Off-Farm Income

SHOW NOTES

KEY IDEAS: 

Today's episode is a profile of a 6th generation farmer.  Mark Kannmacher's farming roots go all the way back to a farm located on the French and German border.  After immigration to the United States, the tradition transferred to Illinois.  Today, Mark is keeping the legacy alive, and he has found a way to farm full-time and hopes to have his wife join him soon!

Mark, like so many farmers, has stories of long hours and little sleep.  His are quite incredible though.  When he was trying to transition to farming full-time but still working off the farm as a teacher he found himself getting 1-2 hours of sleep per day during certain times of the year.  And, he was getting this sleep on his lunch break or during his prep period at school!

In this episode Mark will discuss how he made the transition, and how he used a specialty form of livestock for his area, turkeys, to help him generate additional revenue on his farm.  Also, he discusses how he uses niches and diversification to be sustainable as a business.

Mark, his father, and his grandfather have all used various entrepreneurial ventures along the way to create income that would support the farm.  This has all led to Mark being the first of all of them to farm exclusively with no off-farm job.

ADVICE FROM MARK:

PASSION: Mark believes you must really have a passion for farming to make it work.  This passion should naturally lead you to learn all the aspects of the farming business backward and forwards.

BACKUP: Mark suggests having a backup plan, perhaps several.  He cites his turkey barns.  If his contract for raising turkeys falls through, he has already considered other ways to make revenue with that infrastructure.

THE WORST: Mark also suggests that you decide that on the very worst day you ever have farming that you will still be convinced that this is the only job that you truly want.

BEST BUSINESS ADVICE MARK HAS EVER RECEIVED:

"Always have a backup plan" which was given to him by Jim Bolin in the oil service industry.

PERSONAL HABIT:

Following God's word and guidance on a daily basis.

CONTACT INFORMATION:

Facebook Page: LINK

Telephone Number: (217) 232-1052

Email: kannmacherfarm@gmail.com


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