A collection of blogs and other writings
from John Ellsworth
Even More Ways to Achieve Financial Success
Ask John Ellsworth of Success Strategies
John’s dairy industry service spans 25-years in strategic planning, debt restructuring, and cash flow management. John knows farm finances and what your bank expects.
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A Solid Lesson on Leadership
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.
I Didn’t Invent the Process…
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?
What To Do When “The Sky is Falling?”
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?
What Have You Done for Me Lately?
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?
A Confession to Make
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.
Avoiding the Gap!
I recently was talking with a Client about the achievements he had been enjoying the past two years, despite the downturn in the dairy industry. Suddenly he added, “John, we’ve been getting sound results, especially in comparison to the rest of the industry, but, man, it just seems so slow in comparison to what we used to do 10 years ago…”