DeBree420 Posted December 8, 2015 Report Share Posted December 8, 2015 I loved this discussion, because it really points out why we are in it for the hobby Link to comment Share on other sites More sharing options...
spongebob Posted December 8, 2015 Report Share Posted December 8, 2015 Sooooooo true !! , been there myself, tried doing it for money, not worth it, now doing it for fun and loving it! DAM YOU EVIL,EVIL MONEY , you lured me in and seduced me with your seductive ways, caressing me , stroking me, all the whispers and promises you made to me, you told me you loved me, LIES , LIES the whole thing was lies Link to comment Share on other sites More sharing options...
mbunamad Posted December 9, 2015 Report Share Posted December 9, 2015 (edited) Yes quite often we see noobs join this forum with $$ signs in their eyes asking "which fish are most popular/easy to sell blah blah." They want 6000 tanks 2500 adult fish and bang here we go! Not long after "closing down fish room sale, all fish/tanks/dry goods to go. No reasonable offers refused" He came back to earth with a thud! We all get excited when we start a new hobby and want every fish in the LFS. Then we get over that initial excitement and start to think more sanely. Edited December 9, 2015 by mbunamad just a weeeee lil stuff up Rotarmaster 1 Link to comment Share on other sites More sharing options...
DeBree420 Posted December 9, 2015 Author Report Share Posted December 9, 2015 We all get excited when we start a new hobby and want every fish in the LFS. Then we get over that initial excitement and start to think more sanely. "Some" of us think more sanely Link to comment Share on other sites More sharing options...
ageofaquariums Posted December 9, 2015 Report Share Posted December 9, 2015 Best way to make a small fortune breeding fish...... is to start with a large fortune. LOL Link to comment Share on other sites More sharing options...
tuffy_rana Posted December 9, 2015 Report Share Posted December 9, 2015 Some spp. Would be and exception to the rule. If i had say 1000 azuls... or temensis..... or well there are quite a few money makers out there...... just the experience in the hobby that lets us down. Some cashed up folks end up with beautiful fish hoping they breed....... some folks have the knowledge to get them to breed. Its never going to be a millionaire field..... but making money out of fish can be done......... Link to comment Share on other sites More sharing options...
Lictoga Posted December 9, 2015 Report Share Posted December 9, 2015 I have made more money or should I say credit from selling bn than any other fish I have breed. If you can pump out large numbers that is, but as for making a profit I would have to pay my self 50c/hr Rotarmaster 1 Link to comment Share on other sites More sharing options...
tuffy_rana Posted December 9, 2015 Report Share Posted December 9, 2015 (edited) Ok..... so i breed say...... gold saum rivs. 1m 3 female. I produce 1200 sellable fry in 4 months @ 4cm I sell 1000 to the lfs including interstate @ 2 bux each and 200 privately for an average of 4 bux allowing for multiple purchase discount. They sell for between 10 and 15 bux in the lfs. It really comes down to 2 things...... time.....and knowledge. Its cost me 600 to raise 1200 fish and i have made 2800. And this is a staple aquarium store fish that sells Jmho..... Edited December 9, 2015 by tuffy_rana Link to comment Share on other sites More sharing options...
smicko Posted December 9, 2015 Report Share Posted December 9, 2015 Most of the people that make money from fish breed feeders, guppies and staple lfs fish. There is also money to be made breeding marine fish but the challenge is alot greater. There is a few professional L number breeders that do alright but selling to a smaller market. Cheers mick Link to comment Share on other sites More sharing options...
DeBree420 Posted December 9, 2015 Author Report Share Posted December 9, 2015 Like the guy in the video said, after all his costs were removed, he made in pocket about $8k, but dividing that up by the amount of hours he worked (not including waiting times and advertising) it worked out to about $10 an hour. People tend to not factor in their own time. In the end,even though some people do actually turn a profit, the main motivator is the love for the hobby. Link to comment Share on other sites More sharing options...
tuffy_rana Posted December 9, 2015 Report Share Posted December 9, 2015 Like the guy in the video said, after all his costs were removed, he made in pocket about $8k, but dividing that up by the amount of hours he worked (not including waiting times and advertising) it worked out to about $10 an hour. People tend to not factor in their own time.In the end,even though some people do actually turn a profit, the main motivator is the love for the hobby. Couldn't agree more. I only became a breeder for the challenge and to keep breeds in the hobby that were becoming less common. The hobby is and always will be about display tanks..... but someone has to supply the stock..... and its not done....at a loss ☺ Link to comment Share on other sites More sharing options...
DeBree420 Posted December 9, 2015 Author Report Share Posted December 9, 2015 Couldn't agree more. I only became a breeder for the challenge and to keep breeds in the hobby that were becoming less common. The hobby is and always will be about display tanks..... but someone has to supply the stock..... and its not done....at a loss ☺ Actually sometimes it is done at a loss, just most people don't do the math Link to comment Share on other sites More sharing options...
tuffy_rana Posted December 9, 2015 Report Share Posted December 9, 2015 Actually sometimes it is done at a loss, just most people don't do the math Yes..... just like the real world..... ineptitude is rife in this hobby too Link to comment Share on other sites More sharing options...
Wogboy Posted December 9, 2015 Report Share Posted December 9, 2015 Ok..... so i breed say...... gold saum rivs. 1m 3 female. I produce 1200 sellable fry in 4 months @ 4cm I sell 1000 to the lfs including interstate @ 2 bux each and 200 privately for an average of 4 bux allowing for multiple purchase discount. They sell for between 10 and 15 bux in the lfs. It really comes down to 2 things...... time.....and knowledge. Its cost me 600 to raise 1200 fish and i have made 2800. And this is a staple aquarium store fish that sells Jmho..... What of electricity costs, water costs, maintenance costs etc? Link to comment Share on other sites More sharing options...
Wogboy Posted December 9, 2015 Report Share Posted December 9, 2015 I am not interested in making money, in my opinion if you want to make money it is no longer a hobby. What about paying tax on your profits, I do not think one can say anything about multinationals not paying tax if they are not paying tax for their hobby income. Link to comment Share on other sites More sharing options...
tuffy_rana Posted December 9, 2015 Report Share Posted December 9, 2015 I am not interested in making money, in my opinion if you want to make money it is no longer a hobby. What about paying tax on your profits, I do not think one can say anything about multinationals not paying tax if they are not paying tax for their hobby income. Lol...... read up on hobby income. You may be surprised what you can make......if its not your primary income. riddle me this..... why would i do the work.....without the reward. Im not a real big fan of work..... so if i get outta bed..... im getting paid. All costs associated are in the costs stated ☺ Link to comment Share on other sites More sharing options...
tuffy_rana Posted December 9, 2015 Report Share Posted December 9, 2015 You have to remember one thing i guess. If its a declared and abn run business from home you get alot of benifits. Half the rent....phone etc. All food electricity and water are tax deductible. Loss off stock through mismanagement and disease. Im happy with the 20 bux i make...... after all the time invested Link to comment Share on other sites More sharing options...
DeBree420 Posted December 9, 2015 Author Report Share Posted December 9, 2015 riddle me this..... why would i do the work.....without the reward. Im not a real big fan of work..... so if i get outta bed..... im getting paid. All costs associated are in the costs stated ☺ some of us do it for the love, and to encourage new hobyists, i could have made much more money off fish and birds but i often give stuff away to new hobyists, maybe that person is the one who will make a massive change for the better in the hobby. I'm not in it for the money. Link to comment Share on other sites More sharing options...
smicko Posted December 9, 2015 Report Share Posted December 9, 2015 I would be winning if i broke even for once. I mostly breed shrimp which are used to feed the fish i enjoy keeping. The quality of shrimp is going downhill fast, i have quality lines but if i sold them at the market price I would lose money and still have to buy food for the fish, i am planning to breed a few thousand bn again next year even at $1 each they will cover costs. That's what I used to do but haven't for a couple of years Cheers mick Link to comment Share on other sites More sharing options...
tuffy_rana Posted December 9, 2015 Report Share Posted December 9, 2015 some of us do it for the love, and to encourage new hobyists, i could have made much more money off fish and birds but i often give stuff away to new hobyists, maybe that person is the one who will make a massive change for the better in the hobby. I'm not in it for the money. Neither am i. I like keeping fish. Its a pastime. i have a job....... i dont need 2 I like your ethos of giving..... its really admirable Link to comment Share on other sites More sharing options...
Wogboy Posted December 9, 2015 Report Share Posted December 9, 2015 (edited) Lol...... read up on hobby income. You may be surprised what you can make......if its not your primary income.riddle me this..... why would i do the work.....without the reward. Im not a real big fan of work..... so if i get outta bed.....m getting paid. All costs associated are in the costs stated ☺ I am not motivated by money, plus I hate dealing with so many Clownsville people, especially the local bogans, plus the fish they want are not what I would keep. To be honest, and I am not breeding atm, it would be more trouble for the money I would get back. Hey, but to each their own, it may work out in the city, I have given fry to a local shop but he gives store credit. Last lot of fry were fed to the birds. :-) I do want to setup a small fish room and am currently making plans right now, the fish though will not really be sold, local birds will be fed quite well! haha, more just for me and I will give a lot away. There is [MENTION=8516]none[/MENTION] up in Mackay but he ships to make money, not sure if it is a side thing for the lad or his primary business, good kid though. Edited December 9, 2015 by Wogboy Link to comment Share on other sites More sharing options...
tuffy_rana Posted December 9, 2015 Report Share Posted December 9, 2015 Im sure many forumers would be happy to receive giveaways from generous people. To give without expecting is an admirable trait...... and perfect at this time of year Kudos Link to comment Share on other sites More sharing options...
Wogboy Posted December 9, 2015 Report Share Posted December 9, 2015 Rana, haha, I just don't want Clownsville folk that I do not know coming to my house!! Link to comment Share on other sites More sharing options...
tuffy_rana Posted December 9, 2015 Report Share Posted December 9, 2015 Meet em at the local shops. Link to comment Share on other sites More sharing options...
DeBree420 Posted December 9, 2015 Author Report Share Posted December 9, 2015 Meet em at the local shops. As long as its not your LFS... They hate that Link to comment Share on other sites More sharing options...
