Can I make money off of raising pheasants?
Check out this video on YouTube to give you an idea of what it takes... http://www.youtube.com/watch?v=9ZCFA3Clu...
Can you make money raising Alpaca?
Can you make money? Yes. With lots of hard work, marketing, and diversification of products, a little money could be made from raising alpacas. Can you make enough money to earn a living from raising them? No. Or maybe I should say the vast majority can't/doesn't. A few really big farms are able to make a living from alpacas - using fiber, meat, breeding, agritourism, etc. Smaller farms might make enough to pay for their animals' keep, but not much more than that. Of course just like any other farm venture, the more work that's put into it, the more money one will typically make. Of course the market in your area, whether it be for fiber, fiber goods, the animals themselves, etc. would have an impact on potential profit as well. In my area, there is very little market for alpacas or alpaca products...
What is the difference between Raising money and Making money?
You want to set up an apple stand at the high school football game.You buy 10 apples for .25 each, you sell them for $1 each, you “make money” by netting the .75 for each apple sold. Total of $7.50 gross profit, then if you pay expenses (like renting a spot at the game) and still have some left over, you have a money-making business.Your uncle gives you $25 so you can bring 100 apples to the next game. That’s raising money. Assuming you sell all 100, you will bring in $75 gross profit and you should have enough to pay your uncle back with interest (that’s raising money with a loan and paying back the loan). Or you don’t pay you uncle back the $25 and he gets 10% of the profits (that’s raising money by sale of equity).The rest of business is paperwork and scale. We make it complicated, but it is all based on the apple principle.
What makes someone good at raising money?
From what I have seen, the single most important factor is your ability to sell.This means (but is not limited to):Knowing your audience and speaking directly to themTelling a vivid, compelling story about what you are doing today, and what your vision isUnderstanding the market well enough to articulate how you are different from the competitionHaving presence Listening well, and responding thoughtfully to concerns and objections that investors bring upHaving proof that you are onto something (social proof, user traction, strong or well-known talent on your team, etc.)Being doggedly determined and following up consistently (yet respectfully) to share news on your milestones
Is there a difference between making money and earning money?
Well technically it is, however it is used in today's communication interchangeably for the same meaning.Making money can mean the creation of money, printing money on paper and other related issues.Earning money means doing something for someone which is valuable to them in exchange for a suitable compensation. For example working in McDonald for $25/hour or working for someone as an assistant for 15,000INR/month.Unless you are talking to someone who is very particular about the usage of the English language, it means the same thing.When I talk to people, I would like to know precisely what they mean when they say something, so I have follow up questions for my own understanding of what they are trying to communicate.What can I say, I just love the language a lot and do not want to misunderstand people.However it does not mean that I am some kind of hot shot English professor, far from that. I just try my best.
How can I make money raising silk worms in Western North Carolina?
You can obviously do it by using climate control environment and providing mulberry leaves to larvae but:One larvae produces just few grams silk fiber, although it could be several miles long, but maybe good enough to weave few square inches of fabrics (1-3 sq. Inch). So, you can guess how many you would need to have sustainable production. Moving forward,. Selling just raw unprocessed silk fiber won't fetch much value, so you may have to spin it into yarns, which requires spinning machines. And those machine requires about a tonne of raw material (silk in this case) every day. Then, sizing machine Then weaving machine : one sizing machine is enough to feed to 150+ looms working their highest possible speed so far, which is 850rpm. (rpm divided by picks per inch, gives you meter length produced per hour). Typically one machine produces around 150-350meter per day. In case of silk, it will be at lowest end because silk is very fine. Then finishing and garments and all. Have i mentioned that, that one loom which works at 850rpm costs over 120,000 USD? And, at least 200 of those are required to break even. ? And, silk production from cocoon to fibers stage is intensively manual labor process, so does weaving, sizing, finishing, dyeing and garments. And, skilled work force for each department gets higher salaries than min Salary? In short, it is possible but not feasible to do so, anywhere in America. Secondly, local American Midwest have aging textile skilled labor with experience of cotton not silk. Furthermore, finding skilled labor is a big pain in the ass, even in textile giant countries like china, and Pakistan so, you can imagine how difficult it would be in Midwest.
Can you make money from bird breeding?
It's more of a hobby, but you can make a decent amount of money depending on the birds you choose to breed. The money you make will never be enough to live off of, but breeding birds is a fun and rewarding experience. I have owned American budgerigars for well over 5 years now, but I only recently got into breeding. I currently have 3 years of experience breeding budgies, and I allow my breeding pairs to lay up to two clutches each within a span of 6 months of the year. If problems arise, I will hand-raise some of the chicks within a couple days of them hatching. I typically start hand-raising the rest of the chicks at about 6 weeks of age. Breeding the birds is one thing, but hand-raising chicks is even more time consuming and very hard work. When you breed birds, there's a chance that something may go wrong and you might have to hand-raise some of the chicks. Make sure that you have plenty of free time set aside to doing so. I have to feed my hand-raised chicks special formula ever 1-2 hours depending on how old they are, and I have to feed them throughout the night as well. You can't make as much money breeding budgerigars as you can larger, more intelligent birds like macaws. I do it because I enjoy it, and not for the money. Once you figure out which species you'd like to breed, do months of research before buying your first pair. After you bring your first pair home, get a feel for the birds and simply own them as pets before you decide to breed.