Why MOST 3 Dumpster Businesses FAIL
43K views · Feb 9, 2023 · People & Blogs
Comments · 150
@MAXCODumpsters · 1 year ago (edited) · pinned
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1
@jd_dumpsters · 3 years ago
Great video. I started with 3 and had to double within two months because I needed more volume. I looked at Docket and DRS. I went with DRS because at the time they offered more. They helped me grow with online booking. This business is so capital intense i feel like I need 20 dumpsters and two rolloff trucks just to make some real money.
8
@famjam204 · 1 year ago
the 6 trips per rental is fundamental to know. ive never once considered that this is such a key factor
2
@ChasePalsson · 1 year ago
Great video with fantastic detail. Another big variable cost is credit card transaction fees which on a 300-500 rental could be 5-10 bucks, so on 30 rentals for the month you're looking at potentially another $300 in costs<br><br>Now you can charge that to the customer but most systems don't do that by default so it's the kinda thing that could easily catch a new operator off guard
4
@danclapper626 · 1 year ago
Just found your channel. Wish more people would see this before they start and fail in this business.
2
@RidgeRunnerCamping · 3 years ago
My critique on this video would be...doing 15 a month and netting 2k which is what doing right now as a side hustle is huge. I already have a 6 fig income from my job, but that 2k extra a month goes a long way in savings and that's a mortgage payment for some. Side note, my family has a farm so I dont pay for storage and I bought a 2011 6.7 F250 for 15k with 130k miles. You dont have to spend 50k on a truck to start a side business. Go cheaper, but recognize the issues with that. My monthly fixed and variable costs combined range from 1100-1300.
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@josephfleming871 · 3 years ago
Great analysis <br>I’m starting with the 3 dumpster scenario as side hustle for about 2 years till retirement from job and then ultimately full on balls to the wall more cans
4
@TyeWills · 1 year ago
I started with dumpsters as a side gig. Stated with a trailer hook setup that I bought used and had to rebuild the hydraulics. Stayed out of debt.
2
@Adam-mw5zv · 1 year ago
Good Video, Man. Much needed.
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@dirtconnectionsofficial · 3 years ago
Many thanks for the insight.
2
@nickhassler2727 · 2 years ago (edited)
Dumps here where I live in PA are $115 minimum and that's up to a ton. So if you have a ton you pay $115 if you have a pillow that weighs 1LB you pay $115. The price only goes up not down. Transfer stations won't touch anyone with a GVWR of more than 10K. My only question with your math is the time estimate. You said on average you go 15 miles. Where do you live that it takes 3 hours to drive to and from 15 miles? Even 70 miles like you reference for the total rental. I can do that in maybe an hour maybe an hour 20 pulling. The efficiency of picking up and dropping off too. Obviously, the more experience you have the faster you get at it but you figure 10 to 15 mins tops to drop off and pick up so 20 to 30 mins so all in an hour and 45 I don't see the other 1 hour and 15 mins. I've been to my local dump a lot and never spent more than 30 mins there in and out. I feel like 3 hours is the exception, not the rule. Unless you are renting to people who are like 50 miles away which is dumb for a side hustle gig.
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@taintedgooch · 2 years ago
Im planning on starting with the 3 and scaling from there my buddy has his mc so im gonna run a lot of loads with power only hauling generator trailers etc and do this on the side and hopefully grow it where i can do it full time
1
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