Hi Guys

i am now trying my fourth business, but this time i am starting with smaller capital.
now it have been for 2 weeks, no gain yet but still hoping for the best in next 4 months

Title: REDCLAW PROJECT
Capital : RM500
a. 1x Air Pump 20L/min - RM30
b. 1x set of Mini Package consist of 6 adult lobsters, 6 premature lobsters and portable air pump - RM290
c. 4x rectangular basin - RM20 each. Total RM80
d. 3x set of batteries size D - RM12 each set. Total RM36
e. 2 feet of PVC pipe for lobster hiding spot - RM5
f.  2 x crab cuisine pellet for lobster food - RM14 each. total RM28 (recurring on monthly basis)
g. Other miscellaneous stuff
h. Minor renovation = Not required since i am putting all the basin in one of my house room

Workers : No workers
Opinion : Slow profit earning and need to focus on market or alternative buyers. But the maintenance cost is really minimal since lobsters are high disease resistance. No need special attention since u only need to feed them and let them breed.
Expected Monthly Income :
Considering I have 3 pairs for adult lobster and each pair will give about 80-500 eggs.
Since I am newbie and lot more to learn, there is only 30%-50% chance of success in breeding the lobster babies.
3 pairs x minimum 80 eggs x 30% success chance = 72 of lobster babies
these babies will mature within 4 months with average price of RM40 each.
So, RM40 x 72 / 4 months = RM720 per month

I know it sounds very low but looking at how it been done, i can consider this is my passive side income

Hello Sifus,

I just started to work in ShenZhen a couple months ago. Found out that smart phone and tablets accessories are extremely cheap here. I was thinking to be some sort of supplier for fellow Malaysian who are selling these accessories in Malaysia.

PM me if you are interested!

Thanks.