Timothy’s book was released yesterday, December 1st is coined as “An entertaining and practical guide to getting through the day with less stress and better health”, from the host of the hit TV series A User's Guide to Cheating Death.
In this interview, Tracy and Timothy chat about some key highlights from the book including:
•Decisions
•The Three Paradoxes
•The book
We hope that you enjoy this interview as much as we enjoyed bringing it to you.
Thank You to our Show Sponsor: eK
Dec 2, 2020
33 min
In this week’s episode, Tracy speaks to Terry Betker from Backswath Management about “Strategic Borrowing”.
Tracy and Terry chat about:
- How farmers can be very traditional, if not a little passive, when it comes to borrowing money for their farm.
- How has the lending industry changed from then to now?
- They discuss how competitive the current market is amongst lenders, and the opportunity it holds for farmers.
- Strategic borrowing…so what does that really mean?
Tune in to this epi
Nov 25, 2020
1 hr 14 min
Terry is the President and CEO of Backswath Management Inc. Terry is recognized for his visionary and leading-edge contribution to farm management.
As a farmer, chances are, your farm has debt. So the question is. What is your relationship with debt? Are you using it as a tool or thinking of it as a burden? Is your debt appropriate to the amount of revenue on your farm? Answers to all these questions and much more can be found in this week’s episode. You will not want to miss this episode.
Nov 18, 2020
1 hr 19 min
There are many ways to increase your top and bottom line in farming.
It was our pleasure to have Dick on the show once again to share his wealth of information with our audience. In this episode, Tracy and Dick chat about; cash versus accrual accounting, tax vs. economic depreciation, cost vs market value balance sheet, deferred tax, why paying taxes is a GOOD THING TO DO, using models to optimize capital asset acquisitions and much more.
Nov 11, 2020
1 hr 2 min
In this week's episode, we speak to Michael Langemeier, about “The 8 Biggest Farm Financial Mistakes” that he sees farmers making.
Tracy and Michael chat about the biggest farm financial mistakes that farmers make. They cover everything from financial performance, the importance of cash, the difference between mitigating tax and optimizing profit, risk and return considerations when making decisions, important things to consider when making capital purchases, and much more.
Nov 4, 2020
52 min
Building on last week’s episode where we explored the goldmine of farm management resources that Farm Management Canada offers, we are now diving into two of their most recent studies that research the connection between a farmer’s business management skills and the effect that it has on their mental health.
Are you seeking higher profit and increased mental health on your farm? If so, you will not want to miss this episode.
Oct 28, 2020
1 hr 21 min
In this week's episode, we speak to Heather Watson, Executive Director of Farm Management Canada, about their goldmine of farm management resources.
Farm Management Canada is an award-winning, trusted management resource for farm business managers and others in the agriculture industry.
We invited Heather onto the show this week to share their goldmine of resources dedicated to helping farmers succeed at farm business management.
We hope you enjoy the episode.
Oct 21, 2020
45 min
The Naked Opus reveals a novel approach to estate planning— a more fulfilling, holistic, and purposeful way to pass your wealth onto your heirs and to ensure your wealth endures for generations to come.
We could not think of a better book to feature as part of our fall book series on The Impact Farming Show. With millions, if not billions, of farm assets needing to be transferred to the next generation, this book is the conversation that agriculture needs to be having.
Oct 14, 2020
56 min
Every Family’s Business challenges the idea that successful family businesses must keep family issues and business issues separate. Tom believes this separation is impossible and that most family businesses are set up from the beginning to fail because they attempt it. He offers a compelling argument for why families should be clear about when they'll sell the business and to whom. Families that are upfront and realistic about their goals for transitioning ownership of the company can avoid family conflic
Oct 7, 2020
38 min
In this week’s episode, we speak to Elaine about her book, “Farming’s In-Law Factor.”
What's the one thing that every farm family wants? It's simple; everyone wants harmony; however, it's not always the reality that we see on many farms. Unresolved in-law tensions can create chaos and split the farm. Elaine says that it's time to take the bull by the horns and solve the people conflicts on your farm.
Are you a daughter in-law, mother in-law, father in-law or son in-law? If so, don't miss this
Sep 30, 2020
44 min
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