Taylor Ferguson
👤 PersonAppearances Over Time
Podcast Appearances
Josh was mentioned like 700 times. I mean, I'm exaggerating, but our listeners are familiar with that. They certainly know that we preach that. You've got to run this farm like a business, and most businesses understand their cost of production, so you need to know what that is too. Understanding living expenses.
Probably one of the biggest struggles I had when I was a banker is getting my customers to – not only divulge what their living expenses were, but demonstrate that they accurately knew what their living expenses were. Seems like a tough one to get a hand. Someone with base hits and doubles, don't worry about your home runs, but be ready to hit a fastball right over the plate.
Probably one of the biggest struggles I had when I was a banker is getting my customers to – not only divulge what their living expenses were, but demonstrate that they accurately knew what their living expenses were. Seems like a tough one to get a hand. Someone with base hits and doubles, don't worry about your home runs, but be ready to hit a fastball right over the plate.
Probably one of the biggest struggles I had when I was a banker is getting my customers to – not only divulge what their living expenses were, but demonstrate that they accurately knew what their living expenses were. Seems like a tough one to get a hand. Someone with base hits and doubles, don't worry about your home runs, but be ready to hit a fastball right over the plate.
So if it's going to give you an opportunity, you need to be ready to take it. Don't just be watching pitches go by. Sell unused assets. Not necessarily a rosy thing to do, but this is your time to look at your your portfolio, as well as maybe you need some off-farm income. That was just five or six, two, four, six, seven of the things that I had saw.
So if it's going to give you an opportunity, you need to be ready to take it. Don't just be watching pitches go by. Sell unused assets. Not necessarily a rosy thing to do, but this is your time to look at your your portfolio, as well as maybe you need some off-farm income. That was just five or six, two, four, six, seven of the things that I had saw.
So if it's going to give you an opportunity, you need to be ready to take it. Don't just be watching pitches go by. Sell unused assets. Not necessarily a rosy thing to do, but this is your time to look at your your portfolio, as well as maybe you need some off-farm income. That was just five or six, two, four, six, seven of the things that I had saw.
Yeah, it is. You can't take debt off the books without converting an asset to cash.
Yeah, it is. You can't take debt off the books without converting an asset to cash.
Yeah, it is. You can't take debt off the books without converting an asset to cash.
Everybody's going to be different. If you are comfortable with the belief system that you have and you've got a piece of ground that you're willing to cut bait with and sell because you feel that the price of land is going to remain steady longer than the price of corn with the opportunity to go up, Follow your belief system. Take and trust your advisory board.
Everybody's going to be different. If you are comfortable with the belief system that you have and you've got a piece of ground that you're willing to cut bait with and sell because you feel that the price of land is going to remain steady longer than the price of corn with the opportunity to go up, Follow your belief system. Take and trust your advisory board.
Everybody's going to be different. If you are comfortable with the belief system that you have and you've got a piece of ground that you're willing to cut bait with and sell because you feel that the price of land is going to remain steady longer than the price of corn with the opportunity to go up, Follow your belief system. Take and trust your advisory board.
If it's the opposite, you believe land is still the place to park your money and hang on to it, I wouldn't sell your farm. I'd cut bait on the crop that you have and go that route.
If it's the opposite, you believe land is still the place to park your money and hang on to it, I wouldn't sell your farm. I'd cut bait on the crop that you have and go that route.
If it's the opposite, you believe land is still the place to park your money and hang on to it, I wouldn't sell your farm. I'd cut bait on the crop that you have and go that route.
Yeah. Well, I just got one question left for him, unless you guys have more to pepper him with. We'll try to wrap up every one of our episodes to put a compilation show together with the same question. The question we've been asking our guests right now to provide some perspective and help our listeners is how have you juggled work and personal life?
Yeah. Well, I just got one question left for him, unless you guys have more to pepper him with. We'll try to wrap up every one of our episodes to put a compilation show together with the same question. The question we've been asking our guests right now to provide some perspective and help our listeners is how have you juggled work and personal life?
Yeah. Well, I just got one question left for him, unless you guys have more to pepper him with. We'll try to wrap up every one of our episodes to put a compilation show together with the same question. The question we've been asking our guests right now to provide some perspective and help our listeners is how have you juggled work and personal life?
I like that. I think he's the first one that said priority. Use that terminology. And I love framing this question up. It's not meant to make any of our guests feel bad. That's why I don't use the word balance. I don't like it. But we're going to learn a lot and be able to compile, I think, some pretty good messages to let those that feel like it's not juggled properly know.