How To Set Up A Dog Poop DNA Lab
Setting up a dog Poop DNA lab is not as complicated as you might think. Most of the research has already been done and published, so with a little reading and a few bucks you can quickly set up a dog poop genotyping lab and compete with companies like Mr Dog Poop and Pooprints.
Why Set Up A Dog Poop DNA Lab?
You would set up a dog poop DNA lab for one reason, to make money! Dog poop is the most despised enemy of multifamily housing which in itself is a massive industry making up as much as 18% of the US GDP.
According to the U.S. Bureau of Economic Analysis roughly 3-5% of GDP is from construction of new single-family and multifamily structures and remodeling of existing structures. Combine that with 12-13% of GDP consisting of rents and utility payments by tenants and you have a big chunk of this nations economy. In fact, the multifamily housing industry accounts for over 3 TRILLION dollars annually which is nothing to laugh about.
The biggest threat to those properties and profit margins is "DOG POOP".
While that may seem absolutely insane, the fact is, people will avoid living at properties with too many dog poop complaints making it very hard to fill units and decreasing rents and ultimately profits. In act, many properties are sold simply because they cannot get the dog poop under control.
With just 2 companies currently running dog poop DNA labs serving a 3 trillion dollar industry as you can imagine, they are making big bucks testing dog poop. But more importantly, it is impossible for 2 companies to service 3 million multifamily properties and HOA's in the United States alone, not to mention the opportunities in hundreds of other countries.
With respect to potential growth there is no other market that is so wide open and has such a massive upside. According to Mr Dog Poop their customer base is doubling each year since they first started and their biggest challenge is scaling the facilities and staff fast enough to keep up with demand. They are expecting annual revenues of $15Million+ by 2025.
The company's owner says it simple, with one lab tech we can process about 200 swabs a day 5 days a week, at $35 each or $35,000 each week bringing revenues to around $1.7 to $2 million annually. We simply need to add more lab techs, more space, more inventory, shipping capacity as new customers are acquired. Reaching $20 million annually is not just a dream anymore, it is a quickly approaching reality. Of course none of that happens without a significant investment.
What Is The Cost Of Setting Up A Dog Poop DNA Lab?
Everyone will have different skills and budgets, so it is hard to give an exact number on the cost of setting up a DNA lab. There is plenty of surplus and used equipment that can be purchased at discounted rates, so being on a tight budget should not be an issue.
The fact is, DNA labs are not that complex. In fact, the entire process can be done at a desk and a table while sitting down. The difficult part about a dog poop DNA lab is creating a process for actually matching the poop.
Fortunately, there are commercially available products from major companies for genotyping dogs. So the hard work has already been done for you.
The fact is, this might be the next big thing, an untapped market with deep pockets where anyone can get involved without schooling, huge investments or experience.
The best part about starting a DNA lab is once you have it set up, you can do any numbers of thousands of different DNA tests for all sorts of animals. Dog poop is an option, but the sky is the limit as far as the kinds of tests you can offer.
DNA science is so commonplace now in today's culture, it is no longer a dream to be able to start your own DNA lab, it just takes a little entrepreneurship, commitment and the courage to take a risk.