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.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:A walkthrough of Dallas's exercise to reevaluate assets and deploy capitalBreaking out of the legacy trap and starting from scratch on paperEconomic considerations of equipment ownershipPotential pitfalls of this exercise and applying it in different situationsConnect with Dallas:Follow on Instagram @ranching4profitFollow on FacebookSubscribe on YouTubeConnect on LinkedInCheck out his websiteSend him an email at [email protected] with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Book a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Know your numbers and win. Ranch Right is here to help with all of your financial needs. Click below to book a discovery call today. Book a free discovery call

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