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They exist. I know several small farmers who are HNWIs in the low 8 digits, not counting their real property. I'd say that's comparable to what you'd expect som
by User23 5y ago
They exist. I know several small farmers who are HNWIs in the low 8 digits, not counting their real property. I'd say that's comparable to what you'd expect someone in tech to accumulate over around a 30 year career. They achieved that through a combination of savvy, connections, and growing relatively high margin niche crops instead of trying to compete with corporate gigafarms.
But it's extremely hard work, and depending on what one grows, one can expect to have maybe 2 weeks off a year. Nature is a boss that doesn't accept excuses.
- jethro_tell 5y agoThis can absolutely be done. But it's hard work and you have to be very self-sufficient. I've done quite well for myself with my farm as a side project but I can weld, program, do HVAC, mechanic work on out machines, pluming and building upkeep. Then you also have to be able to farm, and to top that off, you have to be ready to work when it's time, which is not unlike tech but you also won't have a backup for your oncall rotation. I spent Christmas afternoon in the snow digging drainage ditches around a new field after a water retention pond burm broke and started washing seed out of the field. Because it was so wet, we couldn't move any machines into the field so myself and father in law dug the basics by hand with shovels around the whole field. It's not just something you do cause you watched a YouTube video. It takes a certain type of person. It's not unlike bootstraping any other startup.
- sigmaprimus 5y agoThis is a fair comment and some days I admit I feel the same way. Tell me though haven't you questioned your choices? When you were repairing the broken machines or digging that ditch on Xmas, doubt never crept in? I am at the point where I am wondering if the doubtful times are outweighing the joyful ones these days. But I will admit, I posed the question at a particularly "Whoa Es Me" time, still I understand what your getting at, When the going gets tough...right!?
- jethro_tell 5y agoI wouldn't say that I question my choices. Before going into tech about 10 years ago, I spent 15 years in construction, farming and mechanic type work. I love welding, (I went to welding school out of high school but decided it would be a better hobby than job). I love the crops we make. The whole thing started when we couldn't buy what we wanted in the quantity and quality we wanted. My whole family lives around the farm so while I didn't enjoy digging a ditch on Christmas, I did do it with my father in law, and then we went in and had Christmas dinner and a stiff whisky with the whole family. It's not something I'm doing alone, and lots of it is stuff I love doing. I'll often stay up till 2AM+ on the weekends just building random shit in the shop and listening to music. I'm working on soil moisture and temperature sensors to put into the fields to target watering and start collecting some data. I'm working on turning one of the old 70s fords into a battery motor, I've got the old tractors all tuned up and running and to me this is my idea of taking a break from my desk. I'm not sure what to tell you. Have you done farming and gardening and other types of manual labor before? If you wanna hit me up and chat a bit about this I'd love to understand a little more and maybe I have tips or perspective that can help out here.