From my perspective at 71 years old, one thing that you can count on is change. Just when you think that you have things figured out and you can see it going the same way for another 20 years, bam, some major change comes along and there goes your long term plan. A friend had a good small excavation business going that he thought would keep him going for as long as he needed income. He had nephews who worked for him part time. He made adequate income. Then insurance of pretty much every kind went through the roof, His nephews were doing other things and three young guys started businesses in the town. He needed to be getting the same amount of work in order to maintain his equipment new enough to be able to be competitive and avoid down time, but he didn't have the resources. He couldn't pay his insurance on just a small job here and there. It kind of fell down around him like a house of cards. I started and ran a business for 25 years. I had three employees which made it tough many times, but I continued to gradually grow it to where I was able to get good money for it when I made the decision to sell out when I was 55.
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Today's Featured Article - A Belt Pulley? Really Doing Something? - by Chris Pratt. Belt Pulleys! Most of us conjure up a picture of a massive thresher with a wide belt lazily arching to a tractor 35 feet away throwing a cloud of dust, straw and grain, and while nostalgic, not too practical a method of using our tractors. While this may have been the bread and butter of the belt work in the past (since this is what made the money on many farms), the smaller tasks may have been and still can be its real claim to fame. The thresher would bring in the harvest (and income) once a y
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