Prioritize for Profit

When it’s ridiculously cold outside, sometimes it’s best to just sit and think (once all the work and chores are done).  Here is a thought from a man whom I’ve yet to meet, who has words of wisdom worth pondering taken from his column “Strategic Planning for the Ranch” in Beef magazine

Prioritize for profit rather than convenience.

Sometimes convenience and profit are closely related, other times, they aren’t related at all or may even be antagonistic.  Don’t let your desire for convenience get in the way of improving profit — unless, of course, you’re already profitable enough and convenience can add enough quality of life to offset foregone profit.”

Burke Teichert, a consultant on strategic planning for ranches, retired in 2010 as vice president and general manager of AgReserves Inc.  He resides in Orem, Utah.  Contact him at burketei@comcast.com

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