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Brittany Pozzi on Blue Collar Millionaires Show
Calangelo
Reg. Nov 2003
Posted 2015-07-15 9:01 PM
Subject: Brittany Pozzi on Blue Collar Millionaires Show


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This a new series and is on right now on CNBC. They haven't started her segment yet.
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fastwrapn3
Reg. Sep 2004
Posted 2015-07-15 9:07 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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sodapop
Reg. Feb 2005
Posted 2015-07-15 9:17 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show


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 Thanks for letting us know. I turned it on just in time to see it. Interesting!
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TyE
Reg. Sep 2003
Posted 2015-07-16 9:51 AM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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So, is she a blue collar millionaire or what is her role in the show ?  I don't get that channel, but I did watch the trailer?   How does a barel racer become a millionare at such a young age with all the expense? A 300k house with another few 100k in barns etc.....  is that what she said on the trailer?   I guess I am Living under a rock. 

http://www.cnbcprime.com/blue-collar-millionaires/video/blue-collar-millionaires-shoes-fit-for-a-rodeo-cowgirl/

Edited by TyE 2015-07-16 10:09 AM
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jbhoot
Reg. Jan 2010
Posted 2015-07-16 10:20 AM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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TyE - 2015-07-16 9:51 AM

So, is she a blue collar millionaire or what is her role in the show ?  I don't get that channel, but I did watch the trailer?   How does a barel racer become a millionare at such a young age with all the expense? A 300k house with another few 100k in barns etc.....  is that what she said on the trailer?   I guess I am Living under a rock. 

http://www.cnbcprime.com/blue-collar-millionaires/video/blue-collar-millionaires-shoes-fit-for-a-rodeo-cowgirl/

She sells a lot of high end horses and has a lot of endorsements plus she has won over 2 mil in rodeo.
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Katie's
Reg. Dec 2004
Posted 2015-07-16 10:32 AM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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Was her segment already on yesterday or was that just a preview of what's coming during the series.  The show looks really interesting! 
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RunninOnARooster
Reg. Nov 2006
Posted 2015-07-16 10:37 AM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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I really enjoy the fact that she doesn't come from a rodeo family per say. And that she has made a name for herself from really working at it on her own.
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Marfan
Reg. Nov 2006
Posted 2015-07-16 11:25 AM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show


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RunninOnARooster - 2015-07-16 10:37 AM I really enjoy the fact that she doesn't come from a rodeo family per say. And that she has made a name for herself from really working at it on her own.
Her Dad and Uncle used rodeo.  Wild childs!  

Edited by Marfan 2015-07-16 11:27 AM
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Swannranch
Reg. Sep 2005
Posted 2015-07-16 11:38 AM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show


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I never knew, and like the idea of her earning and making a name for herself. However I "heard", no real facts, that she came from a very wealthy family. Which is fine, please don't take that as a criticism. If I were wealthy my adult kids would have everything I could give them!!! Just wondered if she did have a step up or if her family was also a blue collar family? Anyone know?
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Lovin Life
Reg. Apr 2004
Posted 2015-07-16 11:38 AM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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My guide said it's on tonight.
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sodapop
Reg. Feb 2005
Posted 2015-07-16 11:53 AM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show


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Katie's - 2015-07-16 10:32 AMWas her segment already on yesterday or was that just a preview of what's coming during the series.  The show looks really interesting! 
 Her segment was on last night. I don't know if it will repeat. I did appreciate the straight up money talk. It kind of took me back for a moment because we have all been so conditioned to not speak of price in anything really. Hearing her talk numbers was interesting and enlightening. It sounds like she has been smart with the money she has earned by putting it back into her program through horses, equipment, and facilities. I was surprised that it afforded an additional home in Colorado. That is if she in fact owns the facility in Texas. She sounds pretty business savy! I would spend my money building a facility near a beautiful beach and spend time on the beach instead of building the business. LOL

Edited by sodapop 2015-07-16 11:59 AM
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sodapop
Reg. Feb 2005
Posted 2015-07-16 12:00 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show


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Nevertooold - 2015-07-16 11:55 AM

Swannranch - 2015-07-16 11:38 AM I never knew, and like the idea of her earning and making a name for herself. However I "heard", no real facts, that she came from a very wealthy family. Which is fine, please don't take that as a criticism. If I were wealthy my adult kids would have everything I could give them!!! Just wondered if she did have a step up or if her family was also a blue collar family? Anyone know?

Her family is wealthy. 

 How did they get their wealth? What type of work or business? Old money? New money? Do they give free money to Okies? Lol
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Calangelo
Reg. Nov 2003
Posted 2015-07-16 12:14 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show


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For those that haven't heard of the show, last night was its debut. It's about people who have made themselves millionaires in blue collar industries. Brittany was one of a few segments on different people. I thought it was really interesting. She talked about her philosophy of breeding only her own blue hen mares and that she doesn't sell embryos from them.  She's obviously a good businesswomen.

Edited by Calangelo 2015-07-16 12:15 PM
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Lovin Life
Reg. Apr 2004
Posted 2015-07-16 12:17 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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Calangelo - 2015-07-16 12:14 PM

For those that haven't heard of the show, last night was its debut. It's about people who have made themselves millionaires in blue collar industries. Brittany was one of a few segments on different people. I thought it was really interesting. She talked about her philosophy of breeding only her own blue hen mares and that she doesn't sell embryos from them.  She's obviously a good businesswomen.

And I've seen her unload 8-10 at several different jackpots to get her young ones going, so I'm betting she's a hard worker also.
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sodapop
Reg. Feb 2005
Posted 2015-07-16 12:55 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show


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Calangelo - 2015-07-16 12:14 PM For those that haven't heard of the show, last night was its debut. It's about people who have made themselves millionaires in blue collar industries. Brittany was one of a few segments on different people. I thought it was really interesting. She talked about her philosophy of breeding only her own blue hen mares and that she doesn't sell embryos from them.  She's obviously a good businesswomen.

I would have loved to see more about her breeding program and just horse program in general.  It is working for her. She is making a slew of nice horses.  
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sodapop
Reg. Feb 2005
Posted 2015-07-16 12:56 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show


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Lovin Life - 2015-07-16 12:17 PM
Calangelo - 2015-07-16 12:14 PM For those that haven't heard of the show, last night was its debut. It's about people who have made themselves millionaires in blue collar industries. Brittany was one of a few segments on different people. I thought it was really interesting. She talked about her philosophy of breeding only her own blue hen mares and that she doesn't sell embryos from them.  She's obviously a good businesswomen.
And I've seen her unload 8-10 at several different jackpots to get her young ones going, so I'm betting she's a hard worker also.

Yes I don't think anyone can run 8-10 horses in one day and be lazy. 
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Tatum2
Reg. Dec 2014
Posted 2015-07-16 1:11 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show


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jbhoot - 2015-07-16 10:20 AM

TyE - 2015-07-16 9:51 AM

So, is she a blue collar millionaire or what is her role in the show ?  I don't get that channel, but I did watch the trailer?   How does a barel racer become a millionare at such a young age with all the expense? A 300k house with another few 100k in barns etc.....  is that what she said on the trailer?   I guess I am Living under a rock. 

http://www.cnbcprime.com/blue-collar-millionaires/video/blue-collar-millionaires-shoes-fit-for-a-rodeo-cowgirl/

She sells a lot of high end horses and has a lot of endorsements plus she has won over 2 mil in rodeo.

I haven't watch the show but.. How much did she spend to get to that 2 million over the years? We see all these girls making a lot of money a few years but do we know how much they spent to get to that point? I'm sure they don't want to know either!
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heidiinaz
Reg. Dec 2007
Posted 2015-07-16 1:31 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show


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I think it's refreshing that she was frank about the money aspect. I don't know why it is such taboo. And who cares if she comes from a wealthy family. good for her for having a lot of success. 
 
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Nevertooold
Reg. Oct 2003
Posted 2015-07-16 1:40 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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She is a very hard worker and when she comes to a barrel race she is riding her horses and takes care of them afterwards before she does anything for her self. Seldom do you see her just standing around visiting. She doesn't have time..LOL 
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BS Hauler
Reg. Jan 2012
Posted 2015-07-16 1:41 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show


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Is this show on Direct TV.  I have the utmost respect for anybody that comes from money that also has been taught to use training from their parents and make more wealth with it as long as they do it with their own hard work.
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sodapop
Reg. Feb 2005
Posted 2015-07-16 2:57 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show


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Nevertooold - 2015-07-16 1:40 PM

She is a very hard worker and when she comes to a barrel race she is riding her horses and takes care of them afterwards before she does anything for her self. Seldom do you see her just standing around visiting. She doesn't have time..LOL 

 So I'm guessing she isn't at the cook shack loading up on rodeo burgers, chips, pop, ice cream, and candy either? Not that I would do that, but I know people who do. Haha
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jbhoot
Reg. Jan 2010
Posted 2015-07-16 3:02 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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Tatum2 - 2015-07-16 1:11 PM

jbhoot - 2015-07-16 10:20 AM

TyE - 2015-07-16 9:51 AM

So, is she a blue collar millionaire or what is her role in the show ?  I don't get that channel, but I did watch the trailer?   How does a barel racer become a millionare at such a young age with all the expense? A 300k house with another few 100k in barns etc.....  is that what she said on the trailer?   I guess I am Living under a rock. 

http://www.cnbcprime.com/blue-collar-millionaires/video/blue-collar-millionaires-shoes-fit-for-a-rodeo-cowgirl/

She sells a lot of high end horses and has a lot of endorsements plus she has won over 2 mil in rodeo.

I haven't watch the show but.. How much did she spend to get to that 2 million over the years? We see all these girls making a lot of money a few years but do we know how much they spent to get to that point? I'm sure they don't want to know either!

I do not understand what you are getting at. She has made her money from raising and training and selling her horses. That and her endorsements. Her horses sell for 100,000 to 300,000 and she sells a bunch of them. She has race horses , futurity horses and rodeo horses and a darn nice set of brood mares. I have no idea what she gets for endorsements but I'm sure it's sizeable since she has her name on a lot of products. Add it up.
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Tatum2
Reg. Dec 2014
Posted 2015-07-16 3:46 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show


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I know what her horses sell for. It says 2 million in rodeo.. I'm saying who knows what she actually "made" just on the rodeo portion with all the expenses that these girls have to pay to get to the top of the world and haul all over U.S. and Canada. I'm am not saying she hasn't made a million in her lifetime when dealing with horses, I'm saying that it didn't come from the rodeo earnings, it came from selling horses and being a businesswoman. 
 
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MObrlrcr
Reg. May 2009
Posted 2015-07-16 3:59 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show


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Is there anywhere to watch this show online? I actually never even heard of it but would love to watch it. Didn't know if it would be available online somewhere to watch later!! Thanks.
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Tatum2
Reg. Dec 2014
Posted 2015-07-16 4:01 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show


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MObrlrcr - 2015-07-16 3:59 PM

Is there anywhere to watch this show online? I actually never even heard of it but would love to watch it. Didn't know if it would be available online somewhere to watch later!! Thanks.

I would like to know this too! Sounds very interesting to watch
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Calangelo
Reg. Nov 2003
Posted 2015-07-16 4:11 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show


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Tatum2 - 2015-07-16 4:01 PM

MObrlrcr - 2015-07-16 3:59 PM

Is there anywhere to watch this show online? I actually never even heard of it but would love to watch it. Didn't know if it would be available online somewhere to watch later!! Thanks.

I would like to know this too! Sounds very interesting to watch

CNBC does a lot of repeats so I would bet it will be on again.
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GLP
Reg. Oct 2013
Posted 2015-07-16 4:38 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show


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Tatum2 - 2015-07-16 3:46 PM

I know what her horses sell for. It says 2 million in rodeo.. I'm saying who knows what she actually "made" just on the rodeo portion with all the expenses that these girls have to pay to get to the top of the world and haul all over U.S. and Canada. I'm am not saying she hasn't made a million in her lifetime when dealing with horses, I'm saying that it didn't come from the rodeo earnings, it came from selling horses and being a businesswoman. 
 

According to the WPRA, her rodeo earnings through 2014 were $1,843,797.00
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Tatum2
Reg. Dec 2014
Posted 2015-07-16 4:55 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show


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GLP - 2015-07-16 4:38 PM

Tatum2 - 2015-07-16 3:46 PM

I know what her horses sell for. It says 2 million in rodeo.. I'm saying who knows what she actually "made" just on the rodeo portion with all the expenses that these girls have to pay to get to the top of the world and haul all over U.S. and Canada. I'm am not saying she hasn't made a million in her lifetime when dealing with horses, I'm saying that it didn't come from the rodeo earnings, it came from selling horses and being a businesswoman. 
 

According to the WPRA, her rodeo earnings through 2014 were $1,843,797.00

Yes but what I'm saying is it is tough financially (mentally and physically) for these girls to get up and down the road to get to that (Gas, equipment, truck/trailer, vet bills, repair bills, entries, gas and various other expenses) Those things add up
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livinonlove&horses
Reg. Jun 2008
Posted 2015-07-16 6:26 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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Hmmm this sounds interesting. I will have to look it up. To having earned a million in winnings doesn't make you a millionaire. Heck by my standards having equity over a million doesn't make you one. Equity is play money that fluctuates. When you got a cool million in the bank clear and free then you are a millionaire. I don't consider earning 2 million, unless she hasn't spent it, and having a 300k house and some 100k barns a millionaire
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grinandbareit
Reg. Jan 2007
Posted 2015-07-16 6:35 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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Assets are what suggest your monetary worth... And I'm quite sure she has a million in assets.
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cheryl makofka
Reg. Jan 2011
Posted 2015-07-16 6:53 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show


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Never watched the show

But I don't see the point of arguing whether or not she is a millionaire, and whether or not she came from money.

I think it is great she was chosen, as this will help promote the sport of barrel racing, and hopefully begin changing the perspective people have of barrel racers.

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Canadian_CanChaser
Reg. Jan 2007
Posted 2015-07-16 7:22 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show


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What's the old saying, "To make money, you gotta spend money." She wouldn't be in the position she's in if she didn't drop some cash here and there to make a brand and name for herself.

I think it's great for our industry to have somone showcased like this...and I haven't even seen the show. It airs tonight here in Canada.
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TyE
Reg. Sep 2003
Posted 2015-07-16 7:24 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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The title to the show is BLUE COLLAR MILLIONAIRE for one reason.  I also think it is being brought up because when I think of a blue collar millionaire I think of a person that went from working a blue collar job (no money) to a millionaire and that is not the case with BP, as people have said that she came from a wealthy family.  Now maybe her family is a blue collar millionaire?  I have no idea.  I appreciate hard work whether you have money or not, but I also think coming from nothing to something is a greater acheivement.    Why do barrel racers get so uptight when you talk about a person's family that is wealthy and they send their family member down the road?  I bet the majority of the top 20 started out with family money in some form or fashion.  Whether it was a first horse being bought or first truck and trailer or entry fees or gas or the million other expenses that occur when one's "job" is "rodeo."  And that is jmho.   

Edited by TyE 2015-07-16 7:26 PM
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livinonlove&horses
Reg. Jun 2008
Posted 2015-07-16 7:28 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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grinandbareit - 2015-07-16 6:35 PM


Assets are what suggest your monetary worth... And I'm quite sure she has a million in assets.

Assets are only worth what you actually sell them for. Assets do not equal cash
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Itsme
Reg. Jul 2013
Posted 2015-07-16 7:40 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show


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livinonlove&horses - 2015-07-16 7:28 PM

grinandbareit - 2015-07-16 6:35 PM


Assets are what suggest your monetary worth... And I'm quite sure she has a million in assets.

Assets are only worth what you actually sell them for. Assets do not equal cash

People dont get millions by keeping money in their savings account.
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Calangelo
Reg. Nov 2003
Posted 2015-07-16 10:31 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show


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cheryl makofka - 2015-07-16 6:53 PM

Never watched the show

But I don't see the point of arguing whether or not she is a millionaire, and whether or not she came from money.

I think it is great she was chosen, as this will help promote the sport of barrel racing, and hopefully begin changing the perspective people have of barrel racers.


Exactly, and why I posted that the show was on to begin with.
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grinandbareit
Reg. Jan 2007
Posted 2015-07-17 12:27 AM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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livinonlove&horses - 2015-07-16 7:28 PM

grinandbareit - 2015-07-16 6:35 PM


Assets are what suggest your monetary worth... And I'm quite sure she has a million in assets.

Assets are only worth what you actually sell them for. Assets do not equal cash



Hmmmm... In that you are mistaken...

If you are going to the bank to borrow money what do you have to have? Collateral... that would be in the form of an asset. I'll give you the money, let's first find out what you are worth. They then put a value on your assets and give you the cash. That's the way the system works.

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snazzy
Reg. Sep 2003
Posted 2015-07-17 6:46 AM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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 I have known her very well since her early youth rodeos days and have gone  down the road with her on some road trips when she was teaching a clinic and when we went to race horse sales together. She bought land and built a nice facility next to he dads in Victoria plus a place on CO recently.  She works very hard at what she does and has learned the complete business from the ground up.  She not only rides and has ridden nice horses that were bought, but she has raised and made many top ones that she runs as well as the nice ones she has sold.  She is smart about what she does as she has learned through years and worked at it herself!  She is the one sweating her butt off in south Texas heat working and hauling young horses and making them winners.   She is very devoted and committed to what she does at all levels.  She has a breeding program she has developed and believes in but has an eye for buying a young horse and making it a winner too.  Her family has worked for their money and have a nice place that is not some lavish mansion etc.  but that of a true working class family who has built and developed it through the years.  She has come a long way from the youth rodeo scene and she has worked her butt off and learned her trade plus successfully dabbled in the race horse business as well. She has great work ethic and has earned and learned her way to the top in this industry.  She can win at the $100k futurity slot level on a home grown self made colt and then take your money on the pro rodeo trail all the while her race colts she picked out are cashing checks on the track.  There are not many people who can bring it on so many levels.

Edited by snazzy 2015-07-17 11:26 AM
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Delta Cowgirl
Reg. Apr 2005
Posted 2015-07-17 7:16 AM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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grinandbareit - 2015-07-17 12:27 AM

livinonlove&horses - 2015-07-16 7:28 PM

grinandbareit - 2015-07-16 6:35 PM


Assets are what suggest your monetary worth... And I'm quite sure she has a million in assets.

Assets are only worth what you actually sell them for. Assets do not equal cash



Hmmmm... In that you are mistaken...

If you are going to the bank to borrow money what do you have to have? Collateral... that would be in the form of an asset. I'll give you the money, let's first find out what you are worth. They then put a value on your assets and give you the cash. That's the way the system works.


Yep. Assets are the name of the game in building net worth. Owning the right assets is smart, smart, smart business. Assets can be leveraged for cash flow... her assets are providing cash flow.... She has had a very good business education / guidance no doubt.

And by the way -- why are people giving her a hard time for all she has worked to earn? I do not see anyone questioning all Trevor Brazile has and he is a millionaire, too. Hmmmmm.
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snazzy
Reg. Sep 2003
Posted 2015-07-17 7:23 AM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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 Love her or hate her but you can not deny her respect for what she has accomplished and accomplished in a short and young lifetime.....jmo
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GLP
Reg. Oct 2013
Posted 2015-07-17 7:35 AM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show


I just read the headlines


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snazzy - 2015-07-17 6:46 AM

 I have known her very well since her early youth rodeos days and have gone  down the road with her on some road trips when she was teaching a clinic and when we went to race horse sales together. She bought land and built a nice facility next to he dads in Victoria plus a place on CO recently.  She works very hard at what she does and has learned the complete business from the ground up.  She not only rides and has ridden nice horses that were bought, but she has raised and made many top ones that she runs as well as ones nice ones she has sold.  She is smart about what she does as she has learned through years and worked at it herself!  She is the one sweating her butt off in south Texas heat working and hauling young horses and making them winners.   She is very devoted and committed to what she does at all levels.  She has a breeding program she has developed and believes in but has an eye for buying a young horse and making it a winner too.  Her family has worked for their money and have a nice place that is not some lavish mansion etc.  but that of a true working class family who has built and developed it through the years.  She has come a long way from the youth rodeo scene and she has worked her butt off and learned her trade plus successfully dabbled in the race horse business as well. She has great work ethic and has earned and learned her way to the top in this industry.  She can win at the $100k futurity slot level on a home grown self made colt and then take your money on the pro rodeo trail all the while her race colts she picked out are cashing checks on the track.  There are not many people who can bring it on so many levels.

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TurnLane
Reg. May 2007
Posted 2015-07-17 9:51 AM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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snazzy - 2015-07-17 6:46 AM  I have known her very well since her early youth rodeos days and have gone  down the road with her on some road trips when she was teaching a clinic and when we went to race horse sales together. She bought land and built a nice facility next to he dads in Victoria plus a place on CO recently.  She works very hard at what she does and has learned the complete business from the ground up.  She not only rides and has ridden nice horses that were bought, but she has raised and made many top ones that she runs as well as ones nice ones she has sold.  She is smart about what she does as she has learned through years and worked at it herself!  She is the one sweating her butt off in south Texas heat working and hauling young horses and making them winners.   She is very devoted and committed to what she does at all levels.  She has a breeding program she has developed and believes in but has an eye for buying a young horse and making it a winner too.  Her family has worked for their money and have a nice place that is not some lavish mansion etc.  but that of a true working class family who has built and developed it through the years.  She has come a long way from the youth rodeo scene and she has worked her butt off and learned her trade plus successfully dabbled in the race horse business as well. She has great work ethic and has earned and learned her way to the top in this industry.  She can win at the $100k futurity slot level on a home grown self made colt and then take your money on the pro rodeo trail all the while her race colts she picked out are cashing checks on the track.  There are not many people who can bring it on so many levels.

 Wow, do I agree, what she has accomplished is nothing short of amazing and you can not do ALL that without hard work. But is it easier to do when you have familiy money to fall back on? I would think so. If you do not have to worry about fuel, house payment, truck payment, stud fees, vet bills- I think it wouldnt be too hard to "make a living" knowing you cant truly fail? But other rich kids have failed miserably. I think the easiest part is riding. Although I also think that is the hardest part- the riding. You can not accomplish what she has without time in the saddle. Unlike a lot of the futurity people, she has done it at the NFR too and others have won on her horses. She is likely the best of the best in our industry today.
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snazzy
Reg. Sep 2003
Posted 2015-07-17 10:08 AM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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 Not a rich kid.  Working class family whose dad has done well WORKING lots of tough hours in the oil field industry
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Lovin Life
Reg. Apr 2004
Posted 2015-07-17 10:24 AM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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Honestly, even IF her family were loaded.... who's to say that she didn't have to make for herself anyway? I mean I know people that are wealthy, but still taught their children the value of a dollar and hard work. They may have given them a start, but after that they were on their own to be successful. So I really don't think it's fair to judge someone based on their families wealth.
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TyE
Reg. Sep 2003
Posted 2015-07-17 11:36 AM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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I honestly don't think anyone is judging her.   Once again the name of the show is BLUE COLLAR MILLIONAIRE it is about her money and her rodeo lifestyle!  She apparantly went on the show willingly, therefore people are going to discuss her money and how she came about it.  Isn't that the point of being on a show titled BLUE COLLAR MILLIONAIRE and she is telling how much money spends on things she is making it public knowledge!   It is not a barrel racing show nor is Trevor Brazile on the show (as far as I know)  if he does make an appearance on BLUE COLLAR MILLIONAIRE  that is about money then we can talk about his money trail as well since he would be making it public knowledge.

No one is doubting her hard work ethic and talent in the saddle and her business saavy!  I congratulate her and love to watch her horses!  I would have loved to been in her Stetson boots when I was her age!    Congratulations Brittany Pozzi on a great career and many, many more excellent years in this industry.
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Willow55
Reg. Oct 2014
Posted 2015-07-17 11:59 AM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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Tatum2 - 2015-07-16 4:01 PM

MObrlrcr - 2015-07-16 3:59 PM

Is there anywhere to watch this show online? I actually never even heard of it but would love to watch it. Didn't know if it would be available online somewhere to watch later!! Thanks.

I would like to know this too! Sounds very interesting to watch

Here ya go: http://www.cnbc.com/live-tv/blue-collar-millionaires

Except I dont think hers has aired yet. They show two episodes every wednesday so Ill be waiting patiently next week to see if shes on. Ive always loved her. I have the up most respect for her making such a good career in the horse industry.
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jbhoot
Reg. Jan 2010
Posted 2015-07-17 12:03 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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Willow55 - 2015-07-17 11:59 AM

Tatum2 - 2015-07-16 4:01 PM

MObrlrcr - 2015-07-16 3:59 PM

Is there anywhere to watch this show online? I actually never even heard of it but would love to watch it. Didn't know if it would be available online somewhere to watch later!! Thanks.

I would like to know this too! Sounds very interesting to watch

Here ya go: http://www.cnbc.com/live-tv/blue-collar-millionaires

Except I dont think hers has aired yet. They show two episodes every wednesday so Ill be waiting patiently next week to see if shes on. Ive always loved her. I have the up most respect for her making such a good career in the horse industry.

It already aired.
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rodeomom3
Reg. Dec 2007
Posted 2015-07-17 12:10 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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It is being shown again Sunday night 
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Willow55
Reg. Oct 2014
Posted 2015-07-17 12:11 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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Actually yes it has! She is the 2nd part of this episode: http://uverse.com/uv/watch/nbu___urn___theplatform___guid___2879912
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Nevertooold
Reg. Oct 2003
Posted 2015-07-17 12:12 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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Tatum2 - 2015-07-16 3:46 PM I know what her horses sell for. It says 2 million in rodeo.. I'm saying who knows what she actually "made" just on the rodeo portion with all the expenses that these girls have to pay to get to the top of the world and haul all over U.S. and Canada. I'm am not saying she hasn't made a million in her lifetime when dealing with horses, I'm saying that it didn't come from the rodeo earnings, it came from selling horses and being a businesswoman. 

 

Spending money, going down the road, is part of what made her business successful. It put her name out there. Some people rodeo to rodeo. Rodeo became the foundation of her business. She made herself a household word.
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aqhabarrelchic1
Reg. Apr 2005
Posted 2015-07-17 1:42 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show


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livinonlove&horses - 2015-07-17 5:28 PM
grinandbareit - 2015-07-16 6:35 PM Assets are what suggest your monetary worth... And I'm quite sure she has a million in assets.
Assets are only worth what you actually sell them for. Assets do not equal cash

the irs doesnt care if its acually cash money when you die you still have to pay that death tax if you have x amount in assets liquid or  not 
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Calangelo
Reg. Nov 2003
Posted 2015-07-17 1:42 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show


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Lovin Life - 2015-07-17 10:24 AM Honestly, even IF her family were loaded.... who's to say that she didn't have to make for herself anyway? I mean I know people that are wealthy, but still taught their children the value of a dollar and hard work. They may have given them a start, but after that they were on their own to be successful. So I really don't think it's fair to judge someone based on their families wealth.

She specifically mentions on the show that she was taught not to buy anything she doesn't need, and she practices that.  
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azsun
Reg. Jun 2006
Posted 2015-07-17 2:22 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show


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I thought it was a good story.
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Nita
Reg. Apr 2012
Posted 2015-07-17 2:58 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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TyE - 2015-07-17 11:36 AM

I honestly don't think anyone is judging her.   Once again the name of the show is BLUE COLLAR MILLIONAIRE it is about her money and her rodeo lifestyle!  She apparantly went on the show willingly, therefore people are going to discuss her money and how she came about it.  Isn't that the point of being on a show titled BLUE COLLAR MILLIONAIRE and she is telling how much money spends on things she is making it public knowledge!   It is not a barrel racing show nor is Trevor Brazile on the show (as far as I know)  if he does make an appearance on BLUE COLLAR MILLIONAIRE  that is about money then we can talk about his money trail as well since he would be making it public knowledge.

No one is doubting her hard work ethic and talent in the saddle and her business saavy!  I congratulate her and love to watch her horses!  I would have loved to been in her Stetson boots when I was her age!    Congratulations Brittany Pozzi on a great career and many, many more excellent years in this industry.

Well said. That's exactly what I was thinking. Nobody is doubting her hard work and talent. I'm a big fan of hers and love to watch her ride. I think people on here are basically saying that, if you got your start by your family buying all your stuff for you to barrel race with (nothing wrong with that but, it ain't exactly "Blue Collar"), and a show comes along that says "we want to put you on our show so everyone can see how you became so successful" and the name of that show is Blue Collar anything, you should probably say "No thanks". Blue Collar parents can't really give their kids trucks, trailers and horses. I still don't think any of the comments I've seen on this tread are bashing her in any way. People are just curious and want clarity on that one detail.
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mreklaw
Reg. May 2008
Posted 2015-07-17 3:20 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show


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She is such a hard worker and an excellent judge of horseflesh I feel very strongly that she would have made it regardless of her family's money! And if they gave her money to start I'm sure it wasn't a million so in my eyes she did make it on her own. If she had no talent then all the money in the world wouldn't have kept her where she is today! I say she is blue collar!
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uno-dos-tres!
Reg. Jul 2004
Posted 2015-07-17 3:27 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show


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mreklaw - 2015-07-17 3:20 PM She is such a hard worker and an excellent judge of horseflesh I feel very strongly that she would have made it regardless of her family's money! And if they gave her money to start I'm sure it wasn't a million so in my eyes she did make it on her own. If she had no talent then all the money in the world wouldn't have kept her where she is today! I say she is blue collar!

Well said! I've seen the girl many times sweat blue, cry blue and win blue! She's self made period.
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Just Bring It
Reg. Oct 2003
Posted 2015-07-17 3:28 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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Nita - 2015-07-17 2:58 PM

TyE - 2015-07-17 11:36 AM

I honestly don't think anyone is judging her.   Once again the name of the show is BLUE COLLAR MILLIONAIRE it is about her money and her rodeo lifestyle!  She apparantly went on the show willingly, therefore people are going to discuss her money and how she came about it.  Isn't that the point of being on a show titled BLUE COLLAR MILLIONAIRE and she is telling how much money spends on things she is making it public knowledge!   It is not a barrel racing show nor is Trevor Brazile on the show (as far as I know)  if he does make an appearance on BLUE COLLAR MILLIONAIRE  that is about money then we can talk about his money trail as well since he would be making it public knowledge.

No one is doubting her hard work ethic and talent in the saddle and her business saavy!  I congratulate her and love to watch her horses!  I would have loved to been in her Stetson boots when I was her age!    Congratulations Brittany Pozzi on a great career and many, many more excellent years in this industry.

Well said. That's exactly what I was thinking. Nobody is doubting her hard work and talent. I'm a big fan of hers and love to watch her ride. I think people on here are basically saying that, if you got your start by your family buying all your stuff for you to barrel race with (nothing wrong with that but, it ain't exactly "Blue Collar"), and a show comes along that says "we want to put you on our show so everyone can see how you became so successful" and the name of that show is Blue Collar anything, you should probably say "No thanks". Blue Collar parents can't really give their kids trucks, trailers and horses. I still don't think any of the comments I've seen on this tread are bashing her in any way. People are just curious and want clarity on that one detail.

I am pretty sure most blue collar people with kids and horses have once bought their child a horse. They may even have helped buy them their first pickup. Most blue collar parents have helped their child out in life somehow whether it be schooling, vehicle, clothes, etc. That is what parents are for...to help their children get on their feet in hopes they have a better life than they had. That does NOT mean they gave them everything or that the child did not have to work for everything they have. I came from very blue collar parents that were nowhere near wealthy or well-off. My dad owns his own business and busts his butt to pay the bills but also to make sure that us kids had a great life.

Brittany worked her tail off to get to where she is. Good for her that she had supportive parents along the way. She could have taken advantage of that support and not worked hard to become the great competitor and business woman she is but instead she worked to become one of the best in the biz!

I find it funny that many people on BHW were bashing that show "Rodeo Girls" saying how it shows us in a bad light and then we come on here and start an argument over a fellow competitor on whether or not she is true blue collar or not. It was a simple post letting us all know that she is going to be featured on this show which I think AWESOME! It's great that rodeo and barrel racing is getting some attention but what do we do? We find a way to put another competitor down in hopes to build ourselves up. It is so sad.
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Lovin Life
Reg. Apr 2004
Posted 2015-07-17 3:34 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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mreklaw
Reg. May 2008
Posted 2015-07-17 3:44 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show


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Also, the definition of a blue collar worker is a person that makes a living doing manual labor. So I think that fits her to a T.
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rodeomom3
Reg. Dec 2007
Posted 2015-07-17 4:14 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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Just Bring It - 2015-07-17 3:28 PM
Nita - 2015-07-17 2:58 PM
TyE - 2015-07-17 11:36 AM I honestly don't think anyone is judging her.   Once again the name of the show is BLUE COLLAR MILLIONAIRE it is about her money and her rodeo lifestyle!  She apparantly went on the show willingly, therefore people are going to discuss her money and how she came about it.  Isn't that the point of being on a show titled BLUE COLLAR MILLIONAIRE and she is telling how much money spends on things she is making it public knowledge!   It is not a barrel racing show nor is Trevor Brazile on the show (as far as I know)  if he does make an appearance on BLUE COLLAR MILLIONAIRE  that is about money then we can talk about his money trail as well since he would be making it public knowledge.



No one is doubting her hard work ethic and talent in the saddle and her business saavy!  I congratulate her and love to watch her horses!  I would have loved to been in her Stetson boots when I was her age!    Congratulations Brittany Pozzi on a great career and many, many more excellent years in this industry.
Well said. That's exactly what I was thinking. Nobody is doubting her hard work and talent. I'm a big fan of hers and love to watch her ride. I think people on here are basically saying that, if you got your start by your family buying all your stuff for you to barrel race with (nothing wrong with that but, it ain't exactly "Blue Collar"), and a show comes along that says "we want to put you on our show so everyone can see how you became so successful" and the name of that show is Blue Collar anything, you should probably say "No thanks". Blue Collar parents can't really give their kids trucks, trailers and horses. I still don't think any of the comments I've seen on this tread are bashing her in any way. People are just curious and want clarity on that one detail.
I am pretty sure most blue collar people with kids and horses have once bought their child a horse. They may even have helped buy them their first pickup. Most blue collar parents have helped their child out in life somehow whether it be schooling, vehicle, clothes, etc. That is what parents are for...to help their children get on their feet in hopes they have a better life than they had. That does NOT mean they gave them everything or that the child did not have to work for everything they have. I came from very blue collar parents that were nowhere near wealthy or well-off. My dad owns his own business and busts his butt to pay the bills but also to make sure that us kids had a great life. Brittany worked her tail off to get to where she is. Good for her that she had supportive parents along the way. She could have taken advantage of that support and not worked hard to become the great competitor and business woman she is but instead she worked to become one of the best in the biz! I find it funny that many people on BHW were bashing that show "Rodeo Girls" saying how it shows us in a bad light and then we come on here and start an argument over a fellow competitor on whether or not she is true blue collar or not. It was a simple post letting us all know that she is going to be featured on this show which I think AWESOME! It's great that rodeo and barrel racing is getting some attention but what do we do? We find a way to put another competitor down in hopes to build ourselves up. It is so sad.

  Well said, I have watched her pull up to a local jackpot and unload 6 or 7 horses, she does not sit down the whole time she is there.  Congrats to her on her success and having the work ethic and the business sense to parlay her talent into a successful business. Not many people her age have acheived what she has.   As the saying goes,  luck = preparation and hard work.  Her younger sister was in high school rodeo when my girsl were and we often crossed paths.  Her parents are definitley supportive and involved- her mom is a hoot- but Britany did not inherit or join a family business, she created her own business.
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livinonlove&horses
Reg. Jun 2008
Posted 2015-07-17 10:06 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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aqhabarrelchic1 - 2015-07-17 1:42 PM
livinonlove&horses - 2015-07-17 5:28 PM
grinandbareit - 2015-07-16 6:35 PM Assets are what suggest your monetary worth... And I'm quite sure she has a million in assets.
Assets are only worth what you actually sell them for. Assets do not equal cash
the irs doesnt care if its acually cash money when you die you still have to pay that death tax if you have x amount in assets liquid or  not 

 Well you are partly right and wrong. Yes there is federal tax that has to be paid. But only if your estate has a value of over $5 million and that is per person. So a husband and wife would have to be worth more than 10 million before a tax was due. Now that does change from year to year. Those are only the current numbers though they have been the norm for a few years. And if you have a good estate attorney and a proper trust set up a lot of that can be avoided. 
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livinonlove&horses
Reg. Jun 2008
Posted 2015-07-17 10:12 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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grinandbareit - 2015-07-17 12:27 AM

livinonlove&horses - 2015-07-16 7:28 PM

grinandbareit - 2015-07-16 6:35 PM


Assets are what suggest your monetary worth... And I'm quite sure she has a million in assets.

Assets are only worth what you actually sell them for. Assets do not equal cash



Hmmmm... In that you are mistaken...

If you are going to the bank to borrow money what do you have to have? Collateral... that would be in the form of an asset. I'll give you the money, let's first find out what you are worth. They then put a value on your assets and give you the cash. That's the way the system works.


Yes and no. For people who don't have lots of cash yes they have to put up collateral. Say a farm. And let's say your farm is worth $100,000 today. They will loan you roughly 50% of that value if they are a smart bank. But let's say next year the land market falls. And your farm is only worth $80,000 but you owe $55,000 once you factor in interest. The bank may consider you upside down in your debt to equity ratio and call your loan. You either have to give them CASH or maybe more collateral or sell your farm to pay the note.

And just FYI you can use and investment portfolio or a CD as collateral. Both cash items
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Chandler's Mom
Reg. Jan 2015
Posted 2015-07-18 12:22 AM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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grinandbareit - 2015-07-17 12:27 AM

livinonlove&horses - 2015-07-16 7:28 PM

grinandbareit - 2015-07-16 6:35 PM


Assets are what suggest your monetary worth... And I'm quite sure she has a million in assets.

Assets are only worth what you actually sell them for. Assets do not equal cash



Hmmmm... In that you are mistaken...

If you are going to the bank to borrow money what do you have to have? Collateral... that would be in the form of an asset. I'll give you the money, let's first find out what you are worth. They then put a value on your assets and give you the cash. That's the way the system works.


I think GABI has a pretty good grasp of financial statements and liquidity!!!!
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Chandler's Mom
Reg. Jan 2015
Posted 2015-07-18 12:37 AM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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livinonlove&horses - 2015-07-17 10:12 PM

grinandbareit - 2015-07-17 12:27 AM

livinonlove&horses - 2015-07-16 7:28 PM

grinandbareit - 2015-07-16 6:35 PM


Assets are what suggest your monetary worth... And I'm quite sure she has a million in assets.

Assets are only worth what you actually sell them for. Assets do not equal cash



Hmmmm... In that you are mistaken...

If you are going to the bank to borrow money what do you have to have? Collateral... that would be in the form of an asset. I'll give you the money, let's first find out what you are worth. They then put a value on your assets and give you the cash. That's the way the system works.


Yes and no. For people who don't have lots of cash yes they have to put up collateral. Say a farm. And let's say your farm is worth $100,000 today. They will loan you roughly 50% of that value if they are a smart bank. But let's say next year the land market falls. And your farm is only worth $80,000 but you owe $55,000 once you factor in interest. The bank may consider you upside down in your debt to equity ratio and call your loan. You either have to give them CASH or maybe more collateral or sell your farm to pay the note.

And just FYI you can use and investment portfolio or a CD as collateral. Both cash items

Not the way banks tend to work it in our area. But nonetheless, thanks to the OP for this thread and congrats to BP on getting where she is thru her hard work and smarts. Simply a great ambassador for barrel racing being seen by a whole new audience----that can only be a good thing!
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livinonlove&horses
Reg. Jun 2008
Posted 2015-07-18 11:47 AM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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Chandler's Mom - 2015-07-18 12:37 AM
livinonlove&horses - 2015-07-17 10:12 PM
grinandbareit - 2015-07-17 12:27 AM
livinonlove&horses - 2015-07-16 7:28 PM
grinandbareit - 2015-07-16 6:35 PM Assets are what suggest your monetary worth... And I'm quite sure she has a million in assets.
Assets are only worth what you actually sell them for. Assets do not equal cash
Hmmmm... In that you are mistaken... If you are going to the bank to borrow money what do you have to have? Collateral... that would be in the form of an asset. I'll give you the money, let's first find out what you are worth. They then put a value on your assets and give you the cash. That's the way the system works.
Yes and no. For people who don't have lots of cash yes they have to put up collateral. Say a farm. And let's say your farm is worth $100,000 today. They will loan you roughly 50% of that value if they are a smart bank. But let's say next year the land market falls. And your farm is only worth $80,000 but you owe $55,000 once you factor in interest. The bank may consider you upside down in your debt to equity ratio and call your loan. You either have to give them CASH or maybe more collateral or sell your farm to pay the note. And just FYI you can use and investment portfolio or a CD as collateral. Both cash items
Not the way banks tend to work it in our area. But nonetheless, thanks to the OP for this thread and congrats to BP on getting where she is thru her hard work and smarts. Simply a great ambassador for barrel racing being seen by a whole new audience----that can only be a good thing!

 Banks used to not work that way. But up here they are starting too. It started because of the housing crunch. But with the grain market going down but cost of inputs staying the same or even rising loans are getting looked at. Now maybe a house loan no. But farmers who are borrowing money to put out crops and using their farm for collateral yes they will keep your debt to asset ratio at 50% if they are a smart bank. Our bank in the last few years would not use machinery as collateral either. It was factored into your finance statement and part of your net worth. 

I think BP is going to shed great light on the industry and think it's neat she is on the show. I need to watch it. Would be curios to see who l they have defined as millionaires and how they determined it
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livinonlove&horses
Reg. Jun 2008
Posted 2015-07-18 11:54 AM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



Ms. Poutability


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Chandler's Mom - 2015-07-18 12:22 AM

grinandbareit - 2015-07-17 12:27 AM

livinonlove&horses - 2015-07-16 7:28 PM

grinandbareit - 2015-07-16 6:35 PM


Assets are what suggest your monetary worth... And I'm quite sure she has a million in assets.

Assets are only worth what you actually sell them for. Assets do not equal cash



Hmmmm... In that you are mistaken...

If you are going to the bank to borrow money what do you have to have? Collateral... that would be in the form of an asset. I'll give you the money, let's first find out what you are worth. They then put a value on your assets and give you the cash. That's the way the system works.


I think GABI has a pretty good grasp of financial statements and liquidity!!!!

I never said she didn't have a understanding. But I do too. For 11 years my husband and I along with my FIL farmed 2200 hundred acres. We borrowed between $500,000 and $750,000 a year to put out crops. I can fill out a finance statement like writing a grocery list and do future income projections. When my FIL passed away my husband farmed a bit longer but didn't enjoy it with his dad. So we sold out. That would be liquidating assets. We now have a large investment portfolio that is very diversified. It makes enough income that at 35 and 42 we are retired. Now I get to learn about investments with our financial planners. A side we didn't do as farmers but new and interesting. So yeah I got a pretty good grasp of finances....assets....debt.....stocks.....REITS.....bonds....etc


But thanks for thinking I didn't
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grinandbareit
Reg. Jan 2007
Posted 2015-07-18 1:17 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



Go For It!


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livinonlove&horses - 2015-07-17 10:12 PM

grinandbareit - 2015-07-17 12:27 AM

livinonlove&horses - 2015-07-16 7:28 PM

grinandbareit - 2015-07-16 6:35 PM


Assets are what suggest your monetary worth... And I'm quite sure she has a million in assets.

Assets are only worth what you actually sell them for. Assets do not equal cash



Hmmmm... In that you are mistaken...

If you are going to the bank to borrow money what do you have to have? Collateral... that would be in the form of an asset. I'll give you the money, let's first find out what you are worth. They then put a value on your assets and give you the cash. That's the way the system works.


Yes and no. For people who don't have lots of cash yes they have to put up collateral. Say a farm. And let's say your farm is worth $100,000 today. They will loan you roughly 50% of that value if they are a smart bank. But let's say next year the land market falls. And your farm is only worth $80,000 but you owe $55,000 once you factor in interest. The bank may consider you upside down in your debt to equity ratio and call your loan. You either have to give them CASH or maybe more collateral or sell your farm to pay the note.

And just FYI you can use and investment portfolio or a CD as collateral. Both cash items



You said yes and no... where exactly is the no?

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hotbear03
Reg. Oct 2005
Posted 2015-07-18 3:11 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show


One Grateful Mom


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 I remember watching Brittany's first n.f.r........very tough go of it! She was sponsored by lucchesse boots ( I think
 She is one who has worked her tail off and I don't see her looking back,only ahead!
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Chandler's Mom
Reg. Jan 2015
Posted 2015-07-19 2:32 AM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



My Heart Be Happy


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livinonlove&horses - 2015-07-18 11:47 AM

Chandler's Mom - 2015-07-18 12:37 AM
livinonlove&horses - 2015-07-17 10:12 PM
grinandbareit - 2015-07-17 12:27 AM
livinonlove&horses - 2015-07-16 7:28 PM
grinandbareit - 2015-07-16 6:35 PM Assets are what suggest your monetary worth... And I'm quite sure she has a million in assets.
Assets are only worth what you actually sell them for. Assets do not equal cash
Hmmmm... In that you are mistaken... If you are going to the bank to borrow money what do you have to have? Collateral... that would be in the form of an asset. I'll give you the money, let's first find out what you are worth. They then put a value on your assets and give you the cash. That's the way the system works.
Yes and no. For people who don't have lots of cash yes they have to put up collateral. Say a farm. And let's say your farm is worth $100,000 today. They will loan you roughly 50% of that value if they are a smart bank. But let's say next year the land market falls. And your farm is only worth $80,000 but you owe $55,000 once you factor in interest. The bank may consider you upside down in your debt to equity ratio and call your loan. You either have to give them CASH or maybe more collateral or sell your farm to pay the note. And just FYI you can use and investment portfolio or a CD as collateral. Both cash items
Not the way banks tend to work it in our area. But nonetheless, thanks to the OP for this thread and congrats to BP on getting where she is thru her hard work and smarts. Simply a great ambassador for barrel racing being seen by a whole new audience----that can only be a good thing!

 Banks used to not work that way. But up here they are starting too. It started because of the housing crunch. But with the grain market going down but cost of inputs staying the same or even rising loans are getting looked at. Now maybe a house loan no. But farmers who are borrowing money to put out crops and using their farm for collateral yes they will keep your debt to asset ratio at 50% if they are a smart bank. Our bank in the last few years would not use machinery as collateral either. It was factored into your finance statement and part of your net worth. 

I think BP is going to shed great light on the industry and think it's neat she is on the show. I need to watch it. Would be curios to see who l they have defined as millionaires and how they determined it

Where do you live? I'm a farmer's daughter, my mom is VP of an agri bank, and I'm an accountant in almost 100% agri area----equipment is always used as collateral here. . . . Just wondered what part of the country you were in.
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Chandler's Mom
Reg. Jan 2015
Posted 2015-07-19 2:41 AM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



My Heart Be Happy


Posts: 9159
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livinonlove&horses - 2015-07-18 11:54 AM

Chandler's Mom - 2015-07-18 12:22 AM

grinandbareit - 2015-07-17 12:27 AM

livinonlove&horses - 2015-07-16 7:28 PM

grinandbareit - 2015-07-16 6:35 PM


Assets are what suggest your monetary worth... And I'm quite sure she has a million in assets.

Assets are only worth what you actually sell them for. Assets do not equal cash



Hmmmm... In that you are mistaken...

If you are going to the bank to borrow money what do you have to have? Collateral... that would be in the form of an asset. I'll give you the money, let's first find out what you are worth. They then put a value on your assets and give you the cash. That's the way the system works.


I think GABI has a pretty good grasp of financial statements and liquidity!!!!

I never said she didn't have a understanding. But I do too. For 11 years my husband and I along with my FIL farmed 2200 hundred acres. We borrowed between $500,000 and $750,000 a year to put out crops. I can fill out a finance statement like writing a grocery list and do future income projections. When my FIL passed away my husband farmed a bit longer but didn't enjoy it with his dad. So we sold out. That would be liquidating assets. We now have a large investment portfolio that is very diversified. It makes enough income that at 35 and 42 we are retired. Now I get to learn about investments with our financial planners. A side we didn't do as farmers but new and interesting. So yeah I got a pretty good grasp of finances....assets....debt.....stocks.....REITS.....bonds....etc


But thanks for thinking I didn't

My post to GABI wasn't in reference to anything you had said. Didn't mean to step on anyone's toes at all, and I apologize if you took it that way.
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Running Roan
Reg. Feb 2005
Posted 2015-07-20 10:15 PM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



Roan On The Range


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If you missed the episode, you can watch it on CNBC's website for free (no signing up or any of that required). The part about Brittany starts about 8 minutes in if you want to skip right to it: http://www.cnbc.com/live-tv/blue-collar-millionaires/full-episode/trash-to-cash/485366339697

 
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scwebster
Reg. Mar 2013
Posted 2015-07-21 8:39 AM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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I keep reading post here that say things silimar to "blue collar families cant afford to give their kids this or that" "She came from money so she isnt blue collar" BLUE COLLAR means manual labor and associated industries. So if her family did well in the Oil industry...guess what...that is BLUE COLLAR. Blue collar doesnt mean poor...   

I dont know anything about her family or how she got her start, what I do know is she is one of the best jockeys out there and has had success on multiple horses in multiple settings. You dont see many who are capible of that. She is the real deal hands down.


Edited by scwebster 2015-07-21 9:53 AM
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BamaCanChaser
Reg. Nov 2012
Posted 2015-07-21 8:59 AM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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scwebster - 2015-07-21 8:39 AM I keep reading post here that say things silimar to "blue collar families cant afford to give their kids this or that" "She came from money so she isnt blue collar" BLUE COLLAR means manual labor and associated industries. So if her family did well in the Oil industry...guess what...that is BLUE COLLAR. Blue collar doesnt mean poor...   



I dont know anything about her family or how she got her start, what I do know is she is one of the best jockeys out there and has had sucess on multiple horses in multiple settings. You dont see many who are capible of that. She is the real deal hands down.



I think a lot of people are getting the two confused. You can be "blue collar" and still be well off. 

For example, Farming is a blue collar industry, there are several farmers I can think of worth millions. 

Oil is another blue collar industry.

Those saying she and her family are not blue collar specifically because they have money are uneducated on the definition of the term.
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scwebster
Reg. Mar 2013
Posted 2015-07-21 9:58 AM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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BamaCanChaser - 2015-07-21 8:59 AM
scwebster - 2015-07-21 8:39 AM I keep reading post here that say things silimar to "blue collar families cant afford to give their kids this or that" "She came from money so she isnt blue collar" BLUE COLLAR means manual labor and associated industries. So if her family did well in the Oil industry...guess what...that is BLUE COLLAR. Blue collar doesnt mean poor...   



I dont know anything about her family or how she got her start, what I do know is she is one of the best jockeys out there and has had sucess on multiple horses in multiple settings. You dont see many who are capible of that. She is the real deal hands down.




I think a lot of people are getting the two confused. You can be "blue collar" and still be well off. 



For example, Farming is a blue collar industry, there are several farmers I can think of worth millions. 



Oil is another blue collar industry.



Those saying she and her family are not blue collar specifically because they have money are uneducated on the definition of the term.

Agree! 
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paysonw
Reg. Aug 2008
Posted 2015-07-21 11:20 AM
Subject: RE: Brittany Pozzi on Blue Collar Millionaires Show



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Location: Colorado plains standing on a goat head!
I enjoyed the contrast of her semi and trailer for $300k after the dude in Florida was so tickled with his $100k Mazerati (or whatever it was)!  God bless America! 

Edited by paysonw 2015-07-21 11:21 AM
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