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Farming Business Tips That Will Speed Up Your Rate Of Success - Agriculture - Nairaland

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Farming Business Tips That Will Speed Up Your Rate Of Success by Lesgupnigeria(m): 6:09pm On Nov 21, 2014
I am motivated to write this article because of numerous calls i do receive on a daily basis from agropreneurs on problems,challenges they faced in this dynamic nature of agricbusiness.

To share from my own knowledge,mistakes and years of experience; to me is unquantifiable in monetary terms which i will be doling out on this thread to my numerous readers.

This is to also help both starters and experienced agro-preneurs on this thread to learn from my own mistakes,experience and then be able to solve their day to day problems being faced on the farm site.

You can make big money and you can also make total loss in any farming business,the bridge that differentiate you from the other people that make money is KNowledge (ability to learn from your own setbacks,from successful entrepreneurs in the industry,and personal development)

I have faced a lot of setbacks in this business from inadequate weather condition which totally reduce the yield of my crops, pests and disease which almost wipe out my investments,Cattle rearers which almost destroy my crops,exploitation from middle men e.t.c
But THE GOOD NEWS is all these challenges can be curbed which i am going to be explaining on this thread so you don't make the same mistakes and you can speed up your own rate of success in no distant time than i did.

1. Farming goes beyond land preparation and planting; how do you perform all other operations which include the managing labourers well ( i will not want to talk more on this because it entails a whole lot but what you need to know is to source for dedicated workers at a very considerable price,i will also advice you get a permanent workers).
A staff should be employed to supervise and monitor the activities of the workers.

6 Likes 2 Shares

Re: Farming Business Tips That Will Speed Up Your Rate Of Success by Lesgupnigeria(m): 6:11pm On Nov 21, 2014
2. How do we solve the problem of marketing being faced by entrepreneurs in this business.
I do ask people that comes to me for knowledge to let me know their budget and see what area of the agribusiness they can strategically start from.

Marketing is interconnected with how you start,what crop you start with,and where you start your business from.

If you are starting a 1acre of cassava and you want to make huge profit,you are a joker; the best thing you can do is to sell to the local middlemen at a ridiculous price while if you are starting with as much as 25 acres,you will not have to patronise the.middlemen the revenue you will generate will overshadow the cost of transporting it directly to the processing factory.

You can start with small acreage in cassava if you have a buyer that can pen down to buy at a good fixed price from you.(although i have not seen such and seems next to impossible)

There are some crops that you can start on a very small scale and are still very profitable and are not affected by flunctuation in market price.

Crop such as plantain can be started on a small scale.

My Experience: I notice that people who cultivate small acreage are terribly exposed to market price flunctuation,are forced to sell to the middlemen at ridiculous price and tells you that agribusiness is not profitable e.t.c

You will hear something like cassava do not sell this year o.

1 Like

Re: Farming Business Tips That Will Speed Up Your Rate Of Success by Lesgupnigeria(m): 6:14pm On Nov 21, 2014
3.Farming business is a very dynamic business meaning that it keeps changing everyday.
Dont be surprise if What you know yesterday is obsolete today and knowledge of today is of no significance tomorrow.

I hear some folks say "i have been in this business for donkeys of years, you can.not know more than i do"....i just shake my head and laugh in Japanese

What do you know...if your knowledge of yesteryears is what you are relying on,then you must be out-of-tune with the latest innovative way of farming....Keep improving on yourself,attend seminars,read more on your area of specialisation,share knowledge with like positive minded people.

All aspect of operations from landpreparation to production to processing to harvesting keeps evolving.

You have to be an everyday-learner even though you are a learned.

Focus on crop that provide good cash flow.
Taking care of a farm is not all that a smooth road.
All factor of production needs to be combined from land acquisition to labour management to application processes to harvesting and to marketing.

I will be teaching on how you can combine all the factors of production from land acquisition to marketing and ideas that may be useful for you for a successful farming business in subsequent write up.

Want to start a profitable farm or in need of farmlands,you can.contact me.check my signature.
and articles for more.

Stay tuned....stay connected.

4 Likes

Re: Farming Business Tips That Will Speed Up Your Rate Of Success by Lesgupnigeria(m): 6:14pm On Nov 21, 2014
3. Farming business is a very dynamic business meaning that it keeps changing everyday.
Dont be surprise if What you know yesterday is obsolete today and knowledge of today is of no significance tomorrow.

I hear some folks say "i have been in this business for donkeys of years, you can.not know more than i do"....i just shake my head and laugh in Japanese

What do you know...if your knowledge of yesteryears is what you are relying on,then you must be out-of-tune with the latest innovative way of farming....Keep improving on yourself,attend seminars,read more on your area of specialisation,share knowledge with like positive minded people.

All aspect of operations from landpreparation to production to processing to harvesting keeps evolving.

You have to be an everyday-learner even though you are a learned.

Focus on crop that provide good cash flow.
Taking care of a farm is not all that a smooth road.
All factor of production needs to be combined from land acquisition to labour management to application processes to harvesting and to marketing.

I will be teaching on how you can combine all the factors of production from land acquisition to marketing and ideas that may be useful for you for a successful farming business in subsequent write up.

Stay tuned....stay connected.

1 Like

Re: Farming Business Tips That Will Speed Up Your Rate Of Success by benuejosh: 8:29pm On Nov 21, 2014
let this make front page mod. this re the kind of tips we need to encourge and enlighten us as individuals
Re: Farming Business Tips That Will Speed Up Your Rate Of Success by Lesgupnigeria(m): 9:14pm On Nov 21, 2014
benuejosh:
let this make front page mod. this re the kind of tips we need to encourge and enlighten us as individuals
Thanks for commenting.
I hope the mod does.
Re: Farming Business Tips That Will Speed Up Your Rate Of Success by bamiwale: 9:26pm On Nov 21, 2014
Well done sir. Learning from experienced people is so priceless. Keep up the good work. You are highly appreciated.
Re: Farming Business Tips That Will Speed Up Your Rate Of Success by world1(m): 9:49pm On Nov 21, 2014
You are doing a great job here keep it up.
Re: Farming Business Tips That Will Speed Up Your Rate Of Success by profchimex(m): 10:42pm On Nov 21, 2014
Lesgupnigeria:
3. Farming business is a very dynamic business meaning that it keeps changing everyday.
Dont be surprise if What you know yesterday is obsolete today and knowledge of today is of no significance tomorrow.
I hear some folks say "i have been in this business for donkeys of years, you can.not know more than i do"....i just shake my head and laugh in Japanese
What do you know...if your knowledge of yesteryears is what you are relying on,then you must be out-of-tune with the latest innovative way of farming....Keep improving on yourself,attend seminars,read more on your area of specialisation,share knowledge with like positive minded people.
All aspect of operations from landpreparation to production to processing to harvesting keeps evolving.
You have to be an everyday-learner even though you are a learned.
Focus on crop that provide good cash flow.
Taking care of a farm is not all that a smooth road.
All factor of production needs to be combined from land acquisition to labour management to application processes to harvesting and to marketing.
I will be teaching on how you can combine all the factors of production from land acquisition to marketing and ideas that may be useful for you for a successful farming business in subsequent write up.
Stay tuned....stay connected.

Bros na me Fortune, I still dey follow your posts bomber to bomber
world1:
You are doing a great job here keep it up.

Chief World1 you are another tycoon I respect, I don chop all your posts pieces, would give you a call very soon like very sooooon
Re: Farming Business Tips That Will Speed Up Your Rate Of Success by Reese1: 3:31am On Nov 22, 2014
Lesgupnigeria, thank you very much for starting this thread.

The question i have is, is it possible to go into fruit and vegetable processing on a small scale?

By small i mean with like 300,000 Naira capital?

I've been reading differing viewpoints on the topic. Some websites say it's very expensive due to the high cost of the machines needed...therefore only big, established companies should dare venture into processing. But then other websites are saying there are very cheap, locally available equipments for processing, so not sure which one it is.

Thanks
Re: Farming Business Tips That Will Speed Up Your Rate Of Success by adedam007(m): 7:00am On Nov 22, 2014
Nice tips
MODIFIED
yes!yes!!yes!!!.i knew it.frontpage
great week ahead of me
Re: Farming Business Tips That Will Speed Up Your Rate Of Success by Lesgupnigeria(m): 7:19am On Nov 22, 2014
bamiwale:
Well done sir. Learning from experienced people is so priceless. Keep up the good work. You are highly appreciated.
Thanks.God bless you
Re: Farming Business Tips That Will Speed Up Your Rate Of Success by Lesgupnigeria(m): 7:23am On Nov 22, 2014
world1:
You are doing a great job here keep it up.
Thanks
Re: Farming Business Tips That Will Speed Up Your Rate Of Success by Lesgupnigeria(m): 7:44am On Nov 22, 2014
Reese1:
Lesgupnigeria, thank you very much for starting this thread.

The question i have is, is it possible to go into fruit and vegetable processing on a small scale?

By small i mean with like 300,000 Naira capital?

I've been reading differing viewpoints on the topic. Some websites say it's very expensive due to the high cost of the machines needed...therefore only big, established companies should dare venture into processing. But then other websites are saying there are very cheap, locally available equipments for processing, so not sure which one it is.

Thanks

You can start processing fruits and vegetables on.a small scale.
I dont know whether you have land or building to start from.If you don't you can.lease and start.
Get some locally fabricated machines and start.

A friend started fruit juice production with less than that amount and in 3 years after starting,he was bringing in millions of naira as revenue.

Started from a kiosk selling fruit juice at covenant university back then.

Package the products well,sell at competitive price and pursue your goals, dreams and the sky will be the beginning of great things for you.

Goodluck.

1 Like

Re: Farming Business Tips That Will Speed Up Your Rate Of Success by Lesgupnigeria(m): 7:46am On Nov 22, 2014
adedam007:
Nice tips
Thanks for conmenting
Re: Farming Business Tips That Will Speed Up Your Rate Of Success by Lesgupnigeria(m): 7:47am On Nov 22, 2014
profchimex:


Bros na me Fortune, I still dey follow your posts bomber to bomber
Lol...How you dey?back to your base,i guess.
Re: Farming Business Tips That Will Speed Up Your Rate Of Success by Lesgupnigeria(m): 9:24am On Nov 22, 2014
Lest i forget; another thing that can be done for people that doesnot have the capacity to produce on a larger scale is to form a cooperative to leverage on.

Land preparation is very important in farming.
I have once committed the sin of improper land preparation and it almost cost me my investment.

Get a good tractor provider service and make sure the land is ploughed twice (in some cases three times)

Although the future of land preparation is no-till technique due to.its cost effectiveness,it is still at the experimental stage in Nigeria and yet to be employed on a large scale farming.

I hear a lot of people tell me they want to make use of no-till techniques to save cost, dont deceive yourself,it is.not workable (except you want to cultivate on 1plot of land). I repeat, Do not try it, you might lose all your investment.

The reason being that no-till technology and the expertise are not yet available in the country.

More still to come.....Stay connected

1 Like 1 Share

Re: Farming Business Tips That Will Speed Up Your Rate Of Success by Lesgupnigeria(m): 1:14pm On Nov 22, 2014
Get more information on your industry as you can.

Our agric sector not yet mature for full mechanisation of operations on the farm.

What we have here is semi -mechanised farming.
Re: Farming Business Tips That Will Speed Up Your Rate Of Success by Lesgupnigeria(m): 4:43pm On Nov 22, 2014
Getting the land preparation right is the start of success in this business.
Re: Farming Business Tips That Will Speed Up Your Rate Of Success by Agbe4Life(m): 4:59pm On Nov 22, 2014
Nice one bro. Keep it up and more greese to your elbow.
Re: Farming Business Tips That Will Speed Up Your Rate Of Success by Lesgupnigeria(m): 6:16pm On Nov 22, 2014
Agbe4Life:
Nice one bro. Keep it up and more greese to your elbow.
Thanks for following...God bless you
Re: Farming Business Tips That Will Speed Up Your Rate Of Success by Nobody: 8:14pm On Nov 22, 2014
interesting...tho i'm more interested in livestock farming..keep up d good work..
Re: Farming Business Tips That Will Speed Up Your Rate Of Success by Lesgupnigeria(m): 6:19am On Nov 23, 2014
eclipse13:
interesting...tho i'm more interested in livestock farming..keep up d good work..
thanks for checking by.
Re: Farming Business Tips That Will Speed Up Your Rate Of Success by Lesgupnigeria(m): 4:16pm On Nov 23, 2014
1st Weeding is done basically three weeks to 1 month after planting.

Doing this early on will not only improve your yield and improve the early maturity of your crop.
Re: Farming Business Tips That Will Speed Up Your Rate Of Success by Johnnyessence(m): 4:57pm On Nov 23, 2014
pls is it good to plant hybrid plantain in this harmattan starting by December period any advice on it and pls how many plantain can one start with in an acre of land hmmmm need ur pls.
Re: Farming Business Tips That Will Speed Up Your Rate Of Success by Lesgupnigeria(m): 6:34pm On Nov 23, 2014
Johnnyessence:
pls is it good to plant hybrid plantain in this harmattan starting by December period any advice on it and pls how many plantain can one start with in an acre of land hmmmm need ur pls.
Plantain cannot be started this year,you can start with 1000 suckers for a start on am acre of land.
Where are.you proposing to start the plantain business?
Re: Farming Business Tips That Will Speed Up Your Rate Of Success by Nobody: 8:56pm On Nov 23, 2014
Reese1 can i pm u? Lets talk about partnership.
Reese1:
Lesgupnigeria, thank you very much for starting this thread.

The question i have is, is it possible to go into fruit and vegetable processing on a small scale?

By small i mean with like 300,000 Naira capital?

I've been reading differing viewpoints on the topic. Some websites say it's very expensive due to the high cost of the machines needed...therefore only big, established companies should dare venture into processing. But then other websites are saying there are very cheap, locally available equipments for processing, so not sure which one it is.

Thanks
Re: Farming Business Tips That Will Speed Up Your Rate Of Success by idrisa334: 7:39am On Nov 24, 2014
Another great agricultural investment is fruit farming cause currently in Nigeria there are very few fruit farms thereby causing our local fruit juice companies to depend on imported fruits.



Nigeria spends N165 billion annually on fruit juice importation
Source: http://www..com.ng
Re: Farming Business Tips That Will Speed Up Your Rate Of Success by Youngzedd(m): 7:39am On Nov 24, 2014
Nice tips.

Re: Farming Business Tips That Will Speed Up Your Rate Of Success by BruzMoney(m): 7:39am On Nov 24, 2014
Good tips
Re: Farming Business Tips That Will Speed Up Your Rate Of Success by lonelydora: 7:39am On Nov 24, 2014
I will soon turn to Obasanjo farms.

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