i truly believe these episodes are going to be the reason I break generational poverty in my family ! said it once and ill say it again ! S/O to you guys !
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $483k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.
I was just listening to an audiobook of "Rich Dad, Poor Dad" on TH-cam this week, and today, I come across THIS channel?? The Lawd is workin in my life ya'll!!!
Amen sis! That’s how things have been falling in place in my life too! It’s great seeing the hard work and sometimes hard times that we have to put up with be worth it. Manifestation is real💯❤️
I can remember a friend of mine use to purchase vending machines for her son. Every two years for his birthday! He was making good money. At that time he was 8 yrs old.
follow @thevenddoctor on IG to learn ways to earn passive income within the vending industry. 20 years of experience and hands on business success, placed over 250 location own and operated nearly a 1000 vending machines at one time. We helped 1000’s of other people create successful vending business, passive income and generational legacies through the security of vending. We offer a the 1st video business guide that’s hands down the most comprehensive resource tool in the marketplace plus our membership that’s designed to start and scale your vending brand. Visit www.billionairevending.com “We take your success seriously!”
Leland Sledge follow @thevenddoctor on IG to learn ways to earn passive income within the vending industry. 20 years of experience and hands on business success, placed over 250 location own and operated nearly a 1000 vending machines at one time. We helped 1000’s of other people create successful vending business, passive income and generational legacies through the security of vending. We offer a the 1st video business guide that’s hands down the most comprehensive resource tool in the marketplace plus our membership that’s designed to start and scale your vending brand. Visit www.billionairevending.com “We take your success seriously!”
I’m about to see if I can put a vending machine at my apartment complex my boyfriend has one at his and it’s always somebody using theirs in the middle of the night instead of going to the store.
I looked into vending machines and vending routes but I’m in a competitive area and getting leases is vital. It’s really a real estate business but if you can secure some contracts the machine pays for itself. My Old head Art said the bank used to call him for change bcuz he was known to keep thousands in quarters.
Malik R follow @thevenddoctor on IG to learn ways to earn passive income within the vending industry. 20 years of experience and hands on business success, placed over 250 location own and operated nearly a 1000 vending machines at one time. We helped 1000’s of other people create successful vending business, passive income and generational legacies through the security of vending. We offer a the 1st video business guide that’s hands down the most comprehensive resource tool in the marketplace plus our membership that’s designed to start and scale your vending brand. Visit www.billionairevending.com “We take your success seriously!”
I hope you look into distribution centers. I'm a trucker, and sometimes, I'll be sleeping overnight at a place and, if I wanted a cold drink, it's not accessible. Think outside the box! Blessings to you on your journey!
DJ RJ follow @thevenddoctor on IG to learn ways to earn passive income within the vending industry. 20 years of experience and hands on business success, placed over 250 location own and operated nearly a 1000 vending machines at one time. We helped 1000’s of other people create successful vending business, passive income and generational legacies through the security of vending. We offer a the 1st video business guide that’s hands down the most comprehensive resource tool in the marketplace plus our membership that’s designed to start and scale your vending brand. Visit www.billionairevending.com “We take your success seriously!”
Yes!! This is genius! Many wouldn't even have thought to consider doing this. Even though like you guys mentioned, we've all bought something from the vending machine. I've been talking to my fiance a lot lately about starting a passive income business, and this kept popping up on my feed. That's nothing but the universe 🙏 Oh, and I was listening from ear to ear 👂even stopped it a few times and went back, just to make sure I didn't miss a beat... He was concise, clear, and so giving. Really appreciate folks like him. Dropped nothing but gems on us 💎!! Going to have to look into that e-book. Thanks guys!
Idk why so many vending machine videos started popping up on my feed but it has me interested. I have a regular job, a computer repair business, and I'm an Amazon seller. Nothing wrong with another source of income.
I use to work for a vending machine business and trust me it makes money. I was going to get into the business but never had a chance to but it is very good income. I worked on the car side where I heard all maintenance calls come in so I know the business. Might think about getting a couple since I was reminded from this video. Nice video! Thanks guys!
Once a save about $2000 then I can get 2 machines and go from there I just have to learn how to contact some people and try to place them bc being a single mom I definitely need the income! Have to figure out the contract side. Thanks!
@@vonettap.2383 oh ok. We are in Charlotte. Whenever you ready to talk about some uswd good quality machines at a affordable price call us. 877 831 1078 ext 200 look us up www.cuc100llc.com/
So glad I sat through this hour video of free game. This year I’ve started a shoe and clothing company but that’s more personal. More dreams. Money now is getting into something that everyone already loves. I’ve been on vending machines for some time. Price checking and scouting for spots. After viewing this video I’m for sure buying vending machines all next year. Start of a passive income mission. Get rich in my sleep. Start more businesses. This is the way. First you must have the mindset.
I started at 8 years old I’m still in the game I’m now in my 20s I started with a Candy machine now I have two full line locations I still enjoying it.
While on Staten Island I personally worked the vending machine hustle, alongside the owner Chris J. Mauler entrepreneur. Lenny the brains and muscle 💪🏽 also Freddy Carullo of Staten Island Amusement. Good guys, Good friends, Good business. Grand grind. Lots of inside tricks, n tips of the trade. Food snacks/ beverages / toy prizes. And In No Way is it simple 😅. Do your technical support and transportation, inventory, supply and demand, cost. Travel distance time and the race against expiration dates. Space /Maintenance/ location /high traffic low traffic and how steady the flow. Security, wear housing, product stock, storage. Security Safety Sanitary. Legal Codes. 🤙🏽the 💰 is yours the electrical mechanical pitcher Also. Gotta take care of Everything. Gotta pay💸 the cost to be the Boss 💵💪🏽 yá dig??
I'm a supervisor for a distribution warehouse and I just closed my first deal a couple months ago to put a vending machine in the same warehouse that I work at. So not only am I getting paid from my 9-5 here but I'm also getting paid from coworkers who buy from my machine. And now I'm in the process of getting another machine to put in the other break rooms in this location. 💰
@@leeryan925 It’s going good! Money keeps coming, and coming. I just have to check the machines about 2 times a month and keep everything working and fresh product!
@@leeryan925 I went through this guy I found who runs New Orleans Vending he had the hook up for me to where I only had to buy the vending machines in the location he would place the machines and I would just have to go and fill the machines up and collect the money. Search your city where are you stay in London or UK,. They should have a service for Vending where someone can find you locations for a small fee how are you might have to do is find some vending machines
Shantelle Dawkins follow @thevenddoctor on IG to learn ways to earn passive income within the vending industry. 20 years of experience and hands on business success, placed over 250 location own and operated nearly a 1000 vending machines at one time. We helped 1000’s of other people create successful vending business, passive income and generational legacies through the security of vending. We offer a the 1st video business guide that’s hands down the most comprehensive resource tool in the marketplace plus our membership that’s designed to start and scale your vending brand. Visit www.billionairevending.com “We take your success seriously!”
Thank you for posting. Years ago, I saw an ad in the newspaper. A guy was getting out of the vending machine business. He had his vending machines in a commercial storage facility that was literally walking distance from my house. If I'm mistaken, I looked at the machines. They were older, but still operable. I never followed up & talked myself out of it because I felt like it would be too time consuming & the money for maintenance. 🤦🏾♀️
I barely comment on TH-cam but I watched this episode and it just blew my mind this is exactly what’s I was looking for a low cost start up business that did not required my presence at all time I started back in 2020 during the pandemic now that everything is open in Fl Im on my third location already and one of them is placed in one of the biggest residential services in south florida so Im exited to get referred to other club houses
Marcus M follow @thevenddoctor on IG to learn ways to earn passive income within the vending industry. 20 years of experience and hands on business success, placed over 250 location own and operated nearly a 1000 vending machines at one time. We helped 1000’s of other people create successful vending business, passive income and generational legacies through the security of vending. We offer a the 1st video business guide that’s hands down the most comprehensive resource tool in the marketplace plus our membership that’s designed to start and scale your vending brand. Visit www.billionairevending.com “We take your success seriously!”
@@bobbyanderson5601 dude you’re about 2 years too late with your sarcasm. ( Respectfully ) I’ve since placed 5 machines total 3 different schools. 2 in one 2 in another and 1 in the 3rd. So thanks but no thanks. Maybe use your wit to actually give someone some useful advice; granted, that’s if you have any. Peace out ✌🏽
Subie_ Will_IV follow @thevenddoctor on IG to learn ways to earn passive income within the vending industry. 20 years of experience and hands on business success, placed over 250 location own and operated nearly a 1000 vending machines at one time. We helped 1000’s of other people create successful vending business, passive income and generational legacies through the security of vending. We offer a the 1st video business guide that’s hands down the most comprehensive resource tool in the marketplace plus our membership that’s designed to start and scale your vending brand. Visit www.billionairevending.com “We take your success seriously!”
Everytime i see a truck passing by, thats money right there. Your mind your eyes everything really does change when you start listening to other people. Not the ones around you that have the same or less than you.
Keithtric Cottrell hopefully they do, if you they get close and you get the opportunity go, I went in ATL a few weeks ago and it was helpful, you actually get to interact and talk to these ppl. Ask questions, personally connect with some etc etc, well worth the price
Even if you have a FT job w/a legit side hustle, you can do a Schedule C w/your regular W2's where tax benefits can be huge by either doing the mileage or expenses. I talked w/my tax preparer last eeek & she said you get more back w/mileage vs. itemizing receipts b/c receipts you get a certain percentage unless you have a separate vehicle & separate phone. Either receipts or mileage you need to verify both.
Brianna Elan follow @thevenddoctor on IG to learn ways to earn passive income within the vending industry. 20 years of experience and hands on business success, placed over 250 location own and operated nearly a 1000 vending machines at one time. We helped 1000’s of other people create successful vending business, passive income and generational legacies through the security of vending. We offer a the 1st video business guide that’s hands down the most comprehensive resource tool in the marketplace plus our membership that’s designed to start and scale your vending brand. Visit www.billionairevending.com “We take your success seriously!”
Great points made. First time watching y'all, appreciate putting good content out there. Love the talk around having to budget for when things are slow. Too many people go out and leave their jobs and fail because they get drunk with what happens one day vs. what may be happening the next.
The Notorious M.O.E follow @thevenddoctor on IG to learn ways to earn passive income within the vending industry. 20 years of experience and hands on business success, placed over 250 location own and operated nearly a 1000 vending machines at one time. We helped 1000’s of other people create successful vending business, passive income and generational legacies through the security of vending. We offer a the 1st video business guide that’s hands down the most comprehensive resource tool in the marketplace plus our membership that’s designed to start and scale your vending brand. Visit www.billionairevending.com “We take your success seriously!”
5:34 first vending machine bro I been smomogm weed this whole year listening to music watching no podcast type talk all a sudden i see this and go on craiglist and see vending machines cheap for 250 to 900 some with water leaks but buy able right now thank yall I can see something in life again! 40:38 what to put yall 47:38 insurance
First time tunning in and I’m so grateful for the info. Tip for future vids/podcast homie with the grey sweater interrupts very frequently. A lot of times I was trying to hear the guest answers and he was interjecting with the “yea yea yea” and what not. I understand you guys are getting the information as well as the audience but please be mindful. Plus your mic is up mad loud.
This is good info. I was wondering about the net cashflow though. There are expenses to buy the snacks and other fees. That takes away from the gross. A job says the gross on the paystub but your net pay is lower. Net pay and cashflow show the true numbers.
I would love an update now that we’re in the midst of a pandemic with many businesses closed. Are you’d machines still generating income? There’s also a crazy coin shortage now so how has that impacted the industry?
I think I've been convinced to do this. I don't need to be rich. But if say 1/4 of my income came from this and 1/4 from real estate, then I could support myself working part time. Simplicity and diversified investments are another kind of wealth.
Getting vending machines in clubs/bars to sell disposable e cigs/cigarettes is the move. Profit margins way higher, guaranteed predictable traffic, etc. Don’t see why more people aren’t getting creative with vending, you can make a lot more if you have whatever’s hot at the moment instead of making .40 or .50 cents a chip bag (even tho that’s nice too)
In the words of the great Charlemagne the God, “Stfu forever” man lmao. Whose gonna buy bulk of cigarettes or e cigarettes to try to make a profit off? They already expensive !!
@@jordan_who thats not true.. if you're in a bar or club you get ID anyway so its all good. Y local bar has an old school cig vending machine and you pull the lever like a pinball machine and get pack cigs..
I stumbled onto your channel and subscribed about 15 minutes into the interview. Great episode! Very informative -- I took a lot of notes, excited to get started.
wow! I so happy I found this video! you guys should keep doing this. the problem with most of the black community is that we are tacit learners. This is one of the best ways to learn about finance and business. this video is very informative. Answered ALL my questions. I have all been on the fence about the vending business, even tho I have had it in my radar for years. this video has reignite my interests. thank you. keep the videos coming. SUBSCRIBED!
Outstanding information fellas! One of the best episodes hands down. Supplementing my real estate biz with this for sure. I'm buying a tee b/c of this episode. Good look.
This episode was incredible!! I feel like this was a part of the bigger pockets podcast with the terminologies used and even the mindset great work gentleman keep up the great work!!
Question: “What’s the craziest vending machine you’ve seen”? Me: “CARVANA”! I did not think they were real until I saw it person! You can definitely sell ANYTHING in a vending machine! 😂
Great videos , I like this kind of videos. We also committed to support our local businesses and we are working hard to contribute small business success tips and tricks for every to succeed
ATMS is better and way more income its just harder to get locations because most stores just run their own ATM machine. Vending is good but also remember you have to consistently grow because you will eventually loose every location in time. You are also limited to growth the bigger you get a route the more time it takes until you will have to hire someone and its very easy to skim off the machines trusting someone. Better than vending is doing coffee service or snack delivery. We deliver snacks once a month to the university and just invoice them a bill. Makes more than about 30 vending machines combined and only do one trip a month.
The other day my boss shot my dreams to be financially free down saying I must sacrifice something for it. I told him I sacrifice every lunch and after work hours to get as much knowledge as possible to be where I wanna be I sacrifice my attention and my old habits to become what I want to become.
Definitely find a location before buying/leasing a machine. If you buy used try to find a service technician that can look at it first. Just like a used car.
This information is so vital I love this guy thank you for doing a podcast together this was a good collaboration. Entrepreneurs stand up!#entrepreneurship#hustle
I love this episode 💪🏾but y'all forgot a lot of stuff like STEP 1 how to register for LLC for a vending company and why you need one... What you will need far as to move vending machine dolly lift cart, uhaul etc..and for y'all episodes can y'all aboard dry erase board for your youtube family so we can visually see the numbers so we can keep up Thank You
i truly believe these episodes are going to be the reason I break generational poverty in my family ! said it once and ill say it again ! S/O to you guys !
Kevin Valenzuela @ say it again!!!!!
💯 Salute
I believe in you man 🤙🏾
Praying for you bro.
I agree 💯
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $483k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.
Wow, that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.
I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?
I was just listening to an audiobook of "Rich Dad, Poor Dad" on TH-cam this week, and today, I come across THIS channel?? The Lawd is workin in my life ya'll!!!
Big UPs :) !!!!
💯👍🏽
You're on the right track. Keep Going. That's how I started. Reading alot of books like "Rich Dad Poor Dad", "Think And Grow Rich",
lovely ! you tapping into the right frequency sis! keep evolving
Amen sis! That’s how things have been falling in place in my life too! It’s great seeing the hard work and sometimes hard times that we have to put up with be worth it. Manifestation is real💯❤️
I invested in machines for my 12 yr old and I a couple months ago, we have 37. Been placing them at the moment. 12 locations and counting
Great job..may I ask u a question... do u have to have an l.l.c.
Do you need an LLC for this. Or an EIN
Congratulations 👏 👏.
@@msve3730 yes. Always wanna get one in case someone sues you. That way you can separate your personal assets from your business assets.
@@msve3730 a EIN is basically the LLC's social security. So you will need both. File for your LLC and then file for your EIN for the LLC.
Educated Black man! It’s a blessing from god seeing a couple successful brotha’s.
This podcast literally changed my life multiple times. I own a trucking company now through Alix, now I’m going to start this vending business next.
D Math I’m looking to start a trucking company how did you get started if you don’t mind me asking?
Ryan Clark I watched the earn your leisure episode with Alix burton and then bought his training course
D Math That's really admirable that u went for it!! All the best to u. How's the business going so far?
That’s what’s up. So happy for you!
Like any new business you go through the early phase of getting it rolling but it’s rolling, and it’s going good!
I can remember a friend of mine use to purchase vending machines for her son. Every two years for his birthday! He was making good money. At that time he was 8 yrs old.
Neeuq Amilam wow! That’s really smart!! I bet he’s way ahead of the game now by her doing that
BRILLIANT!!!
Great content again Kings currently a Cdl driver with 4 locations and 7 machines
That's What I'm Talkin About KING Keep GOIN!!!!!
💪🏿💪🏿💪🏿
So Kings has 2 sources of income as a CDL truck driver and a vender?
Unstoppable
follow @thevenddoctor on IG to learn ways to earn passive income within the vending industry. 20 years of experience and hands on business success, placed over 250 location own and operated nearly a 1000 vending machines at one time. We helped 1000’s of other people create successful vending business, passive income and generational legacies through the security of vending. We offer a the 1st video business guide that’s hands down the most comprehensive resource tool in the marketplace plus our membership that’s designed to start and scale your vending brand. Visit www.billionairevending.com “We take your success seriously!”
I’ve had inner spirit feelings to invest for several years. Now 60ish I feel inspired to step out and do it for the future of my grands. Thankful
Vending, Trucking and Mobile Homes are the top 3 EYL episodes by far!
The episode about stocks also
Leland Sledge follow @thevenddoctor on IG to learn ways to earn passive income within the vending industry. 20 years of experience and hands on business success, placed over 250 location own and operated nearly a 1000 vending machines at one time. We helped 1000’s of other people create successful vending business, passive income and generational legacies through the security of vending. We offer a the 1st video business guide that’s hands down the most comprehensive resource tool in the marketplace plus our membership that’s designed to start and scale your vending brand. Visit www.billionairevending.com “We take your success seriously!”
I just got my truck on the road thanks to them and Alix and I’ve always wanted vending machines so I might do this next lol
D Math check us out
The Vend Doctor I got to go with the gentleman in this video since I learned from him.
I saw a vending machine in the airport in Medellin Colombia that was full of travel sized personal care items. I thought it was brilliant.
Wow!
Yeah
Genius!
Hmmmmmm interestinggg!!!
I read an article about an eyelash vending machine & another article I read about a sista w/a weave vending machine.
I've been wanting to get into vending machines for a long time. I even started saving up to get a few machines. This is the type of story I needed.
Did you buy a machine
My 16 yr old daughter wants to start right now. I had her putting 65% of her pay check in savings. Now it's time to help her start. Let's go!!
Literally just got my first vending machine today and this video is recommended to me.... def a sign!
how has it gone?
I’m about to see if I can put a vending machine at my apartment complex my boyfriend has one at his and it’s always somebody using theirs in the middle of the night instead of going to the store.
Good idea, hopefully goes well
That’s a great idea ! Everyone has their 3 am store run lol
Put some weed wraps in too.....lol
KYLA ZGD Can you provide an update?
GMTA... Just contacted a friend that works for A Management Company to see if I can have a sit down regarding placing machines on their properties
Watching in 2022. This came up as recommended and I’m grateful for that.
Alright. I’m ready to start my vending machine business, real estate investment business, and trucking business 😂 no but seriously 😐
samantha simon thanks! Same to you ❤️❤️❤️
@@deneshanelson1429 Get those streams of income started
Tonya Kearney Thank You! ❤️ I’m on it!
Do it!! Try one business, once it's stabilized, work on another business. Repeat.
Leathelandlady yes! ❤️ That’s my exact plan! Lol I definitely consider myself a serial entrepreneur 😎
Philly represent. I’m from Philadelphia, but I’ve lived in nyc for 20 years. Proud of my hometown. Great podcast, guys!
I looked into vending machines and vending routes but I’m in a competitive area and getting leases is vital. It’s really a real estate business but if you can secure some contracts the machine pays for itself. My Old head Art said the bank used to call him for change bcuz he was known to keep thousands in quarters.
Malik R follow @thevenddoctor on IG to learn ways to earn passive income within the vending industry. 20 years of experience and hands on business success, placed over 250 location own and operated nearly a 1000 vending machines at one time. We helped 1000’s of other people create successful vending business, passive income and generational legacies through the security of vending. We offer a the 1st video business guide that’s hands down the most comprehensive resource tool in the marketplace plus our membership that’s designed to start and scale your vending brand. Visit www.billionairevending.com “We take your success seriously!”
I hope you look into distribution centers. I'm a trucker, and sometimes, I'll be sleeping overnight at a place and, if I wanted a cold drink, it's not accessible. Think outside the box! Blessings to you on your journey!
I gotta stop watching these videos. They got me thinking I can do anything 💪
That's actually a good thing!! 💪🏾💪🏾💪🏾❤❤🙌🏿🙌🏿
YOU CAN!!!!
You *can* do anything! Just not *everything* !
You can bro! Believe it!!! Break the mindset.
DJ RJ follow @thevenddoctor on IG to learn ways to earn passive income within the vending industry. 20 years of experience and hands on business success, placed over 250 location own and operated nearly a 1000 vending machines at one time. We helped 1000’s of other people create successful vending business, passive income and generational legacies through the security of vending. We offer a the 1st video business guide that’s hands down the most comprehensive resource tool in the marketplace plus our membership that’s designed to start and scale your vending brand. Visit www.billionairevending.com “We take your success seriously!”
Yes!! This is genius! Many wouldn't even have thought to consider doing this. Even though like you guys mentioned, we've all bought something from the vending machine. I've been talking to my fiance a lot lately about starting a passive income business, and this kept popping up on my feed. That's nothing but the universe 🙏 Oh, and I was listening from ear to ear 👂even stopped it a few times and went back, just to make sure I didn't miss a beat... He was concise, clear, and so giving. Really appreciate folks like him. Dropped nothing but gems on us 💎!! Going to have to look into that e-book. Thanks guys!
Any updates ?
ATM business next please 🙏🏽🙏🏽
Joseph_ Elahi_BJJ yes
🏧 business is way better
Idk why so many vending machine videos started popping up on my feed but it has me interested. I have a regular job, a computer repair business, and I'm an Amazon seller. Nothing wrong with another source of income.
I use to work for a vending machine business and trust me it makes money. I was going to get into the business but never had a chance to but it is very good income. I worked on the car side where I heard all maintenance calls come in so I know the business. Might think about getting a couple since I was reminded from this video. Nice video! Thanks guys!
You should go for it.!
Once a save about $2000 then I can get 2 machines and go from there I just have to learn how to contact some people and try to place them bc being a single mom I definitely need the income! Have to figure out the contract side. Thanks!
@@vonettap.2383 what state are you located in?
@@MajorBankMentaliy I'm located in NC.
@@vonettap.2383 oh ok. We are in Charlotte.
Whenever you ready to talk about some uswd good quality machines at a affordable price call us. 877 831 1078 ext 200
look us up www.cuc100llc.com/
So glad I sat through this hour video of free game. This year I’ve started a shoe and clothing company but that’s more personal. More dreams. Money now is getting into something that everyone already loves. I’ve been on vending machines for some time. Price checking and scouting for spots. After viewing this video I’m for sure buying vending machines all next year. Start of a passive income mission. Get rich in my sleep. Start more businesses. This is the way. First you must have the mindset.
MONEY IS ALL AROUND YOU; YOU SIMPLY GOT TO BE CONSCIOUS ENOUGH TO RECOGNIZE THE OPPORTUNITIES.
EYL is so beneficial! Thanks so much for building this platform for OUR ppl! ✊🏾
I really love their direct questions!
the most detailed interview ive heard on this topic.. very much appreciated
I started at 8 years old I’m still in the game I’m now in my 20s I started with a Candy machine now I have two full line locations I still enjoying it.
What do your profit margins look like yearly?
Kee La you know I’m not sure because I’ve been reinvesting. And have had much luck with new locations.
MARK JENCKS definitely will be looking into this! Thanknyku
Kee La you’re welcome
I LOVE HIS HUMBLING AND HONEST SPIRIT...when he said i had to put my tail between my legs and go back to work...🏆🏆
“Why have a second job when you can start your first business”...mic drop
While on Staten Island I personally worked the vending machine hustle, alongside the owner Chris J. Mauler entrepreneur. Lenny the brains and muscle 💪🏽 also Freddy Carullo of Staten Island Amusement.
Good guys, Good friends, Good business. Grand grind. Lots of inside tricks, n tips of the trade. Food snacks/ beverages / toy prizes. And In No Way is it simple 😅. Do your technical support and transportation, inventory, supply and demand, cost.
Travel distance time and the race against expiration dates.
Space /Maintenance/ location /high traffic low traffic and how steady the flow. Security, wear housing, product stock, storage. Security Safety Sanitary. Legal Codes. 🤙🏽the 💰 is yours the electrical mechanical pitcher Also. Gotta take care of Everything. Gotta pay💸 the cost to be the Boss 💵💪🏽 yá dig??
I'm a supervisor for a distribution warehouse and I just closed my first deal a couple months ago to put a vending machine in the same warehouse that I work at. So not only am I getting paid from my 9-5 here but I'm also getting paid from coworkers who buy from my machine. And now I'm in the process of getting another machine to put in the other break rooms in this location. 💰
Sweet. Wishing you continued success
Dop! How much work is truly involved? Just stocking?
Great questions! No fluff and nonsense talk. Love this. You've got a new subbie!
I’ve done it, stared my own vending business and I’m well on my way!
How’s the business going ?
Did you find any problems?
@@leeryan925 It’s going good! Money keeps coming, and coming. I just have to check the machines about 2 times a month and keep everything working and fresh product!
@@bigbosstim4386 I’m based in the Uk 🇬🇧 Which way did you find best to approach people to place your machines ?
Thanks in advance for you replies 👊🏽
@@leeryan925 I went through this guy I found who runs New Orleans Vending he had the hook up for me to where I only had to buy the vending machines in the location he would place the machines and I would just have to go and fill the machines up and collect the money. Search your city where are you stay in London or UK,. They should have a service for Vending where someone can find you locations for a small fee how are you might have to do is find some vending machines
@@leeryan925 you can also check online for vending machine location finders in your area.
🤔 Learned a skill while owing vending machines 😯 he can now fix his own an other people’s machines! that work can be outsourced... 💎
This episode was very informative and Mr Edwards was forthcoming with the details
Yeah. This is the type of show, type of content I like.
Shantelle Dawkins follow @thevenddoctor on IG to learn ways to earn passive income within the vending industry. 20 years of experience and hands on business success, placed over 250 location own and operated nearly a 1000 vending machines at one time. We helped 1000’s of other people create successful vending business, passive income and generational legacies through the security of vending. We offer a the 1st video business guide that’s hands down the most comprehensive resource tool in the marketplace plus our membership that’s designed to start and scale your vending brand. Visit www.billionairevending.com “We take your success seriously!”
I love the realness of this channel. It's informative and empowering.
Thank you for posting. Years ago, I saw an ad in the newspaper. A guy was getting out of the vending machine business. He had his vending machines in a commercial storage facility that was literally walking distance from my house. If I'm mistaken, I looked at the machines. They were older, but still operable. I never followed up & talked myself out of it because I felt like it would be too time consuming & the money for maintenance. 🤦🏾♀️
Am 17 and this is the content i take in daily i wanna be someone one day thanks to content like this i teaches us a lot❤❤❤
In Tampa they sell flip-flops at the beach for $10...good information!
"1 is too close to 0" I like that.. 💯💯💯
🗣"One is too close to none, if that one goes, you're done..."💯 brilliant, LEVEL UP TIME is NOW!!!! 2020VISION!!
A Word. 🔥🔥
I’m actually in the process with my boyfriend trying to get vending machine business started!!
It's the people in the comments that encourage me!! Y'all are some bosses and I love it
I barely comment on TH-cam but I watched this episode and it just blew my mind this is exactly what’s I was looking for a low cost start up business that did not required my presence at all time I started back in 2020 during the pandemic now that everything is open in Fl Im on my third location already and one of them is placed in one of the biggest residential services in south florida so Im exited to get referred to other club houses
I needed this one. At work but Im gonna finish it later
Marcus M follow @thevenddoctor on IG to learn ways to earn passive income within the vending industry. 20 years of experience and hands on business success, placed over 250 location own and operated nearly a 1000 vending machines at one time. We helped 1000’s of other people create successful vending business, passive income and generational legacies through the security of vending. We offer a the 1st video business guide that’s hands down the most comprehensive resource tool in the marketplace plus our membership that’s designed to start and scale your vending brand. Visit www.billionairevending.com “We take your success seriously!”
This show is pretty dope..and consistently drops excellent content.
Perfect timing. Just yesterday I was thinking about revisiting this business idea.
Pressing question: Who might you speak to regarding putting a machine in a school, hospital, or airport?
You’ll have to send emails out to the owners of, or management/supervisory personnel.
If you don't know that , then what's the point. 😂
@@bobbyanderson5601 dude you’re about 2 years too late with your sarcasm. ( Respectfully ) I’ve since placed 5 machines total 3 different schools. 2 in one 2 in another and 1 in the 3rd. So thanks but no thanks. Maybe use your wit to actually give someone some useful advice; granted, that’s if you have any. Peace out ✌🏽
Great man! How'd you get into the schools?
This. I needed it, I was already researching it a couple weeks back. I need to go "drive for dollars" around town!
Subie_ Will_IV follow @thevenddoctor on IG to learn ways to earn passive income within the vending industry. 20 years of experience and hands on business success, placed over 250 location own and operated nearly a 1000 vending machines at one time. We helped 1000’s of other people create successful vending business, passive income and generational legacies through the security of vending. We offer a the 1st video business guide that’s hands down the most comprehensive resource tool in the marketplace plus our membership that’s designed to start and scale your vending brand. Visit www.billionairevending.com “We take your success seriously!”
Everytime i see a truck passing by, thats money right there. Your mind your eyes everything really does change when you start listening to other people. Not the ones around you that have the same or less than you.
The TH-cam Algorithm Gods have provided me something useful this time. Subscribed!
🙏🏽
EYL we need yall out here in the Bay Area. Please make that event happen ✊🏾✊🏾great episode 🙏🏾🙏🏾
Keithtric Cottrell hopefully they do, if you they get close and you get the opportunity go, I went in ATL a few weeks ago and it was helpful, you actually get to interact and talk to these ppl. Ask questions, personally connect with some etc etc, well worth the price
Bay Area we need to link up im from philly. We can do somethings. Get at me.
Yes, I've seen the contraception machine in restrooms. They have tampon machines inside of Planet Fitness locker rooms.
Just the title got me hype. If this is anything like I think it will be, this is so needed. Great timing guys.
Even if you have a FT job w/a legit side hustle, you can do a Schedule C w/your regular W2's where tax benefits can be huge by either doing the mileage or expenses. I talked w/my tax preparer last eeek & she said you get more back w/mileage vs. itemizing receipts b/c receipts you get a certain percentage unless you have a separate vehicle & separate phone. Either receipts or mileage you need to verify both.
Amazing episode! Thanks guys! Much love
Brianna Elan follow @thevenddoctor on IG to learn ways to earn passive income within the vending industry. 20 years of experience and hands on business success, placed over 250 location own and operated nearly a 1000 vending machines at one time. We helped 1000’s of other people create successful vending business, passive income and generational legacies through the security of vending. We offer a the 1st video business guide that’s hands down the most comprehensive resource tool in the marketplace plus our membership that’s designed to start and scale your vending brand. Visit www.billionairevending.com “We take your success seriously!”
Great points made. First time watching y'all, appreciate putting good content out there. Love the talk around having to budget for when things are slow. Too many people go out and leave their jobs and fail because they get drunk with what happens one day vs. what may be happening the next.
I wonder if he will go into atm machines also. How does he negotiate with the business to get his machine into a motel, a school etc.
I'm buying a vending machine soon as I get my stimulus !
No ur not🙄
What is the IG account to follow?
Not sure how I found this video, but I absolutely learned something. If anything else, knowledge was gained. Thank you brothas.
This content is GOLD! Thank you so much for dropping these jewels 💎
Best time & day of the week...#EYL #TheVendingBizz #TreyBrown #Spergo
The Notorious M.O.E follow @thevenddoctor on IG to learn ways to earn passive income within the vending industry. 20 years of experience and hands on business success, placed over 250 location own and operated nearly a 1000 vending machines at one time. We helped 1000’s of other people create successful vending business, passive income and generational legacies through the security of vending. We offer a the 1st video business guide that’s hands down the most comprehensive resource tool in the marketplace plus our membership that’s designed to start and scale your vending brand. Visit www.billionairevending.com “We take your success seriously!”
5:34 first vending machine bro I been smomogm weed this whole year listening to music watching no podcast type talk all a sudden i see this and go on craiglist and see vending machines cheap for 250 to 900 some with water leaks but buy able right now thank yall I can see something in life again! 40:38 what to put yall 47:38 insurance
Where do you get the supplies to fill the machines? How do you take classes or learn how to fix the machines when they break down or jam up???
Planning on getting my 1st machine next month.. can’t wait
This video just helped change my life and way of thinking, thank y’all.!!
You guys ask great questions. That’s overlooked in a lot of interviews
First time tunning in and I’m so grateful for the info. Tip for future vids/podcast homie with the grey sweater interrupts very frequently. A lot of times I was trying to hear the guest answers and he was interjecting with the “yea yea yea” and what not. I understand you guys are getting the information as well as the audience but please be mindful. Plus your mic is up mad loud.
This is good info. I was wondering about the net cashflow though. There are expenses to buy the snacks and other fees. That takes away from the gross. A job says the gross on the paystub but your net pay is lower. Net pay and cashflow show the true numbers.
Love the podcast Per usual 🙌🏾 but who in the hell would put thumbs down 😒
I would love an update now that we’re in the midst of a pandemic with many businesses closed. Are you’d machines still generating income? There’s also a crazy coin shortage now so how has that impacted the industry?
I would get one that takes cash , coin and card
I think I've been convinced to do this. I don't need to be rich. But if say 1/4 of my income came from this and 1/4 from real estate, then I could support myself working part time.
Simplicity and diversified investments are another kind of wealth.
You guys need to interview someone in the ATM business which obviously has alot of similarities with placing vending machines.
Getting vending machines in clubs/bars to sell disposable e cigs/cigarettes is the move. Profit margins way higher, guaranteed predictable traffic, etc. Don’t see why more people aren’t getting creative with vending, you can make a lot more if you have whatever’s hot at the moment instead of making .40 or .50 cents a chip bag (even tho that’s nice too)
You can’t vend items that require ID
I read an article about an eyelash vending machine & another article I read about a sista w/a weave vending machine.
In the words of the great Charlemagne the God, “Stfu forever” man lmao. Whose gonna buy bulk of cigarettes or e cigarettes to try to make a profit off? They already expensive !!
@@jordan_who thats not true.. if you're in a bar or club you get ID anyway so its all good. Y local bar has an old school cig vending machine and you pull the lever like a pinball machine and get pack cigs..
@@DiabolicKal646 the more expensive the more the profit
These brothers are a inspiration God bless them, it's our turn.
I stumbled onto your channel and subscribed about 15 minutes into the interview. Great episode! Very informative -- I took a lot of notes, excited to get started.
wow! I so happy I found this video! you guys should keep doing this. the problem with most of the black community is that we are tacit learners. This is one of the best ways to learn about finance and business. this video is very informative. Answered ALL my questions. I have all been on the fence about the vending business, even tho I have had it in my radar for years. this video has reignite my interests.
thank you. keep the videos coming.
SUBSCRIBED!
Outstanding information fellas! One of the best episodes hands down. Supplementing my real estate biz with this for sure. I'm buying a tee b/c of this episode. Good look.
You guys asked all the right questions.
Thank you for this video 🤙🏽
This episode was incredible!! I feel like this was a part of the bigger pockets podcast with the terminologies used and even the mindset great work gentleman keep up the great work!!
Question: “What’s the craziest vending machine you’ve seen”?
Me: “CARVANA”! I did not think they were real until I saw it person! You can definitely sell ANYTHING in a vending machine! 😂
Ha! Facts.
I saw Caravan here where I live @, I didn't think it was real, Went inside & it was real!!!!!
Rocked out another banger fellas! Thank you!
Great videos , I like this kind of videos. We also committed to support our local businesses and we are working hard to contribute small business success tips and tricks for every to succeed
ATMS is better and way more income its just harder to get locations because most stores just run their own ATM machine. Vending is good but also remember you have to consistently grow because you will eventually loose every location in time. You are also limited to growth the bigger you get a route the more time it takes until you will have to hire someone and its very easy to skim off the machines trusting someone. Better than vending is doing coffee service or snack delivery. We deliver snacks once a month to the university and just invoice them a bill. Makes more than about 30 vending machines combined and only do one trip a month.
Tell us more. I love the concept. How's the scalability?
I learn about the ATM machines but my question is how and where to get the ATM machine
Wyh is coffee service and snack delivery?? You buy their coffee and chips?
@@ChrisBcards yes and just deliver supplies once a month and bill them
The other day my boss shot my dreams to be financially free down saying I must sacrifice something for it. I told him I sacrifice every lunch and after work hours to get as much knowledge as possible to be where I wanna be I sacrifice my attention and my old habits to become what I want to become.
thank you so much for this channel this is truly a blessing. I can't wait to be featured on an episode in the near future.
Wow this interview was so enlightening and motivating! Can’t wait to start my vending machine business !
Definitely find a location before buying/leasing a machine. If you buy used try to find a service technician that can look at it first. Just like a used car.
Do all the companies allow you to place your vending machines there rent free? Thanks
This information is so vital I love this guy thank you for doing a podcast together this was a good collaboration. Entrepreneurs stand up!#entrepreneurship#hustle
You guys ask great questions. Thank you for sharing this.
I love this episode 💪🏾but y'all forgot a lot of stuff like STEP 1 how to register for LLC for a vending company and why you need one... What you will need far as to move vending machine dolly lift cart, uhaul etc..and for y'all episodes can y'all aboard dry erase board for your youtube family so we can visually see the numbers so we can keep up Thank You
Great points to be added. I got notepad by me to write numbers and all info down, definitely helps to have a visual.
Register the name of your business with the state you reside
This info was absolutely priceless!!!! Thank you 🙏🏾
You guys asked very good questions, thank you!
This is good man ya'll have been giving out free game for a minute now.
You guys are the greatest! Thank you for everything you are doing for the culture!
Thank you so much for this information. It was very helpful and superbly managed! I feel inspired and informed.