Introduction to Farm Success and Identifying Key Expenses
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How I Actually Make a Living Farming! Most Ignore this Opportunity!
What happens here
The presenter, Josh, known as Stoney Ridge Farmer, introduces the concept of 'Farm Success' visualized as a wheel with spokes. He emphasizes that 'Time' is the biggest, non-replenishable expense on a farm. He then lists traditional farm cost inputs such as machines, buildings, roads, and fuel, highlighting that these can be purchased or maintained, unlike time. He shares his personal journey of building his 150-acre farm in North Carolina from scratch over 13 years, transforming neglected land (formerly a tobacco farm and forested areas) into productive fields and infrastructure.
Goal: Understand the foundational principles of farm success and major cost inputs
Tools and materials
- Chainsaw Stihl — Cutting down trees for land clearing
- Dry Erase Marker — Writing down key concepts and drawing the 'Farm Success' wheel
- Heavy Machinery — Clearing land, construction, and general farm maintenance
- Portable Sawmill Woodmizer — Milling logs into lumber for construction
- Whiteboard — Illustrating concepts of farm success, expenses, and income