Forums59
Topics1,050,052
Posts14,151,203
Members144,434
|
Most Online39,925 Dec 30th, 2023
|
|
Re: Guides Rate to lower due to Gasoline Prices
[Re: Ranger1]
#11411491
02/13/16 02:04 PM
|
Joined: Jan 2004
Posts: 16,990
ezbassin
TFF Guru
|
TFF Guru
Joined: Jan 2004
Posts: 16,990 |
Average 20 days a month of service @ 450+ per day = 9,000 a Month (Some more some less) Average 8 months a year = 72,000 annually ( Some more some less) Not a bad living That would be gross income according to your average estimation but you have to subtract direct costs associated with that average income to get at a net figure. That "net" figure is what you have left to spend on everything else.
|
|
Re: Guides Rate to lower due to Gasoline Prices
[Re: Nutman]
#11411515
02/13/16 02:21 PM
|
Joined: Jan 2004
Posts: 16,990
ezbassin
TFF Guru
|
TFF Guru
Joined: Jan 2004
Posts: 16,990 |
Average 20 days a month of service @ 450+ per day = 9,000 a Month (Some more some less) Average 8 months a year = 72,000 annually ( Some more some less) Not a bad living but that's revenue... how much of that $72k goes to expenses? It's not the same as a guy with a normal job making $70k Quit it with all that common sense stuff! That would be common sense if you only worked 66% of the year. The monthly amount should be multiplied by 12 not 8. you have already adjusted for only working 20 days per month (5 day work week--some more, some less) so that s/b $9,000 x 12 or $108,000 per year. average cost to do business at 25% ,,, so minus $27,000 = net income of $81,000 That is better than the median income today of middle class, not as good as some & better than others certainly does not mean they can afford to charge less just because the cost of fuel or bread goes down. just means they should put a little extra in the bank savings account for the leaner times. One thing no one has mentioned and it is talked about a lot on here,,,,,the trip tip !!!! Tips are a part of income just like a waitress. 20 trips per month x 12 months = 240 trips per year with an average tip of $100 = an additional $24,000 That just put a guide at a net income after expenses of $105,000. So,,,somewhere between $80k & $105k after expenses. More power to em' ,,,,, they earn every penny of it. "Net" income $105,000, LOL, ask any guide on Fork. I don't think you will find even 1 that makes a Net income of $105,000 per yer guiding.
|
|
Re: Guides Rate to lower due to Gasoline Prices
[Re: RedRanger]
#11411544
02/13/16 02:40 PM
|
Joined: Sep 2006
Posts: 12,519
JIM SR.
TFF Guru
|
TFF Guru
Joined: Sep 2006
Posts: 12,519 |
guides will only charge what the market will support..
|
|
Re: Guides Rate to lower due to Gasoline Prices
[Re: RedRanger]
#11411566
02/13/16 02:49 PM
|
Joined: Oct 2006
Posts: 13,614
Ken A.
Groovy
|
Groovy
Joined: Oct 2006
Posts: 13,614 |
Last time I called a plumber to my home it was $105 a hour!! No offense to the plumbers on here but that is what I call a little extreme. Yes, it was 7 pm but that was over ten years ago!! And No, I didn't give him a tip...
I made so much money in four years guiding on Fork, I retired. LOL
I don't know Billy but he is dead on. Most guides at Fork or any other popular lake would love to be able to get paid to fish 200 days a year. That's $90K a year LESS income tax, & expenses. That is not $90K NET. Huge Difference guys!! Notice Marc Mitchell said he fished 240-280 days a year but he is not getting paid for all of them.
We've had this debate about 20 times before on this forum. There will always be those that think the guides are getting rich and there will always be those that live in the real world and truly understand how much it costs to be an independent small businessman.
|
|
Re: Guides Rate to lower due to Gasoline Prices
[Re: RedRanger]
#11411687
02/13/16 04:07 PM
|
Joined: Jun 2011
Posts: 16,975
921 Phoenix
TFF Guru
|
TFF Guru
Joined: Jun 2011
Posts: 16,975 |
A few years ago I remember most guides especially around Fork that had pretty steep price increase due to high gas price, and I understand that, it was almost $4.00 per gallon.
It seem like most rates especially Fork is around $450 per day full day, Seems like it was $275 for full day back before gas price increased.
Has anyone seen guides rate come down since gas has been at such a low rate? Red Ranger I think most guides were at 375 before they went to the new 450 rate. I think most guides could go back to 375-400 if they chose to. I do think they are like the airlines once they get the increase takes a act of congress to come back down. I will also say this most people that can afford the 375 are not going to say much about the extra money anyway especially if they had a good trip. They do not get rich on guiding since most only get about 150-200 days a year. The only thing that gets a lot of guides by is they get paid in cash and hard to prove how much they got for taxes. LOL I do believe 450 plus tip is a ton for one guide day but it only comes out to about 40 to 45 thousand a year in money. I wouldn't guide for that. Guiding is hard work to do it day in and day out. The guides usually have bad backs time they are 50. I think this is a luxury so we should only hire a guide if we can afford it. This isn't for everyone because of price. I believe getting a guide for most people is a once in a lifetime deal so get the best you can and enjoy your trip it will be worth it for most people. just my .02
|
|
Re: Guides Rate to lower due to Gasoline Prices
[Re: RedRanger]
#11411733
02/13/16 04:48 PM
|
Joined: Jan 2011
Posts: 4,196
rxkid2001
TFF Team Angler
|
TFF Team Angler
Joined: Jan 2011
Posts: 4,196 |
I'm no guide but I don't think many, if any, are in it for the $$. Making a living doing what they love has to be what drives them. The price might be steep but its well worth it.
|
|
Re: Guides Rate to lower due to Gasoline Prices
[Re: RedRanger]
#11411734
02/13/16 04:49 PM
|
Joined: Mar 2007
Posts: 16,440
forkduc
TFF Guru
|
TFF Guru
Joined: Mar 2007
Posts: 16,440 |
Bottom line,once price goes up it will not go down. Unless their business falls off.
|
|
Re: Guides Rate to lower due to Gasoline Prices
[Re: Nutman]
#11411738
02/13/16 04:51 PM
|
Joined: Mar 2007
Posts: 16,440
forkduc
TFF Guru
|
TFF Guru
Joined: Mar 2007
Posts: 16,440 |
|
|
Re: Guides Rate to lower due to Gasoline Prices
[Re: Greg Z]
#11411741
02/13/16 04:54 PM
|
Joined: Mar 2007
Posts: 16,440
forkduc
TFF Guru
|
TFF Guru
Joined: Mar 2007
Posts: 16,440 |
Don't forget that a lot of guides are running 4 strokes now,with better gas mileage and no oil needed. Add back oils changes/filters.
|
|
Re: Guides Rate to lower due to Gasoline Prices
[Re: RedRanger]
#11411764
02/13/16 05:10 PM
|
Joined: Feb 2003
Posts: 1,107
Wayne McLean
Extreme Angler
|
Extreme Angler
Joined: Feb 2003
Posts: 1,107 |
I was fortunate enough to have a job (now retired) that included a good budget for entertaining customers. Most of my customers loved fishing rather than golf, so over a fifteen year period I took well over 200 guided trips on Fork.
I know how tough a job it is--most have to work 7 days a week March-May, only to have spotty bookings after that. Also, the hours on the water is only part of their day--the boat still needs to be cleaned, gassed, put away and tackle readied for the next day. Phone calls have to be answered each evening. Most good ones spend a lot of non paid days on the water, like Marc said in order to stay on top of the fish.
I have the ultimate respect for guides. They earn every penny.
|
|
Re: Guides Rate to lower due to Gasoline Prices
[Re: RedRanger]
#11411784
02/13/16 05:23 PM
|
Joined: Nov 2008
Posts: 7,687
361V
TFF Celebrity
|
TFF Celebrity
Joined: Nov 2008
Posts: 7,687 |
I have respect for guides also. It is NOT a "get rich quick scheme"! That being said: the OP simply asked if those guides that used high fuel prices as a published reason for raising rates have considered lowering rates due the huge drop in fuel prices? Although it was a stupid question because the answer was already known, it was a legit question none the less. Look at the original question/statement before feeling the need to defend all the guides.
|
|
Re: Guides Rate to lower due to Gasoline Prices
[Re: RedRanger]
#11411801
02/13/16 05:36 PM
|
Joined: Nov 2008
Posts: 7,687
361V
TFF Celebrity
|
TFF Celebrity
Joined: Nov 2008
Posts: 7,687 |
This is why the question was legit! Buc-ees yesterday:
|
|
Re: Guides Rate to lower due to Gasoline Prices
[Re: RedRanger]
#11411892
02/13/16 06:42 PM
|
Joined: Jun 2005
Posts: 3,161
BASSNDOOD
TFF Team Angler
|
TFF Team Angler
Joined: Jun 2005
Posts: 3,161 |
It seem like most rates especially Fork is around $450 per day full day, Seems like it was $275 for full day back before gas price increased.
Price is not bad considering you could be spending that much ($400-450 or more) EVERY month if you bought your own boat.
I am The National Rifle Association, and I am Americas Safest Place!
Jan. 20, 2017...The end of an ERROR,
"..if you don't read the paper, you're not informed. If you do read the paper, you're mis-informed." - Mark Twain
|
|
Re: Guides Rate to lower due to Gasoline Prices
[Re: RedRanger]
#11411902
02/13/16 06:53 PM
|
Joined: Jan 2008
Posts: 14,766
Fishspanker
TFF Guru
|
TFF Guru
Joined: Jan 2008
Posts: 14,766 |
It should keep them from having another price increase.
If they charge $450 and average $50 tip for $500 a trip for 150 trips a year that's $75k a year gross income. They are lucky to net $50k a year likely they net less.
No way I would want live on it.
Last edited by Fishspanker; 02/13/16 06:57 PM.
The Sheep who only fears the Wolf is eaten by the Shepherd.
|
|
Re: Guides Rate to lower due to Gasoline Prices
[Re: Ranger1]
#11412053
02/13/16 08:52 PM
|
Joined: Nov 2014
Posts: 25,581
SteezMacQueen
TFF Guru
|
TFF Guru
Joined: Nov 2014
Posts: 25,581 |
Average 20 days a month of service @ 450+ per day = 9,000 a Month (Some more some less) Average 8 months a year = 72,000 annually ( Some more some less) Not a bad living The guides don't "profit" $450 a day. Mark, above, just said that he gets $25 an hour for his time. The rest covers expenses. He's making around $50k a year. Not a bad living. Not GREAT living. However,not is fishing for a living....sort of. Which in and of itself isn't too bad.
Eat. Sleep. Fish.
|
|
Moderated by banker-always fishing, chickenman, Derek 🐝, Duck_Hunter, Fish Killer, J-2, Jacob, Jons3825, JustWingem, Nocona Brian, Toon-Troller, Uncle Zeek, Weekender1
|