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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I think it is safe to say that most ranchers love ranching because they are surrounded by animals more often than people. However, it is critical that ranchers aka business…
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I just finished my first round of Executive Link meetings. In addition to being a facilitator I also presented the continuing education session where we dug deep into economics, finance, and…
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Mentioning that records are a waste of time can usually start an argument, or at least get someone questioning all the hours they have spent keeping detailed records over the…
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