- Tim's Homestead Journal - Purchase a copy of Building a Better World in Your Backyard - Purchase 6 Decks of Permaculture Cards -
- Purchase 12x Decks of Permaculture Cards - Purchase a copy of the SKIP Book - Purchase 12x copies of Building a Better World in your Backyard
Timothy Norton wrote:Could you possible do both to start? Your main business to start (or keep doing) would be your appliance repair business and you could dip your toes into the nursery business? This would at least keep income flowing for you as you figure out the ropes with plants. Then you can eventually transition fulltime into the nursery IF you find that you are having success.
I personally would have a hard time taking a risk when I have an almost guaranteed cash flow from something that I already am familiar with.
I also believe that you can successfully flesh out a nursery business on the side without too much overhead especially if you specialize in something such as fruit trees, bushes, or even something like native plants. I know of a local who only works with fig tree varieties and does well on Etsy.
Ryan Burkitt wrote: I considered that, but I figured that would be too much at once. Plus I’d rather commit fully to one business. Appliance repair takes a good deal of investment and equipment. I could turn a profit quicker, but it would take a good 3-5 years to establish a full time business.
- Tim's Homestead Journal - Purchase a copy of Building a Better World in Your Backyard - Purchase 6 Decks of Permaculture Cards -
- Purchase 12x Decks of Permaculture Cards - Purchase a copy of the SKIP Book - Purchase 12x copies of Building a Better World in your Backyard
Timothy Norton wrote:
Ryan Burkitt wrote: I considered that, but I figured that would be too much at once. Plus I’d rather commit fully to one business. Appliance repair takes a good deal of investment and equipment. I could turn a profit quicker, but it would take a good 3-5 years to establish a full time business.
I can't fault you for that one bit. I tend to be quite risk averse when it comes to financials but that does not mean that it wouldn't work. You know the specific details of your lifestyle the best! Outside of the business side of a nursery, how do you imagine you want to stock your nursery? Seed starts and/or propagation? Have you thought about the infrastructure you may want such as greenhouses or air pruning beds? What ideas do you have currently for a vision?
This is all just my opinion based on a flawed memory
That last thought came to mind after watching a podcast with Paul Wheaton and a guy who started a homestead in Costa Rica which became a hit on WWOOF. What also comes to mind is a page from the PDM (or was it a classroom lecture from his PDC?) where Bill talks about the value of setting up a gardening service where you go around helping and teaching people how to setup a garden. Such a business could probably be run out of a van/truck and a garage. The thinking goes further; say there's a country which offers you a passport and 0% tax scheme by investing in their country through a business venture - setup a gardening service business and help people in that country get up and running growing and eating their own healthy food!The best way forward is going all the way charge!
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