To make $100,000 a year - You need $10,000,000. 1% Return on your money, if you do it the hard way purchasing everything you need. Or think outside the box. Own nothing but your livestock and only own them for a short period of time several times year. *Turnover*. Simplified - If you have 1 Animal Free and clear sell it then buy back 1 animal at a $2 profit - every day you would make $365 per cow per year. ($1 for profit & $1 for costs) X 300 head of livestock = $109500 per year. Put that on a realistic scale of a profit of only $20, after expenses, per head turned-over every 2 weeks for 50 weeks (2 week vacation) you would need a place for 200 head.(Rent It) The markets are so transparent that there are always deals to be bought and sold.
Luck=Being prepared to take advantage of an opportunity.
Would Bud Williams marketing work today with this market - Why Not?
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Thanks for the plug. We don't need to be doing a super-fast two-week turnaround to be wonderfully successful. Remember, the average cattleman turns his inventory ONCE per year. Any increase in turnover frequency above that is awesome.
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Bud Williams Marketing
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