Thanks Gabriel! That feedback helps a lot. I'm all about being as transparent about this business as possible. There's a lot of opportunity out here for people that are willing to put in the work. -BG
Hey Calvin. You can ask the customer what they are currently paying and beat their price. If they don't want to give you their current price then you can call or visit the pallet yards in your area and get the average price of the size pallet the customer needs. I hope this helps. Book a consultation call if you would like to discuss more. Thank you
Currently in the business but I work with small logistics companies, about to move to corporate companies tho. Do you need a sales resale tax certificate?
@@melvortiz thanks for the question. I would definitely follow up with a tax professional on that question. I don't have one for my business, but that doesn't mean it wouldn't be applicable for you.
Good question. There is a few ways to approach this situation. Number 1. You want to get into the habit of charging your customers a haul off fee to remove their junk pallets. You then take that scrap to the dump to dispose. Number 2. You charge for a haul off and take to a pallet recycler who will pay you for your scrap wood. You will have to call around to find this individual or use word of mouth to locate. Number 3. Charge for haul off and dispose somewhere that doesn't charge for wood dump. Fire departments always need wood for fire training so you can check there. Number 4. Charge for haul off and break down the scrap yourself to resell. I hope this helps. Hit me for a 15 min consultation and I will answer any further questions you have.
I would say about 500 to 1000 if you don't have a truck or trailer because you will need to rent one when you pick up your pallets. If you already have a truck or trailer then your even better. Just have some extra money for gas because initially you will be doing a lot of driving looking for customers.
I psych myself out every time I drive up to a big business to go ask them about their pallets, my mind always talks me out of it I have real bad anxiety when it comes to stuff like that it’s getting frustrating because the money is right there in front of me
Yes it is. You are already successful! You have to tell yourself that. Here's an exercise...when you wake up in the morning and look in the mirror verbally say "I'm successful and I will approach 5 businesses today and inquire about their pallets." Ask open ended questions and allow the client to tell you their needs. Once they give you an answer, Don't commit to anything and simply say thank you and I will be in touch. You got this.
@@Mojojojo335 my pitch is "hello my name is x I have a pallet business in this area. I got turned around and on my way out I saw your stack of pallets. Can you please explain your pallet situation to me?". Those are the exact words that I still use today. Also, as your out scouting while your building your business just get information from your prospective clients based on what they tell you. Tell them you will be in touch later but don't commit to anything until you have something in place. You can schedule a 15 min consult with me and ask me any question if you want to know more or we can chat in the comments.
Pallets can cost any where from 2 to 3 dollars but most you will get for free. You set your pricing by calling to pallet yards and getting an average price.
I know someone who started this business about 10 years ago. Not only is he successful he has 6 full time employees. The best place to set up shop and look for business in in or near an industrial park. Here you will find a warehouse every where you look.
I been in the pallet business just as long. & what they going to tell you at walmart jewels. Sams clubs. Target never have pallets they bring there products In plastic bins. But what there going to tell you is that they return there pallets back to the company for a core charge. They bring 10 pallets of product you give them 10 dameged pallets walmart gets a discount on the pallets the distro get the pallet fix it & the cycle continues. Point is everyone no's the value of a pallet & no one is giving up free money. Just pullup take the fucking pallets & keep it moving. A idiot bot making 8 buck a hour catches you taking pallets grease his hungry palms. & you good to go. They will be waiting on you everytime its a load. I guess that's what he meant by talking to the distro😅😅
Yes we advocate talking to a manager or someone in charge at a location to develop a relationship vs just grabbing what you want from the back. You are correct, Walmarts, Kroger's, Sam's etc are typically a no go since they recycle their pallets. Sometimes you can get lucky though. Also some customers prefer their location to be clean vs making a few bucks on pallets. That's why we teach solving a problem for the business and taking away all their trash as apposed to just taking what you want. It's a win win for all parties.
Once I started my business, it took me about a month and a half to put all the puzzle pieces together. Whether or not I had specific factors against me, I didn't allow those objections from stopping me from my ultimate goal of success. If you'd like further insight into this business, feel free to schedule a 1-on-1 session. www.PalletProsAcademy.com
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🚀Book a 1-1 call and let's launch your pallet business today:
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Thank you for not being a gate keeper. The way you explain this makes it easier for beginners. Can’t wait to learn more for 💯💪🏾
Appreciate that feedback Melgee! Whenever you're ready to get things started, book a call and we'll get you taken care of.
How do I schedule a 1 on 1 session ?
Thanks for reaching out brother. You can book a 1 on 1 session using this link: tidycal.com/palletprosga/15-minute-meeting
I like how you’re str8 2 the point & concise with your info! U
definitely earned yourself a new subscriber bro!!! Thanks ✊🏾
Thanks Gabriel! That feedback helps a lot. I'm all about being as transparent about this business as possible. There's a lot of opportunity out here for people that are willing to put in the work. -BG
The guy didnt get to the money part. We want to know about the money. how to charge the customer etc.
Hey Calvin. You can ask the customer what they are currently paying and beat their price. If they don't want to give you their current price then you can call or visit the pallet yards in your area and get the average price of the size pallet the customer needs. I hope this helps. Book a consultation call if you would like to discuss more. Thank you
Currently in the business but I work with small logistics companies, about to move to corporate companies tho. Do you need a sales resale tax certificate?
@@melvortiz thanks for the question. I would definitely follow up with a tax professional on that question. I don't have one for my business, but that doesn't mean it wouldn't be applicable for you.
I can already tell I'm gonna mess with dude. Thanks for your informative knowledge
Thank you. More videos on the way
The pallet yard. Its several in each state. A simple google search will put you in tune.
What about damaged pallets where can i drop those off consistently?
Good question. There is a few ways to approach this situation. Number 1. You want to get into the habit of charging your customers a haul off fee to remove their junk pallets. You then take that scrap to the dump to dispose. Number 2. You charge for a haul off and take to a pallet recycler who will pay you for your scrap wood. You will have to call around to find this individual or use word of mouth to locate. Number 3. Charge for haul off and dispose somewhere that doesn't charge for wood dump. Fire departments always need wood for fire training so you can check there. Number 4. Charge for haul off and break down the scrap yourself to resell. I hope this helps. Hit me for a 15 min consultation and I will answer any further questions you have.
@@PalletProsAcademywhere do you resell the scraps?
@@Albinoja I have relationship with the local fire dept. When I have scraps left over I take it to them.
@@PalletProsAcademy they paid you for that?
@@Albinoja they do not. That is the last resort.
Thank you brother 😊
no prob at all fam. Got more videos on the way.
How about going to Home Depot or Lowe's to get pallets and asking a manager at those places or just warehouses
Yes those work to. It's usually seasonal though
Very helpful video, nothing fancy, straightforward.
Thank you for that feedback!
How much money you recommend to start this business ass a beginner
I would say about 500 to 1000 if you don't have a truck or trailer because you will need to rent one when you pick up your pallets. If you already have a truck or trailer then your even better. Just have some extra money for gas because initially you will be doing a lot of driving looking for customers.
I psych myself out every time I drive up to a big business to go ask them about their pallets, my mind always talks me out of it I have real bad anxiety when it comes to stuff like that it’s getting frustrating because the money is right there in front of me
Yes it is. You are already successful! You have to tell yourself that. Here's an exercise...when you wake up in the morning and look in the mirror verbally say "I'm successful and I will approach 5 businesses today and inquire about their pallets." Ask open ended questions and allow the client to tell you their needs. Once they give you an answer, Don't commit to anything and simply say thank you and I will be in touch. You got this.
@@PalletProsAcademy when you say don’t commit to anything what do you mean? also what would you exactly say as your pitch
@@Mojojojo335 my pitch is "hello my name is x I have a pallet business in this area. I got turned around and on my way out I saw your stack of pallets. Can you please explain your pallet situation to me?". Those are the exact words that I still use today. Also, as your out scouting while your building your business just get information from your prospective clients based on what they tell you. Tell them you will be in touch later but don't commit to anything until you have something in place. You can schedule a 15 min consult with me and ask me any question if you want to know more or we can chat in the comments.
@@PalletProsAcademyQuestion I have truck but what kind trailer should I buy?
Great information, just subscribed
Thank you
What are reasonable pallet cost / pricing?
Pallets can cost any where from 2 to 3 dollars but most you will get for free. You set your pricing by calling to pallet yards and getting an average price.
I know someone who started this business about 10 years ago. Not only is he successful he has 6 full time employees. The best place to set up shop and look for business in in or near an industrial park. Here you will find a warehouse every where you look.
Absolutely! Thanks for the comment
I been in the pallet business just as long. & what they going to tell you at walmart jewels. Sams clubs. Target never have pallets they bring there products In plastic bins. But what there going to tell you is that they return there pallets back to the company for a core charge. They bring 10 pallets of product you give them 10 dameged pallets walmart gets a discount on the pallets the distro get the pallet fix it & the cycle continues. Point is everyone no's the value of a pallet & no one is giving up free money. Just pullup take the fucking pallets & keep it moving. A idiot bot making 8 buck a hour catches you taking pallets grease his hungry palms. & you good to go. They will be waiting on you everytime its a load. I guess that's what he meant by talking to the distro😅😅
Yes we advocate talking to a manager or someone in charge at a location to develop a relationship vs just grabbing what you want from the back. You are correct, Walmarts, Kroger's, Sam's etc are typically a no go since they recycle their pallets. Sometimes you can get lucky though. Also some customers prefer their location to be clean vs making a few bucks on pallets. That's why we teach solving a problem for the business and taking away all their trash as apposed to just taking what you want. It's a win win for all parties.
This must have been so much harder for you being a black guy. No 🧢
Once I started my business, it took me about a month and a half to put all the puzzle pieces together. Whether or not I had specific factors against me, I didn't allow those objections from stopping me from my ultimate goal of success. If you'd like further insight into this business, feel free to schedule a 1-on-1 session. www.PalletProsAcademy.com