Author: Jordan Steele

What We See

trailing cattle

Paradigms are deeply held subconscious beliefs that are shaped by all of our past experiences and education. We all have them and they influence every decision we make. Stephen Covey defines paradigms as “the way we see the world” and that is my favorite definition. At the Ranching for Profit School we introduce paradigms right […]

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Enterprise vs Entity

ranch barn

During the Ranching for Profit School, we focus on the economics of the “operating business” and not the “land investment.” The operating business must rent the land at fair market value from the land investment for the agricultural use. In other words, the cows don’t get to graze the ranch for free. This is a […]

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Tax Time

tax time

Tax day is just around the corner and it is common for folks to struggle with getting their taxes done. There is nothing we can do about the past, but there are changes you can make now to make future tax days go smoothly and be less burdensome on everyone’s time. Here are five things […]

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Painting the Ranch

paint brush

We just finished our main Ranching for Profit School delivery season, which was fulfilling as ever, but we are all glad to be home too. Eight full schools since Thanksgiving means we got to meet and work with over 400 ranchers who were willing to travel to learn in the last three months. That is […]

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Build an Auto-Pilot Business

cockpit

Dallas and I spend a lot of time in the plane together during the fall Executive Link run; three sets of chapter meetings in three weeks in three different states. One thing about living in Wyoming, the weather is not always airplane friendly, especially in a small plane, flown by your boss. I am always […]

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Cattle Profits and Taxes

Profits and Taxes

During the Ranching for Profit School, we introduce three issues involving money: economics, finance, and income taxes. We spend most of our time on economics (generating value and keeping profit) then some time on finance (cash flow and investment), and less time on income taxes. The reason for that order is based on the overall […]

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Predicting Drought

fortune teller

What would the value be in your operation if you could predict drought? I know we can’t predict the weather, but we can keep track of monthly rainfall. Rainfall is going to be a darn good predictor of forage growth. In addition to rainfall, we can also keep track of monthly livestock head counts and […]

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RFP Successes

ranching for profit school

The Ranching for Profit School is sometimes called the “MBA of Ranching” or referred to as “better than college.” The RFP School has an amazing curriculum that can have enormous impacts on the alumni and their ranches, but I don’t like those comparisons. Here’s why: you will hear and interpret things differently in each stage […]

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Finding What You Look For

close up cattle

“We can complain because rose bushes have thorns, or rejoice because thorn bushes have roses” is an Abraham Lincoln quote that I think about nearly everyday. To me it’s all about life’s perceptions and choosing your mindset. We get to choose our attitude. I have noticed this in multiple situations, and more and more as […]

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Repairs Save Money?

horse fence

Preventative maintenance on the ranch is easy to overlook, and it can be costly. Costly in dollars to actually fix whatever needs fixed whether it is fence and corrals, water tanks, or the farm machinery. As well as costly in finding the time which is nearly impossible; but why hire someone to do something that […]

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