Money Making Hobbies For Retirees: Starting a Microgreen Business

Money Making Hobbies For Retirees: Starting a Microgreen Business

Embarking on the journey of starting a microgreen business is catching the tide of the rising demand for nutritious, locally sourced produce, microgreens have emerged as a culinary favorite, celebrated for their intense flavors, rich colors, and concentrated nutrients. This burgeoning interest presents a golden opportunity for aspiring entrepreneurs to tap into a niche yet rapidly expanding market.

Overview Of A Microgreen Business

A microgreen business involves growing and selling microgreens, which are young vegetable greens harvested just after the cotyledon (leaves first leaves to appear from a germinating seed) have developed, and possibly with one set of true leaves. These plants are usually harvested 7 to 21 days after germination, depending on the species, and are used for their nutritional value, flavor, and visual appeal in a variety of culinary dishes.  Microgreens can be grown from a wide range of vegetables and herbs, including but not limited to arugula, radish, basil, beets, kale, and mustard greens.

Skills You Will Need to Learn In Order To Start A Microgreen Business

If you’re thinking about starting a microgreen business, you’ll need to develop a variety of skills, especially if you’re new to the field. Starting out, you’ll need to learn about how microgreens grow. This includes understanding their needs for light, water, soil, and temperature. You might not get everything right immediately, but after three or four rounds of planting, you’ll start to see what works best.

Choosing the right seeds is also important, and you’ll need to learn how to prepare them for planting. Keeping your soil healthy and nutritious for your microgreens is another key skill, as is managing any pests and diseases that could harm your plants.

Beyond growing microgreens, you’ll need to know how to sell them. This involves figuring out who might want to buy your microgreens, like local restaurants or markets, and what these customers are looking for. You’ll also need to keep an eye on what your competitors are doing. These business and marketing skills can be developed through a combination of self-teaching, hands-on practice, and formal education, depending on what resources you have available and how you learn best.

How Do I Learn These Skills?

YouTube is an excellent resource for learning how to grow microgreens, offering a wide array of videos tailored to both beginners and advanced growers. The platform is particularly helpful due to its step-by-step tutorials, which meticulously guide viewers through every stage of the microgreen growing process, from choosing the right seeds to the final harvest. For visual learners, the opportunity to see the process unfold is invaluable, as videos demonstrate the setup of growing trays, management of lighting and watering, and solutions to common issues such as mold or pests. Additionally, YouTube creators frequently explore a variety of growing mediums, lighting setups, and seed types, allowing viewers to learn about different methods and discover the best practices for their own needs. The interactive aspect of YouTube also plays a significant role; viewers can benefit from community feedback in the comments section, where experiences, tips, and modifications are shared. Furthermore, many YouTube growers provide regular updates and follow-up videos, which help address ongoing questions and tackle problems that might emerge during the growing process.

If you’re considering using YouTube to learn about growing microgreens, here are a few popular channels, at the time of this writing that focus on microgreen cultivation or urban gardening:

On the Grow: They provide tutorials specifically on microgreens and often discuss different varieties and their specific needs.
Epic Gardening: This channel covers a broad range of gardening topics, including in-depth guides on microgreens.
Curtis Stone: While he focuses more broadly on urban farming, he has valuable insights on efficient small-scale agricultural practices, including microgreens.

Equipment for a Microgreen Business

Starting a microgreen business requires some basic equipment and supplies. While the exact start-up costs can vary based on the scale of your operation, location, and the specific crops you decide to grow, here’s an overview of the essential equipment and costs you’ll need for launching a small to medium-sized microgreen business.

Other than Youtube, another great place to learn about microgreens are professional organizations.  Listed below are a few you may want to research:

American Horticultural Society (AHS) – Although not specifically focused on microgreens, the AHS offers a broad range of resources and networking opportunities that can be valuable for anyone interested in horticulture.

National Gardening Association (NGA) – The NGA provides educational resources and community support for gardeners of all types, including those specializing in small-scale and indoor gardening practices like microgreens.

Hydroponic Society of America – For those interested in soil-less growing methods, which are popular for microgreen cultivation, this society offers insights into advanced hydroponic techniques and networking opportunities.

Local farming cooperatives or agricultural extension programs – These often offer workshops, seminars, and networking opportunities. Many university-affiliated extension programs provide specific training and resources for microgreen cultivation.

Urban Farming Organizations – Many cities have urban farming groups that focus on small-scale agriculture, including microgreens. These organizations often offer workshops and community projects where you can gain hands-on experience.

Equipment to Purchase

  • Growing Trays and Shelving Units: $100-$300
  • Grow Lights: $50-$200 per unit, depending on quality and quantity needed.
  • Seeds: $50-$100 initially, varying with the types and quantities of seeds.
  • Growing Medium: $30-$100, based on the medium type and volume.
  • Watering System: $20-$100, from manual to semi-automated systems.
  • Temperature and Humidity Control: $100-$500, depending on the need for heating, cooling, or humidity equipment.
  • Packaging Supplies: $50-$200, depending on the type and quantity of packaging.
  • Miscellaneous Supplies: $50-$200 for initial purchase of meters, scales, and other tools.

How Much Money Can I Make?

The amount of money a part-time microgreen grower can earn varies widely based on several factors, including the scale of the operation, local market prices, operating costs, and sales channels.  As an example, if a part-time grower manages to produce and sell 10 pounds of microgreens each week at a price of $30 per pound, the gross revenue would be $300 per week. After subtracting the costs of seeds, supplies, and utilities, the net profit could be significantly lower, depending on their efficiency and specific costs.

Expanding your microgreen business with strategic add-ons is a good way to boost revenue and diversify your income streams. Incorporating additional products or services that complement your primary offerings can attract a broader customer base and enhance your business’s overall value proposition. Among the many add-on ideas to consider, value-added products such as packaged salads, microgreen-based pestos or sauces, and dried microgreens for culinary use present opportunities to cater to a variety of customer preferences. Additionally, offering DIY microgreen kits and branded growing supplies can empower your customers to explore urban farming themselves, fostering a deeper connection with your brand.

Microgreen Customer Niches

Exploring niches within the microgreen business can help you target specific markets and differentiate your offerings. Here are five promising niches to consider:

Gourmet Varieties for High-End Restaurants: Specializing in rare or unusual microgreen varieties that can be marketed to upscale and fine dining establishments. Chefs in these venues often look for unique flavors and presentation options that set their dishes apart.

Organic Microgreens: Focusing on organically grown microgreens to cater to health-conscious consumers and premium markets. This niche can be particularly appealing as consumers increasingly seek out organic and sustainably sourced food products.

Home Delivery Subscription Services: Offering a subscription service where a variety of microgreens are delivered fresh to customers’ doorsteps regularly. This service can appeal to busy professionals who want to add nutritious ingredients to their meals without the hassle of shopping.

Educational Workshops and Kits: Providing educational workshops or selling DIY microgreen growing kits. This niche taps into the trend of home gardening and the educational market, helping people learn about urban agriculture and grow their own fresh greens.

Microgreens for Smoothies and Juices: Cultivating microgreens specifically selected for their nutritional value to be used in smoothies and juices. This niche can cater to fitness centers, health bars, and directly to health-focused consumers.

Embarking on the journey of starting a microgreen business is not just about cultivating tiny greens; it’s about planting seeds of change towards a healthier, more sustainable future. As you step into this green venture, remember that success in the microgreen market is as much about nurturing your crops as it is about cultivating relationships with your customers and community.

If you would like more side hustle ideas for either preretirement or retired people, please visit sidehustleforretirees.com.

Tags: