I have no issue with it; and the hobby sounds fun. It’s just that he immediately went to the idea of “money” and in order to turn a profit on something like that would be an insane amount of work; nowhere near what you’d be getting paid for.
It’s actually kind of a fun thought experiment. It’s basic. Sure, you got these black walnuts. At the current standard of concentrated capital and technological development; the “buy-in” to develop a mechanized process to rind, press and can the stain would be exorbitant compared to even just 50 years ago because the standard of living was at least cheaper (all though you’d be rural, for sure) plus the equipment likely would have been domestically made or an antique farming tool.
Sure, say you go to the bank and take out a loan. Now you got your line in your backyard. Now you got to try to compete with literal national brands making those cans of stain of cents on the dollar and pay back the loan while selling at a significant cut to compete with these national brands and reaffirming their monopoly. This is pretty much the case with any product. It’s why it’s so insufferable to me that most reactionaries or libs look at something like that and just see “money” when it’s so much more complicated than that. Most businesses fail. Learning that takes just a little theory or at least an understanding of economic statistics on business.
I have no issue with it; and the hobby sounds fun. It’s just that he immediately went to the idea of “money” and in order to turn a profit on something like that would be an insane amount of work; nowhere near what you’d be getting paid for.
It’s actually kind of a fun thought experiment. It’s basic. Sure, you got these black walnuts. At the current standard of concentrated capital and technological development; the “buy-in” to develop a mechanized process to rind, press and can the stain would be exorbitant compared to even just 50 years ago because the standard of living was at least cheaper (all though you’d be rural, for sure) plus the equipment likely would have been domestically made or an antique farming tool.
Sure, say you go to the bank and take out a loan. Now you got your line in your backyard. Now you got to try to compete with literal national brands making those cans of stain of cents on the dollar and pay back the loan while selling at a significant cut to compete with these national brands and reaffirming their monopoly. This is pretty much the case with any product. It’s why it’s so insufferable to me that most reactionaries or libs look at something like that and just see “money” when it’s so much more complicated than that. Most businesses fail. Learning that takes just a little theory or at least an understanding of economic statistics on business.