I became a member just to-day. I was intrigued by this business plan. I've three college degrees including a degree in Civil Engineering and two degrees in science. I do not understand any thing this person is saying. I forgot his name. So I'm sorry I'd not be able to refer to him by name. He starts by saying that he wants to make more than he is making now. So he wants to make $120,000. That is great. I understand that. But how does he come to 12 families of 4. Are all these 68 persons going to have to slave for him to make $120,000. I mean this is how I think about it. I want to make $120,000. I want to do it by buying dairy cows and milking them. All I'd have to decide is how many dairy cows would I need to make $120,000 in year. That is all there is to do to make $120,000. I know one thing. I can't do it by buying only seven cows and I won't need 12 families to do it. I'd have to start with just my family. My case is simple. I live alone. So there is only one person in my family. Not 48 persons in my family. And I know that I won't buy a cow that gives less than 60 pounds of milk a day. Probably I'd have to milk her four times a day to get that kind of milk and I'd have to milk her four times a day. What farmers do not know is that cows hoard a lot of milk. It is not that they do it intentionally. But they end up doing it because of a hormone that they need for the milk to come out of the tissue that composes the inside of the udder of the cow. The hormone releases the milk by causes a reaction like expansion and contraction of the tissue. If the hormone runs out the reaction stops and the milk gets soaked back in to the tissue. You can get more of the hormone by stimulating the udder a little after previous milking. Any way I could milk the cow four times a day and reduce the hoarding. Ideally I'd like cow that produces 100 pounds of milk daily. For the uninitiated there are 9 pounds in a gallon of milk. To buy a cow that yields 100 pounds of milk daily I'd have to spend twice as much as I would have to pay for buying a cow that gives only 60 pounds of milk daily. I believe I could make a profit of $1 per cow per day. To make a profit of $120,000 per year I'd have to make $300 worth of profit every day. So I'd need about 300 cows. I'd need a capital of about $600,000 for buying the cows alone. I do not think I'd need the acreage that our friend mentions. But I'd still need atleast 50 acres of farm land. I'd need to build a barn that I could do cheaply. Just a barn with a roof to shelter the cows from rain to keep them dry. But you still need a lot of columns to support a roof for such a barn. I'd need a milking parlor and a holding area where the cows wait to get milked. I'd need milking equipment. To cut the long story short I'd need $1,000,000 to produce a profit of $130,000 on it. It is only 8% pf the capital needed. I do not think I'd be able to get any body to invest in my venture. If I could show that my venture would make a profit of 30% over a year I might be able tget some body to invest in my venture because 30% is a good return on the money. There are a lot of greedy people in the world. I know I could find a greedy person who knows that I'd be able to make only 8% of profit. The 8% is just a guess. I might actually make a loss of 20% although I think I'd make a profit of 8%. I mean there are a lot of risk factors that would make it foolish for any body to go in to milk farming knowing that the business could make 8%. If I'd my own capital which I do not I could still go in to the business because of the subsidy that uncle sam gives to the farmers. This is my business plan. I do not need to have 12 families of four to produce $120,000. All I need is one million dollars of hard cash. This is my business plan. If some body wants to risk his million dollars I'd work for him. All he needs to give ma is a salary of $2,000 per month.
