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Hidden Truths About Catfish Business!!! - Agriculture (495) - Nairaland

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Re: Hidden Truths About Catfish Business!!! by Fish4wealth: 6:12am On Jun 10, 2020
Re: Hidden Truths About Catfish Business!!! by excelsiorfarm(m): 11:10am On Jun 10, 2020
XiaoLi:
Pls what do you think of someone who wants to do fish farming in a large scale, we plan to build the farm to standard like building water treatment for the ponds, our farm will be located near a river for the waste, we will have 2 indutrial borehole and industrial power generator for the farm,most of our fish will be smoked while few will be sold to restaurants/hotels/market women,we plan to start with 35k fish but to increase to 140k in 4 months.
A consultant who has been into fish farming and currenlty managing 5 big farms will handle this project. All your advise will be much appreciated.
NB: We want to start with fish first but will also add brolier farming in a large scale as time goes on.
CC: Everybody.
if the consultant is doing 5 big farms, why seek others?

Trust him and work with him/her
Re: Hidden Truths About Catfish Business!!! by excelsiorfarm(m):
Fish4wealth:
I will take it from where @ waleyp stopped....

First, know that the goal of this thread is to assist catfish farmers in every areas possible to succeed either as a newbie or practicing farmer. And if you go through the pages at inception, the likes of Robonski and others have virtually contributed immensely.

If anyone fails, frankly speaking, such should have himself/herself to blame.

I say it raw as it is......if you have a consultant and he advised you to start your first adventure this big....something is wrong......

If you had read my post here, one striking thing is farmers calling for buyers.....
*Do you have your own buyers?
*What is the demand for catfish in Anambra?
*How many farms are fully operational there?
*What's the market size of catfish there?
*Who are your competitors.....
*What feed is your consultant recommending..
*Where would you get your feeds for and its cost implications...

There are hundred and one questions your consultant should provide for you before we hear stories that touches and some failed inexperienced, acclaimed Ratfish farmer will come here again to spray nonsense

Candid professional advise, irrespective of your consultant profile, let him manage a small scale first for you to the point of sales.

The result will determine your next line of action.

And their are ways to do such......
Wish you best of luck

#AgroWealth
good write up. Brother, I don't want you or anyone to argue here again, though good for the thread, but I believe you could learn from each other if both sides choose to be willing.

God bless
Re: Hidden Truths About Catfish Business!!! by excelsiorfarm(m): 11:18am On Jun 10, 2020
waleyp:
Thank you very much... Why not? If you have a good consultant that would be fine, but your consultant wouldn't be available all the time you know? And his services will always be paid for every time, you can only make use of the experienced consultants for the starts so as to have knowledge of what you are about to do, and all that you will need, that's why you will need a business plan...you can't just start without a business plan. Know how much you wanna start up with and your consultant will be the one to work on that. You will need an experienced fish farmer to handle the job. Someone that would be on ground all the time. You know a consultant owns his farm and he wouldn't be on ground. Your capital? The start is just the hard part because you will be getting everything new, like getting the structures, construction of ponds and all that. After all that there wouldn't be much capital needed unless you want to expand your business (farm) and another secret is if you wanna get more profits, you should be able to manufacture your fish feeds (local feed) by yourself..and all that but hey there must be a very well detailed business plan before you commence. Thank you
good write up
Re: Hidden Truths About Catfish Business!!! by gonerest(m): 11:58am On Jun 10, 2020
gonerest:
ALSO , I WILL NEED USED POND TO BUY EITHER TAPOULIN OR PLASTIC FISH POND. IF THERE IS ANY AVAILABLE ONE FOR SALE PLS, LET ME KNOW.THANK YOU ALL. Any available one in the house.
Re: Hidden Truths About Catfish Business!!! by gonerest(m): 12:00pm On Jun 10, 2020
[quote author=gonerest post=90512942][/quote]pls house i need used fish plastic or tapoulie for sale.
Re: Hidden Truths About Catfish Business!!! by XiaoLi: 1:40pm On Jun 10, 2020
Thanks for your advise, at the bolded.. is starting with 35k fish and adding 35k every month within a period of 4months too big, how about if there is an experienced farmer on ground to manage the farm and enough worker to run it?
Fish4wealth:
I will take it from where @ waleyp stopped....

First, know that the goal of this thread is to assist catfish farmers in every areas possible to succeed either as a newbie or practicing farmer. And if you go through the pages at inception, the likes of Robonski and others have virtually contributed immensely.

If anyone fails, frankly speaking, such should have himself/herself to blame.

I say it raw as it is......if you have a consultant and he advised you to start your first adventure this big....something is wrong......

If you had read my post here, one striking thing is farmers calling for buyers.....
*Do you have your own buyers?
*What is the demand for catfish in Anambra?
*How many farms are fully operational there?
*What's the market size of catfish there?
*Who are your competitors.....
*What feed is your consultant recommending..
*Where would you get your feeds for and its cost implications...

There are hundred and one questions your consultant should provide for you before we hear stories that touches and some failed inexperienced, acclaimed Ratfish farmer will come here again to spray nonsense

Candid professional advise, irrespective of your consultant profile, let him manage a small scale first for you to the point of sales.

The result will determine your next line of action.

And their are ways to do such......
Wish you best of luck

#AgroWealth
Re: Hidden Truths About Catfish Business!!! by fartkay(m): 3:24pm On Jun 10, 2020
excelsiorfarm:
op am in ibadan,i hav my businesses in ibadan & ogbomoso,am into fingerlings & growout.(fisheries),pigs & goats & crops,d ibadan own we soon dv be Nigerian'S songhai & foremost farm dv(working on it),i still have poultry cages to sell & pond to rent in igando lagos. continue yr work
sir. where in igando.
I reside agric rd. egan
Re: Hidden Truths About Catfish Business!!! by excelsiorfarm(m): 8:39pm On Jun 10, 2020
fartkay:
sir. where in igando.
I reside agric rd. egan
I have moved out of igando over ten years ago and the location have been transferred to another some years back.

I am now in Ibadan most of the time

The place was behind Rosella's amusement park
Re: Hidden Truths About Catfish Business!!! by waleyp(m): 9:31pm On Jun 10, 2020
I think you have a consultant? You both should sit an talk, if he is such a pro in this he should be able to give at least 90% solutions to your questions. You make it seems like you rapping into my ideas as well. You paid your consultant? Let him do the real job... Are you gonna pay me for consultation?
XiaoLi:
Thanks for your advise, at the bolded.. is starting with 35k fish and adding 35k every month within a period of 4months too big, how about if there is an experienced farmer on ground to manage the farm and enough worker to run it?
Re: Hidden Truths About Catfish Business!!! by joeking2222: 10:40am On Jun 11, 2020
excelsiorfarm:
my sister i feel your pain deeply,the sleepless night,funds & efforts,but dont get tired. Those that loss hope,dont achieve anything. I wish i could visit your location to evaluate what is on ground,but i never can conclude if it will happen soon. Test your water,you could relax,send your email,so i could send you a book.
Hello sir, a wonderful morning to you, if you in still in the country called Nigeria. Please can you please help me with this book of yours, i really want to learn something very different from a great man like you as a fresh graduate of Fisheries and Aquaculture, with a First Class Degree, please help me out, cause am eager to build myself up as one of the best. Please i really need your help sir............my email is: Olajoe12@gmail.com. God bless you sir.
Re: Hidden Truths About Catfish Business!!! by charzyh2: 12:28pm On Jun 11, 2020
Claim 5k naira immediately you sign up on spotagood.com as a vendor and fill your account details.

Spotagood is an online food and agricultural marketplace where anyone can list their products and get real buyers.

Visit: spotagood.com today and claim your 5k.
Re: Hidden Truths About Catfish Business!!! by FMCASH(m): 3:57pm On Jun 11, 2020
He can start big so far he had an experienced consultant. No time to waste. East and south south consume catfish wella
Fish4wealth:
I will take it from where @ waleyp stopped....

First, know that the goal of this thread is to assist catfish farmers in every areas possible to succeed either as a newbie or practicing farmer. And if you go through the pages at inception, the likes of Robonski and others have virtually contributed immensely.

If anyone fails, frankly speaking, such should have himself/herself to blame.

I say it raw as it is......if you have a consultant and he advised you to start your first adventure this big....something is wrong......

If you had read my post here, one striking thing is farmers calling for buyers.....
*Do you have your own buyers?
*What is the demand for catfish in Anambra?
*How many farms are fully operational there?
*What's the market size of catfish there?
*Who are your competitors.....
*What feed is your consultant recommending..
*Where would you get your feeds for and its cost implications...

There are hundred and one questions your consultant should provide for you before we hear stories that touches and some failed inexperienced, acclaimed Ratfish farmer will come here again to spray nonsense

Candid professional advise, irrespective of your consultant profile, let him manage a small scale first for you to the point of sales.

The result will determine your next line of action.

And their are ways to do such......
Wish you best of luck

#AgroWealth
Re: Hidden Truths About Catfish Business!!! by excelsiorfarm(m): 5:48pm On Jun 11, 2020
waleyp:
I think you have a consultant? You both should sit an talk, if he is such a pro in this he should be able to give at least 90% solutions to your questions. You make it seems like you rapping into my ideas as well. You paid your consultant? Let him do the real job... Are you gonna pay me for consultation?
business man. People should be willing to pay for insights or advisory that their experts lack or is hoarding.

However the consultant that says 35k over four months(about 100k pus) and if he is not readily accessible, please don't come back and say fish farming is bad

Calculate the feeding etc. It is well
Re: Hidden Truths About Catfish Business!!! by waleyp(m): 8:29pm On Jun 11, 2020
True talk
FMCASH:
He can start big so far he had an experienced consultant. No time to waste. East and south south consume catfish wella
Re: Hidden Truths About Catfish Business!!! by waleyp(m): 8:29pm On Jun 11, 2020
Na so
excelsiorfarm:
business man. People should be willing to pay for insights or advisory that their experts lack or is hoarding.

However the consultant that says 35k over four months(about 100k pus) and if he is not readily accessible, please don't come back and say fish farming is bad

Calculate the feeding etc. It is well
Re: Hidden Truths About Catfish Business!!! by excelsiorfarm(m): 11:10pm On Jun 11, 2020
joeking2222:
Hello sir, a wonderful morning to you, if you in still in the country called Nigeria. Please can you please help me with this book of yours, i really want to learn something very different from a great man like you as a fresh graduate of Fisheries and Aquaculture, with a First Class Degree, please help me out, cause am eager to build myself up as one of the best. Please i really need your help sir............my email is: Olajoe12@gmail.com. God bless you sir.
Amen and God bless you too. The book have been updated this 2020 and it is N4500 only. About being great, it's God that is showing His Goodness and there are not known publicly vessels on nairaland that He use too. I can help you by telling you my story, which I know will help a lot.

About your first class, do not let it go into your head, except you are going into academics. In reality a first class aquaculture graduate should be able to do wonders. I read agronomy, but I am versatile in poultry, fish farming, beekeeping, crop production to say a few and I have learnt HTML and CSS programming language and I am thinking of mobile app development with Python language and already done little animation training. Aside that to the Glory of God I am gifted in writing and drawing.

Yet, I keep learning, though I could have claim to be a professor in fish farming (over 15 years experience). I have worked for governor, met honourables and senators, soldiers and some big men even from nairaland, but God help me to keep my integrity, I am never greedy or desirous of things that belongs to others. You could see me walk, but I have given out cars, you could see me broke, but it is because I could be sacrificing my comfort for the good of others. I don't need to travel except I am going on vacation, I was too zealous to go in my university days that my first two years wasn't good. If you rate me from third year, I am getting second class upper easily, however I have 0.04 less to get 2'2.

No need to feel somehow, I do not write application to get a job, one of my earliest job offer was from Fumman Mr Adeyemi which I refused (he is late now, died late last year). And when some friends began to disturbed me to go back to school, I did 5 years back, my brother is a PhD holder and lecturer and our juniors are already professor. I went to school after 16 years of graduation, did PGDE (full time) and got distinction, 2017 did Trcn examination and passed, 2018 started master in education technology, if only grade, I already have a distinction to the glory of God, but I have to submit thesis and Dv it will still be distinction.

First class is great, but you need to chart your path early. I have seen those that you never know could be in education as professors, while the first class students are nowhere to be found.

Read this thread if need be from start, but be ready for work, grade is not all. I have to tell you this because I see many missing it.

As a minister of God, what brought the difference for me is Jesus Christ, I was going off the end and I came back as a prodigal son.

I can mentor you, but you will not get new eBook free. Gave over 300 of my eBook out from the Past ones and I will ask some what they have done and they will even say that they have not opened it (can't blame them, it is free, hence they don't value it)

Just keep this advice on your left hand and do not eat with it. You can avoid to repeat the mistakes of others if only you will hear. If it is academics, make the decision now,if business, get the know how and get mentors, if employment, start writing for job placement. I only began to look for job when I started my post graduate to augment my expenses at home and school, but those that know me don't take me serious as they should.

Left for you to make decision(s)
Re: Hidden Truths About Catfish Business!!! by Fish4wealth: 12:01am On Jun 12, 2020
FMCASH:
He can start big so far he had an experienced consultant. No time to waste. East and south south consume catfish wella
I wish him well....and i have no reason to force my counsel on him or anyone who sees no reason to pilot a new venture on a small scale cos the money is available.. I look forward to read his success stories in just four months time.
Re: Hidden Truths About Catfish Business!!! by excelsiorfarm(m): 6:02am On Jun 12, 2020
Fish4wealth:
I wish him well....and i have no reason to force my counsel on him or anyone who sees no reason to pilot a new venture on a small scale cos the money is available.. I look forward to read his success stories in just four months time.
hmmmm hmmmm. Any one that have excess money should not spend it as a consultant will advice, especially if new and just starting.

The farm I said spent 60 million and make no profit have even permanent secretary of agric as one of the consultant. The dam is as big as 2/3 football pitch and these are not mere men, but even the THICK MONEY (10 digits) used in establishment of the farm have all become history.

Let his or her consultant do what he wants, it could work. I could have suggested the consultant is paid after result, but Nigerians are not always honest to keep promises at the end.

The proposed farm owner should visit other bigger farms on his or her own, evaluate things and make discussion.

It is possible, it is not possible, depending on their expertise, commitment and SERIOUS WORK.
Re: Hidden Truths About Catfish Business!!! by deolu9(m): 9:31am On Jun 12, 2020
Hello my ogas in the house please i need someone to help me with projected estimations for feeding cost of 6000 juvenile till 6 months harvest and the expected profit after harvest. Thanks
Re: Hidden Truths About Catfish Business!!! by excelsiorfarm(m): 8:55pm On Jun 12, 2020
deolu9:
Hello my ogas in the house please i need someone to help me with projected estimations for feeding cost of 6000 juvenile till 6 months harvest and the expected profit after harvest. Thanks
think of 400 naira per fish. Could be less. Juveniles should not be up to 6 months if 1kg table size. For profit? Depends on management and dont expect money doubling result
Re: Hidden Truths About Catfish Business!!! by tennyalad(m): 11:33pm On Jun 12, 2020
excelsiorfarm:
think of 400 naira per fish. Could be less. Juveniles should not be up to 6 months if 1kg table size. For-profit? Depends on management and don't expect money doubling result
If this number is accurate, then you are in for a jolly 6-months ride. Rough calculation shows 400*6000 = 2,400,000. How much is 1 kg of catfish? By the time you add other costs of running the pond, you'll barely make money.
Re: Hidden Truths About Catfish Business!!! by amba2017: 1:28am On Jun 13, 2020
(1) make sure you have good financial muscle to carry the farm. to feed 35k fishes is not a joke lol.
(2) Do not agree to be paying the consultant rather negotiate on percentage of every gain made. by doing this he will put in his best in the project.
(3) the best way to excel in the business is by setting up your farms in barges such that you will be selling every month or at 2 weeks interval. it will help you reduce the salary impact on the farm.
XiaoLi:
Thanks for your advise, at the bolded.. is starting with 35k fish and adding 35k every month within a period of 4months too big, how about if there is an experienced farmer on ground to manage the farm and enough worker to run it?
Re: Hidden Truths About Catfish Business!!! by XiaoLi:
Thank you @amba2017,this make alot of sense especially the number 2. Please how much % do you think we should pay him on every profit made? The consultant have already advised that we run the farm as your number 3 stated,our target is to grow 140k fishes every four months this is the reason we will start with 35k then add 35k every month (we will continue to repeat this), he said with this we will have different size of fish to sell on daily basis.
N.B: since he will be the one to build the farm, should we pay him for this or must we start to pay him from profit earned when the farm start functioning?
amba2017:
(1) make sure you have good financial muscle to carry the farm. to feed 35k fishes is not a joke lol.
(2) Do not agree to be paying the consultant rather negotiate on percentage of every gain made. by doing this he will put in his best in the project.
(3) the best way to excel in the business is by setting up your farms in barges such that you will be selling every month or at 2 weeks interval. it will help you reduce the salary impact on the farm.
Re: Hidden Truths About Catfish Business!!! by waleyp(m): 8:45am On Jun 13, 2020
hey catfish farmers in the house,
now you can get your active hybrid fingerlings and juveniles
here in Ibadan oyo state, 500,1000 pieces fingerlings,juveniles and above
we deliver nationwide,
we sell table sizes too.but we will let you know when they are ready for harvest.
contact our farm today , contact numbers will be available soon
Re: Hidden Truths About Catfish Business!!! by gonerest(m): 12:20pm On Jun 13, 2020
House,pls i need excelsiorfarm phone no or he should flash me on 07033823814 thanks very urgent pls
Re: Hidden Truths About Catfish Business!!! by gonerest(m): 12:23pm On Jun 13, 2020
Pls i need axcelsiorfarm phone no or he should flash me on 07033823814 pls
Re: Hidden Truths About Catfish Business!!! by XiaoLi: 3:11pm On Jun 13, 2020
Thank you for this advise, are you into catfish farming in south east or south south?
FMCASH:
He can start big so far he had an experienced consultant. No time to waste. East and south south consume catfish wella
Re: Hidden Truths About Catfish Business!!! by julieA(m): 9:48pm On Jun 13, 2020
Do fishes has daily feed intake quantity?
If so, what Could be the daily consumption for 1000 fingerlings?
Re: Hidden Truths About Catfish Business!!! by excelsiorfarm(m): 10:34pm On Jun 13, 2020
tennyalad:
If this number is accurate, then you are in for a jolly 6-months ride. Rough calculation shows 400*6000 = 2,400,000. How much is 1 kg of catfish? By the time you add other costs of running the pond, you'll barely make money.
juveniles don't have to be 6 months, we have seen 3.5-4 months result depending on source. It will not get to 400 naira when there is good feed management and you introduced local feed. I only get that for better preparation.

He or she will still recoup investment, make little profit. I will share a testimony on that as time permit.

However, FISH FARMING BUSINESS IS NOT BABA IJEBU OR LOTTO, IF YOU NEED QUICK MONEY, THEN AGRICULTURAL PRODUCTION BUSINESS IS NOT FOR YOU.
Re: Hidden Truths About Catfish Business!!! by excelsiorfarm(m): 10:36pm On Jun 13, 2020
julieA:
Do fishes has daily feed intake quantity?
If so, what Could be the daily consumption for 1000 fingerlings?
Seems I posted how to calculate it recently. That also depends on water temperature, season etc
Re: Hidden Truths About Catfish Business!!! by excelsiorfarm(m): 10:41pm On Jun 13, 2020
gonerest:
Pls i need axcelsiorfarm phone no or he should flash me on 07033823814 pls
my number is under all my post, the MTN is OK. The glo I have not gone to retrieve it, phone got missing or stolen.

My number remains 08035335647 and you can choose to post your questions here.

Don't call me at night, very early in morning or during church service
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