbers. Our Farmer Metrics software has given our members a level of understanding and confidence in their numbers that they have never had before. We need to be looking at our numbers far more often than once a year.  Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org

    E103 | It's Not My Problem to Solve

    Play Episode Listen Later Jun 29, 2023 6:51


    Most of us in the Ag community were raised to be kind, giving, helpful, and that you shouldn't expect anything in return. This is great until you end up spending a ton of time working for free on the family farm to help family out. They have created the problems that they need help with, but it is not your problem to solve them. It's hard to say “no” but you need to protect the time you have on this planet to accomplish what you want.   Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org   

    E102 | 1 Step Forward 20 Steps Back

    Play Episode Listen Later Jun 22, 2023 12:25


    We can all learn from other people's mistakes without having to make them ourselves. We have had so many members have one bad year that they end up paying for over the next 3, 7, or even 20 years, without even realizing that is what they are doing. This is exactly what you are doing by terming-out your losses from one bad year over multiple years.    Check out the Impact Legacy Farmer is having on the American Farmer here:  www.legacyfarmer.org   

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