Who is an owner? What's your story?

[Storm Cadet]

With West Point, I found them very professional and up front with their business plan and practices. They were open to new clients and spent a lot of time explaining the expenses and mark ups etc. They didn't with hold any race track info, in fact encourages going on the backstretch and meet with trainers and staff. You got along with winning photos, a cd or video of each win. With WPTB...what you see is what you get. The are like a Full service Wall Street financial company with PR, sales, customer relations people all assembled to help you. They have Buzz Chance as their yearling go to guy! Yes they are expensive...but they advertise themselves as the top outfit.

Now with the other outfits, they bill themselves as the Charles Swab (low cost-minimal expenses) partnership. They bill themselves as no owner expenses except minimal. They portray themselves that way on their web site as well as in person. But what you don't see is what kills ya. I'd rather be told UP FRONT PRIOR to joining a partnership than to be in one and then find out all their hidden little secrets of how they make their management profit. We won't go into all their ways here. PM me if you'd like a lesson in what questions to ask and in how to spot the wolves in sheeps clothing so you don't get fleeced like many others.

Remember a rule, these people start their own for profit horse stables to make money-YOUR MONEY. Win or lose...they make MONEY-YOUR MONEY! Their business models are set up so THEY are protected and the only losses are the investors.

If anyone is seriously thinking about joining a partnership do two things: Read Cot Cambells book "Lightening in a Jar". It is the best out there and is the gold standard IMO on things to know Prior to joining any outfit. Two, get EVERYTHING in writing and ask questions.

Look to join the next opening of DT's next offering! Their business plan is the best for new owners looking to get into the best game there is and meet great people and have some fun...win or lose!