If I consider to venture into iron condemned business to earn for a living, is it possible for me to make at least 2k daily in this business?
What’s your idea guys?.
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Making $2,000 or more in daily consistent profit from an iron condemned business is unlikely for most entrepreneurs or small operations. Here are a few considerations on the challenges: - Iron condemnation typically involves salvaging metal components from condemned properties and reselling to scrapRead more
Making $2,000 or more in daily consistent profit from an iron condemned business is unlikely for most entrepreneurs or small operations. Here are a few considerations on the challenges:
– Iron condemnation typically involves salvaging metal components from condemned properties and reselling to scrap yards. It’s labor intensive with low profit margins per job.
– To earn $2k daily, you’d need to complete multiple large demolition and salvage jobs each day that generate several hundred dollars in net profit per property. This may not be feasible for a small team.
– Accessing enough condemned properties continuously to generate that level of daily revenue could be very difficult unless you get contracts with municipalities. Supply would be inconsistent.
– You’d need to already have relationships with scrap yards willing to buy substantial amounts of salvaged metals daily from you in order to earn at scale.
– Covering the costs of equipment, transportation, storage, permits and labor would further cut into profits especially when getting started.
– Weather or other delays that halt projects easily derail the ability to earn $2k consistently each day. Income would fluctuate greatly.
While it’s possible for an established large company to hit $2k daily profits in this business, it’s an extremely ambitious target for most small entrepreneurs entering this highly competitive, low-margin industry. More reasonable profit goals coupled with patience and gradual scaling may be a better approach.
See lessOf course everything requires hardwork and determination. If you mean to make at least 2k daily in iron condemned business then you need to work very hard, I'll suggest you should have either a mechanical engineer or a welder friend that'll be helping you with condemned irons instead of walking downRead more
Of course everything requires hardwork and determination. If you mean to make at least 2k daily in iron condemned business then you need to work very hard, I’ll suggest you should have either a mechanical engineer or a welder friend that’ll be helping you with condemned irons instead of walking down the streets to pick condemned irons.
See lessThese two professions I’ve listed and others are like sure plug in terms of condemned irons.
When you write iron condemned are you referring to the job of picking up condemned irons from dumpsters and reselling them. Well In my locality this is how we understand this job. if this is what you are referring to I believe you can as everything now is expensive. The truth is that a lot of peopleRead more
When you write iron condemned are you referring to the job of picking up condemned irons from dumpsters and reselling them. Well In my locality this is how we understand this job. if this is what you are referring to I believe you can as everything now is expensive. The truth is that a lot of people are making money for the trash they just pick up to polish and resell.
See lessTo make more money you might have to make your selling in a rich neighbourhood or to rich companies that would need it