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.

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In this episode, we cover:

• A walkthrough of Dallas's exercise to reevaluate assets and deploy capital
• Breaking out of the legacy trap and starting from scratch on paper
• Economic considerations of equipment ownership
• Potential pitfalls of this exercise and applying it in different situations

Connect with Dallas:

• Follow on Instagram @ranching4profit
• Follow on Facebook
• Subscribe on YouTube
• Connect on LinkedIn
• Check out his website
• Send him an email at dallas@ranchmanagement.com

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:

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 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 time
• The impact getting their fulfillment team back on a reasonable schedule had on Stan and Eileen as business owners
• SOPs and continuously looking at the system for areas of improvement
• The importance of letting go of control and returning to basics when you get off track

Connect with Ramstead Ranch:

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

Connect 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 1
• The Toyota Way
• Scrum: The Art of Doing Twice the Work in Half the Time
• NUMMI - This American Life
• Team of Teams: New Rules of Engagement for a Complex World
• Book a Free Discovery Call to Learn More
• Ranching for Profit

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 created
• Shifting and improving their fulfillment process to keep up with increased sales
• Introducing the Scrum system to their C-Suite and fulfillment center
• How Scrum has affected their efficiency and ensures continuous improvement

Connect with Ramstead Ranch:

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

Connect with Ranch Right:

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

Resources & Links:

• Learn more about Scrum
• 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