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How to Start a Vending Machine Business, Cost, Tips, How Much You Make with Michael Hoffmann
Manage episode 424503343 series 2499406
Did you know that vending machines are an often overlooked but extremely powerful passive income source? If you haven't considered investing in vending machines, Michael Hoffmann is here to convince you why you should.
Join Russ, Joey, and Michael as they discuss how to start a vending machine business with minimal capital, the cost and profit margins, how to stock them, how to find an ideal location, how to hire an operator, and almost everything you need to know about this opportunity.
Top three things you will learn:
-How to start a vending machine business
-Choosing the best location for your vending machines
-How much you can make from vending machines
About Our Guest:
Michael Hoffmann's journey to passive income started while working a 60-hour week job that paid him only $1,200/month. He then began experimenting with short-term rentals and several other income streams. One of those income streams quickly became his favorite: vending machines. He now offers a course to teach others how to build passive income with vending machines.
Connect with Michael Hoffmann:
-Website - https://wealthwithoutwallstreet.com/vending
Join Our Next Inner Circle Live Event:
https://go.wealthwithoutwallstreet.com/inner-circle-live
Promo Code: PODCAST
Free IBCA or Financial Freedom Discovery Calls:
https://www.wealthwithoutwallstreet.com/freecall
IBC Webinar:
https://www.wealthwithoutwallstreet.com/ibc
Wealth Without Wall Street New Book:
https://go.wealthwithoutwallstreet.com/newbook
Apply to Join the Passive Income Mastermind:
https://wealthwithoutwallstreet.com/wwws-passive-income-mastermind
Join the Community:
https://wealthwithoutwallstreet.com/community
Turn Active Income Into Passive Income:
https://go.wealthwithoutwallstreet.com/pios
Take the Financial Freedom Analyzer:
https://wealthwithoutwallstreet.com/quiz
Discover Your Path to Financial Freedom:
https://wealthwithoutwallstreet.com/passport
Know Your Investor DNA:
https://go.wealthwithoutwallstreet.com/investordna
Invest with The Land Geek:
Invest with Your Friends and Family:
—
577 episodes
Manage episode 424503343 series 2499406
Did you know that vending machines are an often overlooked but extremely powerful passive income source? If you haven't considered investing in vending machines, Michael Hoffmann is here to convince you why you should.
Join Russ, Joey, and Michael as they discuss how to start a vending machine business with minimal capital, the cost and profit margins, how to stock them, how to find an ideal location, how to hire an operator, and almost everything you need to know about this opportunity.
Top three things you will learn:
-How to start a vending machine business
-Choosing the best location for your vending machines
-How much you can make from vending machines
About Our Guest:
Michael Hoffmann's journey to passive income started while working a 60-hour week job that paid him only $1,200/month. He then began experimenting with short-term rentals and several other income streams. One of those income streams quickly became his favorite: vending machines. He now offers a course to teach others how to build passive income with vending machines.
Connect with Michael Hoffmann:
-Website - https://wealthwithoutwallstreet.com/vending
Join Our Next Inner Circle Live Event:
https://go.wealthwithoutwallstreet.com/inner-circle-live
Promo Code: PODCAST
Free IBCA or Financial Freedom Discovery Calls:
https://www.wealthwithoutwallstreet.com/freecall
IBC Webinar:
https://www.wealthwithoutwallstreet.com/ibc
Wealth Without Wall Street New Book:
https://go.wealthwithoutwallstreet.com/newbook
Apply to Join the Passive Income Mastermind:
https://wealthwithoutwallstreet.com/wwws-passive-income-mastermind
Join the Community:
https://wealthwithoutwallstreet.com/community
Turn Active Income Into Passive Income:
https://go.wealthwithoutwallstreet.com/pios
Take the Financial Freedom Analyzer:
https://wealthwithoutwallstreet.com/quiz
Discover Your Path to Financial Freedom:
https://wealthwithoutwallstreet.com/passport
Know Your Investor DNA:
https://go.wealthwithoutwallstreet.com/investordna
Invest with The Land Geek:
Invest with Your Friends and Family:
—
577 episodes
All episodes
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