Sample: E-Book – Casual Voice (excerpt)
Rancher's Guide to Registered Cattle Sales: How To
Plan and Hold Your Own Auction
© 2003 – all rights reserved
Introduction
"Don't be
afraid to take a big step. You can't cross a chasm in two small jumps."
-David Lloyd George
Even though I’ve been around cattle all my life,
auctions have always seemed like mysterious ceremonies that could be performed
only by specially annointed people (that is, the
auctioneers). In fact, auctions were so
shrouded in secrecy that it seemed arrogant for me to even think of holding an
auction of my own. In 1984, though, I
decided to do it anyway. It didn’t take
long for me to find out just how little I knew about livestock sales. Even though I hired someone to manage the
sale, I didn’t even know the right questions to ask.
I’ve held many sales since then, and each time I’ve
learned a little more about how the process works. But I still remember how it felt, that first
time around, to know almost nothing at all.
Hopefully, this book will give you an advantage I didn’t have. In fact, I’m hoping that even if you’re a
seasoned professional, you’ll find new information here.
I considered extending the scope of this book to
include the sale of other livestock such as horses, sheep, goats, and
pigs. In the end, I decided against it
because my expertise is in cattle.
Nevertheless, I suspect that no matter what kind of animal you raise,
you’ll find this volume useful.
Thank you for taking the time to purchase and read
this book. If you like what you read (or
even if you don’t), please write and tell me.
I look forward to hearing from you.
Chapter
One: Why Hold an On-Farm Cattle
"It's kind of
fun to do the impossible."
-Walt Disney
Many ranchers never consider holding an on-farm
sale. After all, as this book makes
clear, holding a cattle sale is a major undertaking, requiring you to manage
many logistical details. Wouldn't it be
easier just to sell by private treaty?
Sure, it might be easier in the
short run. However, it is actually more
expensive to sell by private treaty than by sale. Take advertising, for
example. When you advertise for private
treaty sales, your advertising dollars target individual ranchers looking to
make small purchases of just a few head of cattle. This is particularly true where your
advertisement features a few specific animals….