Well, I once heard a man say that his wife’s horse breeding business paid off the house. However, since then she has told me that if you consider all the money that went into paying for the shipped semen, the vet bills, the feed, etc. up until each horse was sold, you don’t really turn a profit. She does it because working with horses keeps her sane.

On the other hand, I know of a man who bought a horse for $20,000 and sold it the next day for $100,000. Making $80,000 in one day is definitely a good deal, but probably a once-in-a-lifetime opportunity, and I doubt you can have an honest bone in your body to rip someone off that severely.

Nice Site layout for your blog. I am looking forward to reading more from you.

Tom Humes

Unless your name is Parelli, I’m pretty skeptical that you will ever turn a major profit. Even for people like the Parelli’s, making horses your profession is more a lifestyle than a business. You have to love it because it’s a 24-7 job. You can certainly make enough to support yourself and your horses/business, but generally that’s about it. Unless you’ve got a big name, you’re never going to get rich. But that’s ok. You really only need enough to live.

I feel a blog post churning in my head…

[...] earlier this year, trainer Deanna Castro at her Professional Horse Blogazine blogged about the possibility of making money with [...]

I think anyone can make a significant amount of money in anything that they are passionate about it and if they have two things… a goal and how to get there. The only person stopping you is you. Obviously it can be done if someone else is doing it.

And if this industry did not make any money, then how come so many people do it.

You have to create a BHAG for yourself…a Big Hairy Audacious Goal and then create the baby steps on how to get there.

The first goal to set for yourself is your income. How much money do you want to make this year. Then make yourself a marketing plan on how to increase your business, where are you going to advertise, how to get your blog noticed, how to increase your customer base.

Then make a calender of your marketing plan so will stick with it. A great book to read is GUERILLA MARKETING. Its a way to market your business on a tight budget. And so on and so on.

Another thing you talk about is being wealthy, not that there is anything wrong with that, but when you do something strictly for money, then you loose motivation to keep doing it.

I understand you want it to help people, but you can probably do that now, without being wealthy. My husband and I had a ton of debt, which we paid off with hard work and now we have freedom like we never had before. Now we can give and we make less than a $100,000 a year. Because our money is going to us, not to payments. I feel like I got a raise!

Please don’t get me wrong, I am not here to sell you anything. I just came across your blog, because eventually I want to have a horse farm and I am trying to figure out how to make money with it. And I have realized through my life, that anything can be accomplished if you work out your goals with a plan and attack it.

Then as far as you getting your stuff published, there are now self publishing sites. One is called lulu and it is http://www.lulu.com and the other is blurb at http://www.blurb.com

So just remember…the only one stopping you is you. If you say you will never be rich, then you probably won’t ever be, but then what does “being rich” really mean. To me, you seem to be rich already, because you are doing something you love!!! You are just trying to figure out how to make it more successful and I think you can do it. It just takes time.

Well I hope some of this helps! Have a great day!

I like your passion for starting a horse
business but looking to be weathy doing
it is a wrong approach to its success.
I have been asked many times why I am
successful at my business and I tell them
that I did not do it for the money.
If you are passionate about something
the wealth will follow. I have heard many times
someone say that if they were rich that they
would give lots of their money to this or that cause.
Well, this is a false statement because right now
you possess money in some amount and are you giving
your money to things you belive in? If so, good for you.
Most folks say, “Well, I need that
money, but if I had more than I needed I would
give it away.” That however is an untrue statement.
If they are not giving to those causes that
they believe in now, then they will never give to those
causes even if they have a boat load of cash.
True wealth is not defined in how much you have but how
much you give away. And that starts with what you possess now.
And it keep on going as you possess much more.
Good luck with your pusuits.

Thanks guys for your comments. With the horse business you really do need to be wealthy because horses are so darned expensive!

Believe me, I don’t work with horses because I want to be wealthy! It’s for the love of horses, I WANT to also be wealthy doing it. Nicole, I’m going to check out that book Gorilla Marketing, I was referred to check it out once before.

Mike I totally agree with you with the “If I had more than I needed I would give it away statement.” I hear people say that all the time. But for me, I have always given right where I am. I just would like to have more to give more!

It’s not about how much money you make it’s how much you keep! One person can make $10,000 per year and keep $5,000 than another can make $250,000 a year and keep $100. (Keep meaning not spending on materialistic stuff, I don’t mean keeping from giving to those in need.)

I will always stand by wanting to be wealthy, like I said, horses are expensive with HIGH overhead. I have all the passion in the world for horses, but that can lead to being broke when you don’t have the business savvy of a Perelli lol.

I wish I were more of a business person, I guess I’m just more of a horse and people person, but one can learn right?

Thanks for visiting the blog and I appreciate your input!

Deanna

Hello there actually my friend Ellie (not rich at all really just the average person who would be in to horses)she would get money from her savings or birthday money Christmas ect and go out with her mum. By this time Ellie was only 14 (and mum not into horse nether really was the family)so she would go out to the market or sum where get a youngster and taught
it everything she knew and would sell it on for four times the price(e.g £500=£1500) she would buy the next one from the selling’s of the 1st pony £500 i would say and put the rest a-side and go by another horse and do the same thing over and over again now her goal was to get anoth money to get a pony she deserved round about £6,500 yes the yard got sick of it new pony like every six months but it was fun and look where she is today own’s a £14,000 horse doing very well in life and now is 20 years old and is jumping 1.50 at shows and 3 levels under Olympic level and it only took her 6 years but she had been riding for 14 years all in all so dreams can be accomplished…And even now i do envy her as i was 16 at the time but i am happy for her.