Tag: job

What is Sweat Worth?

Most family ranches are subsidized with free, or underpaid, family labor. Sometimes the difference between what family members get and what it would cost to hire someone else to do the work they do is made up with the promise or expectation of sweat equity. But sweat is not a recognized form of currency and […]

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What Are You Worth?

I often ask audiences at schools and workshops if anyone pays themselves what it would cost to replace themselves. Very few hands go up and those that do are usually attached to the arms of Ranching For Profit School grads. Many justify not paying themselves a fair wage claiming that their ranch isn’t profitable enough […]

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Getting Everyone on the Same Page

University of Wyoming Extension agent and Ranching For Profit School instructor, Dallas Mount, recently led a management succession workshop in Baggs, Wyoming. Dallas is a gifted, innovative teacher, and I was flattered when he asked me to participate in the program. Dallas did a great job of distilling successful succession into five core areas. Getting […]

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It’s Hard To Find Good Help …

… but it is even harder to find a good boss. I often hear employers complain that it is hard to find good help. I rarely hear them ask how they can be better bosses. Personally, I think most people want to do a good job. I don’t think employees want to be inefficient or […]

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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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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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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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Don’t Hire People To Work

Most of us hire people to work.  We write job descriptions telling them to do this or that.  But what people do and how long or hard they work is not important.  It is only the means to the end. The end is the results they produce.    As an employer you would be well […]

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Pay Me Now or Pay Me Later

Abby of Dear Abby, passed away last week.  I don’t intend to take her place dispensing relationship advice, but I do get my share of Dear Dave letters.  Here’s a Dear Dave inquiry I had last month:   Dear Dave, We have a problem. Our ranch manager is a family member but does not have […]

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You may own your job if…

In the last ProfitTips I asked you if you owned a business or a job.  I offered Robert Kiyosaki’s criteria from his book Cash Flow Quadrant: Could you leave for a year and come back to find your ranch working even better than when you left it?  If so, Kiyosaki says you own a business. […]

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