There really is some money in the trash. And that’s what TerraCycle had proven.
Here is a peek at how a recycling and upcycling business can make plenty of money by recycling trash and turn it into useful products. It’s good for the environment, too, by the way!
The video offers some interesting advice on getting funds.
Tom Szaky, the Founder/CEO of TerraCycle advise startups to get funding from business plan contests, instead of venture capitalists. Venture capitalists give you much money, but they demand a lot from founder; if you don’t perform you might get fired. Ouch.
Lessons noted.
