An agricultural entrepreneur is someone who sees his farm not just as a means of livelihood but also as an avenue to solve food problems while maximizing profits.
Agricultural entrepreneurs are passionate about their businesses and are willing to take calculated risks to ensure that they get the best harvest.
Not everyone can become a farm entrepreneur; it requires some set of qualities that make them different from ordinary farmers.
Let’s look at what makes a good agricultural entrepreneur.
An entrepreneurial farmer takes advantage of opportunities to yield maximum profit.
He puts his innovative skills in producing crops to meet market demands.
If you want to be an agricultural entrepreneur, you must learn to recognise opportunities and take advantage of them.
An agricultural entrepreneur also recognises the need to make his business sustainable. Because he understands that the agribusiness is a long term venture, he employs different methods to keep the business going.
He uses the latest agricultural technology to increase productivity and reduce the risks associated with farming.
For example, instead of using manual labour for farming activities, he can employ contract farming, which does not only save time but help to produce better results.
An example of agribusiness that offers the services of contract farming is Farm4me.
Agricultural entrepreneurs are not discouraged by unfavourable situations, rather, they learn from them to avert future occurrences.
He works hard just to ensure the sustainability of his agribusiness, targeted at being a solution to the food problem in the nation.
He stays focused and undeterred despite the odds that come with the business.
He does whatever it takes to stay focused on meeting the needs of consumers despite the barriers that he might come across.
All farmers can become entrepreneurs if they are willing to imbibe these qualities and maximize their farming business to the fullest.