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.
Gumball machines are a great solution to this problem. Think about it: gumball machines can produce a steady profit if you fill them with gumballs that cost less than a quarter each, and you only have to refill them once in a while. They can truly become a source of passive income for you. One of the best things about gumball machines is that they are cheap. You can purchase a quality gumball machine for only fifty 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.
If you do the math, with a single gumball machine selling eight-hundred gumballs every month, you have the opportunity to make one hundred sixty-eight a month. One of the great things about the gumball machine business model is that it requires so little effort and work-hours. Refilling the machine could take as little as ten minutes depending upon how far away from your house you place it, and even if it takes you three times that, if you do this twice a month, you're only working an hour a month.
Another big bonus: you can always grow your business. One hundred sixty dollars a month sounds great, but how about over two thousand dollars a month? Because the profits you make from one month can easily cover the cost of the next machine, for every gumball machine you operate, you can place a new machine every month. This roughly follows 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.
Gumball machines are a great solution to this problem. Think about it: gumball machines can produce a steady profit if you fill them with gumballs that cost less than a quarter each, and you only have to refill them once in a while. They can truly become a source of passive income for you. One of the best things about gumball machines is that they are cheap. You can purchase a quality gumball machine for only fifty 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.
If you do the math, with a single gumball machine selling eight-hundred gumballs every month, you have the opportunity to make one hundred sixty-eight a month. One of the great things about the gumball machine business model is that it requires so little effort and work-hours. Refilling the machine could take as little as ten minutes depending upon how far away from your house you place it, and even if it takes you three times that, if you do this twice a month, you're only working an hour a month.
Another big bonus: you can always grow your business. One hundred sixty dollars a month sounds great, but how about over two thousand dollars a month? Because the profits you make from one month can easily cover the cost of the next machine, for every gumball machine you operate, you can place a new machine every month. This roughly follows 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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Here are links to a fantastic resources that explains franchises and gumball machines and this great resource on the history of gumballs themselves both created quality sources.
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