Hi, some time ago I bought 9000 square meters of agriculture land (approx 2.2 acres for people accross the pond 
) because it was a bargain in comparison to normal land prices here.
I've always wanted to start a business outside my profession (programming) and here I saw the next possibility.
I need a second pair of eyes to validate the plan and maybe judge if it has a fastlane potencial. This would be my first attempt in this area and I'd try it out with a smaller sized bite.
Idea: Growing and selling greens and/or products in todays rising food price markets.
First attempt: Selling Arugula to restaurants.
Action plan:
Arugula is selling in stores for cca 10€ per kg.
Wholesale price (not sure yet) but lets say 5€ per kg.
Dilemma:
) because it was a bargain in comparison to normal land prices here.I've always wanted to start a business outside my profession (programming) and here I saw the next possibility.
I need a second pair of eyes to validate the plan and maybe judge if it has a fastlane potencial. This would be my first attempt in this area and I'd try it out with a smaller sized bite.
Idea: Growing and selling greens and/or products in todays rising food price markets.
First attempt: Selling Arugula to restaurants.
Action plan:
- Prepare the field
- Cultivate the land
- Find buyers
- Plant part of the field each weekend (for 5 weekends)
- Start harvesting first crops (5 weeks should be timeframe for Arugula) for the next 5 weekends
- Start selling arugula after each harvest
- Tool shed to store tools - not yet calculated
- Trips to and from the land
- 80km (cca 6L x 1.5€ = 9€) per trip
- Seeds - not yet calculated
- Watering - not yet calculated
- Fertilizer - not yet calculated
Arugula is selling in stores for cca 10€ per kg.
Wholesale price (not sure yet) but lets say 5€ per kg.
Dilemma:
- I add up all the one time expanses, calculate needed surface (with expected yield in mind) and add up operating cost for calculated surface and get a figure X. Everything beyond that surface X (minus the operating costs for it) should be a profit. Right?
- Right now I'm just trying to start a business venture with no worries about much profit but of course if this proves to be a valid idea, could it have some fastlane indicators?
- My idea is to use cultures that don't require much of my time
- Anything that can be automated - should be
- Go there as rarely as posible
- Start with creating added value products instead of selling only raw materials
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