Secrets of a Millionaire Farmer | Diversifying for Increased Revenue on Farm
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Today's video features Joel Salatin sharing some valuable insight on how to increase income and profitability on a small farm. This video talks about diversifying and building multiple income streams on your farm. This is a basic principle in business and one that nearly every Millionaire takes hold of. Diversity of income streams is a hedge against disaster on farm. It creates a safety net of income that will catch you when any one enterprise struggles. Diversity of income on farm makes the startup losses bearable and cuts risk that accompanies ranching. Whether your diversification means more animals, or maintaining a full time job, I hope this video encourages you on your farming for profit journey!
-the Shepherdess