246. 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 justin@millionaireuniversity.com
Enjoy the episode! and please share it with a friend!
(Original Air Date - 7/10/23)
What Justin and Janelle discuss on today's episode:
+ Introduction to Horse Investing
+ The Story of Fergie: A Horse Investment
+ Understanding the Horse Business
+ The Economics of Horse Training
+ Exploring the Potential for Horse Investment
+ Final Thoughts on Horse Investment
+ Discussing Potential Investment in Horse Racing
+ Considering the Financial Aspects of Horse Ownership
+ Weighing the Risks and Rewards of Horse Investment
+ Deciding to Invest in Horse Racing
+ Planning Future Investments
+ Discussing the Logistics of Horse Racing
+ Finalizing the Decision to Invest in Horses
+ Reflecting on the Investment Decision
+ Breaking Down the Investment Opportunity
+ Understanding Return on Investment (ROI)
+ Structuring the Horse Investment Deal
+ Exploring Other Investment Opportunities
+ Investing in Fergie, the Future Horse of America
+ Understanding Return on Time Invested (ROTI)
+ Encouraging Listeners to Take Action
+ Concluding Remarks
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