During the Ranching for Profit School, we introduce three issues involving money: economics, finance, and income taxes. We spend most of our time on economics (generating value and keeping profit)…
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What would the value be in your operation if you could predict drought? I know we can’t predict the weather, but we can keep track of monthly rainfall. Rainfall is…
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The Ranching for Profit School is sometimes called the “MBA of Ranching” or referred to as “better than college.” The RFP School has an amazing curriculum that can have enormous…
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“We can complain because rose bushes have thorns, or rejoice because thorn bushes have roses” is an Abraham Lincoln quote that I think about nearly everyday. To me it’s all…
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Preventative maintenance on the ranch is easy to overlook, and it can be costly. Costly in dollars to actually fix whatever needs fixed whether it is fence and corrals, water…
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“When we choose the wrong measurement, we get the wrong behavior” (James Clear, Atomic Habits). At the Ranching for Profit School, we talk about how paradigms, actions, and results are…
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An opportunity cost is the lost benefit of choosing a different option. The opportunity cost of going to college is losing out on four years of wages; the true cost…
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One of Stephen Covey’s seven habits of highly successful people is to “start with the end in mind.” We use this a lot at our Ranching for Profit School, particularly…
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If you were to come upon a car wreck, which turns out to be your neighbor with terminal cancer, would you worry about their next chemo appointment? Probably not, your…
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Successful businesses have mission and vision statements. This allows planning and decision making easier for managers and owners. These statements are posted on websites, above the front door, and in…
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