Anon also doesn’t know about all applicable regulations and is yet to be audited by the IRS.
Anon discovered that you can earn money illegally until you’re caught.
Comment on Anon becomes a shrimp farmer
Donkter@lemmy.world 1 month ago
Anon discovers basic capitalism and lucked into an underserved market.
superkret@feddit.org 1 month ago
sugar_in_your_tea@sh.itjust.works 1 month ago
You can also earn money after you’re caught, but the protection money will eat most of your profits.
Buddahriffic@lemmy.world 1 month ago
And making the mistake of telling everyone. If everyone gets into it, it will stop being profitable. Though everyone will have cheap shrimp, so it’s not a complete loss.
I wonder how much it costs to maintain the farm and if it’s worthwhile for small scale production for personal and friends/family.
Gradually_Adjusting@lemmy.world 1 month ago
Isn’t this technically just commerce? At least until he does an IPO.
Donkter@lemmy.world 1 month ago
No? He’s acquiring capital (land, shrimp farm equipment, shromps) and using his labor to create something (more shromps) and selling his product for a profit.
He owns the property, takes the investment risk, and keeps the profits. In theory he’s competing in a market with other shrimp sellers but like I said from the sound of it the market is pretty thin so he gets to sell for a huge profit.