One of the business ideas that I am projecting into the future is the development of a cashew plantation. Doing such a business at a medium scale, is it guaranteed to make me rich in the next four years? What do I need to do to succeed with a cashew plantation business?
Can I become rich by owning a cashew plantation?
- Thread starter Trush Jodie
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Sure, but you have to know how to run the business to make stable income that can help you become rich
Cashew is a cash crop that even has export value. And those kinds of crops easily makes someone to become rich faster.
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Yes I believe it's possible to become rich from just owing a big cashew plantation but it's not something that would happen overnight.
Cashew plantation is a big business. It is a very capital intensive business that requires long term work to yield and make one wealthy.
The only thing is that a cashew plantation would take a long term to yield. If that ain't a problem, it is one sure investment.
All business need you knowing how it works to be able to sustain it before trying to be rich with it
Yes! You will be making millions in no time. But you know cashew is not annual plant, it may take five years to start production. Secondly, you need to have land of your own or at least a lease that will last for many years!
It depends on the yield of the plantation, weather conditions and other factors. If some pests or disease affects the trees, you could also make a great loss.
Yes they are a lot of factors to consider when you think about being rich with any farm produce. You need to be proactive here
You must forgive me if until now I didn't even know what cashews were. But searching on Google I found that they are legumes that are also grown in Italy despite their origins coming from Brazil. However, I must not confuse them with peanuts which are something completely different.
You would definitely make so much money when you can establish a cashew plantation and it starts producing. You would become a millionaire assuringly for at least 25 years.
Wine production really utilizes cashew nuts. That is why it is a valuable export product in the international market.
A question comes to me spontaneously. We know that Donald Trump is imposing customs duties on imports and exports almost everywhere in the world. So will it always be convenient for us to trade by managing to overcome such really high taxes?
Cashew plantation is a business that some of our grandparents used to become multi millionaires and our own parents inherited them and are still making good money from it.
Here in Italy it is not possible to grow cashews. This is because these plants require a hot dry and arid climate that is not in my country
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I visited a cashew plantation, I was told by the owner that cashews bear fruits nonstop once they start beating fruits. They also last longer and grow bigger. Their nuts are of high value. It's a sure thing to become a millionaire if having a cashew plantation.
Yes that's right . it all depends on how you are running it. Some people can run a business that is money giving but don't even make money.
