Horse Question!? Please Help?

Question

When I turn 25 I am going to open up a Show Barn and I need to know how all of the GP riders afford SOOOO many horses, is their a way for people to like 'loan' you their horses and you can train/show the horses for them (I would need like 5-9 horses). Just curious :D

Answer 1

well, lets hope that the economy picks up by the time you're 25, then it'll be easier to do.

they either started out with other jobs and make money that way, or some were born with money, i'd suggest a thrid thing, but i've already been yelled at for suggesting it so i wont.

you can lease a horse out, but you have to be careful who you let ride the horses. i've leased out my horses before, to people i knew could a. ride, b. know personally, c. both.

i suggest that you get a really good job that pays well to save money.

but yeah, it does take a good job and a bit of savings. . . and get used to living poor (i'm used to it, it's not too bad, at least i get to save for my needs/wants/horses) i also have a plan to own a horse farm. but instead of 25  years old, i'm aiming for 35, (i'm going to get my doctoral in nursing first, to pay for my horses.)

Answer 2

some people do that. But really you have to have boco bucks and do it on your own to take care of the horses, its all up to you when it comes to the horses/

Answer 3

We have run a successful training/showing barn for over 30 years.  You need to decide what you want to specialize in and then go work for trainers in that discipline or breed. Eventually you will be recognized and can branch out on your own.  It's hard work and you have to be driven by a love of horses or it just won't work.  I don't know where you are located, but working students are getting harder and harder to find,  Sadly, the guys that have been around a long long time are not finding a lot of worthy people to pass their hard earned knowledge on to.  Everyone thinks it's so easy.  Not so, but can be very rewarding.  If you are interested in learning more about training email me. We're in California

Answer 4

I'm 25 and am nowhere near able to afford such a luxury, even with the rather large nest egg I have saved. Most people my age can barely afford their rent and car, let alone owning a stable of horses!

I've heard of people loaning their horses for training and showing, but it's still not very common. First of all, you need a good source of income, like a JOB. Most banks don't give out large loans to people who have no way of paying them back and unfortunately most people don't get paid to ride horses all day.  I suggest you start with one horse to compete with and see where that takes you. If you gain a good reputation on the show circuit and really network, people might start coming to you for training and showing their horses.

Answer 5

From what I've seen, most people who have their own successful barns with lots of horses & boarders start off working at another one first. My first trainer worked at the stable I attended. She wasn't the owner. The owner of our current barn started off working on a gigantic Appaloosa breeding facility.

Try finding a job as a trainer in another barn to earn up money for your own place. It's expensive, and (if you live in the US), the way the economy and feed prices are going, it's only going to get pricier!

Answer 6

The biggest mistake people make is investing too much of their own personal money, thats what small business loans are for. What you need to have is a 5 to 10 yr business plan. Next is to have flawless credit. The biggest mistakes young people make is not caring enough about their credit and doing everything in their power to build a high score. The more responsible you are with money the more you will be able to borrow. Start building a client base by having a good reputation, work for other reputable farms while you are young so people get to know your name and work. Always be known for doing a good job and having ethics, people will pay for this when It comes to having your own training barn and lastly while you are young, SHOW, get out there and get yourself noticed. Most of the barns you are talking about are either boarding barns, someone pays you to take care of there animal and second are Training and showing barns where people pay to have you train and show their horse......more money doing this, but you have to carry alot of insurance.

Answer 7

the people i am a working student for take out a loan to buy the horses. They also have jobs and own 2 other businesses besides the horses.

Answer 8

I would start out working at another barn. You can manage or something similar at another place to get the "feel" of what it's like and to learn what it really takes. I will tell you this though, unless you have TONS of money, you better plan on have a second, maybe even third job. The horses won't pay the bills.