I talked to a wealthy friend of mine about ideas for business. He advised me to begin like he did - by dumpster diving and scouting yard sales. Very little cash output, choose only quality items, clean it up or mend it a little and sell it at your own yard sales. I have another friend who finds amazing things in the dumpsters - she has playhouses, riding toys, etc. for her children - they look new, but she got them out of the dumpster and just cleaned them up. So, whats the opinion on this? Is it too degrading? The first friend I mentioned now runs an entire swap meet, owns several homes, nice cars, etc. (It took him about 10 years, though, to get on his feet).
Also, I am not planning to quit my job for this. :-) Thanks for your input. BB.
2007-07-25 05:32:15 · 7 answers · asked by bb jo 5 in Business & Finance ➔ Small Business
He is giving you good advice. Only problem is that there are a lot of people out dumster diving no-a-days.
My now ex-wife and I worked up a good antique business, kind of that way. No dumpster diving, but tons of garage, yard, patio, moving, and estate sales. Sell it at yard sales, flea markets, and swap meets. You kind of get an idea of what is saleable and what is not, what is junk and what you might make a profit on.
At the end of 14 years we had our antique business in a 4,500 square foot store (rented of course) in the antique row where we lived.. We also sold other peoples stuff on consignment, which is a good way to make a couple of bucks. Even put in a deli, for the antique shoppers that came into the area.
Main thing about starting a business is to get into something that you like and enjoy, other wise it is just a job, that you don't like and I think that we have all had at least one of those. Your own business isn't a 9 to 5 job either, so if you like it you, the extra hours aren't so bad.
Good luck on what ever you go for.
DE
2007-07-25 11:41:05 · answer #1 · answered by Anonymous · 1⤊ 0⤋
There are other ways to make money without diving in dumpsters. You usually need to go work for someone who does what you want to do for a while so you can learn the biz a bit. After 6 months or a year hopefully youll be ready!
2007-07-25 12:37:38 · answer #2 · answered by timssterling 4 · 0⤊ 0⤋
Ten years is a long time. Do you have that much time? And can you dedicate yourself to dumster diving for that long?
I have an alternative. It's not multi-level. Though to someone new, it may seem like it. (I have nothing againt MLM's, I've tried several of them. It's just that they don't work for the average person).
I'm recommending a 15 year old company which has a proven track record, and which had a plan the average individual can successfully implement to create an above average income in two to three years, while working part-time.
2007-07-25 14:48:39 · answer #3 · answered by livemoreamply 5 · 0⤊ 0⤋
Hmm, well that's amazing that it worked out for your friend. You should go for it. Do it on the s ide of your full time job of course. Ask your friend the steps and process he executed to get to where he is today. How much time did he put in at the start? etc?
Good luck. I personally wouldn't do a business that involved getting things out of dumpsters, but hey if it worked for him he must be doing something right, right? lol. Take care
2007-07-25 12:37:40 · answer #4 · answered by Wayne D 1 · 0⤊ 0⤋
It sounds like a nice/fun hobby to make some side cash, go for it, girl!
2007-07-25 12:36:34 · answer #5 · answered by JMA 3 · 1⤊ 0⤋
You will surely have some clown offer up their multi-level marketing scheme as answer.
2007-07-25 12:35:10 · answer #6 · answered by Anonymous · 1⤊ 0⤋
It's a good idea.
2007-07-25 12:35:44 · answer #7 · answered by Matthew O 5 · 1⤊ 0⤋