Posted August 2nd, 2008 — Filed in Bud's Musings
When I talk about an industry every one is included. This means the very good, the good, the average, and the very bad. While you are reading this, realize that you are one of the very good. However, the livestock industry does not have many good managers, which is why it could be such a good business to be in. When we look around it looks like there are lots of industries that do not have good managers. The auto, financial, and home building industries have done things with very poor management.
Why are managers getting worse? This is easy. They either do not know the basics or do not care about them. To manage you must know the basic things that are important to that business. Everything we are (more…)