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 365: Sensing from Soil to Storage with Ehsan Soltan of Soiltech Wireless
FoA 364: Supporting Soil Health with Dr. Steve Rosenzweig and Dr. Abbey Wick [Soil Sense Crossover]
FoA 363: Automation Opens the Floodgates for Aquatic Plant Production with Jason Prapas of Fyto
FoA 362: Value Chain Data with Dr. Tye Perrett of Feedlot Health by TELUS Agriculture and Consumer Goods
FoA 361: Meet Norm, FBN's AI-Powered Ag Advisor with Kit Barron and Charles Baron
FoA 360: Connecting Communities Through Chocolate with Patrick and Mara Tcheunou of Bibamba
FoA 359: The Economics of Indoor Ag with Jeff McKinnon of TruLeaf Sustainable Agriculture
FoA 357: Buying an Established Ag Retail Business with Trent Kubik of Elevate Agronomics
FoA 356: Seven Business Ideas for Ag Entrepreneurs
FoA 355: Tule Technologies Acquired by CropX with Tom Shapland and John Gates
FoA 354: The Gap Between Information and Implementation with Robert Saik of AGvisorPRO
FoA 353: Connecting Tech Entrepreneurs to the Produce Industry with Vonnie Estes
FoA 352: Autonomous Electric Crop Dusters with Michael Norcia of Pyka
FoA 351: Agritourism and Adding Value on the Farm with Allan Robinette
FoA 350: How to Get the Word Out in Ag with Sarah Mock and Travis Martin
FoA 349: Robotic Harvesting and Beyond with Kyle Cobb of advanced.farm
FoA 348: Investing in the Future of Fertilizer with Sarah Nolet of Tenacious Ventures [Agtech - So What? Crossover]
FoA 347: Upcycled Fruit with Ben Moore of The Ugly Company
FoA 346: Comparing 13 Different Carbon Programs with Dr. Alejandro Plastina
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