$15 Millions Per Year From Selling Garbage

[Oracle_320th]

Garbage mogul: TerraCycle's plan to make millions from trash - Mar. 25, 2009

I'm surprised they can sell $15 millions per year during this recession.

Maybe we can adopt the business model, sure we can make even a lot more money if all Warriors in this forum build the same business model together

[Oracle_320th]

Well Razer,

I just want to show the possibility outside IM niche, sure the article is not about internet marketing.

But a lot of people have struggled to make money from Internet Marketing, while there are other fields where they can make a lot more money.

I don't get any benefits from sharing the article, it's CNN article

[Kay King]

$3.5 million deficit in 2008. Szaky has since shifted ReTote production to Mexico, and he projects a $1 million profit for 2009 - assuming that TerraCycle can survive until the end of the year.

If it gets into profit, it may earn millions. They seem to have discovered "outsourcing".

kay

[Oracle_320th]

It reminds me several things,

With a brilliant business model built around recycling, TerraCycle will either go big or go broke.

A lot of successful businessman, or even several marketers that have made millions of dollars in this forum, have reached a phase "make it big or broke" before they make a big hit.

The willingness to risk everything, has force any human to show up his/her "hidden" capabilities. Take a look at Donald Trump.

Speaking about outsourcing, I heard a story about one businessman that buy used material such as Coca Cola can from Thailand, Vietnam and sell it to China. He has made $30,000 per month just taking and dropping the used materials,

[john.ordos]

it such a smart move, it requires outside of the box imagination to success in almost anything. this shall apply to IM industry as well.

[IMChick]

I read stuff like this and get mad all over again that I wasn't the one who thought about it! My very favorite, though is *Welcome to nycgarbage.com* novel way to dispose of an unending supply of nyc garbola, I say.

[Star69]

It amazes me how smart people can do such stupid things, such as taking Target bags and making them into a better product called Re-Tote, sold in Target stores for $5.99, but then having them made at a cost of $20 each! What sense does that make?!

Looks like his main problem is he didn't plan on nearly enough operating capital to make it through to profitability. Selling at a loss is just stupid.

Like I said, smart people making bonehead moves.

[bombdiggity]

You know how far humanity's advanced when someone can make buku bucks on other people's waste...