Strategic Planning for Your Farm

by Kim Lang March 1, 2010

dHeffta64 Having a successful farming operation all starts with having a plan.  And there's a little more to devising that plan than you might think.  Dean Heffta talks with KRVN's Ken Rahjes about the strategery.....um......strategy behind a strategic plan.  Listen in.  March 1 2010 Strategic Planning for Your Farm - Heffta.mp3 (3.23 mb)

Here's a tool to help you start your strategic plan: Strategic Plan.pdf

Bring the Right People Around Your Campfire

by Kim Lang February 22, 2010

dHeffta64 Agriculture is so diverse and changing so quickly that it's difficult for a very successful producer to be an expert in all of the elements of the business.  As you build, it's important to grow a network of advisors to help you along the way.  Our Dean Heffta talks with KRVN's Ken Rahjes about who you should have around your campfire, and how to go about starting this process of growth and development.  

February 22 2010 Whos Around Your Campfire - Heffta.mp3 (2.01 mb)

Come and See Us at Commodity Classic in Anaheim

by Kim Lang February 18, 2010

If you're coming to the Commodity Classic, you'll want to make sure to mark this session on your program.  At 1:30 on Saturday, March 6th, there's a panel discussion titled Controlling What You Can Control.  Arlan Suderman from Farm Futures Magazine told me that farmers come out in droves to attend an outlook seminar.  And he knows, because he gives them.  It's fun to talk about the factors impacting the markets.  But after a while it gets frustrating, because what can you really do about those factors?  Nothing.  During this session the focus will be on things where you can impact your profitability, simply by learning and tracking and knowing what numbers to watch and what to do with them once you've found them. 

Max Armstrong Photo 2009 128 ArlanSuderman 128 Mike Jacobson 128 Tim Copeland 128 Darren Frye 128

       Max Armstrong                 Arlan Suderman                 Mike Jacobson                Tim Copeland                       Darren Frye

Max Armstrong (you've heard of him, right?) is hosting the session.  Our experts include:  Arlan Suderman, Market Analyst for Farm Futures Magazine; Mike Jacobson, Chairman, President and CEO of NebraskaLand National Bank; Tim Copeland, VP of Marketing at Great American Insurance and Darren Frye, CEO of Water Street Solutions. 

I'm sure you'll go home from this session energized about what you've learned and how it can help you take the financial reins of your operation.  If you can't be there with us, you'll be able to find information from the session on this web site.

Succession Planning for the Farm

by Kim Lang February 8, 2010

CPS_14F (Custom) Moving the farm from one generation to the next is a tricky process!  In many situations the son who is farming the land reaches typical retirement age before he becomes the owner of that farm.  The danger lies in not have a plan for passing it from one generation to the next and not even having a good conversation about what each generation wants.  Chris Monroe, and his business, CPS, have teamed up with Water Street Solutions to provide Succession Planning and Estate Planning services to our farmer customers.  Here he talks with KRVN's Ken Rahjes about his business and how he works with farmers.

February 8 2010 Succession Planning - Monroe.mp3 (4.00 mb)

Another great resource on the topic of blending business and family is a book written by Neil N. Koenig, Ph.D..  It's titled You Can't Fire Me I'm Your Father:  What Every Family Business Should Know.  I found it on Amazon

Successful Negotiating

by Kim Lang February 1, 2010

Dean Heffta (Custom) You might feel like you're negotiating mostly at the equipment dealership or when you're buying inputs, but negotiating skills are important all the time.  And these are skill sets you can learn to improve.  Dean Heffta talks with KRVN's Ken Rahjes about the important steps in the process.

February 1 2010 Successful Negotiating - Heffta.mp3 (3.68 mb)

More Discussion About Goal Setting

by Kim Lang January 11, 2010

Dean Heffta (Custom) You've set goals for your business in the past, but maybe that didn't seem to get you where you wanted to go.  Were your goals SMART?  Did you have a BHAG?  There are some pointers to make goal setting work for you, including the incorporation of those two acronyms.  Dean Heffta shares these with KRVN's Ken Rahjes.

Jan 11 2010 Goal Setting Continued - Heffta.mp3 (1.93 mb)

Dive into Goal Setting for Your Farm

by Kim Lang January 4, 2010

Dean Heffta (Custom) Want to build a successful 2010?  Now's the time to start with some serious goal setting.  Dean Heffta talks with KRVN's Ken Rahjes, outlining a way to go about this.  One of the first steps, he says, is evaluating how things went in 2009.

Jan 4 2010 Goal Setting - Heffta.mp3 (1.50 mb)

New Year's Resolutions for a Successful Farm in 2010

by Kim Lang December 28, 2009

Dean Heffta (Custom) Have you thought about what to resolve for 2010?  How about making your resolutions something that can improve your farming business?  This week Dean Heffta talks with KRVN's Ken Rahjes about a couple of resolutions that might work well for you.  1)  Controlling What You Can Control  2)  Starting with Succession Planning. 

Dec 28 2009 New Years Resolutions - Heffta.mp3 (1.15 mb)

Laws of Leadership Can Help on the Farm

by Kim Lang December 21, 2009

Jason Ladman (Custom) You may not think about business books helping you to build your farming operation, but there's really no reason that the same principles wouldn't apply.  This week Jason Ladman talks with KRVN's Ken Rahjes about a business book that he's recently finished, The 21 Irrefutable Laws of Leadership, by John C. Maxwell.  Many of the lessons can make you think about how you're going about your business, and some things you might change about your day to day activities. 

Dec 21 2009 Laws of Leadership on the Farm - Ladman.mp3 (1.39 mb)

Building a Culture of Learning

by Kim Lang November 9, 2009

Dean Heffta (Custom) Your ability to take your farming operation to the next level has a lot to do with your openness to learn.  While you may have started your farming career in the classroom or in the school of hard knocks, you need to figure out how to keep learning in order to grow and compete.  Director of Development Dean Heffta talks with KRVN's Ken Rahjes about some strategies for doing just that.

Nov 9 2009 A Culture of Learning - Heffta.mp3 (2.47 mb)

Dean suggests some good books to start your resolution to be a better learner.  Ten Good Books

About Water Street Solutions

Water Street Solutions helps farmers with profitability, using a business model that you won't find anywhere else.  We combine experts in the areas of financial analysis, crop insurance and commodity marketing -- and get them working together on a plan tailored for your farming business.