Bulldog Mindset
@bulldogmindset·389K subscribers·4.9K videos
How Much Money I Made In My Vending Machine Business
Posted
May 7, 2019
Views
7,333
Likes
161
Comments
29
Engagement
2.59%
May 7, 2019
7,333
161
29
2.59%
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16:04Now PlayingHey Bulldogs! John Sonmez from Bulldog Mindset Here, where I teach you how to go from the Victim Mindset to the Bulldog Mindset.
Today's topic is about vending machines, how I started the vending machine business and how much money I made in my vending machine business.
I know that vending machine business doesn't sound that appealing or lucrative, however the experience I've gotten from it was a good one. Running a business for the first time is always a hassle especially since you have no prior experience.
For me personally it was a good experience, learning how to deal with businesses, how to track my profit/loss statements, pitching my business deal, getting a better idea on the location that are most suited to put my vending machines in, buying new vending machines vs used ones etc...
It was a very great first experience in general, granted it wasn't worth all the hassle, especially since it wasn't that lucrative, I know that you're wondering how much money I made in my vending machine business compared to my full time job, and it wasn't a lot, a few hundreds of dollars every month.
granted it was fun running the business, buying the candy and so on... However in terms of efforts and time is wasn't worth it.
Starting a vending machine business will give you a nice experience if you've never ran a business before, but it won't make you millions. I made millions of dollars in four major areas such as online business, real estates and building my own brands... And for me that's the best way to get passive income + make great deal of money that allows you to retire and even scale them exponentially
I do talk about this more in depth in the Bulldog Mindset Membership, it is close know, however you can join the waiting list by click the link below.
Bulldog Mindset Membership:
Now as a final thought, if you're going to start a vending machine business, I would advice you to get used machines, try to start with only 2 or 3, get a feeling of how the business is ran and how to manage it, then expand it, or take your new found experience and invest in something more scalable liek real estates, online business a startup etc...
That's all from me for this video, and I'll see you tomorrow!
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► LINKS YOU MIGHT LIKE
Bulldog Mindset Website
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If you have a question, email me at john@bulldogmindset.com
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