Farmer Clocks ₹50 Lakh/Acre from Avocado Nursery Business
The COVID-19 pandemic has been a testing time for many, but for Harshith BS, it presented an opportunity to turn his passion into a profitable business. With the rising demand for exotic fruits, Harshith decided to take the leap and start an avocado nursery business in Mysuru, Karnataka. Today, his business has grown exponentially, with an annual sales of 50,000 avocado saplings and a whopping profit margin of 50%. In this blog post, we will take a closer look at Harshith’s journey and the factors that contributed to his success.
Harshith’s Decision to Quit His Job
Before venturing into the avocado nursery business, Harshith was working as an IT professional. However, the pandemic changed his perspective, and he decided to take a leap of faith and pursue his passion. He quit his job and started learning about avocado saplings, determined to make a success of his new venture.
Harshith’s Journey to Success
Harshith started his business with 10,000 avocado saplings in Mysuru, Karnataka. He spent several months learning the art of preparing avocado saplings and understanding the market demand. His hard work paid off, and soon his saplings became popular among farmers and consumers alike.
As the demand for his saplings grew, Harshith expanded his business to cover more acres of land. Today, he has an annual sales of 50,000 avocado saplings, making him one of the largest avocado sapling suppliers in the region.
The Profit Margin
One of the key factors that contributed to Harshith’s success is his profit margin. He has a 50% profit margin on each sapling, which has enabled him to grow his business exponentially.
“We started with a small investment, but as the business grew, we were able to scale up our operations and increase our profit margins,” Harshith said in an interview.
The Turnover
Harshith’s avocado nursery business has clocked a turnover of ₹50 lakh from one acre of land, making it a highly profitable venture. His business is now a model for other farmers and entrepreneurs who are looking to diversify their income streams.
“The avocado nursery business has been a game-changer for me,” Harshith said. “It has enabled me to earn a good income and also provided me with a sense of fulfillment.”
Factors Contributing to His Success
Several factors have contributed to Harshith’s success in the avocado nursery business. Here are a few:
- Market Demand: The demand for exotic fruits like avocados has been rising steadily over the years. This has created a huge market for avocado saplings, and Harshith has been able to capitalize on this trend.
- Quality of Saplings: Harshith’s saplings are of the highest quality, and he has built a reputation for providing healthy and disease-free saplings to his customers.
- Networking: Harshith has built a strong network of farmers and suppliers, which has enabled him to source high-quality saplings and reduce his costs.
- Marketing: Harshith has been actively marketing his business through social media and other channels, which has helped him to reach a wider audience and increase his sales.
Conclusion
Harshith’s story is a testament to the power of entrepreneurship and the importance of following one’s passion. With his avocado nursery business, he has not only created a profitable venture but has also made a positive impact on the environment.
For other farmers and entrepreneurs who are looking to diversify their income streams, Harshith’s story is an inspiration. With the right combination of hard work, market demand, and quality products, anyone can achieve success in the avocado nursery business.
