Farm4Profit Podcast
Red River Ag - Growing the Right Way
Episode Summary
We spend time with Aaron Yaggie of Red River Ag to learn about how his family works well together through Uncles and Cousins. We also pick his brain about successfully growing their elevator business the right way. Listen in to pick up some ideas to help you grow your farm or business.
Episode Notes
Introduction
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What’s Working in AG – TBD
Topic – Growth Mentality (Adaptability)
Guest – Aaron Yaggie
- Aaron grew up in agriculture as part of a family farm. He graduated from NDSU with his ag economics degree and has been putting that to work. Aaron is the current president of Red River Ag and Hefty Seed Hawley along with the managing partner of the Thief River Falls location. Not only does he stay busy with his own businesses but he proudly serves as the vice chairman of the board for his local bank.
- Let’s start off by talking a little bit about your Family Farm Background
- Did you live on the farm?
- Did/do your parents farm?
- How many members are farming – siblings, uncles, parents, etc….?
- How has this family dynamic evolved?
- What about the decisions for family made help them grow the farming operation?
- Can you think of a few examples of how your family adapted to changing times or changing markets?
- You went to college and obtained an ag econ degree. Was your plan while in school to always come back to the farm?
- Alot of people coming back to the farm and feel a bit overwhelmed or struggle to find the place they bring value…..What was your returning to the farm story?
- How were you able to find ways to communicate your ideas with older leader/family members and have them be listened to?
- What was something you did that failed or something you tried that blew up?
- What did you learn?
- How did you adapt your actions and thinking after failures or successes?
- Where could concerns over mental health play a factor in the lives of those coming back to the farm?
- Sounds like part of your contribution to the farm and a big role that you played in coming back was to begin building a business parallel to the farm. What exactly is the type of business you acquired or built?
- How did this opportunity present itself?
- Did you venture out on this path alone or did you have support?
- We are buy and sell grain, chemical, seed and other specialty ag products. Our mission is to help farmers earn more money.
- Why did you make the mission of your company to help farmers make more money?
- Were you collegially trained to run a business?
- What did you learn while growing the business that made you adapt your thinking?
- What are some key mindsets you have adopted to make you successful?
- What are some business decisions you have made to help your company grow?
- Have you adapted any of your strategies for the future of your company?
- Why is caring about your mental health a contributor to being laser focused on doing a good job in your farm or business?
- How did you get to become a director of a bank?!
- Was this an opportunity generated from running your own business?
- What do you know now that you wish you would have known sooner?
- Summary
- Challenge
- Salford Offer reminder
- Submit questions and topic suggestions