Warning* before you start a scrap metal business consider this - Page 4

Originally Posted by Tcgs

Originally Posted by griff5693

Scott stop being a hater...lol

Zero money down????? That's just what you made your " franchise" worth


Your on there slow road....yeah and riding the short bus

Thanks guys! I enjoy haters. Lets you know your winning.

Yeah ok you may think your winning but your a few laps behind

Originally Posted by Tcgs

You realize, I am doing this with zero money down, Im on the slow road. A huge investment would be great but I don't have half a Million to start out. I have a friend in AZ that's running one office, and I am up in Denver doing this one.

Scott, your a hater. Quit degrading what I am doing, concentrate on your own stuff. Figure it out on YOUR OWN.

I'm not a hater at all. I am trying to figure this all out because it honestly doesn't make any sense at all. You are telling people one thing, claiming you started totally different, dropping names as if these are people you know when it really seems you were looking to purchase a franchise, and spoke with the founder about it and he inspired you to create your own franchise. I'm really not sure about anything, this is the reason why I am asking so many questions. I am very very curious about starting my own franchise, this is a subject near and dear to me future plans. I am not trying to degrade you, nor am I hating you. I didn't like the way you stated certain things in your initial post, but this subject I am honestly very interested in.

But it seems the more questions I ask, honest questions, the more evasive you become so now I have to question everything, and I am, instead of just assuming I am asking you, directly. I hope you also realize that all this information we are exchanging on this website is searchable on google, and will forever be searchable, or should be. This is the reason I have chosen to use my business name, and specifically the reason I choose to conduct myself in a way that reflects the type of business I have established. Honesty and integrity are very important to me. So please consider these facts before posting in anger.

I want to be very clear, I am not posting on this thread to be offensive, or to degrade you, if you have honestly done what you are claiming to have done, that being starting a franchise on your own by bootstrapping, which was my suggestion, and starting your specific franchise by bootstrapping, which was what I was suggesting people do, and which was NOT what you were suggesting in your initial assessment and advice you first gave, then you have reason to be proud and I have reason to be inclined to ask you how you did it. This also has a lot of value for people just starting out, which I think also has value and should be posted, on this thread or another started specifically for that purpose.

So one more time, without you taking offense about what you believe I said or meant, and instead just simply sticking to the facts at hand.

Have you franchised your business, I mean it by this definition:

A franchise is a business system in which private entrepreneurs purchase the rights to open and run a location of a larger company. The franchising company, or franchisor, signs a contractual agreement with the franchisee, explaining in detail the company’s rules for operating the franchise. In the United States, franchises are typically organized under state laws, although the Federal Trade Commission requires that franchisors provide full disclosure of franchise contracts in advance, to allow franchisees the opportunity to make a good business decision. Franchise businesses come with a number of pros and cons that franchisees must take into account before signing the contract.

Facts

When the franchisee signs the franchise agreements, he or she agrees to the terms of operating that franchise. The business owner is required to operate the business according to the franchisor’s requirements. The specifics of these requirements are often dictated by the business itself and the expectations of the parent company. In general, though, the contract will include elements, such as location, advertising, owner and staff training, trademark and copyright obligations, renewal opportunities and termination.

Franchise laws are delegated to the states, and each state provides slightly different parameters for registering franchises. The one regulation that covers all 50 states, however, is supplied at the federal level. In 1979, the FTC established the Franchise Rule, which requires franchisors to provide full disclosure of the franchise contract at the first occasion of contact with the franchisee and again at least ten business days before the signing of the contract. Franchises in Texas are regulated under the Texas Business Opportunities Act, which applies to any franchise that requires more than $500 to begin. Franchisors must file a notice to sell the franchise with the secretary of state, and franchisees must apply for state franchise tax.

If you have legally franchised, I would be interested in seeing your franchise information, just like I posted about junkgenious, if you have information or a prospectus, I would be interested in looking at it.

I am also interested in your story, you mentioned that you started with almost nothing and built your business up during time, that's awesome, and I think many people would be interested in hearing your story, honestly, and it's an opportunity to expose it to the entire internet community, and could do nothing but help your franchising efforts if written properly, it's a free form of advertising that can only help you. While also generating interests in your franchise opportunity and disclosing what should be good solid advice for people just starting in the scrap business.

Regardless of what I have stated prior to this, lets set aside all that and focus instead on these topics if you will. Again, I am honestly interested in hearing about your story and seeing your franchise information, genially, honestly, without any attempt to degrade you or what you have accomplished.

Scott

Originally Posted by Kochy

And by the standards, on the first post, That would put me in Level 2, cause the scrap I get is through craigslist and ads. No trash picking, but I don't agree fully with the categories.


Also guys, There can be a some heated discussions, but lets not turn this in to a heated arguements. I'm sure TCGS didn't mean to offend people, by what he typed, we all make mistakes.

Thanks Kochy, These levels are so rigid, if anyone fit into it exactly it would be a miracle, these were not ment to hurt any one.

That being said

I see people asking what the best way to get in is, what to invest in, but what I think they were missing is, IS THIS THE RIGHT INDUSTRY?

Red truck red truck red truck!!!!!!!!!!!!

Originally Posted by griff5693

Scott stop being a hater...lol

I'm sorry everyone for being a hater. I'm well known for being a hater on this forum, and should be more careful not to hate on people. I apologize, please forgive me.

Scott

Originally Posted by mikeinreco

Red truck red truck red truck!!!!!!!!!!!!

Ok, mike, you can call yours Red Truck. Im ok with that. WHo knows, maybe it will be a stronger brand name

I also have a black truck!!.....Black truck, black truck, black truck!!!!!

my third vehicle is a grey buick sedan.....GREY SEDAN GREY SEDAN GREY SEDAN!!!!!!!!!!YAY!!!!!!!

Originally Posted by griff5693

Yeah ok you may think your winning but your a few laps behind

Winning.

Can you please just seriously answer my questions, honestly? This thread is starting to degrade into a laughable mess, before it falls totally off and is locked up, can you please answer honestly what I have asked? I don't want to start a new thread just to specifically ask what I have already spent too much time attempting to ask on this thread.

I need a beer

Scratch that I need a 6 pack

No scratch that I need a keg....

Scott

Edited:

Scratch that, just give me a gun with a bullet.

This is not a post about franchise help. There is not franchise opportunity available.

sorry scott.......I too am interested but I don't think we will get much useful info so I just started joking around with it

Grey Sedan Could Possibly take over the world

Originally Posted by Tcgs

Pink Truck was an option too if that one suites you better.

Scott, you are forgiven.

If you would like to inquire about a franchise opportunity near you. Please email me greentruckrecycling@gmail.com

I will not advertise my prospectus online, but I will make another post about how I started GreenTruck.

I fully invite all the haters to join, criticize, or even ask questions.
Thanks again and sorry for any offences I made.


Look at all this free publicity I'm getting.

Not all publicity is good publicity

Originally Posted by Gravitar

I would put myself in the 1.543280589 level. I am trying to grow my business slowly and in a controlled manner. I still trash pick and get scrap from friends and family. I use "Business strategies" to grow my business. I check craigslist every 15-30 minutes, but don't pick up much. I do scrapping as a hobby and my business is my hobby. Hopefully my hobby will become my full time job one day, that way I do what I love and make money in the process. Just because I don't invest all my money into my business doesn't mean I'm not a "real businessman" or a "Real scrapper."

In my opinion, your "levels" are stupid and pointless. EVERY scrapper is different and everyone works as hard as they want to. Just because someone doesn't own a scrap yard or make millions every year off of selling metal, doesn't put them on ANY level higher than the guy pushing a shopping cart picking up cans making $25 bucks a day. They are all scrappers and all on their own level and doing what they want and what they are comfortable doing.

"Live your life, do what makes you happy, and don't let anyone stop you from following your dreams" -Gravitar

Thanks for your post, I agree nobody fits these levels.

Its as rigid as religion. But for arguments sake you still placed yourself at a 1.5 ish, Id like to know your formula for your level?

And risking your money is a personal thing, some people are more willing to do it than others. Either could be a business man. One is more confident in his business than the other.

Originally Posted by griff5693

Never claimed to be winning however I have and always will claim to be a winner. I know noone on this forum and would never try to put them in catagories....until now...you have your own little catagory you may very well be a #3 scrapper but your #1 I'm my book.I could (and probably will) go on but for now I'll stop to keep from being banned. We all know what opinions are like....we all have one

This is not a post about franchise help. There is not franchise opportunity available.

Originally Posted by Tcgs

Pink Truck was an option too if that one suites you better.

Scott, you are forgiven.

If you would like to inquire about a franchise opportunity near you. Please email me greentruckrecycling@gmail.com

I will not advertise my prospectus online, but I will make another post about how I started GreenTruck.

I fully invite all the haters to join, criticize, or even ask questions.
Thanks again and sorry for any offences I made.


Look at all this free publicity I'm getting.

Erm, you are welcome to any apologies you believe I made, I didn't realize I did. But I am curious what you are accepting an apology about?

Isn't the entire point of growing your business to advertise your offered franchise prospectus?

Okay, lets dispense with the questions you obviously are having a difficult time answering. Let me just ask you this. What state did you legally franchise under, I can look up the information myself, and do you have a D&B number (Duns and Bradstreet) FREE information about your business credit!

It's now become a question of your integrity so far as I am concerned, you have made many claims, including selling a franchise, yet have provided no information nor proof. Franchising costs a good deal of money, it's also not something you just decide and do over night. If you cannot answer simple questions or provide any proof of your franchise, I would be left to assume you have not done so, and have misrepresented yourself. And in that case, what you really are doing is effectively damaging your credibility.

I would like to think of you as someone with integrity that has truly done what they claim. But just blindly believing people who post things without anything to back them up, on the internet, would be foolish on my part.

If what you have done is start a business using the bootstrap method, and helped someone start another in a different state, that's awesome, it truly is, something not many people can or will do. If you started a business in a different state and sold it, again, awesome, and the to start another business in another state, very impressive. But if you claim to have started a franchise, and have not, you might want to correct what you have said now so you can repair whatever damage you might have done to your integrity.

Scott

Originally Posted by Tcgs

But for arguments sake you still placed yourself at a 1.5 ish, Id like to know your formula for your level?