Game Over - Page 2

Bullion- Hope to hear from you if there is a price recovery in steel. In the meantime enjoy your trucking gig!! Sounds like that's your main action anyway.

1 cent per pound here - -- Im done scrapping --- Even when prices go back up I dont want to ever scrap like used to again unless its just side money -----

3 cent a lb here. I'll never stop scrapping. It's a by product of almost every business I'm in. Heck, I've been keeping all of my non-ferrous metals to turn in when they go back up just because it's not income that I need and it's an investment.

Not adapting or making changes to your scrap metal efforts with the "down turn" in prices we have all experienced in the last year or more, that would be just INSANITY! We each do what we think is best for our own individual situations. Getting out of the scrap "game" is a personal decision, I'm sure you will continue to apply some of what you have experienced and learned in the scrap business to your new endeavors. I wish you all the best and good luck to you.

Insanity: doing the same thing over and over again and expecting different results.Albert Einstein

Surely steel isn't .30/lb? I need to move to New York if it is.

Don't bother. They moved his Cheese and he's not about to go find more. He will wait for the price of Cheese to go back up... and wait... and wait...

I've attempted several "self employment endeavors" in my life, mainly because I just dont like working for others. My father raised nine kids and ran his own buisness his entire life. Im new to the forum, but not to the buisness world. All I want to say is this. For those of us with the entrepeneur spirit, making the decision to shut down a buisness can be very hard. Ive done it a few times and later regretted it. To me its not a matter of assesing the situation and making a financial decision (although thats a part of it for sure)
as much as assesing my own level of determination and willingness to fight on and push through the hard times. (wich by the way, ALL buisnesses experiance at some point). Is there ANY way I can cut expenses without sacrificing customers? Is there any way I might bring in a bit more capital? Could I afford some advertising, and would it help? Perhaps join with another buisness owner some where close by and find a way to help each other? Is there ANY THING I can do, mabye not to keep on at the same level of income, but at least at enough to keep the buisness open untill the market rebounds? Because if or when it does, its the ones that are already set up and established with a decent client base that will reap big reward. Starting over is a *****. All that said, Im certainly no expert. Mabye I just felt like rambling. Too much coffee perhaps. But what ever you decide, Know that some folks do understand your frustration and wish you the best.

Originally Posted by logansryche

Could always go after another commodity or even get into EWaste, but like webuyselltradestuff said, you have to adapt. Business' that don't adapt fail. I supose if you're that wanting to get out of scrapping you could always sell your truck and trailer for more then scrap value - just don't expect to get blue book or nada values for em.

Yes go after non-ferrous and E-Scrap at this time it brings a great margin.

Well, the scrap yard is gonna pull both my bins in 2 weeks-they can't afford the trucking although they charge me 30 bucks per ton for trucking.

So whether I like it or not, I am done with scrap in 2 weeks.

Most of my trucking customers are gone as well.

Hello, burger flipping job-can't wait! NOT!

Before you do that, try to get into the clean out business or something similar. A pickup and a dump trailer (or a utility trailer) will take you a long way.

AGW- I always enjoy hearing your perspectives on things. You must be boo coo busy as you haven't posted much lately. Is WI's mrat season opening up soon? Are you going to make some sets??

Don't mean to jack your thread bullion, I know you're going through some tough times. If there are ways to figure out new ventures and avenues of revenue, there are folks on here that can suggest some interesting ways. Good luck and stay warm this winter!!

Well, the last roll off bin has left my yard.

Cleaning up my spot at the storage facility and then moving on.

Going to stock pile in my back yard for a couple of months.

Looking for a full time job to pay my bills as my trucking company is officially dead.

Still picking up non ferrous as well as appliances, furnaces and water heaters.

Found a used appliance shop that pays 10-20 per used appliance.

Going to be a pretty lean Christmas this year.

bullion- I'll keep you in my thoughts and prayers this Christmas season that something opens up for you. If it didn't take so much cash and have to deal with 2 sets of customs officials, I'd send you a box of frozen pheasant meat. Any dish you can use chicken for, pheasant can be substituted instead. Jerky might be easier to mail but still don't if that would make it through customs. I'll check it out...

Non ferrous is the way to go. I've always delt with it. Only a few times have I hauled in just shred. I imagine it would be difficult to run an operation. Focused mainly on a commodity that was only as much as $.10/ pound in its hayday. I know not everybody can recycle a/Cs but the majority of weight in an a/c was worth $1/pound when it wasn't so bad a few months ago, and is now still $.80/pound. Then other components are a buck fifty or buck thirty or forty cents. I can't imagine going after a trailer of something only worth ten cents a pound. If it's that low to begin with there isn't much of a comfort margin. If non ferrous don't work. You could learn to fix those appliances and sell them for hundreds a piece, and do that on the side of your burger Flippin job.