I want Jow Forums to find a flaw in my new business I'm about to start.
Everyone has garbage bins. They are essential to modern day life. What would happen when all of a sudden a garbage can shortage hit? Well, basic economics says that the price of garbage bins would go up.
Me and my friends are thinking of renting vans and stealing garbage bins in random neighborhoods before the garbage truck comes. We think we can steal 20 a garbage day.
A good city issued bin is like $90. We would then empty them out and iron off any serial numbers and repost them for sale on craigslist.
Not only do we think that we can make $1800 off the bins from current market value but we believe the price will go up as more people demand more bins as they vanish plus word of mouth about needing new bins.
We will eventually open a store just selling garbage bins and we will have our own serial numbers stamped and even spray paint them different colors so no one catches on.
Is there a flaw in my plan or am I close to becoming a millionaire in a few short years like I expect?
