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Non-Cattle Specific Topics
Coffee Shop
Don’t tell people what you know, KEEP THEM POOR!
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<blockquote data-quote="Lucky" data-source="post: 1563762" data-attributes="member: 32659"><p>I really think everyone just needs to do what works for them. I don't live beyond my means but do stick my neck out there from time to time to try and better myself. I've bought land, cattle, new equipment, new pickups, $70 a role hay (by choice), bought a failing business and turned it around, blah blah blah. You just have to make it work for you. We don't spend much money on things that don't have some sort of payback or will wind up in a closet never to be thought of again. I'm no genius and don't have a safety net but really enjoy progress. I hear allot on here that assets have no value and are actually a liability until sold, nothing could be farther from the truth. Everything you own can be made to work in your favor once you figure out the game. The fastest way I see people start failing is when they get to the look at me stage. I could give a care what anyone thinks of me or what I drive and don't have my name or brand on my gates, and no big fancy house. New equipment or borrowed money won't make you fail, Laziness and a poor attitude will though. I'm not saying buying everything new every few years is the way to go but niether is throwing money at old equipment that needs to be replaced. I've watched guys let hay field after hay field burn up because the old baler is broke down again. They're scared to buy a new one and can't figure out why they don't have any money to do so. I honestly feel that somewhere in the middle of this thread is the place to be. Good luck to everyone and remember it's always a good thing to see your neighbor do really well and succeed, because if he can do it so can you.</p></blockquote><p></p>
[QUOTE="Lucky, post: 1563762, member: 32659"] I really think everyone just needs to do what works for them. I don’t live beyond my means but do stick my neck out there from time to time to try and better myself. I’ve bought land, cattle, new equipment, new pickups, $70 a role hay (by choice), bought a failing business and turned it around, blah blah blah. You just have to make it work for you. We don’t spend much money on things that don’t have some sort of payback or will wind up in a closet never to be thought of again. I’m no genius and don’t have a safety net but really enjoy progress. I hear allot on here that assets have no value and are actually a liability until sold, nothing could be farther from the truth. Everything you own can be made to work in your favor once you figure out the game. The fastest way I see people start failing is when they get to the look at me stage. I could give a care what anyone thinks of me or what I drive and don’t have my name or brand on my gates, and no big fancy house. New equipment or borrowed money won’t make you fail, Laziness and a poor attitude will though. I’m not saying buying everything new every few years is the way to go but niether is throwing money at old equipment that needs to be replaced. I’ve watched guys let hay field after hay field burn up because the old baler is broke down again. They’re scared to buy a new one and can’t figure out why they don’t have any money to do so. I honestly feel that somewhere in the middle of this thread is the place to be. Good luck to everyone and remember it’s always a good thing to see your neighbor do really well and succeed, because if he can do it so can you. [/QUOTE]
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Don’t tell people what you know, KEEP THEM POOR!
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