Re: How Much Is Your Apiary Worth$?
As far as the horse and feed comparison. Is a $1000 horse that is then fed $1000 worth of feed now worth $2000? No but you are confusing issues. The cost to maintain a horse worth $1000 was $1000. But just as in bees if you want to make money you have to be able to recoup that cost in some way. Riding fees, stud fees, show prize money, whatever. If you just want to own a horse you eat it as the cost of entertainment. But the horse is still worth $1000.
Bees produce lots of products along the way. honey. wax, propolis, venom, and even the bees themselves can be sold. If you hold onto them until they die you take the loss. sell them and someone else takes that loss. but eventually they will be lost. it is known as perishables.
Used equipment is worthless. This I agree for the most part. But then explain the person that sells a nuc and adds $25 to the cost for the box. Hmmm. is used equipment worthless? I guess it depends on how you go about selling it. Empty used equipment is worthless.
I see the biggest problem is that the majority of beekeepers are not keeping bees as a business. They will pour money out time and time again with little or no concern for money in. Sooner or later some look back and say hey this is thousands of dollars going out I will never recoup that. Well no you are not if you are not trying. Not paying any attention to it. nobody is going to knock down your door to buy from you.
You can come to a group like this and read for hours about how to get and keep bees. And even at that it is shaky probably going to loose a ton of resources type risk. Btu you don't find a lot of support in selling it.
I have 12 plus years experience with another group that had a similar situation. These people made hand crated items and sold them anywhere from $20 up to maybe a high price of 40 or 50 dollars. For years I felt this group of people suffered from a very common affliction. Undervaluing what they did. I and many others addressed this issue for several years and now it is common to see these same people selling there items for $300 plus on a regular basis.
I see the same sort of thing here to a degree. if beekeeper A says their operation is worth $100 they are right. If Bee keeper B says their exact same operation is worth $1000, they are right. But who is more likely to get what they say their operation is worth? In actually practice and for a complicated list of reasons. It is actually beekeeper B. There is more to getting what something is worth than wishing. There is "Knowing" what it is worth, acting like it is worth that. selling it like it is worth it and closing the sale. Someone that thinks they have something worth $1000 is going to do more to sell it than someone with something they think is worth $100.
I had an item I offered at $20 for several months and never sold a one. I was advised to raise the price to $40. So I did. I sold out the very next show before the gates of the market even opened. My entire inventory sold to other vendors at the market. Not knowing what something is worth will kill a sale before it starts. If you think what you have is worthless you will treat it like it's worth less and it will show. You will act like it is worthless and it will show. You will be embarrassed and hesitant about asking a fair price for it and this will set up doubt in your buyer.
If you can't sell something for what it is worth then you are not a salesperson. hire one. But your inability to sell does not change it's value.
Everything gets darker, as it goes to where there is less light. Darrel Tank (5PM drawing instructor)