Rabbit Hole - (Thursday Throwback) Vending Machines

In this episode of the Plan B CRNA podcast, hosted by Bobby Jones, listeners are taken on a deep dive into the world of vending machine businesses as a potential side hustle or passive income stream. Bobby draws from his experiences and research, presenting the pros and cons of entering this industry. He emphasizes the need for individualized research and self-awareness, acknowledging that what works for one person might not work for another. The episode covers various aspects of starting a vending machine business, from the different types of vending machines available (snacks, beverages, bulk, specialty) to financing options, location selection, inventory stocking, and investing time in relationship-building and customer service. 

Throughout the episode, Jones highlights the accessible nature of vending machine businesses, noting the relatively low startup costs and potential for scaling over time. He also underlines the practicality of running this venture as a side gig, highlighting its flexibility and the possibility of generating income even while sleeping. On the downside, Jones warns about challenges such as potential slow startup, the need for regular repairs, and the vulnerability of vending machines to theft and vandalism. He encourages listeners to conduct their own research and consider their personal strengths and goals before entering the vending machine business.

Books and Links mentioned in the episode 

How to Start a Vending Machine Business: Earn Full-Time Income on Autopilot with a Successful Vending Machine Business Even if You Got Zero Experience by Walter Grant and Matt Coleman. 

Start Your Own Vending Machine Business: Collect Monthly Full-Time Income on Autopilot by Building a Vending Machine Empire by Liam Buckley. 

How to Start a Vending Machine Business: In These 7 Simple Steps, You’ll Discover How to Create a Monthly Full-Time Income Automatically with Little Budget and No Experience Required by Jordan Mallin. 

https://www.grandviewresearch.com/industry-analysis/global-vending-machine-market

https://www.alliedmarketresearch.com/vending-machine-market-A09486

https://mailchimp.com/courier/article/vending-machine-economy/

https://thehustle.co/we-interviewed-20-vending-machine-owners-heres-how-much-they-make/

https://medium.com/fuck-niches/5-vending-machine-side-hustles-id-try-594319e8d305

https://www.nerdwallet.com/article/small-business/how-to-start-a-vending-machine-business

https://www.profitableventure.com/pros-cons-own-vending-machine/

https://www.oncallinvestments.com/

To find out more about investing in multifamily real estate schedule a call at https://www.oncallinvestments.com/

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