Terry Finley
Hobby: Horse racing aficionado
Business: West Point Thoroughbreds
2011 Revenue: $6.5 million
When Terry Finley bought his first horse, Sunbelt, for $5,000 in 1991, he felt stuck in his job selling life insurance. Finley had been betting on horses for years, but had never made an investment like this. After Sunbelt won his first race that year, Finley started running small ads in racing papers and attracted an investor who paid $5,000 for partial ownership of Sunbelt. Within two months, he bought his second horse, Cal’s Zen Jr., and continued buying more horses on credit cards.
Soon after, he quit his job and founded West Point Thoroughbreds, a Saratoga Springs, N.Y.-based race horse syndication management company. From the outset, Finley talked with clients who ran their own companies and asked for suggestions about growing a business.
Read more:
http://www.entrepreneur.com/article/224357...
Posted By: Loren Gandler
Thursday, May 2nd 2013 at 8:19PM
You can also
click
here to view all posts by this author...
