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My First Million

My First Million

The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.

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Mobile Dumpster Compacting Service

For: Businesses with regular dumpster pickups (restaurants, warehouses, retail)

Buildability

The Problem

Businesses pay per dumpster pickup/fill, but most dumpsters are only partially full due to loose trash, leading to higher waste management costs

The Solution

Mobile truck with compacting equipment visits businesses to compress their dumpster contents, allowing more waste per pickup and reducing total pickup frequency

Why Now?

Rising waste management costs, environmental consciousness, and proven franchise model demonstrates market demand

Build MVP in 7 Days

Day 1

Rent compacting equipment for testing

Day 2

Visit 20 local businesses to demonstrate service

Day 3

Calculate savings for each business type

Day 4

Get 3 businesses to commit to trial

Day 5

Price service based on demonstrated savings

How to Validate

Survey businesses about current waste management costs
Demo service at warehouse/restaurant and measure compression
Calculate exact savings per business type
Get signed LOIs from businesses before buying equipment

Revenue Model

Monthly subscription per dumpster serviced, priced at 70% of customer's savings

Competitive Moat

First-mover advantage in territory, equipment investment barrier, customer relationships

Risks to Consider

High upfront equipment costs ($400K)Franchise may restrict territory expansionSeasonal demand fluctuationsDifficulty finding reliable employees