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My son is 5 years old and already asks about money. While his understanding is limited, my husband and I do our best to explain time value and how dollar bills are just placeholders to buy the things we need.
When he first asked how he could make money, I laughed and told him not to worry about it until he’s older. But then I realized that it’s never too early to teach children how to be diligent, enjoy work, and make a few dollars to call their own.
So I set out to find something that my 5-year-old son could do. Naturally, it made sense to start with something he likes. Insects and small critters came to mind.
And that’s when we decided to learn how to start a worm farm and help our son make money selling worm castings for profit. While it takes some preparation to get started, I knew that raising Red Wiggler worms would be a great side hustle that my son would love to make his own.
Worm farming or vermiculture is the act of raising worms as a business in order to make a profit. According to Farms.com, worm farming is desirable because of the known benefits of high-quality compost.
One of the only types of earthworms for farming that can actually produce in high numbers is Red Wigglers or Eisenia Fetida (also sometimes called redworm, brandling worm, panfish worm, trout worm, etc.) According to Wikipedia, the Red Wiggler “is a species of earthworm that is adapted to decaying organic material.”
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If you list your worms on eBay, you can make up to $65 per pound or about 7¢ per worm as that is what current worm sellers are listing for right now. You can also start a Shopify store to sell your worms independently and list your own prices. For example, buckeyeorganics.net is selling its worms for about $36.95 per pound.
Getting started with your own worm farm is fairly inexpensive, especially if you can buy second-hand. You may even have most of the items needed already on-hand. You can find most of the items online or at your local hardware store.
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Worm farming for profit is a great way for lovers of the outdoors to make some passive income. Since it is so easy and inexpensive to get started, anyone who has a passion for it can successfully get started. Worm farming is an activity that the entire family could start together and enjoy as a fun project.
Before you become a worm farmer, it is important to do thorough research so that you can know how to do things properly before diving in. While worm farming is simple once you’re all set up, it’s easy to kill a whole batch of worms by feeding them the wrong foods or holding them in a bad area. You can learn all of the requirements and things to avoid in this complete training.
Kyle was just an ordinary guy who ran into some extraordinary circumstances. He needed to make some extra money to get his life back on track. He turned to worm farming and the rest is history. He shares how you can start your own worm farm and earn an extra $500 to $1,000 per month–or more if you put more into it.
Check out Kyle’s story and training here.
For beginner worm farmers, setting up a personalized business plan is highly suggested. You can start with this free business plan template to make your life simple. This resource will help you to personalize your plan and cover all of your bases before getting started and running into any issues.
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Worm farming for beginners can seem overwhelming at first but it can actually be very simple. There is no need to get overly creative or make it difficult. You can get started with a simple DIY container.
To set up your farm, drill small, even holes in your worm box lid so that they have air circulating through the container, prepare a bedding of shredded newspaper, ensure proper drainage, and add the worms.
Make sure to use quality plastic containers. If you don’t have a newspaper, you can also use shredded brown cardboard, or shredded non-colored or bleached paper for the bedding as that will be the safest for your worms.
Some great places to keep your worms would be your garage, basement, broom closet, etc. Worms prefer to be in dark moist areas, so you will want to make sure you have a good cover for your worm boxes.
There is no need to buy food for your worms as they will eat table scraps. This is another reason why worm farming is a super low investment business. Your worms will eat most fruit and vegetable scraps. Avoid feeding your worms large quantities of meat, citrus, onions, and dairy foods. Also, avoid processed foods as it can contain preservatives which will deter the worms from eating or potentially harm them later.
You can feed your worms on a schedule of once per week or as often as every two days depending on the scraps you collect. A good tip would be to keep a journal so that you can keep track of how quickly your worms are consuming their food. If your worm box starts to smell bad, that could be a good indication that they are being overfed.
You’ll need to buy your first batch of worms (unless you have some living in your backyard). You can check your local Petco or gardening store, or you can purchase your first batch on Amazon. This is one of your first real investments, but if you raise the worms right, they will multiply, and you won’t need to buy any more.
You can sell your worms online or in person by weight or you can sell worm castings. According to Gardening Know How, worm castings are an organic form of fertilizer–basically worm poop. Worm Castings act as a barrier to help plants grow in soil where the pH levels are too high or too low. They will help plants absorb nutrients from the soil by blocking extreme pH levels.
Once you’ve harvested extra worms or worm castings, you can actually sell them online or in person. Check with your local gardening or fishing stores to see if you can become a supplier. You can also sell them on eBay or open a Shopify store and ship them.
If you still have questions about starting a worm farming business, keep reading. It’s not a complicated process, but there are a few things you should know before getting started.
Be sure to check your state’s requirements with the Small Business Administration before selling anything. Although selling worms shouldn’t require a special permit. In some states, selling physical goods requires you to collect sales taxes. You can always double-check for changes in permit requirements on the SBA’s website as well.
The breeding cycle of worms is about 27 days from mating to laying eggs. Worms can actually double their population about every 60 days.
Anyone can buy worms to start worm farming for profit but most typical buyers tend to be gardeners or individuals who want to start a compost bin. Since worms are often used and sold as bait for fishing, some fishermen buy worms for this purpose. Red Wigglers are also great for feeding certain pets such as birds, turtles, and snakes.
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Worm farming is simple, but it’s not easy until you know what worms need to survive. Once you have the knowledge and put it into practice, it becomes easy. Make sure to check out this complete training so that you understand the process from day one.
If we can help my 5-year-old son to do it, then anyone can. You just need to make sure to feed your worms adequate table scrabs such as fruits and veggies and non-processed or fatty foods. You also need to keep them in some solid containers with non-toxic bedding that is comfortable for them
Worms will be the happiest in a dark and moist place such as your basement or a closet. It really is straightforward and inexpensive to get started worm farming for profit. Just remember that happy worms are profitable worms!
