How Much Money Our Small Farm Made this Year

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About Gold Shaw Farm: Gold Shaw Farm is more of a farm-in-progress than an honest-to-goodness farm. We dream that someday we can transform our 150+ acre parcel of land into a regenerative and productive homestead and farm.

[@thefarmkid]

I like that you are willing to share what you make each year from the farm, so everyone can learn the business side of a farm.

[@Roon3808]

What he needs to do is provide a broken down list of his actual expenses though, not simply arbitrarily subtract a number from what he's sold. We need to see a cost of materials, cost of food, cost of maintenance, cost of vet bills, cost of fuel, cost of electricity etc. Morgan buys a ton of stuff for his farm, but we don't ever see a price for it.

[@rcooper3566]

@@Roon3808 yeh because that's all from the youtube money he conveniently leaves out 🤣

[@kosmocramer9468]

these costs were covered in the per unit cost rate he applied, as direct costs of operating, watch again. Other indirect costs like maintenance are not helpful to see whether the business is working, in a "gross" concept. The other indirect costs are covered later, and likely rolled into a management fee concept.

[@rcooper3566]

@UCy_TkgHiV6rlNnLG83ZK6Xw they are the same thing tho🤣 no farm? No youtube...

[@Roon3808]

@@kosmocramer9468 Maintenance costs are not helpful to see if a business is working?? Ah, the Penn Central method of business management 😂😭

[@maxellis3325]

I'd like to see a yearly report next year too. I like seeing how the farm is growing!

[@GoldShawFarm]

I will probably do another one next December

[@Lonesome__Dove]

Think he's done this for a couple yrs now.

[@maxellis3325]

@@GoldShawFarm Love it. Please do so if it is convenient for you! My main goal for watching you is to see you grow. I enjoy it.

[@ehombane]

an important factor is full time working on farm this year. so, next year growth will be not as spectacular as this year. but anyway, this year was impressive.

[@stephaniebarto6141]

I loved this video too. I enjoyed seeing how the numbers broke down. It helps me better understand how a farm works.

[@Trapper4265]

Speaking from a guy who grew up on a sharecroppers farm in Central Arkansas back in the late 60s through the 80s, your accomplishments are really impressive. I've been watching your videos for over two years, and I have to say your are a visionary and a hard worker. Just one tidbit regarding processed beef. I would change the phrase from "grass fed" to "grass fed and grass finished." Technically, you only have to feed your cattle grass once in its life to call it grass fed. Grass fed and finished means it was fed grass its entire life. For people living the Keto Lifestyle, that's a huge purchasing benefit. Keep up the good work. I love your videos! 😁

[@polarberri]

Wow this is a great tip even for mindful consumers! Thank you!

[@Moonwatery]

This comment broke my soul a bit

[@Falcodrin]

Legally theres gotta be at least a little more to the grass fed thing or else everyone would call them grass fed cause of that one bite they nibbled between being unlocked and put into pens.

[@christinapomponio6452]

I've been on keto now for a little over a month n I did not know that. I'm going to look at the beef in my freezer now to see wth I bought 😂 thank u (edit) on the front of the package it jus says "grass fed" but on the back where it tell you more it does say "grass fed and grass finished" also says never given any antibiotics or hormones. I remember reading that in the store but I didn't realize that "fed" and "finished" weren't really the same thing.

[@KevSharp_au]

hang on. You really want grain finished. IT is better for the meat flavour and the cow. Finishing on something like Alfalfa is going to make that meat taste icky. We only buy grass fed grain finished. Everyone wins, fatter happier cows and better meat flavour. Veganism has nothing to do with it. Our meat is of course hormone & MRNA free also.

[@kristinb5121]

Considering you never know how long the KZbin revenue potential will continue, it’s wonderful the farm is growing year over year. It seems like the KZbin income is a great way to build out the farm infrastructure. This breakdown is very interesting. It would be a wonderful tool for teachers in farming communities.

[@angelamarie4137]

I think your pricing is great. We pay about $30 for a duck here at our local meat market. I think it's a huge bonus for you because people see your birds on KZbin and know they're being ethically raised.

[@jenniferslezak8036]

That’s an incredible number and you should be so proud! Congratulations on the growth of your farm!

[@erikbudrow1255]

We honestly need WAY more of this info on KZbin. This was AWESOME. Thank you for educating us on the numbers and being thorough.

[@user-yi2mc1lu3w]

I hope you never have to pay taxes . With those gains you are going to pay very little if anything. You are doing a great service to a community. We need thousands of farmers like you spreading across our nation. Food is medicine.

[@ashleeknowlton5805]

$18,000 is a really respectable number especially compared to last year. I can't wait to see next year's numbers as the business continues to scale.

[@phammond8155]

He makes a sh*load of money from his other channels and promotions- probably bringing in 150K+ at least form YT alone.

[@alexisd8190]

@@phammond8155yes but KZbin isn’t his farm business really because yes it’s under the name and about the farm but it isn’t his animal or byproducts

[@potencjalnypracownik2966]

Also he has tons of cheap stuff to eat.

[@DestinRugers.S]

@@phammond8155 He's definitely under-representing how much fucking money he makes on KZbin... It's insane what he averages on a yearly basis...

[@phammond8155]

@@DestinRugers.S I had to stop watching him. His farm is too sloppy for my taste. Much better content with less hot air. But yes, he is making a LOT of $$ here.

[@LeafaR11]

I'm so glad that you share your revenues and expenses every year, Morgan. It shows us that your farm operations are getting more successful and it creates a better viewing experience with all the fun and wacky stuff that goes on in your vids. And hey, maybe even next year you can even start hiring farm hands and videographers/editors to assist you

[@oldmankaens]

I love spreadsheets and I gotta say this makes me want to continue to support my local farmers even more.

[@codymurphy6765]

I know you mentioned that some people wouldent want to see the break down on Excel sheets, but I LOVE that you do a yearly break down. Congrats on the year over year profit for 2022! I’m a new follower, so I have been binge watching to catch up, and now that I have, I love seeing new videos of your farm. You’re funny signature saying and naming SO many animals makes it feel like a big family. There is a world in which I choose to farm like you, but sadly it’s not this life, so thank you for letting me be apart of your farming life. It’s a nice way to break away from the 9-5 rat race. Good luck to you in 2023!!

[@samspade7360]

I'm impressed by the farm's revenue growth. Thanks for sharing, Morgan.

[@GoldShawFarm]

Thanks for watching!

[@thomasrovnak312]

Every year, this is the one video of yours that I am most interested in. I'm an accountant and I always find videos like these interesting. This is very informative and helpful. Thank you for sharing

[@thedude7319]

I love people being transparant about their money

[@stonescorpio]

As a numbers nerd and farm fan, I'm always happy to watch you go over spreadsheets! :D

[@GoldShawFarm]

Glad you like them!

[@elizabethbailey1493]

As an accountant and someone interested in having a homestead one day I really do enjoy these videos. It's a great resource for newcomers to get an idea of the reality of owning your own small farm. Also, with regards to your cattle allocations, I would divide the total expenses by the average number of cows you had this year. List how many cows you had each month, take the average, divide your total expense by that number and you will have approximately Kurt Cobain's (RIP ❤🐂) share. It's not perfect, but it would get you close.

[@Roon3808]

How so? He doesn't list or break down his expenses. This video makes it appear as if everyone with an acre of land should just add a beef cow for an extra $5000 every 2 years. He leaves out so many crucial costs.

[@kosmocramer9468]

he is allocating direct costs on a per unit basis, which is fair to analyze things in a simpler way. Of course there are other costs, but he notes multiple times that it is the "gross" profit concept he is working from, not a net concept. What may be a more interesting pending question is whether hobby losses will someday be an issue.

[@cfoofnyhs]

@@Roon3808 I agree with you.

[@cuznclive2236]

@@kosmocramer9468"hobby losses" He's an LLC (@~25:44). So no Hobby to report on a 1040. LLC profit/loss pass through to the shareholder(s) tax returns. I would have created a sub-S as an accountant, but lawyers are not CPAs and for whatever reason they recommend LLCs over sub-S corps. Would his numbers satisfy an audit... nope! But they give a good and general reference for those looking to do something similar.

[@cynthiavaldez5941]

I agree. As a recent accounting grad who is studying to pass my liscensing exams, having practical real world examples to draw from is very useful. Incidentally I was just was going over the special rules regarding farmers and self employment tax. One question that comes to mind is how cows would be classified for Accounting purposes? Are they an Asset? And if so can you take Depreciation? And what happens if you sell a cow for parts like Kirk Cobain and you earn a profit? Does Capital gains pay a role in this? Soo many questions.

[@carlycharlesworth1497]

Although I may never farm myself, it's still interesting to see how it's done and how each aspect of your farming life and work, comes together to help you run an ethical, environmentally friendly farm in the modern world. I was born in a farm back in Northern Ireland UK and I wonder how things were for my parents back in the day. Anyway, thanks for an interesting behind the scenes peek at your farm finances. God bless you and all those you love. And I hope you have a very Merry Christmas from my family to yours.

[@Richie23OO]

Morgan each year you do better and Better. Good Job Most Farms profits are Zero or in the Negative. So Well done.

[@mymonkey10]

That's an amazing increase from last year! I absolutely think that your farm will continue trending upwards in revenue... you're still learning, making adjustments, creating new products, etc... Thank you for being transparent, even though it's honestly nobody's business... Edited to include: Congratulations! It must be a wonderful feeling seeing the growth of Gold Shaw Farm!!!

[@davidchristensen6908]

One thing for sure. You have been open and honest from day one. Best wishes to your next years production

[@Roon3808]

But he's technically not. He hides his expenses, or at least doesn't openly list them. You also need to add in the price of equipment like the Kabota (yes i know it was bought a previous year), all the metal fencing and gates, even the small valves and hardware that needs to be fixed or replaced. Heck, even property taxes should be included as an expense. Unfortunately he makes it look like small farmers should be rolling in dough.

[@Kebria]

That was an amazing growth! Congrats! And the fact that you quit your daily job and dedicated yourself 24/7/365 to farming plays a decisive role.

[@nisaame]

I work for a small business and it’s not doing good. Had been a follower for quite sometimes and had always like your end of year revenue videos. But today, after watching I realized,for a small time anything, varieties does helps a lot. You can focus on your main product, but branching out and diversify will do good. Thank you so much. Great as always

[@essendossev362]

That growth trajectory is impressive! You could see that last year your growth had started to slow down, but then you went and expanded with the cows and clearly that was a wise decision. Good job managing so many mini businesses and planning for the future of your farm!

[@KevSharp_au]

where can he get to though?

[@samanthathomas4327]

This is awesome. The lil farewell from Ginny made my day. Hope all is well Morgan

[@Ina_5686]

Wow! I remember the amount you made last year and it's a happy surprise to see that huge bump on this year revenue! Great job, Morgan! I can tell you really love what you do and your animals. Great video!!!

[@janethamil9337]

You work hard for that money. Most people don't understand what all goes into raising livestock. I was raised on a livestock and grain farm and my Dad still had another outside job. Which meant my mother and I picked up our fair share of chores. Plus, have a couple of big gardens for canning. Running a farm is not a piece of cake, nor will it make you rich.

[@peggyriordan9857]

Congrats on doing so well this year. Doubling your growth is amazing and I hope it continues for years to come! Merry Christmas to you and your wife!

[@krisfinley6706]

Great year Morgan! I'm sure the farm will keep developing and generating more income as time goes on🙂 It was quite the risk starting it without having a previous farming background, and you guys are thriving! 👏🐮🐣🐶🐱

[@kathleendodds5309]

I don’t know about anybody else but I watched your report last year and I’ve been watching all this year and have watched the growth. I found it fascinating to be honest. You being a full time farmer I think helped you grow and I’m going to be watching what this new year holds for you. Best wishes for a successful new year!

[@rustyhowe3907]

This really IS impressive especially seeing you're not a large scale farm. As far as I know you're not up to your eyeballs in debts and are able to cover your taxes without starving or your animals going without, so you're doing fantastic with the added bonus of your social media audience!🏆

[@Sgod100]

Thank you for being open and sharing this with us. I absolutely love the shot of the chicken chasing after you two. 14:28 May you always make more than the year before.

[@manganvbg90]

Its great, your purpuse starting small and learning whats work and then slowly scale up seems to work!

[@sarahkleckner9439]

Great job Morgan! I’m so proud of you! Thank you for sharing so much with us!

[@TheHappinessOfThePursuit]

The value of your lifestyle cannot be counted. Your family will be strong and prosperous. ❤😊

[@SOEtacticalgear]

I farm to show myself I can feed my family and friends if need be and maintain my flocks to have meat on the hoof if needed. Everythingbekse is a bonus and content for creation.

[@extract]

Tree seedlings seems really profitable when factoring in the cost and work put into them.If you increased your seedling production by factor 10, you could pretty much make a living from seedlings alone.

[@ValleyOakPaper]

Being a plants-only farm can be really profitable, until suddenly it isn't. It's less work, but you're at the mercy of weather, animals and diseases. Diversification is a lot less risky.

[@bonniea.1941]

@@ValleyOakPaper That’s good advice for life generally too! 😊

[@juliemcgugan1244]

@@bonniea.1941 Yes, by having multiple revenue streams, Morgan is protecting himself and Alison in the future, as you only need one plague (bird-flu, Mad cow-disease, potato blight, MLND, chestnut blight, Dutch Elm disease, etc.) to come through and you potentially lose that whole revenue stream. If you diversify, then it may be only one stream (or even tree-type, within the tree sapling stream,) and you can still weather the storm with the others still producing a profit. A lot of farmers learned this the hard way with the BSE, bird flu, swine flu and foot & mouth epidemics over the years. This is why I like the small-scale farming model as well; because you can keep a closer eye on your animals and provide better care for each animals, than if you are farming on a larger scale. Economic crises are something altogether, but again, by relying more on some income streams than others, during hard years can help you make it through. You just have to make sure you have something that will hopefully always be in-demand and that people will be paying a good price for, since it is a good-quality product, produced in healthy, well-kept conditions where the animal had a happy life. To many, that is worth more than any savings you could make shopping in big-chain supermarkets.

[@NZKiwi87]

I’m curious about the cider apple seedlings, as my understanding was that most apples are on crabapple rootstock, so seeds will grow crab apples.

[@ValleyOakPaper]

@@juliemcgugan1244 Oh wow, I'd totally forgotten about the year in the 70s when every farmer in our village got Colorado potato beetle. Those beetles were everywhere! AFAIK all the farmers made it, but times were rough for farm laborers as well as e.g. tractor companies. When farmers have to cut down their spending, they start with labor and farm equipment.

[@finderinskaie]

That's incredible! I've been watching you since around 2019 and the growth your farm (esp the new animals) and your channel has gotten is so amazing to watch. I feel like I've been growing with Goldshaw farm year after year. Congrats on this accomplishment Morgan and Alison!!

[@ajastory]

Congrats on your success last year! It's really great to see your progress over time with additions and changes you make as you grow and learn more!

[@thomaspluijm4396]

I've loved watching your farm grow and expand over the years. I'm not an extremely long-time viewer (I started watching at the start of last year), but you've grown so much since I started. I can't wait to see what you have in store for next year.

[@jakeletteney1507]

Congratulations man that’s a big increase in a year and that shows your growing exponentially and the hard work is paying off.

[@kaylad2058]

I love seeing that you're not only breaking even but surpassing that and able to keep things going next year without too much worry!

[@gaylewatkins4685]

Thank you Morgan for the. 2022 farm update. Your hard work is paying off 👏👏👏👏

[@AangAirB]

It makes me happy to see the progression and I love the stats. Thank you for making them easy to understand and for being transparent :)

[@merpz]

I enjoy your videos and this to me is a very important part of a farm. It is also rare that a farmer would share numbers, it helps us understand some of the choices you do throughout the year. It comes full circle with this and it really is great. Thanks for taking the time! Looking forward to the money video after watching next years videos! :)

[@candaceburton1747]

I live vicariously through you, and I love sharing in your journey from "city slicker" to "Farmer in the Dell". PS-- I knew as soon as you donned your winter jacket, that Ginny would be on your shoulder again! 💜💜💜💜💜

[@goswami]

Congrats on the most successful year you've had so far! I can also say that 2022 has also been a year of a lot of experimenting and learning for yourself and us so big wins all around!

[@miric6224]

Morgan, I am so happy for you. Your channel is one to which I look forward. I enjoyed seeing your growth. Happy Holidays!

[@BonkersOfficialYT]

So what we made this year farming was RELEASE THE QUACKIN

[@blaircox1589]

"we"?? Are you pitching in funding his KZbin channel?

[@Alive_AF]

@@blaircox1589 He reffered what he said at the start of the video

[@Alive_AF]

@@blaircox1589 *what morgan said

[@SharonRepici]

@@blaircox1589your comment most certainly did help generate funds toward GSF social media income.

[@BonkersOfficialYT]

@@SharonRepici I meant I was joking that he cut it off right at release the quackin and it made it sound like the money they made this year was release the quackin and now it ruined the joke ;-;

[@capt.reefer8388]

Mad respect for sharing this. Like I’ve told you before I’m a cattle farmer and as you know it’s tough to make it financially if your small. So I’m glad KZbin is here for you..

[@GBEZ]

I love your transparency. Thanks for the content. Your work is greatly appreciated. Happy Holidays from our farm to yours!

[@monicahamm3353]

Good for you..... every year just gets better and better! Merry Christmas and a Happy 2023!

[@rokentom3926]

Congratulations on your growth! Crazy to see how far you’ve come in the past few years, wishing you all the best. And of course a very happy holidays to you and yours

[@GoldShawFarm]

Thank you so much!!

[@niaru5850]

You guys are amazing! This is pretty much how it feels a farm should be like. Doing different things and creatively using whatever resources you have

[@mfhthenycflyguy7085]

Congrats, Morgan! It’s fun to watch you grow; thanks for sharing!

[@mariefriedmann3203]

Congratulations Morgan and Alison, I really enjoy watching your farm, and seeing it grow with love care and dedication.

[@Potaatoooeeees]

Love watching your videos! They make my day.

[@lanaarpin6540]

Love seeing young people make a plan, work hard and build a profitable business. Another thing you didn’t mention was the value to your life plan - invaluable.

[@xeldronx]

Thank you for the consistently transparent videos of your farm. This is great for both entertainment and education.

[@rodisham]

Really enjoyed your review. Philosophically I think it’s fully legit to consider your merch sales and media revenue as farm income. Your farm work is the source of your content. (I’m very good at the obvious 🙂) Reflecting on my personal experiences around family farming and farm friends, and considering the stories told to me by old timers going back to over 100 years ago, it’s very important to sync up your farm to the era your living in. Well done.

[@victoriabaker4400]

That is a great way of putting it! Small farmers have ALWAYS found the trends and as you put it, sync'd up with their current world. In addition to farming, my great-grandmother sold Avon right after WWII, when it was brand new. Her Avon clients also bought butter and eggs. If my partner and I were temperamentally suited to social media, our farm might have made it. There is a huge hunger for this content, just having a Facebook page with a good photo and not much more, we grew in followers every week. I agree, it's legit farm income.

[@jennifermealey1868]

Bravo! I shake my head every time you want to add something to the farm thinking to myself (stop already!), but realize that you are doing fantastic. Your endless ideas and energy are probably a little annoying at times, so please give Allison a well deserved hug!! Keep up the wonderful content and have a safe and happy new year! 😊

[@sherryberry8134]

Wow, what an amazing increase from last year! I started watching in 2020, and this channel is a real treat.

[@keishaunjoga5168]

Congratulations!🎉 You have no idea how much I appreciated this video! I’m 22 and I’m about to be in year 4🤩 Thank you for sharing and good luck in 2023!

[@JoyceGreens]

Good for you guys man! this is awesome to see, and inspiring for my wife and I. Good food without all of the chemicals from big corp is getting harder and harder to find nowadays. Love what you guys are doing, best of luck in the new year and MERRY CHRISTMAS!

[@kellyfoster8903]

It says Vermont was hit with alot of snow. Stay warm and cozy.

[@GoldShawFarm]

Just got inside from clearing all the snow. We got about 16” here

[@michellestoppa6162]

Thank you for always being honest and sharing what’s going on at Goldshaw! Merry Christmas 🎄✨🎁

[@andreamckenzie8598]

I remember watching your other video last year. The comparison between that and this year is INSANITY. Congratulations!! You've done so well!

[@LordAshen]

I'm super proud of your progress. Its nice to see more small farms that actually care about the well being of their animals popping up. Also my calendar arrived today and I love it :D

[@vooligan9499]

Except for when they snap their necks or send them to slaughter so that they can profit, if you think farmers care about animals wellbeing then you are unfortunately extremely incorrect. They only care for their wellbeing as far as they are profitable, once they are no longer profitable they are seen as waste products and nothing more.

[@ezforsaken]

Congratulations sir! Near 20k is a very good amount for a farm, specially your size! Thank you for putting out these numbers for people thinking about starting a farm business!

[@GoldShawFarm]

Thank you very much!

[@lhmcd5538]

Thank you Morgan for being so open and honest about the money that you have made. I enjoy your videos and look forward to seeing them. (I do try to watch your ads. Some of them I just can’t stand and skip.) May you all please take care and stay safe.

[@yvettesaxon8572]

Congratulations, that is lovely to hear. With your KZbin channel and Alisons work you’re kicking goals ❤

[@chomikchomik3198]

It ended up being.. RELEASE THE QUACKENS! nice intro

[@Debauchery_Tea]

Almost at a million subs. Wild to see you go from chopping trees in the middle of winter to now lol

[@GoldShawFarm]

It boggles my mind every single day

[@darlenemcswine6418]

Thank you for being transparent. That was helpful

[@firenymph13]

I love to see how it's growing every year! It may be spreadsheets and technicalities but it's so fascinating to see! and so fun to learn about and see the growth!

[@bipolartorecovery1485]

If you made a profit after making important investments in capital, that's good! Doesn't matter how much. If the profits cover more than the expenses, then that's good business!

[@jenniferdarrow5085]

Congrats on having such a great year. Please continue with these end-of-year summaries. I’m sure many of us feel a sense of personal vicarious involvement in your endeavor as we watch each week, and we celebrate your success!! One question: given that the tree business seems to have the greatest profit for the least effort, do you plan to expand it? Or is there a limit to that market? Best to you!!

[@aprilhood1595]

My husband always hears me watching your videos and he was asking me just a few minutes ago about how much money your farm generates. Now I can show him this video! Thanks for sharing all of your videos with us! Happy New Year!! 💖

[@dhinkhouse1]

You more than doubled your income, that’s great and you entertained so many of us. Thanks for a great year Morgan.

[@juliepearlcatindig1430]

As someone who works in Finance, I love watching your year-end reports. Really happy to see how your business is growing and all those hardwork and sacrifices are really paying off. So proud of you and keep going!

[@hhdhpublic]

Honestly quite shocked by the profit, in a good way, of course :3 Hopefully your farm keeps and keeps growing :3

[@teredunlap6769]

I really appreciated this episode. My growing up on a farm, my return to our family farm... all give me a warm feeling watching young people enjoy the life style, even though I know it's a lot of work. Give my love to Toby and Abby.

[@polarberri]

Really interesting video! Thank you for being so transparent. So much work and time goes into what your farm produces. Best of luck this new year!

[@Kammero]

QUESTION : why are fertilized eggs worth more than Goslings? aren't the eggs a gamble when the goslings are a guarantee?

[@angelamarie4137]

Not necessarily because sometimes they die during shipment. I watched a sad video on a KZbin channel (Justin Rhodes) where like 100 chicks all arrived dead. Also, some people just want to hatch their own and enjoy it.

[@CrimsonAkato]

they have equal risks honestly having a living bird die or a fertilized egg not hatch is honestly the same . also just hatching birds is more adorable xD seeing those first few cracks and a moist floofy ball pop out slowly is just adorable and a good experience to witness . too cute

[@GoldShawFarm]

It’s harder to get people to come here to buy direct.

[@RoulicisThe]

because eggs are sold as a package while Goslings are sold as a unit. Geese eggs are sold in packages of 4 for 65$ and a single gosling is worth 28$. If you buy 4 goslings it costs you 112$, which is nearly double the price of the fertilised eggs. With the eggs, while you have a chance not all of them will hatch, as long as half of them hatch you'll break even with your cost, and if all four of them hatch you got yourself a very good deal

[@bharroth]

I also imagine shipping costs for live birds are significantly more than shipping costs for the eggs. Yeah, you have to be careful with both, but eggs don't need airholes and can be wrapped super heavily.

[@lauraheyman2011]

I enjoy watching your end-of-the-year profit videos. I even remember last year's profit of $7,000. It's really cool and I will continue to pray blessings over you, Alison, and your farm.

[@shdwhealer]

Nice vid. I appreciate the transparency and the candor.

[@kariethorington558]

Love this! Thanks for being transparent and sharing all your valuable info. Love this channel!

[@Laptop46]

The IRS watching this year's video rubbing their hands.

[@DS-ky9dl]

Just wondering...when you make improvements to your farm, such as the new barn and hoop house, are they figured into the farm costs?

[@YungShkrt]

Congrats Morgan!!! That's so cool to see how much your making off of farming only! These are one of my favorite videos of the year!! Can't wait to see you triple this years revenue for next year!!

[@joshuakersey6985]

I appreciate you breaking all of that down for us. I found it interesting and enjoyed watching it.

[@DanSanChannel]

His farm generates over $100k from social media. Nothing wrong with being realistic.

[@Red-ball_holding-a-katana]

Ah yes it ended up being Morgan releasing the quacking

[@lemansfrance2678]

Way to to go! You have made some huge progress!!!! So proud of you!

[@essjayschwingle6981]

Thank you so much for the honest transparency. Beyond your regular videos conveying day to day life on the farm, this is incredibly valuable and rare information for many viewers like myself who have even dim aspirations of imitating what you do. Much appreciated!

[@Methalec1985]

How much did the new QuackHouse cost? How much have you paid Alfred for his services? I think it's important to have those costs included there as they are expenditures on the bottom line.

[@GoldShawFarm]

It was roughly $8k all in but it was offset by sponsorships.

[@Methalec1985]

@@GoldShawFarm - Thank you for the prompt response, Morgan! Appreciated! :D So all in all you're looking at about $10.000-ish for pure farm stuff then! That's not bad at all I'd say! Sure, you got the sponsorships and income from KZbin but as a business on it's own, I'd say you're on the right track! Looking at $7.500 in 2021 and $5.000 in 2020, I'd say that $10.000 is a slight increase. Well done!!

[@LynxxXVI]

@@solardeer i agree! though, its tough to include costs like this in yearly reports, as they are major pieces of infrastructure that will last many years.

[@Methalec1985]

@@LynxxXVI - I get what you're saying but it still is an investment on the bottom line. It has to be included somewhere, even though it will last for many years.

[@Socrates21stCentury]

So, $18,000 dollars from hard work, $24 Million dollars from people "watching" you work on KZbin ... Nice !!!

[@Siros]

Incredible growth! Thank you for being so transparent

[@DavidPT40]

Per Social Blade, Gold Shaw Farm is earning $39.6k to 633,700 per year, with a median revenue of $297,050 per year. This is a social media goldmine just on KZbin. I love watching this channel. I love every new video.

[@SpectrumSO]

Always appreciate the candor and love seeing the growth every year. Keep up the good work!