The Pro Dumpster Diver Who’s Making Thousands Off America’s Biggest Retailers (1 Viewer)

Dave

Super Forum Fanatic
Joined
Mar 14, 2006
Messages
7,054
Reaction score
1,658
Offline
Matt Malone doesn’t mind being called a professional dumpster diver. He tells me this a little after 2 am on the morning of July 7 as we cruise the trash receptacles behind the stores of a shopping center just off the Capital of Texas Highway in Austin. Given the image that conjures, though, it’s worth pointing out that Malone has a pretty good day job, earning a six-figure salary as a security specialist for Slait Consulting. He is also founder of Assero Security, a startup that he says has recently been offered seed money by not one but two separate investors. Nevertheless, the 37-year-old Malone does spend a good many of his off-hours digging through the trash. And the fact is, he earns a sizable amount of money from this activity—more per hour than he makes at his Slait job.

Malone stops his Chevy Avalanche next to the dumpster in back of an Office Depot. Within seconds, he’s out of the truck and sticking his magnetized flashlight to the inside of the dumpster’s wall. He heaves himself up onto the metal rim to lean inside and begins digging through a top layer of cardboard and packing materials. Half a minute later I hear what I will learn is Malone’s version of eureka: “Hell yes! Hell yes!” He comes out with a box containing a complete Uniden Wireless Video Surveillance System—two cameras and a wireless monitor—which normally retails for $419. A quick inspection reveals that it’s all in perfect condition, although someone has clearly opened and repacked it. “A return,” he says, then plunges back into the dumpster.

Ten minutes later, when he’s again behind the wheel of the Avalanche, Malone continues to tell me about the material benefits of dumpster diving. If he were to dedicate himself to the activity as a full-time job, he says, finding various discarded treasures, refurbishing and selling them off, he’s confident he could pull in at least $250,000 a year—there is that much stuff simply tossed into dumpsters in the Austin area. He lists a few recent “recoveries”: vacuums, power tools, furniture, carpeting, industrial machines, assorted electronics. Much of it needs a little love, he says, but a lot of it, like this Uniden system, is in perfect condition.
The Pro Dumpster Diver Who's Making Thousands Off America's Biggest Retailers | WIRED
 
That's certainly better than haggling with morans.

Dave-Hester-Storage-Wars.jpg
 
Article said:
He comes out with a box containing a complete Uniden Wireless Video Surveillance System—two cameras and a wireless monitor—which normally retails for $419. A quick inspection reveals that it’s all in perfect condition, although someone has clearly opened and repacked it. “A return,” he says, then plunges back into the dumpster.

I worked in retail for 20 years and never once heard of a large or even medium sized company "throwing away" returns. Not even damages or defects. These things are carefully tracked, packed in a box and shipped back to corporate locations for refurb/parting/destruction. Rare is it that you would ever do an "in the field" destruction of product and when that happens its usually stuff that has been dropped in value so much that the cost of shipping the items outweighs anything that could be done with it. Now, if he were dumpster diving at the warehouse locations that those things are sent to? Sure. But this part doesn't really add up to a level of finding enough stuff to refurb and sell to make it worth his while when he already works a 6 figure job.
 
I worked in retail for 20 years and never once heard of a large or even medium sized company "throwing away" returns. Not even damages or defects. These things are carefully tracked, packed in a box and shipped back to corporate locations for refurb/parting/destruction. Rare is it that you would ever do an "in the field" destruction of product and when that happens its usually stuff that has been dropped in value so much that the cost of shipping the items outweighs anything that could be done with it. Now, if he were dumpster diving at the warehouse locations that those things are sent to? Sure. But this part doesn't really add up to a level of finding enough stuff to refurb and sell to make it worth his while when he already works a 6 figure job.

The guy at Costco said that when people return TVs, they just put them in the "giant crusher".
 
The guy at Costco said that when people return TVs, they just put them in the "giant crusher".

i toured Japan in the early 90s when they were going through their consumer boom
you would walk down the street and see TONS of high end electronics just sitting on the street - people were 'upgrading' their stuff like every 6 months and just throwing away 1000s of $$ (yen, obviously) of gear
 
I just quit my 6 figure job for this.

I hope you're right.
 
Had a buddy that dumpster dove Comp USA's dumpsters... He built many computers that way.. Till they put a pad lock on it....:hihi:
 
I used to go around back of Lowes/Home Depot for broken sheetrock. Then they wised up and started cutting the broken ones into 2x2 pieces to sell them themselves :mad:
 
Had a buddy that dumpster dove Comp USA's dumpsters... He built many computers that way.. Till they put a pad lock on it....:hihi:

um, i may have visited a compusa dumpster once or twice. they used to throw away a ton of stuff. toys r us too.
 
<iframe width="420" height="315" src="https://www.youtube.com/embed/GnJVfrP3aB8" frameborder="0" allowfullscreen></iframe>
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Users who are viewing this thread

    Back
    Top Bottom