advice Archives - Page 3 of 4 - Ranching For Profit

Aug 08

Low Hanging Fruit

By Dave Pratt Decision Making, Economics & Finance, Making a Change

Someone called me asking if I was available to do some consulting. I explained that even though our name is Ranch Management Consultants, we actually do very little consulting. After…

Jul 25

Which Circle Are You In?

By Dave Pratt Communication, Decision Making, Making a Change

I go to a lot of meetings. I often hear people complain about how tough we have it. The three favorite topics are bad weather, low prices and government regulations…

Mar 26

You Can’t Retire From Ranching

By Dave Pratt Communication, Making a Change, Planning & Management, Succession

How is the next generation ever supposed to step up if the current generation can’t step down or at least step aside? The short answer is they can’t. It’s one…

Feb 25

Succession Success

By Dave Pratt Communication, Making a Change, Planning & Management, Succession

Most people assume that the biggest estate planning fights involve “Who will own what?” It’s been my experience that, “Who will run what?” is often an even bigger issue. “Who…

Feb 11

Coming Home to Work

By Dave Pratt Communication, Labor Effectiveness, Making a Change, Planning & Management, Succession

If you have a family ranch, whether you know it or not, you have a family employment policy. At least your kids think you do. In the absence of a…

Jan 11

Traveling Without A Compass

By Dave Pratt Decision Making, Making a Change, Planning & Management

In Alice in Wonder land, Alice asks the Cheshire Cat, “Would you tell me, please, which way I ought to go from here?” The Cat responds, “That depends a good…

Aug 10

Scraping By

By Dave Pratt Decision Making, Economics & Finance, Risk/Drought

I received the following email from a young rancher last week: Dave, I am a young rancher and have grown my herd to over 100 cows over the last four…

Apr 27

A Great Place To Raise A Family

By Dave Pratt Communication, Making a Change, Succession

I occasionally lead workshops I call Hard Work and Harmony: Effective Relationships In Family Businesses. In it I like to ask participants to explain to the person next to them,…

Apr 13

Boundaries

By Dave Pratt Decision Making, Making a Change, Planning & Management

I have an advantage over most of the people who come through the Ranching for Profit School. I have boundaries. The RMC office is about a mile and a half…

May 06

What Does Mom Want?

By Dave Pratt Communication, Decision Making, Planning & Management

We use a process at RMC to help families and business teams create a shared vision and a plan to achieve it. We start by asking a very basic question:…

advice

Low Hanging Fruit

Which Circle Are You In?

You Can’t Retire From Ranching

Succession Success

Coming Home to Work

Traveling Without A Compass

Scraping By

A Great Place To Raise A Family

Boundaries

What Does Mom Want?

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