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Ronald
Patenaude, Patenaude Farm, Holland Center,
Vt.
“Dairy farming is in my blood,” Ron says. Back in 1994, when his dad was thinking about retiring, Ron decided to ensure that the family farm would not only survive, but thrive. Today, after just eight years in business for himself, Ron is even more dedicated to dairy farming. (Of course, his dad never really did retire. He just "slowed down” to working 60 to 70 hours a week for his son, rather than for himself!) Recently, Ron said, “I’ve taken the cards I’ve been dealt in today’s dairy economy, and learned to run a tight business. When milk prices improve, I will have lived through a good lesson, and know how to be more profitable. “I’ve learned so many other lessons since I first started in business, from how to take advantage of available resources to how to look on the bright side when I’m discouraged. “Loren Petzoldt, my Yankee Farm Credit loan officer, has taught me many of these lessons. I frequently bounce around ideas and discuss my plans with him. Loren is a financial expert. I am a businessperson. I take advantage of his expertise to help my business. I need Yankee to help finance my business, keep my financial records and prepare my taxes, but I also rely on their advice.”
Because Ron is also father to 5-year-old Kati and 3-year-old Jacob and a husband to Jennifer, he keeps another important lesson close to his heart. “I take every Sunday off when we are not sugaring or cropping, because Sunday is family day, and I also take a week’s vacation every year.” Clearly, Ron is putting a great deal of energy and creativity into running a profitable business, and, from all appearances, he is also refusing to put his life and family on hold to be successful. Now that’s one astute entrepreneur! Click
on the name of each of the entrepreneurs or graduates below to find out
more about the road they traveled:
"Graduates":
Click here for more information about our Young, Beginning and Small Farmers Program.
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Global marketplace Power of Collaboration McMahon Thoroughbreds PR Strategy... What goes down . . . Why you need financial... Opportunities abound... Smooth transition Managing your land Avoiding common mgt.... Can outsourcing... Risk Management... Entrepreneurial Spirit... Business Reports Help... Customer. Stockholder. Farm Credit Lease Diverse Customer Base Young Entrepreneurs Ben & Andrew Saenger Dean Rheaume Keith Sprague Mike Garrow Pete Norris, Jr. Graduates Ronald Patenaude Bruce Bascom Chris & John Laggis |
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