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City Boy Moves To The Country & Needs A Business Idea

Discussion in 'Business Forum' started by CCF, Feb 25, 2006.

  1. CCF

    CCF

    260
    0
    Jan 13, 2006
    Broken Arrow, OK
    Like the title says, I'm pretty much a city boy, but have recently moved to the country on a 10-acre lot. Minus the house & the way the land is situated, I have about 8 acres to work with.

    My question is simple. How can I use that 8 acres to make money? I want to put the land to good use, but I really have no idea how to go about it. I'd be willing to do just about anything. Any ideas? I'd really appreciate any & all suggestions, because like I said, I'm basically clueless at this point. Thanks.
     
  2. DBradD

    DBradD

    2,848
    0
    Apr 24, 2005
    Kentucky
    Some ideas:

    1. Ginseng (dried roots, seeds, rootlets for replanting)
    2. Genetically superior black walnut timber plantation.
    3. Other medicinal herbs (not ones like chamomile which requires zillions of acres and expensive equipment)
    4. Christmas trees
    5. Tree nursery
    6. U-pick berries

    You must have the right soil conditions and, for 1 and 2, must be able/willing to stay there for years (8-9 for item 1 and 25-35 for item 2).

    Items 1 and 2 are complementary because ginseng grows well under black walnut trees. I've done #1 and it was not difficult or very expensive to start. I'm confident that I would've made this into a great side income ($40-50k/year) if we had not moved to another state.

    Ample info is available online for both of these and feel free to contact me if you want more of my info.

    Oh yeah, almost forgot to include my broken-record advice: Go read Rich Dad Poor Dad if you haven't already.

    DBD
     


  3. CCF

    CCF

    260
    0
    Jan 13, 2006
    Broken Arrow, OK
    Great ideas & will check into them all. I may contact you, as well. Will also read the book. Thanks, again. :thumbsup:
     
  4. CCF

    CCF

    260
    0
    Jan 13, 2006
    Broken Arrow, OK
    Any other ideas? Maybe breeding some kind of animal? Any & all ideas would be greatly appreciated. Thanks.
     
  5. Allman

    Allman

    426
    0
    Jan 3, 2006
    Colorado
    How country are you? And what are zoning restrictions? 8 acres should be enough to do a small horse boarding operation if you are fairly close to a city.
     
  6. DBradD

    DBradD

    2,848
    0
    Apr 24, 2005
    Kentucky
    You might think of adding a dog kennel too if you think the demand is there. I'm thinking seriously about doing that if I stay in my current location for the long term because there is only one vet that boards animals and reservations must be made very far in advance because it's practically always full. It's a college town, so it's mind-boggling to me that nobody has done this already.

    DBD
     
  7. CCF

    CCF

    260
    0
    Jan 13, 2006
    Broken Arrow, OK
    I live in a suburb of Tulsa (Sapulpa) & out of the city limits. No restrictions as far as I know. I believe a horse boarding operation would be a good idea for this area. I'll google it, etc., but any other info you know of that can get somebody started? Thanks.
     
  8. CCF

    CCF

    260
    0
    Jan 13, 2006
    Broken Arrow, OK
    You mean for people who need a place to keep their dog(s) temporarily? Another good idea. I'll check to see how many other dog kennels there are in the area. There might very well be a need for that service. Other than the internet, do you have any other info about a starting a kennel I could check into? Thanks.
     
  9. Specialty vegetables: peppers, lettuces, etc. I've read rule of thumb to be $10,000/acre. Must first secure local market, upscale restaurants, organic produce stores, etc.
     
  10. DBradD

    DBradD

    2,848
    0
    Apr 24, 2005
    Kentucky
    Exactly. Say I want to go out of town for a business trip and need to put my dog somewhere. It's hopeless here.

    I don't know squat about starting a kennel - just that there seems to be a void in our market. It might be fun to fill it, especially because I like dogs.

    DBD
     
  11. GlockSpeed31

    GlockSpeed31

    342
    1
    Oct 29, 2003
    S. Atlanta GA
    Also, might want to check out raising Alpacas (sp?) or Llamas. From what I understand, not too expensive and somewhat enjoyable.

    Best of luck,
    GlockSpeed31
     
  12. CCF

    CCF

    260
    0
    Jan 13, 2006
    Broken Arrow, OK
    thanx for the idea :thumbsup:
     
  13. CCF

    CCF

    260
    0
    Jan 13, 2006
    Broken Arrow, OK
    I like dogs, as well. I'm definitely going to look into it. Thanks, again. :thumbsup:
     
  14. CCF

    CCF

    260
    0
    Jan 13, 2006
    Broken Arrow, OK
    I've heard of those two things & it seems it can be a good way to make money. I'll have to check it out. Thanks. :thumbsup:
     
  15. First, consider whether you want the land to work for you as direct income or as passive income. A passive income idea may be to build horse stables, and lease it out to others who will manage and board horses for income. Direct and active income may be to run it yourself. For me, the road to a better life style is to always add passive income only, unless it is going to become your full time commitment.

    I know there are people who breed and import supremely titled German Shepherds. They use their land for training, boarding and all things GSD. The big money comes in when they stud out their males for $1500 - $3000 per breeding. Sometimes 5 - 10 times a month. Of course, that kind of demand is only generated by having a stud that is worth $100k or more, and a stud with all the titles that go with it. And, it is a lot of work and definitely not a passive endeavor.
     
  16. CCF

    CCF

    260
    0
    Jan 13, 2006
    Broken Arrow, OK
    Good thoughts, TurboRocket. :thumbsup:

    Anybody know anything about running cattle? The guy next to me started out with a dozen head or so (recently had a few calves) & doesn't have much more land than I do. I have 10 acres with about 8 suitable for pasture. He's not too friendly or I would approach him about his operation.

    I don't really know anything about the cattle business. How many head could I have in 8 acres? How much could I make per head? Obviously, it wouldn't be my primary income, but I'm wondering what I could expect. I'd appreciate any help or suggestions. Thanks.
     
  17. I LIVE IN THE TEXAS PANHANDLE AND HERE THE GENERAL RULE IS 1 HEAD PER 8-10 ACRES. YOU DO HAVE ENOUGH TO HAVE A COW FATTEN IT UP AND HAVE ONE GOOD, HOMEGROWN BEEF SUPPLY. YOU CAN SAVE A BUNDLE OF MONEY ON MEAT BY DOING THIS. IF YOU DONT HAVE THE FREEZER SPACE, SOMEONE YOU KNOW IS USUALLY QUITE HAPPY TO PAY THE SLAUGHTER FEE FOR A PORTION OF THE TAKE. THESE DAYS KNOWING WHAT GOES INTO THE FOOD YOU EAT IS PRICELESS AND PEOPLE KNOW THIS. THERE IS ALOT OF GOOD ADVICE POSTED SO FAR, ALOT DEPENDS ON HOW MUCH TIME YOU HAVE TO COMMIT TO THE TASK. GOOD LUCK. TROY
     
  18. I raised llamas. Lost my shirt. Bought high, sold low. No market for babies. Finally sold off at auction, sent breeding male to butcher (so as to not have total loss).
     
  19. binderd22

    binderd22 Ain't Skeerd

    18
    0
    Apr 18, 2006
    Loganville, Ga
    It would really depend on what markets are hot in your area with a little of your own business background included. A lot of people have posted very lucrative suggestions, but it's going to depend on you & 1)how much work you're willing to put into it 2) working capital available and 3) how quick of a return are you looking for. Best of luck in whatever you choose ! :cowboy:
     
  20. amd4me

    amd4me Coffee Snob

    332
    0
    Jun 23, 2006
    Santa FE NM
    Excellent idea.
    They are smarter than horses and follow you and respond like a dog.
    Their wool is worth ALOT!
    And they make good pets and are a great business venture.