From building a successful oil & gas inspection company to leading one of the premier quarter horse operations in the country, Cole Morehead’s story is all about hard work, sacrifice, and vision.
In this episode of Harnessing Your Wealth, Cole shares the entrepreneurial journey behind XCEL, the importance of family and teamwork, and how he and his wife, Marijo, purchased and expanded Royal Vista Ranch into a powerhouse in the racing and rodeo performance horse industry.
He also discusses industry challenges in horse racing and breeding, the role of technology and integrity in the sport, and the strategies behind building a successful ranching and breeding operation. Throughout it all, Cole emphasizes the importance of team, leadership, and family in sustaining long-term success.
Hear how relationships, elite stallions like Apollitical Jess and Flying Cowboy 123, and strong leadership helped fuel Royal Vista Ranch’s incredible momentum.
🎙️ Watch now and hear the lessons behind building success in business and life.
This presentation is for informational and educational purposes only and should not be construed as individualized investment advice or a recommendation of any particular security, strategy, or investment product. The views and opinions expressed by the guest speaker are solely their own and do not necessarily reflect those of Peterson Wealth. The guest speaker is not affiliated with Peterson Wealth, and Peterson Wealth does not endorse or guarantee the accuracy of third-party information. The guest is not paid compensation for their participation; however, he/she may receive a non-cash gift from the firm.
Peterson Wealth is a registered investment advisor with the SEC. Registration does not imply a certain level of skill or training. Past performance is not indicative of future results. All investments involve risk, including the possible loss of principal.
Any examples or illustrations used in this presentation are hypothetical in nature and for demonstration purposes only. You should consult with your personal financial, tax, or legal advisor before making any investment decisions.
Allison Lambert shares her journey from a lifelong equestrian to the owner of National Horseman Magazine and founder of Stylish Equestrian. She talks about taking over a family business, innovating within the traditional horse industry, and blending fashion with equestrian life. Allison also reflects on leadership, community, and the lessons learned from her mother while building a successful equestrian brand.
Key moments:
Allison’s entrepreneurial journey is marked by self-education and risk-taking.
Allison launched Stylish Equestrian to fill a gap in the equestrian fashion market.
The equestrian industry is deeply rooted in tradition but requires innovation.
Allison values treating her employees well to foster a positive work environment.
About Our Guest:
After growing up competing in the show horse world, Allison Lambert spent nearly two decades working for National Horseman Magazine before purchasing the historic 160-year-old publication in 2014. As the fifth publisher in National Horseman’s longstanding history, she has since led its evolution into the premier luxury media brand of the show horse world. Under her leadership, National Horseman expanded and launched its second title, National Horseman Arabian, further solidifying its influence and reach.
As the founder of Stylish Equestrian, Allison identified a gap in the market for elevated, affordable, thoughtfully curated equestrian retail and created a brand that blends timeless equestrian tradition with modern style. Through strategic growth, creative risk-taking, and deep industry knowledge, she continues to push the equestrian world forward— blending heritage with innovation in ways that resonate with a new generation.
About National Horseman Magazine:
Producing 17 stunning, informative and entertaining issues of the Saddlebred industry’s leading publication is no easy task. From writers and sales representatives to editors and designers, National Horseman’s staff is dedicated to producing an informative and entertaining experience for their readers.
Paul C. Jones is a renowned Quarter Horse trainer and a 2024 inductee into the American Quarter Horse Hall of Fame. Following in the footsteps of his father, legendary trainer Paul T. Jones, Paul worked his way through the ranks, building a career defined by excellence, consistency, and integrity. Over the years, he has dominated numerous racing categories while earning widespread respect for his horsemanship and leadership.
Known for his tireless work ethic and ability to build strong, loyal teams, Paul places the highest priority on doing what is best for his horses and owners. His deep understanding of each horse in his care is legendary. “He knows his horses intimately, without even looking at their name tags,” says his wife, Marin Jones.
Throughout his career, Paul has trained countless memorable horses and witnessed the evolution of the racing industry firsthand. He is a thoughtful voice on the importance of financial wisdom, communication, and fairness in racing, and he remains deeply invested in the future of the sport. Despite the challenges facing California racing today, Paul continues to express optimism and a steadfast commitment to the industry he loves.
About our Guest:
Paul C. Jones is a trainer who has joined the American Quarter Horse Hall of Fame as a member of the class of 2024. His career highlights include winning the All American Futurity three times (Teller Cartel, No Secrets Here and Runnning Brook Gal), the Champion of Champions six times (Whosleavingwho, The Down Side, Cash For Kas, Wave Carver, Good Reason SA and Rylees Boy) and the Los Al Two Million two times (A Reagal Choice and Good Reason SA).
In this conversation, Billy and Dr. Schechter delve into the complexities of chronic pain, emphasizing the mind-body connection and the emotional roots of pain. They discuss the limitations of traditional medicine in addressing chronic pain and highlight the importance of understanding the psychological aspects of pain. Dr. Schechter shares his journey into mind-body medicine, the significance of patient participation in recovery, and the power of belief in healing. Tune in as David and Billy touch on the challenges within the healthcare system and the need for a shift towards a more holistic approach to treatment.
Key takeaways include:
Chronic pain often has emotional roots that are overlooked.
Traditional medicine may not address the underlying causes of pain.
Education about mind-body connections is crucial for healing.
Belief in the healing process can significantly impact outcomes.
Patients often feel like victims of their conditions; empowerment is key.
The healthcare system needs to adapt to include holistic approaches.
Chronic pain can manifest in various forms, not just physical injuries.
David Schechter, MD, Family/Sports Medicine Physician
Dr. David Schechter is a physician who practices in West Los Angeles, California. With over 35 years of experience as a family and sports medicine physician, Dr. Schechter specializes in mind-body medicine and chronic pain.
Dr. Schechter attended Princeton University, received his MD from New York University, residency through UCLA/Santa Monica, and is an attending physician at Cedars-Sinai Medical Center.
He has been named a Top Doctor by Los Angeles Magazine, Men’s Health Magazine, and by US News and World Report. He has written several books, including Think Away Your Pain , The MindBody Workbook, The MindBody Workbook for Teens, and The Lessons Doctor Sarno Taught Me.
He has co-created an online program called The MindBody Healing Journey and co-authored The MindBody Workbook, Volume Two and A Diagnostic Guide for Psychophysiologic Disorders. Recently, he created an online course, Mastering the Mind-Body Connection for Teenagers.
In this engaging conversation, Billy and Cade interview Joe Merrick, author of ‘Once Upon the Mountain,’ exploring his life growing up around horses, particularly the legendary Easy Jet. Joe shares heartfelt stories about his childhood experiences, the challenges and triumphs of horse racing, and the lessons learned from his father and the racetrack. The discussion also touches on the current state of the racing industry and the importance of preserving its integrity.
Takeaways
Joe Merrick’s book captures the essence of horse racing.
Growing up around Easy Jet shaped Joe’s life and career.
Joe’s father instilled a strong work ethic in him.
Easy Jet’s racing career was unprecedented in its success.
The transition from racing to breeding was significant for Easy Jet.
Integrity in horse racing is a pressing concern today.
Joe’s experiences highlight the bond between humans and horses.
About our Guest:
As the son of AQHA Hall of Fame member Walter Merrick, Joe Merrick was a 12-year old during the legendary run of his fathers trainee in 1969, and has written a book that gives the account of those events in 1969 from the perspective of the pre-teenage adolescent.
The AQHA Hall of Fame runner and sire Easy Jet rattled out an epic two-year old campaign in 1969 that saw the son of Jet Deck score 22-victories from a lofty 26-starts as a two year-old. During that run in 1969, Easy Jet qualified, and claimed victories in the Blue Ribbon Futurity, Columbus Triple Crown Futurity, Lubbock Downs, Futurity, Laddie Stakes at Centennial Park, Rocky Mountain QHA Futurity, All American Congress Futurity, Sunland Park Fall Futurity, Kansas Futurity, and the All American Futurity at Ruidoso Downs.
As the son of AQHA Hall of Fame member Walter Merrick, Joe Merrick was a 12-year old during the legendary run of his fathers trainee in 1969, and has written a book that gives the account of those events in 1969 from the perspective of the pre-teenage adolescent.
The AQHA Hall of Fame runner and sire Easy Jet rattled out an epic two-year old campaign in 1969 that saw the son of Jet Deck score 22-victories from a lofty 26-starts as a two year-old. During that run in 1969, Easy Jet qualified, and claimed victories in the Blue Ribbon Futurity, Columbus Triple Crown Futurity, Lubbock Downs, Futurity, Laddie Stakes at Centennial Park, Rocky Mountain QHA Futurity, All American Congress Futurity, Sunland Park Fall Futurity, Kansas Futurity, and the All American Futurity at Ruidoso Downs.
People in the horse racing, farming, and ranching industries have two things in common; a passion and love for animals.
Today’s guest is a renowned equine orthopedic surgeon, a University Distinguished Professor in the Department of Clinical Sciences, and the founder of the Orthopaedic Research Center at CSU. It is clear when you hear him speak that he too has a passion and love for animals.
Join Dr. Wayne McIlwraith as he recounts his humble beginnings on a sheep station in New Zealand to becoming a trailblazer in the field of equine orthopedic surgery. He shares his innovative approach to arthroscopic surgery, shedding light on the advancements he has made, including many discoveries that have helped progress orthopedic procedures for humans.
Throughout the podcast, Billy Peterson and Dr. Wayne McIlwraith explore:
Dr. Wayne’s extensive experience and contributions to the field of equine medicine
The multifaceted challenges that face the equine industry including the need for uniformity in safety and testing standards
Why you should seize opportunities and pursue your passions
Techniques used to help horses recover from injuries and improve their performance
Professor McIlwraith obtained his veterinary degree from Massey University, New Zealand, and was in practice in New Zealand and the UK followed by an internship at the University of Guelph, Canada, and a surgical residency at Purdue University. He also obtained MS and PhD degrees from Purdue University. He is a Diplomate of the American College of Veterinary Surgeons, the European College of Veterinary Surgeons, the American College of Veterinary Sports Medicine and Rehabilitation, and a Fellow of the Royal College of Veterinary Surgeons.
Since 1979, he has been a faculty member at Colorado State University. Currently, he is a University Distinguished Professor, holds the Barbara Cox Anthony University Endowed Chair in Orthopaedics, and is the Founding Director of the Orthopaedic Research Center. He also has a referral equine orthopedic surgical practice based in Southern California and is a consultant and surgeon for clients elsewhere in the US and Ireland, England, France, and New Zealand. His research interests focus on equine orthopedic surgery and translational joint disease research, including novel treatments for osteoarthritis and articular cartilage repair, mesenchymal stem cell therapies, and early diagnosis of osteoarthritis and pre-fracture disease using imaging and fluid biomarkers.
He has received multiple awards, including the Founders Award and Legends Award from ACVS, induction into the International Equine Research Hall of Fame, the John Hickman Award from the British Equine Veterinary Association, the AAEP Research Award, the AVMA Lifetime Excellence in Research Award, the Markowitz Award from the Academy of Surgical Research, the Marshall R. Urist MD Award from ORS and is an Honorary Fellow of ICRS.