Cody Archie
๐ค SpeakerAppearances Over Time
Podcast Appearances
We don't have to answer to anybody else.
We don't have to get permission, and we can change as we want to, good or bad.
There's no expectations.
Yeah, there's no expectations, no, but...
at that point you could buy a load of cut bulls, seven, seven to eight weight cut, you know, bulls, get them castrated, get them cleaned up, get them straightened up, get them started on feed and send them, you know, send them to somebody that was going to buy.
Um, at that time we were trading with Eastern livestock.
I don't know if y'all have ever heard of Eastern livestock.
They folded about maybe eight or 10 years ago.
They got caught basically cutting their money.
They were picking up cattle that, and paying for them with stuff that was coming in, you know, they folded, went under, um,
But at first, you could borrow $40,000 and buy 70 steers.
I mean, it was pretty cheap.
And you would make $5,000 or $6,000 in 60 to 90 days.
It was a pretty good ROI on your investment.
And as that progressed, we did that for a few years.
It got to the point where, hey, now I got to borrow $100,000, $120,000 to make $3,000 or $4,000.
And I'm like, that's a little too much risk.
I mean, it's not as good.
And about that time, we had shipped a load of cattle.
They had picked them up.