Is It Possible To Make a Profit in 4 Years?

[BPavery]

You would then be producing base morphs that everyone already produces as fallout to trying to produce multigenes.
This also doesn't include the vast amounts of normal you would produce and take a loss on.

That's true. I don't want to saturate the base morph market even more. It would be great to breed a new morph like bamboo, but I don't have the money for more expensive morphs right now. That's why I made the thread about breeding other species that are just starting to become more popular. I could buy some cheaper snakes that produce more hatchlings that are popular enough to sell, but not in an over-saturated market.


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[ElliotNess]

There are too many variables but with your plan outline ...no

With careful planning and a solid business plan, you can break even...

[BPavery]

There are too many variables but with your plan outline ...no

With careful planning and a solid business plan, you can break even...

That would be great if I could break even, because the real reason I want to breed is for fun. I'm fine with a hobby that pays for itself!


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[BPavery]

Also, alan12013, by profit I don't mean enough money to live off of. I just want to do something fun and make a few bucks off of it.


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[bcr229]

Biz Year 1: Buy females and their racks, "stuff" (hides, water bowls, feeding tongs, thermometer, etc) and "consumables" (feeders, paper towels, F10, mite sprays, etc). Show loss.
Biz Year 2: Buy males and their rack, their "stuff", and consumables. Show loss.
Biz Year 3: Buy/build incubator and hatchling rack, consumables, and replacement "stuff" if something breaks. Show loss.
Biz Year 4: IN THEORY you could show a profit if the sale of babies > expense of consumables, assuming 1) you don't buy more "stuff", and 2) you don't have any vet bills. It is very unlikely that the sales you make this year will offset the losses from year 1 through year 4.

[BPavery]

Biz Year 1: Buy females and their racks, "stuff" (hides, water bowls, feeding tongs, thermometer, etc) and "consumables" (feeders, paper towels, F10, mite sprays, etc). Show loss.
Biz Year 2: Buy males and their rack, their "stuff", and consumables. Show loss.
Biz Year 3: Buy/build incubator and hatchling rack, consumables, and replacement "stuff" if something breaks. Show loss.
Biz Year 4: IN THEORY you could show a profit if the sale of babies > expense of consumables, assuming 1) you don't buy more "stuff", and 2) you don't have any vet bills. It is very unlikely that the sales you make this year will offset the losses from year 1 through year 4.

This is very helpful. I'm starting to realize the HUGE amount of costs in Ball Python breeding. Thank you.


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[bcr229]

FWIW I run a small business with my husband. I would never turn my snake breeding hobby into a real business, or I would grow to hate it. Not the breeding part, but the dealing with the business part. So, I make sure that I can show that my expenses are always more than my income, even if only by a dollar each year.

[Eric Alan]

FWIW I run a small business with my husband. I would never turn my snake breeding hobby into a real business, or I would grow to hate it. Not the breeding part, but the dealing with the business part. So, I make sure that I can show that my expenses are always more than my income, even if only by a dollar each year.

Sounds like I need to start buying snakes from you in December.

[Thomas Steele]

Sounds like I need to start buying snakes from you in December.

It's a "Never Going Into Business" Sale

[ElliotNess]

If you look at any hobby in hopes to make money, it is no longer a hobby. You have to be in it for the love of it.