Author: Dallas Mount

New Paths for RMC

dirt road

Last ProfitTips, I reflected on the amazing past 40 years of RMC and this time I’d like to share with you some exciting new partnerships and efforts of RMC. Partnership with Noble Research Institute “If you want to go fast go alone, if you want to go far, go together” – African Proverb. In my […]

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Reminiscing on our Roots

Stan Parson's course

Ranch Management Consultants was founded in 1983 by Stan Parsons. Stan Parsons had a background in animal husbandry and agricultural economics then after years of working with ranchers in the field he developed the Ranching for Profit School and led RMC for its first 20 years. Wrapping up 2023 marked our 40th year in business! […]

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Power of Management

calculations

A couple of weeks ago, I received a nice note from an alumnus of the Ranching for Profit School. He tracks his net worth annually by looking at his balance sheet and has been doing this for some time. You need to be careful when looking at net worth from the balance sheet in isolation, […]

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Grazing Planning

planning grazing

Here in Wheatland, Wyoming it is a cold, snowy, and windy day. Perfect for planning out your grazing for the coming year! A grazing plan is where you think through what you know now, what you expect to unfold, and make a plan for the grazing in the year ahead. To get started on the […]

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Fix the Cow Business Before You Sell ‘em

calf cow

Somewhere along the line Ranching for Profit has gotten a reputation for being the “sell your cows school”. I want to push back against that. I hope that Ranching for Profit is the “let’s build the business that you want and is profitable school.” I’d hate to think that someone comes to our Ranching for […]

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Access to Cash Creates Opportunities

cash calculation

This fall it has been energizing to engage with hundreds of ranch business owners from across North America through the Executive Link Program we lead, as they tackle tough challenges and exciting opportunities in their businesses. At our fall Executive Link (EL) meeting we do a ½ day continuing education program. This time John Haskell […]

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Don’t Screw Up the Windfall Profits

fancy steer

2023 is shaping up to be a record profit year for many in the cattle business. I know not everyone is participating as there are regional droughts and specific situations for some, that will take you out of this opportunity. Nevertheless, for some the stars have aligned.   The last time we saw record profits in […]

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Some Ideas Should Fail

cattle grassland

How many of the new ideas that you implement work? I hope not 100%. If 100% of the new ideas you implement in your business work then you are probably being too cautious. There is a healthy portion of new ideas that should fail.   I spent a year riding pens in a feedlot. I really […]

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Business is a Noble Endeavor

sheep sunrise

Last week I along with Jordan Steele and a few RFP alumni attended the EntreLeadership Summit put on by the Ramsey organization in Nashville, Tennessee. It was an amazing week hearing from world-class thought leaders and business trailblazers. Dave Ramsey gave a presentation called The Nobility of Business. His point was that so many condemn […]

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Benchmarks are Overrated

benches

At the Ranching for Profit School, we teach people how to use benchmarks to identify deadwood in their businesses which allows them to find focus areas for managerial leverage. When we finish teaching the benchmark section participants are excited to run their numbers in the RFP format and compare them to the RMC Benchmarks to […]

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