In today’s episode of the Ranchonomics podcast, host John Haskell welcomes back Wally Olson to discuss the concept of relative value and the current market in the cattle industry. We dive into the importance of understanding which cattle to buy and which to sell in order to create opportunities for profitability as well as why we should be looking at price comparison instead of absolute price when making decisions. Wally also explains the significance of making informed decisions by continuously doing the math, how market volatility creates opportunities, and why you shouldn't rely solely on market predictions.

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In this episode, we cover:

• Relative value and high market prices
• Cattle investment strategies
• The importance of understanding market relationships over absolute prices
• Managing risk and turnover in cattle business

Connect with Wally:

• Check out his website

Connect 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:

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In today's episode of the Ranchonomics podcast, host John Haskell discusses the concept of the Kiyosaki ratio and its impact on the financial outcomes for businesses, specifically farms and ranches. John covers the relationship between asset allocation and profitability and how reinvestment strategies can lead to long-term financial growth. He also discusses concepts such as gross margin and cash flow-producing assets, and stresses the importance of smart asset management and the compound growth potential in small businesses.

Make sure to hit subscribe/follow so you never miss an episode!

In this episode, I cover:

• What the Kiyosaki Ratio is
• Gross margin and its business implications
• Examples of cash flow-producing and non-producing assets
• How asset allocation impacts business growth and profitability

Connect with Ranch Right:

• Subscribe on YouTube
• Follow on Instagram @ranchrightllc
• Follow on Facebook
• Check out the website

Resources & Links:

• Rich Dad Poor Dad by Robert T. Kiyosaki
• Book a Free Discovery Call to Learn More
• Ranching for Profit
• Ranching.FYI
• Wally Olson, Olson Ranch LLC

Mentioned in this episode:

Connect, compete, and grow with our new networking platform. Click below to check out Forums.

RFYI Forums

In today’s episode, host John Haskell welcomes Abbey Bruski to discuss emergency planning and transitions in family ranching operations. They discuss the importance of having step-by-step procedures to ensure business continuity in the event of unforeseen circumstances as well as why creating a comprehensive emergency transition plan is crucial. Abbey also shares insights on the significance of having all necessary operational information compiled and accessible in case it is needed, maintaining updated records in order to be prepared in an emergency situation, and what you can prepare to reduce the stress of decision making for a grieving family.

Make sure to hit subscribe/follow so you never miss an episode!

In this episode, we cover:

• The importance of emergency and succession planning
• Creating a detailed emergency transition plan
• Developing and maintaining a ranch map for easy reference
• Planning for unforeseen events to ensure family legacy and the continuation of the ranch

Connect with Ranch Right:

• Subscribe on YouTube
• Follow on Instagram @ranchrightllc
• Follow on Facebook
• Check out the website

Resources & Links:

• Ranching for Profit's Succession Planning Workshop
• Book a Free Discovery Call to Learn More
• Ranching for Profit
• Ranching.FYI
• Wally Olson, Olson Ranch LLC

Mentioned in this episode:

Learn more about Ranch Right, LLC

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