How to Recycle and Earn Money

How to Recycle and Earn Money thumbnail
Discarded aluminum cans can be recycled for profit.

Recycling for profit is an effective way to earn extra money. Not only is it easy, convenient and free, but it can be very lucrative. One of the best things about getting into the recycling business is that you can generate inventory while conducting your daily life. Even better, your friends, neighbors, relatives and associates will gladly become suppliers just for the asking. Consider this environmentally-friendly opportunity if you want to earn pocket change or amass a small fortune.

Instructions

    • 1

      Investigate the market. Research local and online recycling plants. Find out which plants require the lowest quantities for payout, and which ones pay the highest rates. Look for local facilities that are most conveniently located. Seek online operations that pay for shipping.

    • 2

      Decide what you'd like to recycle. There are multitudes of items that can be recycled for a profit, including newspapers, aluminum cans, scrap metal, glass bottles, plastic containers, cardboard, golf balls, cell phones, ink cartridges and electronics. Determine which items would be most feasible, convenient and profitable for you to recycle.

    • 3

      Create a collection plan that outlines what, where, when, how and from whom you will collect your recyclables. Look to relatives, friends, neighbors, community organizations and nearby small businesses as potential sources of materials. Supply them with collection receptacles, such as cardboard boxes or inexpensive plastic bins. Work out pickup times that are convenient for your suppliers.

    • 4

      Collect your recyclable items. Develop a regular route based on the pickup times you've worked out with your various suppliers. Figure out the best times and days to drop off your recyclables to local plants or to ship them to processors located outside your local area. Reserve some space to store items until they can be dropped off or shipped. Stock the space with bins, shelves, a scale and measuring devices.

    • 5

      Extend your reach. Advertise your business by posting fliers, handing out business cards and placing free ads in newspapers and on websites. Ask your existing suppliers to send you referrals. Canvas local businesses and organizations to determine what items they may be able to supply you with. If you are polite, professional and respectful, you will find no shortage of suppliers who will be happy to have you take recyclable materials off their hands.

Tips & Warnings

  • Be consistent and respectful when you pickup the recyclables.

  • Replace collection receptacles as needed.

  • Express your appreciation to your suppliers on a regular basis. Happy suppliers are your biggest and best source of referral business.

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References

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  • Photo Credit Jupiterimages/Comstock/Getty Images

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