It's a great business!! I'm also in the dumpster business. We run two roll off trucks best thing I ever did. Sky's the limit once your established and you have contracts with builders contractors your laughing. Keep it up your doing great and you just started!!!!
@Lifes_Apprentice4 жыл бұрын
thank you for your encouragement! sky is the limit!!
@cjspressurewashingsoftwash71014 жыл бұрын
Thank you for taking the time to make this video. You continue to inspire me as I’m very interested in getting into this type of business. I also appreciate your transparency.
@Lifes_Apprentice4 жыл бұрын
THANK YOU!!! GO DO IT!!!
@healthymentality72474 жыл бұрын
The best break down I have seen. Thanks!!!
@Lifes_Apprentice4 жыл бұрын
thank you
@acenda-r2d24 жыл бұрын
Awesome vid man, this is inspiring. You break it down to show $100k per year is doable. And in fact, very doable.
@Lifes_Apprentice3 жыл бұрын
You can do it!
@DavidG744 жыл бұрын
Great video man. Thanks for breaking the revenue and profit down. I'm definitely getting started in the Dallas area with junk removal and dumpster rental. I'm picking up my first dump trailer tomorrow and June will be my first month of operating. May God continue blessing you brother!
@Lifes_Apprentice4 жыл бұрын
go get it!!!! if you ever have a question ask me i will give you my best answer. put the time in and you can do it! it may be a struggle at first!
@DavidG744 жыл бұрын
@@Lifes_Apprentice Will do. Thanks!
@inc3ptiiion7084 жыл бұрын
@@DavidG74 how is your business going in the dallas area? Looking to get started in the metroplex also
@nocarbsnation4 жыл бұрын
Great video! Thank you for posting! Have been thinking about the dumpster business for some time. Your video is the best one I've found yet
@Lifes_Apprentice4 жыл бұрын
Glad it was helpful!
@northtexasdumpsters91484 жыл бұрын
Dropping off my first dumpster tomorrow!!!🙏🏼😎
@Lifes_Apprentice4 жыл бұрын
that is awesome!!! congrats!!!
@northtexasdumpsters91484 жыл бұрын
Life's Apprentice I’m on dumpster 4 & 5 now, this was just supposed to be a side hustle. I’m thinking it’s gonna turn into a lot more.
@Lifes_Apprentice4 жыл бұрын
@@northtexasdumpsters9148 IT CAN BE WHATEVER YOU MAKE IT!!!
@Collen_Kidd4 жыл бұрын
Hey northtexasdumpsters how are you doing now thinking about getting into to this myself
@northtexasdumpsters91484 жыл бұрын
cjkiller1999 taking off faster than expected, I’ve had to go buy another dumpster already and looking at buying more soon.
@bchill75993 жыл бұрын
Great content.. I did the same to get my bottom line and it shows profit..
@Lifes_Apprentice3 жыл бұрын
Keep it up
@michaelpetty84163 жыл бұрын
Great video. In the future maybe turn around and face the light. That will lighten up the picture as a whole and use natural light vs artificial light. Once again, great video and info.
@michaelschauman32904 жыл бұрын
would really be insterested in a follow up video to this being that year end is coming up. It would be cool to see the breakdown of the busy and slow months and how they all averaged out. Great stuff as always!!
@Lifes_Apprentice4 жыл бұрын
Coming soon!
@livingingreenvillenc69043 жыл бұрын
@@Lifes_Apprentice looking forward to it
@Lifes_Apprentice3 жыл бұрын
@@livingingreenvillenc6904 i made my one year video! check it out
@michaelsfabwork29854 жыл бұрын
Awsome thank you for breaking the business down. Take care stay safe
@Lifes_Apprentice4 жыл бұрын
thank you! you too!!
@fullhousejunkremoval66944 жыл бұрын
Good on you bro! I have been trying to gather cash in order to do this as well.
@Lifes_Apprentice4 жыл бұрын
You can do it!
@kylekoverola86544 жыл бұрын
Great job! Hit the spots no1 thinks of anymore
@Lifes_Apprentice4 жыл бұрын
Thanks!
@junkremovalquadcities22773 жыл бұрын
Another great video! Thanks for the information.
@Lifes_Apprentice3 жыл бұрын
Thanks for watching!
@jeremydaily12964 жыл бұрын
Good job at making the videos dude
@calebmutch73904 жыл бұрын
Great video, very well done.
@Lifes_Apprentice4 жыл бұрын
Thank you very much!
@Wills4209133 жыл бұрын
thanks for the video bro!!
@Lifes_Apprentice3 жыл бұрын
No problem!!
@midwestinvest84474 жыл бұрын
I’m your 1,000th sub!
@Lifes_Apprentice4 жыл бұрын
that is awesome!!! thank you!
@bobbynolen32564 жыл бұрын
Good stuff brother thanks for sharing!
@Lifes_Apprentice4 жыл бұрын
Thanks for watching!
@dashawnbarnett78254 жыл бұрын
That was a very great breakdown. Thank you Sir.
@Lifes_Apprentice4 жыл бұрын
glad you liked it!!!
@danahasson28924 жыл бұрын
great video thanks for all the info and appreciate the transparency. I agree that is important the factor in labor to figure your true prophet even if you're running the dumpsters yourself because eventually you just want to pay someone to do all the deliveries. A question though I notice that you have two roll off trailers do you actually need two roll-off trailers for 14 dumpsters or was one originally bought as a backup from the old owner
@Lifes_Apprentice4 жыл бұрын
the reason is for a backup. it will come in real handy when i get another truck. id say one truck could handle 20 dumpsters depending on the day but some days are just super busy and other days theres nothing
@teaminvictus23754 жыл бұрын
Great job!!
@Lifes_Apprentice4 жыл бұрын
THANK YOU!!
@LawnCareProfits4 жыл бұрын
I know you will be a multi million dollar business! Great info I’ll be fallowing your progress! I’m in trucking now and this will be a side business I will be starting soon. We will be in the twin city area so kinda close to you. One question how big of a service area do you work (how many miles is normal for you to travel away from home base) and what is the population of town/ city you serve? Thanks
@Lifes_Apprentice4 жыл бұрын
i live in oshkosh, wi and we operate out of fond du lac, wi both towns of about 70 thousand we travel about 40 miles from our area and will go further but we add charges over 40 miles
@Lee85G4 жыл бұрын
This is like my 3rd video and I just subscribed today September 28, 2020
@Lifes_Apprentice4 жыл бұрын
well thank you for subscribing! i have alot of videos for you to watch!!
@The-SKYS-The-Limit4 жыл бұрын
Man that's awesome! Thanks for the break down of the expenses versus income. Hey what about the tax burden? Is that factored in? Getting closer and closer to pulling the trigger here and your vids are really helping that. Thanks again man.
@Lifes_Apprentice4 жыл бұрын
taxes are a touchy subject!!! i have a great accountant. taxes will be a factor but having debt and alot of write offs like buying new dumpsters help. also have alot of depreciation with a new business. i would guess we pay no taxes even though we make money this year
@The-SKYS-The-Limit4 жыл бұрын
@@Lifes_Apprentice I agree. Reinvesting into the company should offset a good little chunk of what Uncle Sam takes. At least we hope so.
@Lifes_Apprentice4 жыл бұрын
@@The-SKYS-The-Limit IT DEFININITELY WILL!!!! my goal is to grow the business and not pay taxes. the business will be worth way more every year assuming you do that. you will also pay less taxes if you pay yourself the profit and take it from business. in general, and this varies but the business will pay 30 percent on profit and an individual will pay 10 percent. this is a general rule of thumb
@myredeyelife70104 жыл бұрын
Where do you buy the stickers for the dumpsters at?
@Lifes_Apprentice4 жыл бұрын
a local printing shop near me
@dclandscapemaintenancellc99224 жыл бұрын
Great Information
@Lifes_Apprentice4 жыл бұрын
Glad it was helpful!
@jarrettmyers92310 ай бұрын
Hey man if u had time to talk I have a few questions on your dumpsters how much to charge
@Lifes_Apprentice10 ай бұрын
I do phone consultations. email me
@jarrettmyers92310 ай бұрын
@@Lifes_Apprentice what’s the email
@Lifes_Apprentice10 ай бұрын
@@jarrettmyers923 wjustin1021@gmail.com
@JoshM21214 жыл бұрын
Do you feel it would be easier with a roll off truck instead of trailer set up??
@Lifes_Apprentice4 жыл бұрын
i think in the long run the roll off is the way to go. way more efficient and less tires to fix less registrations less hassle overall
@bruhmoment9484 жыл бұрын
Hey bro I inherited my dads roll off truck and 5 dumpsters was thinking bout selling ..but you inspired me keep it thanks
@timobanks5604 жыл бұрын
Great infor
@Lee85G4 жыл бұрын
Not bad for fuel
@ChattanoogaDan4 жыл бұрын
How many dumpsters do you own total? Or at least at the time of this video how many did you own to create 39 sales? I'm wondering what type of volume I can expect if I start out with three roll-off dumpsters. I have budgeted enough money to purchase the trailer and three roll-off dumpsters without a loan. I will use the subsequent income to purchase more dumpsters in the future unless it looks like it's going to be worth it to go ahead and buy a couple more up front.
@Lifes_Apprentice4 жыл бұрын
i own 16 now at the time of the video it was 13 or 14... im figuring an average turnover rate of 10 days per dumpster which means ill sell every dumpster 3 times a month. when you have a few dumpsters and business is going good you can try and turn them faster to make more profit. it sounds like you have a good plan in order. go get it!!!
@ChattanoogaDan4 жыл бұрын
@@Lifes_Apprentice that's a solid estimation. I have an opportunity to go in and I'm working on projections. It's tough to project because renting cans for residential customers seems much different than renting cans to contractors.
@Lifes_Apprentice4 жыл бұрын
@@ChattanoogaDan contractors are an easy sale in most cases but thier dumpsters are in general going to be heavier and they always want to keep them for longer than you will like. you will find this out at some point because you will have to rent to them at some point...its inevitable i would try to avoid this as long as you can
@eddienietzel48484 жыл бұрын
Is there a scheduling and tracking program or app available for this business? Do you currently use some sort of program?
@Lifes_Apprentice4 жыл бұрын
i am learning a couple different programs right now but dont want to talk about it until i understand them a bit better. there are quite a few out there..
@thekidwiththekung-fugrip33474 жыл бұрын
What would your storage fee be ? And did you add that to monthly cost
@Lifes_Apprentice4 жыл бұрын
the cost is not added in this video but it costs 200 a month
@ReeferRBU4 жыл бұрын
What’s the average size you use? Is a 12 yard can pretty good or should I go bigger?
@Lifes_Apprentice4 жыл бұрын
we have 15 and 20 yard but 12 is a good size
@jackson81404 жыл бұрын
You dont spend on advertising at all? Like google ads
@Lifes_Apprentice4 жыл бұрын
we are spending money on advertising now as we grow and get more dumpsters but at this time we did not need to
@ravensfireTCG4 жыл бұрын
Credit card fees? I’m assuming that you take card payments. What percentage are they charging?
@Lifes_Apprentice4 жыл бұрын
we use a square and they charge 3%
@hhprogressiveconstruction11404 жыл бұрын
Are you selling those dumpster to your roofing projects or are they sold outside of your business .
@Lifes_Apprentice4 жыл бұрын
i use dump trailers for my roofing. its much easier in my opinion! all the dumpsters are sold outside my construction business
@BioHazardra4 жыл бұрын
I would like to start a dumpster business but i dont know if it would work out. there is no one around here that i know of that does it, and what few roll offs ive seen around are from out of this area (southwest VA). should i just take a plunge and try it? should i start with utility trailers with high sides? i only have a half ton truck so a dump trailer is almost out of the question for now
@Lifes_Apprentice4 жыл бұрын
you can definitely start with a trailer and start selling them to feel out the market. we live in a pretty rural area and plenty of people need dumpsters. if you are serious about the business you will want to get into dump trailers or roll offs eventually
@BioHazardra4 жыл бұрын
@@Lifes_Apprentice I believe I am going to give it a try possibly next year. I found aluminum dump trailers (didnt know they existed) and i know they are very expensive, but if i dont beat it to death it should last me a long time. a 6x12 aluminum dump weighs half as much as a steel one same size but is double the cost. I should be able to safely tow more weight with a lighter trailer like that i hope
@bradwagner46574 жыл бұрын
@@BioHazardra do the research on your truck and what you can do to tow heavier loads like upgraded engine cooling and stiffer leaf springs
@mr.d42953 жыл бұрын
How many dumpsters did you have in that first month (April) ??
@Lifes_Apprentice3 жыл бұрын
11
@charliestout28154 жыл бұрын
Is your biggest customer, your roofing company. And are "cans" residential bins or dumpsters
@Lifes_Apprentice4 жыл бұрын
we very rarely use our dumpsters for roofing. we use a dump trailer 9 out of 10 roofs. our dumpsters are all roll offs not residential dumpsters
@charliestout28154 жыл бұрын
@@Lifes_Apprentice makes sense to me
@juanaraguz23824 жыл бұрын
How long should I get my dump trailer to start off
@Lifes_Apprentice4 жыл бұрын
not sure what you are asking?
@juanaraguz23824 жыл бұрын
The size and more useful dont want to get a size that I'm not going to use
@culturalhouse26434 жыл бұрын
What about income taxes ?
@Lifes_Apprentice4 жыл бұрын
income taxes are not included because we will not actually be profitable because we have reinvested all of the profit. depending on how you spend the money the taxes will be a factor. anywhere from 10 to 30 percent
@pd99713 жыл бұрын
$5000 a year for maintenance??? What are you driving a Ford??
@Lifes_Apprentice3 жыл бұрын
driving alot of miles is expensive
@adrianarodriguez2424 жыл бұрын
do you need to get us dot numbers for the trailers? i just purchased a 7×14×4 dump trailer and i dont know if i need a us dot #. im in GA and its a bumper pull with a Ram dually 3500
@Lifes_Apprentice4 жыл бұрын
yes you need DOT #
@MONEYBAGS6033 жыл бұрын
im the same way, but lets talk about all the haters and hate you get when you make it.....it only motivates
@RagingBad4 жыл бұрын
Sorry if I missed it but how many dumpsters you have?
@Lifes_Apprentice4 жыл бұрын
i believe when we filmed we had 14
@RagingBad3 жыл бұрын
@@Lifes_Apprentice that's a lot, thanks for the reply
@jrethejunkremovalentrepren40524 жыл бұрын
We’re TraveLinG thE saMe EntrepreneuRiaL highwaYs Brother! WiLL SuB to Your channeL...THA JRE 🙏🏼👊🤣
@user-maxim_793 жыл бұрын
$480 cell phone monthly bill. Who you calling?
@Lifes_Apprentice3 жыл бұрын
it should have been $48
@ricardoventura51414 жыл бұрын
Connor MacGregor is renting dumpsters?
@thetruckboyable4 жыл бұрын
Imagine paying off all of that debt and depositing all of those loan payments into an investment retirement account.
@Lifes_Apprentice4 жыл бұрын
that would be very nice! i have several. growing this business is another form of a retirement account in my mind
@timobanks5604 жыл бұрын
My Question is how about the taxes to uncle Sam and do u give benefits to your employee workers COMP etc ??
@Lifes_Apprentice4 жыл бұрын
yes we have workmans comp on employees and taxes are pulled for employees mothly. this is our first year so we have to pay a baseline federal and state tax every quarter. since we have started we have heavily invested in the company which means we will most likely not show a profit this year. i would imagine we will get a tax return based on the money we have paid this year. my goal is not to make money the first few years as silly as that sounds...my goal is to grow the business
@imbrandon164 жыл бұрын
$25.00/hr seems kinda up there for someone to deliver dumpsters, are they providing their own trucks? I used to haul 80,000lb Class A Hazmat tankers full of acids and other deadly chemicals for 25.00/hr lol.
@Lifes_Apprentice4 жыл бұрын
25 includes insurance and taxes on employee it isnt take home
@davidparker45014 жыл бұрын
We can't see ur face
@NWIVeteranConstruction4 жыл бұрын
Got damnit. I think I'm gonna have to start a dumpster company. Lol call me bud I don't think I have your number
@Lifes_Apprentice4 жыл бұрын
i will call you tommorow afternoon if that is alright?
@NWIVeteranConstruction4 жыл бұрын
@@Lifes_Apprentice yea whatever works
@jayclarke21814 жыл бұрын
You said life's apprentice too fast, sounded like white supremacist 😂😂😂
@Lee85G4 жыл бұрын
😂😂😂
@jrethejunkremovalentrepren40524 жыл бұрын
MakiN thE MuLLiT GreaT AGaiN!!! LoViN ThAT MuLLiT BrotheR! ShouT Out tO Joe DirTe foR maKIN thE MuLLiT FamOuS! 🙏🏼👊🇲🇽
@jrethejunkremovalentrepren40523 жыл бұрын
@Murk Zuckerfuck For ReaL?...yeA Here’s a CouPle CooL CatS whO Rocked One waY bacK iN thE daY...Andre Agassi BiLLy RaY CyruS Chuck Norris Michael Bolton And a MotleY Crew oF otheR NameS iM MissiN heRe noT tO MentioN mY DaddY whoM aLL rocKed iT iN the 90’s...buT Joe DirT maDe iT GreaT AgAiN! ThX foR PointiN iT ouT thO BrotheR! 🙏🏼👊🇲🇽
@jarrettmyers92310 ай бұрын
Hey man if u had time to talk I have a few questions on your dumpsters how much to charge