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But I would be very straightforward here, right from the beginning, without creating any background for it. I am telling you this because I also want to make money when you do. If you fully understand and then start what I am going to tell you in a very short time, I can assure you that you can undoubtedly make fast and easy money beyond your imagination. You see, every day, the e-scrap generates like anything in every part of the world now. And most people have become conscious enough to get rid of it as soon as possible. So, you can make fast and easy money through the e-waste business.
Here is how: You can start it by making a free website or a blog to collect e-waste from people in your city. There is a very good way to collect e-waste free of charge. But you must be honest. You must first decide that a particular share of your income will go to charity. And you should say the same thing to people on your website: that by giving their e-waste to you free of charge, they will be able to help the needy people of society.
You can either do it alone or form a group of like-minded people on a profit-sharing basis belonging to different parts of the city. Make a proper strategy so that all the group members can collect e-waste from their neighbourhoods as well as from certain other areas conveniently. You will soon start receiving calls from people interested in donating their electronic waste. The strange thing about e-waste is that, until some time ago, people identified it with computers only. But now people have a better understanding of it. They know that the scrap of any electronic device is e-waste. Be it computers, cell phones, TVs, calculators, etc.
Once you start receiving e-waste, you can change a room in your house into a dismantling unit. Dismantling e-waste is not a big deal. There are many videos available on YouTube about how to dismantle a computer or TV, etc., so you can watch some videos for that. And the tools required for dismantling are quite affordable, too.
There are many recycling plants that always want to buy e-waste. And you can easily sell your e-scrap to them. But, Beware! Recycling companies don’t pay you much for the scrap. The fact is that their profit margins are quite large. This is a secret that only a few people know. So, to make the maximum profit out of it, what you have to do is don’t sell them everything. You can easily recover gold, silver, and palladium from certain items.
Those items are golden fingers, gold-plated connectors, gold-plated printed circuit boards, processors and chips, etc. We can also help you recover precious metals from computer parts or from any other kind of e-waste.
It is very easy to dismantle hard drives and power supplies. On hard drives, you get gold-plated connectors and logic cards that have gold-bearing chips on them. You also get Multilayer Ceramic Capacitors (MLCCS) from logic cards. These MLCCS are a good source of palladium, silver, etc. On hard drives, you also get aluminium, magnets, bearings, motors, and platinum-coated platters. Platters are not worth trying. Since the recovery cost of platinum is greater than the amount of platinum that you get from platters, you can sell such items to recycling companies.
The positive side of this business is that it is a metal business, and all the metals sell for cash. Additionally, this business does not experience any issues with dead stock. So, this is the business that allows you to make money easily and quickly.
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