Ewaste?? Was it the next big thing?

Originally Posted by bigburtchino

Is the e-waste side of scrap business sustainable?, Was it just a fluke? Gold and the other PM's had their run and E-waste was just another "Gold Rush"? Is it worth the effort for such a diminished payment? How long before we see those better profits again? 1 year? 2 or will it be 5 years? If we invest in a E-wast business, what will it be like in 20 years? How can I better my return on my efforts and investment? Is it worth it? (heard that one before?).

There's no doubt in my mind that it's both viable and sustainable. My objective from the outset was to set up an environmentally responsible process that could generate just a bit of extra income for a retired fulla. I am getting to an age where it's getting harder to do the "team of one" Iron Man carpentry gig. It's okay for the time being, but the handwriting is on the wall. The day will come that i have to hang up my hammer and go on to something else.



Was reading an article in Forbes magazine a few years ago ..........

Maine and Louisiana were ranked as the two WORST states in the union in which to operate a business. I've been operating a (very) small business here for the last fourteen years and i can see why. There are many factors in the mix. Suffice it to say that it would only take one or two critical errors in judgement to put you under. Most of our new startups fail within the first five years.

Point being: If small scale e-waste works as proof of concept here it should work on a much larger scale in an environment that is friendlier to business.

IMHO, so much of the success or failure of a new venture hinges on prudent management and making correct decisions. You've got to be really tuned in to the world around you because the only constant is change. You need forward vision and be able to accurately predict what the landscape is going to look like in a few years. You have to change and adapt before the next wave of change crests. To do more of the same harder because it always worked in the past is almost certain to be the kiss of death.

I opted to scale back on e-waste this month simply because i can see some problems emerging in this particular business environment.

There are much larger forces than myself in play right now.