Getting started in the business is easier than you think.  The Racing Game has developed five Steps to Ownership to assist and educate those who are thinking about joining this exciting game.

Before you take the first step to ownership you must determine the time and financial commitment you wish to make. Defining reasonable objectives and formulating a realistic assessment of what you can afford will help you set attainable goals as an owner.

Get Familiar with The Racing Game

Read

Begin by reading or visiting the web sites of industry and trade publications such as: The Thoroughbred Owners and Breeders Association, The Blood-Horse, and Keeneland. In addition, many farms and racetracks have informative web sites.

Observe

Attend the races. Attend the sales. Observe owners, trainers, consignors, buyers, veterinarians and other professionals in action.

Network

Contact the owners and breeders organization in your state. Inquire about services offered and membership benefits. Become involved with the organizations and make personal contact with local horsemen.

Communicate

Ask owners, trainers and other industry insiders if you may speak with them regarding how you might get involved in the business.

Consult

Locate an advisor or more experienced owner who is willing to serve as a mentor. Be discriminating, and in the case of professional advisors, check references. Remember, the objective here is to identify someone you can trust. Listen to the advice given, but don't feel obligated to follow it, as ultimately every decision you make should be your own.

Participate

Participate in industry-sponsored events and educational programs such as the Thoroughbred Owners and Breeders Association’s (TOBA) seminars and clinics.