I'm also starting up africans in buckets with your updated 400 per bucket system, I have my 1,000 worms shipping confirmation so they will be here in a day or two.
I want to get into selling castings, Lets assume I have built your harvester 200 from the plans, and I have a reasonable size shop to work in.
My goal is to sell 2,000 pounds of worm castings for 1.00 per pound per month for a total income on 2,000 dollars.
the 400 worm count system seems to yield ( from reading ) about 4 gallons of castings per 2 week cycle. about 15 pounds. That would mean I would need to harvest off 133 buckets per month, so with 66 buckets ( round up to 70 ) so with 70 buckets in full production I should yield just over 2,000 pounds per month of castings.
Costs should be about 20% of income, so I am projecting 400 dollars of costs for bedding, feed, and overhead of heating a room etc.
Is it reasonable at these figures to rotate a 70 bucket system, 35 buckets per week. so each week I have to harvest and set up 35 buckets.
what sort of time would it take you to take down 35 buckets, harvest them with your new 200 system, set them up with new bedding, sort the cocoons, put them in an incubator, and finish out the process as outlined in your eBook???
it's easy to assume a few inputs and project income, but the time factor is hard to make a guess at.
I would guess it would take an average of 20 minutes per bucket max, so 35 buckets would take about 700 minutes, so thats 11.67 hours of labor per week to produce about 1,600 net profit, thats a total of 46.68 hours per month, for about 34 dollars per hour income.
I tried to do all the work here rather than just ask you an open ended question and make you take the time to explain it all, can you please tell me where in this model I am way off????
or is this about right,
what efficiency of scale can I anticipate?? doing 35 buckets may average about 12 hours, but I bet you could do twice the buckets in less than twice the time, how much time would 70 buckets take???
I am a one man show, and could hire help, but lets assume i am alone.
thanks again, Justin
if my income projections are close when I get to 70 buckets per week I can quit my job!!!! I hate my boss,
( i'm self employed, I get the feeling my new boss won't be any more fun than my current boss)
You have been a huge help and have given me hope to continue to work from home, it's been a tough few years.
Thanks for all your time, you have earned a loyal customer.