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Starting a Horse Breeding Business

This is a discussion on Starting a Horse Breeding Business within the Horse Breeding forums, part of the Horse Breeds, Breeding, and Genetics category
  • Show jumping and breeding business plan

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    05-03-2013, 10:41 AM
  #31
Yearling
Quote:
Originally Posted by Jalter    
I do not know much about different lines, but that is one of the things I plan on learning before I start. I plan on doing the training myself. I know how to teach jumping, but I will get more experience before I begin with a breeding farm.
But could you bring the horse to the upper levels by your training alone? What about hiring someone to ride him/her and show off the horses talents?
     
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    05-03-2013, 10:45 AM
  #32
Weanling
Quote:
Originally Posted by MsBHavin    
But could you bring the horse to the upper levels by your training alone? What about hiring someone to ride him/her and show off the horses talents?
I would like to show the horse myself locally, but I am willing to hire someone for out of town stuff. As for bringing the horse to upper levels, as of now, I am not that good, but I plan on getting better. I also plan on having a job while the breeding stable is still starting out. I understand this is going to cost a fortune, which is intimidating, but im going to jump in and financially screw myself, haha.
     
    05-03-2013, 10:48 AM
  #33
Started
My BO raises a few thoroughbreds for the track. She does it as a hobby - most years she's lucky to break even. She has a couple mares with spectacular bloodlines that suffered freak injuries that ended their carreers early, and a stallion that was very promising as a 3 year old but suffered a fracture that ended his carreer. Even with great blood lines its a huge guessing game. One mare has a sire that won millions on the track, and was bred to a stallion who's sire also won millions. They had two foals together, The first had NO desire to run, at all. The trainers said to take her home and turn her into a trail horse(which is what happened, and she sold to someone as a trail horse for far, far, FAR, less than the training, registering, etc cost in the first place. Her brother however, is very successful on the track, and is racing again this year.

-Breeding is such a shot in the dark. The first thing I would do if I were you would be acually deciding on a disapline you LOVE, not one that is "popular". If you dislike dressage and try to breed dressage horses, you will fail.
     
    05-03-2013, 10:51 AM
  #34
Super Moderator
I just want to know how you are going to pay for all of this plan. You will have to marry a millionaire who is willing to drop hundreds of thousands of $$$ on your hobby. I know dozens of serious breeders that raise good horses and have a market for them and they are NOT posting a profit and actually post HUGE losses against their REAL source of income on most years

I have helped several of them figure out what year will be their 'profit year' and how to market 1, 2 and 3 year olds in a single year to satisfy IRS requirements --- and these people were selling $10,000.00 + prospects. Some years they had to also sell off some mares and had to NOT declare many expenses to make that year a 'profit year'.

While your posts show a great desire to become a successful breeder, they also show a huge degree naivety. Without years of experience actually buying, training, showing, and selling successful show horses, you simply cannot know what you do not know.

Quote:
I will show her, and after she shows a successful career
What makes you think you will buy one nice prospect and you will instantly show it to be a successful show winner? I know people that have bought a dozen nice (not cheap) prospects and are still looking for their first successful show prospect. I know people that place a dozen or more prospects into training to try to come up with one that will be show quality that is worthy to continue training to a high level. Bear in mind that the 'flunk-out' prospects will be all be sold at a loss. I have seen many $50,000.00 prospects that were later sold for less than $5000.00. [I have bought some of them] I have seen many prospects and even well started horses from just about every venue that have been sold for a fraction of the stud fee paid by their dam's owner at time of breeding.

You talk like it is easy to breed, train and show a winning horse -- like it will be a automatic success story. All of us that have competed on ANY level can tell you that it is not that easy and is not anywhere near an automatic success.

Until you work and possibly train in a big successful program, you do not know what you do not know.
smrobs and Merlot like this.
     
    05-03-2013, 11:00 AM
  #35
Weanling
Quote:
Originally Posted by Cherie    
I just want to know how you are going to pay for all of this plan. You will have to marry a millionaire who is willing to drop hundreds of thousands of $$$ on your hobby. I know dozens of serious breeders that raise good horses and have a market for them and they are NOT posting a profit and actually post HUGE losses against their REAL source of income on most years

I have helped several of them figure out what year will be their 'profit year' and how to market 1, 2 and 3 year olds in a single year to satisfy IRS requirements --- and these people were selling $10,000.00 + prospects. Some years they had to also sell off some mares and had to NOT declare many expenses to make that year a 'profit year'.

While your posts show a great desire to become a successful breeder, they also show a huge degree naivety. Without years of experience actually buying, training, showing, and selling successful show horses, you simply cannot know what you do not know.

What makes you think you will buy one nice prospect and you will instantly show it to be a successful show winner? I know people that have bought a dozen nice (not cheap) prospects and are still looking for their first successful show prospect. I know people that place a dozen or more prospects into training to try to come up with one that will be show quality that is worthy to continue training to a high level. Bear in mind that the 'flunk-out' prospects will be all be sold at a loss. I have seen many $50,000.00 prospects that were later sold for less than $5000.00. [I have bought some of them] I have seen many prospects and even well started horses from just about every venue that have been sold for a fraction of the stud fee paid by their dam's owner at time of breeding.

You talk like it is easy to breed, train and show a winning horse -- like it will be a automatic success story. All of us that have competed on ANY level can tell you that it is not that easy and is not anywhere near an automatic success.

Until you work and possibly train in a big successful program, you do not know what you do not know.
I am naive about this, but I do not think it will be easy. I plan on getting more experience before I start any of this. As for the money, I am not sure how I am going to start out. My boyfriend is supportive on this, and is willing to help me out. He is willing to help me buy a stallion with good bloodlines (yes, an expensive one). We can compete with him and put out stud fees. Hopefull the stud fess will help pay off the stud, then we can figure things out from.there.
     
    05-03-2013, 11:06 AM
  #36
Yearling
Quote:
Originally Posted by Jalter    
I am naive about this, but I do not think it will be easy. I plan on getting more experience before I start any of this. As for the money, I am not sure how I am going to start out. My boyfriend is supportive on this, and is willing to help me out. He is willing to help me buy a stallion with good bloodlines (yes, an expensive one). We can compete with him and put out stud fees. Hopefull the stud fess will help pay off the stud, then we can figure things out from.there.

That's the problem though, the stud fees will never pay off the stud, he will always be accruing costs, what if he breaks his leg? Or gets kicked by a mare in the testicles? He'll be of no use to you and you'll never get your money 'out' of him. Horses really don't work like that and anyone can tell you that getting into breeding to MAKE money is a stupid idea, unless of course you're willing to cut corners on their health.
     
    05-03-2013, 11:15 AM
  #37
Super Moderator
Proving a stallion and having him generate income is even more difficult than proving a mare. I do not know anyone that hauls a stallion (or any show horse for that matter) that does not drop over $500.00 per show -- much higher at high level shows where entry and judges' fees are high. This, of course, is after putting at least 2 years of training and other expenses into a horse.

One has over $50,000.00 tied up in decent hauling equipment. A 'show rig' will cost over $100,000.00.
dbarabians likes this.
     
    05-03-2013, 11:56 AM
  #38
Weanling
It is great to have aspirations and dreams of a successful future with the passion you love, in this case horses.
I have always had the belief, that anything is possible.
Whether or not you end up making a living at this a long time down the road from now or not, you will have at least tried and been doing something you desired.
So many people don't believe in themselves and are lazy and just expect things to come to them. Obviously no one here on HF, we all have the same passion of horses.
Everyone has their own way of doing things and have different ideas of many things. Especially in the horse industry.
This dream of yours is very possible BUT, VERY hard work and VERY EXPENSIVE! It can and will be very heartbreaking when you lose a horse and you WILL at some point, whether it's a mare from foaling or a foal from something gone wrong or the stud from a sickness.
Everyone else has had great points and great advise. I wish you well in your en devours and all the best!
Get as much hands on experience as you possibly can before investing too much.
Think that's all the advise I have, lol.
     

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