socioecologist
Member
I don't mean to be insulting so don't take this the wrong way. Take it as constructive criticism. You don't have a business, you have a job. And dealing with banks? How in hell do you do that? Because money from your industry, deposited in a bank, equates to federal money laundering for them. lol
I'm 60 and was 18 the last time I worked for anyone. I sold my first business at 25 because it was a job. But the sale let me go back to school for a business degree because I was obviously missing something. I've had three businesses since then and always made a business income. If you can't clear 80-100k on your own, then you're doing something wrong. Are you looking vertical? In this day and age, you should be.
Even guerilla growers are going vertical by adding value to their flower. The days of growing one product for everyone are almost gone. Mexican farmers are moving from weed to poppies, but it'll be a few years before a demand for domestic supplies rebound. And there's a fight brewing in the US over the legalities that also work against you. By the time the dust settles, there won't be any room for you to compete against the economies of scale corporations will bring, unless you go vertical and be ready to supply those corporations with preprocessed products. Think about your future and invest now, or you'll sink after years of low profits.
Careful with the sweeping generalizations about "how a business should operate". FWIW, we're federally legal industrial hemp and don't have the same banking issues. Not that it's any of your business, but we invest our revenue in expanding our productive capacity, since we can't adequately meet the current demand. Yea, some days it feels like a job...but I don't know many others who are getting to do what we do every day and staying afloat. Please tell me more about operating at scale...