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Nairaland Forum / Nairaland / General / Agriculture / Hidden Truths About Catfish Business!!! (1507193 Views)
Hidden Truths About Catfish Hatchery Business !!! / Hidden Truths About Plantain Farming Business / Catfish Farmers Lets Talk About Catfish Smoking (2) (3) (4)
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Re: Hidden Truths About Catfish Business!!! by atoleybaba(m): 11:38pm On May 19, 2020 |
Weedsmoker:funny thing is u just highlighted why he should fail in the first place ...number 1 cos he has plenty money, and fake thieves that call themselves consultant sees him has maga and jjc, they will def.exploit him. Personal experience, when I first joined the farming business, consultant chop my money no be small on top set up. He use me buy car sef. Any small thing he go charge me he even parley with market woman that bought my fish so has to get his cut.your brother problem was that he is so rich that he keeps dropping money without really studying what is going on in his farm. He would not notice cos he had the money to spend, but people where extorting him and shortchanging him and ofcourse selling his fish. Come to fish farm estate, at ikorodu lagos. You will see some rich farmers like ur brother who keeps pumping money into it and not always coming around to check it cos they think Makin money in fish farming is as easy as how they put it in the books. One of this farm early this year sacked all it workers you know why? They found out that the manager of the farm and the workers had been selling the owner's fish. When it is time to sell, they will sell 1tonne of fish and tell the owner they sold 800kg...they keep doing this. Sometimes they sell the feed Dy ought to use to feed. This kept going on till nemesis caught up with them. They where selling some of the fish that they had separated for themselves, so one of the farmer in the farm called the owner and asked if he can get 30kg. The owner said he has sold his fish the previous week and Don't av fish available. But the farmer was adamant and was like but some market women and trooping in and out of ur farm that was when the rich farmer rushed to the farm estate and caught his workers red handed.....another experience was a personal one.. the guy that work with us, usually steal like 60kg every Sunday to sell(he confessed when he was caught) we Sha found out that whenever we harvest, the profit isn't always up to what is expected till one thing led to another and he was caught. Moral lesson,ur brother won't gain cos he has greedy consultant, and he is a foolish spender with no good advisers (don't mean this has an insult) and he is probably being stolen from by his workers either by selling his fish behind him or selling the feed or inflating the price of feed 3 Likes |
Re: Hidden Truths About Catfish Business!!! by atoleybaba(m): 11:56pm On May 19, 2020 |
Weedsmoker:lol again u see u just highlighted how u killed urself in the business ...first of all which business doesn't have a downside...u are complaining about mortality rate in fish abi try poultry....ur brother problem was mismanagement.... farming is more than money u don't just keep pumping money in it thinking d money will multiply. U are not doing baba ijebu here. Cannibalism and unexpected death is caused by ur mismanagement take it or leave it...either u over stocked(cos u get plenty money to waste. U want bigger return of investment so u thought the best thing is to buy plenty fish forgetting you don't have enough space) or u overfed. You didn't pay attention when ur fishes where showing signs of being sick( u get plenty money and u thought that is the only thing needed in farming not knowing it needs attention too) or they were stealing from u and telling u Dy died. Cos u know nothing about fish farming, u didn't know that fish price is fixed.if it want to vary, it will be by #50. But again cos u had plenty money to waste, u didn't make ur research u depended on consultants who have sweet mouth and they finished ur money even bargain with market women to dupe u right in front of ur nose Ur whole fingerlings died again mismanagement..who told u fish farming is easy sef, u people are careless. And yes the better truth fish farming is not for careless irresponsible people..if u know u are not observant and careful don't venture into any livestock production cos u will cry Las Las. You took lapo loan? God you people finished urselves I bet u didn't even read the terms properly...u people didn't do any fisibility study about fish farming before fully venturing into it...infact u were scammed by consultants...they really dealt with u guys...again carelessness, mismanagement and not being observant. All in all stay away from livestock production if you know you are careless and think money solves everything... If you know you can't spare time and make researches, don't venture into fish farming.... There is profit in fisah farming but not has how books and fake consultants paint it....and 90% usually lose in their first try 1 Like |
Re: Hidden Truths About Catfish Business!!! by atoleybaba(m): 12:09am On May 20, 2020 |
excelsiorfarm:I never knew u aav said this sef....must people think fish farming or any business is just for u to pump in money without making findings especially this fish farming.... It has suffer gan many take it has an easy retirement income 1 Like |
Re: Hidden Truths About Catfish Business!!! by atoleybaba(m): 12:12am On May 20, 2020 |
Weedsmoker:come over let me give u a tour on how I have grown in fish farming.....let me tell u a big lie. When we first started, we lost money no be small. But now by the grace of God, we have been able to stabilize and even expanding.... From fish business and no other complimenting business oo |
Re: Hidden Truths About Catfish Business!!! by excelsiorfarm(m): 5:16am On May 20, 2020 |
atoleybaba:unfortunately, many get burnt and retired because they think their money is all they need to be a farmer. Only if people go around the country, they will learn and know agricultural business takes more than many envisaged. 1 Like |
Re: Hidden Truths About Catfish Business!!! by excelsiorfarm(m): 5:32am On May 20, 2020 |
It is important for me to state that having money does not guarantee that your fish farm will be successful. I have seen someone spend N60m and made no profit. Even the someone complaining on nairaland of his brother spending N15m and it all ended in losses. All these are your fault, if you want the truth. Go to the beginning of this thread and you will see that the op said he lost 2 million, that is over 6 years ago. You think those that are now doing great or experts never lost millions too? We learnt from our experience, zeal and ignorance. In future my counsel to whosoever is simple, First, get the useful information and skills before you start. Also don't let greed kill you. I don't know why people will invest that much, but will not invest to know the intrigues of fish farming? Whatever you intend to invest, try to use at least 3% to get the know-how. Then, no consultant or expert will be able to play on your intelligence. My one Dollar for you this day 1 Like |
Re: Hidden Truths About Catfish Business!!! by amba2017: 8:23am On May 20, 2020 |
people spend 5 yrs in the university to become engineers, 6 yrs for medical doctors etc but they cannot spend just 6months or one year to learn fish farming from a good practicing farmers. some depends on little information they got online or small leaflet they bought by the roadside. some out of greed will not want to start little and grow. my submission: fish farming is very lucrative, farming is not for lazy people, farming is not for too busy people, you must supervise the management of your farm yourself, you must be updating your knowledge regularly by interacting with other good farmers, farming is garbage in garbage out and not Ponzi. Weedsmoker: 2 Likes |
Re: Hidden Truths About Catfish Business!!! by Johnnyessence(m): 10:07am On May 20, 2020 |
amba2017:you are very right here. |
Re: Hidden Truths About Catfish Business!!! by Nobody: 11:05am On May 20, 2020 |
Johnnyessence:You have being dodging my question,it clearly shows you've never achieved anything from the biz which is not surprising or probably you're not even into the biz, therefore your opinion on the subject matter is null and void.You just want to be noticed,no problem you have being noticed. Next mumu pls. |
Re: Hidden Truths About Catfish Business!!! by EmmyKrim(m): 3:27pm On May 20, 2020 |
four months old healthy catfish available for sale.
call 08024776564 |
Re: Hidden Truths About Catfish Business!!! by 9jahotblog: 7:05pm On May 20, 2020 |
3 months old healthy catfish available for sale in ibadan . call 08065640627. |
Re: Hidden Truths About Catfish Business!!! by Richhard(m): 7:48pm On May 20, 2020 |
Any fish farmer in Ilorin? 1 Like |
Re: Hidden Truths About Catfish Business!!! by Ttalk: 11:46pm On May 20, 2020 |
Weedsmoker: The fact that you still hang around fish forum is enough to convince me that you are still seeking knowledge regarding fish business and i believe if you persist you will definitely tell a new story. Sir, let me agree that fish farming is not for faint hearted. Your endurance disposition must be very high for you to succeed, but who told you other businesses dont have high challenges like fish business, maybe you're referring to buying and selling, then you may have some point to back your belief. Loosing money is not an indication that fish farming is not a good business, many of us are making money out of it after initial setback and losses. You may go back and read between page 78 and 100 to read some of my agonising comments. However, let me be frank with you and if you will be humble enough to take a look at this the better for you. Suffice it to say that Nigerians can be innovative, hardworking resilience and focus, but the society has suppressed all that and average Nigerian operating within Nigerian system barely explore quarter of his potential, we have simply been spoilt by oil money and our level of focus is weak making many to run from business but rather stick to white collar job where they felt job security is guaranteed. The fact is fish farming is like every other business, the higher the risk the higher the returns. Hedging against such risks determines your success in the business. Sadly, but the truth is that you or your brother didnt do enough, thats why he failed. You may ascribe all the reasons to different factors but ill put it to you to look at the mirror. Sir, you are the reason for your failure. If you want to give it another try, kindly consider the following 1. Focus not on the profit but on the result 2. Learn as much as you can in any area of fish farming you want to do 3. Be creative and innovative in your approach 4. Dont be afraid to lose money 5. Create synergy and relate with successful fish farmers around you 6. Explore modern techniques in your production 7. Be patient and be determined 8. Optimise your management practice 9. Read extensively about fish farming 10. Put what youve learn to practice. The only barrier between you and success in your fish business is just extra effort, strike it once again, and you'll have a new story about fish farming to tell. Ttalk is a practicing fish farmer based in Abuja 4 Likes |
Re: Hidden Truths About Catfish Business!!! by redbottles(m): 11:01pm On May 21, 2020 |
Fot SuperFarms. We deliver the best smoked fish and crayfish nationwide. Contact us below.
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Re: Hidden Truths About Catfish Business!!! by evy1(m): 9:22am On May 22, 2020 |
[quote author=Ttalk Ttalk is a practicing fish farmer based in Abuja[/quote]Please can I get across to you. |
Re: Hidden Truths About Catfish Business!!! by boyesky(m): 6:01pm On May 22, 2020 |
*For Sale...* *For Sale...* *For Sale...* A Poultry & Fishery Farm located in Ogun State sited on *10 acres of land*, off Abeokuta-Shagamu Express Road is up for Sale. *Facilities include* *1.* 4,000 Point of Lay Birds. (Cage Raised) *2.* 10,000 Birds capacity Pens for laying birds. (with cages) *3.* A Brooding Pen. (with Cages) *4.* 8 Fish Ponds. *5.* Smoking kiln. *6.* Feed Mill *7.* Warehouse for Feeds. *8.* Living quarters and Offices. *9.* 27KVA Power Generating set. *10.* 5KVA Inverter with Solar panels. *11.* Industrial Borehole *12* A 40ft Container for storage. *13* About 8acres of ploughed and cultivatable farmland Interested Buyers should contact *+234 7012 670 414* or *agri_estatedeals@yahoo.com* for details. 1 Like 1 Share |
Re: Hidden Truths About Catfish Business!!! by boyesky(m): 6:01pm On May 22, 2020 |
*5,000 (Cage Raised) Point of Lay (POL) Birds with up-to-date and perfect vaccination available for sales.* Location: Abeokuta *Call or chat +234 9097 770 126 for details* |
Re: Hidden Truths About Catfish Business!!! by LikeAking: 11:53pm On May 22, 2020 |
Ttalk: Pls tell people the truth,or let me assume you don't even know the truth about fish farming, or you are a feed manufacturer/fish consultant. Let me tell you the truth about this business cos I am a pro with more than 20 years of experience (Fish farming is a family biz).The only way to make real profit from cat fish farming is to rare the fishes in a stream/pond/river.All those ones people do in their houses is just a waste of time. You can't buy a 15kg feed for 5-6/7k and expect to Mae money. Cat fishes need lots of protein to grow,so let the fishes stay in the river.(It will be very expensive to feed) (I know how to make cheaper feeds,but won't still advice anyone to invest) I know all the tricks of this business and I wasn't pleased when you tried to dispute real facts. Cat fish business is not lucrative. If you wat to go into agriculture, rare an animal that eat grass. Leave agriculture for the people in the village/uneducated people. (Best option) Think out modern solutions to problems instead. Don't let the government device you with agriculture, their are tons of profitable biz out their. |
Re: Hidden Truths About Catfish Business!!! by LikeAking: 12:01am On May 23, 2020 |
Leave agriculture for the folks in the village and the uneducated. His mark zukarburg/bill gates/jeff bezos/steve jobs/dangote and co, farmers? Tink deep you will get an idea better than fish farming. Always remembere these wise words "There a plenty fishes in the river". I have been in the biz,so I know what I am saying. Nigerian youths please be smart. Don't let the govt fool you with agriculture. "Better business no dey beg person" You can't be waiting for 6 months before you Will make a miserable profit, while others in other professions are ailing out real money. |
Re: Hidden Truths About Catfish Business!!! by Nobody: 10:45am On May 23, 2020 |
LikeAking:God bless u for this beautiful writeup. |
Re: Hidden Truths About Catfish Business!!! by LikeAking: 11:18am On May 23, 2020 |
Weedsmoker: Thanks |
Re: Hidden Truths About Catfish Business!!! by gspace1960(m): 11:42am On May 23, 2020 |
Contact Gspace Agro Enterprises for your galvanize movable ponds of any size and color,very very durable,last more than 10yrs.1 yr warranty.u cn set it up even in ur landlord compound.Making fish farming very very easy at d comfort of ur home. 300capacity......8x5x4ft......50,000 500capacity.....10x8x4ft.....70,000 1000capacity.....15x10x4ft / 18x8x4ft....95,000 1500capacity......15x15x4ft.....140,000 2000capacity.....18x18x4ft.....170,000 We also construct base on ur available space in ur compound,ie. Any size u will nid.....we construct and deliver nationwide. Address:Akute after ojodu berger Lagos. 07060523565 call and whatsapp.... 1 Like 1 Share
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Re: Hidden Truths About Catfish Business!!! by Ttalk: 12:46pm On May 23, 2020 |
LikeAking: I now your intention is to sway people's mind into believing there's one business out there where you put 10 and get 20, i pity anyone that fall for that prank. A pro of 20year who is discouraging people, what were you doing in a business where you are making losses for 20 years. Please tell us your idea of lucrative, because profitable business to me is not the same as lucrative business. 1 Like |
Re: Hidden Truths About Catfish Business!!! by LikeAking: 1:04pm On May 23, 2020 |
Ttalk:I will never do such a thing.Never!. I don't even believe such things. Beta business no dey beg person,its the opposite. Weedsmoker has told you the truth, if you want to dispute his claims them am in 100. The only condition is,we must do it maturity. |
Re: Hidden Truths About Catfish Business!!! by LikeAking: 1:13pm On May 23, 2020 |
Ttalk: If know the true meaning of profit you won't even make that statement. Let me open your eyes about fish farming. The water you spend on fishes alone will fetch you more money than fish farming if you convert it to satchet water and sell at 5# per satchet. Even the the waste water it self will give you more money if you can sell it. You run gen. You pump water You build/maintain pond You buy feed You wait for 6 month's,etc. How much do must farmer actually make from fish farming? Instead of rearing fish rear broilers. Or rabbits/grass cutter/goats/cows. Animals that eat grass 1 Like 1 Share |
Re: Hidden Truths About Catfish Business!!! by Ttalk: 1:17pm On May 23, 2020 |
LikeAking: You seems to be a comedian, rear animal that eat grass? So, people in rearing pig, chicken, snail and turkey are feeding them with grass? To you they are not making money right? Go to Songhai farm in Port Novo, Starcest in Abuja, Obasanjo Farm in Ota, Fashola farm in Badagry, David Mark in Nasarawa and come and learn modern techniques of farming that will guarantee you profit. I pity your type that still wallow in delusion of quick money, thinking you can become Bill Gate or Mark Zuckerberg in an environment where technology, electricity and basic infrastructures are not available to achieve what they have achieved is not only myopic but utterly ignorance. Let me tell you, Nigeria and Africa depends largely on extractive and agricultural commodity to survive, even Dangote started within an agriculrural subsector. Please, dont insult our intelligence here in a platform of almost 500 pages with thousands of followers, if it hasn't worked for you, please seek advise from professionals at least we have many of them on this platform. Robonski, exvellesior, Ab1x, Juve, and many of them will assist you free of charge. Keep your ignorance in fish farming to yourself and stop discouraging genuine people looking for ways to add value to their lives 3 Likes 1 Share |
Re: Hidden Truths About Catfish Business!!! by LikeAking: 1:24pm On May 23, 2020 |
I can boldly say even the OP,is an amateur fish farmer, or a big scamer. Weed snooker has said it all. Fish farming is a waste of time. Due you even know the value/worth of thousand/millions of litter's of water Nigerians spend on rearing fishes?. If most farmers calculate the amount/worth of the water alone they will be able to tell themselves the honest truth. You need a minimum of 3k liters every 3 days(maximum) for 500 fishes,multiply that by #5(pure water)=15k. Multiply 0.50 koko ×5k liters=2500k×10 times you will change water a month =25k per month.(Only Water spent on 500 fishes oh) Then how will a farmer make gain?. If you one do fish farming, go river go do am. |
Re: Hidden Truths About Catfish Business!!! by Ttalk: 1:26pm On May 23, 2020 |
LikeAking: Is broilers eating grass? Mr Man we started from where you stopped because you can run your business without using gen or Nepa. I run my hatchery on 24hours solar energy. My pumps runs from 7.30 to 5pm everyday on no running cost. Look, stop sounding like you exist in B.C. There are things there you need to humbly learn, your pride and ego is making you see fish farming with a negative view 1 Like |
Re: Hidden Truths About Catfish Business!!! by LikeAking: 1:34pm On May 23, 2020 |
Ttalk: My brother stop been sarcastic. When you start insulting it show you are a weak person.Only those who are not wise will take your talks serious. I have given you facts anf figures counter my fact with your own facts. Don't bring childishness hear. I will shoool you on every thing about fish farm for free.You will make money,if you are smart you will find something better. Let me ask you a question. How many liters of water do you need to rear 500 fishes per week?. How many hours will your gen run in a week? How much will you spend on deseal/fuel for gen every week? How much will you spend making feeds. Mind you fishes need lots of protein and calcium to grow. Let's keep this conversation civil. Been angry unnecessarily doesn't speak good about you. The enlightened people will assume you are wrong.Be civil |
Re: Hidden Truths About Catfish Business!!! by Ttalk: 1:42pm On May 23, 2020 |
LikeAking: I have people that are doing purewater business here, come to Kaduna road if you want to know the intrigue in their business. What you failed to understand is there's always a comparative advantage, because you people are into pure water business doesn't mean i will be successful in it until i carry out my feasibility study and analyze my SWOT. The direction of those indicators is what will guide my success or failure. Your argument regarding that doesn't hold water at all. 1 Like |
Re: Hidden Truths About Catfish Business!!! by LikeAking: 1:48pm On May 23, 2020 |
Ttalk: Broilers are just a second best option. You pumps run 24 hours a day no running cost. LOL!.Pls stop. What happens to depreciation?. Let me school you,you pump is running at a cost. Due you actually need 24 hours solar to run a mere cat fish hatery?.Same thing people do in rural area areas with less.(OK,let me assume you hatch every day,but 24 electricity for hatchery is not the best option.Wetin the fish them one dey Carry 24hours electricity do?.Abi dem go use am see road?)LOL!. Don't you think you have over invested? GUY MAN,do your business sha. Good luck. |
Re: Hidden Truths About Catfish Business!!! by LikeAking: 1:54pm On May 23, 2020 |
Ttalk: See my brother, its deep thinkers like me an you that will develop this country. I won't advice any body to rare an animal that won't eat grass,or minimum of simple grains available around them at a cheap price/free. If you are asked to estimate the value of 100k liters of water used in a pond per month,what will your answer be? Don't use pure water rate oh. Use any rate you are inspired to use. Just make an estimate. |
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