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Thinking About the Future While Ignoring the Past with Dallas Mount [episode 54]

  • ranchrightllc
  • Jul 15
  • 3 min read

header graphic for Thinking About the Future While Ignoring the Past with Dallas Mount [episode 54]

Listen to Thinking About the Future While Ignoring the Past with Dallas Mount on: Apple Podcasts | Spotify | Your platform of choice  



John Haskell welcomes Dallas Mount back to the podcast to discuss how to think about the future while ignoring the past. Sometimes we find ourselves in a situation we don't want to be in, and we want to reset and start over. Dallas walks us through an exercise he covered in a recent presentation to help us reconsider all of our assets on paper.

 

He shares how to reevaluate and optimize assets on family ranches, emphasizing the importance of listing and valuing significant assets, such as livestock and machinery, and then considering their market value. The exercise involves imagining the business with this capital as cash and deciding how to reinvest it for better business outcomes. They also highlight the importance of striking a balance between profitability and employee satisfaction, as well as the potential pitfalls of holding onto unnecessary assets. 



In this episode, Thinking About the Future While Ignoring the Past with Dallas Mount, we cover: 

  • A walkthrough of Dallas's exercise to reevaluate assets and deploy capital

  • Breaking out of the legacy trap and starting from scratch on paper

  • Economic considerations of equipment ownership

  • Potential pitfalls of this exercise and applying it in different situations


Meet Dallas Mount:

Dallas Mount is the owner of Ranch Management Consultants (RMC), home of the Ranching for Profit School and the Executive Link program. Dallas has led RMC since 2019 and worked with thousands of ranchers across North America, Australia, and the UK to position their business for economic profit and ecological health. After working with the University of Wyoming Extension for 18 years, Dallas started teaching the Ranching For Profit School in 2012 and quickly established himself as an elite instructor. Dallas and his wife, Dixie, have two adult children and own and manage a grazing operation near Wheatland, WY. RMC is focused on creating profitable businesses, with healthy land and happy families.

  

Resources & Links: 

 

Connect with Dallas:


Connect with Ranch Right, LLC: 


Related Episodes:  

 

More about the Ranchonomics podcast:  

Welcome to Ranchonomics, where we empower you to build a better ranch and transform your operation into a thriving business. This podcast is brought to you by Ranch Right LLC, and together we will look at essential strategies, mindsets, and processes needed to take command of your financials and master the business metrics that make all the difference. If you are ready to start winning at ranching, then you are in the right spot. 


With each episode of Ranchonomics, you will hear inspiring success stories, gain simple yet powerful financial literacy tips, and listen to insightful interviews with industry experts and real-life practitioners. 


Whether you are a seasoned rancher or just starting out, we believe that managing a ranch shouldn't mean drowning in paperwork or missing out on valuable opportunities. Our mission is to help you see the link between your daily ranching operations and your financials that allow you to go from chaos to clarity and achieve your goals. 


Join us as we explore the intersection of ranching and finance, helping you understand your numbers and make informed decisions that propel your business forward. 

Subscribe now and start your path to a more profitable, less stressful ranching experience with Ranchonomics. It's time to harness the full potential of your operation. 

 

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

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