PintabianBiz Planning

Did You Know . . .

. . . the PHRI offers complimentary information about Pintabian horses to potential clients, 4-H members and other groups?

. . . the term tobiano is believed to have been coined by a fellow named Tobias?

. . . Pintabian horses are considered to be one of the purest of domestic horse breeds in the world?  What a country!

. . . USDA research indicates that the national average value of United States ranchland rose 12% compared with 5 years ago?

. . . according to the United States Census Bureau, about two percent of U.S. households own horses? 

. . . raising horses and mules is an $861 million dollar a year industry, led by Kentucky?

. . . it is estimated that there are nearly 30 million small businesses in the United States?

. . . a recent survey indicated the average full-time farrier grosses nearly $93,000 per year?


 

 

TIP - Establish Goals and Write Them Down.

MEMBER COMMENTS:

IMPORTANT - write down your goals and then periodically review them.

Be sure the goals you write down are clear and concise.

Also keep an equine business journal.  The size and type doesn't matter as long as you are able to record various information.  What may not seem particularly important at the time it is written down may be very important later.  If you like, you can jazz it up by including photos or drawings.

Those involved in the horse business should be very aware that long hours of work are involved.  Still, the ownership of a horse related business can be an exciting career opportunity, if not a dream come true.  It is why colleges and universities throughout the United States, and world for that matter, have whole curriculums based on equine science programs.

Execution matters more than dreaming.  Just do it!

Think about resale when purchasing. You may want to upgrade further down the line.

Address any problems or questions that arise as soon as possible.

Sure, people can tell you it's easy to make it in the horse business...but that would not be truthful.  Like any other business, it takes commitment and hard work. 

If you ever have any questions, the PHRI (and not internet gossip) is the source for accurate information.

When ready to buy a Pintabian horse, work with a PHRI member that is supportive and willing to sell you a horse that fits your needs.

SH*T OR GET OFF THE POT!  Doing your homework is all fine and dandy but...  If you get distracted by details and don't act promptly, someone could snatch up your perfect Pintabian horse right out from under you.

...and it would be nobody's fault but your own.  I can't tell you how many times I have sold a horse and then had a half a dozen disappointed people telling me that they had wanted to buy it--when I had no way of knowing it because they hadn't told me or made an offer.  If you find the horse you want, purchase it!

The above comment is a bit rough around the edges but it is true.  I prefer to say, "You snooze, you lose."

Use the past as a guide and learn from your mistakes.

Do you have a dream?  It's never too late.  Take Ed Alvarez for instance.  After retiring, he set the aggressive goal of running marathons on all continents...and he accomplished this goal!  One of the most grueling was in Kenya where a zebra even had to be sacrificed so that lions would not eat any of the marathon runners!  Three lessons can be learned from Ed's story:  1) dream aggressively, 2) learn to adapt your dream to changing situations, and 3) protect your dream (even if that means feeding the lions).  To help make your own dream action plan, visit www.amfam.com/dreambank


QUOTATIONS:

"Vision is the art of seeing what is invisible to others."  ~Jonathan Swift

"Common Sense - It's rare.  It's kinda like a superhero."  ~Internet

"Lack of planning on your part does not constitute an emergency on my part."  ~Unknown

"Writing down your goals changes the way you see your situation."  ~Dave Ramsey

"It's a terrible thing, I think, in life to wait until you're ready.  I have this feeling now that actually no one is every ready to do anything.  There is almost no such thing as ready.  There is only now.  And you may as well do it now.  Generally speaking, now is as good a time as any."  ~Hugh Laurie

"The real risk is doing nothing."  ~Denis Waitley

"If you employ common sense, you will know when to turn to others for advice, either through books or school or just in conversation; and you will know when to trust yourself and your instincts to do what's best for your company." ~Kathryn Daniels

"Risk more than others think is safe.  Care more than others think is wise.  Dream more than others think is practical.  Expect more than others think is possible."  ~Cadet Maxim

"Do not let the fear of the time it will take to accomplish something get in the way of your doing it.  The time will pass anyway; we might just as well put that passing time to the best possible use."  ~Earl Nightingale

"Most people are only one idea, one dream, or one person away from their miracle."  ~Bob Harrison

"Planning is bringing the future into the present so that you can do something about it now."  ~Alan Lakein

"Whatever you're most passionate about in life, be twice as passionate about your business."  ~Jason Nazar

"Go find someone who is living your dream and mimic their steps."  ~Soledad O'Brien

"You need to say to yourself, 'I cannot allow my dreams and goals to lie dormant inside me.  From this day forward, I will write down all the things I want to accomplish.  I must plan and set into motion the actions that will accomplish my great goals.' "  ~John Paul Carinci

"You can't build a reputation on what  you're going to do."  ~Henry Ford

"The majority of businesses fail, not because of metrics, money or other inadequacies.  They failed because they were never started."  ~Jason Nazar

"The moment you start changing to please people, you will be taking a step backward."  ~Joel Osteen

"Be glad for all God is planning for you.  Be patient in trouble and always be prayerful."  ~Romans 12:12 NLT

"Chance favors the prepared mind."  ~Louis Pasteur

"I'm a great believer in luck, and I find the harder I work the more I have of it."  ~Thomas Jefferson

"Your vision is the signet of your destiny."  ~Glenn Bland

"Goals are dreams with feet on them."  ~Dexter Yager

"The secret of success is constancy of purpose.  ~Benjamin Disraeli

"Don't let perfectionism paralyze you.  If you put everything off till you're sure of it, you'll get nothing done."  ~R. Alec MacKenzie

"Find out what it is you want and go after it as if your life depends on it.  Why?  Because it does."  ~Les Brown

"The past is a guidepost, not a hitching post."  ~Thomas Holcroft

"Successful entrepreneurs make the decision that winning is the ONLY option, then back it up with relentless action."  ~Allison Maslan

"To excel in your field should be one of your goals."  ~John Paul Carinci

"If you climb in the saddle, be ready for the ride."  ~Internet

"Your goal may not come easily, but success usually comes to those who persist, those who choose to be different."  ~John Paul Carinci

"You may be disappointed if you fail, but you are doomed if you don't try."  ~Unknown

"You must remain focused on your journey to greatness."  ~Les Brown

"Few cowboys ever owned much.  The primary reward of being a cowboy was the pleasure of living a cowboy's life."  ~Unknown

"One has to remember that every failure can be a stepping stone to something better."  ~Col. Harland Sanders

"Most people are only one idea, one dream, or one person away from their miracle."  ~Bob Harrison

"The vision must be followed by the venture.  It is not enough to stare up the steps--we must step up the stairs."  ~Vance Havner

"If your subconscious "financial blueprint" is not "set" for success, nothing you learn, nothing you know, and nothing you do will make much of a difference".  ~T. Harv Eker

"You must remain focused on your journey to greatness."  ~Les Brown

"Anyone who has never made a mistake has never tried anything new."  ~Albert Einstein

"It just goes to show that you can plan all you want and plot all you want.  But sometimes you have to roll with the punches."  ~A. J. Calloway

"It's not what you do once in awhile, it's what you do day in and day out that makes the difference."  ~Jenny Craig

"The first rule to becoming wealthy is not to lose money.  The second rule is not to forget the first rule."  ~Warren Buffet

"Winners can tell you where they are going, what they plan to do along the way, and who will be sharing the adventure with them."  ~Denis Waitley

"The ability to discipline yourself to delay gratification in the short term in order to enjoy greater rewards in the long term is the indispensable prerequisite for success."  ~Maxwell Maltz

"Set an attainable goal, develop a vision to reach it, then start working."  ~Jennifer Paulson

"Don't over-think your new business.  Take action instead!"  ~Scott Fox

"We all know what happens to people who stay in the middle of the road; they get run over."  ~A. Bevin

"You must have long-range goals to keep you from being frustrated by short-range failures."  ~Charles C. Noble

"Chance favors the prepared mind."  ~Louis Pasteur

"Why not go out on a limb?  Isn't that where the fruit is?"  ~Frank Scully

"It pays to plan ahead.  It wasn't raining when Noah built the ark."  ~Unknown

"He who every morning plans the transaction of the day and follows out that plan, carries a thread that will guide him through the maze of the most busy life.  But where no plan is laid, where the disposal of time is surrendered merely to the chance of incidence, chaos will soon reign."  ~Victor Hugo

"If you want to enjoy the rainbow, be prepared to endure the storm."  ~Internet

"Whenever you see a successful business, someone once made a courageous decision."  ~Peter Ferdinand Drucker

"A journey of a thousand miles begins with one step."  ~Chinese Proverb

"A goal, not in writing, is simply a wish."  ~Mac Anderson

"Twenty years from now you will be more disappointed by the things you didn't do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover."  ~Mark Twain

"Discipline is the bridge between goals and accomplishment."  ~Jim Rohn

"Give me a stock clerk with a goal and I'll give you a man who will make history.  Give me a man with no goals and I'll give you a stock clerk."  ~J. C. Penney

"If you don't know where you are going, any road will get you there."  ~Internet

"Vision is the art of seeing the invisible."  ~Jonathan Swift

"This is a wonderful time to be alive. There have never been more possibilities and opportunities for you to achieve more of your goals that exist today."  ~Brian Tracey

"How many times have you had a great idea and talked you out of it?  ~Les Brown

"You miss 100% of the shots you do not take."  ~Wayne Gretzky

"There is one quality that one must possess to win, and that is definiteness of purpose, the knowledge of what one wants and a burning desire to achieve it."  ~Napoleon Hill

"The reason most people never reach their goals is that they don't define them, or even consider them as believable or achievable."  ~Denis Waitley

"If you don't set goals for yourself, you are doomed to work to achieve the goals of somebody else."  ~Brian Tracey

"Commit to your business. Believe in it more than anything else. If you love your work, you'll be out there everyday trying to do the best you can, and pretty soon everybody around will catch the passion from you--like a fever."  ~Sam Walton

"Writing leads to accomplishing your goals."  ~Unknown

 

 

TIP - Increase Income.


MEMBER COMMENTS:

If you have ever been a real estate agent, you know there are slow times and that cash flow can be an issue at times.  Find ways to diversify that will bring in much needed income while waiting for the sale of your Pintabian horse.

Yes, diversification is key.

In other words, don't put all of your eggs in one basket!


QUOTATIONS:

"Don't base your competitive strategy on price alone."  ~Kathryn Daniels

"A penny saved is a penny earned."  ~Unknown

"The successful man will profit from his mistakes and try again in a different way."  ~Dale Carnegie

"Few cowboys ever owned much.  The primary reward of being a cowboy waas the pleasure of living a cowboy's life."  ~Unknown

"An avalanche begins with a snowflake."  ~Joseph Compton

 
TIP - Reduce Expenses.


MEMBER COMMENTS:

Recyle and repain whenever you can.

Try paperless marketing.

Make cost effective decisions.

Registering your foals before December 31st of the year they were born will keep your registration fees as low as possible.

The same goes for filing Stallion Breeding Report forms.  If filed in a timely manner, the fee is a mere $10.00.  If filed late, the fee is a total of $35.00 ( which includes the late penalty).

See if you can negotiate down the price of feed or hoof trimming (while practicing your negotiating skills at the same time).


TIP - Become a professional.


MEMBER COMMENTS:

...and hang around professionals.

Professionals think about resale when purchasing. You may want to upgrade further down the line.

Surround youself with professionals you know and trust.

Never be afraid to ask others for advice.

Consider trading up.

Savvy comes with time and experience.


QUOTATIONS:

"Knowledge is free at the library.  Just bring your own container."  ~Unknown

"A single hour a day, steadily given to the study of some interesting subject, brings unexpected accumulation of knowledge."  ~William Ellery Channing

"Anyone who keeps learning stays young."  ~Henry Ford

"You can't fly like an eagle when you hang around with turkeys."  ~Unknown

"Being around people who see your dream can help you."  ~Bill Bellamy

"Learn from the mistakes of others.  You can't live long enough to make them all yourself."  ~Eleanor Roosevelt

"You never achieve real success unless you like what you are doing."  ~Dale Carnegie

"Keep away from people who belittle your intentions.  Small people always do that but the really great make you feel that you, too, can become great."  ~Mark Twain

"A professional is one who can do his best work when he doesn't feel like it."  ~Alistair Cooke

"When you can do the common things in life in an uncommon way, you will command the attention of the world."  ~George Washington Carver

 

TIP - Plan for your retirement.


MEMBER COMMENTS:

Consider establishing a SEP IRA, a Simple IRA or a 401(k) retirement plan early on.
 

TIP - Plan an exit strategy.


MEMBER COMMENTS:

When establishing goals, don't forget an exit strategy.
 

 

__________________________________________________
__________________________________________________

Make member contributions to PintabianBiz by phone, mail or E-Form.
__________________________________________________
__________________________________________________


Copyright © 2018. All rights reserved. Pintabian horse, PartPintabian, PintabianBiz and Pintabian BlogSpot are international marks.