Values & Profitability in Equestrian Entrepreneurship
In the vibrant world of equestrian entrepreneurship, my journey began not just with a vision, but with a set of values that would serve as the cornerstone of my venture. Fueled by passion and guided by a desire to revolutionize the industry, I embarked on a mission to provide a new standard for the sport and offer opportunities for individuals to thrive in the horse business like never before.
My company was founded on the principles of transparency, security, and ease – values that are often overlooked in the traditional horse market. Recognizing the need for change, I set out to redesign the way horses are purchased and sold, aiming to bring clarity to a process shrouded in uncertainty and complexity.
Driven by a relentless pursuit of excellence, I've not only been able to turn my passion into profit but have also laid the groundwork for a brand that transcends the fleeting trends of the industry. My goal is not just to make money but to build a legacy – a brand that stands the test of time and continues to deliver value to an ever-expanding clientele.
As I journey towards this vision, I am committed to driving meaningful change in the equestrian world. Through digitization, transparency, and the establishment of high-quality business standards, I aim to leave a lasting impact on the sport, ushering in a new era of innovation and opportunity. With each stride forward, I am working to shape a future where the values I hold dear become the norm, and where equestrian entrepreneurship thrives like never before.
STARTING A BUSINESS IN EQUESTRIAN SPORT: THE MONEY TALK.
In the world of horses, there exists a pervasive misconception that financial success in the equestrian industry equates to a lack of passion for the horses themselves.
This notion, however, couldn't be further from the truth. As a collective, we must recognise that profitability is not synonymous with greed; rather, it serves as a means to drive positive change and impact within the industry we hold dear.
Profitability empowers equestrian professionals to set rates that truly reflect their experience and commitment to providing top-notch services for their clients. Similarly, when it comes to selling horses, profitability enables transactions to be conducted with a margin that upholds the welfare of the animal, promoting a conscientious and sustainable approach to commerce.
At BRIDL, when asked about the cost of our services, we proudly declare that profitability is the driving force behind our company's growth. It fuels the development of new standards, empowers our hardworking team, and enables us to provide value and quality services to our clients. We believe that by prioritizing profitability, we can effect positive change in the market and elevate the industry as a whole. We do all that, by keeping our rates clear, and transparent.
By understanding the true value of profit, BRIDL aims to dismantle the stigma surrounding financial success in the equestrian world, encouraging entrepreneurs to leverage their businesses as vehicles for positive change. We believe that profitability, when coupled with integrity, transparency and ethical business practices, is not only admirable but essential for the long-term sustainability and growth of the industry.
Money in Horses vs Money with Horses: MY Perspective
At BRIDL, we understand the subtle yet significant difference between making money in horses versus making money with horses. While both endeavors may seem similar, they entail distinct approaches and considerations, particularly in the context of our business.
Making money in horses in the traditional business, often involves activites such as breeding, training, or competition winnings. However, making money with horses requires a strategic blend of investment and fostering strong client relationships.
When equestrians business with BRIDL, they're not just engaging in transactions; they're investing in a new approach to horse trading. Our company aims to provide quality services, transparency, direct communication with the seller, and ease in the buying and selling process, transforming the way horses are traded.
By aligning with BRIDL, equestrian entrepreneurs can tap into a new realm of profitability while upholding ethical and sustainable business practices.
Some exciting success stories I’ve witnessed recently…
As the CEO of BRIDL, I've had the privilege of witnessing remarkable success stories with our platform, where horses are not just animals but investments with significant potential. Like any investment, there are inherent risks, but these stories exemplify the extraordinary possibilities for substantial gains.
Take, for example, a recent transaction where a horse was acquired through BRIDL for €25,000. Following its import, our client swiftly found a buyer who acquired the horse for an impressive €100,000. This remarkable turnaround resulted in a substantial profit of €75,000, marking an outstanding 300% return on the initial investment.
Similarly, another young horse was purchased through BRIDL for €20,000. Subsequently, our client successfully resold the horse for an astounding €95,000, showcasing the remarkable potential for profit generation through our platform. This extraordinary success story translated into a staggering profit of €75,000, marking an impressive 375% return on the initial investment.
These notable case studies underscore the significant potential for success in equine investment and equine transactions. However, it's essential to note that while these examples demonstrate the possibilities, we do not provide financial or investment advice. Instead, we aim to share references that highlight the opportunities available within the equestrian market, empowering our clients to make informed decisions and seize lucrative opportunities. With BRIDL, success in the equestrian market becomes not just a possibility but a tangible reality, driving remarkable returns and fostering unparalleled growth in the industry.
MY VISION FOR MY PERSONAL HORSE INVESTMENTS AND BRIDL
Looking ahead, my vision for the growth of BRIDL is deeply rooted in strategic expansion, particularly in the import business and the resale of horses within the American market. By focusing on these ventures, I aim to solidify BRIDL's position as a leader in the equine industry while simultaneously elevating my status as a high-level entrepreneur.
The import business presents a significant opportunity for growth, allowing us to source high-quality horses from around the world and introduce them to the American market. This not only expands our portfolio but also enhances the diversity and caliber of offerings available through BRIDL.
Additionally, our platform will serve as the perfect avenue for the resale of these imported horses, providing a seamless and transparent process for buyers and sellers alike. Through these ventures, BRIDL aligns perfectly with my overarching goals of achieving success and prominence within the industry, solidifying our reputation as a trailblazer in the world of equine commerce.
WHAT I CAN TELL YOU ABOUT CASHFLOW AS AN ENTREPRENEUR IN THE EQUINE INDUSTRY
Making money in the horse industry is often seen as an impossible task, but my journey with BRIDL has shown that profitability is not a myth—it's a possibility with the right approach.
Operating within the equine sector presents unique challenges, from sky-high bills to unpredictable expenses and fierce competition. Yet, so far in our journey, we’ve been pretty solid! We’ve had a few scary moments, but we’re growing and we’ve been profitable ever since we started.
Since the start of BRIDL, adhering strictly to a predetermined budget wasn't always our modus operandi. Instead, our focus was on achieving results while keeping costs at a minimum. As a startup, our primary objective was to deliver exceptional service and exceed the expectations of our clients. This commitment to excellence not only fostered strong relationships with our clientele but also cultivated a loyal community of supporters who believed in our vision. Through word-of-mouth referrals and the unwavering dedication of our team, we were able to generate steady cash flow and sustain the momentum of our business.
While our approach may not have aligned perfectly with conventional financial planning strategies, it was rooted in the fundamental principle of prioritizing quality and customer satisfaction above all else. In the dynamic landscape of entrepreneurship, adaptability and agility are essential virtues, especially for fledgling companies navigating the uncertainties of the market. By staying true to our core values and leveraging the power of our network, we forged a path forward that allowed us to establish a strong foundation for growth and success.
Looking back, I'm proud of the progress we've made and the resilience we've demonstrated in the face of challenges. Though our journey may have been unconventional at times, it's this very spirit of innovation and determination that has propelled us forward and distinguished us in the competitive landscape of equestrian entrepreneurship. As we continue to evolve and expand our horizons, we remain committed to delivering excellence in all that we do and charting a course toward a future filled with promise and possibility.As the CEO of BRIDL, I've come to appreciate the importance of bookkeeping as the financial backbone of our operation. While it may seem daunting at first, I've discovered that embracing bookkeeping is essential for understanding our financial health and making informed decisions about the future of our business. By investing time and resources into educating ourselves and leveraging accounting tools, we've streamlined our bookkeeping process and eliminated the fear that once held us back.
With dedication and perseverance, we can transform profitability from a distant dream into a tangible reality, ensuring that BRIDL continues to thrive and lead the way in equestrian entrepreneurship.
DON’T LISTEN TO YOUR MUM OR YOUR HATERS AND KEEP UP THE GRIND.
Since I started BRIDL, I understood the noise and skepticism that often surrounds equestrian entrepreneurship, and truly entrepreneurship in general. When I told my mum I was gonna start this company, she wanted be to be safe and get a real job. When I told my father about it, he told me that business like this already existed.
Finally — when I started investigating and telling horse-people about it and putting my ideas out there, everyone was telling me that transparency just couldn’t be a thing. It was impossible for the market to change, it was just not possible that a 22yrs (at the time) could challenge the market and have an impact.
You bet.. I didn’t listen and did it anyways!!
It's a landscape filled with challenges and uncertainties, where the cost of operating a business can seem daunting.
We've witnessed the discouragement and pessimism that permeate discussions about profitability within the industry. Yet, we firmly believe that profitability is not only achievable but essential for the sustainability and growth of equestrian businesses. Contrary to popular belief, pursuing profit does not make horses unreasonably expensive; rather, it allows us to protect our passion and invest in the future of the sport.
Profitability enables us to cover the rising costs of care for our equine partners and support the development of aspiring riders. It empowers equestrian entrepreneurs to operate their businesses with confidence and dignity, free from the stigma of financial instability.
Our mission is not just a dream; it's a tangible vision for a future where entrepreneurship flourishes, where the values evolved and where BRIDL becomes the market leader of Equine trade worldwide.
