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Hobbies & Interests
Hunting & Fishing
Is being an Oklahoma fishing guide a realistic first/second job?
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<blockquote data-quote="Okie4Life" data-source="post: 2864308" data-attributes="member: 17516"><p>Keep in mind that most guides in Eastern, OK charge (on average) around $350 for a 6-hr trip. I realize some of them run 2 trips a day, but there are also a lot of days with no clients.</p><p>Lets assume that you have a trip schedule 70% of the time - that's 250-days a year. In the trip to the lake, depending on where you live, you have truck fuel and boat fuel, which can easily run $50-$100/day. Most guides provide iced coolers and at least water. Daily expenses are pushing $75/day. Now your looking at $275 net income/day * 250-days = $68,750. But that doesn't include benefits, ins, liability ins. You are also going to put a lot of hours on a boat and miles on a truck so you would need to factor in upkeep and replacement cost for each. While it is mostly a cash business, for the sake of the internet lets say you report it all to the IRS. Self employment taxes are quite steep. There are obviously exceptions to all of this but it seems like a good base from my computer!! </p><p></p><p>It seems do-able. Especially if you already have most of the equipment and are good at finding and catching fish. Good luck!</p></blockquote><p></p>
[QUOTE="Okie4Life, post: 2864308, member: 17516"] Keep in mind that most guides in Eastern, OK charge (on average) around $350 for a 6-hr trip. I realize some of them run 2 trips a day, but there are also a lot of days with no clients. Lets assume that you have a trip schedule 70% of the time - that's 250-days a year. In the trip to the lake, depending on where you live, you have truck fuel and boat fuel, which can easily run $50-$100/day. Most guides provide iced coolers and at least water. Daily expenses are pushing $75/day. Now your looking at $275 net income/day * 250-days = $68,750. But that doesn't include benefits, ins, liability ins. You are also going to put a lot of hours on a boat and miles on a truck so you would need to factor in upkeep and replacement cost for each. While it is mostly a cash business, for the sake of the internet lets say you report it all to the IRS. Self employment taxes are quite steep. There are obviously exceptions to all of this but it seems like a good base from my computer!! It seems do-able. Especially if you already have most of the equipment and are good at finding and catching fish. Good luck! [/QUOTE]
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Is being an Oklahoma fishing guide a realistic first/second job?
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