
← Ranchonomics11 aug · 25 min
110. Know Your Worth: The Business Value of a Rancher's Time | Amos Troester
Your time is one of the most valuable assets in your business, but are you actually treating it that way? In this episode, John Haskell and Amos Troester explore how ranchers can increase their profitability by understanding the opportunity cost of their time, focusing on high-value work, and putting the right people in the right roles. From buying and selling cattle to planning ahead and learning from others' experience, Amos shares how knowing your worth and better time management can create significant value without simply working more hours.
The conversation digs into the real economics of delegation, employee strengths, and focus. Amos and John discuss how to calculate what your time is worth, why paying someone else to handle a lower-value task can actually make you money, and how clear roles, trust, and planning allow everyone on the team to work where they create the most value. They also explore how continually improving your skills can increase the value of your time as your business evolves.
Make sure to hit subscribe/follow so you never miss an episode!
In this episode, we cover:
Why time is one of the most valuable assets in your ranching businessHow learning from other people's experience can help you avoid costly mistakesWhy planning ahead can help you save time and avoid unnecessary workHow to calculate the opportunity cost of your time and identify your highest-value workWhy putting the right people in the right roles can dramatically increase efficiencyHow trust and clear responsibilities help ranch teams stay focused and productiveWhy continually increasing your skills and value is essential to long-term business growth
Connect with Amos:
Follow on FacebookCheck out his websiteSend an email at TBarACattle@gmail.com
Connect with Ranch Right:
Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Check out all of our past webinars here
Resources & Links:
Buy Back Your Time by Dan MartellSlackBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC
Mentioned in this episode: