NEXT PROJECT HORSE CHALLENGE:
DAY 5 - Creating Your Project Horse Plan

About this video

In this lesson, you'll learn how to establish a realistic and profitable plan for your project horse. By determining the market value of your finished horse, calculating acquisition costs, and projecting expenses like board, feed, and vet care, you'll set the foundation for sustainable success.

This lesson emphasizes the importance of accurate number-crunching to create a repeatable, scalable process for transforming horses into valuable assets while avoiding common financial pitfalls.

NExt Steps

1 - Create a Cost Projection:

Calculate all potential expenses for a 90-day period, including:
*Boarding fees (if applicable).
*Feed, hay, and shavings.
*Farrier and veterinary costs.
*Miscellaneous costs like equipment or training aids.
Total these expenses to establish your break-even point and potential profit margins.

2 - Evaluate Past Projects (Optional):

If you've previously bought and sold horses, create a recap sheet: Record the purchase price, total expenses, and final sale price for each horse.
Calculate the net profit to assess past performance and identify improvement opportunities.

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