And you won't help your old long lost friend.Texan":2nve0zbw said:Why would I do that, LA? You can call me selfish, but when I find out how to carry a cow for $150 a year, me and my bankers are gonna buy every cow in Texas.
And you won't help your old long lost friend.Texan":2nve0zbw said:Why would I do that, LA? You can call me selfish, but when I find out how to carry a cow for $150 a year, me and my bankers are gonna buy every cow in Texas.
Caustic, Wannabees dont have to use any accounting. Do they?Please elaborate...Caustic Burno":1bgksdyn said:Now Texan your learning hobby wantabee accounting. Now all we have do is teach La4 and Beef11.
The bankers make the money without the work. I'll take that job. I never knew a broke banker, but many broke ranchers. ;-)Texan":285t2mll said:LA's gonna be one of my bankers, anyway.
Oh we're in for a show now. :lol:Nowland Farms":63nsq23r said:CB,
To make sure we all understand what you mean, will you post your definition of a "Hobby Farm/Ranch" ?
Beef11":2kktdu3k said:"I paid 5k for his mom"
But there you are talking about people who would make stupid decisions in any business they get into.
What about the prudent one who buys land below market in cash, gradually builds a commercial herd, learns as much as he can and makes a few bucks now and then from calves? Not to mention take advantage of gov't grants? AND, might I add, doesn't buy hay?
I would call that pretty smart.
You see, not every "newbie" is an idiot. Some of us have plenty of business experience in other ventures which comes in extremely handy in the cattle business.
Where else do you produce a commodity that's highly liquid, low in labor input, low overhead and that its actually fun and where the gov't rewards you with lots of deductions and grants?
I've met a few old cattlemen that struggle because they are up to their noses in equipment debt, land debt and mismanaged land and animals. If that's what you call "real cattlemen", then than you very much, but I'd rather be a "hobby boy".
Andrew
Andrew":qnk28hrw said:You see, not every "newbie" is an idiot. Some of us have plenty of business experience in other ventures which comes in extremely handy in the cattle business.
Where else do you produce a commodity that's highly liquid, low in labor input, low overhead and that its actually fun and where the gov't rewards you with lots of deductions and grants?
Andrew