Tag: Ranching For Profit School

Two Mornings to Change Your Business

EL Summer Meeting

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 aren’t alone. Scheduling adequate time to work on the businesses is often THE most difficult challenge RFP graduates face when they get home.   The problem […]

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Sell/Buy Lessons from Aaron and Tara

Ranching for Profit flip charts

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 on a journey to transform their business. I met Aaron and Tara at a Ranching for Profit School I taught in Rapid City, SD. Aaron […]

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The Ranch Business Time Bomb

Abandoned house

Think of a ranch business you know of, that is no longer in business. Now I want you to think of the underlying cause for that business no longer being around. Was it related to production? Did the cows not breed, the calves weren’t big enough to bring in decent money or was the death […]

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Gross Margin Inside the Cow Herd

black cattle

We just wrapped up a full school in Oklahoma City. It was an amazing week where 54 people spent a week exploring the leadership of their businesses and making new friends along the way. Wally Olson of Olson Ranch and founder of Ranching FYI stopped by and discussed cow depreciation and how to make decisions […]

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That Crazy Grazing Stuff

grassland

“You guys don’t tell people to do that crazy grazing stuff with the electric fence do you? Because if so, I’m not coming.” That was an email I recently received asking about our Ranching for Profit School. I responded with a polite and honest answer but the more I think about maybe I should have […]

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Profit – What is it Anyway?

counting money

At the Ranching for Profit School since we talk about profit, we believe we better define it. We ask the participants at the school to come up with a definition of profit, they usually respond with something like Income – Expenses = Profit. Let’s play with that definition some and see how it works.   If […]

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Get Better Before Getting Bigger

ranching4profit school

Our busy season of conducting Ranching for Profit Schools has just begun. Last week, I had the pleasure of dropping in on the school in Abilene, TX and meeting some outstanding participants. It is always an honor to be trusted enough to be invited to help a business discover a new path forward that will […]

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Fall is Planning Time

coffee autumn

As fall work wraps up for most in cow country, now is the time to start planning for next year. Here are a few essential pieces of that plan: Gross Margin projections and analysis of key enterprises Overhead projection and analysis Profit target setting and how profit will be used Grazing plan for next year […]

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Ranching from Scratch

baking

Can’t be done. At least that is what conventional wisdom says. I’d agree that it can’t be done, if you follow the rules of traditional ranching – running cows the way everyone else does and owning everything. If you are willing to break some rules and challenge conventional wisdom maybe you can join the amazing […]

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Get Outside Your Area

Are you happy with the results your business is producing? If you want different results, you need to act differently. In order to act differently, we must think differently. If you think producing big calves is the secret to a profitable ranch, you will take actions to produce big calves. At the Ranching for Profit […]

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