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Eric
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« on: August 16, 2012, 09:50:52 am » |
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When you take on a loan you add more risk to an already marginal business. If every thing goes great you will never realize that risk. When it doesn't you add a giant PIA to an already bad situation.
Grow slow and steady. Start retaining heifers or earning and build as you go. Buy things with money you have... not what you are going to have. The worse thing you can do in the cattle business... or any business is speculate IMO. That carries the highest amount of risk there is.
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