HOW TO MAKE A FORTUNE OFF VENDING MACHINES
ฝัง
- เผยแพร่เมื่อ 10 ก.พ. 2020
- The vending machine industry generates $23 billion in annual revenue. With low startup costs and high profit margins, it’s one of the most practical businesses that anyone can start.
We linked up with the Vending Machine King aka Kashief Edwards for one of our most educational episodes ever.
On episode 63 he gave a step-by-step blueprint that anyone can use to make huge profits from owning vending machines. #Entrepreneur #Vendingmachine
Link To The Vending Bizz Master Class: the-vending-bizz-mastermind-c...
Guest IG: @the_vending_bizz
Book Tip: The Vending Bizz
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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
Also the TH-cam algorithm working for you 👍
Why have a second job when you can have your first business. That hit me hard
Fax
17:50
YES!
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.
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!”
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!!!
Educated Black man! It’s a blessing from god seeing a couple successful brotha’s.
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 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
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
Philly represent. I’m from Philadelphia, but I’ve lived in nyc for 20 years. Proud of my hometown. Great podcast, guys!
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
ATM business next please 🙏🏽🙏🏽
Joseph_ Elahi_BJJ yes
🏧 business is way better
the most detailed interview ive heard on this topic.. very much appreciated
Literally just got my first vending machine today and this video is recommended to me.... def a sign!
how has it gone?
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.
EYL is so beneficial! Thanks so much for building this platform for OUR ppl! ✊🏾
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 ?
“Why have a second job when you can start your first business”...mic drop
I love the realness of this channel. It's informative and empowering.
Great questions! No fluff and nonsense talk. Love this. You've got a new subbie!
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.
Perfect timing. Just yesterday I was thinking about revisiting this business idea.
This content is GOLD! Thank you so much for dropping these jewels 💎
This show is pretty dope..and consistently drops excellent content.
Not sure how I found this video, but I absolutely learned something. If anything else, knowledge was gained. Thank you brothas.
Watching in 2022. This came up as recommended and I’m grateful for that.
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!!
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!”
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 😎
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 really love their direct questions!
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.
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!”
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!!
This was great! You guy's blessed me with so much great information! ❤
Love the podcast Per usual 🙌🏾 but who in the hell would put thumbs down 😒
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.
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. 🤦🏾♀️
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!
I really enjoy these shows. Keep them coming. Great info. I see a few vending machines in my future.
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!
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!”
Just the title got me hype. If this is anything like I think it will be, this is so needed. Great timing guys.
You guys asked all the right questions.
Thank you for this video 🤙🏽
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!”
I just listened to this episode on your podcast after hearing you guys on bigger pocket! 🔥🔥🔥 Great content! Thank you! You have a new subscriber 👊🏽
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/
I didn't even know ya'll were on TH-cam. I listen on Spotify but this is even better! Absolutely love the content!!
Great Video! I have been thinking about starting a vending machine business and this video answered almost EVERY question that I thought of. When you started, did you need to create an LLC or Sole proprietorship before putting machines out there or can you start small without that to see how it goes first?
Definitely learned a lot during this episode and now have started a game plan to get my business rolling. Thank you for the content!
This video just helped change my life and way of thinking, thank y’all.!!
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.
Excellent video, packed with content! Thanks for sharing so many details.
Yall really droppin Gems and I appreciate it ! 💎
Rocked out another banger fellas! Thank you!
You guys ask great questions. That’s overlooked in a lot of interviews
this was so very helpful!! thank you for all of the information. good luck to everyone on their vending journey!
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
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!”
Such Great Information, I Thank You all for allowing us to be able to get this Helpful information 🍀🍀🎊🎉🙏
This info was absolutely priceless!!!! Thank you 🙏🏾
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 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
Thank you for sharing this great content. I have watched a few of your videos and got inspired to start my own business soon.
You guys asked very good questions, thank you!
Damn man thanks this really helped a lot I love what y’all are doing 💯
You guys are the greatest! Thank you for everything you are doing for the culture!
these are very informative ! yall ask the right questions!! i have to subscribe
Thank you so much for this information. It was very helpful and superbly managed! I feel inspired and informed.
Great video. I actually follow him and been talking to my kids about starting one for them. Thanks fellas
I LOVE HIS HUMBLING AND HONEST SPIRIT...when he said i had to put my tail between my legs and go back to work...🏆🏆
Planning on getting my 1st machine next month.. can’t wait
Such a fantastic interview. Thank you!
THIS Was Chock FULL Of Awesome Tangible Information... THANK YOU KINGS! 👑👑👑
Damn I gotta get in on this! Could definitely use this to finally get ahead in life!
Great content! Wondering how to deal with your machines if you move away from the location. Is remote vending viable?
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.
Wow this interview was so enlightening and motivating! Can’t wait to start my vending machine business !
Hit me ☝☝up for more info..
🤔 Learned a skill while owing vending machines 😯 he can now fix his own an other people’s machines! that work can be outsourced... 💎
MONEY IS ALL AROUND YOU; YOU SIMPLY GOT TO BE CONSCIOUS ENOUGH TO RECOGNIZE THE OPPORTUNITIES.
Great video I really enjoyed watching it. A lot of very good information. I live in Australia and have been looking at buying an existing run and build from there.
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!”
In Tampa they sell flip-flops at the beach for $10...good information!
Great content for sure!
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
This is good man ya'll have been giving out free game for a minute now.
🗣"One is too close to none, if that one goes, you're done..."💯 brilliant, LEVEL UP TIME is NOW!!!! 2020VISION!!
A Word. 🔥🔥
Wow I just saw ya'll on 85 south show. Great info. Thank you!!
This was definitely a great episode
great video Brothers! educational!
Major Keys 🔑 🙌🏾 Thank You!
YOU GUYS ARE AMAZINGGG A++ content always
This information has been so helpful.
The TH-cam Algorithm Gods have provided me something useful this time. Subscribed!
🙏🏽
BRO, dropped gems. glad I came across this vid.
Great content. I wish you guys had asked him about legal due diligence though!