Top 10 Tax Preparer Conversations
I just finished my first round of Executive Link meetings. In addition to being a facilitator I also presented the continuing education session where we dug deep into economics, finance, and […]
Read MoreA Perspective on Gross Margin from Aaron
Aaron Helmick is a pain in the rear. Even worse he is a dairy farmer from West Virginia pain in the rear. 😆 Somehow Aaron managed to marry Tara and […]
Read MoreA Business Mind Shift from Treg Ulmer
Treg Ulmer and his wife Courtney are members of the Executive Link program and building a business in Ohio. Treg shared some thoughts with me around balancing profit with other […]
Read MoreBumpers for Decision Making
“When I bowl, I need the bumpers to keep the ball heading towards the pins, as my wife Maggie and I make decisions on the ranch we need bumpers to keep us heading toward our goal.” This statement was made by Austin Troyer at the recent Executive Link meeting in Billings, MT. Austin, Maggie and […]
Can Small Scale Operations be Profitable?
I often hear from people operating on a smaller scale that their limitations of size make it impossible for them to be profitable. “I only run 12 cows and operate on 30 acres. I can’t possibly be profitable!” The limitations to profitability are usually self-induced. When we look inside this operation what we will likely […]
Two Mornings to Change Your Business
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 […]
Read MoreSell/Buy Lessons from Aaron and Tara
ProfitTips is taking a different direction this time. Aaron and Tara Helmick recently shared with me a collection of “Lessons Learned” from the past 4 years as they have been […]
Read MoreBusiness IQ
Dr. David Kohl of Virginia Tech has a solid grasp of what it takes to run a successful ag business. He has spent a career speaking, studying and writing on what separates those who are successful in ag business management from everyone else. I was recently reintroduced to Dr. Kohl’s Business IQ test and want […]
Adding a New Enterprise
We are in the final days of our 2021 winter Executive Link meetings where Ranching for Profit alumni form peer advisory boards and look into each other’s businesses for strategic level advice. One issue that frequently comes up is the evaluation of adding a new enterprise to the operation. The operator is often excited about […]
Ranching Network
One of the challenges in working in the ranching profession is the difficulty of finding a network of forward thinking, driven and creative problem solvers. Many of us enjoy the […]
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