Tag: WITB

Build an Auto-Pilot Business

cockpit

Dallas and I spend a lot of time in the plane together during the fall Executive Link run; three sets of chapter meetings in three weeks in three different states. One thing about living in Wyoming, the weather is not always airplane friendly, especially in a small plane, flown by your boss. I am always […]

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Dangers of Free Time

mountain hike

Free time is dangerous to those who have been raised to believe that one must always be physically busy in the ranch.   A business in our Executive Link (EL) program recently eliminated a major enterprise that wasn’t working economically and hadn’t been for some time. They were able to make this brave decision, with the […]

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Think Outside the Office

office daze

In the Ranching for Profit School we challenge you to separate your life from your business. Too many ranchers identify as their work and never develop a sense of who they are outside of the ranch. Not only does the business suffer as a result, so does the rancher’s family.  There are many ways to […]

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$100 Per Hour WITB

$100

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 work and WOTB is the $100/hr or more work. It is critical to get the WOTB done, but WITB needs to be prioritized into the […]

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Top 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 […]

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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 […]

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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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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 […]

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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 was picked up by some other publications and wound up generating conversations on several other popular blogs. Most of the people making comments said that […]

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The 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 most often discussed at producer meetings and in the coffee shop. These are also things we can do little about. Making them the scapegoats for […]

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