Just wanted to thank everyone who has posted with their questions/concerns. I factored in 3 additional employees simply in case I needed some extra muscle on the day of the event. Basically I have a few people I'm considering (close friends which is why I stated $15 an hour. These guys make $40-50 an hour at their normal jobs). They have committed, however they work in the type of field where work pops up at a moments notice, and spring is a very busy time. I have 3 other guys on standby in case any/all of my original 3 were unable to make it for whatever reason. I realize printers, TV's, monitors, VCR's and other low profit items are probably going to make up a good majority of the items, but I am planning on charging $10-$15 for each TV/Monitor (Initial thought) in order to not only cover my costs but maybe also generate a little for the organization I'm hosting the drive for. My intention is on initially trying to have the non-profit/organization front the cost for labor, and maybe a portion of the trailer/truck/storage unit cost ($500 ballpark figure but I have an exact number in mind). I would then return half of that initial fee back to them, plus 50% of any profits going back to the organization. I'm pretty confident that given enough time and networking I can make it worth that to them, and also profitable for both parties. I've done sales and customer service for most of my life, so I know how to sell and talk to people like most people know how to breath. I only need 1 yes, and am more the willing to get 100 no's before getting that 1 yes. A company held a similar event at our local zoo and they had to shut it down half way thru because they were overwhelmed with the response and material. I'm by no means saying that will be the case with me (although I'm obviously hoping for that), but I'm lucky to have some very smart and successful friends and business minded people around me. Although I'm not planning on asking them for any investment backing, they can , and have given me a ton of useful advice/suggestions, tips when it comes to business logistics and running a successful company. So I'm very fortunate from that standpoint as well. Any other advice or ideas, criticism, etc is more then welcome.
@Mike- No I welcome all the feedback, positive or negative, that people want to give
Honestly.
@Auburn - I figure that TV's/CRT's and Printers will make up a good portion of the material, but I've made great returns on printers, parts, and I'm also not taking TV's/CRT's for free. I'm more then willing to take them, and deal the with logistics of getting them recycled properly, but I will not lose money on them. This drive is more about getting my name out there and trying to raise some funds for charity. I'm fully aware this is not going to help me retire or shoot me into the limelight, but its definitely a step in the right direction.
@Hobo- Great Idea my friend. I have heard/read on the forum about people using these as
business cards, and actually had forgotten all about them, until you mention it. So thanks for that Hobo
Question for all of you out there who have held a drive: What would you have done different that might have made it a more profitable or beneficial to you? Did you get any leads/contacts that lead to either a steady flow/load of material, or even residual customers. I'm curious to see what you might have to say.
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