Skip to main content

Learning from Entrepreneurial Struggles

9:35
14:01
19.8K views

At 9:35 in

Starting a DUMPSTER company! TOUGH LESSONS 4K

What happens here

The discussion shifts to the challenges Ryan faced that were not apparent from initial research, such as dealing with customers who don't pay for additional disposal fees (e.g., for mattresses, tires, batteries) or block his phone calls. He shares that the learning curve was much steeper than YouTube videos made it seem. Ryan highlights his philosophy of managing finances cautiously, treating customers' money as if it were his own, and prioritizing time with his family over endless work. He advises new entrepreneurs to be prepared for unexpected issues and to focus on long-term values.

Goal: Understand the non-obvious difficulties and personal lessons in running a dumpster business.

What they say

Hide

look at Ryan's internal setup and then as soon as we're done with that Ryan what I want to talk to you about is what would you tell yourself if you could go back backwards in time to when you were first starting out what would you say to you to be prepared and would you do it all over again but let's just take a peek at my setup here so this is my setup right here I got my remote right here I I personally I I like the durul I think they build a good I think they they build good quality stuff and would I ever buy another durul absolutely I would buy another durul I don't know after seeing the condition of your trailer if I would buy that trailer again but you make some great points about that rail system I think that's a solid uh solid thing how many dumpsters do you have so that's where I have six right now when I bought it in last year I had I bought four I tried some stuff I tried some dump trailers mixing those into the fleet they don't they don't mix well in my opinion so if I drop one of these off at a customer's house and then they call me and they say hey I need another one well if all I have available is a dump trailer mhm I have to go pick this up bring it back and dump it mhm and then bring it back or I can go pick this up drop a dump Trail you know drop it off at home bring a dump trailer back you can't be let's be clear what do you mean by a dump trailer um you just a just a 10 yard yeah just a a shorter but so when he what what you're referring to is a pull traditional just a dump trailer oh you're talking about just a dump trailer roll off no oh I was thinking you were maybe talking about a rolloff dump you know the lower sides that can only haul concrete or heavier materials you don't want to fill it up with light material yeah so I'm talking about a separate trailer unhook the goose neck hook a bumper pull trailer up drop that off okay that doesn't mix well oh okay from my experience if you had maybe a rolloff truck then maybe you could and a CDL then maybe you could mix those two okay so let's get to the question where we first started what would you say to yourself starting all over um it's hard to it's hard to think because there's the stuff that's chap me is stuff that you it happens one out of 200 times you know I've gotten stiffed on some stuff that you can't charge the customer ahead of time for like mattresses or box springs or stuff like that I there I have a customer that's that owes me $270 that's blocked my phone number I can't…

Auto-generated from the video audio.