PROFIT TIPS

The current year of ProfitTips are displayed here, along with some of our all-time most popular articles. You must be a member of RFP online to see our entire collection of ProfitTips articles, join today.

The Laws Of Economics

My Cousin Vinny is one of my favorite movies. There’s a scene where Vinny, played by Joe Pesci, challenging the witness, asks, “Are we to believe that the laws of […]

Read More

Records Are A Waste Of Time

Some people think that records are THE key to managerial success. Not me. I think most records are a waste of time. Records give us data. We need information. It […]

Read More

Irresistible Change

running horses

I reviewed articles in Harvard Business Review, Forbes and Fast Company on resistance to change. The articles laid out the 12 reasons, the 10 factors and the 5 keys to […]

Read More

The 3 Secrets For Increasing Profit™

There are three, and only three, ways to increase profit in any business. Stan Parsons called them The 3 Secrets For Increasing Profit™ and introduced them to Ranching For Profit […]

Read More

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 […]

Read More

Scraping By

I received the following email from a young rancher last week: Dave, I am a young rancher and have grown my herd to over 100 cows over the last four […]

Read More

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 […]

Read More

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 […]

Read More

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 […]

Read More

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 […]

Read More