At a Glance
Company: MHD Enterprises
CEO: Michael Dadashi
Headquarters: Austin, Texas
No. of Locations: One current, one planned for Australia in 2013
Year Established: 2009
No. of Employees: 25
Services Provided: Global reverse logistics, electronics asset recovery and redistribution, electronics end-of-life recycling and wholesale sourcing of computer products through a global network of electronics manufacturers and distributors. The company has a climate controlled facility housing brand-name computer and electronic products, parts and accessories and an inventory of reconditioned products that have been tested to meet and exceed industry standards. The company also has implemented a zero-landfill philosophy through which it manages the proper disposal of excess, obsolete and scrap electronics. All useable resources are recycled and redistributed through one of the company’s local e-cycling facilities.
Michael Dadashi, CEO and founder of MHD Enterprises, Austin, Texas, was 25 years old and a recovering drug and alcohol addict when he founded his e-scrap recycling and electronics asset redistribution company in 2009.
Dadashi has come a long way since then. This year his company was selected No. 28 on the Inc. 5000 list of America’s fastest growing private companies for all categories. The company posted three-year growth of more than 6,000 percent and annual sales of $7 million.
MHD began as e-Bay business, with Dadashi working from a cramped warehouse space with no air conditioning. Still, the business evolved and MHD has since moved and expanded to a 25,000-square-foot facility, including warehouse and office space.
As his business grew, Dadashi hired other individuals from the rehab community, looking to give them a new start in life. “From there it took off, and they followed in my same lead,” he says in a YouTube video posted by the company. “We have a company culture based on gratitude. Everybody’s really grateful for the position they have and really put their 110 percent into the position.”
Today Dadashi says the growth of the company is headed in the direction of recycling. The company is working to secure e-waste recycling contracts from major OEMs and government entities. We asked about what’s next for MHD.
Q: What is the scope of your operation?
A: We specialize in remarketing and recycling of electronics and each year we process 2.5 million pounds of electronics and ship 130,000 packages retail.
Q: What makes you different from your competitors?
A: Over 83 collective years of industry experience with top management. Service to the community is a core principle. We offer client-centric custom solutions centered around electronically automated software results. We believe we work with integrity, excellence and high standards. Every customer is treated well and highly attended to.
Q: What is your business philosophy?
A: We have a hands-on approach to communicating with our clients. We also have a commitment of offering service to the community. I, as well as the majority of my staff, volunteer on a weekly basis.
Q: Where do you see your company five years from now?
A: Partnered with Fortune 500 electronics manufacturers, paving the environmental road for future recycle, refurbish and re-use mandates and initiatives.