I recently saw an excellent movie by the title listed above, and I must tell you – It was a wonderful and very touching story. I’d highly recommend you see it! However, I’m not going to tell you any more about the story, simply because I don’t want to spoil it for you, but do yourself a favor & go see it.
I was recently talking to a new Client about the areas of their business, particularly some of their Costs/cwt, that needed to be improved as we move forward. In response, he and his bookkeeper stated, “John, as a result of your help with these measurements, we know what we need to do. We’re just not sure ‘How’ to do it.”
Does the name Coco Chanel ring a bell for you? Your Mom probably used her products when you were growing up. I know my Mom did. Coco Chanel was a French entrepreneur who founded the famous fashion & perfume brand Chanel. I know – you’re probably asking – where am I going with this?
During a recent interview I completed on Dairy Business.com with Joel Hastings, I mentioned that several Key Performance Indicators (KPI’s) on dairy operations, such as Pregnancy Rate (P/R) and Days in Milk (DIM), can provide a clear reflection of your profitability.
Recently, it seems like I hear a lot of comments about how people aren’t doing better, either because of the President, some Congressman, some policy or some other factor out of our control.
Recently, I heard a classmate from my MBA program at Duke University deliver an excellent message on Leadership and what it takes to truly be a leader.
Ray Kroc, the entrepreneur behind the McDonald’s Corporation, stated, “I didn’t invent the hamburger. I just took it more seriously than anyone else.” Likewise, I didn’t invent Cash Flow Analysis. I have simply taken it more seriously than most people for over 20 years. Why?
I recently met with a Client of mine and his Lender. In spite of all the positive changes being made at this operation in terms of his reproductive program, efficiency measures, and higher than ever milk production, we were quickly informed that “The Sky is Falling!” I thought to myself – Why, after the last four years & all the difficulties we have faced and overcome during that same time, would anyone suddenly conclude that the sky is falling?
You may find the title listed above to be sort of strange… Or interesting? Or antagonistic? However, I really intended for it to be “stimulating” for you and your thought process. In essence, if your Annual Goals could speak, would this be a question that they would be asking you?
I was thinking recently about the many Clients we have assisted with the development of what I call a “Financial Plan” to take their business to higher levels of profitability and success. I have literally been doing this for 21 years at this point, and this may come as a shock to you, but in most cases these Clients didn’t want a “Financial Plan.” Let’s consider some of the reasons for this.
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What is Your Mission This Year?January 28, 2025 - 5:55 pm