“16 Things An Agripreneur Should Always Bear In Mind”

Nestor V Saludo shared this one on Facebook: “16 Things An Agripreneur Should Always Bear In Mind[1]" (21 June 2021, OnePropertee), written by Lubar De Los Reyes who is a multi-millionaire selling real estate online. That means he knows his business!

I find Mr De Los Reyes’ thoughts super, and I think PH youth wanting to become agripreneurs could learn from him, from each of:

16 Things An Agripreneur Should Always Bear In Mind

To keep this essay short, I am presenting Mr De Los Reyes’ “16 Things” in a shorter form (yet still word-for-word from his list):

1. Be passionate about your agri-business.

2. Talk to your customers. Know what they want.

3. Learning is a lifelong process. Remember that Agripreneurs are dealing with livestock, weather and environment. These affect everyday decisions.

4. Learn and master the art of costing.

5. Have a quarterly check on your finance.

6. Your farm products should meet the highest quality standards and exceed customer expectations.

7. Ask your customers for their feedback.

8. Always set a competitive price and be reasonable in your mark-up.

9. Never ever spend all your profits.

10. Give back to the community. Farming is sharing.

11. Pay your farm hands fairly and on time. They are the lifeblood of your farm.

12. Create and nurture your own brand.

13. Always update the inventory of your stocks and equipment.

14. Grow your business by learning new technologies, processes, innovations and create a wider network.

15. Opportunities are endless in farming and agriculture; always be on the lookout.

16. Love your farm. Love yourself. Love your farm hands.

Let me explain the 16 a little bit.

Be passionate. You’re not now, but don’t worry. Get to know more your would-be business and you will become passionate!

Talk to your prospective customers. Or anyone, about your ideas – you could learn a thing or two from them.

Learning is lifelong. Be prepared to learn & re-learn always.

Master the art of costing. You have to know if you are gaining or losing anytime!

Check your balance quarterly. Don’t guess!

Your products should be of the highest quality. Don’t settle for “Puede na!” (Good enough!)

Ask for feedback  from anyone, on anything.

Be competitive. Be reasonable in pricing your product(s).

Don’t spend all your earnings. Save, save, save!

Give back to the community. And the community will love you more.

Pay your workers fairly. And your workers will love you more.

Create & nurture your brand. You will then be known far and wide by the brand you keep.

Update your inventory. Know how much and how many you have anytime.

Learn new things. Like technologies, processes, innovations. You will learn more if you have a network of friends.

Be always on the lookout for opportunities. Don’t rest on your laurels.

Love one, love all. Love your farm, yourself, your people!

All those 16 things Mr Delos Reyes advises for an agripreneur to apply should also be applicable to any farmer who wants to improve his farmer’s life.@517

 


[1]https://onepropertee.com/16-agripreneur-bear-mind-topic?refId=jLKH9BdKEefRoc27C

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