On tomorrow’s Ag Business Episode I am profiling a husband/wife team that has a unique and fascinating business serving farmers in the panhandle of Oklahoma. That gave me the thought of replaying Jonathan Demcack’s interview from 2015 again for you. He started a business called “Droplet Irrigation” here in the Treasure Valley of Idaho, providing service to farmers, and I thought it was a great tie in with tomorrow’s show.
The original show notes are below:
SHOW NOTES
KEY IDEAS:
ADVICE FROM JONATHAN:
WORK: You must have a willingness to work and get down in the trenches, even when you are the boss
PROJECTIONS: Cut your financial projections in half and double your expected expenses
RELATIONSHIPS: Don’t sell, that is short term thinking. Use long term thinking – make connections with your customers
PLAN: Make a plan. You are not locked in, but have some sort of blue print for where you are going
JONATHAN’S PERSONAL HABIT THAT IS CONTRIBUTING TO HIS SUCCESS:
LEAD BY EXAMPLE: Jonathan never asks an employee to do something that he is not willing to do himself.
BEST BUSINESS ADVICE THAT JONATHAN HAS RECEIVED:
PERSPECTIVES: Try to look at issues and problems from different angles. Don’t make rash decisions.
LINKS:
Information on Drip Irrigation: Kansas State University Study
BOOK RECOMMENDATIONS:
Jonathan recommended the following three books as those that were invaluable to him as he grew his business:
More Places You Can Listen to Off-Farm Income And Matt Brechwald:
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