**Plastic Moving Bin Rentals**
Everyone knows moving sucks. The worst part is being stuck with 400 cardboard boxes at the end of your move.
Instead - @benmlevy told me about Gorilla Bins. They dropoff plastic moving bins, & pickem up later.
If you're a college student who wants to pay off all your loans... here's an idea for you:
It takes ~$5k to start and will make ~$30k a year of profit
It won't get you rich, it'll pay for college.
(..and will teach them more about business than they’ll learn in school)
**Plastic Moving Bin Rentals**
Everyone knows moving sucks. The worst part is being stuck with 400 cardboard boxes at the end of your move.
Instead - @benmlevy told me about Gorilla Bins. They dropoff plastic moving bins, & pickem up later.
To do that, I think we’ll need $50k in revenue.
The avg move (a 2 bedroom apartment) is $180
To hit our goal, we need do ~5.5 moves per week
How many bins do we need to buy up front?
5.5 moves a week x 50 bins = you need 275 bins. Let’s round up to 300 to be safe.
Ok let’s hop over to @uline to see how much these bins cost
$15 x 300 bins = $4,500 initial startup costs.
Time to beg your parents or a rich aunt to lend you money to get the biz rolling (...or just take $5k of student loan money and invest it here…)
You buy the bin for $15. Each move, you're renting it out for ~$3.50 per bin
~4 moves and it’s paid off.
Over a 2 year lifespan, the bin will get rented out ~100 times, for ~$350 in revenue
That’s a 23x return on investment, per bin!
People waste a ton of time on naming, branding, incorporating. We’re going to do ALL that stuff in an hour, for like < $300.
We want a simple name. Like the moving company Two Guys & A Truck.
Bin Bueno?
The Miami Bin Company?
….wait..
Miami Bin Boyz !
Name is available for $1/mo!
Just type in the name and what it does..and it spits out some logos.
OK it gave us 3 options… I like #2 with the wave logo the best.
I hate overpaying lawyers for basic stuff.
If I'm getting sued. I'll pay top prices.
But for basic legal paperwork? Upcounsel baby.
$300 bucks for something like this.
Such a great business 👏 👏 @XavierHelgesen @SievaKozinsky
We bought 300 bins, and branded them with stickers from @stickermule .
Now we just need customers (aka the hard part)
Well we’re shooting for $50k in revenue
$4,500 for bins
$500 for misc startup costs
~$8k in labor (pickup & dropoff bins) per year
If college costs $30k a year, that leaves you about $7k for a marketing budget.
In most cities, there’s nobody advertising for the keywords “moving bin rental + [cityname]”
eg. miami, the company advertising doesn't even serve Miami!
1) Take this concept and franchise it to students in other college towns
2) add on a moving truck service to increase profits
3) or sell self storage leads to guys like @sweatystartup
For less than < $5k of startup costs, you’ve built a business that will profit >$30k a year.
You’ve paid for college, and probably will learn way more doing this than anything you’ll learn in the classroom.
I break down ideas & businesses like this every week!
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2 - touch the percentage% gain change ( and u can see higest gainer of today)
3. Then, start with 6% gainer to 20% gainer and look charts of everyone in daily Timeframe . (For fno selection u can choose 1% to 4% )
4. Then manually select the stocks which are going to give all time high BO or 52 high BO or already given.
5. U can also select those stocks which are going to give range breakout or already given range BO
6 . If in 15 min chart📊 any stock sustaing near BO zone or after BO then select it on your watchlist
7 . Now next day if any stock show momentum u can take trade in it with RM
This looks very easy & simple but,
U will amazed to see it's result if you follow proper risk management.
I did 4x my capital by trading in only momentum stocks.
I will keep sharing such learning thread 🧵 for you 🙏💞🙏
Keep learning / keep sharing 🙏
@AdityaTodmal
1 - open trading view in your browser and select stock scanner in left corner down side .
2 - touch the percentage% gain change ( and u can see higest gainer of today)
Making thread \U0001f9f5 on trading view scanner by which you can select intraday and btst stocks .
— Vikrant (@Trading0secrets) October 22, 2021
In just few hours (Without any watchlist)
Some manual efforts u have to put on it.
Soon going to share the process with u whenever it will be ready .
"How's the josh?"guys \U0001f57a\U0001f3b7\U0001f483
3. Then, start with 6% gainer to 20% gainer and look charts of everyone in daily Timeframe . (For fno selection u can choose 1% to 4% )
4. Then manually select the stocks which are going to give all time high BO or 52 high BO or already given.
5. U can also select those stocks which are going to give range breakout or already given range BO
6 . If in 15 min chart📊 any stock sustaing near BO zone or after BO then select it on your watchlist
7 . Now next day if any stock show momentum u can take trade in it with RM
This looks very easy & simple but,
U will amazed to see it's result if you follow proper risk management.
I did 4x my capital by trading in only momentum stocks.
I will keep sharing such learning thread 🧵 for you 🙏💞🙏
Keep learning / keep sharing 🙏
@AdityaTodmal
