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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Why Aren’t You Dancing in the Rain?November 12, 2024 - 12:28 pm
What Is Your Next Step?October 30, 2024 - 9:59 pm
Are You Facing Adversity?October 16, 2024 - 7:43 pm
How Can I Decide?September 21, 2024 - 1:37 pm
What Do I Do Now?September 10, 2024 - 5:39 pm
Will You Be Ready? – Part 2
As I promised in my last blog, I said I’d offer some key examples of producers who had positively turned the corner, following 2009’s disastrous results. In all of these examples, they were ready for an upturn in milk prices, in terms of what those higher prices could add to their business. However, they were also producers whose herds had Pregnancy Rates above 20%, Heat Detection Rates over 60%, and Milk Flows well above their breakeven levels at normal milk prices.
Will You Be Ready? – Part 1
Back in 2010, I recall writing an article that asked the very same question I listed in the title of this blog: Will You Be Ready? Ready for what, you might be asking, and my answer would be ready for the higher levels of profitability that await us in the next several years.
It’s Year End – What’s Next?
2018 is now over. You either made money, or you didn’t… So what’s next for you and your business?
Dairy Revenue Protection – Is it for me?
As you probably already know, the new Dairy Revenue Protection Program was introduced in early November. Is this the answer we’ve all been looking for? I don’t see it as the whole answer to our industry challenges. However, it does represent another tool to use in setting minimum milk prices. Like any other existing tool, it can only benefit you if you learn how to use it and then, most importantly, take appropriate action to move forward.
Focus on Who, Not How
Leadership Lessons
I recently read about an interview on leadership lessons that Head Basketball Coach Mike Krzyzewski completed with the Dean of Duke University’s business school, Bill Boulding. I believe it offers some great lessons for each of us, so I am passing its highlights along to you in this blog. After winning five national championships in his 40 years at Duke, Coach K probably can provide us with some excellent guidelines.