About me - Jim Tompkins

About me

Featured article by Jim Tompkins

Business > Business Issues Why failure is important

With rising fuel costs, increasing machinery prices and an unstable labor situation it is increasingly difficult to be sustainable in farming. It's tough when market prices are determined by others and there are few options to whom you can sell. However, the only way to lose is to get out of the game. As long as you are still in the game, you have a chance to succeed. Many other factors can contribute to a situation in which it seems a farmer is swiftly falling down a slippery slope to failure. When we reach bottom and are sitting in the muck of failure we have a decision to make. Do we gi...

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