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102: How To Start An AI-Driven Vending Machine Business For $700

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Manage episode 425522091 series 3558257
Content provided by Joan Posivy. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Joan Posivy or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Why did sales 3x when today’s guest swapped out an old-style vending machine with an AI-driven vending machine?

It’s just one of the insights Mike Hoffmann reveals about what you need to know to start and scale a profitable vending machine side hustle in today’s economy.

He’s grown his business from a single vending machine, to now having over 40.

In today’s episode you’ll discover;

  • the hallmarks of a profitable location so you know what to look for,
  • tips on pitching a location’s property manager or owner,
  • Mike’s insights on buying a machine: new vs used,
  • where to buy product and what to stock in your machines, and
  • recent AI-driven developments that are now disrupting the vending machine industry!

Do you like what you're hearing? Consider giving it a caffeinated thumbs up. We'd really appreciate it!

Need a little (and sometimes big) push to start and stay focused to grow your side hustle? Dive into my online Masterclass: How To Turn Your Thoughts Into Wanted Things.

For the full show notes head on over to the home of Side Hustle Hero. https://www.sidehustlehero.com/102

Connect with Mike:

Vendingpreneurs website

Connect with Joan:

Instagram

Facebook

About Joan

Be on the show!

Tell us about your side hustle success story!

  continue reading

104 episodes

Artwork
iconShare
 
Manage episode 425522091 series 3558257
Content provided by Joan Posivy. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Joan Posivy or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Why did sales 3x when today’s guest swapped out an old-style vending machine with an AI-driven vending machine?

It’s just one of the insights Mike Hoffmann reveals about what you need to know to start and scale a profitable vending machine side hustle in today’s economy.

He’s grown his business from a single vending machine, to now having over 40.

In today’s episode you’ll discover;

  • the hallmarks of a profitable location so you know what to look for,
  • tips on pitching a location’s property manager or owner,
  • Mike’s insights on buying a machine: new vs used,
  • where to buy product and what to stock in your machines, and
  • recent AI-driven developments that are now disrupting the vending machine industry!

Do you like what you're hearing? Consider giving it a caffeinated thumbs up. We'd really appreciate it!

Need a little (and sometimes big) push to start and stay focused to grow your side hustle? Dive into my online Masterclass: How To Turn Your Thoughts Into Wanted Things.

For the full show notes head on over to the home of Side Hustle Hero. https://www.sidehustlehero.com/102

Connect with Mike:

Vendingpreneurs website

Connect with Joan:

Instagram

Facebook

About Joan

Be on the show!

Tell us about your side hustle success story!

  continue reading

104 episodes

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