Results 1 to 11 of 11
  1. #1
    TechonologyRecycling started this thread.
    SMF Badges of Honor

    Member since
    Jul 2012
    Location
    NYC
    Posts
    2
    Thanks
    0
    Thanked 3 Times in 2 Posts

    New Member - New Business.... Beginning of a new life..

    It has been my goal to start an e-waste recycling company for the last 2 years of my life. I have been managing a fairly large private sanitation company in NYC for the last 3 years. Having seen an incredible decrease in paper collection over the last 5 years, I knew e-waste was what I needed to start thinking about.

    I have access to a decent amount of electronics through my customer base. I even had the added bonus of charging them for the removal of their material. Not being able to legally break down e-waste as a company I got my universal waste handlers permit and started collecting and storing and selling e-scrap in large quantities. Currently, I have about 60 gaylords of assorted electronics. Roughly 20 tons or so...



    Well... a calculated decision was made to sell the garbage company.. Part of the deal I made for myself was to take control over all e-waste collection for the next 3 years of both companies.. This has given me access to a customer base 6 times the base I had originally. Having worked for a company all of my life it is a completely new step to now work for myself. As you might imagine, I am very excited and anxious...

    I just got a building and will begin full operations in the next few weeks. I have found this forum to be extremely helpful and informative and hope to continue learning and sharing what I learn as I move forward.

    This is a rather large step and I know there are others here who have made similar moves. I was hoping some of you would share your experiences in starting a medium to large scale operation and some of the pitfalls you encountered that I should be aware of and possibly avoid.

    Thank you for reading! I look forward to reading all of your stories moving forward, possibly doing business with some of you and growing this industry together.

  2. The Following User Says Thank You to TechonologyRecycling for This Post:



  3. #2
    mikeinreco's Avatar
    SMF Badges of Honor


    Member since
    Dec 2011
    Location
    TENNESSEE
    Posts
    4,972
    Thanks
    1,257
    Thanked 5,023 Times in 2,350 Posts
    Like PDiddy said....."mo money mo problems" I wish you well

  4. The Following 2 Users say Thank You for This Post by mikeinreco:


  5. #3
    submarinepainter's Avatar
    SMF Badges of Honor



    Member since
    Sep 2011
    Location
    Maine
    Posts
    1,025
    Thanks
    1,230
    Thanked 654 Times in 316 Posts
    good luck!!
    Old dogs care about you even when you make mistakes;
    God bless little children while they're still too young to hate

  6. The Following User Says Thank You to submarinepainter for This Post:


  7. #4
    SMF Badges of Honor



    Member since
    Jul 2011
    Location
    Jacksonville, NC
    Posts
    4,917
    Thanks
    15,632
    Thanked 5,861 Times in 2,713 Posts
    Welcome to the forum. Best of luck with the new venture, Mike.
    "Profit begins when you buy NOT when you sell." {quote passed down to me from a wise man}

    Now go beat the copper out of something, Miked

  8. #5
    BRASSCATCHER's Avatar
    SMF Badges of Honor


    Member since
    Feb 2012
    Posts
    2,476
    Thanks
    3,436
    Thanked 3,965 Times in 1,383 Posts
    Where are you going to be located at. You should do well since there is a lack of ewaste buyers in the NYC area. Good luck .
    I won't be wronged. I won't be insulted. I won't be laid a-hand on. I don't do these things to other people, and I require the same from them.” John Wayne-- The Shootist

    NEWBS READ THIS THREAD ABOUT REFINING!!!!
    http://www.scrapmetalforum.com/off-t...ning-read.html

  9. #6
    Mechanic688's Avatar
    SMF Badges of Honor



    Member since
    Mar 2011
    Location
    Warsaw , Ind. In the heart of the lakes, and down the street from the hotel where Al Capone stayed.
    Posts
    9,568
    Thanks
    11,247
    Thanked 10,730 Times in 4,728 Posts
    I look forward to hearing about some of your adventures as you step up to the new business, your not the first one to attempt it. Good luck,,,
    P & M Recycling - Specializing in E-Waste Recycling.
    If you enjoy your freedom, thank a vet.

  10. #7
    TechonologyRecycling started this thread.
    SMF Badges of Honor

    Member since
    Jul 2012
    Location
    NYC
    Posts
    2
    Thanks
    0
    Thanked 3 Times in 2 Posts
    Quote Originally Posted by BRASSCATCHER View Post
    Where are you going to be located at. You should do well since there is a lack of ewaste buyers in the NYC area. Good luck .
    My shop is in NJ just outside the Holland tunnel.. I don't know about a lack of buyers.. There are certainly companies out there vying over the available material... The thing is there is a lot of material in such a small area... These large offices turn over their equipment very very quickly. I remember prior to the downturn in 2008, companies were replacing their equipment almost every year... Obviously, that slowed down quite a bit due to the lack of disposable income.. But, now things are ramping up again.. I have seen it first hand in my customer's waste streams..

    I read olddude's opinion. While I agree to a certain extent, I think his great fear of no more computers and only cellphones is a bit premature.. As the economy gets better and companies have a little extra money to spend they will replace their current units/workstations... It is inevitable.. The more money in system the quicker the replacement rate.. At least that is what I am banking on...

  11. The Following 2 Users say Thank You for This Post by TechonologyRecycling:


  12. #8
    BRASSCATCHER's Avatar
    SMF Badges of Honor


    Member since
    Feb 2012
    Posts
    2,476
    Thanks
    3,436
    Thanked 3,965 Times in 1,383 Posts
    Thanks, was hoping you were going to be on this side of the tunnels and bridges. As far as olddudes opinion I think the fear is the inevitable influx of lower grade overseas boards, with smaller sockets and less pm being used in the manufacturing of them. Of course this will eventually have the trickle down effect to the rest of us.

  13. #9
    Geiser093's Avatar
    SMF Badges of Honor

    Member since
    May 2012
    Location
    Pittsburgh, Pa
    Posts
    355
    Thanks
    157
    Thanked 471 Times in 159 Posts
    Wish you luck. I am going to jump into the e-waste full time by winter.

  14. #10
    thirsty's Avatar
    SMF Badges of Honor

    Member since
    Nov 2011
    Posts
    279
    Thanks
    115
    Thanked 227 Times in 88 Posts
    Welcome aboard, best wishes and God bless!

  15. #11
    SMF Badges of Honor

    Member since
    Jul 2012
    Location
    NYC
    Posts
    68
    Thanks
    10
    Thanked 37 Times in 20 Posts
    Just noticed I spelled Technology wrong in my original user name...

    The real issue I am facing is one that I think many others are facing as well... Permitting. As I get going I will write up my struggles to get a Class D permit for my facility. I know that it is a much easier process in PA than it is in NY and NJ. I have already run out of space in the space that we were renting... It is hard because the only things I can really scrap are the things that I am refurbishing.. I can't wait to be able tear down the stock pile I have and start making money off of it.. I have been forced to sell pallets of towers for .30 a lbs just to make room for the new stuff..


  16. Similar threads on the Scrap Metal Forum

    1. Replies: 39
      Last Post: 07-17-2016, 07:21 PM
    2. a day in the life...
      By Libertytow in forum A Day in the Life of a Scrapper
      Replies: 0
      Last Post: 09-07-2012, 01:15 PM
    3. 24 Hours In My Life:
      By DumbD in forum A Day in the Life of a Scrapper
      Replies: 16
      Last Post: 12-20-2011, 08:56 PM
    4. Today's life.
      By wavecrazed in forum A Day in the Life of a Scrapper
      Replies: 10
      Last Post: 11-20-2011, 07:01 PM
    5. Beginning To Really Hate Craigslist
      By Meadowview in forum General - Let's talk business
      Replies: 15
      Last Post: 04-12-2011, 01:31 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