BOOTSTRAP BUSINESSES
(Page 2 of 4)
My first week on the job was pretty rough going, because I
really didn't know what to look for or where to look for
it. However, I kept referring to MOTHER's article ... and
before long I began to get the hang of my new trade. Soon I
was specializing in nonferrous metals (such as copper,
brass, lead, and aluminum) ... since my hauling vehicle was
a car rather than a heavy-duty pickup truck. (Nonferrous
metals sell for an average of 20¢ to 50¢ per
pound, in contrast to their ferrous counterparts ... which
usually pay only about 2¢ per pound. It would take a
few thousand pounds of Iron scrap to equal the profits I
can make hauling several hundred pounds of the
lightweight materials.)
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In addition, I learned to scan hillsides ... follow
clean-up and pick-up routes ... and frequent garages,
filling stations and dumping locations In my searches. In
no time I was averaging $10 to $12 per hour ($14 to $16
during the warmer weather) and on several occasions I've
pulled In as much as $50 per hour!
In the summers my nine-year-old son accompanies me on my
excursions ... and helps me to detect metals with his
trusty magnet. (My rule of thumb: If it doesn't stick to
the magnet, grab it and throw it into the trunk.)
One of the nicest things about my bootstrap business is
that the entire family can take part in it. But even better
still, it's an inflation-proof operation. The price of
scrap metal just keeps on rising!
L. Eugene Humphrey
Pittsburgh, Pa.
I'm a Navy man with five years left to go before my
retirement. . . and I've been planning for those "years of
leisure" with dreams of buying a small farm in Tennessee.
As a result, my wife and I decided that we should set up a
part time business to build a nest egg for our future ...
so we turned to MOTHER.
Three articles helped pave the way toward our new
endeavor-"I Wash Windows ... and Live Like a King" and
"Clean Up With a Window Washing Business" in MOTHER NO. 40,
page 62 ... and "You Can 'Chan Up' as a Freelance
House-cleaner" in MOTHER NO. 47, page 46—as well as a
piece called "The House Painting Business" in THE MOTHER
EARTH NEWS® Handbook of Home Business Ideas and Plans.
Those four write-ups were more than enough to put us to
work cleaning and repairing homes!
Our initial investment was only $35, to have business cards
and billing statements printed. Then we began
advertising—by distributing the cards to all the real
estate agencies, paint stores, hardware stores, and
lumberyards in our neighborhood—and two days later we
had our first job.
Our working tools—for both cleaning and
repairing-turned out to be many and varied ... but for the
most part they were implements that we (like most
do-it-yourselfers) already had on hand. We never bought a
special tool unless we'd already been commissioned to do a
job that required it ... and then, we would purchase the
device and charge it to "material" on the billing
statement.