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  1. #1
    SIA's Avatar
    SIA
    SIA is offline Junior Member
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    Jun 2011
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    Sacramento, CA
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    Looking for Investors for Growing Environmental Company

    Set It Aside is a recycling broker based out of Northern California who picks up recyclables, sort and weighs them, sells them for the best price, and then pays customers after taking out a brokers fee.

    Customers are provided with bags and containers to load up their materials in, a calendar to remind them of their pickup dates, and a courtesy call the day before their pickup.

    We have first page search engine ranking, over 4k followers on twitter and are reaching profitability shortly.

    However, we are about to face some serious growing pain issues. We have a fundraising program that many schools will be using come the beginning of the school year, a non profit who is finalizing having 6 tables out in front of grocery stores every weekend, and several other groups who are expressing interest.

    We need warehouse space, more vans, and marketing materials. I have exhausted all of my resources and am in a place where the growing pains could easily kill us.

    I would like investors who are also business minded and want to be active, but will entertain otherwise.

    If this is of interest to you, either reply here and I'll PM you or PM me. I don't want to disclose too much more over public communication but we have a solid infrastructure that we spent over a year building.

    Thank you.
    Want Active Twitter followers in a target demographic? PM me.

  2. #2
    SIA's Avatar
    SIA
    SIA is offline Junior Member
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    Jun 2011
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    Sacramento, CA
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    Thank you everyone who has asked for more information or asked questions. I wanted to go ahead and answer some of your questions in public that are valid to help others out:

    Grants: Yes we will be going for grants, but the process is a slow one. We need to find a qualified grant writer and then need to be able to hire them. I know there are grant writers out there who work for percentages, but there are other steps we need to accomplish so the goal is still a bit off.

    ROI: I'm a firm and realistic believer that investors and potential investors should express what kinds of terms they are looking for. I feel that pigeon holing yourself is the worst thing someone seeking funding can do and so try to keep open to many different possibilities.

    Profitablility: I know many of you don't live in California, but we have CRV (a deposit paid on plastic and glass bottles and aluminum cans) in California which allows us to receive $2+ per lb for aluminum cans and plastic bottles. On average we make about $4.00 per month per customer and have 700 customers right now but with the upcoming school fundraisers and the signup booths in front of stores, are expecting to gain around 2,000 new customers per month after august.

    Growing Pains: Biggest reason I am worried is because presently we are sorting out of a 20X20 space and we are cramming it. Warehouse space is nice and cheap right now in our market so moving isn't that hard.

    Bank Loan: The banks do not loan out money based on unsecured futures (meaning customers not giving a guaranteed amount in writing) unless you have insane credit or an overabundance of equity.

    To everyone else, I answered you in PM.
    Want Active Twitter followers in a target demographic? PM me.

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