Originally Posted by dale06
Small town shoe store with cobbler, mom and pop grocery stores, and many other “businesses” that used to exist are gone forever. And farming as a life style is gone as well. Farmers that were content to stay and work their 160 acres as their sole family income are long gone. Farmers that had 160 acres or more and grew that size of farm can make it, if they run it like a business and not just a life style. I can cite many examples of both, in my family those that did not grow, and lost the farm, and those that were smart enough to grow and manage as a business and have done well.
This is worth repeating. Same as any other small business, it has to be ran like a business, not a lifestyle.