Jul 02, 2013
What do you know now that you wish you knew 30 years ago?
If the clock turned back and I were to start fresh again, I would put more emphasis on more accurate bookkeeping. It’s a key element in our operations today. Back then, I just wanted to be in a tractor and figured things would just work out. I learned the hard way that it’s an absolute must when trying to develop a partnership type of relationship with your banker. Sometimes I had to sell some grain because I needed a buck even though I knew there would be a better time to sell in the future, but I didn’t have a good enough relationship with my banker at the time because of my lack of record keeping. If I could go back in time, I would have been more profitable in my early years had I dedicated myself to more time at a desk.