Mon, 10 May 2021
If you have been listening to the Off-Farm Income Podcast for long, you know the question I always asking young men and women who are paying rent to a relative to be able to farm some of their ground. I always want to know why the relative has them pay rent if they want them to succeed. And the answer is always some form of how that relative is passing down wisdom and teaching the student work ethic and how things work in the real world.
Today's interview is a great example of this exact thing. Kidridge Griffin has been farming since he was twelve years old, and his father and his grandfather have always made him cover his own end. This has turned out very well for Kidridge as he has just graduated from high school but he is already leasing over 100 acres of farm ground and has built up a herd of 70+ mother cows.
Kidridge has been given a lot of wisdom over the years, and it is obvious that he has listened. One of the ways that I could tell was by the fact that he is able to defer pleasure. He works full-time on his family's farm, but he doesn't receive any pay. Instead, he receives feed in the winter for his calves, and he receives the use of the family's farming equipment. This has allowed Kidridge to farm on his own and ever start doing paid farming jobs for other people in the community.
Most 18-year-olds, me included, would want to be paid right now for our work so I could go spend the money on something. However, Kidridge is different. He is completely willing to forgo the cash to reinvest back in his farming enterprise because he has his eyes on something bigger in the future!