4.8 • 4.1K Ratings
🗓️ 29 October 2016
⏱️ 23 minutes
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From the farm to Wall Street and back. Scott has lived a most unorthodox life from welding farm equipment for his dad to working in the top financial markets in the world to farming and developing financial software for farms. He is now helping the common farmer run their farm like a fortune 500 company through his software and coaching programs.
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0:00.0 | What's shaken Fire Nation JLD here in a welcome episode 1469 of EO Fire. |
0:09.0 | We're right shout out today's most successful entrepreneur seven days a week and the Fire Nation newsletter |
0:16.0 | drops value bombs daily Fire Nation subscribe over at EO Fire dot com or just text the word EO Fire to 3 3 4 4 |
0:26.0 | Now shout out today's featured guest Mr Scott Anderson. Scott are you prepared to ignite? |
0:33.0 | Let's start the fire, John. I'm ready to rock from the farm to Wall Street and back. |
0:39.0 | Scott has loved a most unorthodox life from wielding farm equipment for his dad to working in the top financial markets in the world |
0:46.0 | to farming and developing financial software for farms. |
0:49.0 | He's now helping the common farmer run their farm like a fortune 500 company through his software and coaching perrograms. |
0:56.0 | Scott take a minute fill in some gaps from that in show and give us a little glimpse into your personal life. |
1:01.0 | Well, I've got a 12 year old son. I became a dad at 19 years old, not not necessarily the plan to route but that has been a huge that's what gets me out of the bed every day and just keeps me grindin' and crushing it. |
1:17.0 | And while love hanging out with him we do tech camps love wakeboarding is like one of my favorite favorite hobbies so if we ever get a chance to get together down at Puerto Rico wakeboard and would be epic also huge into fitness. |
1:32.0 | I've done five part lifting competitions and two bodybuilding competitions so that's also a big part of part of the daily grind. |
1:41.0 | And fire nation how many excuses can we make up for ourselves to not get stuff done. I mean here's a father from the time he was 19 years old to somebody who you know worked on wall streets to now is running a company body fit. |
1:54.0 | I mean the whole nine years wakeboarding I mean it's just about how you leverage your time and how efficient you are and how focused you are there's so much waste in everybody's day myself included I'm always tweaking and I know Scott you always have room for improvement that's the beauty of living. |
2:09.0 | But it's those people that really figured out how to make things happen that guess what they make things happen now Scott you have a couple areas of expertise but what do you really define that as and give us to value bombs in that area. |
2:22.0 | Well I would say investments and money management is probably where my best expertise is and when I came back from wall street to start farming that's where I really focus I mean I ran all the machinery plus I strategized and financially organized things. |
2:38.0 | And you know ran a really lean operation so I guess one one value bomb is focus on your strengths and outsource your weaknesses and knowing what your strengths are is what's going to can and focusing on what you're good at is what's going to what's going to just catapult your business and do another realm. |
2:59.0 | You know and then helping people they're getting people to help you overcome your weaknesses if you're not good at finance make sure you have a really good accountant or something like that if you're like for farmers most more really good operators but the terrible at you know following the commodity markets and the futures markets and selling their grain I mean they can they can grow outstanding crop but they don't spend a lot of time on the most important part which could add you know 25 30% of income to their bottom line if they focus on that so I'm going to say I'm going to say I'm going to say I'm going to say I'm going to say I'm going to say I'm going to say I'm going to say I'm going to say I'm going to say I'm going to say I'm going to say I'm going to say I'm going to say I'm going to say I'm going to say I'm going to say I'm going to say I'm going to say I'm going to say I'm going to say I'm going to say I'm going to |
3:29.0 | say I'm going to say I'm going to say no one stands up because I know that's the highlights that I know I know that's my real things. There are people who really remember what I do so much like I just have just constantly hearing from all of my support he came to me to say I'm going to say I'm going to say something like that when it is okay like that when it happens I can spend a lot of effort I'm going to say I want to say whatever I can, develop my work, about my concern this is for slow chess Edward Detson. |
3:45.1 | make sure you have a bookkeeper or somebody that comes once a week. |
3:49.1 | For me, I've got, I love the financial side of business, but I still have somebody who |
3:53.7 | comes to my office once a week and we sit down and we go through all the Quickbook stuff, |
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