Category: Planning & Management

Monuments to Tax Avoidance

We have our end of the year tax appointment next Monday. That reminded me of a ranch I visited a few years ago. The owner’s son showed me around. As we pulled out of the yard we passed a big aerator they’d bought to crush sagebrush. If you aren’t familiar with aerators, the drum is […]

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You Might Be A Manager If…

Most “ranch managers” aren’t managers. They don’t do the work of a manager, they don’t produce the results a manager would produce and they aren’t paid what a manager would get paid. The result isn’t just poor management. Most American ranches aren’t managed at all! Every business has three levels of issues. The first set […]

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Two Mornings A Week

Several weeks ago I included a WOTB quiz in a ProfitTips column in which readers could score the extent to which they work ON their businesses. Click here to read that column. The column was picked up by some other publications and wound up generating conversations on several other popular blogs. Most of the people making comments said that […]

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Boundaries

I have an advantage over most of the people who come through the Ranching for Profit school. I have boundaries. The RMC office is about a mile and a half from my home. Every day, unless the weather is miserable, I walk to work. Then at the end of the day I walk home. When […]

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The WOTB Test

Most people blame things beyond our control like the weather, government regulation, low commodity prices and increasing costs for their failure to make a healthy profit. These are the things most often discussed at producer meetings and in the coffee shop. These are also things we can do little about. Making them the scapegoats for […]

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Working For Your Money

When I was a kid if I asked my parents for money they would usually come up with some extra chores for me to do or suggest that I see if one of our neighbors needed some help with something. The lesson I learned is the lesson that most of us learn growing up: You […]

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The Value of Gain & Grass

Wally Olson is a rancher from Vinita, Oklahoma. He has a profitable cattle trading enterprise based on the Sell/Buy marketing principles popularized by Bud Williams. At the foundation of Wally’s operation is an understanding of the value of grass and the value of gain. Wally is quick to point out that he doesn’t limit his […]

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An Hour A Day

I asked a group of our clients what difference it would make to their operation and their life if they had an extra hour a day of productive time. Most folks said they’d get more done, or they’d get the same amount done but feel less stress doing it. Then I reframed the question, “Instead […]

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The Nine Calf Cow

I just read an article written by an ag economist on the value of bred heifers. He wrote that a crossbred heifer producing 9 consecutive calves in her lifetime is worth just over $3,200. Whoa!!!  Nine calves! To be fair the author acknowledges that not all heifers will produce 9 consecutive calves. He figures 34% […]

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Half and Half

Take half – leave half.  It is probably the most common advice you’ll hear regarding grazing utilization. In my opinion it is bad advice. It was probably the brainchild of someone looking for a one-size-fits-all, easy-to-remember recipe. It may be easy to remember, but this recipe is likely to produce a crummy meal. What does […]

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