Trevor Steeke Risk, risk, and more risk. Every day we are exposed to a certain amount of risk. In an emerging world of technology, risk is very debatable, and even more so than the risk itself, the way you manage it.
Risk prevention is imperative in order to run an efficient and economical operation.
My subject of risk is a heifer that I recently purchased. I have two goals I am wanting to achieve with her. First, I want her to become a healthy, classy show animal, and secondly, I want her to develop into a mature and productive cow. I realize that if my heifer dies or can't produce healthy calves, my net profit has crashed. My first strategy, self-insure, involves being financially capable of suffering loss.