36. I Bought a Horse! Why I'm investing in Horses, and How Better Understanding ROI Can Help You Spot Opportunities You May Otherwise Miss!!

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 [email protected] 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 To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors. Learn more about your ad choices. Visit megaphone.fm/adchoices