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?
http://budwilliamsmarketing.com/
Take Care
The NewAg is Here
The Kit
Friday, October 10, 2008
Saturday, September 20, 2008
Grass Feedlot
What is your operation? Pasture Stocker, Pasture Backgrounder, Cow/Calf, Custom Grazer, Grass Fed.
What do all of these have in common?
GRASS.
You are essentially a "Grass Feedlot".
Now is your operation running at its peak efficiency of turning that GRASS into PROFIT?
The feedlot model of business is based on "Efficient use of all assets including equity, labor, equipment, & land" to produce a profit.
By using the feedlot business model, ranchers can begin to maximize their assets to obtain the highest level of profits.
Focusing on more then just 1 (one) enterprise and/or switching enterprises all together in your operation may produce more profit.
Come up with different enterprises and pencil them out.
Take Care
The NewAg is Here
What do all of these have in common?
GRASS.
You are essentially a "Grass Feedlot".
Now is your operation running at its peak efficiency of turning that GRASS into PROFIT?
The feedlot model of business is based on "Efficient use of all assets including equity, labor, equipment, & land" to produce a profit.
By using the feedlot business model, ranchers can begin to maximize their assets to obtain the highest level of profits.
Focusing on more then just 1 (one) enterprise and/or switching enterprises all together in your operation may produce more profit.
Come up with different enterprises and pencil them out.
Take Care
The NewAg is Here
Friday, September 5, 2008
KITT (Keep In Touch Times)
Networking.
Once you have established a network of relationships with positive like minded people you need to keep in touch with them. If a group of people have created a bond & trust then those persons can help each other make decisions in their AGRIBIZ.
KITT (Keep In Touch Times) can be scheduled to do just that. If you are planning on making decisions that will have major effects on your operation but you are not quite sure which way to go then bring it to the group.
The group should meat on a regular basis to keep the relationships going.
The HP Ranch Practicum is a great place to begin the KITT meetings.
The vast amount of knowledge and wisdom that can be attained by simply meeting 4 (four) times a year would be a great benefit to your AGRIBIZ.
The stress of "making the right decision" can be greatly reduced if you have "Your Team" to help you through the process.
Post your thoughts and lets build a TEAM
Take Care
The NewAG is Here
(Credit is given to http://www.ranchmanagement.com/ for this idea)
Once you have established a network of relationships with positive like minded people you need to keep in touch with them. If a group of people have created a bond & trust then those persons can help each other make decisions in their AGRIBIZ.
KITT (Keep In Touch Times) can be scheduled to do just that. If you are planning on making decisions that will have major effects on your operation but you are not quite sure which way to go then bring it to the group.
The group should meat on a regular basis to keep the relationships going.
The HP Ranch Practicum is a great place to begin the KITT meetings.
The vast amount of knowledge and wisdom that can be attained by simply meeting 4 (four) times a year would be a great benefit to your AGRIBIZ.
The stress of "making the right decision" can be greatly reduced if you have "Your Team" to help you through the process.
Post your thoughts and lets build a TEAM
Take Care
The NewAG is Here
(Credit is given to http://www.ranchmanagement.com/ for this idea)
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