In today's episode, host John Haskell welcomes back Wally Olson to discuss the importance of regularly valuing inventory and the power of retained earnings. We discuss how understanding market swings and inventory management can significantly impact profitability, as well as strategies for reinvesting earnings to create compound growth. Wally also explains the role of inflation and deflation in the cattle business and the importance of being prepared for market changes.​

Wally Olson is a firm believer in helping place an old head on young shoulders. Wally teaches cattle marketing schools and loves to help young people get started in ranching. For more information about Wally and to hear his story of ranching and learning visit his website www.olsonranchllc.com

In this episode, we cover:

• The importance of valuing your inventory frequently
• Selling overvalued and keeping undervalued inventory
• Retained earnings and reinvesting for compound growth
• Being prepared for market inflation and deflation

Make sure to hit subscribe/follow so you never miss an episode!

Connect with Wally:

• Check out his website
• Wally’s Upcoming Schools

Connect with Ranch Right, LLC:

• Subscribe on YouTube
• Follow on Instagram @ranchrightllc
• Follow on Facebook
• Check out the website

Resources & Links:

• His Cavvy Foundation
• Book a Free Discovery Call to Learn More
• Ranching for Profit
• Ranching.FYI
• Wally Olson, Olson Ranch LLC

In today’s episode of the Ranchonomics podcast, John Haskell is joined by Charlotte Smith to discuss foundational marketing strategies and building profitable farming businesses. They dive into the difference between marketing and sales and the importance of building a solid foundation through email marketing rather than relying solely on social media marketing. Charlotte also shares helpful insights on calculating the lifetime value of a customer and the mindset shifts needed to embrace relationship-based marketing.

In this episode, we cover:

• Charlotte’s background and journey to where she is now
• Marketing strategies for farmers
• Building customer relationships and trust
• The difference between email marketing and social media marketing

Make sure to hit subscribe/follow so you never miss an episode!

Connect with Charlotte:

• Check out her website
• Follow her on Instagram
• Like her page on Facebook
• Listen to The Profitable Mindset Podcast

Connect with Ranch Right, LLC:

• Subscribe on YouTube
• Follow on Instagram @ranchrightllc
• Follow on Facebook
• Check out the website

Resources & Links:

• Charlotte’s FREE training: Price for Profit
• Charlotte’s FREE training: How to Build a Loyal Customer Base
• Book a Free Discovery Call to Learn More
• Ranching for Profit
• Ranching.FYI
• Wally Olson, Olson Ranch LLC

Mentioned in this episode:

Learn more about Ranch Right, LLC

Website

In this episode, host John Haskell welcomes back Chloe Diegel to wrap up their conversation on business resiliency and the power of mindset in the wake of unexpected events. They discuss the importance and impact of mindset, the significance of intentionality in personal and business growth, how mindset affects marketing and business strategies, and mindset tools to help with everyday challenges.

Chloe Diegel owns Robinette Farms with her husband, Alex McKiernan, in Southeast Nebraska. Their mission is to deliver great food that transforms people and the land. They farm and ranch as well as operate the Local Food Subscription, a membership for individuals and families to shop year-round from local farmers, ranchers, and food artisans. They want to connect people to the land through food and deliver premium, local products that their customers can trust.

Be sure to listen to Part 1 and Part 2 of this conversation with Chloe.

Make sure to hit subscribe/follow so you never miss an episode!

In this episode, we cover:

• Importance of intentional thinking and strategic planning
• How mindset plays a role in business
• Applying mindset strategies in business and in your personal life

Connect with Chloe:

• Check out her website
• Follow her on Instagram
• Like Robinette Farms on Facebook

Connect with Ranch Right, LLC:

• Subscribe onYouTube
• Follow on Instagram@ranchrightllc
• Follow onFacebook
• Check out the website

Resources & Links:

• Charlotte Smith’s podcast
• Dan Martell
• Book a Free Discovery Call to Learn More
• Ranching for Profit
• Ranching.FYI
• Wally Olson, Olson Ranch LLC

Mentioned in this episode:

Transform your business with Ranching.FYI

Ranching.FYI