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Now... What Can We Learn From a Horse?: The Race of the Century
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Seeing the Possibilities
Charles Howard realized the marketing potential of his horse
early on. This former cavalry man and bicycle repairman realized that the future
was the era of the automobile. After getting a Buick car dealership, he amassed
a great fortune. He knew the importance of marketing and cashing in on the big
opportunity. He took Seabiscuit across America and traveled nearly 50,000
railroad miles to race on tracks across the west and east coast. People of the
press were wooed with bottles of champagne. Seabiscuit merchandise began to
flood stores. And not to mention the fact that his small investment in
Seabiscuit had multiplied exponentially with the horse's record career earnings.
Believe in Yourself and not the Naysayers
After Seabiscuit was injured, the doctors had given their
verdict: Seabiscuit could never race again. No horse could compete at this level
with a torn ligament. Even his original jockey `Red' Pollard was never expected
to ride after a nasty accident that had shattered his leg. Red and his favorite
`Pops' were not about to give up that easily. Howard took his favorite horse and
jockey to his Ridgewood ranch to allow them to recuperate. With time both horse
and jockey were back on the recovery track and went on to win the Santa Anita in
1940.
Finally, it is interesting to note the effect Seabiscuit had on the American
psyche. The country was just emerging from those traumatic years of the
Depression. These battered and bruised souls (especially the lower and middle
class) needed `hope' and a `second chance'. And they found an unlikely hero in a
four legged animal who was as many fans described a `common man's horse'. Just
like them, he had been through hard times but had emerged on top through sheer
grit and fighting spirit after getting a second chance.
2005, ICMR Case Studies and Management Resources. All rights reserved. No part of this publication may be
reproduced, stored in a retrieval system, used in a spreadsheet, or transmitted
in any form or by any means - electronic or mechanical, without permission.
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