Wed, 11 September 2013
011 - Permaculture Based Business. Growing Mushrooms, Building Soil, and Shooting to Gross $100,000 Per Acre.
What if you could gross $100,000 per acre in a small sustainable agriculture operation? You could make a good living and/or you could afford to pay someone a decent wage. If you can gross roughly $2.50 per square foot, per year, then that translates into a gross revenue of $100,000 per acre, per year. How can permaculture techniques be used to accomplish that goal?
Chris Young of SoCal Shrooms and Closing the Loop joins me to talk about just that. His goal is to show that you can gross that $100k so you can hire one person to work an acre of land and pay them a good wage to work it. He aims to achieve this by reducing input costs and stacking revenue generators, all while improving the quality of the land and producing a high quality product.
Key Takeaways from this Episode:
-If possible tap into an existing distribution network. This gets you contacts right out of the gate.
-Get more out of the same amount of land. Property taxes will go up the future, water costs will go up in the future, and more and more land is being developed away from farmland. So try to be more productive on the same amount of land while improving the quality of that land.
-Consider the cost of your own time in the business. And pay yourself.
-You have to do the real numbers for you business.Don't fudge them. The numbers won't lie. If something isn't working, then look at the numbers and see where you can start making changes to make the numbers work. When you have exhausted all possibilities, then it is time to move on.
-Start broad and control your risk at the beginning. Then look at the numbers and refine down overtime to optimize each system or business.
-Celebrate the small victories. There is a lot of drudgery that goes along with business and farming, so enjoy the good times.
Show Notes: permaculturevoices.com/11