Risky Business

iPod Entrepreneurs: How to Make Money by Saving Money

By U.S. News Staff

Posted: October 20, 2008

Here's a good profile of an entrepreneur who has figured out how to make use of your iPod that never seems to last more than two years.

Mosley, president and CEO of BuyMyTronics.com, is the brains behind a "trash for cash" concept that purchases used and, in some cases, broken electronics such as iPhones and iPods in exchange for money. The devices are fixed and later put up for bid on eBay or sold to other resellers.

This is the kind of start-up that can do well in a recessionary economy—high-tech but focused on helping people save.

In the trash

Excellent idea for a business. Recycling will always be a great business in a developed society that continues to produce as much waste as we do.

Goes to show you that sometimes the best ideas are in the trash.

Lionel from TriNet of CA @ Nov 10, 2008 16:34:36 PM

i like ipods therees you

riley of MT @ Oct 26, 2008 15:44:42 PM

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Risky Business

Risky Business

Matt Bandyk, a reporter for U.S. News, explores capitalism from where it all begins, with the entrepreneur, whose risk taking and experimentation provide the roots from which the rest of the economy grows. As much courage as it takes to create one's own business, even the entrepreneur needs some help, and this blog will look at news, trends, and practical advice for starting and running a small business.

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