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<blockquote data-quote="marksmu" data-source="post: 886682" data-attributes="member: 9219"><p>Personally I am willing to the risk, but I want to be sure its not a failure before I do so....I have been growing the herd for the last 4 years part time by just working on weekends and saving every penny that I make over/above the necessities...I want to have the numbers I need to show a profit before I stop working at the office....I figure I need about 125 breeding cows before I call it quits at the office. I'm up to about 65 Breeding cows and another 30 or so steers....once I get the breeding herd all the way up, Im kissing this office good bye....with the numbers where they are, its getting very difficult to handle everything part time....tagging new calves has gotten almost impossible, half the time I don't get a tag in their ears until they are 4-6 months old, and then it gets very hard to figure out which cow the calf belongs to. The disorganization drives me crazy.</p><p></p><p>Anyways, I am blessed with my wife. She is a very hard working, very successful attorney who makes more money than 3x what I earn, so not working in the office should not be too hard...in 3 years we will be done having children, and she should be a partner in her firm, which means job stability for her. That means I no longer need to work in the office....I can buy into her health care, and all I need to do is make the ranch pay for itself while it expands....I will use the ranch as a retirement account - buying up land and increasing the herd until I can't handle it all myself. I figure that I should be able to handle about 2500 acres on my own if I get to do it full time....I think that should be all I need.</p><p></p><p>3 more years....3 more long years. But there is a light at the end of that tunnel, and its getting brighter every day!</p></blockquote><p></p>
[QUOTE="marksmu, post: 886682, member: 9219"] Personally I am willing to the risk, but I want to be sure its not a failure before I do so....I have been growing the herd for the last 4 years part time by just working on weekends and saving every penny that I make over/above the necessities...I want to have the numbers I need to show a profit before I stop working at the office....I figure I need about 125 breeding cows before I call it quits at the office. I'm up to about 65 Breeding cows and another 30 or so steers....once I get the breeding herd all the way up, Im kissing this office good bye....with the numbers where they are, its getting very difficult to handle everything part time....tagging new calves has gotten almost impossible, half the time I don't get a tag in their ears until they are 4-6 months old, and then it gets very hard to figure out which cow the calf belongs to. The disorganization drives me crazy. Anyways, I am blessed with my wife. She is a very hard working, very successful attorney who makes more money than 3x what I earn, so not working in the office should not be too hard...in 3 years we will be done having children, and she should be a partner in her firm, which means job stability for her. That means I no longer need to work in the office....I can buy into her health care, and all I need to do is make the ranch pay for itself while it expands....I will use the ranch as a retirement account - buying up land and increasing the herd until I can't handle it all myself. I figure that I should be able to handle about 2500 acres on my own if I get to do it full time....I think that should be all I need. 3 more years....3 more long years. But there is a light at the end of that tunnel, and its getting brighter every day! [/QUOTE]
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