I have read the MF and Unscripted and want to start my first startup. I am thinking of going into the vermicomposting industry as my country specialized in landscaping and the products they offer for plant are mostly water based nutrient sprays .There’s only 1 or 2 companies offering compost fertilizers but they are not really into the business of nutrients as they mostly renting plants for events or are in the farming sector and compost fertilizers are just another source of revenue for them I think.
The problem here is that i have little knowledge of the industry, whether it is a real need and how to set up. Here’s what I plan to do for the following months.I order a batch of worms and test out prototypes of various feeds and setups to see if feeds affects the quality of the compost , at the same time learn as much as I can about more of the industry ,then harvest the compost and sell it out to my local facebook groups and see if there is a market for it. Once I verified that I had a market and I had learn more of what I need during the months, I plan to start a business around it. Or is there a better method of starting out?
The problem here is that i have little knowledge of the industry, whether it is a real need and how to set up. Here’s what I plan to do for the following months.I order a batch of worms and test out prototypes of various feeds and setups to see if feeds affects the quality of the compost , at the same time learn as much as I can about more of the industry ,then harvest the compost and sell it out to my local facebook groups and see if there is a market for it. Once I verified that I had a market and I had learn more of what I need during the months, I plan to start a business around it. Or is there a better method of starting out?
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