Fifteen hundred dollars, twenty thousand dollars, even fifty thousand dollars,
which would you rather make?
Today, even if you are super self-reliant and self-sufficient you still need a bit
of money. Property taxes, car truck registrations, cell phone, there are a few
things we all need money for. Making money from home to provide for your needs.
The question I hear the most often is, how can I be self-sufficient and make
a profit from a small home-based business?
Would you rather make fifteen hundred dollars,
twenty thousand dollars or fifty thousand dollars, doing basically
the same thing from home? Here's the key, one thing to focus on in your business.
Always remember you do not get paid for your time.
Yes, working hard is important. But you make money and therefore a profit when
you bring value to the market. The more value you add to your product or service
the more people will want to pay more money for it. For example, we homestead
and have chickens. If I were to ask people how can I make money?
What can I do to make a little extra cash? You would say, sell eggs!
Without getting all algebra-e,
what kind of profit can we make selling eggs? Good question.
Where we live we sell eggs for $3.50 a dozen. Three dollars and fifty cents.
Chicken food cost about a buck twenty-five per dozen. A nice carton like this one, another
fifty cents. And oh let's say 25 cents for other needs bringing our costs our
expenses up to two dollars a dozen. Meaning, we are making one dollar and
fifty cents per dozen eggs. A buck fifty. Now, you are thinking okay that's all
fine and dandy but how much will we make in a year? We have sixty chickens laying
200 eggs a year, with twelve eggs in a dozen, it works out to one thousand dozen eggs.
Wow! A thousand dozen eggs per year.
A thousand seems like a pretty big number. Remember how much do we make per dozen?
A dollar fifty. A buck fifty times 1,000 is $1,500.
Sixty chickens, cleaning coops, watering every day,
feeding every day, collecting eggs every day. Working 365 days a year
for 1,500 bucks. Doesn't sound so good now does it. So how can we add value?
How can we get people to want to pay more money, a lot more money, for the same eggs?
We make money bringing value to the marketplace. So, how can we bring more
value and therefore make money with eggs? Selling one dozen farm-fresh eggs for
eatin gets you three dollars and fifty cents. Selling this exact same dozen eggs
for hatching chicks gets you twenty dollars or even more and you don't need
the fancy box. So even more profit. Now your one thousand dozen eggs is
generating twenty thousand dollars profit. Let's say you hatch the eggs and
sell the chicks this adds even more value. Depending on the breed you should
get $3 $4 $5 or even more. So this same dozen eggs, your one thousand dozen eggs
per year is now generating fifty thousand dollars.
Wherever you live, whatever you do to make money.
Ask yourself how can I add value to generate
more money in my pocket. Sixty chickens laying the same one thousand dozen eggs,
depending on the value, fifteen hundred twenty thousand or fifty thousand dollars.
It's up to you now don't put all your eggs in one basket we do
a little of all these methods.
And fancy chickens don't cost any more to keep than regular chickens.
So, have a question about the ways I add value?
Have a question about the ways you can add value? Ask in the comments.
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The goal is being self-reliant, the goal is being happy
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