Tag: rancher

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The 3 Measures of Success in Business

In nearly 40 years of helping ranchers improve their land, their businesses and their lives, I’ve found that there are three things we need to measure to determine the success of a ranch business, or any business for that matter. They are: Profit, Effort, and Fun. Let’s take a quick look at each of these. […]

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Getting It Right or Getting It Fast

A young rancher attended his first Executive Link meeting a few weeks after completing a Ranching for Profit School. He showed his EL board the long to-do list he created at the end of the school and worried that there wasn’t enough time to get everything done that he needed to do. “I’m constantly putting […]

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If Someone Is Doing It, It’s Possible

I often hear people joke, “Ranching for profit? That’s an oxymoron.” I get frustrated hearing it, but I don’t blame anyone for thinking it. There is a lot of evidence to support the “ranching isn’t profitable” paradigm. These days ranches are valued more for the scenery than for livestock production. In fact, looking at a […]

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What Would You Do With $1,000,000?

In a recent Three Secrets For Increasing Profit® workshop I asked participants how much profit they want to make. It is an important question because you can’t hit a target that doesn’t exist and it’s impossible to build an intelligent plan unless you have measurable goals. But it’s an unfair question too. It’s unfair because […]

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Traveling Without A Compass

In Alice in Wonder land, Alice asks the Cheshire Cat, “Would you tell me, please, which way I ought to go from here?” The Cat responds, “That depends a good deal on where you want to get to.” Alice tells him, “I don’t much care where.” To which the cat responds, “Then it doesn’t much […]

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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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