I just bought a horse! You heard that right! NOT house...HORSE! :)
I was recently talking with my sister-in-law Janelle, and I was asking her about her horse business. We got talking and I could smell an opportunity for her and me! Now here we are a few weeks later and I'm the proud owner (co-owner) of a beautiful baby barrel racehorse named Fergi!
More importantly in this episode, I take you inside of my brain and what I was looking for during this call. How I was quickly able to spot the opportunities that were available. I also help you better understand ROI (Return on Investment) and how understanding this has made me a lot of money and helped me to better spot opportunities and structure deals and I teach you how you can do the same!
This isn't something I talk about a lot in too much detail but want to talk about it more in future episodes. Please reach out to me and let me know if you grasped the concept and let me know of anything I can clear up in the future! As always you can reach me at justin@millionaireuniversity.com
Enjoy the episode! and please share it with a friend!
00:00 Introduction to Horse Investing
01:01 The Story of Fergie: A Horse Investment
03:10 Understanding the Horse Business
04:45 The Economics of Horse Training
13:15 Exploring the Potential for Horse Investment
17:31 Final Thoughts on Horse Investment
18:04 Discussing Potential Investment in Horse Racing
18:38 Considering the Financial Aspects of Horse Ownership
19:28 Weighing the Risks and Rewards of Horse Investment
19:41 Deciding to Invest in Horse Racing
20:13 Planning Future Investments
20:55 Discussing the Logistics of Horse Racing
21:28 Finalizing the Decision to Invest in Horses
21:52 Reflecting on the Investment Decision
22:09 Breaking Down the Investment Opportunity
24:59 Understanding Return on Investment (ROI)
27:27 Structuring the Horse Investment Deal
29:46 Exploring Other Investment Opportunities
32:36 Investing in Fergie, the Future Horse of America
38:41 Understanding Return on Time Invested (ROTI)
39:25 Encouraging Listeners to Take Action
40:53 Concluding Remarks
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