About this episode

John Haskell interviews Steve Kenyon about financial tools that transformed his farming business.

What if the numbers could make your biggest business decisions easier? In this episode, John Haskell sits down with Steve Kenyon to discuss the financial and economic tools that changed how Steve viewed his farm. Steve shares how learning to use gross margin analysis revealed that some parts of his operation were losing money despite strong production numbers, and how understanding opportunity cost led him to completely rethink his business model. Steve and John also discuss why cash flow and profitability are two different things, how custom grazing allowed Steve to build a repeatable, cash-flow-positive business, and why owning land isn't always the best path to building a profitable operation. They explore the danger of following conventional assumptions, the difference between incremental improvements and transformational change, and why understanding your numbers can make it easier to know when it's time to do something differently. Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover: How gross margin analysis revealed where Steve was actually losing money Why strong production numbers don't necessarily mean a profitable operation How…

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