Brand New “RE”: A New Strategy for Budget Cuts & Cost Reduction

When people think of surplus items, they usually think only of used or refurbished.

Yet the core of the concept is truly excess or redundant, whatever the condition. This can include items which are brand new. There is actually a significant amount of new, never used product which comes through the disposal process. In fact, over 50% of what is listed on the website is actually never-used product in its original packaging. It is like buying brand new equipment with significant cost reduction.

This might sound too good to be true, but it is not. There are several possible reasons for this strategy. Continue reading

Women Sustainability Champions: Where Are We Now?

As we celebrate International Women’s Day, it is a great time to reflect on the female eco-entrepreneurs and environmental champions who are pushing the sustainability agenda forward.

Yet as I set out to write this blog, I have struggled to find well-known examples of female sustainability champions. True, there are great women environmental leaders at the grassroots level and throughout the spectrum. But where are the powerful women sustainability leaders?

As I thought more about the issue, three main themes seemed to emerge. In each, one female stood out to me as a great example. Continue reading

Light Bulbs & Turning Points: Pivotal Points in My Business

 Some of the most pivotal – and interesting – moments in my entrepreneurial career have been the light bulb moments. These “aha!” experiences have resulted in turning points to my business. Here I share with you three examples of light bulbs and turning points for REfficient.

Not Knowing What You Are Agreeing To

Some of life’s most precious moments are born in committing to certain things without knowing exactly what you are getting yourself into. And when I say “precious”, I mean funny, exciting, scary, “#$%^! What did I get myself into?” kind of situations. Continue reading

Case Studies of Why Reuse Makes Sense

While it is well know that reuse makes sense environmentally – reuse, after all, is the second “R” of the three R’s – people do not necessarily see the business case of why “RE” makes sense financially.

The term “RE” refers to product which was pre-owned. While many people pre-owned means used, companies will often have brand new, never used product sitting surplus in their inventory. Perhaps they bought too many, or upgraded to the next version. “RE” therefore refers to “again”, regardless of the product’s condition.

The following are four case studies of how “RE” has brought financial, environmental and time benefits to businesses of various sizes. These case studies have come from REfficient, yet go beyond any singular company or system. They are our success stories of why reuse truly works. Continue reading

Is being a female entrepreneur an advantage or disadvantage?

As a female entrepreneur, and a young one at that, I am occasionally asked whether I believe my gender is a help or hindrance. This question is particularly of interest to people given my company is technology-based – a traditionally male-dominated space.

As I attend conferences dealing with investment and technology, it is clear that men largely fill the room. Being a woman in a testosterone -filled crowd makes it easier to get noticed. This is undoubtedly a distinct advantage. After all, standing out from a crowd is so important in business – raising awareness that you exist and what you do is the first step to get to the next level.

There are also formal opportunities for women like never before. With the advent of supplier diversity – where large corporations and governments have quotas to do business with woman- and minority-owned firms – women business owners get a fast track to meet with key individuals within these organizations. The incredible opportunities through supplier diversity continue to astound me. Continue reading