The 80/20 equation for farm success: Then and now

In the "old days" the equation for farm success, most would agree, was 80% hard work and 20% smart business decisions. Over the past 10 to 20 years there's been a massive shift in how successful operations are run, and it's more like 80% smart business decisions to 20% hard work. Farm leader business decision-making is now more vital than ever to the success of today's farm. Darren Frye, President and CEO of Water Street Solutions, explains this more in his Finance First blog this week.