Transforming a farmer into an entrepreneur

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dc.contributor.author Rajapaksha, Shyama
dc.date.accessioned 2024-08-20T06:49:50Z
dc.date.available 2024-08-20T06:49:50Z
dc.date.issued 2024-05-10
dc.identifier.citation ISAE en_US
dc.identifier.issn 1800-4830
dc.identifier.uri http://ir.lib.ruh.ac.lk/handle/iruor/17215
dc.description.abstract Basically, farmer should not be just a producer but also a potential business owner. It is essential for farmers to adopt an entrepreneurial mindset which involves taking risks, seeking opportunities, being proactive in decision making, embracing creativity, demonstrating resilient, managing risk effectively and adopting to changing circumstances etc. To begins with farmers, need to identify opportunities through thorough market research. This research should focus on discovering potential niches or gaps in the market where their skills and resources can be utilized effectively. Next farmers require assistance in developing comprehensive business plans. These plans should outline their goals, target market, products or services, marketing strategy, financial projections etc. To acquire the necessary entrepreneurial skills farmers should receive training and support in areas such as marketing, financial management, negotiation, and networking. This can be achieved through workshops, online courses or mentoring programmes. Access to resources and support services is also crucial. Farmers should be connected with government grants, loans, incubators, business development centers, and relevant industry associations or networks to help them thrive. Build networks is another key aspect. Farmers should encourage to establish relationships with other entrepreneurs, suppliers, distributors, and potential customers. Networking can provide valuable insights, opportunities for collaboration, and access to new markets. Adaptation and innovation are vital for staying competitive. Farmers should embrace new technologies, production methods, and business models to meet evolving consumer demands. Finally, persistence and resilience are essential for any entrepreneur it's essential to remind farmer to stay persistent and resilient in the face of obstacles or setbacks. Encourage them to learn from failures, pivot when necessary, and stay focused on their long-term goals. en_US
dc.language.iso en en_US
dc.publisher Faculty of Agriculture, University of Ruhuna, SriLanka en_US
dc.subject Business models and plans en_US
dc.subject Entrepreneur en_US
dc.subject Farmer en_US
dc.subject Financial management en_US
dc.subject Business incubation en_US
dc.subject Market analysis en_US
dc.title Transforming a farmer into an entrepreneur en_US
dc.type Article en_US


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