The average lifespan of an olive tree, accounting for disease and cold snaps, is about 500 years. Assuming no increase in production, no risk of land disruption, etc., my family has in their possession 2.5 Million olive tree-years worth of lifetime economic value.
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In terms of pure volume of olive oil, that's about 8.75 Million liters of olive oil. Every decision I make with respect to business partners or investors *must* start with this frame in mind. Olive oil is *the definition* of family business. You just can't do it any other way.
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That anyone outside of my immediate family could ever remotely assume they'd be involved in the operational side of this business is truly and utterly baffling to me, on every conceiveable dimension of reality.
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Some basic math: Let's assume the trees last unperturbed for 250 years (next 3 generations). A realistic scenario. Let's say we cap out at 10,000 trees, each producing 3.5 liters of oil annually, valued at $50 USD per liter.
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250 * 10,000 * 3.5 = 8.75 Million Liters. 8.75 Million * $50. That's $437,500,000 in lifetime value. $2 million per year in guaranteed income for 3 generations. Not too shabby.
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But that's just our family farm. What if we built a monopoly in the region, by leveraging our connections to consolidate production, and export our oils through a consortium of high-tech FDA-approved milling facilities?
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I like the generational way you think, man.
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