Running your own business can be rewarding and profitable, and ultimately lead to a life of wealth and financial stability. It can also give you a sense of pride and fulfillment that is hard to get when you're working for someone else. Why wouldn't you want that? The only drawback to this is that starting your own business requires a lot of time, and a substantial amount of start up capital. If you don't have all the time in world or large amounts of cash reserves lying around, starting your own business may seem hard or impossible.
The key is that most businesses take a lot of time and money. Most businesses. Gumball machines, in addition to being an amazing feat of engineering, allow you to generate constant passive revenue, at a rate of twenty-one cents per sale. This is awesome, because gumball machines can be serviced in under an hour, and you can purchase a gumball machine for as little as seventy dollars. It's really crazy to learn of a business that you can get up and running for under one hundred dollars.
The basis of the plan is as follows: You purchase a cheaper gumball machine, and fill it with gumballs. Gumball cost four cents each, and it's completely accepted that gumballs are sold for a quarter. This means that every gumball your machine dispenses earns you twenty-one cents. These machines often carry four hundred at a time, and it's not crazy to sell twice that amount in gumballs every month.
This becomes really profitable when you realize that at cost, you can make one hundred sixty dollars a month, only working one hour (this is assuming it takes you less that thirty minutes to service the machine each time you go to refill it, which is a pretty safe bet).
This business model is also readily scalable. Because you'll make $168 the first month off of only one gumball machine, you can pay for a second vending machine and stock it full of gumballs for less than your profits from the first month. You can take the profits; invest them in another gumball machine, and double your profits for the coming month. You can follow your potential growth with the Fibonacci sequence.
Because every gumball machine allows you to buy another machine after one month, the growth is exponential. If you multiply these values by your profit per gumball machine, you can make exceptional revenue after several months.. This kind of growth is really stunning, and only requires minimal work on your part.
This is not a get rich quick scheme. If you know anything about business you know that these schemes generally end in disaster, and someone is generally profiting off of your failure. This kind of business plan does require work-finding places to set up your gumball machines can be really hard, but it is worth it.
The key is that most businesses take a lot of time and money. Most businesses. Gumball machines, in addition to being an amazing feat of engineering, allow you to generate constant passive revenue, at a rate of twenty-one cents per sale. This is awesome, because gumball machines can be serviced in under an hour, and you can purchase a gumball machine for as little as seventy dollars. It's really crazy to learn of a business that you can get up and running for under one hundred dollars.
The basis of the plan is as follows: You purchase a cheaper gumball machine, and fill it with gumballs. Gumball cost four cents each, and it's completely accepted that gumballs are sold for a quarter. This means that every gumball your machine dispenses earns you twenty-one cents. These machines often carry four hundred at a time, and it's not crazy to sell twice that amount in gumballs every month.
This becomes really profitable when you realize that at cost, you can make one hundred sixty dollars a month, only working one hour (this is assuming it takes you less that thirty minutes to service the machine each time you go to refill it, which is a pretty safe bet).
This business model is also readily scalable. Because you'll make $168 the first month off of only one gumball machine, you can pay for a second vending machine and stock it full of gumballs for less than your profits from the first month. You can take the profits; invest them in another gumball machine, and double your profits for the coming month. You can follow your potential growth with the Fibonacci sequence.
Because every gumball machine allows you to buy another machine after one month, the growth is exponential. If you multiply these values by your profit per gumball machine, you can make exceptional revenue after several months.. This kind of growth is really stunning, and only requires minimal work on your part.
This is not a get rich quick scheme. If you know anything about business you know that these schemes generally end in disaster, and someone is generally profiting off of your failure. This kind of business plan does require work-finding places to set up your gumball machines can be really hard, but it is worth it.
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Be sure to check out this article about how to purchase a business and this great resource on the history of gumball machines and each of these get my seal of approval.
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