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Monday, 13 August 2012

Taking Advantage of the situation to make money

Taking advantage of a situation to make money is in my opinion one of the most basic ways to make the most money. 

As I have already said, I work as a gardener in various different places. One of them is a Local Old Folks home. This has been my regular job in the mean time since I left school. It pays less than my usual jobs, at only £5.50 per hour but has very flexible hours and plenty of opportunity to maintain it as a regular source of income. 

At this Home, there has been some construction work and the building a new patio/terrace kind of area. To perform this, there has been a fair amount of groundwork to get the ground ready, then an extensive amount of brickwork and so on. As a result there were  quite a few pallets of different bricks, stones and slabs around the place.
As a result of the ground work there was quite a lot of rubble left over. There was a large pile left near the front entrance. I thought: I know what I can do with this. I could put it in plastic bags and sell it as hardcore as part of the jobs I do.

However, when i asked the builders if they needed it taking away, the boss said "No, we can take it back and use it on other jobs" I then negotiated with him to get it. He started at £40! this was quite a lot for the amount that was there, and after some negotiation I worked the price down to £20 for the pile. A 1 ton bag of decretive gravel  costs around £50 delivered and a bag excellent quality hardcore cost half that. I thought I got a reasonable price, especially as I managed to get it loaded on the trailer by them with a digger which would saved me an awfully tiresome amount of shoveling. 

Then when I came and picked up the second load the next day, I then proceeded to sell three bags of it for £10, which was a tiny proportion of it for half the money! I am confident that I can easily get my money back for the pile, and make a very handsome profit on it. 

This all came around because of the opportunity came and I took advantage of it. I have become a "Professional Wheeler Dealer" to coin a phrase.
This is the kind of thing that I find really easy, and it is simply getting the measure of a situation and then taking advantage of it.

I hope I get more of these easy situations, or I am going to have to go out and make my own!

Until next week,

Thanks for reading!

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