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- 💡 Trash to Cash
Welcome back, Odd Night family.
Tonight, we're exploring an underestimated money maker - the junk collection service. A simple yet lucrative venture that's cleaning up in profits.
Let's break down how you can turn clutter into cash.
Here’s what we got for you today:
🚚 How Kyle makes just under under 7 figures annually removing trash
📶 Vision Pro release date finalised causing Apple share prices to rise
🚗 Volkswagen plan on integrating AI into their future vehicles
Today’s Drop 💼
Build a TLDR Industry Newsletter
🍿 The Big Picture:
In our world of material abundance, the necessity to declutter is relentless.
Your junk collection business taps into this never-ending demand, particularly from homeowners and construction sites.
🛠 The Idea:
Launch a junk collection business.
It's straightforward: you'll remove unwanted items like old furniture or construction debris from homes and businesses.
Getting Started:
Fleet Expansion:
Start with just one truck, and as demand grows, expand your fleet and you services.
Customized Services:
Offer services tailored to your customers' needs – whether it's removing a single item or clearing out an entire property.
Disposal Diversity:
Junk can be disposed of through recycling, donation to charitable organizations, sorting at transfer stations, and, if necessary, proper disposal at landfills.
Volume-Based Pricing:
For pricing, keep it simple: the more junk you haul, the more you charge.
🔥 Is the Market Hot?
The junk removal industry is on the rise, projected to reach USD 1360.3 billion by 2032.
It's evolving with eco-friendly disposal, recycling trends, and technology-driven operational efficiency.
🍞 Revenue Potential:
Take founder of Junk Rescue (Kyle McAnaugh) as an example. Starting at just 22, his company now pulls in a staggering $900,000 annually.
Even in the beginning stages you can expect to make $750 to $1000+ per day, especially when you implement a volume-based pricing strategy.
Alternative Money Making Strategy: another way you can make money with this biz is by picking up trash for completely FREE, and then selling it on to buyers. People love the idea of not even paying to have their trash removed, and there’s plenty of companies that would purchase scrap metal and second hand furniture from you.
🎯 Conclusion:
With consistent demand and the potential for serious profits, this side hustle could be your path to financial success.
Start small, think big, and watch as your junk collection business turns waste into wealth.
Tweet of the Day
The faster you make decisions.
The faster you execute.
The faster you learn.
The faster you iterate and improve.
The faster you find product market fit.
The faster you succeed.Speed of execution wins at startups.
— Andrew Gazdecki (@agazdecki)
12:22 AM • Jan 9, 2024
Midnight Meme 😂
Odd Notes🕵️♂️
Snippets from the shadows
This research paper highlights the best prompts to improve ChatGPT's answers by 50%
Apple’s Vision Pro will be released on the 2nd of Feb with pre orders beginning on the 19th of Jan.
Volkswagen's in-car virtual assistants are set to receive a massive upgrade, as they plan to integrate ChatGPT into future cars.
That's a wrap for tonight's insights. Stay tuned for more opportunities to turn the ordinary into extraordinary on the next Odd Night.
Have a business idea that we could feature? Hit reply and share the 411. If we ride with your plan, you'll see your name in the credits. That a deal?
Disclaimer: This newsletter is educational, not financial advice. Exercise caution and conduct personal research before making investment decisions.