There are lots of farmers in who have failed in the farming industry as a result of negligence to certain approaches ought to have been adopted. Some of the reasons why farmers fail are listed below:
- Being absent from farm
Farmers are required to visit their farms regularly in order to make the farming business a success.
- They do it alone.
Establishing a farm without meaningful and proper interactions with other farmers that matters and sourcing of vital information will pack up in no time. No one can succeed alone. A smart farmer knows that there are webs of interactions with farmers, vets, nutritionists and other notable professionals that will make farming successful.
- Use of cheap inputs.
A cheap mentality at the expense of productivity will always lead to frustrations. When a farmer is fanatical about cheap inputs, he is digging his business grave.
- Biting more than they can chew
Farmers take up more than you can handle financially and technically in a bid to make it big and fast but this eventually leads to the down fall of the farm.
- Inadequate records
Most farmers do not keep proper and detailed records of events in their farm. Therefore, it is difficult for them to know the cost of production for a particular produce and and lack information in certain areas which may result in running at a loss by farmers.
- They focus more on the traditional method.
One Israeli prime minister once said that agriculture is 95 percent science and 5 percent work. When a farmer focuses more on traditional way than the improved method of farming, he is bound to fail.
PLEASE SHARE WITH AS MANY FARMERS AS POSSIBLE.
You Will Succeed!