Results 1 to 9 of 9
  1. #1
    Zrow12345678 started this thread.
    SMF Badges of Honor

    Member since
    Dec 2012
    Location
    Newton kansas
    Posts
    1
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Im having trouble figuring out how to split the earnings?

    I want to begin scrapping with my uncle but were unsure on how to make this fair. He currently fills a 40ft steel container to pay rent for the shop he works out of and he scraps the electronics to eat off of and for a little extra play cash. what are some ideas of things I could do to put money in my pocket or how the earnings can be divided so that hes not losing out but were both gaining?


  2. #2
    MattInTheHat's Avatar
    SMF Badges of Honor


    Member since
    Sep 2012
    Location
    rock hill, sc
    Posts
    1,464
    Thanks
    1,142
    Thanked 1,396 Times in 703 Posts
    are you planning on sortin g the stuff better or finding him better prices?

    If so, you could split the difference between what he would have gotten, and what you get for him. While you are at it, try to learn some of his skills, never know when they may be useful, or could provide a temporary job.
    Currently looking for a job in or related to scrap/recycling. Relocation is possible for the right offer.

  3. #3
    wadarbr549's Avatar
    SMF Badges of Honor


    Member since
    May 2013
    Location
    southern ohio
    Posts
    412
    Thanks
    175
    Thanked 505 Times in 204 Posts
    i have deals with several of my friends who haul junk.....i strip all the e waste (( anything with a board im interested in )))) for them....i get the boards for my labor ..and they get a nice clean pile of sorted junk..if there is a good bit of weight i pay them 10 cents per pound for the boards...if i get something thATs considerably valuable like a good hard drive or something ill kick them some extra cash after i sale it.....keep in mind this is what i do with friends and family....i usually have to make them take anything when i go to pay them,,,they are happy with just getting there stuff stripped for free..

    i also do this for a couple businesses i pay them anywhere from 20 to 40 cents per pound for the boards i take , and they are all very happy with this

  4. The Following User Says Thank You to wadarbr549 for This Post:


  5. #4
    saabsw's Avatar
    SMF Badges of Honor


    Member since
    May 2012
    Location
    Pittsburgh
    Posts
    59
    Thanks
    100
    Thanked 68 Times in 30 Posts
    Like the others have said, help him break down everything for max profit, maybe this will free him up to go out and get some more scrap for the both of you.

  6. #5
    hobo finds's Avatar
    SMF Badges of Honor


    Member since
    Nov 2010
    Location
    tucson, az
    Posts
    4,758
    Thanks
    6,037
    Thanked 5,910 Times in 2,556 Posts
    So is he only taking electronics or other scrap? If only electroincs not much you could do, even breaking down boards to make more money. Make sure he is removing high dollar boards and stuff, but even then if he is selling local, I am not sure how much more money you could get by mailing it to buyers here.

  7. #6
    F350scrapper's Avatar
    SMF Badges of Honor


    Member since
    May 2014
    Location
    Minnesota
    Posts
    156
    Thanks
    71
    Thanked 151 Times in 68 Posts
    See if you can get a better price for the material than he is. If so take the differance. For example many of my buddies get alot lower prices for their material since they dont bring the volume like I do so I can take their stuff in for them and I make money and they do as well.

  8. #7
    t00nces2's Avatar
    SMF Badges of Honor


    Member since
    Jul 2014
    Location
    Sarasota, FL
    Posts
    1,707
    Thanks
    1,191
    Thanked 2,350 Times in 964 Posts
    Get your own vehicle and trailer and do your own scrapping on your own, or if you want to help your uncle, throw scrap on his pile and don't worry about getting money for it. Perhaps clean it for/with him or show him where some of the better lodes are while you drink a beer and have a good time with your uncle.

    In my experience, it is way better to gift help than it is to try to figure out how to get a piece of his action.

  9. The Following 3 Users say Thank You for This Post by t00nces2:


  10. #8
    phred59's Avatar
    SMF Badges of Honor

    Member since
    Jul 2014
    Location
    Northwest AR
    Posts
    276
    Thanks
    288
    Thanked 504 Times in 200 Posts
    Do you contribute to the scrap pile or are you just looking to stick your hand in his cookie jar without leaving crumbs all over the counter?

    But either way, my best advice is: Try asking your uncle himself. See what he says. He will cut you in if he sees a benefit i'm sure.
    Intellectual property has the shelf life of a banana - Bill Gates

  11. The Following 3 Users say Thank You for This Post by phred59:


  12. #9
    Hurrikane's Avatar
    SMF Badges of Honor


    Member since
    Jun 2011
    Location
    South Park,PA
    Posts
    172
    Thanks
    95
    Thanked 155 Times in 66 Posts
    Quote Originally Posted by phred59 View Post
    Do you contribute to the scrap pile or are you just looking to stick your hand in his cookie jar without leaving crumbs all over the counter?

    But either way, my best advice is: Try asking your uncle himself. See what he says. He will cut you in if he sees a benefit i'm sure.

    What phred said. What are you bringing to the table? His idea or yours?


  13. The Following User Says Thank You to Hurrikane for This Post:



  14. Similar threads on the Scrap Metal Forum

    1. This thead is a question - figuring out visitor/watcher patterns
      By ilyaz in forum Ebay Traders
      Replies: 5
      Last Post: 05-10-2014, 10:09 AM
    2. Split/cracked/cut skin on your hands
      By auminer in forum A Day in the Life of a Scrapper
      Replies: 25
      Last Post: 01-11-2013, 07:11 AM
    3. How do you Split the Costs?
      By NOTaSCRAPER in forum General - Let's talk business
      Replies: 10
      Last Post: 05-17-2012, 07:14 AM
    4. What kind of weekly earnings a hard working new scraper can make
      By cato in forum General - Let's talk business
      Replies: 6
      Last Post: 02-16-2011, 03:11 PM
    5. how do you guys split the profit?
      By vamped400 in forum A Day in the Life of a Scrapper
      Replies: 10
      Last Post: 02-16-2011, 03:08 PM

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

 
Browse the Most Recent Threads
On SMF In THIS CATEGORY.





OR

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

The Scrap Metal Forum

    The Scrap Metal Forum is the #1 scrap metal recycling community in the world. Here we talk about the scrap metal business, making money, where we connect with other scrappers, scrap yards and more.

SMF on Facebook and Twitter

Twitter Facebook