
Today we’re reacting to “How I Turned Vending Machines Into A $300K Business | On The Job” from CNBC Make It – Enjoy! Original Video Here: – Add me on Instagram: GPStephan
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Hi I don’t pay the locations anything. You most likely won’t have to pay anything because you’re providing a service. There are times you do but for the most part you won’t.
Great video.
Location for the machine is key.
GRAM, I know how he makes his money.
I'm calling B.S.
Hey I own a vending business as well
All of my no locations don't feel the need to have a percentage since you're filling the need of business owners wanting to keep their workers on site with snacks/drinks
Vending machines? Oh boy
Great video!! Now I have more knowledge about finance. I spent 20 years in the military and unfortunately did not save in a TSP. I am fortunate enough to be retired at age 42 with a profit from my investments and pension. I wouldn't have been able to live my current lifestyle without couple of investment. After taxes I am left with about 25,000 bucks a month, I am debt free and just now starting to invest in real estate. I don't plan on working for someone else ever again. I just live a modest life and now invest heavily in the market with the help of an IA. I do get a 2-3% raise every year for inflation and this income is for the rest of my life. I am blessed and now I live a great stress free life while investing while I am retired.
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Receive rewards in your wallet every single month. Care to know how? Link in bio!
How often are they really broken as in kicked in by students or drunks?
Sometimes you can use video games as side hustle like if u have yt channel related to games…
where can you create the course?
The most Profitable vending machine business is: Used Women’s underwear vending in Japan!
Bro thanx for the valuable info. Please do a deep dive on Cult Dao project as many are saying it's the next Shiba. Amazing project! Read the manifesto and tokenomics and see how special this project is.
I love how this is being looked at as a “new cool side hustle”
vending is equal to the garbage industry for the mob lol
wtf i literally just watched this
My dad has had a vending machine business for 20+ years. Personally not my fav… very labor intensive and have to sell hundred of thousands of $1-2 items to make money. Would rather sell a few larger things to less clientele. Not as “passive income” as I’ve seen pitched in other videos.
Do you need a business license to do this in AZ?
I don't understand vending machine. It is not cheap, why waste money on buying from vending machine.
You know what’s funny? What you described at the beginning about YouTube pushing a video non stop is what got me to watch this
The newer machines notify you when a product is out of stock so you only go out when notified 👍
If he created a course and then started selling machines etc… even more money cause the customer base for everything else is already built in from the course customers
It's a nice business until you teach everyone how to do it and drive down profitability until it's not even worth doing.
Been following you for some time doubt you recall but I was in your comments wasn’t making no money took your advice to get into sales tripled my income . Purchased two house one to live in one to rent out . Bought my dream car and I’m getting into vending now and here you are doing a video on it . I wanna share my story with you in like a year or two not done yet but thanks Graham you’ve made a positive impact on me
I’m not gonna lie, I love watching your videos every morning on my 30 minute commute to work. It really motivates me to try and be better financially. I’m basically at rock bottom now lol, but everyone starts somewhere, right? 🤙
Yea nobody trying to finesse folks on the net. Dude wants to run a classic business
Show me the balance sheets and receipts. People can say anything on the Internet. I'm not being a hater.
Last semester I lived in the apartment where the first vending machines are at (off campus at temple university).
I never saw anyone actually pay money, everyone literally just hits and tilts their snacks out
I do vending machines on the side and I do not pay the locations anything as well. Also the credit card readers do a great job of telling you how much cash should be in your vending machines so they don’t just count the credit card transactions. I have a location that makes about $2000 gross a month and 50% of that is profit.
Awesome
Vending machines are cool
Lol you’re so funny Marcus😩😂👍🏼
I just got the original video recommended yesterday wtfff
Get him on THE POD CAST!
funny thing this video is the one that youtube pushed me to watch
His profit has to be more than 90K. Vending machines don’t require alot, and if it requires repair it really can’t be that much.
Snacks are cheap as hell.
Unless he has staff, or is paying rent which I’ve researched and its likely he doesn’t.
Damn good on him 👏
so, living as a poor person