2011 Q1 In Review

by michael 18. February 2011 21:51

MCC:  Looking good. Actually, looking great!
As the first quarter of 2011 comes to a close, I look back with great satisfaction. January 2011 was MCC’s single greatest month in company history (in revenue).  We set aggressive growth goals and are very close to achieving them - just waiting for some negotiations to close. 

I believe that MCC’s Q2 will be terrific as well; possibly even more than Q1. Our pipeline is full, and opportunities seem to be cropping up everywhere. As the economy slowly begins to turn, our clients’ thoughts have turned back to furthering environmental agendas, and discovering new ways to make them more efficient on every level. As this happens, MCC is ready, perfectly positioned to be of service.
 
There are many challenges involved in running a recycling business, but it is a young, sustainable industry with plenty of room for growth in many directions. We are very excited to be in this business at this time, and feel fortunate for every opportunity coming our way. 

MRR : Ahead of its time.
It was an exciting quarter at MRR/MyRecyclingReports.com. I have been working closely with my graphic designers and strategists on MRR’s spectacular marketing website. I am delighted with how it’s shaping up, and can’t wait until it goes live. 

Creating MyRecyclingReports.com continues to be a refreshing and interesting experience. As of today, we are refining our Home Page and looking forward to filling in the inner pages. Everything has to be crafted perfectly to make sure it reaches the right audiences and motivates them to join us.

In developing MyRecyclingReports.com, I’ve come to realize that it’s way ahead of its time. It may take a while before the industry truly recognizes its enormous power, potential and value. However, good things come to those who wait – and to those whose products and services are outstanding…

…and we are in a good position on both scores. MyRecyclingReports.com represents a true revolution in our industry, and I am doing all the right things to let the marketplace know about it. I am confident that it will evolve not just into a remarkable industry tool, but into a sustainable business with steady growth!


Q1 Blog Goals:  Lucky 5
One of my goals this quarter was to publish five blog posts. This is number five - Done!

MPM: My personal Q1
It was also a great quarter for me personally.  This quarter, we welcomed a new salesperson at MCC, leaving me more time to take a more traditional top executive leadership role in my company.  Along with this new role came new realizations. I was able to hone my Unique Ability(ies) – the activities at which I excel – and love doing the most.  

I consider myself very fortunate, as I was born with the gift of auto-inspiration. I am driven to move forward every day.  To constantly make progress.  To innovate and see the future.  I love to teach, speak, write, strategize, innovate, inspire, and assist. I love working with my staff, keeping them as excited about each day as I am.  In sharing my experiences with them, I feel most gratified when I have succeeded in truly motivating them.

My Unique Ability(ies) shine in a public or group setting – not when I’m alone. Like a snowball, I need inertia and proper conditions in order to grow.  When I work with my employees, my partner, my top vendors and my entrepreneur buddies, these talents really shine. The challenge? To work within my Unique Ability(ies) as much as possible, as I believe this is the path to happiness. I hope to discover more concrete ways to accomplish this during Q2.

I am always filled with new ideas stemming from my Unique Ability(ies). I am toying with new ideas - a speaking career, more frequent blog posts, a magazine column, a book, my entrepreneur support group or even a teaching job.  Any of these would be absolute bliss not just for me, but for the mutually beneficial relationships and success stories that come to people I meet along the way.

Q2 on the Horizon
They tell me I’d better squint, ‘cause it’s ‘gonna’ be bright! Here's to a great second quarter.  Cheers!

 

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I am the creator of MyRecyclingReports.com, the CEO of MCC Recycling Services, a public speaker, a serial entrepreneur, a father and a gentlemen mariner.

I think the entrepreneurial code has been programmed into my DNA since birth. Like most entrepreneurs I have a long list of failed ideas, short lived companies and other various businesses experiences that date back to the single digits of age. One of the more comical ones happened when a buddy and I decided that we should start a maintenance company for one of the retirement communities in our hometown. Cell phones weren’t popular yet so I put my beeper number on a flyer and distributed it to the residents in the community. Within about an hour we had our first “beep”. Turns out the existing maintenance division wasn’t too pleased with our new venture. Including the time to print the flyers in my mom’s basement, I think we were in and out of business in about 12 hours.

Join me on the water one afternoon and I’ll tell you about a dozen or so other stories like this, all ending with the same result. However, I think it really started to get serious back in 2001 while attending the University of North Carolina at Charlotte. I managed to pass eight semesters of technical and mathematical classes while earning a B.S. in Mechanical Engineering with a Minor in Mathematics. By sophomore year I had I launched my first recycling company and eventually my second. By junior year both were belly up, I was out of money and tired of running a start-up.

I graduated in 2003 moved back to NJ and accepted a salaried engineering job. It was more of a civil than mechanical job and the salary sucked but they had a very unique offering. The company served a wonderful catered breakfast and lunch every day at no charge. New job, new suit and free lunch, I thought I was ready to start a career. I lasted about 4 hours before becoming depressed and by 5pm on day number two I had quit.

Instead I surrendered to my real passion, starting and running businesses. I launched my third recycling business, MCC Recycling Services and haven’t looked back since. The success we are having is staggering. We run extremely lean, have a very healthy gross margin, innovate daily and turn a profit. We’re growing at a very steady 20% each year. I attribute most of our success to being obsessed with customer service.

In 2005 I created HullScan, LLC. It was destined to be the next generation of non-invasive inspection for boat hulls. Apparently a great idea with poor execution won’t take you very far. I still regret letting that one die.

In 2010 I’ve created MyRecyclingReports.com. It’s an online web application designed for recycling companies around the country. A large part of this blog will be dedicated to the build of this new venture.

I boat, I fish, I live to eat sushi that’s only hours old. I love to ski and I’m learning to golf. I have been blessed with an amazing son. I am 29 years old.

Email me for speaking, interviews, anything.