Find out how Calgary is leading the agribusiness revolution: http://www.calgaryagbusiness.com
Edgar's Feed and Seed: https://www.edgarsfeedandseed.ca/
I know many of you are entrepreneurial. Maybe you’ve dreamed about starting a company. But there are many established companies that are looking for their next owner. In 2013, at the age of 23, Elliott and Rebecca Miller acquired Edgar’s Feed and Seed in Ontario, Canada. Through a good relationship with the previous owner, Elliott and Rebecca were able to utilize seller financing to buy the local ag retail company. Now after 10 years of ownership, they’ve been able to not only keep it afloat but to grow and expand.
In 2013 at the age of 23, Elliott and Rebecca, purchased a business, got married, and bought a farm. That’s a busy year! The business they bought is Edgar’s Feed and Seed, which today offers retail products for livestock and agronomic services for a wide range of crops. They’ve also started carrying frozen meats, cheeses and other specialty pantry items from all over Ontario and Canada. They purchased the business from Niel Edgar, who was Elliott’s boss there at the time, and now works for the Millers as an employee of the company.
Today’s episode will focus on their journey to acquiring a business at such a young age, making it work in the early years as they paid it off, and how they’ve grown it since. This is a pretty inspiring couple, and hopefully will help get your wheels turning about business opportunities in your local area.
FoA 385: The Private Equity Playbook with Kevin Schwartz of Paine Schwartz Partners
FoA 384: Infinite Banking and Farming Without the Bank With Mary Jo Irmen
FoA 383: Artificial Intelligence That Adds Real Value to Farmers with Craig Ganssle
FoA 382: [History of Agriculture] Carl Bosch and the Agtech That Changed the World
FoA 381: Is There An Anti-Farming Agenda?
FoA 380: Equity Capital for Farmland with Ben Gordon and Kyle Mehmen
FoA 379: The Farm Entrepreneur Mindset with Evan Shout of Maverick Ag
FoA 378: Adventure Capitalism with Legendary Investor and Author Jim Rogers
FoA 377: Leveraging Data to Advance Cattle Genetics With Lee Leachman
FoA 376: Agroforestry on Commercial Midwest Farms with Kevin Wolz of Canopy FM
FoA 375: Soil Carbon Sequestration and Grazing Management with Paige Stanley, Ph.D.
FoA 374: The Potential for Perennial Grains with Peter Miller and Brandon Schlautman of Sustain-A-Grain
FoA 373: Soy Innovation with Meagan Kaiser of the United Soybean Board
FoA 372: [Startup Spotlight] Managing Farm Labor with Joshua Farray of FieldClock
FoA 371: Family Farms and Healthy Communities with Blake Alexandre of Alexandre Family Farm
FoA 370: [History of Agriculture] William J Morse, the Father of the US Soybean Industry
FoA 369: Farm Products, Performance and Perception with Randy Barker of INTENT
FoA 368: Corteva's Digital Transformation with Brian Lutz
FoA 367: Is Agriculture Ready to Collaborate on Data? Jeremy Wilson of AgGateway
FoA 366: Agriculture, Economics, and Data with Aaron Smith, Ph.D.
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