If I were to skim the ag news headlines from the past two years, much of the text would center on mergers, acquisitions and competition. There’s no question that the industry is maturing; big companies are getting bigger. Yet, in this fiercely competitive space, independent companies are thriving.
While we might not have the capital advantage of the multinationals, as small businesses we are more nimble. The moment we say we want to be like “X,” we lose the benefit of being small. I admit it’s a constant temptation because you look across the street and see the resources they can pour into a project. But it’s important for us to refrain from that temptation, and instead focus on our own unique roadmap to success. Below are seven “To-Do’s” that we find help us better compete.