Ranchonomics

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...

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...

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, a...

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 wh...

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...

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,...

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 fa...

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 impor...

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 tea...

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 t...

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...

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 importan...

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...

Host John Haskell welcomes back Logan Pribbeno to the Ranchonomics podcast to dive into the complexities of market timing strategies for cow herd management and the significant impact drought has on stocking decisions. They also discuss the challenges and lessons learned from missed market cycles, as well as practical approaches to surviving multi-year droughts, including the use of irrigated corn...

In today’s episode, host John Haskell sits down with Logan Pribbeno to dive into cow marketing strategies and how the cattle cycle can drive key business decisions for ranch operations. They discuss their approach to buying and selling heifers based on market signals and the importance of timing in maximizing profits within the cattle industry. Additionally, they explore cash flow management, land...

In today’s episode, host John Haskell welcomes back Kim Barker and Wally Olson to discuss the challenges and strategies of bringing the next generation back to the family ranch, as well as the process of succession planning in agricultural operations. They dive into the importance of aligning personal values when teaching and transitioning responsibilities, and differing priorities across generati...

In today’s episode, host John Haskell welcomes back Josh Kerpan to discuss how practicing mindfulness through meditation and journaling can help you gain control over your mind and emotions. Josh explains the evolving role that goals and purpose play in directing his life and why he is careful about which goals he sets for himself. Josh also shares insights on developing keystone habits, the scien...

Host John Haskell is joined by Josh Kerpan to explore his personal transformation as well as the role of business coaching in creating sustainability for business owners. Josh shares insights into building Kaizen Solutions, his approach to coaching and consulting for farm and ranch owners, and how aligning purpose, people, and processes drives business success. They also discuss the challenges of...

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 vulne...

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 advantage...

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 busi...

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...

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...

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 ha...

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 impor...