Gordon Hazard Talks Money Management In Beef Production

 Money management as important to profits as any other concept.

March 5, 2014

1 Min Read
Beef logo in a gray background | Beef

One of the geniuses of Gordon Hazard's 60-year-old, started-from-scratch beef operation is his money management. 

Hazard has always counseled people who want to build a beef business this way: Make your living outside your beef business, make it profitable and keep pouring the profits back into expansion.

Hazard, who is now 90, started in the business when he was on leave from the Army during World War II. While on leave, he found a piece of land to buy near his home in West Point, MS, decided he could easily cover the payments with his monthly salary, bought the place against the banker's advice, and went back to Europe.

He survived the war, later went to vet school and then made his living as a veterinarian. He and wife Sarah raised and educated four children on his veterinarian's income and Hazard kept growing his business, all in his "spare" time and always investing profits from the beef operation back into ... the beef operation.

To read more of Hazard's tips, click here.

 

More articles to enjoy:

70+ Photos Of Multiple Generations On The Ranch

Calf Watch: 101 Reader-Submitted Baby Calf Photos

Charges Of Blasphemy Over Science Make A Comeback

It’s Time For Old Man Winter To Step Aside

Extreme Weather Prep: How To Help Your Cowherd Weather A Natural Disaster

Subscribe to Our Newsletters
BEEF Magazine is the source for beef production, management and market news.

You May Also Like