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.
Call John at 209-988-8960 or Send him an email:
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
Are you “Fine Tuned” or “Wandering?”
Why does this matter? Simply stated, if you want banks to loan you money in the future for operating needs or expansion, you will definitely need to illustrate that you have your costs under control. Would you loan money to someone who had no idea what his future cash flows and profitability will be?
Where Did All the Cash Flow Go?
Has your dairy operation returned to a state of positive cash flow yet? As I watch my Clients’ cash flows in 2013, I am observing that most of them have started to achieve positive cash flows in their business at this point.
When Should I be Worried about my Business?
I often hear Clients say that they are worried. It sometimes makes sense to express concern about items in your business and personal life. However, does it pay to literally worry? I don’t believe so. Mark Twain described worry as the interest paid on a debt you never owed…
A Unique Approach to Boost Your Interest Earnings
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 by saving some money on interest expenses? There is still a way to do this.
Getting Yourself on the Right Team!
The managers on the A Team have a definite plan that they follow very closely. Of course, they adjust their path occasionally, but for the most part they stick to their plan. Why? They do so simply because they spent a lot of valuable time with their key advisers developing this plan that will take them closer to their desired objectives. Does the B Team have a plan? Certainly. They have even considered getting it out of the file drawer to review it once in a while…
Who Has Time to Develop a Plan?
There is never a bad time to plan tasks we wish to accomplish, but this is particularly true as we approach a new year. It has been said that the best time to plant an Oak tree is 20 years ago. However, the second best time is today!