In this episode of the Farm4Profit Podcast, we're honored to welcome Justin Bruch, a fifth-generation Iowa farmer and Co-Founder of AgFunder.com. With a rich background in agriculture spanning four continents, Justin brings a wealth of experience to the discussion.

Justin's journey in agriculture began on his family's farm in Iowa, where he cultivated a deep appreciation for the land and its potential. After earning his bachelor's degree in Agronomy from Iowa State University in 2000, Justin embarked on a remarkable career that has taken him across North America, South America, Europe, and Africa. Along the way, he has gained invaluable insights into different agricultural practices, market dynamics, and investment opportunities.

As the Co-Founder and Chairman of AgFunder.com, Justin has played a pivotal role in revolutionizing agriculture crowdfunding. With a 100% focus on funding agriculture projects, AgFunder.com has become one of the largest platforms of its kind in the world, empowering farmers and entrepreneurs to bring their ideas to life.

In our conversation with Justin, we explore the intriguing topic of land investment and its significance in securing the farming future. We delve into the reasons why people invest in land, examining its long-term benefits and potential for growth. Justin shares his insights on alternative methods for land acquisition beyond traditional means, such as inheritance, cash purchases, or bank financing.

Furthermore, we discuss the economics of purchasing land in the current environment, addressing common concerns about cash flow and record-breaking land prices. Justin sheds light on how implementing organic practices can affect access to land, highlighting the challenges and considerations involved in transitioning to organic farming.

One particularly fascinating aspect we explore is the role of land investment in the carbon market. Justin explains how investing in land can contribute to carbon sequestration and water conservation, aligning with sustainable farming practices and environmental stewardship.

Throughout our conversation, Justin emphasizes the enduring appeal of land investment, despite potentially lower returns compared to other market options. We examine the non-monetary benefits of land ownership, including lifestyle factors, legacy considerations, and the satisfaction of preserving the environment.

As we look to the future, Justin shares his predictions for emerging trends in land investment and sustainable practices. He discusses potential challenges and opportunities on the horizon, offering valuable insights for farmers and investors alike.

Don’t forget to like the podcast on all platforms and leave a review where ever you listen!
Website

www.Farm4Profit.com

Shareable episode link

https://intro-to-farm4profit.simplecast.com

Email address

Farm4profitllc@gmail.com

Phone

515.207.9640

Subscribe to YouTube

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@bmreadel Instagram 1.6k TikTok 661 Facebook 1.2k Twitter 14.6k

Sukup Booth 2/29/2024 11:00 AM

Bridgette Readel

• How’s the family - do they farm with family?
• Wife, mom, passionate agriculturalist, NDSU Bison & rhubarb advocate
• What do they want to make sure they see before they leave
• About Bridgette
• Farm kid extraordinaire…..NDSU grad
• Both herself and husband are heavily involved in agriculture and have two adult children
• Graduated as a high school ag teacher….Now active teaching adults about agriculture product
• +25 years of industry experience in sales and technical agronomy
• Worked for Corteva for 10 yrs (until 2022) - market development specialist, enlist field specialist
• Served as mentor and trainer for +70 students and new hires in sales
• Active public speaker, radio host, sales mentor
• Ag director at WDAY 970 AM - broadcasting and media production
• Lilac Lane Media
• Agriculture sales training…Negotiations training for ag sellers, personality styles, media training
• Weekly Ag Education
• Voice Overs
• Partners: Rural Minds: mental health … Ag Mafia … Agronomy on Ice
• Nooner Chats on twitter - little podcast episode with different guests
• Right now, who inspires you?

Would you rather

• Be constantly itchy or constantly sticky
• Eat cold pizza or hot cereal for breakfast
• Have a cow or horse living in your house
• Been the oldest or youngest child in your family
• Live in a boat or a treehouse
• Publicly speak or do a voice over
• Go to a trivia night or go to a standup show

Don’t forget to like the podcast on all platforms and leave a review where ever you listen!
Website

www.Farm4Profit.com

Shareable episode link

https://intro-to-farm4profit.simplecast.com

Email address

Farm4profitllc@gmail.com

Phone

515.207.9640

Subscribe to YouTube

https://www.youtube.com/channel/UCSR8c1BrCjNDDI_Acku5Xqw

Follow us on TikTok

https://www.tiktok.com/@farm4profit

Connect with us on Facebook

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In this insightful episode of the Farm4Profit Podcast, we explore the fascinating world of Micro-Captive Insurance with none other than Van Carlson, the esteemed Founder & CEO of SRA. With over twenty-five years of experience in the risk management industry, Van brings a wealth of knowledge and expertise to the table, sharing valuable insights on how small to mid-market businesses can leverage 831(b) Plans to effectively manage their property and casualty risks while enjoying significant tax benefits.

Van's journey in the industry began with Farmers Insurance Group, where he started as an agent and swiftly rose to prominence, growing his book of business to become one of the largest in his home state of Idaho. Today, his primary goal is to continue the upward trajectory of SRA, constantly innovating and developing new products to meet the evolving needs of the market.

The heart of this episode lies in understanding the intricacies of 831(b) Plans and how they offer a unique opportunity for business owners to retain up to 50% of their risk and premiums. By placing funds in a tax-deferred 831(b) Plan, businesses can build a funded reserve for potential losses, thus gaining greater control over claims and even participating in underwriting profits within their plan. It's an ideal strategy for savvy business owners willing to take calculated risks for greater rewards.

Van also draws parallels between 401(k) and 831(b) accounts, shedding light on their similarities in terms of tax benefits, contribution limits, and compliance requirements. However, the real magic of 831(b) Plans lies in their ability to mitigate various business risks that may not be covered by traditional insurance, such as supply chain interruptions, cybersecurity attacks, and even brand damage.

Delving deeper into the history of 831(b) Microcaptives, Van discusses the legislative milestones and regulatory framework that have shaped their evolution over the years. From the Tax Reform Act of 1986 to the more recent PATH Act of 2015, which increased premium amounts and introduced inflation riders, these legislative developments have made 831(b) Plans an increasingly attractive option for businesses seeking comprehensive risk management solutions.

Join us as we unravel the complexities of Micro-Captive Insurance and discover how it can be a game-changer for your business's risk management strategy. Whether you're a seasoned entrepreneur or just starting out, this episode offers invaluable insights into safeguarding your assets and maximizing rewards in today's dynamic business landscape. Tune in now to learn from the best in the industry and take your risk management strategy to the next level.

Don’t forget to like the podcast on all platforms and leave a review where ever you listen!
Website

www.Farm4Profit.com

Shareable episode link

https://intro-to-farm4profit.simplecast.com

Email address

Farm4profitllc@gmail.com

Phone

515.207.9640

Subscribe to YouTube

https://www.youtube.com/channel/UCSR8c1BrCjNDDI_Acku5Xqw

Follow us on TikTok

https://www.tiktok.com/@farm4profit

Connect with us on Facebook

https://www.facebook.com/Farm4ProfitLLC/