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My Mailbox Business (outsourcing to China)

Well, after a long journey, my mailbox business is getting close to launch.  It was three years ago this April when I was reading an article in the Deseret News about mail theft in Salt Lake City.  As I was reading the article the sudden thought struck me "why the heck doesn't everybody have a locking mailbox?"  It seemed so obvious.  Becasue of the increase in identity theft, someday, maybe in 5 years, maybe in 10 years, maybe in 20 years, someday everybody is going to have to have a locking mailbox in front of their house, or everybody will live in a neighborhood with a central mail pod.  By golly,  why shouldn't I be the one to provide it for them!

So I began to do some searching on the internet.  It turnes out that there were quite a few locking designs already in existence.  I went to Lowes and Home Depot to see if I could readily purchase any there.  They had some limited designs in stock, but if you wanted anything half decent, you would have to order it.  So, most locking mailbox designs were required to be ordered, either through a home improvement store, or from one of many vendors on the interent.  These boxes were quite expensive (between $150 to $250 for a mailbox only).

The more I thought about it, the more I thought that selling locking mailboxes could be a great side business.  Little did I know the adventure that I was embarking on and little did I know that it would take me 3 years and many thousands of dollars later (and thousands more than I expected) before I would have actual locking mailboxes to sell (which I still don't quite yet!).

However, it has been a fun and interesting road from there to here.  I have learned tons, knowledge that I hope will make these mailboxes a success, and knowledge that I hope will be able to help me be able to create and market other products.  But, in order for that knowledge to have a hope of paying off, the mailboxes themselves will have to be successful.

It has been a long time since I have posted in this blog.  So, if there are still readers of it out there, and if you are interested at all, tune in and I will tell you a little bit about this story. 

Posted on Saturday, May 17, 2008 at 01:33AM by Registered CommenterMatthew Prestwich in | Comments1 Comment

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Reader Comments (1)

America must be the only country in the world not having locking mailboxes...but still you've got some space in your local market..
June 20, 2008 | Unregistered CommenterAdrian

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