Counting the Costs: My 2nd Year Flower Farming Losses
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- Опубликовано: 21 июл 2024
- Flower farming can be an expensive side hustle. In this video, I share my experience of running a flower farm and the costs associated with it, as well as the lessons I learned from my second year of farming. If you're considering starting a flower farm, this video is a must-watch!"
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Love your energy and confidence! Good luck with 2023!
Thank you for your honest feedback on how your past seasons have gone. Best of luck in 2023.
Dave Ramsey changed my life. I had a feeling you guys were doing DR. Keep going!! When it gets hard, KEEP GOING!!!
I promise life is amazing on the other side!!
Thanks kmags!! We've paid off about 10k since October from selling everything we could and from working side hustles. I'm so looking forward to the day when we can be free of debt!
Thanks
Good for you doing Dave Ramsey!! Maybe you could offer a bouquet subscription to your coworkers and that would give you a few dollars for seeds. It'll be a good learning experience to keep expenses lower and make a profit! Northlawn Flower Farm started with only $50 worth of seeds her first year. Now that would take self-control :)
I love you use the Dave Ramsey method!!! 😘
I appreciate this video so much....
Your cash flow method has me inspired!! It takes a lot of willpower to resist buying things for the farm but it's great for forcing you to be resourceful in other ways to make it work!!! You got this!! 💪
Thanks Jessica!
Thank you for sharing with us I think you did awesome. A business does not become profitable over night so you have to keep at it.
The stuff you are learning is very important.I am just starting a nursery myself and I learn so much from honest videos like yours.I think you are doing well and I wish you lots of success.
Thank you Rick!
You are right about everything taking longer on a flower farm while YT’ing 😅🙃
What a great video! I really admire your willingness to share your journey. I totally relate to the debt payoff. Thank you for your honesty. Good luck!
Thank you Shannon!!
Great video Jesse! I forgot that you used a planner! I use "The Happy Planner" planners. I love how you can customize it, and insert graph paper or other lined paper, or blank sheets, etc. you can even print sheets, and cut them to size and insert them in. I have lots of graph paper sheets that I put in to plan out beds and things. I also love how you can take the paper out and write then put it back in, I hate having the rings in the way when I write, being left-handed! Anyways, I think you did great on sales! If you keep selling more and more each year, and cut back on the spending on things that aren't making you money, you'll be turning a profit in no time! My goal is also to do the same thing- to be able to grow this business without having a ton of debt to pay off... It's easy to see what the larger, more successful farms are doing and to get caught up in it, and feel like we need to be doing the same thing, though. But I have to remind myself, that I don't need to buying 1000's of tulips, when the year before, I only sold a couple tulip bouquets... I don't need to till an entire acre for growing cut flowers, when I'm not selling the # of flowers to demand growing in that large of a space... Year over year, as my sales grow, then I will grow more, but I don't need to go from 0 to 60 in my 1st couple years...
Now that doesn't mean I can't feed my desire and love for ranunculus by buying a couple hundred just for myself- but I need to KNOW that they are going to be for myself, & KNOW that I'm not going to sell hundreds of $'s worth of ranunculus. I can't lie to myself, and say that they're "for the farm"
😁 For the amount of bouquets I sell, I really only NEED about 20 ranunculus... lol.
Thanks Candace! Oh i'll have to check them out!!
You're doing a great job and I'm pulling for you! I am also trying to keep my farm budget in check.
Thanks Shannon!! You can do it!
What relief you must feel to have a plan for success going forward. Great news on breaking the $10,000 mark in only your second year of flower farming. Next year will be even more awesome with your great attitude and personality!. You got this !!!
Thank you Lisa!!
We have been looking forward to this video!!
Sorry it took so long to get out! Better late than never. Thanks for staying around!
Hey girl, when it's a struggle, it for sure is a real struggle. I got caught up once too. Social media was shoveling ideas and plans into my mind about being bigger, better, stronger. The best compost, make your own, the biggest and best sales for seeds, trays, soil blockers and on and on. I caught the flower farm bug hard and did all kinds of wacky crap. Super early seedlings, sales, tulips sales..ugh. looking back it was exhausting. Like you I work 40 hrs a week. I started my flower growing lifestyle over covid when I had time. I made a few hundred dollars off the end of my driveway and 2 farms in the area but thier demand was ridiculous 😑 and as 1 person, I just couldn't. I have learned now, year 4.. use what you have, do what you can handle and enjoy. I grow flowers now to enjoy them and make full stunning bouquets and still sell them. I cut back on space too. More space meant more work. I love watching you because you are realistic. I love Serina too, but feel her and Ian are getting too lost in thier own minds and need to just focus and remember how to enjoy the flowers instead of running ragged. My word of advise, don't let time burden you. Remember the joy of flowers. Happiness first, money will follow xo Don't try and manage your life, let go and relax. Focus xo Love, Mellisa @ivyandashboutique
Thank you Mellisa! I'm slowly learning that lesson. I really get enjoyment from doing to farmers market and being known as the flower lady around ruston. I'm hoping as I scale back, and start to concentrate on fewer plants, that I can manage it better.
You will xo you will also be able to focus on more meaningful bouquets for your lifestyle business. Do you know what a lifestyle business is?
A lifestyle business is simply part of your daily life! I love that you are receiving love and being recognized by your town as the Flower Lady, that's a great title! You are the face of your lifestyle business, you bring the light and the joy, you engage and take the time to bring happiness to others and people are excited to engage with you!! Like me!! I just think you are fantastic and it's not because of the flowers, it's You. You are a relatable woman, who works, who has dreams, a vision, who looses her mind sometimes..high five to that!!! I'm the same way. You could probably sell 1 dahlia wrapped in beautiful greenery, add a tag that says, Jessie's favorite. Tell people about the process and meaning behind your favorite fliwer and the would sell!! You are your business and you are really doing a fantastic job learning naturally how to run a sole propeitership/lifestyle small business 👏 I too, hit a brick wall...it's ok, you are not broken 😀 I'm cheering for you!!
Yay! That’s awesome!!🎉
Congratulations on all that you've accomplished. The baby steps really work! My husband and I paid off our debt and our mortgage with them and we're much happier without that stress.
You are smart to slow down and not over extend yourselves. You've got this!😊
Thank you Heather! We've paid off 10k since October, and hoping to be free of everything except the house mid 2025.
@@45jessiemad
That's awesome! Congratulations!
Wishing you lots of luck this year on the farm Jesse!!!
Thank you so much!! ☺
Thank you for sharing this! I love how you are on a debt free journey, that is so great! Keep going, you can do it!!
Thank you Mirjam Jager!
I bought one of your sweatshirts so I kinda feel special that Im one of the five with your merchandise 💕💐
Thank you Melissa!!! Your support is amazing!
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You’ve learned so much, 2023 is going to be fantastic! 🎉
Thank you! 😊
Congrats 10 k!
Thank you Juha! I was so happy to see how much I actually brought in for 2022.
It is a learning curve.. every year you will improve. I am a little bit afraid of this inflation and recession threth this year. But I target to sow 50000 seeds this spring.. last year I was sold out.. I think you have the same problem. Not enough flowers planted.
Hi Jesse! So happy to be on this journey with you❤
Thank you Tiffany! Glad to have you on it with me. :)
VERY VERY GOOD JOB, you always inspire me,I started flower farming in the year of 2021. so 2022 was my first year to take it to the market.I had only 22 CSA customers ,that is IT, looking forward to this year.Thank you sooo so much for being so transparent .
Thank you for the video.
Thank you for watching Marlyana!
Your farm is beautiful and I'm really happy that you're making some money doing something so lovely. Thank you for putting in the extra effort to share these videos ^.^
Thank you Onnivin! it's time consuming to do the videos, but I absolutely love sharing my journey with everyone, and making flower friends across the world. :) Thanks for watching!
Great video! Go with the speed of cash! It's so easy to go in debt. I, too, need to be more aware of spending. It's so easy to buy everything for the farm:)
Thanks Madonna! Yep that's the plan from now on. you are so right, it's so easy to go into debt!
Best of luck with it Jesse. Thankyou for all the videos which I really enjoyed watching.
Thank you for watching and joining me on this journey Diane!
I love YNAB! It has changed our finances for the better. I am so impressed with your debt free goal for your cut flower farm! I am going to really enjoy following this year. I know how hard it is to curb the spending for farm stuff. I am aiming to spend less on our farm category after looking at the annual spending reports in the YNAB app for 2022 spending. Good luck with everything, praying for a prosperous year.
Yes Julie!! YNAB is amazing! We've been using it since 2020 i love being able to look back at my reports of how much I spent where. Hope you have an amazing farm year!
Cheering you on from Southern BC Canada 🍁🍁. Thank you for the great content and sharing your experiences!
Thank you Jennifer!!! Glad to have you on this flower journey with me!
Great to see you Jessie! ❤🇮🇪
Thanks Veronica! it's great to be back! :)
2023 is going to be your year. I just know it!
Thank you Kc Beyer!
Very good information Jessie 👍. (The gardener's workshop) with Lisa Mason Ziegler is another great video to watch .she is growing flowers but no bulbs . it's great to watch and see the difference of bulbs and no bulbs.
wow, you are able to accomplish so much with a full time job and a family with kids plus doing flowers! You should be very proud of yourself and I love your positive attitude and how authentic you are! Cheers for 2023!
Thank you Bergen!
Those are some fantastic sales numbers! I think you will crush it with a little limiting, as it will help you focus on what really is worthwhile to grow on your farm.
Thanks RDED! I hope you're right. Looking forward to see what this year brings. :)
Just ordered a mug. You rock.
Thank you so much Barbara!! I personally love the coffee mugs!
Hope you make even more this year! I'm just a home gardener but love watching your videos. Bonny zone 5b Canada
Thank you Rich!!
Hey Costly!!❤
Dave Ramsey is great! Good for you!!!
Thank you EyreRose! It's been hard to make the changes, but it will be so worth it!
You’ve done a great video, great to hear how you’ve done in year three, we have our RUclips channel and are showing setting up a brand new flower farm!!!! ❤
Although we’ve been farming 3 years.
Amazing vids xxx
Thank you!
Well done love, you did so well last year❤. How about you start a Buy Me A Coffee for your compost? Love you Videos been missing them. Keep well, know we are all praying for you.❤
Thank you Sarah for the super thanks!! You are amazing as always! What's a buy me a coffee for my compost? I've never heard of it. Just finished my update video so there will be another one out next week. I'm on a roll!
@@45jessiemad Buy me a coffee is a way fans of your RUclips channel can help you. Lots of RUclipsr's have it, pretty sure even Nicole has it from Flower Hill Farm. If you Google it, it will explain it alot better than I can. 😘
I used Dave Ramsay's technique, to pay off our house and vehicles so my husband could retire. Great plan. Keeps you accountable. And after a year you realize just how much money u wasted on things that have no lasting value. Good luck hun you can do both.
Yes!! We've cut out so many things, its amazing seeing where all your money goes.
Yes, this journey of life, flower farming and everything in between Is def a learning position, and when we have a teachable spirit it sure helps!! The Lord God provides as we walk out our calling and In obedience to Him, Amen. I pray this 2023 is such a blessing that we financially are heaped up so we can give to share the Truth Of Jesus Christ even more and bring Glory to Him, Amen and amen
Amen! Thank you Kimberly!
Gran saludo
Thank you!
Wow that's awesome! Good for you. Hopefully you'll be able to spend less and less. And save a few of your own seeds could help too.
Thanks Brampton Gardener! That's the plan!
Yeah for you, $10,000.00!!!
So glad you are doing the cash and carry, debt is never good in my opinion.
Hello sweet lady
Hello 😊
Hi and Happy 2023. You need to remember you are only 2 years into flower farming and you shouldn't expect financial wellness yet. I was doing Dave Ramsey's "Financial Peace" before Dave Ramsey started it. It does lower the stress. Pay yourself first and then pay everyone else and you'll be okay. Serena on "You Can't Eat the Grass" is going into year 5 and hopes to make money this year. She went from an extremely negative $ amount to a negative $5K for 2022. Do what she does when a bouquet doesn't sell: hang it upside down, dry it, and then sell it as a dried bouquet. After they crack color, pull the tulips up by the bulb and store them that way and they store for weeks. Then you remove the bulb when you're ready to make the bouquet. Flowers that break apart, dry the petals and use for potpourie (can't spell it). Then sell the bags of it. Before I moved and I needed display buckets, I found the Walmart plastic trashcans that look like marble and got a couple dozen on sale for $1.92 each. Ok, it's a pain to not have a handle, but I don't need the handle to display the flower bouquets. I can use any bucket to collect flowers in. Find ways to save money, but don't lose your business because you haven't yet made money. You have to have patience. You make beautiful bouquets. You Tube (which I don't do) takes time. Every video you should request viewers to "like" and "subscribe". I remember when you were trying to get 1K subscribers and now you have tripled that. The more subscribers you have, the more watch time you'll have, and the more you'll make. From what I understand, it comes in spurts. Everytime you watch someone's video, make a comment and mention your channel too. Every time you write an email (personal one), put your RUclips channel link. You'll get there. Congratulations on working on getting out of debt. Think of all the interest you won't be paying! Keep your chin up and know you're on a great path.
Thank you for everything Jill!