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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What’s the Difference?
I’d like you to think about two words and compare what they can mean to you as you move forward in your business and life.
Building Your Business Confidence
I am sure you’ve heard the age old advice: “Be careful what you ask for. You just might get it.” With that in mind, let’s shift our focus to a much more proactive approach, because these negative questions can, indeed, take you to some very disappointing and depressing results.
The More it Changes, the More It Stays the Same…
While there are many profitability variables to contend with, and this research does not suggest that ignoring one of the lower correlated variables would ever be a good idea, the top three are all ones that I have had the opportunity to deal with in each and every financial turn-around situation.
In Defense of the “Mean” Vendor
I am not making light of the fact that the dairy industry has had a tough 2015-2017, or, for that matter, that all industries have their moments when cash flow is tight. However, the vendors that he was referring to had been extending him as much credit as they possibly could these past 27 months. However, they were running into two big issues.
Are You Putting Your Business at Risk?
This process is particularly fitting for the dairy industry. I realize that it is often more comfortable to do nothing when so many items look bleak. However, inaction is not the answer!
BANKING ON RELATIONSHIPS
One of the most common problems faced by many business people today revolves around their ability to obtain the financing they need.