Turn good into great with 3 moves for wealth creation Ep. 119

If you want more control, confidence, and options in your business, building strong financial skills is one of the most powerful steps you can take. This episode shows you how to strengthen those skills so you can grow long‑term wealth and stay steady through whatever the season brings. DairyNZ business specialists Sarah Brown and Paul Bird break financial management down into three simple parts: profit, drawings, and investing. You’ll learn how to benchmark your performance and budget with purpose so you can spot opportunities early and stay ahead of rising costs and changing payouts. They also share practical habits to reduce stress, smooth out variability, and avoid surprises - and explain how to invest surplus cash wisely, from essential upkeep to growth opportunities. You’ll also discover levy‑funded tools you can use today - like DairyBase benchmarking, budgeting templates, cashflow tools, and courses such as Mark and Measure and Business by the Numbers - to keep building capability and confidence. Links mentioned in this episode: Annual Cash Budget Template Partial Budget 10-year equity forecast tool Monthly Cashflow Budget Fonterra Suppliers Get more DairyNZ business tools and resources View DairyNZ business information Discover the benefits of benchmarking your business against others - Join DairyBase Upskill with Dairy Training – find free training options. Mark and Measure is back for 2026 in Taupo (12-14 May) and Hanmer Springs (14-16 July). Find out more and register here. Disclaimer: The content in this podcast includes general commentary on market trends. It should not be considered as investment advice. Certain transactions, such as those involving futures, options, and high-yield securities, carry significant risks and may not be appropriate for all investors. We advise seeking independent legal or financial guidance before making any investment decisions. Have feedback or ideas for future episodes? Email us at talkingdairy@dairynz.co.nz Connect with DairyNZ Stay up to date with advice, latest research, tools and resources. Read, browse, scroll, listen, or be there in person. Visit dairynz.co.nz/get-connected

You can listen to Turn good into great with 3 moves for wealth creation Ep. 119 online on Radio and Podcast. Open the player on this page to stream the available audio.

Turn good into great with 3 moves for wealth creation Ep. 119 is an episode from Talking Dairy by DairyNZ.

This episode is 24:59 long.

This episode was published on Mar 5, 2026.

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