A collection of blogs and other writings
from John Ellsworth
Even More Ways to Achieve Financial Success
Ask John Ellsworth of Success Strategies
John has served the dairy industry throughout the US for over 25 years. He works in the areas of strategic palnning, debt restructring and cash flow management and assists dairymen and related businesses to improve their financial and move forward in the success of their businesses.
If you need assistance regarding dairy farm loans and dairy industry, contact John today.
Call John at 209-988-8960 or Send him an email:
Fighting an Uphill Battle!
I was recently reading a review of the comments offered by U.S. Agriculture Secretary Sonny Perdue while he was visiting World Dairy Expo in Madison, Wisconsin. I wasn’t there, so I am not defending his commentary, nor am I saying he is totally right or wrong. However, I believe that his speaking points hit on some relevant thoughts.
Rome Wasn’t Built in One Day!
This is an old expression that I’m sure you’ve heard people express many times. You know what? It’s true. Recently, however, I’ve been surprised to hear some bankers and vendors to the dairy industry exclaim their surprise by stating that they cannot understand why producers aren’t catching up more quickly on old Accounts Payable.
“The Art of Racing in the Rain!”
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.
Knowing What To Do!
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.”
Re-inventing Your Future!
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?
KPI’s and Your Profitability
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.