In this episode, host John Haskell is joined by Emilie Hopson for a conversation about human resource management and how it applies to the ranching industry. They discuss the significance of building a positive culture and developing trust and accountability within your ranch team. Emily also shares helpful insights on hiring based on character versus skills, discretionary effort, leadership vulnerability, and the importance of clarity and transparency in managing and improving ranch operations.

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

In this episode, we cover:

• The importance of human resource management in ranching
• Hiring the right people for your operation
• Building ownership and effective leadership in teams

Connect with Emilie:

• Learn more about Emilie on the Ranch Right team

Connect with Ranch Right:

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

Resources & Links:

• Job Description Template
• Simon Sinek’s Performance vs. Trust Concept
• Brené Brown’s Dare to Lead
• The Approachability Playbook
• Book 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

Host John Haskell welcomes Wally Olson and Kim Barker to the Ranchonomics podcast to talk about the current market dynamics and the opportunities it presents. They discuss how to take advantage of the current high market conditions, as well as the effects of depreciation and deflation in the cattle market, and how to profit from favorable market situations. Additionally, they explore the advantages of having a younger cow herd and the value of trading high-priced cattle to reduce the risk of potential losses.

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

In this episode, we cover:

• Market fluctuations and fear of crashes
• Strategies to capitalize on high cattle prices
• Managing risks in cattle investments
• Importance of cow depreciation and appreciation

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:

• Mob Breeding
• Book a Free Discovery Call to Learn More 
• Ranching for Profit 
• Ranching.FYI 
• Wally Olson, Olson Ranch LLC

Mentioned in this episode:

Knowledge shared is knowledge gained. Join our friends at Ranching.FYI on their new ranching forums. Click below.

RFYI Forums

In today's episode of the Ranchonomics podcast, host John Haskell discusses the topic of utilizing our limited time in the most beneficial ways and the power of compound growth in both personal and professional life. He highlights the significance of accurately gauging the time we have left and understanding the importance of thoughtfully investing time and efforts into building a sustainable business. Additionally, John discusses the role of rest in increasing productivity, the importance of focusing efforts on the right areas of business, and aligning daily action with long-term goals.

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

In this episode, we cover:

• Why we should realize how much time we likely have left
• Value and impact of long-term compound growth
• Balancing personal life and productivity with rest
• Ensuring financial security for family and legacy

Connect with Ranch Right:

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

Resources & Links:

• Scrum: The Art of Doing Twice the Work in Half the Time
• 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

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.

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

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:

Knowledge shared is knowledge gained. Join our friends at Ranching.FYI on their new ranching forums. Click below.

RFYI Forums

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:

Knowledge shared is knowledge gained. Join our friends at Ranching.FYI on their new ranching forums. Click below.

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:

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 of the Ranchonomics podcast, host John Haskell welcomes back Eric Moes to discuss the concepts of strategy and strategic planning in business and ranching. Eric is sharing insights from Roger Martin's book "Playing to Win," and explaining the necessity of precise strategic choices in business. We are also discussing the iterative process of strategy, strategy as a theory, the importance of adjusting strategies when they do not work out as planned, and why growing and advancing are key to staying competitive.

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

In this episode, we cover:

• Definition of strategy in business
• What the strategic cascade is and its five iterative questions
• The importance of making strategic choices 
• Winning aspiration and its role in business goals

Connect with Eric:

• Check out his Meet Right course

Connect with Ranch Right:

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

Resources & Links:

• Playing to Win: How Strategy Really Works
• Book a Free Discovery Call to Learn More 
• Ranching for Profit 
• Ranching.FYI 
• Wally Olson, Olson Ranch LLC

Mentioned in this episode:

Helping ranchers to make better decisions faster. Check out our friends at Ranching.FYI by clicking the link below.

Ranching.FYI

In today’s episode, host John Haskell welcomes Eric Moes to discuss organizational capital and its role in transforming business operations. We cover the importance of creating organizational systems that hold business functions together and how these systems can prevent miscommunications and create consistency within the business. Eric also explains the different buckets of organizational capital and the importance of management systems to increase business effectiveness.

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

In this episode, we cover:

• What organizational capital is
• How organizational capital helps businesses
• Examples of organizational capital systems
• Importance of organizational structure in business success

Connect with Eric:

• Check out his Meet Right course

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:

Knowledge shared is knowledge gained. Join our friends at Ranching.FYI on their new ranching forums. Click below.

RFYI Forums

Host John Haskell welcomes Wally Olson and Jared Luhman to the show to discuss the intrinsic value of cows. They discuss market relationships and the idea of maintaining inventory value through strategic buying and selling decisions, as well as understanding depreciation, appreciating inventory value, and the importance of making informed decisions in your cattle business.

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

In this episode, we cover:

• Determining the intrinsic value of a cow
• A cow's future valuation and depreciation
• Importance of market relationships and inventory value appreciation

Connect with Wally:

• Check out his website
• Wally’s Upcoming Schools

Connect with Jared:

• Check out his podcast
• Follow him on Instagram @RanchingReturnsPodcast

Connect with Ranch Right:

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

Resources & Links:

• Slides that Wally references
• Book a Free Discovery Call to Learn More 
• Ranching for Profit 
• Ranching.FYI 
• Wally Olson, Olson Ranch LLC

Mentioned in this episode:

Knowledge shared is knowledge gained. Join our friends at Ranching.FYI on their new ranching forums. Click below.

RFYI Forums

In today's episode, host John Haskell welcomes back Wally Olson to discuss the importance of regularly valuing inventory and the power of retained earnings. We discuss how understanding market swings and inventory management can significantly impact profitability, as well as strategies for reinvesting earnings to create compound growth. Wally also explains the role of inflation and deflation in the cattle business and the importance of being prepared for market changes.​

Wally Olson is a firm believer in helping place an old head on young shoulders. Wally teaches cattle marketing schools and loves to help young people get started in ranching. For more information about Wally and to hear his story of ranching and learning visit his website www.olsonranchllc.com

In this episode, we cover: 

• The importance of valuing your inventory frequently
• Selling overvalued and keeping undervalued inventory
• Retained earnings and reinvesting for compound growth
• Being prepared for market inflation and deflation

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

Connect with Wally:

• Check out his website
• Wally’s Upcoming Schools

Connect with Ranch Right, LLC: 

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

Resources & Links: 

• His Cavvy Foundation
• Book a Free Discovery Call to Learn More
• Ranching for Profit
• Ranching.FYI
• Wally Olson, Olson Ranch LLC

Mentioned in this episode:

Knowledge shared is knowledge gained. Join our friends at Ranching.FYI on their new ranching forums. Click below.

RFYI Forums