Dating a passive guy
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One month after you place the first machine, you could take the $25 it made and add another $175 of your own to buy your second machine.In the third month, you take the $50 those machines made plus $150 of your own for the third machine, and so on for about six months and six locations.
The machine was taking in all kinds of money and the owner was nowhere in sight!
Really, I only spend a couple of days a month on my candy business, and I can take a six week vacation if I want without a sweat.
The comment I always seem to get from well-meaning acquaintances is, While they also make a lot of money, this sort of vending is more of a job.
I consider this low-maintenance income in my current position.
As I roll more and more of my profits into bigger assets, and my time becomes more valuable, I will eventually either sell the candy business or hire someone else to run it.
I wanted to find an income-producing asset in the hundreds of dollars instead of the thousands so that I could continue my debt repayment plan and start producing income at the same time.
At the time, I worked as bartenders at a restaurant. â€ Over the rest of the shift, I took notice of how many dollar bills we changed out for quarters.Once you have six locations, you should be making about 0 per month which should pay for an additional machine each month if you have found a cheaper source than Samâ€™s Club.You might even hit a couple of high-volume locations right off the bat that really get you rolling.I am perfectly happy collecting multiple streams of income that are smaller, but low-maintenance; and add up into something to talk about.If you feel like bulk candy vending is up your alley, I would suggest starting out by buying one machine and approximately worth of candy to fill it at your local warehouse store.No investment requires no effort at all after the initial setup.