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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Congratulations! You’ve just come through record cattle prices, you took Dallas’ last ProfitTips to heart, and now you’re sitting on a pile of money and wondering “what now?” There are…
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Dwight Eisenhower said, “In preparing for battle I have always found that plans are useless, but planning is indispensable.” Eisenhower might as well have been talking about ranching. Speaking of planning ... How is your…
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If you’re in the ranching business, drought is a normal part of life. David McLean is part of RCS, our sister company in Australia. David refers to planning for the…
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We recently wrapped up our two day Economics Intensive where alumni of the Ranching for Profit School prepared their economic plan for the coming year. For many of us, if…
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The first time I watched the movie Moneyball, I about came out of my chair thinking, “This movie is about ranching”. The correlations are strong and the lessons from the…
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John Marble, Ranching for Profit alumnus from Oregon is a not only a rancher, but a thinker, (I consider him a ranching philosopher) and a writer. He wrote the following piece for On…
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Have you ever looked at a group of calves, heifers, cull cows and thought, “Well… maybe we should just keep those?” If you have, you’re not alone. Acting on this…
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Too short a recovery period – When turning into a pasture ask, “Has this pasture recovered from the previous stress (grazing, fire, grasshoppers etc.)?” If not, then you need to…
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ProfitTips is taking a different direction this time. Aaron and Tara Helmick recently shared with me a collection of “Lessons Learned” from the past 4 years as they have been…
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