My cousin was discussing with me a few ideas to make money right now. He owns a construction company and as most of you know, the economy sucks. People aren't spending money on remodeling homes like they were a few years ago. His business is struggling pretty badly right now. 2011 is probably his worst year in the last 15 years.
I see the same problem with my painting business. I can't get the same prices I use to even though all my expenses have gone up. It seems as though everyone is looking for price over quality. It's probably because of fear of our economic future.
So we were both throwing around ideas on how he can make money. He came up with an idea that sounds crazy but I'll let you be the judge.
There's a problem in his county right now with recycling. They cut recycling pick-up to once every 2 weeks. He's been noticing large amounts of recycling when he drives through the neighborhood. He's been listening to friends and neighbors complain for the past few months.
So he comes up with an idea to offer recycling pickup for friends and family for a fee of $20 a month. He would go around with his truck and pretty much just pick up people's garbage. Then he would take that recycled garbage and separate the metal, glass and plastic then go and sell it to a scrap yard.
I told him he was nuts but then we started to think about it. If he got 100 customers at $20 a month, that would be $2000. If he got 1000 customers then he would bring in $20,000 a month. Keep in mind that this figure does not include any money he would make from the scrap yard. And you all know the prices of metal these days.
Another interesting fact is that his county is the largest in New Jersey. They have well over 200,000 households. he's the type of person that knows everyone. Wherever I go with him, it seems like he's the mayor. lol.
So now if he can get just a small % of 20,000 households and hire 2 workers to work for him full time, It gets me thinking that maybe he's not crazy. Read the story about 1-800-You got junk! They basically do the same thing.
What are your thoughts on this? Is it possible this can work? Could this be fastlane????
I see the same problem with my painting business. I can't get the same prices I use to even though all my expenses have gone up. It seems as though everyone is looking for price over quality. It's probably because of fear of our economic future.
So we were both throwing around ideas on how he can make money. He came up with an idea that sounds crazy but I'll let you be the judge.
There's a problem in his county right now with recycling. They cut recycling pick-up to once every 2 weeks. He's been noticing large amounts of recycling when he drives through the neighborhood. He's been listening to friends and neighbors complain for the past few months.
So he comes up with an idea to offer recycling pickup for friends and family for a fee of $20 a month. He would go around with his truck and pretty much just pick up people's garbage. Then he would take that recycled garbage and separate the metal, glass and plastic then go and sell it to a scrap yard.
I told him he was nuts but then we started to think about it. If he got 100 customers at $20 a month, that would be $2000. If he got 1000 customers then he would bring in $20,000 a month. Keep in mind that this figure does not include any money he would make from the scrap yard. And you all know the prices of metal these days.
Another interesting fact is that his county is the largest in New Jersey. They have well over 200,000 households. he's the type of person that knows everyone. Wherever I go with him, it seems like he's the mayor. lol.
So now if he can get just a small % of 20,000 households and hire 2 workers to work for him full time, It gets me thinking that maybe he's not crazy. Read the story about 1-800-You got junk! They basically do the same thing.
What are your thoughts on this? Is it possible this can work? Could this be fastlane????
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