Ben_HB
New Contributor
- Joined
- Jan 15, 2023
- Messages
- 9
- Location
- Canada, British columbia, Abbotsford
Rep Bank
$60
$60
User Power: 22%
Alright I'm going to write down what I think is all relevant information about my life and why I have made this decision to make a junk removal company.
Ok so first, I've had a ""Side hustle"" of junk removal with my stepdad, Using his truck and trailer.
At the time I was watching a lot of videos from a youtuber Mission Side Hustle, he was doing a series $5000 to $1,000,000 Or something like that. and during the time I was watching him he was doing junk removal with a small truck and a small trailer.
So the first time I went over to my stepdads house, I saw he had a truck, and a huge 14 foot long, 8 foot wide, dumper trailer. And I was like, "Hey let's do this thing (Junk removal) I'll do all the advertising and stuff and we can do it together, splitting profit 66% 33%. So we've been doing this for awhile, and have a regular customer who is a property manager, He probably gives us 5-10 jobs a month, around $1000-$2000 worth of work (before expenses)
well my stepdad is old, He doesn't want to do this anymore, He's all broken from a life of manual labor, and he's also a Nightmare to work with (And he knows it, and doesn't want it to effect our relationship anymore) SO
I'm making a junk removal company, A legit one, A fantastic one, One that will do everything "Right" (Ik right is subjective and also that it cannot be achieved all the time, but I'll come close.) Uniforms, Advertising, A proper company structure, Systems in place to make everything run easily and be able to be done by someone with the brain of a rat.
Ok so here's the deal, My stepdad said he would loan me $10,000 to $15,000CAD to buy my first truck (used probably) But I want to get one of those really good trucks with the dumper built in. and I've got $3500CAD so I've got $13500 to $18500CAD to work with
[BASIC RUN DOWN OF HOW THIS COMPANY WILL WORK]
Someone calls asking for junk removal, I (or someone else in the future) Books the free no obligation quote, 2 Guys in 1 truck go to the site and give the quote based on Amount of truck space the junk will take up. [These numbers aren't 100% decided on but this is the basic concept]
Single items $100
1/8 or 12.5% of truck $200
1/4 or 25% of truck $350
1/2 or 50% of truck $450
Full truck $500
[ the truck will be quite large, one like the ones 1800gotjunk uses]
After quote has been given, if all parties agree, junk will be loaded up into the truck, customer pays, If truck is full, goes to place where you dump it, if truck is not full enough, move onto next quote/job]
Ok now that all of that relevant information is out of the way, I have a few questions to ask.
1. Which company structure should I use? [I Live in Canada, British Columbia]. If you can't provide an answer, Can you point me in the direction of how to figure it out.
2. How do I write a business plan? I've been googling this for a couple of days for a total of probably 3-4 hours, Can't seem to figure it out though, It all seems like very different answers based on industry, So how do I write a business plan for this industry. [I Guess it's Waste management]
3. What is the first step? I assume it's a business plan, That's why I asked question #2, But if it's not, What is the first step?
Thanks so much to whoever reads this, Much appreciated
Ok so first, I've had a ""Side hustle"" of junk removal with my stepdad, Using his truck and trailer.
At the time I was watching a lot of videos from a youtuber Mission Side Hustle, he was doing a series $5000 to $1,000,000 Or something like that. and during the time I was watching him he was doing junk removal with a small truck and a small trailer.
So the first time I went over to my stepdads house, I saw he had a truck, and a huge 14 foot long, 8 foot wide, dumper trailer. And I was like, "Hey let's do this thing (Junk removal) I'll do all the advertising and stuff and we can do it together, splitting profit 66% 33%. So we've been doing this for awhile, and have a regular customer who is a property manager, He probably gives us 5-10 jobs a month, around $1000-$2000 worth of work (before expenses)
well my stepdad is old, He doesn't want to do this anymore, He's all broken from a life of manual labor, and he's also a Nightmare to work with (And he knows it, and doesn't want it to effect our relationship anymore) SO
I'm making a junk removal company, A legit one, A fantastic one, One that will do everything "Right" (Ik right is subjective and also that it cannot be achieved all the time, but I'll come close.) Uniforms, Advertising, A proper company structure, Systems in place to make everything run easily and be able to be done by someone with the brain of a rat.
Ok so here's the deal, My stepdad said he would loan me $10,000 to $15,000CAD to buy my first truck (used probably) But I want to get one of those really good trucks with the dumper built in. and I've got $3500CAD so I've got $13500 to $18500CAD to work with
[BASIC RUN DOWN OF HOW THIS COMPANY WILL WORK]
Someone calls asking for junk removal, I (or someone else in the future) Books the free no obligation quote, 2 Guys in 1 truck go to the site and give the quote based on Amount of truck space the junk will take up. [These numbers aren't 100% decided on but this is the basic concept]
Single items $100
1/8 or 12.5% of truck $200
1/4 or 25% of truck $350
1/2 or 50% of truck $450
Full truck $500
[ the truck will be quite large, one like the ones 1800gotjunk uses]
After quote has been given, if all parties agree, junk will be loaded up into the truck, customer pays, If truck is full, goes to place where you dump it, if truck is not full enough, move onto next quote/job]
Ok now that all of that relevant information is out of the way, I have a few questions to ask.
1. Which company structure should I use? [I Live in Canada, British Columbia]. If you can't provide an answer, Can you point me in the direction of how to figure it out.
2. How do I write a business plan? I've been googling this for a couple of days for a total of probably 3-4 hours, Can't seem to figure it out though, It all seems like very different answers based on industry, So how do I write a business plan for this industry. [I Guess it's Waste management]
3. What is the first step? I assume it's a business plan, That's why I asked question #2, But if it's not, What is the first step?
Thanks so much to whoever reads this, Much appreciated
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