View Poll Results: Keep the money or split the profit?

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  • Keep the money

    13 30.95%
  • Split the profit

    29 69.05%
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Unexpected profit - Should I give a kickback? - Page 3

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  1. #41
    Re-cycler is offline Metal Recycling Entrepreneur
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    If anyone is insulted by anything I post then my point has some substance.
    I would and have given my scrap to some people who need it, before I would sell at a profit to a others who think they should have it because they are better than the next guy.
    Sometimes just to make the point.



  2. #42
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    Well I guess you're just better than me then.
    Burly Smash![/COLOR][/SIZE][/FONT]
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  4. #43
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    We need a separate room for morality questions... This thread has gone south
    Jeremy Burrage - Founder & CEO
    Electrowaste Recycling LLC, Guntersville, AL
    https://www.facebook.com/pages/Elect...31655806922157

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  6. #44
    Re-cycler is offline Metal Recycling Entrepreneur
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    Quote Originally Posted by BurlyGuys View Post
    Well I guess you're just better than me then.
    That's not for for me to think or say but by your reaction to my way of life I must be somewhat inspirational and slightly evocative.
    Thanks!

  7. #45
    hobo finds's Avatar
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    Wwgd? Lol!

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  9. #46
    TMoney started this thread.
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    Before this gets outta hand, I've decided to give him a cut. Not because I in any way owe him, but because it's good PR. My biggest concern is that he realizes that he may do pretty good selling these used pumps himself, and cut me out.

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  11. #47
    TMoney started this thread.
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    Quote Originally Posted by Re-cycler View Post
    When I first posted the vote was 13-0 for keeping his word and not succumbing to greed.
    I don't understand where the confusion is coming from. There was never any agreement silent, spoken, or written. The guy gets this junk and needs to dispose of it. I once mentioned that I scrap, and he told me he'd give the stuff to me from now on. Money was never discussed. Starting with the second load, I began giving him my estimation of half the shred value. Other than me offering him money, and him accepting, we have never discussed exchanging scrap for money.

  12. #48
    BurlyGuys's Avatar
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    Quote Originally Posted by TMoney View Post
    Before this gets outta hand, I've decided to give him a cut. Not because I in any way owe him, but because it's good PR. My biggest concern is that he realizes that he may do pretty good selling these used pumps himself, and cut me out.
    You've answered your own question as to why NOT to do this my friend. As someone else suggested, buy him a steak dinner. Bring him beer. Drop off coffee and donuts. Don't make it a straight cash deal where he realizes he can make more elsewhere.

    Best wishes!

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  14. #49
    GeorgeB's Avatar
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    Quote Originally Posted by Re-cycler View Post
    Some people spend so much time looking for angles that they couldn't see straight if they had box blinders on.
    There truly is no gray area between right and wrong no matter how your contract is worded and what George might win in court.
    Giving out bad advice on a daily basis in not helpful to myself or anyone who reads it so I make great effort not to waste anyone's time.
    I have great disdain for schemers and coat-tailers looking for the fast buck with no regard for their fellow man on the other hand I really admire the dreamers who can apply imagination and originality with a little hard work to profit and benefit those around them.
    The rest of us get by and appreciate the little things.
    And why exactly is my name being thrown around in your post?

    Who is talking about right and wrong here? He made a business deal. He paid 50% of shred price to the seller. Seller accepted. He sold it, and made $140 profit off the deal? Where is there anything regarding right and wrong here?

    He did not lie to the guy, he did not pull a fast one over on him. He made a simple and legal business transaction.

    When did I say anything in this thread of taking anyone to court?

    When at any moment did I give out bad advice on this thread? All I have simple said, is that the OP made a business deal, and that deal is now concluded. That is the end of the deal. Seller is owed nothing more. Now if he wants to pay the guy more, or a gift card or take the money and take his wife out to dinner, it is all on him. Its his business and he can do what he wants. I have only shared my opinion like everyone else on here.

    As far as the rest of your comment, I am not getting into a pi$$ing match with no one.

    From now on, just leave me out of your little comments.
    George Beale - Founder & President - info@viprecyclingjunkremoval.com
    VIP Recycling Junk Removal LLC - Premier Scrap Metal, Junk, & Electronic Recyclers!
    http://www.viprecyclingjunkremoval.com

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  16. #50
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    Quote Originally Posted by BurlyGuys View Post
    Well I guess you're just better than me then.
    Me too! I guess we are d***** bags and stupid Burly for being in business to make a profit. What have I been thinking all these years.

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  18. #51
    Gangel
    Hahahahaha.

    Only question I have is how a good pump ended up in a shred pile? Someone got screwed up stream. Kickbacks will only open the door to more people getting screwed. Then next month one of YOU guys will show up complaining how expensive it was to get your well fixed.

    The original agreement should be set up to pay the "bills". Any "cream" is profit.

  19. #52
    Re-cycler is offline Metal Recycling Entrepreneur
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    I wondered how long that would take.
    ;?)

  20. #53
    TMoney started this thread.
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    Quote Originally Posted by Gangel View Post
    Hahahahaha.

    Only question I have is how a good pump ended up in a shred pile? Someone got screwed up stream. Kickbacks will only open the door to more people getting screwed. Then next month one of YOU guys will show up complaining how expensive it was to get your well fixed.

    The original agreement should be set up to pay the "bills". Any "cream" is profit.
    He told me that the guy the pump came from switched over his whole system. This is the second working pump, but the other was a cheap Sears 1/3 hp that I still haven't decided what to do with.

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  22. #54
    TMoney started this thread.
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    To all of the posters who actually READ my post, and gave an opinion either way: Thank you.
    I think the suggestions about giving him some sort of gift rather than cash are good advice. I don't want him to start expecting money for something he was giving away for free. I probably already started that problem by giving him money for past loads. What's done is done, and I'll continue to do it as 1/2 of the shred value is a small token of my gratitude.

    To Re-cycler: You were so quick to start preaching about morals, that I don't think you thoroughly read the OP. It was a simple arrangement (NOT Agreement), in which he gave me junk I could scrap, and I gave him a few dollars as a thank-you.
    Nevertheless, thanks for your input.

    To Burly and George: I totally understand where you guys are coming from. In the end, the goal of every businesses is to make money. Simply making money does not mean that anyone is necessarily being exploited. Thanks for your comments on the subject, and sorry you came under attack for being business men.
    Last edited by TMoney; 05-13-2013 at 04:06 PM.

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  24. #55
    Re-cycler is offline Metal Recycling Entrepreneur
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    Quote Originally Posted by TMoney View Post
    Just for clarification, we never really made an actual deal. He started giving me the scrap for free, and I started offering him the 50%. I'm sure that by now he expects the money, but it's never actually been discussed as "our deal". My wording in the OP may have been misleading.
    ,

    I apologize if I made you uncomfortable with the reaction to my opinion here, I did jump on and still count that 50% as a part of the deal.
    I'm glad you are going to share and I really hope it helps your future with the guy, just make him an honest offer to sell any good items for him when you hand him whatever amount you decide on.
    Most people don't want to mess around with leftovers from a paid service and are happy with a little bonus above scrap value now and then.
    I do make deals with people that anything I can sell over scrap value I often offer them half of whatever it sells for.
    and they are more than happy to add to the load and call me when they need a hand or have someone else offering a fraction of what stuff is worth.
    If I am guessing about anything I say I try to make that point up front so they know whether or not an item is worth taking to higher levels rather than tossing it into the scrap pile.
    Last edited by Re-cycler; 05-13-2013 at 04:14 PM. Reason: spelling

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  26. #56
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    Gosh, I wish I'd come to this party sooner. TMoney, congrats on the profits. And I would be comfortable with either decision you chose. If you're a for-profit business, you can hardly avoid that greedy tag these days. Even trying to keep your customer happy could be seen as greedy because you want more of his money in the future and also, as you said, you don't want him to cut you out. I'm pretty sure everyone here, in one way or another, is trying to better themselves financially so I wouldn't let that label stick.

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  28. #57
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    Quote Originally Posted by TMoney View Post
    To all of the posters who actually READ my post, and gave an opinion either way: Thank you.
    I think the suggestions about giving him some sort of gift rather than cash are good advice. I don't want him to start expecting money for something he was giving away for free. I probably already started that problem by giving him money for past loads. What's done is done, and I'll continue to do it as 1/2 of the shred value is a small token of my gratitude.

    To Burly and George: I totally understand where you guys are coming from. In the end, the goal of every businesses is to make money. Simply making money does not mean that anyone is necessarily being exploited. Thanks for your comments on the subject, and sorry you came under attack for being business men.
    TMoney:

    I think your final decision is best. If prices are good, and you are comfortable with a % of shred. Go for it. If you are doing it to help him save time and he wants you to make money and expects nothing in return, that is good too.

    Ultimately, even if you are not operating under a business name, you are still in business for yourself and have to decide what to do to make a profit and keep the business coming in. Its cool to ask for advice, but advice only can go so far, so no one knows the whole situation for your business, area, pricing, etc.

    No need to apologize. What works for us, might not work for others, and that is alright. Have a good day

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  30. #58
    Re-cycler is offline Metal Recycling Entrepreneur
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    Quote Originally Posted by hobo finds View Post
    Wwgd? Lol!
    What would god do?
    ;?)

  31. #59
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    The other "G"

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  33. #60
    TMoney started this thread.
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    Thanks also to everyone who gave congrats on the score.


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