Last year one of my friends' kids started up a "environmental consulting" business. He runs it out of a shop on the farm. He has like a degree in environmental science or something.
My friend is what would be considered a "large grain producer"...for this area...about 1500 acres. Maybe another couple hundred in export timothy.
Last week I saw him out on a lease. He told me he had got the crop in, but it would be the last one he put in! He now works with his kid in the "enviro" business!
I asked him what gives? He told me' When the kid can make five times as much money as the farm...well what can you say? I'll let someone else farm it!
Now this is a guy who doesn't need the money. The people who diversify into another business usually don't need the money...they just are good business men!
They go where the money is!
My friend is what would be considered a "large grain producer"...for this area...about 1500 acres. Maybe another couple hundred in export timothy.
Last week I saw him out on a lease. He told me he had got the crop in, but it would be the last one he put in! He now works with his kid in the "enviro" business!
I asked him what gives? He told me' When the kid can make five times as much money as the farm...well what can you say? I'll let someone else farm it!
Now this is a guy who doesn't need the money. The people who diversify into another business usually don't need the money...they just are good business men!
They go where the money is!
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