Have you ever noticed that when you see, taste or smell something awful, that you want others to share in the experience? Get a whiff of a skunk or a rotting carcass and you are likely to say, “PU! Smell that!” A friend of mine found the written equivalent of a skunk.

Earlier this month a lot of ranchers in TX, OK and KS experienced a nightmare. Driven by winds of 50 mph and more, they lost grass, infrastructure and livestock to intense, fast-moving wild fires. I’ve heard from several Ranching For Profit Alumni whose entire ranches burned. They spent the day after these devastating fires evaluating losses, euthanizing suffering animals, and taking steps to ensure that the animals that survived were taken care of. I’m not aware of any alumni who lost their home or who were injured. It’s hard to call that “luck,” but what else can you call it when others lost their homes and even their lives?

My Mom and Dad separated when I was four or five. They divorced several years later. It was a long time ago but, as I remember, my sister and I saw Dad every other weekend when we were in elementary school, and with less frequency when we were in high school. I’m glad he was part of our lives … but I’m also glad he wasn’t a bigger part of our lives.

In the Executive Link Professional Development Program we’ve been exploring the concepts in Good To Great in which Jim Collins describes common characteristics of 11 uncommon companies. What made these companies uncommon was that they had produced only average results, as measured by stock market returns for 15 years, then produced great results (at least three times higher than the stock market average) for the next 15 years.

Charismatic leaders need to decide if the legacy they want to leave is one of an individual who did great things or of a great company that lasted long after they were gone. The research shows that you can’t do both.

In Robert Kreigel’s book, If It Ain’t Broke…Break It! he argues convincingly that the time to make change is when things are going great. When times are good we have time, money, energy and options. Unfortunately, we usually wait until we are in crisis and are out of time, money, energy and options before we even think about change.

In Alice in Wonder land, Alice asks the Cheshire Cat, “Would you tell me, please, which way I ought to go from here?” The Cat responds, “That depends a good […]

Finding the time to effectively work on the business (WOTB) is probably the single biggest worry people have leaving the Ranching For Profit School.

We have our end of the year tax appointment next Monday. That reminded me of a ranch I visited a few years ago. The owner’s son showed me around. As we pulled out of the yard we passed a big aerator they’d bought to crush sagebrush.

Dan Airely, a behavioral economist at Duke University conducted a silly experiment with serious implications. The experiment involved money, Coca Cola and college students.