$100 Per Hour WITB
In the Ranching for Profit School we make clear the difference between WITB (Working In the Business) and WOTB (Working On the Business). We often say WITB, is the $10/hr […]
Read MoreTop 5 Business Management Actions on the Farm/Ranch
As we wrap up 2019, I want to share with you what comes to the top of my mind as actions that farms and ranches take when they are serious about their business management. If you are hitting the mark on these, well done! If not, then what will your strategy be to improve in […]
Having a Ranch AND a Life
A friend included me in an email chain informing us of a farmer he knew who recently took his life. I don’t pretend to begin to know this man’s pain or anything about his situation. But the story struck me as beyond sad. Responses in the email chain spoke of the stress of farming, peer […]
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 […]
When is a Dollar Not a Dollar?
Dan Airely, a behavioral economist at Duke University conducted a silly experiment with serious implications. The experiment involved money, Coca Cola and college students. Dr. Airely stocked dorm room refrigerators with one of two things. He put a six pack of Coke in some. In others, he placed a paper plate with six crisp one […]
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 MoreThe 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 MoreAn 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 […]
Top 10 Challenges In Ranching
In the last ProfitTips I asked you to share the challenges you face in ranching and share you did. Here is your list of the top 10 challenges facing your […]
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