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Sunday, August 24, 2008

How To Gain Experiences In Swiftlet Farming With Minimum Investment !!!

There are many ways for your to be a well aducated person in venturing into swiftlet farming.

You can go in a big way one shot or perhap go in a low entry type and learn how to climb the ladder step by step.

"Harry I have three pieces of land and I want to start one immediately by taking those loans from Agro bank. Is that okay?".

Well, it is okay if you are financially strong and you know what you are doing. How much knowledge do you have now about swiftlet farming?

" Zip, nothing. Very little Harry".

Well in that case why can you go in a more sensible way.

I want you to consider this:

Get a location where there are lots of birds, do a birdtest call. Then find the owner of the abandoned shop. Meet him and propose to him that you would like to turn the shop into a BH.

The idea is you invest in the renovation and he provide the abandone shop on a special long term lease arrangement.

If he agrees you then draw out a lease agreement that will benefitted both parties.

In this way your exposure is not more then rm 25K per floor. If you get a partner who also wanted to learn the same you will lower your exposure to only rm 12.5K. What about three partners? You drop again to rm 8.33K.

The idea is to minimise your exposure but learn as much as you can before you embark on a larger project on your own.

If the first venture is successful, you can use this as your reference with the bank. I guarantee you that the Bank wanted to be very sure that you are able to make money with what you borrowed. Showing them this successful first venture is a plus point.

You might want to buy over the abandoned shop from the owner? How about it?

In this way you minimised your exposure but maximise you platform of learning via your own effort.

If you failed, you loose only say 12.5K and not 250K. This is equivalent to enrolling into a MBA course, private classes, with a roll of paper!!!

Make sure that the first venture in successful. While doing that learn as much as you can. Remember there is nothing better then having a hands on then just attending one seminars to another without doing any practical works.

I hope you get what I am trying to say.....

If you need more advise on how to do this please email you question to harryswiftlet@yahoo.com.

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