This article is part of the series on how to start a catfish farming business.
We’re finally getting into the practical aspect of this series, and today’s article will be showing you how to prepare your pond.
Author: Bamidele Onibalusi Page 2 of 6
Bamidele Onibalusi is a blogger and entrepreneur. He runs this blog, owns popular writing blog Writers in Charge, and has been featured in several publications including Forbes, The Huffington Post and Digital Journal among others.
As someone who teaches others how to spot and take advantage of profitable business ideas, I’m very particular about the businesses I venture into.
I got into business a few years ago through my online business, and the profit margin witnessed from my online business was so astronomical that I made up my mind not to go into businesses that aren’t very profitable.
By rule, I only invest in businesses with a profit margin of up to 100% typically within a year or two; I can make exceptions and invest in businesses with a profit margin of around 50% if it requires large capital upfront and can yield returns within a short period of time (I mean, months).
This is the third article in the series, how to start a catfish farm, and I’ll be going over the requirements for starting a catfish farm.
Catfish farming is very unique in that it requires some serious upfront investment, depending on the scale you want to start with, so you need to make sure you get a lot of things right before you start.
Here are some of the requirements when starting a catfish farm:
This is a list of design blogs that accept guest posts, verified for 2015. The list contains a total of 25 sites at the time of publishing this article.
Since the aim of this blog is to give you profitable business ideas, I’ll let you in on a key secret:
One of the fastest and most stable ways to be rich is by being in the business of feeding others.
It is that plain and simple.
Every other business model can easily fail, but the business of feeding others never will. This is because we always have to eat, and the rate of food consumption of the human race keeps increasing predictably and dramatically every day.
While having the right business ideas, strategy and execution matters, something much more important that many people ignore when it comes to building successful businesses is this:
PRINCIPLE.
Successful business owners are guided by certain principles and rules, and often these rules end up influencing their success.
If you want to build a successful business in this 21st century, you need to live by these rules; they’re kind of like the 10 commandments of building a successful business.
Before getting lost in the success and motivational stories of really successful businesses, it is important to come to terms with reality first; before you can focus on your startup, how do you cater to your immediate financial needs?
Without having to get a job you hate and without having to sacrifice the bulk of the time you could dedicate to your startup, this article shares 3 powerful ways to earn side income while building your business.
While more traffic isn’t necessarily synonymous with more revenue for your online business, the fact remains that traffic is always the starting point.
There are many ways to get traffic to your business website, and you’ve probably heard a lot of people recommend having a content marketing strategy or starting a blog at one point or the other. If you have been blogging for more than a few months now, though, you’ve already realized that this isn’t as easy as it is made to seem.
If your business blog is still struggling to get hundreds of visitors monthly after months or years of effort, it is a waste of time AND resources; you should either abandon that blog or fix what is wrong with it.
The concept of content upgrades started to become popular last year, and reading Brian Dean’s article on content upgrades finally sold me on the idea.
Using content upgrades, Brian Dean was able to increase his email opt in rate by 785% in one day.
Update: It’s been awhile since this article was published, but the total number of subscribers has increased to a little over 2,000 subscribers in 4 months since starting the experiment; this does not include those who unsubscribed.
Late last year, thanks to Kim Roach and Brian Dean, I discovered a secret to getting more subscribers from my blog.
I decided to take action and implement what I learned on my other blog and the result blew me away:
I got 1,000+ EXTRA subscribers within 2 months of making this change and today, at the time of writing this article, will make it exactly 2 months and 8 days since I implemented this change. The result? Approximately 1,200 subscribers from just 3 articles on my blog.