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Old 12-30-2012, 07:30 PM
Reef_Geek Reef_Geek is offline
BATfishMAN
 
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there are also activities one can do, not to save money but to bring in money to subsidize your own expenses. By no means, does this typically produce much profit beyond a transaction basis, because a true business would have to consider all start up costs in its operations... thus one can only call it true profit if revenues have exceeded both 1) costs of goods & services of that transaction, plus 2) recovered all start up costs. Technically, it's called margin, where there is excess above cost of goods sold, but not yet considering overhead.

so some things one can do to 'subsidize' one's expenses in the hobby

1) buy a big piece of coral, frag, and trade/sell off surplus
2) grow and frag your own colonies for trade, store credit, or online sales
3) breed fish / seahorses
4) buy used or shut-down deals for further trading / selling
5) go get a business license and buy wholesale for trading / selling
6) write articles and sell first publication rights
7) leverage trade skills, for example, build aquarium cabinets and sell on consignment with a LFS, or make a service fee schedule for building DIY units... such as LEDs, for others
8) aquarium servicing. Weekly fish tank maintenance at offices and homes
9) culture Berghia

PS- be careful. the fastest way to take enjoyment out of a hobby is to turn it into 'work'

Last edited by Reef_Geek; 12-30-2012 at 07:39 PM.
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