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  1. #7
    Telling it like it is! Stewart_Reptiles's Avatar
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    I have talk about this before yes it is possible to make money there are 3 levels

    1/ Having your collection pay for itself
    2/ Making a supplemental income
    3/ Making a living

    The question is where do you see yourself? Do you have a plan? How much will you be investing?

    If you want to make a profit you will need to treat this like any other business and have a solid business plan, you will also need to invest (it takes money to make money). As the market evolves you will need to be able to evolve to as well be smart about what you buy and pair.

    If you expect to make a profit or start a business out of Axanthics, Bees and Super Pastels this will just not happen, between the money you will have to invest and your overhead you will be in the red and will not even break even and that sadly is a reality.

    I decided to breed 10 years ago my goal at the time was simple, I wanted to produce a Pied, at the time they were 7.5K to 10K and I just could not justify spending that much on a pet so I bought a pair of hets (1.2K at the time) and a few other side projects. I was lucky to have my collection paying for itself within 2 years and by year 3 I started making a profit.

    I chose to keep this as a hobby and this hobby has been making a nice profit over the years, I never wanted to make a living out of this but I know people who do and it is a lot of work and things do not always work the way you want them too.

    This is not an easy and fast way to make money and a lot of people fail to understand that, they are not willing to invest or put in the work, they don’t have a plan and most importantly they lack the passion, patience and dedication, look around every year at collection sales and this will give you an idea on how many people try and fail.
    Deborah Stewart


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