quit your day job

  • PATRONS: Did you know we've a chat function for you now? Look to the bottom of the screen, you can chat, set up rooms, talk to each other individually or in groups! Click 'Chat' at the right side of the chat window to open the chat up.
  • Love Gotmead and want to see it grow? Then consider supporting the site and becoming a Patron! If you're logged in, click on your username to the right of the menu to see how as little as $30/year can get you access to the patron areas and the patron Facebook group and to support Gotmead!
  • We now have a Patron-exclusive Facebook group! Patrons my join at The Gotmead Patron Group. You MUST answer the questions, providing your Patron membership, when you request to join so I can verify your Patron membership. If the questions aren't answered, the request will be turned down.

docdean1

NewBee
Registered Member
Feb 11, 2009
34
0
0
san diego,ca.
for everyone that owns or started up a meadery..how long did it take for you all to be able to quit your day job and be able to sustain yourselves on the meaderies alone?

i just cant get enough of this site...ive been reading it for 2 weeks straight!
 
for everyone that owns or started up a meadery..how long did it take for you all to be able to quit your day job and be able to sustain yourselves on the meaderies alone?

i just cant get enough of this site...ive been reading it for 2 weeks straight!
I don't know if a Canadian model will help -- due to differences in Liquor Licensing -- but if you want to talk to someone who just recently got their license to sell mead, and has been making it and producing their own honey for years:

Google "Campbell's Gold" in Abbotsford, BC -- pull up their website and see if you can get Mike Campbell to answer some of your questions. He should have some time, as I believe he has put his Bees to "Bed" for the winter some time ago.
 
for everyone that owns or started up a meadery..how long did it take for you all to be able to quit your day job and be able to sustain yourselves on the meaderies alone?

i just cant get enough of this site...ive been reading it for 2 weeks straight!

Glad you like my place, docdean! Welcome, and I hope you find all the info you need to make great mead!!

Sounds like you're considering the 'pro' route. I highly recommend that the first step be (if you haven't done this already) to develop your recipes so that they can be reliably duplicated every time. Probably 60% of the professional meads I've encountered are bad. So bad that I wonder how they stay in business. Making a good mead that can be reliably reproduced in large quantities is *hard*.

Once you've done that, you need a really solid business model and marketing plan. Without that, sales tend to be unpredictable. I've spoken with many professional meadmakers, and without exception, they all say that their recipes were first, while they did their research for their meadery startup process, and their business model is what allowed them to go full time.

I've been operating this site for over 10 years now, and have seen quite a few meaderies start up. Unfortunately, at least 50% of those don't make it, mostly due to jumping in too fast or over-extending themselves.

The market for mead is a narrow one. I'm sure you've run into the 'what's mead?' question many times. Our vertical market drink, while appealing to nearly all who encounter a good mead, still has to be approached with care, so as to get those 'converts' you need to keep your business going.

You should plan for at *least* 2-3 years of operation before you could make a living at it. The first couple years you'll be putting all your profits back into R&D, equipment upgrades and expansion, distribution and marketing. Of course, if you have a sugar daddy (or momma) bankrolling you, this might be different, ;D.

Finally, how fast you can go full time with it will really depend on *where* you are. Obviously, a place like Rabbitsfoot in San Francisco, has a bigger local market than say, White Winter, which is up near Duluth, WI. Plus, the CA meaderies have an already educated wine crowd that is much thicker on the ground than say, Montana, or Arkansas (or North Carolina, where I live). A knowledgable local customer base will fuel your business faster than one who is not.

Some of the startups I've seen that are succeeding take it upon themselves to educate their local market themselves. It takes a lot of time, effort and sometimes money, but they're doing it and succeeding!

Here are just a few mead-only (a lot of meaderies also do wine) meaderies that have 'made it', and are going strong:
  • Rabbitsfoot Meadery - Mike Faul, the owner, left his job as a programmer about 10 years ago, and makes his living as a meadmaker
  • Redstone Meadery - David, the owner, has also done this for a number of years and makes his living making mead
  • White Winter Winery - they operated from their basement for about 3 years while doing their 'day' jobs, and are now full timers

These are just the few that come to mind. The Canadian models will be interesting, but theirs is fundamentally different than the US, as Canadian meaderies are required by law to produce their own honey with their bees, where in the US honey can be purchased elsewhere.

Hope this helps a little bit, and again, welcome to my place!!
 
The Canadian models will be interesting, but theirs is fundamentally different than the US, as Canadian meaderies are required by law to produce their own honey with their bees, where in the US honey can be purchased elsewhere.

Seriously? Wow, that's harsh. I wonder what the rationale was behind that.
 
Doc,

I feel the same way. Many of us here would love to go pro. I don't know your situation or experience level. I would recommend you approach this the way you would any other business. Start formulating a business plan and looking at ROI. If this is just a day dream, it will sober you up quickly. If you're still interested, you'll have a decent idea what you'll need to get started.

Good luck.

Kee
 
I completely agree with Vicky. A meadery will require a huge investment, even if you can't afford it up-front. You'll be continuously re-investing in new and bigger equipment for at least the first year. In my opinion, you CAN NOT run a successful (read: Full-time and profitable) meadery using 6 gallon carboys. So getting paid is not something you should count on in your first year.

I had the misfortune of getting laid-off only a few months before our meadery opened. So I didn't have much choice but to go full-steam ahead. We've been getting a lot of press, and sales have been good, but everyone's situation will be different. My wife still works full-time and I do freelance software development to pay the bills.

Some of the things that have helped us get a quick start were not even due to our own efforts.

1. Michigan wineries (yes, we're considered a winery) are allowed to self-distribute their products to retailers, restaurants, bars, and individual consumers. This has allowed us to peddle our products door-to-door without requiring a distributor to do it for us, and take a big cut of the profits in exchange.

2. We are centrally located in the heart of Metro Detroit. While that might sound like much, Oakland County (immediately North of Detroit) was once one of the wealthiest counties in the country. Over 50% of all alcohol sales in Michigan are generated in the Metro Detroit area, and people have the money to spend on quality alcohol. Or at least they do for now.

I don't tell you this to discourage you. Only to help you understand what I had to find out the hard way. If I knew then what I know now, I probably wouldn't have pursued the idea of starting a meadery. But now that we're open, I'm glad we did it. Though it is certainly not as glamorous as it seems. Remember, running a meadery is a business first. Cleaning, book-keeping, sales, marketing, paperwork, taxes, and insurance are things that aren't nearly as fun as meadmaking, but make up a majority of the job.


Good luck!

Brad
 
Thanks for the input, Brad. That helps a lot. Also, Brad, like he says, is in a fairly good situation business-wise, being centrally located in the middle of his main customer base and having favorable distribution laws in Michigan. Had he located in say, North Carolina, where everything goes through the ABC first, second and last, his climb would be considerably tougher.

The meaderies I've spoken to tend to quote, on the average, 2-3 years to get profitable to the point where they can even *begin* to start pulling living expenses out of the mix, because again, reinvestment in the business to improve equipment is key to success in growth.

There was a meadery here in NC that tried to make a go using 5-gallon carboys, and he lasted just over 2 years. And had to keep his day job the whole time. He couldn't keep up with inventory (kept selling out), and lost sales and contracts as a result. The business would have taken off, had he been able to expand as he needed to, and could keep up with demand.

Running a meadery is running a business, and it is a balancing act. If you love to make mead, and your friends all tell you its great, then we hope to see you take it pro so we can all enjoy it. But, make sure either you or someone you plan to work with has the head and will to handle the hard, complicated and very *boring* part of running that business.

I'm not trying to discourage *anyone* here. I *love* to see new meaderies open, and Brad in Detroit, Eli in Maine, the Brothers Drake in Ohio, all know I love to see y'all go 'pro' and will support you any way I can.

Just...be careful, and pay attention to the gory business details, as I really don't want to see someone sour on their hobby because of lack of planning to take it into a business. Like they say...."Let's Be Careful Out There"....
 
Here's a couple of links that may help you work through all the necessary business aspects of starting a meadery.

The Winery Start-up & Business Plan Workbook, produced by Southern Illinois University. It's geared towards Illinois, but the general concepts should be portable to any State. - http://www.southernillinois.biz/downloads/wineryworkbook.pdf

The Dollars and Sense of Starting a Small Winery, an article from the Ohio Wine Producers Association. Again, geared towards Ohio, but should be useful in helping determine what questions you need to ask regarding your personal situation. - http://www.ohiowines.org/winery_starter_kit.shtml

Obviously, these are all geared towards grape wine, but I should think there are plenty of similarities that the documents are useful. I found them useful in laying out my business plan, but then I haven't actually tried putting that business plan to the test.