For a homestead to be successful there must be more than just one income stream. The old saying don’t put all your eggs in one basket still holds true.
When considering what animals or crops you choose to raise you should always try to find more than one avenue of income with that one animal or product.
Below are a few ideas to help you get the ball rolling. The sky is the limit when it comes to making an income. If you see a need then create a product that will fill that need.
Believe it or not, almost every animal has a show circuit somewhere. So if you are willing to pay a little more for your breeding stock you could appeal to both the show world and sell to people looking for pets or animals for their farm.
When looking into which breed to buy, consider looking for a breed that is not as common in your area (within 100 miles of you) and has a good feed to milk conversion. Size will also be a factor. Try to find a breed that could be used in small farms and would make a good pet. People who will only have one or two cows that will live to be 10+ years old do not want to deal with an ill-mannered heifer.
- Selling her offspring.
- Sell her milk by the gallon.
- Have a cow share.
- Raising beef for people to purchase the cow live then pay to have it processed.
- Raise heifers to breeding age.
- Producing Calve for others to buy and raise.
- Sell the kids that she produces
- Sell her milk (for human consumption or as a milk replacer for other livestock)
Products you can make from her milk.
- Body creams
- Cultures to start yogurt
- Sell the kids to producers
- To the local 4h participants (most common breed is boar goats)
- Raise meat chicks and sell per pound.
- Sell them meat birds live and ready to take to the butcher.
- Keep one specific breed (so you don’t have to keep the different breeds separated) and let the broody hens hatch out chicks and sell purebred chicks.
- Buy Chicks and raise till they can be on their own without a heat lamp.
- Sell fertilized eggs for people to hatch out in an incubator.
- Eggs for consumption.
You can raise rabbits for many different things. If you are careful which breed you choose and are willing to pay more for a better quality rabbit it is possible to find one breed to raise that would cover three or even all for of these categories below..
- Meat (human consumption, sell as feeders for K-9’s)
Products you can make with rabbits
- Spin wool into yarn.
- Crochet or knit items with rabbits wool.
- Sell rabbits waste as garden fertilizer.
Non- livestock income stream ideas.
- Vegetables from your garden.
- Perennials that have gotten too big. (split them and put them in pots)
- Sewing Projects
- Building Projects
- Chicken coops
- rabbit hutches
- nesting boxes (chicken and rabbit)
- Dog houses
- Outdoor games
- Lawn furniture
- Body care products
- Salt or sugar scrubs
- lip balms
- body butters
- Crafts and sell them on Etsy
- Online classes (yep this is a thing) It is free to set up classes through thinkific. And guess what….. people will pay you for it!
Before adding to animals that you already have consider assessing the livestock you already have and see what could be tweaked for two reasons. One: to reduce expenses and Two: be able to improve on what you already have and improve sales.
Have a product idea, but not sure how to make it happen or see if it is profitable? Set up an appointment so we can talk further.