Ranchonomics

What does it actually take to transform a ranching operation, not just incrementally, but fundamentally? In this episode, John Haskell sits down with Ryan Noble to walk through the key decisions that reshaped Noble Ranch, from its early days of financial pressure to a high-performing, flexible business built on intentional management.Ryan shares the pivotal moments that drove change, including leveraging land over livestock, utilizing leased cows to reduce risk, and ultimately making the difficult decision to exit the cow-calf business entirely. Through education, disciplined financial analysis, and a willingness to challenge long-held assumptions, Noble Ranch shifted toward a heifer development model that dramatically increased scale, margin, and quality of life, while creating a business that can operate without being dependent on any one individual.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:The early financial pressures that shaped Noble Ranch’s management approachHow leasing cows helped reduce risk and improve capital efficiencyThe impact of Ranching for Profit and Executive Link on decision-makingWhy transitioning from cows to heifer development changed the businessThe role of gross margin and economic profit in guiding major decisionsHow shifting enterprises improved both profitability and quality of lifeThe importance of continuous learning and surrounding yourself with accountabilityConnect with Ryan:Follow on Instagram @noble.ranchSend an email at [email protected] with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Check out all of our past webinars hereResources & Links:Knowledge Rich Ranching by Allan NationBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Join us online, ask questions, and get practical tools you can put to work tomorrow. Follow us on Facebook, Instagram, and LinkedIn to receive updates on our next session. Click the link below to catch up on all of our past webinars on YouTube.Webinars

Record cattle prices have created strong profits across the industry, but how much of that success is actually driven by good management versus simple market inflation? In this episode, John Haskell sits down with Ryan Noble and Wally Olson to break down the critical difference between inflation, deflation, appreciation, and depreciation, and why confusing these forces can lead to costly missteps, even in the best markets.As cattle values have surged over the past several years, many producers have seen their balance sheets grow without realizing how much of that gain is driven by external market forces. The conversation highlights how depreciation still quietly works against you, why relative value matters more than price, and how failing to actively manage herd inventory and replacement decisions can leave significant money on the table, especially when the market eventually turns.Make sure to hit subscribe/follow so you never miss an episode!In this episode, we cover:Why recent profits are largely driven by market inflation, not managementThe difference between inflation, deflation, appreciation, and depreciationHow cattle can depreciate even while prices are risingWhy relative value matters more than absolute priceThe hidden cost of holding cows too long and missing replacement windowsThe importance of actively valuing and managing inventoryConnect with Ryan:Follow on Instagram @noble.ranchSend an email at [email protected] with Wally: Check out his websiteConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the websiteCheck out all of our past webinars hereResources & Links:Ryan's Inflation Deflation SpreadsheetBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLCMentioned in this episode:Know your numbers and win. Ranch Right is here to help with all of your financial needs. Click below to book a discovery call today.Book a free discovery call

Debt is one of the most powerful and misunderstood tools in agriculture. In this solo episode, host John Haskell explains how ranchers and farmers should think about debt not as inherently good or bad, but in relation to the asset it finances and the cash flow it generates. He walks through why matching the term of a loan to the life of the asset is critical and how properly structured debt can support productive investments that strengthen the business.John also explores several common debt traps that can quietly weaken an operation over time. From borrowing for assets that do not generate income to repeatedly rolling operating losses into long-term loans, these patterns can limit flexibility and increase risk. The goal is not to avoid debt altogether, but to understand when it helps move a business forward and when it begins to work against it.Make sure to hit subscribe/follow so you never miss an episode!In this episode, I cover:How to evaluate debt based on the assets and cash flow it supportsWhy loan terms should match the life of the assetWhat separates good debt from bad debt in agricultureHow stale and toxic debt can develop in farm and ranch businessesWhy disciplined debt management improves long-term resilienceConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the websiteCheck out all of our past webinars hereResources & Links:Book a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLCMentioned in this episode:Join us online, ask questions, and get practical tools you can put to work tomorrow. Follow us on Facebook, Instagram, and LinkedIn to receive updates on our next session. Click the link below to catch up on all of our past webinars on YouTube.Webinars

As a business grows, the risks change. What works when you are selling small amounts to many customers may not work when your operation begins moving larger volumes and dealing with much bigger invoices. In this episode, John Haskell sits down with returning guest Tyler Dawley to talk about how growth in Tyler’s pasture-raised chicken business has introduced new financial risks.Tyler shares lessons he is learning in real time about protecting a business as it scales, including the emotional challenge of enforcing payment terms and why larger transactions require more formal agreements and processes. The conversation highlights an important point for any livestock or agricultural business: bigger operations require a different level of structure, risk management, and discipline.Make sure to hit subscribe/follow so you never miss an episode!In this episode, we cover:How Tyler’s chicken business evolved from small direct sales to large wholesale ordersWhy larger customers and bigger invoices create new financial risksThe impact that late or unpaid invoices can have on a growing operationIdeas for protecting your business with payment terms, contracts, and guaranteesThe challenge of balancing personal relationships with business decisionsWhy growing businesses need new systems for managing receivables and riskConnect with Tyler:Check out his websiteSend him an email at [email protected] with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the websiteCheck out all of our past webinars hereResources & Links:Book a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLCMentioned in this episode:Know your numbers and win. Ranch Right is here to help with all of your financial needs. Click below to book a discovery call today.Book a free discovery call

In this episode, John Haskell sits down with Wally Olson to revisit the classic inventory triangle of money, feed or grass, and livestock, and expand it into a five-part system by adding time and people. Together, they discuss why these two additions matter and how thinking in terms of a full inventory framework can improve flexibility, risk management, and profitability.From maintaining cash reserves and grass ahead of you to investing in people and managing livestock to build lighter, younger inventory, this conversation offers a practical lens for evaluating your ranch business every day.Make sure to hit subscribe/follow so you never miss an episode!In this episode, we cover:The evolution from the inventory triangle to a five-part systemWhy time is a limited resource and how turnover impacts cash flowThe importance of investing in people and building a strong networkMaintaining cash and grass reserves to manage riskManaging livestock age, weight, and value within your inventory frameworkConnect with Wally:Check out his websiteConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the websiteCheck out all of our past webinars hereResources & Links:Book a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLCMentioned in this episode:Join us online, ask questions, and get practical tools you can put to work tomorrow. Follow us on Facebook, Instagram, and LinkedIn to receive updates on our next session. Click the link below to catch up on all of our past webinars on YouTube.Webinars

In this solo episode, host John Haskell breaks down what he calls the five pillars of business and explains why operational excellence alone will not create a successful ranch. While many producers pride themselves on growing grass, managing cattle, and producing a quality product, John argues that operations are only one piece of a much larger system.He walks through marketing and sales, finance, human resources, administration, and operations, explaining how each pillar interacts with the others. A business that overemphasizes production while neglecting marketing, cash management, people management, or administrative discipline will eventually struggle. True success comes from being reasonably strong across all five areas and recognizing that running a business is an optimization process, not a production contest.Make sure to hit subscribe/follow so you never miss an episode!In this episode, I cover:The five pillars of businessWhy operational excellence is necessary but not sufficientThe difference between marketing and sales, and why both matterHow finance connects to every other part of the businessThe role of people management and continuing education in long-term successWhy balanced businesses outperform imbalanced ones over timeConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the websiteCheck out all of our past webinars hereResources & Links:Book a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLCMentioned in this episode:Click below to learn more about the team behind the mission at Ranch Right.Team

In this episode, John Haskell welcomes back Joseph Gardiner to talk about how curiosity turned into a company. Joseph shares the story behind launching Covers & Co, what problem he saw in the marketplace, and how he moved from idea to action while still managing the demands of his farming operation.The conversation walks through the realities of starting something from scratch, including testing ideas, managing risk, navigating uncertainty, and staying disciplined when early traction is slow. Joseph explains how the same principles that guide good marketing and financial decision-making on the farm also apply when building a new business.This episode is a practical look at entrepreneurship in agriculture, and a reminder that opportunity often starts with asking better questions and being willing to follow through.Make sure to hit subscribe/follow so you never miss an episode!In this episode, we cover:How curiosity and problem-solving led to the launch of Covers & CoIdentifying real market needs before investing time and capitalManaging risk and uncertainty when starting a new ventureApplying lessons from marketing and ranch management to a startupBalancing entrepreneurship with an existing farming operationLessons learned from building something from the ground upConnect with Joseph:Listen to his podcast, The Connor & Joe ShowCheck out his websiteSend him an email at [email protected] with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the websiteCheck out all of our past webinars hereResources & Links:Book a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLCMentioned in this episode:Join us online, ask questions, and get practical tools you can put to work tomorrow. Follow us on Facebook, Instagram, and LinkedIn to receive updates on our next session. Click the link below to catch up on all of our past webinars on YouTube.Webinars

In this episode, host John Haskell speaks to people navigating slow starts, tight margins, and the frustration that comes when progress is not immediately visible. He explains why doing the right things often feels unrewarding early on, even when those decisions are setting the foundation for long-term success.John emphasizes the importance of having a clear plan, measuring progress along the way, and staying disciplined long enough to build momentum. Drawing on lessons from Bud Williams, he reminds listeners that success rarely comes from quick fixes, but from consistently doing the right thing until it works and knowing when persistence is required versus when a strategy truly needs to change.Make sure to hit subscribe/follow so you never miss an episode!In this episode, I cover:Why business turnarounds and startups take longer than expectedHow momentum, debt, and past habits affect current performanceThe importance of clear KPIs and interim measures of progressWhy people often quit just before a business reaches its breakover pointHow planning and visible progress reduce burnout and fatigueConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the websiteCheck out all of our past webinars hereResources & Links:Book a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLCMentioned in this episode:Know your numbers and win. Ranch Right is here to help with all of your financial needs. Click below to book a discovery call today.Book a free discovery call

In this episode, John Haskell welcomes back Joseph Gardiner to unpack what actually sticks after a conference is over. They talk candidly about why so much good information never turns into real change and what separates ideas that fade from ones that reshape how a ranch operates.Joseph shares practical insights on turning inspiration into implementation, including how to filter what you hear, decide what matters most for your operation, and build simple systems that lead to follow-through. The conversation focuses on mindset, discipline, and intentional action rather than chasing the next new idea.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:Why most conference ideas never make it back to the ranchHow to decide which insights are actually worth implementingTurning inspiration into simple, repeatable action stepsThe role of mindset and discipline in creating lasting changeHow to get real return on the time and money spent attending eventsConnect with Joseph:Listen to his podcast, The Connor & Joe ShowCheck out his websiteSend him an email at [email protected] with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Check out all of our past webinars hereResources & Links:Episode 83. Implementing Sell Buy Marketing in Canada with Joseph GardinerBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Join us online, ask questions, and get practical tools you can put to work tomorrow. Follow us on Facebook, Instagram, and LinkedIn to receive updates on our next session. Click the link below to catch up on all of our past webinars on YouTube.Webinars

In this episode, John Haskell is joined by Canadian farmer Joseph Gardiner to explore how Sell Buy Marketing principles translate beyond U.S. borders and into a volatile, high-stakes market. Joseph shares how rethinking cattle as financial assets rather than inventory transformed his operation, sharpened decision-making, and improved cash flow during uncertain times.The conversation covers cow depreciation, intrinsic value, and the idea that keeping an animal is a buying decision made every day. Joseph explains how applying these concepts helped him confidently make large cattle purchases, uncover overlooked opportunities, and generate meaningful profits even when markets felt uncomfortable.This episode offers a practical, real-world look at how disciplined marketing, clear math, and the right mindset can create resilience and opportunity, no matter the geography or market conditions.Make sure to hit subscribe/follow so you never miss an episode!In this episode, we cover:Why Sell Buy Marketing works in volatile and high-price marketsHow cow depreciation and intrinsic value change marketing decisionsViewing owned animals and equipment as daily buy decisionsGenerating cash flow while building equity through market swingsUsing livestock to improve both profitability and soil healthWhy volatility can create opportunity for prepared operatorsConnect with Joseph:Listen to his podcast, The Connor & Joe ShowCheck out his websiteSend him an email at [email protected] with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the websiteCheck out all of our past webinars hereResources & Links:Episode 3. Cow Depreciation and Cow Longevity with Wally OlsonEpisode 4. Applying Sell Buy Marketing in Sheep with Aaron HelmickBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLCMentioned in this episode:Know your numbers and win. Ranch Right is here to help with all of your financial needs. Click below to book a discovery call today.Book a free discovery call

In this episode, host John Haskell is joined by Mike Glover, a former Special Forces SGM and CIA contractor, for a conversation about preparedness, decision-making under pressure, and why resilience is a learned skill rather than a personality trait. Mike will be a featured speaker at the upcoming Ranch Right Conference, and this discussion offers a preview of the resilience framework he will be teaching there.Mike shares lessons from his military career, including how deliberate planning, contingencies, and team alignment reduce chaos when things go wrong. He and John connect those ideas directly to ranching and agricultural businesses, where volatility, market cycles, weather events, and personal emergencies are part of the job. The conversation challenges the idea of cowboy decision-making and replaces it with structured thinking, calm execution, and clear plans built before stress hits.This episode is a reminder that resilience is not about avoiding problems. It is about being prepared to move forward when plans break, markets shift, or circumstances change unexpectedly.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:How military planning frameworks translate to ranch and business decisionsWhy preparedness reduces stress and improves decision qualityThe difference between confidence built on planning and emotion-driven reactionsHow teams function better when objectives and contingencies are clearWhy self-reliance and resilience matter during market and life disruptionsWhat Mike will be teaching at the Ranch Right Conference and how it fits the broader frameworkConnect with Mike:Learn from Mike on YouTubeConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Check out all of our past webinars hereResources & Links:Prepared by Mike GloverBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Join us online, ask questions, and get practical tools you can put to work tomorrow. Follow us on Facebook, Instagram, and LinkedIn to receive updates on our next session. Click the link below to catch up on all of our past webinars on YouTube.Webinars

Strong ranch businesses are built on more than good markets and solid production. In this episode, John is joined by Joshua and Tara Dukart, two of the speakers at the upcoming Ranch Right Conference, to talk about why self-leadership, teamwork, and resilience matter more than ever in today’s ranching environment.Joshua and Tara share insights from their own experience working with agricultural families and teams, focusing on how personal accountability shapes leadership, how communication affects culture, and why resilience is a learned skill rather than an innate trait. The conversation explores the human side of running a ranch, including navigating pressure, avoiding burnout, and building teams that perform well in both good times and hard seasons.This episode offers a preview of what attendees can expect from the upcoming Ranch Right Conference in Alabama on February 16-19, 2026.Make sure to hit subscribe/follow so you never miss an episode!In this episode, we cover:Why self-leadership is foundational to long-term ranch successHow communication and trust shape strong teamsThe role resilience plays during stress, transition, and uncertaintyCommon leadership challenges in ranch families and operationsWhat Joshua and Tara will be speaking about at the Ranch Right ConferenceConnect with Joshua & Tara:Follow on FacebookLearn more about Win WarriorsCheck out their upcoming eventsCheck out their websiteConnect with Ranch Right:Subscribe on YouTubeFollow on Instagram @ranchrightllcFollow on FacebookCheck out the websiteCheck out all of our past webinars hereResources & Links:The Happiness Advantage by Shawn AchorBook a Free Discovery Call to Learn MoreRanching for ProfitRanching.FYIWally Olson, Olson Ranch LLCMentioned in this episode:Know your numbers and win. Ranch Right is here to help with all of your financial needs. Click below to book a discovery call today.Book a free discovery call

Most people assume cattle buying is a business that takes decades to break into. In this episode, John sits down with Eli Hopping, a 16-year-old cattle buyer from northeastern Oklahoma, to talk about how skill, discipline, and reputation matter far more than age when having an eye for cattle. Joined by Wally Olson, the conversation highlights what it really takes to succeed in the sale barn and why doing a good job consistently is still the fastest way to earn trust.Eli shares how growing up around auction barns shaped his eye for cattle, how he learned to think fast under pressure, and what he looks for when evaluating calves in the ring. The discussion also covers customer relationships, commission structures, record keeping, and why understanding where cattle are going is just as important as knowing what to buy.Make sure to hit subscribe/follow so you never miss an episode!In this episode, we cover:How Eli got started buying cattle at a young age and earned trust in the sale barnWhat experienced buyers look for when evaluating cattle quickly and accuratelyWhy reputation, consistency, and knowing your customers matter more than ageThe importance of understanding cattle potential and where those cattle will be soldLessons about business, math, and decision-making learned in real time at auctionsConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the websiteCheck out all of our past webinars hereResources & Links:His Cavvy FoundationBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLCMentioned in this episode:Join us online, ask questions, and get practical tools you can put to work tomorrow. Follow us on Facebook, Instagram, and LinkedIn to receive updates on our next session. Click the link below to catch up on all of our past webinars on YouTube.Webinars

At a time when conventional row crop margins are under heavy pressure, John sits down with Reece Klug to explore a very different path. Reece farms with his family in eastern Nebraska, running both conventional and organic acres alongside a feedlot operation. In this conversation, they dig into what organic production actually looks like in practice, beyond the buzzwords and assumptions.Reece shares how their operation transitioned acres into organic production, the mistakes they made along the way, and the mindset shift required to move away from input-driven systems toward biology, rotations, and management. They discuss soil health changes over time, integrating cover crops and grazing, certification requirements, and how organic grain markets really work. With real numbers and honest comparisons, this episode highlights why organic production has dramatically improved profitability per acre for their operation, even through challenging market cycles.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:What the three-year organic transition really looks like in practiceYield changes, input reductions, and how profitability compares to conventional cropsHow cover crops and grazing fit into an organic row crop systemOrganic grain markets, pricing, and working directly with buyersCertification requirements, audits, and record-keeping realitiesConnect with Reece:Send an email at [email protected] 402-910-4805Connect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the websiteCheck out all of our past webinars hereResources & Links:Book a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Know your numbers and win. Ranch Right is here to help with all of your financial needs. Click below to book a discovery call today.Book a free discovery call

Most ranchers know the Farm Service Agency exists, but few fully understand the programs, payments, and opportunities available to them. In this episode, John sits down with two former FSA employees, Kailee Butterfield and Micayla Giffin, to break down how these programs really work and how ranchers can use them as practical management tools rather than confusing government paperwork.Kailee and Micayla explain why participating in FSA programs can create a real competitive advantage, how deadlines and rules actually function at the county level, and what ranchers need to know before signing up for contracts or disaster programs. They walk through common challenges, what producers can realistically expect, and how to build a productive relationship with your local office. This conversation is a grounded, honest guide to how FSA programs fit into a profitable operation and how to use them wisely without relying on them to save the ranch.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:Why participating in FSA programs can create a real competitive advantageThe major categories of programs ranchers should know aboutHow FSA loans work and when they make sense for new or growing operationsCommon challenges producers face and how to navigate confusing rulesHow deadlines, paperwork, and county office differences really workPractical tips for staying informed and building strong relationships with staffConnect with Kailee:Send an email at [email protected] with Micayla:Send an email at [email protected] on Instagram @micaylagiffinFollow on Facebook @micayla.giffin and @GiffinFarmsSubscribe to YouTube @GiffinFarmsConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Check out all of our past webinars hereResources & Links:ChatGPT FSA Program Navigator ToolBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Join us online, ask questions, and get practical tools you can put to work tomorrow. Follow us on Facebook, Instagram, and LinkedIn to receive updates on our next session. Click the link below to catch up on all of our past webinars on YouTube.Webinars

Tax planning is one of the most overlooked tools in ranch management, yet it can save a business thousands of dollars when done well. In this solo episode, John walks through the practical process Ranch Right uses with ranching clients to plan ahead, avoid surprises, and make smart decisions before the year ends. He explains why tax strategy should never be about panic spending and why good planning always starts with accurate numbers and a clear picture of the year.John also breaks down how different types of income are taxed, how brackets work, and how ranchers can use livestock purchases, depreciation, and timing to manage their liability across multiple years. With clear examples and straightforward guidance, this episode helps ranchers understand how to make decisions that support cash flow, long-term profit, and tax liability.Make sure to hit subscribe/follow so you never miss an episode! In this episode, I cover:Why tax planning starts with accurate financials before the end of the yearHow to project fall income and expenses and adjust through the seasonWhen prepaying expenses or making strategic purchases can make senseCommon mistakes that drain cash without reducing taxesHow tax brackets work and why managing income across multiple years mattersThe difference between ordinary income, capital gains, and self-employment taxesHow livestock purchases, depreciation, and retirement accounts fit into a solid strategyConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the websiteCheck out all of our past webinars hereResources & Links:Book a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Know your numbers and win. Ranch Right is here to help with all of your financial needs. Click below to book a discovery call today.Book a free discovery call

Hard times can feel like the end of the world, but what if they're actually the start of something better?In this episode, I sit down with long-time friend and rancher, Kim Barker from Walnut Creek Farms in Oklahoma, to talk about the unexpected ways drought, high prices, family challenges, and even personal setbacks can become turning points in your ranching business. Kim has lived through plenty of ups and downs, and he shares how a crisis mindset can keep you stuck, while an opportunity mindset can turn the same situation into a launchpad.From navigating multi-year droughts to helping the next generation get started, Kim lays out practical examples of how to look ahead, prepare wisely, and build a network that helps you see opportunities you would have missed on your own. Whether you are dealing with tight feed, high cattle prices, family pressure, or just a tough season, this episode will help you reframe the challenge and look for hidden opportunities in hard times.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:How drought and other crises can create long-term opportunities you cannot see in the momentWays to prepare for tough years by deciding early what to sell, what to keep, and where to marketHow other people's drought and feed can open profitable doors if you have the right skills and portable infrastructureWhy high prices are a chance to clean up your herd, strengthen your finances, and make smart changesHow education, relationships, and a strong network make opportunities easier to spotThe mindset shift that turns a crisis into a turning point instead of a setbackConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Check out all of our past webinars hereResources & Links:Man's Search for Meaning by Viktor E. FranklBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Join us online, ask questions, and get practical tools you can put to work tomorrow. Follow us on Facebook, Instagram, and LinkedIn to receive updates on our next session. Click the link below to catch up on all of our past webinars on YouTube.Webinars

When cattle prices climb to levels few of us have ever seen, the dollar value of a single load can quietly double, or even triple. And while most ranchers wouldn’t dream of driving uninsured, many are still hauling cattle with cargo coverage that hasn’t been updated in years. Are your cattle covered?In this episode, Julie Davidson of High Country Coverage Consulting returns to walk us through the real risks and the practical steps every rancher should take before cattle hit the road. From radius limits and VIN-specific coverage to knowing who’s responsible when a neighbor hauls your calves, this is a timely conversation for a high-price market.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:Why standard $100,000 cargo policies are now dangerously insufficient when calves can be worth $250k–$400k per loadWho is responsible for coverage, depending on whether you haul, the buyer hires the trucks, or a neighbor does you a favorHow cargo policies actually work: VIN-specific coverage, trailer listings, radius limits, and why “one policy for the ranch” isn’t enoughWhat happens when there’s an accident, including how loss values are calculated and why injured cattle require special evaluationKey exclusions, especially the fact that loss of market price is not coveredPractical steps to update coverage as markets rise and fall, so you’re protected without overspendingConnect with Julie:Send her an email at [email protected] with Ranch Right:Meet the Ranch Right teamSubscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Book a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLCCheck out all of our past webinars hereMentioned in this episode:Click below to learn more about the team behind the mission at Ranch Right.Team

Buying cattle in a high market can feel intimidating, but as Wally Olson reminds us, the price doesn’t matter nearly as much as the relationship. In this episode, John and Wally dig into how to buy cattle the right way, why you always need to sell before you buy, and how understanding the value of gain, weight classes, and local market culture helps you make confident, profitable decisions no matter where the market sits.Wally draws on decades of experience as a rancher, marketer, and educator to break down practical buying strategies, from barn cards to understanding how geography, humidity, forage quality, and reputation all shape performance and price. John and Wally walk through real-world examples, common pitfalls, and why good marketing, not good luck, is what drives long-term profitability.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:Why you should always sell before you buy, and how that drives cash flow and clarityHow to evaluate cattle across weight classes, age classes, and pregnancy status using the value of gainBuilding a dependable barn card and running the numbers to know exactly what you can payHow geography, humidity, forage quality, and local culture affect buying decisions and animal performanceWhen to use an order buyer, how to work well with one, and why reputation matters in both directionsSmarter strategies for packaging cattle, contracting, and marketing in high-price environmentsConnect with Wally:Check out his websiteConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Check out all of our past webinars hereResources & Links:Value Of GainBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Join us online, ask questions, and get practical tools you can put to work tomorrow. Follow us on Facebook, Instagram, and LinkedIn to receive updates on our next session. Click the link below to catch up on all of our past webinars on YouTube.Webinars

It’s open-enrollment season, and if you’re sorting through health insurance options, you’re not alone. In this episode, John sits down with insurance expert Julie Davidson to walk through what ranch families need to know before choosing a Marketplace plan, from how subsidies actually work to what those deductibles and out-of-pocket numbers really mean.Julie breaks down why your modified adjusted gross income is the key number that drives your subsidy, why calling to enroll is almost always better than doing it online, and what to watch for if you’re choosing between work-provided coverage and Marketplace options. John and Julie also talk through real-world considerations like prescription costs, family deductibles, HSA-eligible plans, and why Medicaid isn’t always the safety net folks assume it is.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:How open enrollment works and why your modified adjusted gross income drives your subsidyThe pros and cons of Marketplace options vs. employer plans, and when to call instead of enrolling onlineHow to think about deductibles, out-of-pocket maximums, HSAs, and choosing the right level of coverageWhat to watch for with prescription costs, plus tools like GoodRxWhy insurance should be viewed as risk protection, not a prepaid health planHow to avoid surprise bills and tax-time subsidies gone wrongConnect with Julie:Send her an email at [email protected] with Ranch Right:HealthCare.govGoodRxHealthpilotSubscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Book a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Know your numbers and win. Ranch Right is here to help with all of your financial needs. Click below to book a discovery call today.Book a free discovery call

Most ranchers know their cow herd, but not everyone truly knows their inventory. In this solo episode, John breaks down why keeping track of what you own is one of the most overlooked (and most profitable) skills in ranching.Whether you run stockers or a cow-calf operation, knowing your inventory helps you make smarter sell/buy decisions, manage your assets like an investor, and keep your operation flexible in a changing market. John walks through simple, hands-on ways to track and tag animals so you always know what you’ve got, from age breakdowns and pregnancy status to an easy color-coded clip system that makes sorting and marketing decisions faster and clearer.If you’ve ever found yourself saying “I think we’ve got about…,” this episode is for you.Make sure to hit subscribe/follow so you never miss an episode! In this episode, I cover:Why inventory awareness is the foundation of asset-based ranch managementHow to tag and track cows for smarter marketing decisionsThe importance of age breakdowns and pregnancy status in herd planningManaging three-year-olds and maintaining cow condition through the winterHow to make better decisions with less complexity and more clarityConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the websiteCheck out all of our past webinars hereResources & Links:Book a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Join us online, ask questions, and get practical tools you can put to work tomorrow. Follow us on Facebook, Instagram, and LinkedIn to receive updates on our next session. Click the link below to catch up on all of our past webinars on YouTube.Webinars

When should you sell your cattle, and how do you know if it’s the right move? In this episode, host John Haskell sits down with Wally Olson, longtime rancher and sell/buy marketer, to dig into the mechanics and mindset behind selling cattle well.From recognizing when your cattle are overvalued to choosing between selling in the country, through the sale barn, or on a video auction, Wally breaks down the numbers and the “why” to make smarter selling decisions. John and Wally also unpack real-world factors like shrink, commissions, and freight costs, as well as how to use tools like scales, slides, and contracts to protect your margins.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:How to identify overvalued and undervalued cattle in your herdThe hidden costs of different selling options (and how to manage them)Why relationships with sale barn managers and buyers matterPractical strategies for building confidence in pricing and marketing decisionsConnect with Wally:Check out his websiteConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Book a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Know your numbers and win. Ranch Right is here to help with all of your financial needs. Click below to book a discovery call today.Book a free discovery call

Insurance might not be the most exciting part of running a ranch, but it can make or break your operation when things go wrong. In this episode, host John Haskell sits down with Julie Davidson, resident insurance expert, to unpack smart insurance moves and what every rancher should know about coverage, deductibles, and managing risk in a shifting market. Julie explains how rethinking your deductible could save you serious money, how to weigh the pros and cons of filing a claim, and what to look for when choosing between replacement cost and actual cash value coverage. Whether you’re protecting your ranch, your vehicles, or your home, this episode will help you stay covered (and smart), no matter what the market brings.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:Why reviewing your policy regularly can reveal hidden savingsHow to balance premiums and deductibles for your unique risk toleranceThe difference between replacement cost and actual cash value coverageTips for handling claims, documentation, and negotiation with your insurerConnect with Julie:Send her an email at [email protected] with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Episode 69. Avoiding Insurance Pitfalls: What Every Rancher Should KnowEpisode 66. Protecting Your Ranch: Insurance Insights with Julie DavidsonBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Join us online, ask questions, and get practical tools you can put to work tomorrow. Follow us on Facebook, Instagram, and LinkedIn to receive updates on our next session. Click the link below to catch up on all of our past webinars on YouTube.Webinars

Host John Haskell welcomes Julie Davidson to the podcast today to discuss trends in the insurance industry and how to avoid common insurance pitfalls. They discuss changes to underwriting and the increased use of drone technology, when to use insurance apps (and when not to), and what to consider before making an insurance claim. Julie also highlights the importance of understanding deductibles, especially for comprehensive coverage, and the potential impact of claim frequency on premiums. She highlights the need for proper eligibility checks when switching policies and the possible challenges of insuring in high-risk areas, such as those prone to wildfires.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:The increasing use of technology in underwriting, including drones and satellite imageryUsing insurance apps for checking premiums, coverages, and changing payment methods, but not using them for complex tasks like filing claimsThe importance of consulting agents before filing claims to ensure the best possible outcome and avoid unnecessary claimsWhat every rancher should know about transitioning insurance policiesInsurance eligibility, high-risk areas, and self-insuringConnect with Julie:Send her an email at [email protected] with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Episode 66. Protecting Your Ranch: Insurance Insights with Julie DavidsonBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Know your numbers and win. Ranch Right is here to help with all of your financial needs. Click below to book a discovery call today.Book a free discovery call

Ryan White is back on the podcast today to discuss the importance of land monitoring in ranching operations. He shares several SnapLand case studies that highlight the solutions provided by his ecosystem services company for businesses and landowners. These cases really show how different businesses and their leadership are taking some of the best feedback and natural resource accounting and turning that into revenue streams for their multi-generational operations. Ryan and John also discuss the value of data in land management, citing a food brand sale worth $300-$500 million based on land health. They emphasize the need for ranchers to take responsibility for their monitoring and leverage technology to create sustainable environments.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:How monitoring data helped ranchers come together and maintain their public grazing leasesThe challenges with government agencies' monitoring responsibilities and the importance of ranchers taking responsibility for their monitoringHow a small ranch operation saw a fourfold return on their monitoring program and received funds from the NRCS for improved grazing standardsThe value of empowering ranchers with the right information, trusting their own decisions, and using technology to their advantageConnect with Ryan:Check out his websiteSend him and email at [email protected] with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Episode 67. Ecosystem Services & Ranching’s Future with Ryan WhiteBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Join us online, ask questions, and get practical tools you can put to work tomorrow. Follow us on Facebook, Instagram, and LinkedIn to receive updates on our next session. Click the link below to catch up on all of our past webinars on YouTube.Webinars

SnapLands founder Ryan White joins host John Haskell on the podcast to discuss how their ecosystem services help people manage their land by creating efficient feedback loops between their land and businesses. With Ryan's background in land restoration, he shares why it's important to have a holistic approach to land management by creating a continuous improvement system for natural resources. Ryan and John also discuss the components of SnapLands' Land Management Impact Program and the packages and services offered by SnapLands to help ranchers optimize their land use and profitability. Their goal is to attract future leaders in the ranching industry and ensure sustainable, profitable land management.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:The importance of holistic management and thinking about the greater context in land managementHow SnapLands creates an efficient feedback loop from people's lands to their businesses, focusing on increasing profit through optimal resource useThe external benefits of ranching operations, such as reducing runoff and providing wildlife habitatThe three packages SnapLands offers and their commitment to educating clients and helping them make informed decisions about their land management practicesConnect with Ryan:Check out his websiteSend him and email at [email protected] with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Book a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Click below to learn more about the team behind the mission at Ranch Right.Team

Julie Davidson, an experienced insurance professional, joins host John Haskell on the podcast today to share her farm and ranch insurance insights and considerations for how to protect your ranch. Key insights include the importance of regular policy reviews, the pitfalls of outdated coverage, and the critical role of insurance scores in setting premiums. Julie also emphasizes the need for adequate liability insurance, including liability umbrella and premises policies, and explains the impact of claim frequency on insurance ratings.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:The role of an insurance adjuster and their involvement during claimsChallenges farmers face when switching agents or inheriting policies from previous generationsBasic livestock insurance options, such as coverage for death loss on the road, and why you shouldn't rely solely on blanket coverageThe necessity of maintaining adequate liability coverage to prevent severe financial consequences from lawsuitsSeveral elements that influence insurance scores, such as claim frequency, credit score, and the frequency of changing insurance providersConnect with Julie:Send her an email at [email protected] with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Book a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Join us online, ask questions, and get practical tools you can put to work tomorrow. Follow us on Facebook, Instagram, and LinkedIn to receive updates on our next session. Click the link below to catch up on all of our past webinars on YouTube.Webinars

Alex McKiernan and John Locke are back with host John Haskell in this episode of the Ranchonomics podcast to discuss the concept of legacy in ranching. Building on the discussion from last week's episode about mission and vision, John Locke stresses that legacy begins with a vision and can be either a blessing or a burden, depending on how it's understood and managed. They share stories that illustrate the impact of past generations' decisions on future ones, emphasizing the need for reflective listening and intentional stewardship. This conversation also highlights the importance of creating value beyond financial assets, such as fostering innovation and community service, to ensure a sustainable legacy for future generations.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:The need to regularly revisit and adapt a business's mission and visionThe importance of not letting past generations' expectations limit future generationsBeing good listeners and understanding the intentions behind past generations' decisionsCreating value beyond assets and thinking about the long-term impact and how they can continue to provide value over multiple generationsConnect with John:Follow on FacebookSend him an email at [email protected] with Alex:Follow on Instagram @robinettefarmsCheck out his websiteConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:What Would the Rockefellers Do? by Garrett B GundersonEpisode 64. Defining Your Ranch Legacy with Alex McKiernan and John LockeEpisode 63. Mindset and Emotional Barriers to SuccessionBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Know your numbers and win. Ranch Right is here to help with all of your financial needs. Click below to book a discovery call today.Book a free discovery call

Host John Haskell and co-host Alex McKiernan welcome back John Locke to discuss the distinctions between mission, vision, and purpose in both business and personal life to define your ranch legacy. They emphasize the importance of shared vision in driving decisions and actions, highlighting the ICA process, a four-step tool for defining and achieving vision, and stress the significance of emotional connection to goals. This conversation also touches on the challenges of change, the importance of defining wants over needs, and the role of values in guiding decisions.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:Defining mission, vision, and purposeThe power of a shared mission and vision, and the importance of being emotionally connectedThe role of emotional investment and fulfillment, and the idea that wants are more important than needsTools and processes for visioning and mission creationThe importance of being open to new experiences, continuous revisioning, and the role of vision in guiding personal and professional growthConnect with Connect with John:Follow on FacebookSend him an email at [email protected] with Alex:Follow on Instagram @robinettefarmsCheck out his websiteConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Episode 63. Mindset and Emotional Barriers to Succession10x Is Easier Than 2x by Dan SullivanStart With Why by Simon SinekFind Your Why by Simon SInek, Peter Docker, and David MeadBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Join us online, ask questions, and get practical tools you can put to work tomorrow. Follow us on Facebook, Instagram, and LinkedIn to receive updates on our next session. Click the link below to catch up on all of our past webinars on YouTube.Webinars

John Haskell and co-host Alex McKiernan welcome John Locke, a sixth-generation rancher and instructor at Ranching for Profit, to the podcast today to discuss mindset and emotional barriers to succession in ranching. John highlights the importance of understanding emotions and effective communication, citing the need for extreme ownership and intentional listening. He shares his personal experience with a challenging succession event and the value of defining a legacy beyond physical assets.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:Setting ourselves up for a successful succession eventHow fear is often the fundamental emotion that drives people away from conversations about succession planningUnderstanding your emotions to turn destructive communication into effective communicationPractical tools for effective communication, including reflective listening and asking questions to understandConnect with John:Follow on FacebookSend him an email at [email protected] with Alex:Follow on Instagram @robinettefarmsCheck out his websiteConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Extreme Ownership by Jocko Willink and Leif Babin7 Habits Of Highly Effective People by Stephen R. CoveyLeadership And Self-Deception by The Arbinger InstituteHealthy Land, Happy Families and Profitable Businesses by David W PrattMindset Above All: Alex McKiernan's Resilient Journey Post-Accident (Part 1, Part 2, Part 3)Business Resiliency When the Unexpected Happens with Chloe Diegel (Part 1, Part 2, Part 3)Book a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Know your numbers and win. Ranch Right is here to help with all of your financial needs. Click below to book a discovery call today.Book a free discovery call

Nic De Castro, Founder and CEO of LandTrust, is back on the podcast today with host John Haskell to talk all about LandTrust, a marketplace for outdoor recreation on private land. Nic shares who it's for, the symbiotic relationship between LandTrust and landowners, and the low-touch, high-control nature of the business and its potential to provide extra income. They also discuss the types of activities customers are seeking out on the platform and how LandTrust makes it safe and convenient for landowners by offering liability insurance, ID verification, and payment processing.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:What LandTrust is, who it's for, and what makes it workThe benefits to the landowner for listing their property on LandTrustGoing beyond hunting and the various activities customers seek outLiability insurance, maintaining control, and profit potentialConnect with Nic:Follow on Instagram @landtrust_huntCheck out his websiteCall LandTrust at 406-709-8450Connect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Episode 61. Entrepreneurship with Nic De CastroEpisode 57. Financial Metrics To Focus On with Dr. David KohlEpisode 21. LandTrust with Taylor MoyerBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Join us online, ask questions, and get practical tools you can put to work tomorrow. Follow us on Facebook, Instagram, and LinkedIn to receive updates on our next session. Click the link below to catch up on all of our past webinars on YouTube.Webinars

John Haskell hosts Nic De Castro from LandTrust in a discussion about entrepreneurship. Nic shares his unique background in technology, his early startup experiences, and his transition from New York City to Bozeman, Montana. He discusses his philosophy on what makes a business successful and the concept of hypotheses in business. Nic also highlights the challenges and opportunities in working with multi-generational farm and ranch families, stressing the need for progressive thinking and succession planning.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:The importance of hiring competent, motivated adultsHow a business is a test of whether a customer is willing to pay for a product or serviceThe difference between marketing and salesThe two-sided marketplace model of LandTrust and the challenges and observations in working with landownersThe role of family dynamics in business decisionsConnect with Nic:Follow on Instagram @landtrust_huntCheck out his websiteConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Book a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Know your numbers and win. Ranch Right is here to help with all of your financial needs. Click below to book a discovery call today.Book a free discovery call

Bob Metzger is back on the podcast to discuss social dynamics, the challenges and opportunities in America, and the importance of deferred gratification and realistic expectations with host John Haskell. They talk about how, despite economic ups and downs, opportunities are abundant for those willing to work hard and manage their finances. Bob highlights the resilience of previous generations who succeeded by saving and making do, and shares his views on needs versus wants. They also touch on the success stories of immigrants who thrive in the U.S. due to its opportunities.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:Why it is no harder to get ahead in America today than it was in the pastDelayed gratification and how expectations determine happinessThe historical context of hardship and the relative ease of modern life compared to past generationsThe importance of balancing wants versus needsThe opportunities available in the U.S., particularly for immigrants who come with nothing and succeed through hard workConnect with Ranch Right:SuperabundanceSubscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Episode 59. Opportunity Cost with Bob MetzgerBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Join us online, ask questions, and get practical tools you can put to work tomorrow. Follow us on Facebook, Instagram, and LinkedIn to receive updates on our next session. Click the link below to catch up on all of our past webinars on YouTube.Webinars

In this episode of Ranchonomics, host John Haskell sits down with expert Bob Metzger to delve into the critical concept of opportunity cost in relation to both short-term and long-term investments. They explore the importance of factoring in interest payments when making financial decisions, as well as the power of compounding interest in maximizing returns. Metzger emphasizes that adopting a long-term mindset is essential for sustained success in ranching, cautioning against the allure of short-term gains that may lead to significant losses. The discussion also touches on the current “all-time-high” market, prompting insightful reflections on whether or not now is an opportune time to invest. This episode is packed with actionable insights that empower ranchers to align daily operations with strategic financial thinking, steering the business from chaos to clarity.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:Opportunity cost as it relates to short term and long term investmentsAccounting for paying interest when evaluating the cost of a decisionConsidering compounding interest when evaluating return on investmentThoughts on the “all-time-high” cattle market and whether or not it's a good time to buyExamples of how short term mindsets may have big wins short term but will also have big lossesHow having a long-term mindset will win in the long termConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Book a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Click below to learn more about the team behind the mission at Ranch Right.Team

Dr. David Kohl again joins host John Haskell to discuss the importance of a management mindset in farming and ranching operations. They discuss why, as a non-financial factor, having a strong management mindset matters and some tools you can apply to improve the various aspects of your business. Dr. Kohl highlights the significance of having a written business plan, setting specific, measurable, attainable, reasonable, and timely (SMART) goals, and regularly monitoring and adjusting plans based on changing conditions.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:Why the cranium is the "sixth C" in addition to the traditional five (cash flow, character, collateral, conditions, and capacity)Effectiveness over efficiency and the concept of being a "five percenter"Practical steps to start creating a business planThe importance of transition planning and giving up controlMonitoring business plans and adjusting them based on changing conditionsSensitivity analysis and risk managementConnect with Dr. David Kohl:Follow on LinkedInConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Episode 57. Financial Metrics To Focus On with Dr. David KohlEpisode 56. Commonalities of Successful Farmers & Ranchers with Dr. David KohlBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Join us online, ask questions, and get practical tools you can put to work tomorrow. Follow us on Facebook, Instagram, and LinkedIn to receive updates on our next session. Click the link below to catch up on all of our past webinars on YouTube.Webinars

Dr. David Kohl is back on the podcast today to discuss key financial metrics for ranch operations. With his background in agriculture, finance, and entrepreneurship, Dr. Kohl shares why you should be paying attention to your net profit margin, debt coverage ratio, net operating income, working capital, operating expense revenue, and debt-to-asset ratio. Dr. Kohl and host John Haskell break down what these KPIs mean and what ratios and percentages to aim for. Dr. Kohl also emphasizes how, especially in agriculture, there is no one-size-fits-all approach when it comes to these financial factors and the importance of understanding how they all work together to create balance.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:Examples of non-financial factors that can impact creditWhat net profit margin is and what percentage to aspire toBreaking down debt coverage ratio, risk management, and net operating incomeThe importance of knowing your working capital and aiming for at least 25%Operating expense revenue and debt-to-asset ratiosUnderstanding how all of these KPIs work together to create balance and ensure overall financial healthConnect with Dr. David Kohl:Follow on LinkedInConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Episode 56. Commonalities of Successful Farmers & Ranchers with Dr. David KohlBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Know your numbers and win. Ranch Right is here to help with all of your financial needs. Click below to book a discovery call today.Book a free discovery call

Virginia Tech academic Dr. David Kohl joins host John Haskell on the podcast today to discuss key factors and commonalities for successful farmers and ranchers. He emphasizes the importance of developing a monthly or quarterly cash flow plan, which he refers to as the REM factor (respond, execute, monitor), as well as regenerative practices for both resources and personal well-being. He highlights the significance of setting goals, introduces the 60-30-10 principle in finance, and the necessity of a risk management plan and community investment.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:Dr. Kohl's extensive experience both in academia and running a 25-year-old cow-calf hay operation and dairy creameryTaking ownership of numbers, developing a cash flow plan, and understanding the operational planThe dangers of lifestyle creep and the importance of allocating time and resources effectivelyThe need for age-friendly livestock systems and prioritizing mental, physical, and spiritual healthThe importance of having a risk management plan, including crop and livestock insurance, and investing back into the communityConnect with Dr. David Kohl:Follow on LinkedInConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Book a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Join us online, ask questions, and get practical tools you can put to work tomorrow. Follow us on Facebook, Instagram, and LinkedIn to receive updates on our next session. Click the link below to catch up on all of our past webinars on YouTube.Webinars

Dallas Mount returns to the podcast to discuss the trend of over-specialization in ranching, highlighting the challenges and pitfalls of diversifying too much, too quickly. Dallas and host John Haskell emphasize the importance of focusing on a few core businesses that operate at scale and are profitable when talking about management experience and competence. Dallas notes that businesses with one, two, or three profitable enterprises are more likely to be successful. They also discuss the tendency to overestimate revenue and underestimate the costs of new enterprises, as well as the value of community cooperation and interdependence over self-reliance, advocating for strategic partnerships over independent expansion.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:The current trend of diversification vs. specializationHow many enterprises are too many, and the challenges of managing a diverse businessThe concept of "profit envy"Considerations for starting a new enterprise, including the scale and experience of the businessConnect with Dallas:Follow on Instagram @ranching4profitFollow on FacebookSubscribe on YouTubeConnect on LinkedInCheck out his websiteSend him an email at [email protected] with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Book a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Know your numbers and win. Ranch Right is here to help with all of your financial needs. Click below to book a discovery call today.Book a free discovery call

John Haskell welcomes Dallas Mount back to the podcast to discuss how to think about the future while ignoring the past. Sometimes we find ourselves in a situation we don't want to be in, and we want to reset and start over. Dallas walks us through an exercise he covered in a recent presentation to help us reconsider all of our assets on paper.He shares how to reevaluate and optimize assets on family ranches, emphasizing the importance of listing and valuing significant assets, such as livestock and machinery, and then considering their market value. The exercise involves imagining the business with this capital as cash and deciding how to reinvest it for better business outcomes. They also highlight the importance of striking a balance between profitability and employee satisfaction, as well as the potential pitfalls of holding onto unnecessary assets.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:A walkthrough of Dallas's exercise to reevaluate assets and deploy capitalBreaking out of the legacy trap and starting from scratch on paperEconomic considerations of equipment ownershipPotential pitfalls of this exercise and applying it in different situationsConnect with Dallas:Follow on Instagram @ranching4profitFollow on FacebookSubscribe on YouTubeConnect on LinkedInCheck out his websiteSend him an email at [email protected] with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Book a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Join us online, ask questions, and get practical tools you can put to work tomorrow. Follow us on Facebook, Instagram, and LinkedIn to receive updates on our next session. Click the link below to catch up on all of our past webinars on YouTube.Webinars

Host John Haskell welcomes back Stan and Eileen from Ramstead Ranch in part 2 of their conversation, discussing business processes and the operational improvements that have doubled their team's efficiency. They share the simple yet effective changes they implemented that led to a significant increase in package volume while maintaining error-free operations. The Ramsteads also emphasize the importance of Standard Operating Procedures (SOPs), continuous improvement, and the positive impact the increased efficiency has had on their personal lives.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:Examples of specific changes their team implemented to double the work in half the timeThe impact getting their fulfillment team back on a reasonable schedule had on Stan and Eileen as business ownersSOPs and continuously looking at the system for areas of improvementThe importance of letting go of control and returning to basics when you get off trackConnect with Ramstead Ranch:Follow on Instagram @ramsteadranchFollow on FacebookSubscribe on YouTubeCheck out the websiteConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Episode 52. Business Processes with the Ramsteads, Part 1The Toyota WayScrum: The Art of Doing Twice the Work in Half the TimeNUMMI - This American LifeTeam of Teams: New Rules of Engagement for a Complex WorldBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Know your numbers and win. Ranch Right is here to help with all of your financial needs. Click below to book a discovery call today.Book a free discovery call

Stan and Eileen from Ramstead Ranch in Washington State sit down with host John Haskell to discuss the challenges of scaling a direct-to-consumer business, particularly in fulfillment.In part 1 of this conversation, they share how, after doubling their budget for paid advertising, they increased sales from $600,000 to $1.2 million within a year, leading to a fulfillment bottleneck. Faced with team members struggling to keep up with orders, they implemented Scrum, an agile operating system, to streamline their processes. This led to a significant reduction in work hours while maintaining an increased order volume, demonstrating the effectiveness of Scrum in improving efficiency and team collaboration.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:The impact of paid advertising and the significant fulfillment challenge it createdShifting and improving their fulfillment process to keep up with increased salesIntroducing the Scrum system to their C-Suite and fulfillment centerHow Scrum has affected their efficiency and ensures continuous improvementConnect with Ramstead Ranch:Follow on Instagram @ramsteadranchFollow on FacebookSubscribe on YouTubeCheck out the websiteConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Learn more about ScrumBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:His Cavvy Foundation was established as a way to help families and individuals in the ranching community with serious medical issues. Click below to learn more, apply for assistance, or nominate a family in need.His Cavvy Foundation

In this episode, host John Haskell and guest Travis Krause discuss the relationship between gross product and grazing management. Travis is a new member of the Ranch Right team helping out on the consulting side, and he's here to talk about how whole ranch profitability ultimately ties back to some of those first decisions you make about running your cows.John and Travis define gross product as the total economic value of livestock produced and explain how it impacts gross profit and net income. Travis emphasizes the importance of grazing management in balancing carrying capacity and stocking rate to optimize forage utilization and profitability. They also stress the importance of incremental steps in grazing management to avoid operational challenges and optimize where you can before considering buying new properties.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:The importance of carrying capacity and stocking rate in grazing managementAn example of forage utilization rate and its impact on stocking rate and gross productThe constraints and direct costs associated with increasing the stocking rateA reminder to optimize current land before expanding and the benefits of incremental steps in increasing stocking rateConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Book a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Join us online, ask questions, and get practical tools you can put to work tomorrow. Follow us on Facebook, Instagram, and LinkedIn to receive updates on our next session. Click the link below to catch up on all of our past webinars on YouTube.Webinars

In today’s episode, host John Haskell welcomes Micayla Giffin, a new member of the Ranch Right team, to the Ranchonomics podcast to discuss the importance of financial literacy in agriculture. Her unique skill set combining finance and farming knowledge and her experience in communicating financial concepts to farmers make her the perfect addition to our team and this conversation. Micayla shares her experience with data visualization, using metrics like term debt coverage and working capital to make informed decisions instead of emotional ones. They also discuss the challenges of buying land and the importance of understanding debt and compound growth for long-term success. Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:Making financial decisions based on facts and numbers, not just emotionsVisualizing your data and the foundation of financial literacyUnderstanding the risk of taking on debtShort-term versus long-term financial planningConnect with Micayla:Send an email at [email protected] on Instagram @micaylagiffinFollow on Facebook @micayla.giffin and @GiffinFarmsSubscribe to YouTube @GiffinFarmsConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Related Episodes:Episode 46. Cow Marketing Strategies with Logan PribbenoEpisode 47. Impacts of Drought on the Cattle Cycle and the Time We Got It Wrong with Logan PribbenoResources & Links:Visualizing Data | Introducing Ranch Right Client Dashboard WebinarBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Click below to learn more about the team behind the mission at Ranch Right.Team

In today’s episode, host John Haskell welcomes back Charlotte Smith for conversation about the powerful connections between mindset and marketing for farm businesses. They discuss how thoughts like “I should be further along” can sabotage personal and business success, as well as practical tools for shifting to more supportive mindsets that drive action and growth. They also dive into the importance of giving ourselves grace, learning through mistakes, and letting go of socialized beliefs about the “right” way to do things. Additionally, Charlotte shares how intentional mindset work not only impacts marketing and finances, but also transforms relationships, personal well-being, and the entire farm ecosystem.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:Mindset’s impact on business and personal growthOvercoming negative thinking and self-judgmentThe importance of giving yourself grace The link between positive mindset and practical resultsConnect with Charlotte:Check out her websiteFollow her on InstagramLike her page on FacebookListen to The Profitable Mindset PodcastConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Episode 48. Mindset with Charlotte Smith, Part 1Charlotte’s FREE training: Price for ProfitCharlotte’s FREE training: How to Build a Loyal Customer BaseBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Join us online, ask questions, and get practical tools you can put to work tomorrow. Follow us on Facebook, Instagram, and LinkedIn to receive updates on our next session. Click the link below to catch up on all of our past webinars on YouTube.Webinars

In this episode, host John Haskell reconnects with marketing and mindset coach Charlotte Smith to explore how our thoughts and beliefs shape business outcomes, especially in marketing. They discuss how our default thoughts and beliefs shape business outcomes and the importance of being intentional with our mindset and how it can impact our actions. John and Charlotte also discuss how the words we use both internally and externally can either support or sabotage our business efforts as well as practical advice to reframe negative self-talk, overcoming the fear of failure, and how embracing a growth mindset can transform not just our businesses, but our lives as a whole.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:What mindset is and its impact on businessThe connection between mindset and marketing effectivenessStrategies to intentionally shift and manage mindsetThe role of language in shaping mindsetConnect with Charlotte:Check out her websiteFollow her on InstagramLike her page on FacebookListen to The Profitable Mindset PodcastConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Related Episodes:Episode 32. Marketing & Mindset for Farmers with Charlotte SmithResources & Links:Charlotte’s FREE training: Price for ProfitCharlotte’s FREE training: How to Build a Loyal Customer BaseBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Know your numbers and win. Ranch Right is here to help with all of your financial needs. Click below to book a discovery call today.Book a free discovery call