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Top Secrets

RSS By: Top Producer Editors, Top Producer

We’re unlocking the mystery and getting inside the heads of Top Producer of the Year winners and finalists. Check out what they’ve learned along the way and tips that you might be able to incorporate into your own farm.

Chad Olsen

Jul 02, 2013

OlsenWhat 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.

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