Boneheaded Beef Business Blunders Part 1 – Be a Business, Not a Charity

January 2018 makes it four and a half years that Rhinestone Cattle Company has been in the grassfed beef business. I started out with a 7-acre leased pasture and intentions to stocker three calves for

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5 thoughts on “Boneheaded Beef Business Blunders Part 1 – Be a Business, Not a Charity

  1. Excellent, helpful article, Meg. Ditto the above comments. One lesson that you did not mention is that with out starting to swim in the pond, you don’t learn lessons or find partners. Good luck, and I look forward to your future posts.
    Dave

  2. Haha, yeah, my personal input/output spreadsheet changed drastically from concept stage to being 18 months into it!

  3. Thanks for baring your soul here, Meg.The idea of being economically objective about every decision we make is really difficult, especially for younger graziers. Personally, my wife was extremely helpful with this process. I clearly recall the day she explained that our little grazing business would likely do much better if I would simply…”Stop doing stupid stuff, but keep doing the smart stuff”.

    I look forward to your next piece. People are definitely the most difficult part of this business.

  4. We all appreciate what you went through. “Experience is something you don’t get until just after you need it.” Thanks for sharing and keep on working on your dreams. GW

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