The biggest vending mistakes are usually made by starting out the wrong way.
Here's the WRONG way to start. Answer an ad in a business opportunity magazine, watch a glossy video tape or attend a vending business opportunity seminar. Listen to a slick salespersons hype about making money while golfing and sleeping. Be complimented that the business opportunity guys have chosen you for a limited "marketing territory". Gladly overpay too much money for a few average vending machines without doing any sort of comparison shopping. Go into big debt before learning anything about actually operating a vending machine business. Take every word the vending business opportunity salesperson says as gospel and don't question anything. Get VERY disappointed in a few weeks and desperately try to sell your machines to cut your losses. Tell everyone you know that there is no money in the vending business.
Unfortunately, this is usually a fatal error that new vendors make.
However, if you can do some research, find out what the vending seminars aren't telling you. Buy some vending machines for very little money and slowly build your business.
We started out the wrong way. If we only knew then what we know now we could have become even more profitable quicker. We learned how to start a vending business long after we were in it. Learn the business. Learn from others vending mistakes. Start small and grow.
Hopefully you won't have to repeat our vending mistakes.
If you would like to learn more about the vending business before you invest your hard earned money in vending machines I suggest you read a FREE report I have written entitled "Vending's Dirty Little Secret". To find out some information most vending machines salespeople don't want you to know click here to get the FREE report!
If you would like to read more about how Patti and I started off completely the wrong way and still built a profitable vending company click here
- Rob Farnham (author of "Small Change, Vending Insider Secrets Revealed")
An actual owner/operator of a full line, full time vending business for many years!
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Readers Comments
Dear Sir,
I bought your ebook and after reading it there is only
one thing to say "UNCLE you are a trure enterprneur".
I congratulate you for writing this ebook because
only handful of people in this world are willing to
share with others what they were given.
Thank you very much for your advise.
Best regards,
Nader
..(email on file)
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Read More Readers Comments
Do you know the 3 Magic Questions to ask a "vending bizop salesperson" to find out whether they know what they're talking about?
Do you know why it is so hard to find REAL information
about the vending industry?
Would you like to know a simple way to start a vending business with very little or no money (maybe even FREE machines)?
To receive your FREE REPORT Vending's Dirty Little Secret click here..
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Today's Vending Business Tip
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Two Birds With One Stone!
Try to find people who can approve multiple locations when trying to place machines. Property management companies might respresent many apartment complexes. Some business owners have multiple locations. With one "yes" you can secure multiple profit centers.
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