The "Business" Behind Breeding for Profit
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- Опубликовано: 21 окт 2024
- Everyone dreams of making money selling their fish to help support their hobby and to have a little extra spending money, but what does it take to actually make a "profit" selling fish? In this video I discuss the "business" behind breeding for profit, talking about what it take to actually make money, and some things to consider if you decide to give it a try.
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Well done !!! That's the stuff people never think about. To often I hear some one say they bought a breeding pair of fish and the rest is profit. Unless people are unloading a lot of fish I think its safe to say selling fish is only to help support your hobby
Joe's Fish Room Exactly! Thanks for watching!
Very. We’ll said
Great points that are needed to be said.
Love the honesty here, I was considering hobby breading some fancy goldfish and selling them. But then I started thinking about how involved it is, I am not in the hobby for making money, hell I've spent over 6k on it with just my 1planted tank. I was thinking I could get some money back by raising the fry up, but then I had to factor in the good husbandry and culling what isn't healthy. It's just alot of work for so little return.
Best video, everrrrr! I'm not a breeder, but I majored in business. Glad I stumbled upon your vid.
Excellent, glad you liked it!
To the point. I see so many people saying Bristle Nose Plecos and everyone here has a mess of them. We are still setting up the fish room (Yea that is a huge investment) and videos like this really hit home with you have to minimize the running cost more than the initial investment. We have tanks here for pets and then the fish room will be for profit.
A good point based on like you said Supply and demand. Viewers (future breeders) need to get on facebook and join the local fish groups. Be active and make a nice social network. Get to know the future customers. There is a breeder 75 miles form us that wanted a batch of fish here in town. I reached out to the seller and told him I will buy them for her. We did not have tanks ready to take them in so we set up totes for them for the next week. She will be in town in about a week and just happens to have 6 tanks (divided x3 for a total 18x 10 gallon fry tanks) and will be able to bring them to town for us then. A potential customer wanted 1 of the single fish from the buy. I let her know she can have it (after OK`ing it with the buyer). We will likely not even be breeding until the end of the year (6 more months) but from the day we decided this was a business model we wanted to explore we started working on creating future customers. What is really funny is because we got known fast in the community, we are very active (Hence this comment at 4:46am) we have people contacting us day and night offering us fish.
We drove a fellow hobbyist out to pick up a used 55G tank. I saw a large Pleco I was like mind if I grab that? Not only did I get the Pleco I got the other 10 fish in the tank (To big for his tanks and perfect to ad to the breeding program). I picked up 5 Cichlids from another breeder out of town that were getting to big and did not fit her breeding program (these were for pets) She tossed in a couple breeding Prs of convicts and a bunch of babies. I got a call from a Petco they had an abused Oscar and a small Piranha $10 for the Pr. Goodman the Oscar is now a pet and the most interactive Oscar I have ever seen. We got a call to come rescue 50+ Sword tails. We will pick the best for breeding stock and the rest will be traded off. We even helped clean a pond full of nice sized Cichlids (again just to be nice nothing expected) I came home with 22 of them. They are also in the "pets" tanks. On that note people realize you may love Bluegills and Bass (as I do) but not a big LEGAL market for them. We have tanks around the house for Pets and then the fish room is for business. You do not have to give up being in the hobby to be in the business but you have to draw a line between business and your hobby. This is not easy but if you plan everything out from day 1. Set your limits and breed for the profit you can still have the fish you love.
Thank you! Thank you! Instead of charging in the front door and falling on my face, I can now walk in with my eyes open looking for slips and falls!
I started back in the 60's in the hobby. I started with a small setup successfully breeding a few different strains of fancy guppies and angelfish varieties. I'm still doing it as of today and I must say... not for profit! Every dime I earn goes back into the hobby. That's all it still turns out to be, a hobby. Something one does because they enjoy it. Want to make profit with a small scale breeding setup, better find the correct fish for a high demand nitch and produce large numbers quickly. I think to many people think they can make boat loads of money. But as you pointed out in this video, there are lot's of time and expenses to consider.
Wow very informative. You opened my eyes to a lot of things I didn’t consider. Thanks so much for sharing this..
Angelo's Fish Tanks Happy to hear you found it helpful! Thanks for watching!
The selling part is a lot of work. I have not yet started active selling, but I have handfuls of folks ask to buy just from my youtube videos that have nothing to do with selling. Me and my wife work jobs that are almost an hour from the house so just getting the fish to the post office is quite the trick lol.
All good points you brought up. I been in the hobby since I was 8 years old and now I'm pushing 40. This time around I went into it with the idea of selling fish to pay for itself and if there is profit then awesome. I think the most important thing that you touched on is breeding what sales, not what is your personal favorite. For example while I truly do love my guppies endlers and shrimp, if I raised what I really wanted to it would be severums and other american cichlids.
Thanks for the video.
Soooooo many good points that folks overlook! I’m just beginning my pleco breeding operation here in MA and this video helps a lot! Couple quick questions for you:
What size are the tanks on your rack?
What do you pay roughly per month to heat all the tanks individually?
Are they all separate or running on a sump?
Thanks a lot! PS: bet you didn’t think 2 years ago when you made this that gas WOULD end up being cheap lol!
Nice video man you just earned yourself a new subscriber.
Welcome to the channel, thanks for watching!
Great video. Everyone seems to focus on the breeding aspect. If you want breed fish for profit you need to understand basic business principles. My problem is finding places to sell the fish. When they built Petco all the family run pet and aquatic stores went out of business. Too bad because this small Petco can't compare to the fish room that they replaced. I could breed a nice supply of fish, but without the demand for them and local buyers there isn't money to be made. Shipping live fish eats the profits. Good tips for any small business startup.
Awesome video man, this is more of what I think about when I think breeding for profit, which is why I always say I loose money breeding but enjoy it
Thanks man! Yeah I think most hobbyists would be happy to just break even with their fish rooms! Lol. Thanks for watching!
Very informative video. Not looking to breed for profit but good to know the stuff for the future
Thanks!
This was insightful and informative. If/when I brave the "fish 4 profit" adventure, I'll be sure to start off as a break even kind of business and then gradually rise to the profit side of things. Seriously, all businesses should operate with the client's continual happiness as their primary motive...not just grabbing for more dollars. After all, if your clientele is uninterested in your stock...YOU ARE SO SCREWED!
wyzemann Glad you enjoyed it! I agree it would be nice if more companies were customer focused instead of worrying about their bank accounts and how many bonuses they can give themselves.
Well covered! There is a huge gap between selling and profitability, which you clearly pointed out.
Thanks man! Yeah, I had been seeing a lot of "breeding for profit" videos, but no one was really talking about what it takes to truly be "profitable" doing it....lol. Thanks for watching!
Which species you can't get enough of in the US and would be willing to import.
Awesome and comprehensive sharing....Congratulations !
This was very helpful, thank you!
VERY WELL done thank you for ALL the aspects of just what all it takes to make something out if a hobby.
You're welcome, glad you liked it!
@@TheFishGuy I'm "THINKING about raising guppies for a SMALL hobby business but
don't really so say have the space for a lot of tanks JUST yet, cause I live in a 24 X 24 cabin
& 10 ft of the space is my kitchen bath/shower area & what's left is the other 1/2 of the cabin
I have a few tanks 1-30 gal 4-10 gals 2-55's so that would be a GOOD start to get them going
I am in a few guppy groups on face book & I've watched a TON of video's on everything I could
find on the subject so I think I have a GOOD start with just 2 males & 6 females OR DO I??
Sounds like you have plenty of tanks to get started with breeding some guppies! Id so go for it!
@@TheFishGuy I'm working on it just trying to get the funds to get the stuff I need to make it happen.
Hello i,m happy to youre good tips about this kind of frofit im just a biginers guppies keeper and i glad hear that tips thank you i hope by following youre way gets me successfull guppy breeder someday godbless bro
It's a point we should really think about, it's really useful, I'm selling black Moscow n other guppies, it's been hard but it works well I made a good amount of money, thnx man it's really useful
I am growing out java moss and etc a lot of plants which makes the most money fish was danios and sponge filter the moss grows in a 30g bucket outside and when the bucket is filled with plants I would have $300-600 in store credit ny lfs only pays in store credit and I will get a breeding setup for SSS+ grad CRS shrimp and subwassertang and another tank with rare show quality guppies which will generate $300 in 6 months and build up an empire the bucket tank verrryyyy low maintenance the sun is the best light source and bugs feed the fish algae feed fry
Breading fish is something you do because you love it. All of us that have done this that are successful have started it as a hobby. To just go out and make an investment because you think your going to make money you will be very disappointed.
Good info thanks!!
I really appreciate this video
I have been talking to a few people on the guppy fish groups on what THEY doing & how they doing things
to sell & I have got a PRETTY good idea about how it works being I'm new to the selling fish idea & all, I have
done some research on things I'll need on if I sell online & how much the stuff I need is gonna cost to do it
& kinda getting that all set up to go for when the time COMES so I have it all & so forth. The ONLY thing I'll
need to do is get my guppies going strong & enough OF them to show a GOOD quality of them to people
& as far as going to my LFS well that's out cause we don't have any :>( & there's BARELY any buyers OR
sellers in my area so competition isn't a issue. but I will do this & think it WILL work, is go straight M/O's
no checks or pay pal or anything like that & I'll HOLD the M/O for 7 days JUST in case I have a D O A issue
& I can cash the M/O & put it in THEIR name & send it back OR resend them some more fish on ME.
I know this isn't the same thing but I use to sell rabbits as a hobby thing I got into so I know a little bit
about how treating customers comes hand in hand to sell to get things rolling as a word of mouth to
get the word out to get your next sell & so on I have a SO SAY way of how I want this to go but it ALL
depends on the way things go I know it's not going to be a OVER night thing with this it will take time
so I'm in it not JUST for the money but more as a hobby to make some side cash from them as I grow.
I appreciate all your info it was a BIG help to me along with all the other info I've gotten along the way
so right now I'm just biding my time till things start really going in the tanks which is small & slow amount
I don't have that many females haven't been in it that long, but I'm BUILDING on it little by little as they grow.
what if there are no LFS within 100 miles if you only big box? they usually won’t buy from LFB’s
Depending on the demand for fish in your area, there may be a huge opportunity to fulfill that demand. Instead of getting whole sale prices for your stock, you maybe able to demand a premium by selling directly to the potential customers who are also 100 miles from a pet store. Advertising is cheap to free on the internet where you can target your potential customers.
On the other hand, if you live in a sparsely populated area with potentially very few customers, then the odds of success will be harder. You will have to really work hard on the quality of your stock to entice customers to pay for said stock and shipping costs as opposed to the walking into their local pet shop... good luck
@@HarrisonCountyStudio I live in a sparsely populated area but I have a good way of
making things happen I started in the guppy hobby & well I think with the fishing
trend we have in our area here, selling MUTT guppies could be a GOOD idea cause
they are cheaper than shiners & NO ONE sells feeder guppies around this area??
Try a local fish club and get your name out there.
@@nickferdinande1646 we don't have none of THEM either.
Considering all those things, return is not much great. Then, how to make a huge profit in breeding fish.Some aquarist doing this as a full time job and got a lot more profit.
You know what you talking about,great work!
Thanks man! Good job! 👊🏻
I’d watch the whole thing but the ad pop ups are just ridiculous. Made it half way and got annoyed of how many more may come.
Great vid on the topic.
Great video on breeding for a profit
Thank you!
Yeah man really nice..."profit" I think is outta my reach for now. Paying for food would be nice or covering the water bill.
KPAquariums Every little bit helps! Thanks for watching!
I'd like to make enough to further my hobbie.
I am so glad that I came across this video. I am planning a guppy rack and at some point a betta rack. The tanks I was planning for were just the breeding and trios and babies for those lines I would have. Something so simple as weeding out the "not so quality fish" was overlooked. I do believe you saved me some much unwanted hassle later by adding that for the extra tanks.
Good video very informative!
I want to breed tarantulas and this video helped
good video.Nice shirt! Where can I get one that says sleepy???
Robert Cheever Haha, thanks! Found it at a second hand store a couple weeks ago lol.
What about medicine solution when your fish get sickly sick ?
Not quite sure if I'm following the question. Are you asking about what medicines I use specifically, or what happens when a fish becomes sick in the system?
Informative! Thank you!
No problem, glad you found it helpful. Thanks for watching!
good
Hahahaha! Sooooooo true! It's a good thing I love this HOBBY!
ScownTown Aquatics Its a labor of love! Could be far worse things to be doing with our time and money....haha
Thanks for the effort but downvoted. Why noone is using real numbers? I mean, if you buy your fish 50 cents or 70 cents i dont care, but I would like to know if it is like 50 or 20. And if the aquarium racks cost you 1000 or 1100 i dont care either. But I want to know if it is on the 1000 mark or the 300 mark or the 2000.
You forgot to say this hobby has to be fun too. otherwise you wont last
Alot of overhead. Need alot fish tank
Aquarium co-op explained it better in my opinion thank you for posting it though
Put video on 1.25x speed. Tank me later. Good content thou