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Investing in the Reptile Business
(Written by David Chan)
Anyone can get into the
breeding of reptiles as a business; it can be a large or small operation.
The key to any business is to have a passion for what you are doing. If you
love reptiles, then this could provide you with a little income each and
every year.
Investment Advice:
1)
When getting started, it is best to invest in
snakes in which you have a passion for, this way you can enjoy the ownership
and breeding of the reptiles. It is better to have 2 pairs of say a Salmon
boa than to have only one pair of this and that as the numbers will increase
your rate of success. Focus your efforts on specific breeds as this will
enable you to have quality and not become too diversified trying to breed
everything under the sun. You will have more success by focusing on a
certain bloodline with multiple pairs.
2)
Don’t over extend yourself with too many
animals as you well know it takes time and dedication to provide the proper
caging and environment for each animal. You should be able to spend the
time it takes to take care of them, without over extending yourself. These
animals are a life that deserves nothing but the best from you. I always
say, treat your animals like you wish to be treated.
3)
One of the biggest mistakes we made was when we
first started investing in the snakes, was we ended up buying inexpensive
boas. The time to take care of them would be the same as if we had bought a
more expensive snake and the return would have been much greater. For
example, we started with a purchase of 2 pairs of regular boas, bred them
and ended up with inexpensive boas that few wanted to purchase. Now had we
bought say 2 pairs of say albino boas, we would have been further ahead.
The 2 pairs of original boas gave us a total of 30 babies averaging in price
of say $125.00 each. For a $1200.00 investment we were able to turn that
into $3750.00 versus, nothing to sneeze at mind you but, had we invested
$3200.00 into the albino boas, dealing with the same numbers, we would have
had 30 babies and the return on that would have been $24,000.00. For an
extra $2000.00 the return was almost 7 times the investment in inexpensive
boas. For an extra $2000.00 the return on investment was $20,250.00.
4)
Always buy from reputable breeders as this is
your investment. You want to know that who ever you purchase the snake from
has taken the time to make sure the animals are healthy and well taken care
of. Normally, reputable breeders will aid you when you have any problems or
need some information and advice. Build a good working relationship with
your breeder and I can guarantee you that it will pay off in spades. You
may end up paying a few hundred dollars more than from someone else, but
will you get the service and help when you need it?
5)
It is always better to buy babies than to buy
an adult breeder. Think of it this way, who in their right minds would sell
an adult breeder who can breed and produce babies right away? Many times,
we have seen people make investments in these adult animals only to be
disappointed that either they do not produce for them or the health of the
animal is not at it’s best. Understand that when breeding reptiles and any
animal for that matter, they should be in the best of health and properly
taken care of.
6)
When selecting your breeding stock be sure to
see that the animal has nice clean crisp patterns. Check out the breeders
facilities if they are around your area, if they are not, check out some of
the forums for reptiles and ask about a certain breeder, the odds are, if
they are bad breeders, the word is out there.
7)
Having patience is the key to this game. Think
of it this way, investing in reptiles is no different than any other
investment, it takes time to reach your goals, for those who wish to take
short cuts, the odds of success is greatly reduced, for those with patience,
they will be rewarded with the fruits of their labor. Hopefully this will
be a business that you have great passion for and therefore will be
something you enjoy doing. It takes years to build up a good inventory of
great snakes, the longer you have been in the business, the odds are the
greater the potential of return on your investment provided you are buying
quality.
We hope the advice above
has given a bit of an insight into the reptile business. If there is
anything you would like to know or would like some advice on your
investment, please feel free to contact us anytime, either e-mail or give
us a call. We got into this business as a pet owner first, then the bug bit
us and we now have joined the ever growing business of reptiles. It is our
hope that you will enjoy this great hobby as much as we have and we look
forward in sharing our passion with others. |