Life is risky. Well, that is, if you wanna do something great. Because you can’t always know what’s gonna happen. In fact, you can be a coin toss loser and still be a huge winner.
Maybe you’ve heard this coin toss loser story.
According to many opinions, Penny Chenery took part in one of the most important coin tosses in sports history. I found an article that said she “had inherited her father’s Meadow Stable in Virginia following his death in 1973. But the organization had begun losing money years earlier. Desperate to shore up the family’s shaky finances, Chenery agreed to a “syndicating” agreement with Seth Hancock, the new owner of one of the country’s most prestigious breeding operations, Kentucky Claiborne Farm.”
In 1969, Ms Chenery met stables owner, Ogden Phipps, in his office in New York. They agreed to a coin toss for foals from the horse, Bold Ruler. The winner would “receive the recently born foal of the sire Bold Ruler and the mare Hasty Matelda.” I guess that was the one everyone thought would be the prize.
And “the loser would get a second foal from Bold Ruler with a different mare, Somethingroyal.” And I guess everyone thought that would be a runner-up at best.
So here’s what happened: “Phipps won the coin toss. But Chenery won for the record books. In March of the following year Somethinroyal gave birth to a red chestnut colt with three distinctive white ‘socks’ on his legs.” I read, somewhere else, that horse would later be known as “Big Red.”
Anyone who was alive in 1973 will probably remember Secretariat. He won the Triple Crown of horse racing that year. And he’s one of, if not THE, most famous racing horses ever.
So, Penny Chenery enjoyed fame as his owner.
In spite of initially being a coin toss loser with a failing family horse stables business, Secretariat’s legendary wins helped turn her life completely around. Penny was able to sell “32 breeding ‘shares’ at a record-breaking price of $190,000 a share, netting Claiborne Farms and Meadow Stable more than $6 million—$30 million in today’s money.”
And don’t feel too bad for Ogden Phipps, the coin toss winner. Even though his foal was the loser of that deal, AND his family didn’t win the Kentucky Derby for another 50 years, they were still successful breeders. Their horse, Orb, “captured the 139th Run for the Roses.”
I didn’t share that story with you to show you what a big horse racing fan I am.
I just wanted to share how a loss doesn’t mean you’re a loser. And temporary wins aren’t the measure of success. Life is like a horse race. You can’t win, at all, if you don’t finish.
And, years ago, I produced the RondaReady System to help you keep going and finish the race you choose to run. Matter of fact, I put that System into a book.
And, as I’ve said before, it’s available on Amazon.
It’s a small investment compared to what my one-on-one clients have paid me. Especially when you consider how it can pay for itself over and over. But, it’s not a passive kinda thing either. It’s for any coin toss loser, OR winner, who wants to build a business better and faster.
Your Responsive Online Nonstop Digital Assistant