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Simple Farmhouse Life

203. Building a $100k Farm Business in 3 Years | Grace the Shepherdess

Simple Farmhouse Life

Lisa Bass

Home & Garden, Leisure

4.91.9K Ratings

🗓️ 19 September 2023

⏱️ 49 minutes

🧾️ Download transcript

Summary

I hear from many of you that you want to live this homesteading lifestyle but you are wondering how to afford it. Can a homestead pay for itself? Can you actually earn an income from it? With a background in business and marketing, Grace set out to start a profitable farm business, and she ended up growing her sheep farming business to $100k by the third year. If you have a desire to draw a profit from your farm or homestead but you are unsure of the business mechanics, this episode is for you! Grace is a wealth of wisdom on both business strategy and sheep farming. Join us to be encouraged by her incredible story!

In this episode, we cover:

  • What led Grace to start a farm business with no prior experience

  • The value of mapping out your business plan in the beginning and committing to it

  • Why building a newsletter should be a priority in your business

  • Strategizing what to provide to your newsletter subscribers

  • Is there a minimum amount of acreage you need to build a profitable farm business?

  • Why finding your market is so important and how to do it

  • Maintaining motivation when profits are coming in slowly in the beginning

  • A day in the life of a farm business owner

  • Having the confidence to start something even if you don’t feel like an expert

  • Answering your questions about the specifics of raising sheep

  • A realistic look at the financial side of diving into a business endeavor

View full show notes on the blog + watch this episode on YouTube.

Thank you to our sponsors!

Simple Sourdough | Visit bit.ly/farmhousesourdoughcourse to enroll today!

Toups and Co Organics | Use code FARMHOUSE at ToupsandCo.com

ABOUT GRACE

Grace is an entrepreneur, shepherdess, and rotational grazing enthusiast. This eclectic mix converges as she shares her small scale sheep farming operation. Through YouTube Grace shares about regenerative farming for profit, raising Dorper sheep, and daily life as a small-scale, regenerative farmer!

RESOURCES

How Grace built her $100k farm business in 3 years

CONNECT

Grace the Shepherdess | Website | YouTube | Podcast | Instagram

Lisa Bass of Farmhouse on Boone | Blog | YouTube | Instagram | TikTok | Facebook | Pinterest

Join us in the Simple Farmhouse Life Facebook community!

Transcript

Click on a timestamp to play from that location

0:00.0

The first year or two, the hardest part was not quitting.

0:04.6

At first, the amount of hours you put in and how underpaid you are if you're actually

0:09.1

working it out per hour is probably like more than anybody is willing to do.

0:14.8

At the onset, I said I'm going to commit and that first year was rough because I was

0:19.3

just wearing myself into the ground.

0:21.3

I was not seeing any dollar signs whatsoever.

0:23.8

And in a third year, the traction by God's grace really, really kicked in.

0:27.8

This is what I say to people all the time.

0:29.3

If you can't sit there and say my idea is worth giving my time to unconditionally

0:34.2

for a short period of time, it may not be a very good idea if you're not willing to do that.

0:39.2

My name is Lisa, mother of eight and creator of the blog and YouTube channel Farmhouse

0:44.4

On Boone.

0:45.4

Join me as I share with you my love for creating a handmade home from scratch cooking and a little

0:50.1

mom and entrepreneur life along the way.

0:58.5

Welcome back to the simple farmhouse life podcast.

1:01.5

Today I am having on grace from the shepherds podcast.

1:07.0

She shares a really inspiring message that I think in this homestead farming type of

1:14.0

world, a lot of us want to get some acreage and make a living off of our farm.

1:20.0

I've heard it said so many times by so many different people, but when it comes down

1:23.9

to it, whenever we actually work the numbers, we're disillusioned in thinking that it's

1:28.1

not actually possible to make money farming.

1:30.1

And I know that I've thrown that around too, like whenever you have chickens, the eggs

...

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