Equine entrepreneurs put passion into business
By Marty Metzger
North Forty News
Horsing around is welcomed work, not goofing off, for horse lovers who've
turned their passion for equines into cash.
It's easy enough to loudly sigh and say, "Maybe someday," before sadly
shuffling off to a tedious workplace. Money, time, doubt, fear and lack
of business experience are the top excuses that keep a "someday" dream
soundly asleep. But those restricting reasons can be overcome.
Business start-up money can be had from diverse sources including small
business loans, government loans and grants for women and minorities, private
financial investors, second mortgages or a business partner.
To combat time constraints, all that's needed is a viable schedule designed
by time assessment and management. Equine-related businesses can be anything
from full time to part time and all timetables in between.
Trample doubt and fear beneath busy boots by following a solid business
plan. First determine if a need actually exists for the prospective venture
and how many competing businesses exist in the intended geographic marketplace
or online.
It won't look good on if it doesn't fit. That obvious piece of clothing
advice also applies to self-employment. It'll be 24/7, so unless there's
passion for the business it won't succeed. Look at a few possibilities
at a time and give them a mental try on.
Among the more popular trades are horseshoeing, saddle-making, auctioneering,
free-lance writing for breed organizations or horse publications, horse
appraising and racehorse grooming or exercising.
Further beneath the thinking cap await uncommon ideas such as plaiting/braiding
horsehair into tack or jewelry, wholesaling equine veterinary supplies,
giving seminars on your line of equine expertise, opening an equestrian
bookstore, publishing a local equine newsletter, booking horseback tours
at U.S. and foreign guest ranches, making and marketing equine products
such as organic horse treats, running a dude/guest ranch or setting up
a bed, barn and breakfast establishment.
One great thing about creating an equine business is that there are no
boundaries. Combine ideas and think outside the fence.
One such "horses in many pastures" business owner is Cheryl Rennels. The
Livermore entrepreneur raises quarter horses, publishes equine-themed and
other books, markets therapeutic grade essential oils for horses, and makes
and markets Total Equine Supplement, which is a free-choice block of salt,
minerals, vitamins, protein, probiotics and Rush Creek Mineral. The supplement
began as an import of sorts, as Rennels had been purchasing it for six
years from an Idaho man who owned rights to the formula. Eventually he
gave her permission to manufacture and sell his product.
Rennels is enthusiastic about all the branches of her equine business tree.
"My passion is to develop a product and information that support a healthy,
balanced horse," she said.
A multi-faceted business tends to be more labor-intensive than a singularly
focused one. But it also squelches all things humdrum. And the facets needn't
be identically sized. For example, an entrepreneur can devote 20 hours
a week to one part, four hours to another and intermittent time to a third.
One north Fort Collins woman has found her equine niche. Erin Wilson-Kaufman
owns Complete Equine Services. Six years as a barn manager in Waverly and
a degree in equine science propelled Wilson-Kaufman into her thriving comprehensive
business. The busy mom enjoys the flexibility of hours in which she serves
as a surrogate caretaker for horses of traveling owners, riding instructor,
stall cleaning/maintenance technician and lay-up caregiver at owners' sites.
Wilson-Kaufman is insured and has more than 15 years of experience. These
factors bolster her resume and have brought her 80 retained clients.
"Owning my own business gives me freedom to be who I want to be and freedom
to my clients to leave home with trust and confidence their horses are
well cared for," she said.
Personal interests, skills, physical abilities and long-range goals lead
potential equine entrepreneurs into the starting gate. A good business
plan helps avoid stumbles when that barrier flies open. Heart, stamina
and passion will assure a winning cross of the finish line.
Not everyone is suited to self-employment, but for those horse devotees
who are, a business with hooves is an exhilarating ride that can carry
them all the way to the bank.
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