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EF 360 Business Challenge: Trash for Cash

by Ethan Everett Gutheil

on 7 November 2013

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Transcript of EF 360 Business Challenge: Trash for Cash

There are more than 30 million tons of banana peels thrown away globally every year.
What if they weren't thrown away? But rather recycled, or
And it's not just bananas! The list of items and food that can be composted is almost endless.
Why throw this "trash" away when it can give both our customers and us value?
Approximately 324 litres of water are used to produce 1kg of paper.
Did you know that any non-gloss paper can be composted?
And that compost increases the soil's ability to retain water?
If it takes so much water to make paper, you might as well save as much of both as you can!
Follow this link to learn more awesome composting facts:
Saving the world, one compost pile at a time...
Partnering with a large company can also help spread awareness to the benefits of composting.
The partner company will receive more business because our program will bring consumers straight to their doorstep and it looks good for them to support our green initiative.
We then turn around and, after quality inspection and a little fine tuning, sell the compost for a profit.
One man's trash is another man's compost
EF 360 Challenge
What if a company took everyone's trash and turned it into profit? I believe there is a way.
The United Nations predicts that by 2050, 60% of the developing world and 86% of the developed world will be urbanized.
If anything, this works in the favor of a program whose mission is to save our green earth.
This means that fewer participants will have gardens to use their own compost on, but will encourage them to sell their compost for cash.
There will always be people and businesses with gardens or land that have a need for compost.
Composting also saves money on the trash bill!
But we need to think outside the box
I swear I'm not bananas...
from the mind of Ethan Everett Gutheil
Trash for Cash
Each participant can buy a special a special EF composter, or use their own, to create a compost pile. (Not as messy or smelly as you think!)
They will then bring the supply to a central receiving location. The plan is to partner with a large grocery store chain or a store that deals with gardening such as Lowe's or Home Depot.
Upon delivering the compost, each participant will receive either cash from us or special coupons from our partner.
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