Category: Labor Effectiveness

Maybe We Should Keep Those?

braham

Have you ever looked at a group of calves, heifers, cull cows and thought, “Well… maybe we should just keep those?” If you have, you’re not alone. Acting on this type of thinking often leads to complicating the business with a lot of little enterprises which can be bad economically and financially. When you start […]

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Going Backwards Working for Wages

trucking

I was having a conversation with a ranch family the other day about doing their own trucking. They haul cattle to corn stalks and back each year, so they hire about 20 loads hauled to get it done. They were running numbers thinking about what owning a semi and cattle pot (trailer) would cost. They […]

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The Power of Visuals

flip chart discussion

The flip chart is one of the most important pieces of equipment on the ranch. If you are not using one, it is likely costing your businesses tens of thousands to hundreds of thousands each year. Every time you have a meeting on the ranch or when discussing something as a ranch team someone should […]

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Two Mornings to Change Your Business

EL Summer Meeting

If you’ve been through the Ranching For Profit School you recognize the importance of working ON the business (WOTB). If blocking out time for WOTB is challenging for you, you aren’t alone. Scheduling adequate time to work on the businesses is often THE most difficult challenge RFP graduates face when they get home.   The problem […]

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$100 Per Hour WITB

$100

In the Ranching for Profit School we make clear the difference between WITB (Working In the Business) and WOTB (Working On the Business). We often say WITB, is the $10/hr work and WOTB is the $100/hr or more work. It is critical to get the WOTB done, but WITB needs to be prioritized into the […]

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Profit – What is it Anyway?

counting money

At the Ranching for Profit School since we talk about profit, we believe we better define it. We ask the participants at the school to come up with a definition of profit, they usually respond with something like Income – Expenses = Profit. Let’s play with that definition some and see how it works.   If […]

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Essentialism

closet

Each fall and winter our Executive Link meetings start with a continuing education program. We usually reach for something outside the ranching world that our members would not otherwise be exposed to. Often this is a book from business management circles. This fall our book is Essentialism: The Disciplined Pursuit of Less by Greg McKeown. […]

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The Next Generation of Passionate Ranchers

young ranchers

Last week, in partnership with Wally Olson and the Plank Stewardship Initiative, we hosted the first ever Young Adult Ranching for Profit Workshop. We had 48 youth from 17 states in Sheridan, Wyoming for an incredible four days! The energy, enthusiasm, and passion these young people have for ranching and agriculture was contagious. Several times […]

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Is Tagging Calves a Good Idea?

calf tag

We need to constantly challenge the management practices we do on the ranch, to make sure they still make sense. As business management guru Edwards Demming (who lived in Powell, WY) said, “It is not necessary to change, survival is not mandatory.” Since calving season is in full swing across most of cow country, I […]

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Social Distancing Rancher Style

cattle in the sun

As the coronavirus pandemic continues, all of us in America are changing many of our habits and routines to try and slow the spread. While social distancing is the norm for many in the ranching profession, we are most certainly adjusting our routines in the coming weeks and perhaps months. In my house, the major […]

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