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Five years ago, at 23 years old, Michael Dadashi started MHD from his mother’s garage. Borrowing his brother-in-law’s truck, he transported recycled electronics to his home warehouse, where he cleaned, recertified and sold them on eBay. It wasn’t long before the company outgrew the 1200 square foot space.
MHD now has a 25,000 square-foot warehouse which includes quality brand name computer and electronic products, parts and accessories. Employees process about 10,000 pounds of material and ship 500 packages to wholesalers and eBay customers daily.
Prior to founding MHD, Dadashi struggled with drug and alcohol addiction. After rehabilitating he made a commitment to community service, and volunteered in soup kitchens and rehab facilities. Eventually, he built a strong presence in the recovery community.
After given a second shot in life, Dadashi made it his mission to give others a second chance. Many employees he hired are recovering alcoholics who he met through volunteering. They have little or no experience and go through a hands-on training program for their position.
The company culture is shaped by the workers mutual backgrounds. Employees generally do not attend happy hours together, but participate in a daily morning meditation. They are encouraged to volunteer, and if time off is needed for a rehab-related activity, their pay is not affected.
Dadashi is also surrounded by family at work. His 83-year-old grandmother was his first employee and still works 40 hours a week. His mother, a former wealth management executive, works as the chief operating officer. Also, Dadashi plans to hire his cousin to build a software program which will manage the company listings.
“Everyone works very hard and is happy to come to work. The company culture was built on gratitude. It is a family business and everyone is part of the family,” Dadashi says.
He believes when you put other people first the success will come.
MHD Enterprises was recently awarded the number one company in its industry and the twenty-eighth fastest growing private company in the country by Inc. 500 magazine. The company is expected to post $10 million revenue at the end of the year. It also plans to expand later this year, opening a larger warehouse in Austin and a space in Australia.
Michael Dadashi is the CEO of MHD Enterprises. Prior to founding MHD Dadashi worked for an electronics distributor and recycler. When he decided to pursue starting his own company, his boss became his first vendor.
MHD is an industry leader in reverse logistics, the redistribution of electronics, and wholesale sourcing of computer products. Their state-of-the-art, climate controlled facility houses quality brand name computer and electronic products, parts and accessories. Their vast inventory of reconditioned products have all been vigorously tested to meet and exceed industry standards. They manage the proper disposal of excess, obsolete and scrap electronics. They use their leverage in the industry to negotiate the best price and then pass these savings on to customers.
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