Phil Hord: Family Farm Profitability | Ep. 142

One key skill for businesses to remain profitable for a long time is being able to adapt to the constantly changing world around you to meet the needs of your customers and your employees. Hord Family Farms has been successful for many years, and in this episode, Phil Hord shares with us his experience joining the family farm as the 5th generation and what he has learned from the experience.

"𝘒𝘦𝘦𝘱 𝘵𝘩𝘢𝘵 𝘮𝘦𝘯𝘵𝘢𝘭𝘪𝘵𝘺 𝘰𝘧 𝘣𝘦𝘪𝘯𝘨 𝘢 𝘤𝘰𝘯𝘵𝘪𝘯𝘶𝘰𝘶𝘴 𝘭𝘦𝘢𝘳𝘯𝘦𝘳. 𝘐𝘵 𝘴𝘰𝘶𝘯𝘥𝘴 𝘢 𝘣𝘪𝘵 𝘤𝘭𝘪𝘤𝘩𝘦, 𝘣𝘶𝘵 𝘐 𝘩𝘢𝘷𝘦 𝘯𝘰𝘵𝘪𝘤𝘦𝘥 𝘢 𝘭𝘢𝘳𝘨𝘦 𝘥𝘪𝘧𝘧𝘦𝘳𝘦𝘯𝘤𝘦 𝘪𝘯 𝘱𝘦𝘰𝘱𝘭𝘦 𝘣𝘦𝘵𝘸𝘦𝘦𝘯 𝘵𝘩𝘰𝘴𝘦 𝘵𝘩𝘢𝘵 𝘢𝘳𝘦 𝘴𝘵𝘪𝘭𝘭 𝘵𝘳𝘺𝘪𝘯𝘨 𝘵𝘰 𝘭𝘦𝘢𝘳𝘯 𝘯𝘰 𝘮𝘢𝘵𝘵𝘦𝘳 𝘵𝘩𝘦𝘪𝘳 𝘢𝘨𝘦, 𝘢𝘯𝘥 𝘵𝘩𝘰𝘴𝘦 𝘵𝘩𝘢𝘵 𝘵𝘩𝘪𝘯𝘬 𝘵𝘩𝘦𝘺 𝘢𝘭𝘳𝘦𝘢𝘥𝘺 𝘩𝘢𝘷𝘦 𝘦𝘷𝘦𝘳𝘺𝘵𝘩𝘪𝘯𝘨 𝘢𝘭𝘳𝘦𝘢𝘥𝘺 𝘧𝘪𝘨𝘶𝘳𝘦𝘥 𝘰𝘶𝘵." - 𝗣𝗵𝗶𝗹 𝗛𝗼𝗿𝗱

𝗪𝗵𝗮𝘁 𝘆𝗼𝘂 𝘄𝗶𝗹𝗹 𝗹𝗲𝗮𝗿𝗻:

1. Younger minds entering family farms

2. Keys to keeping a hog operation running for several generations

3. Bringing value to the business in a director position

4. The value in research at production facilities?

5. Transitioning from finance to research

6. Key points

𝗠𝗲𝗲𝘁 𝘁𝗵𝗲 𝗴𝘂𝗲𝘀𝘁: Philip Hord is the Director of Sow Production and Research and Development at Hord Family Farms where he currently leads the sow production teams, as well as research and innovation initiatives for the business. He is the first of the 5th generation to join the family business. Before joining the business, he attended Cedarville University where he gained his Bachelors of Business Finance in 2015. He also went outside the farm to gain experience in swine farming, interning at both Fair Oaks and Clemens Food Group.

𝗟𝗶𝘀𝘁𝗲𝗻 𝗼𝗻 𝗔𝗽𝗽𝗹𝗲 𝗣𝗼𝗱𝗰𝗮𝘀𝘁𝘀, 𝗦𝗽𝗼𝘁𝗶𝗳𝘆 𝗼𝗿 𝗮𝗻𝘆 𝗺𝗮𝗷𝗼𝗿 𝗽𝗹𝗮𝘁𝗳𝗼𝗿𝗺.

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