Why Farmers' Books Are Lying to Them w/Jesse Bounds

Welcome to Barn Talk! Today, we're excited to welcome back Jesse Bounds, a hay export entrepreneur and coach whose last episode quickly became a listener favorite. Join Tork, Sawyer, and Jesse Bounds as they unpack the big challenges facing agriculture—from razor-thin profit margins and financial troubleshooting, to the disruptive impacts of technology and AI. Jesse shares his journey building a business from scratch, lessons learned through tough years, and why community and coaching are game-changers right now. The conversation hits on survival strategies in Ag, the realities of succession planning, and the importance of balancing hustle with personal wellbeing. Packed with honest stories, actionable advice, and a look at the future of farming, this episode is a must-listen for anyone in the business or looking to level up. Tune in, share the show, and enjoy another deep dive in the barn! SUBSCRIBE TO THE PODCAST ➱ https://bit.ly/3a7r3nR   SUBSCRIBE TO THIS’LL DO FARM ➱ https://bit.ly/2X8g45c  LISTEN ON: SPOTIFY ➱ https://open.spotify.com/show/3icVr4KWq4eUDl7Oy60YMY  APPLE ➱ https://podcasts.apple.com/us/podcast/barn-talk/id1574395049 Follow Behind The Scenes👇🏻 ● This’ll Do Farm Instagram ➱ https://bit.ly/30KPBNk   ● Barn Talk TikTok ➱ https://bit.ly/3qciekS   ● Sawyer’s Instagram  ➱ https://bit.ly/3BtX0n4   ● Tork’s Instagram ➱ https://bit.ly/3LGZJxS     00:00 Farm Challenges and Uncertain Future 11:08 "Inaccuracies in Financial Statements" 21:15 "Cutting Costs to Boost Profit" 32:00 Farmers, Technology, Trades Impact 42:21 Adapting in Business Challenges 58:22 "Entrepreneurial Friendships Across Industries" 01:10:44 "Bail Count Tracker Origin Story" 01:21:19 "Learn AI, Solve Business Problems" 01:26:45 "Embracing AI and Opportunity" 01:37:54 "Planning for Family Legacy" 01:53:55 Men and Emotional Vulnerability 01:59:15 "Reflect, Quit, Plan Ahead" ------------------------------- ⚠NO FINANCIAL ADVICE / DISCLAIMER⚠  The Information discussed and shared on Barn Talk is provided for educational, informational, and entertainment purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or success for any particular purpose. The Information contained in or provided from or through this podcast is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other advice. The Information on this podcast and provided from or through our content is general in nature and is not specific to you, the user or anyone else. You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented on this podcast without undertaking independent due diligence and consultation with a professional, professional broker or financial advisory. Understand that you are using any and all Information available on or through this website at your own risk. RISK STATEMENT– The trading of Bitcoins, alternative cryptocurrencies, NFTs, individual stocks, etc. has potential rewards, and it also has potential risks involved. Trading may not be suitable for all people. Anyone wishing to invest should seek his or her own independent financial or professional advice. Learn more about your ad choices. Visit megaphone.fm/adchoices