Additional Business Considerations
When contemplating a livestock-based business venture, it is critical to assure that you can
properly and ethically care for your animals. Understanding that North American Paco-Vicuna®
farming is a business where you work with – and against – nature and semi-wild livestock animals;
both of which can surprise and humble you if you aren’t careful and mindful of all eventualities.
Your path to profitability may depend on if you are already a farmer, maybe with camelid,
livestock, or animal management experience – or – if you are new to farming, are you in a position
to put most of your available time into a venture with an even steeper and longer learning curve,
working not with any run-of-the-mill livestock, yet with a breed that is new and as of yet, not
widely known or raised in North America? It is definitely the hardest work – and one of the most
fulling occupations – you’ll ever encounter. Farming of any kind is also a long-term commitment
and rarely delivers a rapid return on investment. In all markets – including agriculture – there are
fads that temporarily drive up demand and prices – don’t fall for them. Raising North American
Paco-Vicuna® is not a fad or get rich quick scheme. However, if you raise North American Paco-
Vicuna® the right way, with the right planning, you can eventually earn some money.
If you aspire to do more than primarily market raw North American Paco-Vicuna® fiber, it will be
useful to consider how much knowledge of fiber and textiles you have – or need to learn – in order
to make good business decisions and someday create useful and marketable value-added products.
To increase your chance of realizing your long-term financial goals, you should consider
diversification to insulate your farm from fluctuating prices and to bring home additional income
from other types of livestock or farming that may not be the primary focus of your North American
Paco-Vicuna® business model.