Small small $
Big $$
Ladle $$$
Fire hose $$$$$
6 months ago pretty much had the same level of knowledge around as now� So that statements a little bizarre.
Either way for a 15,000 Job for just 150 pounds per shift is absurd. We are doing a 2000 kilo per shift job now for 15,000$ including 3 days on site training including everything you just mentioned.
If you were so positive about what you were charging you wouldnât be here. 150 pounds per shift is a tiny scale.
You should probably be half that for such a small build. If that
Well as I mentioned twice now, itâs now a 1000 lbs max extraction capacity facility per shift. Really wouldnât be hard for them to scale it up 4X when they have the money so I donât see how you think itâs worth less than what you did for your recent lab other than these guys donât want to dump more money in it for the time being, otherwise I wouldâve built it much larger. And when itâs done Iâll probably spend more than 3 days training them because as I mentioned, they donât know how to use any of it at this point.
And yes, a lot of people didnât know how to do this back then that do now. How is that even debatable? The hemp rush hit hard this year and a ton of labs had to learn t removal just to sell their disti
Lots of strangeness in here, like with @Siosis, he thinks 4-6k is a fair charge for everything you stated in your first post? His replies lead me to believe he doesnât comprehend what you are asking, nor the project. Donât know about your locale and economy, but with a project of that scope, 5-10k would be my retainer before a single billable hour.
And donât believe for a second your potential client doesnât believe they can get you cheap. If 15k is all the capital they wanna spend up front, get an attorney to write a contract, you get .05 per gram extracted output for 12 months, paid quartely, with quarterly audits by your cpa with their cpa. If they are serious, a few pennys skimmed per gram shouldnât be too difficult a pill to swallow. Good luck.
Good Lordy what do you charge? 15k retainer before starting? People out here be way over confident or something. But hey if you can get someone to buy you a new Lambo per consult by all means ainât gonna hate on the hustle
No, thatâs not too much.
Not by a long shot.
Theyâll make that back a thousand times over from the prefab lab with instructions , and SOP, goddamn skipping any trial and error.
Yes itâs worth it
To be able to remediate the THC is an invaluable sop
and you would charge 4-6k to teach a company how to ethanol extract, how to make isolate, how to make distillate, how to remediate thc, how to crc, write their SOPs, along with designing, procuring equipment, and be available throughout the build out of the lab? Iâll pay you 15k as a subcontractor to do all that, it would allow me to be with my kids full time, travel without care, build a new house, and line up more clients for me to sub you out on so I can continue to be with my kids full time, travel without care, build another new house, and line up more clients for me to sub you out on so I can be with my kids full time, travel without care, build another new new house, and line up more clients for me to sub you out onâŠ
First and foremost, thanks again everybody for their input.
I agree fully that 15k was fair before this post and even on the cheap side. One reason I knew it was worth it for them right off the bat is the industry connections Iâve built over the last 6 years. I was able to get them ultralow freezers under warranty for $8000 less than retail value and another $6000 on their evaporation unit. I also got them a discount on their distillation gear but it only came out to about $1000. I happened to know a guy moving his lab across the state who was looking to move his c1d2 booth and got $5000 cheaper than retail value. That said, I saved them more money than I charged total before I even stepped foot in the lab. I feel like most people wouldâve pocketed that extra cash and chalked it up to being paid for their connections. I didnât.
Itâs also going to take a lot more than three days to train and probably more than 2 days to set everything up. Iâve been to countless meetings, phone calls and face to face conversations. When I train them, Iâm not going to show them how to run it once and walk away. That would be highly irresponsible of me considering, again, they have no extraction experience. Iâm going to dedicate at least 3 days of training and probably an additional 3-5 days overseeing operations to make sure they get it right and I know that there will still be phone calls down the road because things happen. Iâm not buying a lambo for 15k lol
That being said @Sativasfied if you ever need someone to sub out those contracts for you, Iâll do it for 15 any day! Lol
Itâs a pre written out SOP for all of that⊠the equipment procurement takes like 3 days if that of calling and doing calculations.
This is for hemp so thereâs no CRC for my side.
But everything else is pre existing SOPs and pre existing builds. All that changes is the scale. Itâs all Very simple no matter how hard ya try to make it sound.
So if they Wana be dumb and need me there all the time and call me daily sure they could rack up a huge bill. But Iâd they Arnt idiots like the usual amount of people that have atleast some background in this or chemistry then nah they shouldnât need to put down a 15k retainer and then continue to rack up massive bills.
The most time consuming part is the onsight training. Which costs like 2 grand a day or so. Then it comes down to how stupid they are. But ya yâall are gouging people.
Different ways to do business. You do you brother
Happily sub for 15k a day. As it would take maybe a week to set it all up. If that. Then onsight training. Your charging crazy amounts of money, interesting you can still get contracts at those rates. People must not know many consultants, or you got one hell of a pitch
250,000$ for any major consulting.
If someone has money and has no clue how to process?! Lmao then why are they here?
Best part is what happens next. How does that story go again about the farmer that just planted hemp? Ya why isnât he a processor? Why isnât that farm able to formulate products? Why canât they create a brand?
On and on it goes.
People that think they are smart and know everything are literally the most ignorant.
More you know, more you realize how much more you can learn.
What you gonna do when solvents get obsoleted?
Lemme guess, pay another consultant??
Isolate is only worth $1200 now. If youâre getting more for it than youâre lucky your buyer is ignorant.
Keep stock piling it tho this is awesome!!
Donât hate on the consultants, hate on the corporate chads and brads.
Keep your prices for services extremely highâŠespecially outside the industry!! Colabs are one thing - selling out to moneyâŠbetter get top dollar
And if youâre OG in this game or at a minimum a good person / good consultantâŠyou should be able to save close to or More $$$ than your fees just on equipment discounts and efficiency.
Get equity too. 1-5%
You contradict yourself a lot here @Siosis
First you say that my statement about the value being different six months ago is really bizarre then you say âIâm surprised people can still get those ratesâ
You also say that youâre âcharging 15k for a 2000 kilos a day outputâ and then go onto say âitâs all really simple and scalableâ
Seems to me like we have our bottom dollar average (siosis) and another willing to charge $250k
I think greenmachine put it best way earlier in the thread. It all depends on what you and the person youâre teaching feels is fair.
Thanks again for the input everybody! Hope you all enjoy your Sunday!
Shit!
Youâre supposed to charge for this stuff?
Siosis also doesnât want to pay people with chemistry bachelorâs as much as I think they can be worth, so really thereâs no contradiction in what he says to charge, basically the company owners are who he thinks should make all that $$$$
Value 6 months ago? I said the knowledge was the same 6 months ago as it is now. Same methods. Just more people seeking out how to do it cause more companies are opening up.
It is all really easy itâs a simple template thatâs scaled up or down depending on clients needs of capacity.
I think charging 250k and asking for 3-5% equity is near predatory. But to each their own!
But If you got guys with more money then brain cells then more power to yâall hustle away.
I donât pay my bills with consulting I just do it to help the community. I own a processing lab so maybe thatâs the difference?
The rates comment was about what yâall charge for consulting not prices for thc remediation
If you go back and read that thread every major player that commented short of kush agreed. Just because you have a bachelor of chemistry does not entitle you to more then 20$ an hour without experience.
Ironically the lowest paid guy of my 8 guys is 55k and my highest is 210k so ya. Stand by that statement. Anyone paying a guy 60k a year just cause he has a bachelor in chem is a fool. Now if he has a masters in a very applicable skill that transfers or a PHD then thatâs a different conversation entirely
Woah I never said just anyone with a chem bs deserves 60k, I know one formerly at my company who for sure wasted at least 20$ perhour in spills⊠Sounds actually like you pay your people well, I retract everything about your pay ideas
I know a guy who just graduated from 5yrs of chemistry and he cant do 90% of what is needed in a lab. I agree experience means alot, but also all i have is 10yrs experience no formal training and i couldnt get a job around here
Hardly anyone is commenting on this thread actually. And thereâs not really much to even talk about.
I can say with first hand knowledge that almost every company large and small is having a really hard time.
And that is without compliance and enforcement.
You think the market is difficult now, wait until the tax man and his associates start showing up.
And are you even doing things legally.
Who is actually banking on hemp sales?
Ya if youâre talking about setting up a crew of Guys with a spinner and some t free lol
Ya thatâs not much work
Or good thinking.
What youâre talking about Siosis is basically what any equipments sales company will do for free.
Install, training and some sops
Youâre adding in a c1d2 booth.
Point is, compliance is valuable to know, and so much More to making a successful company/.
You get what you pay for.
I guess I havenât ever met someone of a company that had everything planned out except how to extract and use the equipment. Interesting
The in-line t remediation for a scale of 20k lbs per day feedstock to crude to disti
Eqyuommwnt is 500k and the consumables come with a per gram royalty.
3.5M for the equipment to get crude and disti 20k lbs. A day.