build a successful business Archives - Page 2 of 4

Mar 12

People Over Processes

By Caitlin Word Communication, Decision Making, Labor Effectiveness No Comments

As an alumni of the Ranching for Profit School, you have the opportunity to enroll in our Executive Link program which we like to call “EL”. EL is composed of…

Sep 25

Where is YOUR focus?

By John Locke Decision Making, Labor Effectiveness, Making a Change No Comments

All three of my daughters stared intently at the box, studying the details of the intricate photo, noting the subtle differences between a blend of shapes and vibrant colors. Considering…

Sep 13

Don’t Screw Up the Windfall Profits

By Dallas Mount Decision Making, Economics & Finance, Labor Effectiveness 13 Comments

2023 is shaping up to be a record profit year for many in the cattle business. I know not everyone is participating as there are regional droughts and specific situations…

Feb 27

Having a Ranch AND a Life

By Dave Pratt Making a Change, Planning & Management, Risk/Drought 5 Comments

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…

Feb 13

Sustainability: What’s In A Name?

By Dave Pratt Ecology & Grazing, Economics & Finance, Production 5 Comments

Maybe it’s just semantics, but I think the words we choose are important. 40 years ago, when I was in college, “sustainable agriculture” was a revolutionary concept. Forward-thinking universities created…

Jan 09

A True Story About A Real Manager

By Dave Pratt Decision Making, Economics & Finance, Labor Effectiveness 7 Comments

About 15 years ago I met an absentee owner who was responsible for a family ranch that was losing money. It had lost between $200,000-$300,000 year after year for a…

Oct 10

What Are You Worth?

By Dave Pratt Economics & Finance, Labor Effectiveness, Planning & Management 2 Comments

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…

Aug 22

Is Your Ranch Fire-proof?

By Dave Pratt Ecology & Grazing, Planning & Management, Risk/Drought No Comments

The risk of wildfire has always been a normal part of ranching. But today we are faced with a new normal that includes the increased risk of catastrophic wildfire. The…

Jul 11

Survival of the Fittest & Natural Selection

By Dave Pratt Decision Making, Planning & Management, Succession 14 Comments

Nature has a strict culling policy. If bulls and bucks don’t breed, or if does and cows don’t wean fawns and calves, their genes aren’t passed on. Survival of the…

Mar 12

Who Will Own What?

By Dave Pratt Communication, Making a Change, Planning & Management, Succession No Comments

There are two big pieces to the estate planning puzzle: who will run what (management succession) and who will own what (the transfer of assets). In my last ProfitTips article…

build a successful business

People Over Processes

Where is YOUR focus?

Don’t Screw Up the Windfall Profits

Having a Ranch AND a Life

Sustainability: What’s In A Name?

A True Story About A Real Manager

What Are You Worth?

Is Your Ranch Fire-proof?

Survival of the Fittest & Natural Selection

Who Will Own What?

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