Month: April 2023

Is Opportunity Interest, Real Interest?

opportunity interest

An opportunity cost is the lost benefit of choosing a different option. The opportunity cost of going to college is losing out on four years of wages; the true cost is tuition plus lost wages.  At the Ranching for Profit School, we include opportunity interest as a cost on owned livestock herds, because there is […]

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Dangers of Free Time

mountain hike

Free time is dangerous to those who have been raised to believe that one must always be physically busy in the ranch.   A business in our Executive Link (EL) program recently eliminated a major enterprise that wasn’t working economically and hadn’t been for some time. They were able to make this brave decision, with the […]

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