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Vending Mastery | Passive Income | Entrepreneurship

Vending Business | Passive Income | Entrepreneurship

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Vending Mastery Podcast 022

 

SHOW NOTES

 

I GIVE YOU A BEHIND THE SCENES LOOK AT MY VENDING BUSINESS. I INVESTED 32K TO LAUNCH A HEALTHY VENDING BUSINESS IN DALLAS. I’M YOUR TEST PILOT...AND I EQUIP YOU TO LAUNCH YOUR OWN VENDING BUSINESS SO YOU TOO CAN HAVE A RECURRING, PASSIVE REVENUE STREAM. IN THIS EPISODE...

    1. THREE THINGS TO CONSIDER BEFORE PLACING A MACHINE AT A LOCATION

 

  • Vending - are there other machines on site?
  • View - Is your machine in the place with the most eye balls?
  • Value - What are your prices/choices?
  • CTA---Vending mastery course is here! Start for free. Just go to vendingmastery.com/course

 

    1. Puzzler of the day: There was a one story house. Everything was pink. The wall was pink, the desk was pink, the stove was pink, the dog was pink, and even the floor was pink. What color were the stairs?

 

  • Quote

 

      1. Book Failing Forward by John Maxwell

 

  • Update on the biz

 

    1. What I like
      1. Getting much easier to set up
      2. Ordering products
      3. Parlevel VMS is awesome
      4. Starting to see more and more opportunities for passive income
    2. What I Don’t Like
      1. Setting up a new machine and the card reader fails
      2. Getting Monster drink sprayed all over me
      3. Placing machines that get pathetic sales
  1. IN THE NEXT EPISODE: I interview someone with over 400 ATM machines! Hear his story and how to launch your own ATM vending business.
  2. Get involved!
    1. Learn how to launch your vending business at www.vendingmastery.com/course
    2. Join convo on Facebook
    3. Check out Youtube videos
    4. ===>> Please Rate and review on iTunes <<===

 

www.vendingmastery.com

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Vending Mastery Online Course is here!

 

I GIVE YOU A BEHIND THE SCENES LOOK AT MY VENDING BUSINESS. I INVESTED 32K TO LAUNCH A HEALTHY VENDING BUSINESS IN DALLAS. I’M YOUR TEST PILOT...AND I EQUIP YOU TO LAUNCH YOUR OWN VENDING BUSINESS SO YOU TOO CAN HAVE A RECURRING, PASSIVE REVENUE STREAM. IN THIS EPISODE...

    1. The Vending Mastery Online Course is here! - and why you should check it out

 

  • CTA---Be sure to download***12 Things I wish I knew before getting into this business!

 

    1. Last Episode - I mentioned the course was coming...
    2. Cheesy joke of the day: Where do you learn to make ice cream? Sunday School!

 

  • Quote

 

      1. Seek first to understand, then be understood: 7 Habits of Highly Effective People.
      2. Get your FREE Audiobook with Audible by clicking here: audibletrial.com/vendingmastery

 

  • Update on the biz

 

    1. Things I like:
      1. Interstate Batteries said yes - going to move machine in next week
      2. I’m very interested in micro markets
      3. I’m super excited to equip you via the online course
    2. Things I don’t like:
      1. The first machine I placed is doing terribly
      2. The Ritz Carlton is not going that great
      3. Average sales of a vending machine nation wide are $300 per month
    3. Join convo on Facebook
    4. Check out Youtube videos
    5. ===>> Please Rate and review on iTunes <<===

 

www.vendingmastery.com/course

 

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FREE AUDIO BOOK! Get your free audio book with a free trial of Audible. In this episode I quoted from The 7 Habits of Highly Effective People by Stephen R. Covey. Click here to grab your free audio book now through Audible! (Or another audio book you would like better )

 

===>> VENDING MASTERY COURSE WILL BE AVAILABLE THIS SUNDAY! <<===

 

Learn More at my website

www.vendingmastery.com

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HOW TO MASTERY BULK CANDY VENDING MACHINES

with BRYAN LA RUE

SHOW NOTES:

 

Bryan's Channels

FREE AUDIO BOOK! Get your free audio book with a free trial of Audible. We talked about David and Goliath by Malcom Gladwell. Click here to grab your free version of David and Goliath Now! (Or another audio book you would like better )

 

Learn More at my website

www.vendingmastery.com

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Check out Parlevel here: http://www.parlevelsystems.com/vending-mastery/

Like what you heard? Subscribe and Review the podcast here on iTunes.

===>> Check Out Top Vending Machine Resources By Clicking Here <<<==

FREE AUDIO BOOK! Get your free audio book with a free trial of Audible. I love David and Goliath by Malcom Gladwell. Click here to grab your free version of David and Goliath Now! (Or another audio book you would like better)

 

Learn More at my website

www.vendingmastery.com

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Vending Mastery Podcast 017

 

SHOW NOTES

 

I GIVE YOU A BEHIND THE SCENES LOOK AT MY VENDING BUSINESS. I INVESTED 32K TO LAUNCH A HEALTHY VENDING BUSINESS IN DALLAS. I’M YOUR TEST PILOT...AND I EQUIP YOU TO LAUNCH YOUR OWN VENDING BUSINESS SO YOU TOO CAN HAVE A RECURRING, PASSIVE REVENUE STREAM. IN THIS EPISODE...

    1. How to market your business online.
      1. Ritz Carlton said yes but nothing signed yet.

 

  • CTA---Be sure to download***12 Things I wish I knew before getting into this business!

 

    1. Last Episode - The biggest challenge is getting locations - visit vendingmastery.com/placement to learn about killer location services.
    2. Cheesy joke of the day: What does an annoying pepper do? It gets jalapeno face.

 

  • Quote

 

      1. Book Failing Forward by John Maxwell

 

  • Update on the biz

 

      1. GOING WELL: Looks like I will get Ritz Carlton!!! They called me. ***To have a killer website that gets customers calling you contact me now!
      2. Moved machine and sales doubled!
      3. Still in talks with Interstate Batteries
      4. Cash flow- increasing!
    1. GOAL - 10-15 machines @ $500 = $7,500
    2. In the next episode: What you need to know about Micro Markets! And the guys from Yoke payments.

 

  • Get involved!
  • Online course coming!

 

      1. Join convo on Facebook
      2. Check out Youtube videos

 

  • ===>> Please Rate and review on iTunes <<===

 

 

www.vendingmastery.com

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Vending Mastery Podcast 016

 

SHOW NOTES

 

I GIVE YOU A BEHIND THE SCENES LOOK AT MY VENDING BUSINESS. I INVESTED 32K TO LAUNCH A HEALTHY VENDING BUSINESS IN DALLAS. I’M YOUR TEST PILOT...AND I EQUIP YOU TO LAUNCH YOUR OWN VENDING BUSINESS SO YOU TOO CAN HAVE A RECURRING, PASSIVE REVENUE STREAM. IN THIS EPISODE...

    1. LOST A LOCATION AND GAINED A LOCATION IN ONE WEEK!

 

  • CTA---Be sure to download***12 Things I wish I knew before getting into this business!

 

    1. Last Episode - The biggest challenge is getting locations - visit vendingmastery.com/placement to learn about killer location services.
    2. Cheesy joke of the day: I hate jokes about German sausages. They’re the worst.

 

  • Quote

 

      1. Book Failing Forward by John Maxwell

 

  • Update on the biz

 

    1. GOING WELL: Looks like I will get Ritz Carlton!!! They called me. PS if you want a vending website make sure you can do SEO!
    2. Moved machine and sales doubled!
    3. Still in talks with Interstate Batteries
    4. Cash flow- increasing!
  1. GOAL - 10-15 machines @ $500 = $7,500
  2. In the next episode we will talk in depth about how my location services are going and much more
  3. Get involved!
    1. Online course coming!
    2. Join convo on Facebook
    3. Check out Youtube videos
    4. ===>> Please Rate and review on iTunes <<===

 

www.vendingmastery.com

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SHOW NOTES

Vending Mastery Podcast 015

 

I GIVE YOU A BEHIND THE SCENES LOOK AT MY VENDING BUSINESS. I INVESTED 32K TO LAUNCH A HEALTHY VENDING BUSINESS IN DALLAS. I’M YOUR TEST PILOT...AND I EQUIP YOU TO LAUNCH YOUR OWN VENDING BUSINESS SO YOU TOO CAN HAVE A RECURRING, PASSIVE REVENUE STREAM. IN THIS EPISODE...

    1. NEW LOCATION SECURED IN ONE DAY!

 

  • Be sure to download***12 Things I wish I knew before getting into this business!

 

    1. Last Episode - The biggest challenge is getting locations
    2. Cheesy joke of the day: I knew I shouldn’t have had the seafood. I’m feeling a little eel.

 

  • Quote

 

      1. Book Failing Forward by John Maxwell

 

  • Update on the biz

 

    1. TRYING LOCATION SERVICES from Quality Vending Locations http://www.qualityvendinglocations.com/vending-machine-locations/
    2. Going to move first machine I placed this week. Going to drop off some freebies also
    3. Still in talks with Interstate Batteries
    4. Cash flow- Nil
    5. Expenses- not much - except paying a locator..
  1. GOAL - 10-15 machines @ $500 = $7,500
  2. In the next episode we will talk in depth about how my location services are going and much more
  3. Get involved!
    1. Online course coming!
    2. Join convo on Facebook
    3. Check out Youtube videos
    4. Rate and review on iTunes

 

www.vendingmastery.com

00:0000:00

SHOW NOTES

Vending Mastery Podcast 014

 

I GIVE YOU A BEHIND THE SCENES LOOK AT MY VENDING BUSINESS. I INVESTED 32K TO LAUNCH A HEALTHY VENDING BUSINESS IN DALLAS. I’M YOUR TEST PILOT...AND I EQUIP YOU TO LAUNCH YOUR OWN VENDING BUSINESS SO YOU TOO CAN HAVE A RECURRING, PASSIVE REVENUE STREAM. IN THIS EPISODE...

    1. What I wish someone had told me about getting locations!

 

  • CTA---Be sure to download***12 Things I wish I knew before getting into this business!

 

    1. Last Episode - “Two options for starting your own vending business...
    2. Cheesy joke of the day: What do you call a fake noodle? An Impasta.

 

  • Quote

 

      1. Book Failing Forward by John Maxwell

 

  • Update on the biz

 

    1. TRYING LOCATION SERVICES from Quality Vending Locations http://www.qualityvendinglocations.com/vending-machine-locations/
    2. Going to move first machine I placed this week. Going to drop off some freebies also
    3. Still in talks with Interstate Batteries
    4. Cash flow- Nil
    5. Expenses- not much
  1. GOAL - 10-15 machines @ $500 = $7,500
  2. In the next episode we will talk in depth about how my location services are going and much more
  3. Get involved!
    1. Online course coming!
    2. Join convo on Facebook
    3. Check out Youtube videos
    4. Rate and review on iTunes

 

www.vendingmastery.com

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  1. What is the weight and size of your machine?
  2. Is your machine Made in the USA? If so are you willing to provide me with a country of origin letter from the actual manufacturer stating this?
  3. Does your machine meet the industry standard as a “Glass Front” Vendor?
  4. Is your machine equipped with Low-E triple pane argon filled glass?
  5. Does your machine have an Adjustable Zone Temperature control?
  6. Is the snack area of your machine chilled or ambient temperature for products that can melt?
  7. Is your machine Energy Star Rated? Can you provide documentation confirming it meets Energy Star 3.0?
  8. Is your machine NAMA Listed?
  9. Are there any executive members of your factory on the NAMA Board of Directors?
  10. Is your machine CSA Approved?
  11. Are you a Licensed Distributor of your factory?
  12. Are there other Distributors of your machine in the United States?
  13. Does your machine have programmable Health and Safety settings by range and row for perishable items including yogurts, smoothies, milk, etc?
  14. Does your machine have the ability of vending healthy products such as sandwiches, salads, fresh fruit, yogurts smoothies and other fresh products?
  15. Does your machine have energy efficient LED lighting?
  16. Does your machine have single and dual coil options?
  17. Can your machine and coils be reconfigured for different product sizes including Entrée items? If so in what ways? Can it be reconfigured in the field?
  18. Does your machine have a barrier tray that can be moved to adjust temperature zones?
  19. How many KWH per day does your machine use?
  20. What is the standard and total product capacity of your machine?
  21. How many different drink selections can be vended from your machine? to cans and bottles?
  22. Does your machine have a high capacity can tray option to increase drink variety and capacity?
  23. Does your machine have a programmable timer option for locations that require it?
  24. Does your machine have the ability to offer time of day discounts?
  25. Does your machine have free-vend and combo vend modes?
  26. What brand of coin mechanisms and bill validators do you install in your machines?
  27. Does your machine have an optional touch and swipe 7 inch full color LCD screen?
  28. Does your machine have an optional LCD screen that displays product nutritional information?
  29. What Telemetry/Credit Card options do your machine come with to provide debit/credit card ability and wireless reporting? What are the costs associated with this telemetry?
  30. What type of vending route management software do you provide and what are the costs associated with it? Is it a cloud-based system?
  31. Is your machine ADA Compliant?
  32. Does your machine have a lighted keypad display Braille identification?
  33. What is the cost of your machine? What does the cost include?
  34. Are your machines shipped and installed directly into the secured vending location or to my garage or warehouse?
  35. How many different machine types do you offer? Are there Coffee, Frozen Food, Snack Only, Drink Only, Fresh-Food and Micro Market options?
  36. Do you offer an “Outdoor” version of your machine.
  37. Has your company only been in the Healthy Vending industry or are you part of a vending group that has sold machines designed for junk food?
  38. How long is the Warranty on your machine and can your provide documentation of your warranty prior to purchase?
  39. Do you offer a Full Service Warranty?
  40. Does your Warranty cover 100% of the parts during its time period?
  41. Do you have any Franchise Fees/Royalty Fees or additional Fees and if so what are the amounts?
  42. Do you provide exclusive territories or do you offer a first right of refusal to your operators?
  43. Does your company have buying arrangements with National Product Distributors? Do your operators get bulk buying discounts and at what amounts?
  44. Am I required to purchase product through you or can I purchase at the lowest possible cost for outside sources?
  45. Does your machine have infrared product “Guaranteed Vend” technology?
  46. How many years has your Machine Manufacturer been in business?
  47. How many Service Entities does your machine manufacturer have in the United States?
  48. Has your company or any predecessor company been fined by a State agency? If so which ones and why?
  49. Has your company had any charges brought against it by the FTC or a State agency?
  50. Can you provide me with your agreement for review?
  51. Do you pay Operators to provide reviews or references for you?
  52. Does your company provide Factory financing?
  53. Does your company provide Factory Direct Pricing on Equipment?
  54. Is training included in the cost of your machine and is training completed in person at your facility, through a webinar or through a training CD?
  55. Is there a cost associated with training?
  56. Do you provide white glove delivery and installation of the machines into the secured vending location at no additional cost?
  57. What type of marketing material do you provide to your operators and what is the associated cost?
  58. Do you provide shirts and business cards to brand my business?
  59. Do you have a full time nutritional expert on staff to provide product sourcing, training and advice on nutritional planograms?
  60. Do you have a full time Operations Manager to provide technical support or do you only offer technical support through the machine manufacturer?
  61. How many actual Healthy Vending Operators do you have in the United States not counting the traditional junk food machines you have sold?
  62. Do you own and operate healthy vending machines yourselves?
  63. Can I visit your factory prior to purchase?
  64. Can I come visit your company prior to purchase?
  65. Do you have a dedicated In House Locations team or do you utilize outsourced third party location service companies?
  66. What % of your machines has your company placed in Public and Private Schools in the United States?
  67. What are the top 5 location types that your machines are typically located in?
  68. Do you have a minimum daily foot traffic qualifier of 125+ for you location procurement services.
  69. Will you provide me with a list of the last 100 Locations secured as a comparison?
  70. Do you provide a dedicated Location Account Manager to manage my account?
  71. Do you provide a Site Survey prior to purchase in order to gain a broader picture of the territory?
  72. How many Healthy Vending machines has your company placed in the United States?
  73. Are you an International Healthy Vending company or do you just service the United States?
  74. If you provide services outside of the United States can you please explain the process?
  75. What is the cost for location procurement from your company or third party service?

 

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