The trick with any business is really to have the money to do it right up front.
Even most of the people here who claim to have made profit, don't understand the meaning of profit. When you compare their net revenues to their opportunity cost (ie: what their time would have made them working at mcdonalds, other things they could have invested their cash in and earned during that time, etc) they still lost money.
I see what you're getting at - but you're a tad off. I'm doing a hobby, one I enjoy. This hobby takes time and money and effort. I'm going to do it. I'm spending the time, the money and the effort. The time is paid off by enjoyment and relaxation - it's free. The effort, same deal. The money - that's out of pocket. But if I make that back in the end, it's profitable. Being that it's my hobby, and I keep things small and under control, any time and effort I spend is not lost income - because it's FUN!
Now, you get so busy, you start spending so much time that it becomes a drain, and it starts becoming work... and the profits turn out to be less than you'd make at your job... then it's not profitable.
Tyler - I did the same thing with the cages. My costs were low (or so I thought). I was able to get the stuff for cages for $30 or so (can't remember), and sell them for $100.00. Profit! Yeah. Right...
Now, learning to run screen is a handy skill that I wouldn't have learned otherwise. And the ability to make screen cages to my own specifications is also darn handy. But the time required to put these things together was significant. I even made little jigs so I could pre-drill the holes easier. easier, but not easy.
Of course, if I had a large volume of sales, I probably could make them and make money. But I'd spend so much time making the bloody cages, I'd be making so much less money than I would if I was working at Mcdonalds.
AND, 1 or 2 cages at a time, for myself or a customer, was really fun. 10 or 12 of them was not. opposite of fun.
Bad part: Tony Cueto's show was a disaster - 12 or so booths, and maybe 500 attendees (down from about 10,000 in past years). I sold one freaking cage with a chameleon.
Good part: I've got all the screen cages I need for now - and the suckers last a long time! so, it was a failure at making extra cash, but it was a good thing for my hobby. ...pissed off my wife though... still paying for that.
Now, chequepoint, if I were doing this full time, the amount of time I put into it would defiantly mean I'd be making a lot less than I do at my (former) job(laid off January 1st). But, since (and ONLY since), the time and effort I put into it is enjoyable hobby-time(and I really don't put that much time into it), it's profitable.
I think this thread has covered so many aspects of the finances of chameleon breeding, it should be stickied! There are so many people who get into breeding for money, only to be overwhelmed and discredited.
I remember selling books at the Tampa show a few years back. A guy bought a bunch of old TFH books - told me he was getting into reptile sales. Despite the fact that those books were nearly worthless, he still wanted them. As all he wanted to know was what their names were - so he cold sell them. That's it. Just a way of making money. The sad thing is, so many of the reptile show dealers are just like that (you can tell by talking to them). They are in it because it's a transient business - they don't have to worry about returns, guarantees, receipts, or return business. There are a lot of people selling at shows that chose the industry simply because it's a fringe industry. There's a lot of shady stuff in the industry, simply because it's not mainstream. And it's sad that it attracts non-mainstream morality.
I am a devout capitalist, but I must admit that I hold this industry to a higher standard than most industries. It's because I am in the hobby first, business second. I get pissed when I see someone get taken advantage of, legally or not. There are few reptile dealers, and not many more breeders, that I trust enough to recommend. But just look at how many there ARE out there.
I mean, jeeze - for as small as the herp industry is(relatively), it still needs something like the BOI on fauna - and that is a busy little forum there.
There's a lot of snakes in this industry.