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starting a breeding business.

This is a discussion on starting a breeding business. within the Horse Breeding forums, part of the Horse Breeds, Breeding, and Genetics category
  • Starting a business in horse producing and breeding
  • Starting a horse producing business

 
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    08-12-2010, 11:35 PM
  #11
Trained
Trust me I know all about the cost....we spend more money on training, feeding, caring for and breeding our mares than we do on the entire family!
     
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    08-12-2010, 11:45 PM
  #12
Green Broke
There are two completely different economies when it comes to horses.

Right now, the mediocre economy is in a slump only because this grouping is comprised mainly of individuals who see horses as recreation and pets. They do not have the money for extra pets, and due to the economy, can't even afford the ones they DO have, which is why we're seeing such insanely low prices for mediocre to half decent horses. Putting food on the table comes first, and plugging money into old Sparky who contributes absolutely nothing to the family unit except more bills isn't high on any list of priorities.

The economy that deals in animals worth hundreds of thousands, and the breeders, trainers and competitors that fuel that market are a completely different story. You are applying equine logic, but in this case, it's business logic and that's basically like saying nobody should open a new business in this economy. Yes, it's a risk, but without those risks, the economy is going to stay right where it is. It NEEDS stimulation to recover.

The people dealing in million dollar empires with competitive and coveted stock are no where near the same economic crisis as the average backyard horse. These people are business people first and horse people second. They know how to manage the operation to keep it flourishing.

And in answer to the question, mares all the way. Your breeding operation will never get anywhere if you campaign one good stud and then use him on the mares you collect. Your money and efforts are MUCH better spent collecting a group of fantastic broodmares, paying the stud fees on the best available studs and having a group of diverse foals to continue breeding on.
     
    08-13-2010, 12:17 AM
  #13
Trained
Definitely start with the best possible mares you can find. Somewhere down the line, you could probably keep one of your own stud colts, and start promoting him, as well.
     
    08-13-2010, 12:22 AM
  #14
Trained
MacabreMikolaj I couldn't agree with your post anymore!
     
    08-13-2010, 12:35 AM
  #15
Trained
Oh yes, and Macabre is right on!
     
    08-13-2010, 01:05 AM
  #16
Green Broke
Well sure, macabre, but if the OP was in the "multi-million dollar" class of horse producers, they wouldn't be on here asking for advice... The OP is likely in the same boat as the rest of us; some where among the middle class with big dreams .

If the OP has the money to buy "coveted stock" and promote/show those horses, then great. She can start building an empire from the ground up. But to become a part of the elite crowd that's producing horses that are outside of economic influence, it's going to take a LOT of $$$ now, or a lot of time.

But realistically, even with tens of thousands of dollars to start a horse breeding business now, it's going to take more money and a lot of time to build said business, and even more time to make it profitable.

Horses are a luxury item. Show horses are even more of a luxury than a backyard horse. They have taken a hit in value too, especially foals and young horses.
     
    08-13-2010, 01:31 AM
  #17
Banned
Quote:
Originally Posted by luvs2ride1979    
Well sure, macabre, but if the OP was in the "multi-million dollar" class of horse producers, they wouldn't be on here asking for advice... The OP is likely in the same boat as the rest of us; some where among the middle class with big dreams .

If the OP has the money to buy "coveted stock" and promote/show those horses, then great. She can start building an empire from the ground up. But to become a part of the elite crowd that's producing horses that are outside of economic influence, it's going to take a LOT of $$$ now, or a lot of time.

But realistically, even with tens of thousands of dollars to start a horse breeding business now, it's going to take more money and a lot of time to build said business, and even more time to make it profitable.

Horses are a luxury item. Show horses are even more of a luxury than a backyard horse. They have taken a hit in value too, especially foals and young horses.
Not trying to sound rude or anything, so don't take this the wrong way: But what does money have to do with business advice. You could be born into millions of dollars and be the stupidest person around when it comes to business sense.

I really haven't seen the bigwigs of the horse world hit very hard around here. I know trainers who are STILL selling their horses for $30,000 plus. And we live in a very rural, middle class part of the country.

It all depends on your location and you access to the world. If you are putting your business ads into widespread national magazienes, you are bound to find at least one person interested in your horses.

I'm not saying that it is going to be peaches and cream starting a business in an industry that is not used by every single person in the world. It would take blood, sweat, tears and money to do so. And I completely agree with you when it comes to the fact that horses are a luxury item. It takes disposible income to properly maintain a horse, let alone multiple horses.

As for the OP, I'd go with mares. They will get you a solid foundation to start with, then you can move on to buying/raising a stud.
     
    08-13-2010, 02:51 AM
  #18
Green Broke
Quote:
Originally Posted by A knack for horses    
Not trying to sound rude or anything, so don't take this the wrong way: But what does money have to do with business advice. You could be born into millions of dollars and be the stupidest person around when it comes to business sense.
It takes money to start a breeding business. And it takes a lot of money to start one that will sell high dollar "coveted" foals.

Quote:
I really haven't seen the bigwigs of the horse world hit very hard around here. I know trainers who are STILL selling their horses for $30,000 plus.
Exactly. These are trained show horses, or horses trained and beginning to show. How much are babies selling for in your area? The OP wants to start a BREEDING business, not a training business. Plus it takes years to build the reputation to become one of the "bigwigs"...

Quote:
It all depends on your location and you access to the world. If you are putting your business ads into widespread national magazienes, you are bound to find at least one person interested in your horses.
Again, it takes money. Those national magazine ads are NOT cheap.
     
    08-13-2010, 12:25 PM
  #19
Trained
Quote:
Originally Posted by luvs2ride1979    
It takes money to start a breeding business. And it takes a lot of money to start one that will sell high dollar "coveted" foals.

I started all be it many years ago. With good stock and worked my way up. Have yet to spend any money out my pocket on any of my horses. They pay for them selves and if you go at it from a business point of view it can still be done.



Exactly. These are trained show horses, or horses trained and beginning to show. How much are babies selling for in your area? The OP wants to start a BREEDING business, not a training business. Plus it takes years to build the reputation to become one of the "bigwigs"...

Yearlings and started 2 have continued to go up in the higher end horses. It is not BYB cr p that does not bring good money. Well bred well conformed young stock still brings a good price.



Again, it takes money. Those national magazine ads are NOT cheap.
Yes it does take money. However like any business your product should pay those bills.


Right now is actually a frailly good time to start out. You can pick up a very nice older proven broodmare at a decent price. Yes you may only get a foal or 2 out of her but if you play your cards right those foals should bring very good money. Then you go out and buy anouther well bred proven broodmare who is perhaps a bit younger and keep going from there. Then you keep one good filly out of those mares and from the ones you sell, train and show those fillies and then they become your next broodmares. It can be done and done on a budget, things is really knowing your breed/bloodlines, your discipline, and your market.
     
    08-13-2010, 01:42 PM
  #20
Banned
Quote:
Originally Posted by luvs2ride1979    
It takes money to start a breeding business. And it takes a lot of money to start one that will sell high dollar "coveted" foals.



Exactly. These are trained show horses, or horses trained and beginning to show. How much are babies selling for in your area? The OP wants to start a BREEDING business, not a training business. Plus it takes years to build the reputation to become one of the "bigwigs"...



Again, it takes money. Those national magazine ads are NOT cheap.
I meant that just because somebody has money, it doesn't mean that they don't have questions on how to start their business.

I do see your point with the foals, but around here, if people want a foal, they go and get their mare pregnant and raise the baby themselves. I do understand the trend to investing money into already trained, adult horses rather than the risks of buying a weanling/yearling with potential.

And I never said that magazine ads were cheap. But if you want to get your product out, there are ways. They may not be cheap, but there are ways to get the word out about your business.
     

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