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Triiple Crown Winner

The Loneliness of a Triple Crown Winner

Triiple Crown Winner

Click Play to hear the exciting final moments of the triple crown BIGG win on The BIGG Success Show Podcast

How exciting it was to see American Pharoah win the Triple Crown, ending a 36-year drought (the Triple Crown of horse racing consists of the Kentucky Derby, Preakness Stakes and Belmont Stakes). Jockey Victor Espinoza sealed his place in history.

The roar of the crowd.

The sweet taste of victory.

All of a sudden, you’re everyone’s best friend.

Everybody loves a winner.

But this jockey knows about the other side of the coin. This was his third attempt at the Triple Crown. He lost the previous two times.

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dumbass entrepreneurs win bigg

10 Reasons Dumbass Entrepreneurs Make More Money

dumbass entrepreneurs win bigg

Dumbass entrepreneurs George & Mary-Lynn talk about the dumbass entrepreneurs whose horse won the Kentucky Derby on The BIGG Success Show podcast! Click PLAY to listen.

*NOTE: When we wrote this post, California Chrome had just won the Kentucky Derby. He went on to win the Preakness. Now, on June 7th, he’s going for the Triple Crown at the Belmont Stakes. Something that hadn’t been accomplished since 1978!

Two dumbass entrepreneurs turned a $10,000 investment into a $2 million prize. They – Perry Martin and Steve Coburn – are the owners of California Chrome, the horse who won the Kentucky Derby.

Just so you know – these two embrace the dumbass label. In fact, the name of their business is Dumb-Ass Partners!

So in their honor, today we want to share 10 reasons why dumbass entrepreneurs make more money.

1) Dumbass entrepreneurs act

Really, really smart people think…and think…and think. They get mired in the complexity. They want all the answers before they act.

Dumbass entrepreneurs know they’ll never have all the answers. Don’t think we’re implying they don’t think. They do. They just know the sooner they act, the faster they’ll learn.

We put this point first because it underpins all the remaining reasons why dumbass entrepreneurs make more money.

2) Dumbass entrepreneurs ignore conventional wisdom

Conventional wisdom said: California-bred horses don’t win the Kentucky Derby. Don’t hire a trainer who has never won the most exciting two minutes in sports.

Dumbass entrepreneurs often ignore conventional wisdom. They form their own insights, so they’re able to read situations differently than the masses.

3) Dumbass entrepreneurs focus on the downside

The golden thoroughbred’s mother went up for sale. The price was $8,000. Someone quipped “only a dumbass would buy that horse.” (Now you know the source of their business name.)

Martin and Coburn bought Love The Chase. They bred her with Lucky Pulpit. The stud fee was $2,500 – less than any other Derby participant.

Yes, California Chrome is the offspring of unremarkable parents. His mother won only 1 of 6 races while his father was 3 out of 22.

However, the dumbass entrepreneurs didn’t stop with a glance. They dug deeper. They came to believe in the bloodlines. They found connections “into the heart of Kentucky to Claiborne Farm in Paris.”

So you see that this point is an extension of the last one. Dumbass entrepreneurs often gain fresh insights which make the risk acceptable.

In this case, they weren’t putting millions at risk – like a lot of their competitors do. They were only risking $10,000. Dumbass entrepreneurs only take risks they can afford.

4) Dumbass entrepreneurs care about more than making money

We know – this concept is as strange to some as waking up in a barrel…pickled! But these two dumbass entrepreneurs actually care about their horse!

They have a tradition – California Chrome gets Mrs. Pastures cookies the day before and the day after a race. They started feeding him this treat when he was really young.

This is just one example of the special attention they give their prize thoroughbred. Carolyn Coburn – Steve’s wife – said, “…to many people, a horse is a business, but we’ve grown attached to him. He’s part of our family.”

Dumbass entrepreneurs have a secret – they see people, not just customers or employees. So it’s easier for them to sympathize – and even empathize – with the most critical “assets” in their business.

And isn’t it ironic – when you don’t put money first, it often naturally follows.

5) Dumbass entrepreneurs do more with less

The horse racing business has often been called the sport of kings. Apparently, even dumbass entrepreneurs can afford to be kings now.

At least these two can. But they do things differently. While horse owners traditionally spend millions on their horses each year, Martin and Coburn say they spent about $10,000.

We live in a time when money is less important than it used to be – at least for most businesses. Technology is making it possible to do more with less.

Dumbass entrepreneurs find ways to do more with less. They don’t accept the status quo. They don’t do things like everyone else. They look for new ways at the expense of the old ways. It gives them a leg up on their competition.

6) Dumbass entrepreneurs find people who share values

From the beginning, Martin and Coburn committed to placing their golden horse in the right hands. They looked for people who would care for their horse as much as they did.

They hooked up with horse trainer Art Sherman – an unknown outside of California horse racing circles. He had never won a Kentucky Derby. He hadn’t even been there for over half-a-century.

It didn’t matter to these two dumbass entrepreneurs. He had a reputation for being patient with young horses, giving them individual attention, and learning what he had to so they performed their best.

We’ve witnessed the outcome of this decision – a Kentucky Derby win.

Dumbass entrepreneurs look for partners who share their vision and values. These two forces are behind every great group who accomplish anything BIGG.

7) Dumbass entrepreneurs value money, but don’t love it

In spite of the reputation of their industry, these two dumbass entrepreneurs are not jet-setters. In fact, Coburn still drives a 1988 pickup with over 500,000 miles on it.

A reporter once suggested that a $20 million price tag for Martin’s and Coburn’s four-legged friend. Coburn replied, “For 20 percent, that’s just right. Then I would buy me a new pickup.”

Dumbass entrepreneurs know that the LOVE of money is the root of all evil. But money should be valued – not for what it is, but for what it can do when used wisely.

8) Dumbass entrepreneurs use horse sense…abundantly

Both Martin and Coburn still have day jobs. Martin owns a laboratory which tests products like airbags and medical equipment. Coburn runs a company which makes magnetic strips for credit cards, driver’s licenses and hotel keys. He wakes up every day at 4:30 to run the press.

Sure, they could put it all on a horse. But dumbass entrepreneurs have an abundance of horse sense. Multiple streams of income not only reduce your risk, they also give you more options with each thing you do. For example…

9) Dumbass entrepreneurs don’t worry about the exit

Following a win in the San Felipe Stakes – California Chrome’s third in a row – Martin and Coburn were offered $6 million for the horse. Two hours later, they received a second $6 million offer – for 51% of the horse!

A sale would have required them to change trainers. They didn’t say “No.” They said “Hell no.”

Exits often come with strings attached. Dumbass entrepreneurs refuse to be anyone’s puppet.

They focus on building a great brand. It’s funny – this makes the business even more attractive.

10) Dumbass entrepreneurs believe in the dream

Martin and Coburn were BIGG dreamers right out-of-the-gate. Before California Chrome ran his first race, they sent Sherman a plan entitled “Road to the Derby.”

Here’s Coburn’s advice for other dumbass entrepreneurs with a dream: “If you’re willing to ride the dream out, they will come true for you. We’re living proof of it.”

As it turns out, these two dumbass entrepreneurs are pretty smart. Do you agree?

Direct link to The Bigg Success Show audio file | podcast:
http://traffic.libsyn.com/biggsuccess/00896-050714.mp3

Image in this post from @ShermanRacing via Twitter

Kentucky Derby Blog Post Image

You Can Always Bet on the Winner of This Race!

Kentucky Derby Blog Post Image

The Kentucky Derby is known as “the run for the roses”.

On The BIGG Success Show today, we had the first ever BIGG Derby – the run for BIGG success! It’s impossible to recreate it in written form so we highly recommend you listen in to the exciting race coverage.

Listen to Charlie Horse call the BIGG race! 

Thanks for joining us at the first ever BIGG Success Derby. It was an exciting race with BIGG bucks for the winner. The field consisted of five thoroughbreds:

  • Stumbling Block
    He’s been a strong contender every time out this season. You can never count this horse out; he’s always in the running.
  • Uninformed Optimism
    This horse is a relative newcomer to the racing scene. We’ve heard some great things about him. He’s fresh and ready to go! Hopes are high for a great run.
  • Consistent Delivery
    He’s not a flashy horse, but he has an amazing track record. He’s demonstrated time and again that he will finish strong.
  • Fear of Failure
    He’s a real threat who often comes out of nowhere to defeat his opponents.
  • Persistence
    This horse is undefeated in competition. But the talk is that he will be severely tested today with this field.

What a day! We hope you enjoyed our broadcast of the first ever BIGG Derby. Until next time, here’s to your BIGG success!

Direct link to The Bigg Success Show audio file | podcast:
http://media.libsyn.com/media/biggsuccess/00125-050208.mp3

Image credit: WikiMedia Commons

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Success Breeds Bigg Success

By Bigg Success Staff
04-30-08

Wynn Bigg Today

mother_foal 

The value of a horse that wins the Kentucky Derby rises immediately and immensely. That’s because they’ll be in great demand for breeding. Being the direct descendant of a Derby winner is presumed to be a leg up in winning the bigg race.

Success breeds success.

But there’s a more important way to think about this old saying. Think about how success is achieved in the first place – one success after another, one at a time.

In other words, we become a success by breaking down the bigg success we desire into a series of little successes.

As we achieve these little successes, we gain confidence and momentum to reach the next level of success. So we keep pushing on. Before you know it, we’ve succeeded bigg! That’s why we say …

Success breeds bigg success!

So how do you start your string of successes leading to bigg success?

Determine what bigg success means to you

Create a clear picture in your mind of the life you want. That’s your bigg success! Use all your senses to visualize it as if it has already happened. Write it down and read it twice a day until it becomes etched in your mind’s eye.

Set achievable interim goals
You want your goals to be clearly defined. Many people have “fuzzy” goals. You want measurable goals with a deadline. These goals should stretch you, but not too far. As you reach each goal, you’ll gain confidence and skills to reach the next one. That’s success breeding bigg success!

Get the Goal-Getters Workbook, a step-by-step guide to setting clear goals.
It’s FREE when you sign up for The Bigg Success Weekly!

Be a goal-getter
It doesn’t do you any good to come up with goals, or even to write them down, unless you go and get them. You’re a goal-getter, not a goal-setter! Before you know it, you’ll be a bigg success!

Hear today's lesson and laugh on The Bigg Success Show. 

Subscribe to the Bigg Success feed.

Related posts 

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Understand Your Patterns to Make Your Time Off More Valuable

Training for Bigg Success

The Dogs of the Dow

Get Your Poles in Position to Achieve Your Dream

It Takes Time to Prepare for the Most Exciting Two Minutes in Sports

Defining Success at the Highest Level

Which One of These 5 Words Describes Your Personal Niche?

Answer These 3 Questions to Get Money for Your Business

(Image by Banamine,CC 2.0)

Defining Success at the Highest Level

By Bigg Success Staff
04-30-08

Life Skills

rose 

Sheik Mohammed bin Rashid al-Maktoum has created entire islands. He is building the world’s tallest skyscraper.

His horses have won many of the biggest races around the globe, but victory in the biggest race of them all has eluded him.

He hasn’t won the Kentucky Derby.

His “run for the roses” highlights an important principle – we can invest a great deal of time and money to pursue a goal, but still far short.

It’s a major accomplishment just to get a horse qualified to run in the Kentucky Derby. In the most competitive endeavors in a hyper-competitive world, it takes a certain amount of luck to win the bigg prize.

That’s why it pays to define success properly. If you’ve done everything you can possibly do to become everything you can possibly be, you’ve succeeded!

All you can do IS all you can do, but all you can do is what you must do.

If you can honestly say to yourself that you’ve given your “all”, you’re a winner!

Hear today's lesson and laugh on The Bigg Success Show. 

Subscribe to the Bigg Success feed.

Related posts

You Can Always Bet on the Winner of This Race!

Understand Your Patterns to Make Your Time Off More Valuable

Training for Bigg Success

The Dogs of the Dow

Get Your Poles in Position to Achieve Your Dream

It Takes Time to Prepare for the Most Exciting Two Minutes in Sports

Which One of These 5 Words Describes Your Personal Niche?

Answer These 3 Questions to Get Money for Your Business

Success Breeds Bigg Success

(Image by hapekla)

It Takes Time to Prepare for the Most Exciting Two Minutes in Sports

By Bigg Success Staff
04-30-08

Peak Performance

derby_race 

The Kentucky Derby is known as “the most exciting two minutes in all of sports”. The thing that we often forget is that those two minutes in the spotlight are the result of countless hours of planning and work.

It started with the breeder who put together the right pair of horses. This match was made with careful reflection of the characteristics of each of the horses.

The trainer made sure the horse would be in peak condition on the day of the race. The horse has had the right combination of conditioning, nutrition, and rest.

The jockey also has to be in top form. He or she has refined the skills of the trade and is in great condition, mentally and physically, for the bigg race.

The owner guided the team. It takes time and money to put the right people with the right horse.

So it takes hour after hour of preparation to be ready for the two minutes we see.

Isn’t that true of any great accomplishment? If you want to perform at peak levels in any bigg race, you have to spend untold amounts of time preparing outside the spotlight.

Related posts

You Can Always Bet on the Winner of This Race!

Understand Your Patterns to Make Your Time Off More Valuable

Training for Bigg Success

The Dogs of the Dow

Get Your Poles in Position to Achieve Your Dream

Defining Success at the Highest Level

Which One of These 5 Words Describes Your Personal Niche?

Answer These 3 Questions to Get Money for Your Business

Success Breeds Bigg Success 

(Image by Velo Steve, CC 2.0)

Training for Bigg Success

By Bigg Success Staff
04-27-08

Success stories 

Todd Pletcher is a dominant force in the horse racing world. He’s been selected as the outstanding Trainer of the Year for each the last four years.

He also holds the single season earnings record, set in 2006 with purse earnings totaling nearly $28 million. That same year, he broke a record set nineteen years earlier by the legendary D. Wayne Lukas – most stakes wins in a year.

Starting young
Todd found his passion early in life. You might say that training horses was in his blood. He began at the age of 7, working for his father. He continued working part-time all the way through college, spending summers training horses.

During that time, he worked for several legendary trainers, including the man whose record he broke in 2006, D. Wayne Lukas.

He went to work full time for Lukas after graduating from college in 1989. Six years later, he broke out on his own, winning his first race early in 1996.

Winning the bigg one
Today, at 40, Todd’s stable is considered the hottest in the industry. In great demand by horse owners, he dominates nearly every single race in which he competes.

Except for three. You see, for all his success, he has yet to win a single Triple Crown event. Nada. Nothing. A bigg goose egg. Zero.

No Kentucky Derby wins. No Preakness victories. No takes at the Belmont Stakes.

In fact, he also holds the record for the most Triple Crown losses without a victory.

Some people think he can’t be considered the greatest trainer in history if he can’t win the bigg one. After all, the masses may not know much about horse racing, but they do know about the Kentucky Derby.

Todd takes it all in stride. Sure, he’ll be happy when he gets a win under his belt and squelches the critics. But until then, he’ll just keep doing his job. He knows he can’t fully control the ultimate outcome of the race, but he can give it his best shot each and every time out.

So here’s our bet … Todd Pletcher will win the bigg one and those roses will smell better than he ever imagined!

Hear today’s lesson and laugh on The Bigg Success Show. 

Subscribe to the Bigg Success feed.

Sources

Todd Pletcher Racing Stables web site  

Todd Pletcher page, Wikipedia

Related posts

You Can Always Bet on the Winner of This Race!

Understand Your Patterns to Make Your Time Off More Valuable

The Dogs of the Dow

Get Your Poles in Position to Achieve Your Dream

It Takes Time to Prepare for the Most Exciting Two Minutes in Sports

Defining Success at the Highest Level

Which One of These 5 Words Describes Your Personal Niche?

Answer These 3 Questions to Get Money for Your Business

Success Breeds Bigg Success