Marketing Associate
Seymour - CT United States
The big idea: In 25 words or less, please tell us how this Fast 50 Nominee is helping to address the planet's problems.
We've assembled a network of over 500 salvage operations though-out the U.S. and Canada, and set up a bidding model, creating competitiveness in the industry.
Please describe how this nominee is using business as a force of positive change. What technology, idea, or strategy is the nominee using -- and what problem, such as global warming, poverty, or pollution, does it address? (suggested length: 100 words)
There are junk cars, motorcycles, boats and RV's sitting in the driveways and parking lots of homes and businesses everywhere creating blight. Many of them have been sitting for years. The primary reason is that their owners are unsure how to have them removed; in a manner which is both timely and cost-effective. That's where Junk my Car comes in, harnessing the power of the Internet to bring together auto recyclers with the customers who need them. The company started in the U.S., later expanding to Canada, with plans to launch in the U.K. and Australia in the future. Junk my Car is also expanding market reach by working with individuals, businesses, municipalities, and vehicle donation companies.
What are the results, both financial and social? How has the nominee's business performed, and what impact has it had on the problem it addresses? (suggested length: 100 words)
In 2005, Junk my Car launched its service with a small team of employees in a one-room office, and grossed $150,000 for the year. By the end of 2007, the number of employees had increased exponentially to fulfill the demand for vehicle removal services, assisting customers with the removal of over 60,000 vehicles, and revenue growth to $3 million for the year. Through the combination of modern technology and rigorous customer service standards, Junk my Car has been able to personalize the vehicle removal process, and make it virtually effortless.
Comments that readers have made about this submission:
Pathetic. This company does what anyone could do for themselves with a 2 min Google search. And the person selling the car would get 200%+ more money for their car.
I think their vision is great....Clean up the mess, protect the environment, help out the customer. Plus, EVERYBODY involved can get some money out of it. It's a win-win. Great company. Keep up the good work!
Awesome!
