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
The realization is now – Written by Marketing Expert Seth Godin
I wanted to share a copy of Seth’s article with you, simply because I believe it has a fantastic message, one that could serve as a sound directive to get our country back on track in so many ways.
Developing a Future Course for Your Business
Am I advocating that you should simply do this planning to obtain more money? No. Maybe your goal is to give more money to charity. Whatever it is, write it down. I am confident that you will be much more pleased with the results you obtain if they are in line with what you desire: Think it through and write it down.
“What would Albert Einstein do?”
I think you’ll agree that Albert Einstein was a very intelligent person. However, as the scientist who developed the Theory of Relativity, most of us would not have looked to him for advice in the area of strategic management or life philosophy. While that may, for the most part, be a reasonable assumption, I’d like to review one of his quotes because I believe it contains some very powerful advice for us today.
‘There Is No Try…Only Do or Do Not’
I have heard the phrase “we can’t” too many times. For example: 1) “We can’t keep our milk prices high enough for long enough to even get close to our break-even point.” 2) “We can’t get our feed costs down to a reasonable level.” 3) “We can’t hire the right kind of people at our dairy.” 4) “We can’t get the appropriate financing to really accomplish what we want to do.”
Stepping over Dollars to pick up Dimes!
The answer is to monitor all of your costs. At the same time work to minimize all feed shrink, especially with high priced commodities and expensive silages. Finally, do make a point of measuring all of your costs.
What? High Interest Returns on your Money?
Ever wonder how to boost your interest earnings, especially with rates that banks pay you being so low? Granted, you may earn about 0.10% on any balances left in your account. Why not earn it another way?