William VanMeter

Growing up in the Thoroughbred industry, Headley VanMeter has always dreamed of starting his own consignment. Now, he is doing it by going out on his own this summer under the banner of VanMeter Sales. "Starting a consignment has always been a goal of mine," said VanMeter. "Everything I have done to this point has been to build a strong foundation as a horsemen. I feel like now is a great time to try to start my own business. I've been really fortunate to be surrounded by a lot of...

Adam Smith, the so-called father of economics, once said this about the slickly oiled business machine: "It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest." In other words, the more vested the butcher, the brewer or the baker is in the overall fiscal health of his or her own enterprise, the better the overall product for the rest of us. Smith died in 1790, and so, quite what he would have said...