Why I QUIT My VENDING MACHINE BUSINESS and PROS and CONS

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Reyes The Entrepreneur

Reyes The Entrepreneur

Күн бұрын

1) $85 gumball machines here:
www.gumball-ma...
2) Get your vending machine dolly here amzn.to/3nf4XVq
3) Show The Young Entrepreneur some love here: / legojcreator321
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******************************DIFFERENT WAYS I’VE MADE MONEY***********************************
1). CHARGING SCOOTERS: • How much we made CHARG...
2). CAR DETAILING: • How Much A Mobile Car ...
3). BOUNCE HOUSES: • MADE $685 IN ONE DAY R...
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Email for business inquiries: Reyestheentrepreneur@yahoo.com ------------------------
Check out the other hustles I've tried
🍬 Candy and Vending Machines - • Vending machine business
📦 Liquidation Pallets - • Liquidation Pallets
🧼 Detailing Business Ride Alongs - • Detailing Business
🚕 Delivery Gigs - • Delivery App Hustles
💰 Different Types Of Hustles Ride Alongs - • Different ways of maki...
👕 Growing A Decal/Shirt business - • Growing my shirt/decal...
Start Your Own Custom Shirt Business Tips - • Start a shirt/decal bu...
🖨️ Direct To Garment Printer series - • DTG CUSTOM SHIRT SERIES
📈 Investing In Stocks - • How Much I Made Invest...
🚚 Ebay Hustle - • Growing my ebay business
🏠 Being Homeless For 3 Months - • Being Homeless for 3 m...

Пікірлер: 695
@ReyesTheEntrepreneur
@ReyesTheEntrepreneur 4 жыл бұрын
Go show love to The Young Entrepreneur here kzbin.info
@Just_TYE
@Just_TYE 4 жыл бұрын
I appreciate it bro
@ReyesTheEntrepreneur
@ReyesTheEntrepreneur 4 жыл бұрын
@@Just_TYE thanks for always showing love
@LetsTalkAboutIt2022
@LetsTalkAboutIt2022 4 жыл бұрын
I will sub to your buddies channel... I am trying to do the same so I know the struggle. But showing support is free so why not support as many people as we can...
@jackmeow8842
@jackmeow8842 4 жыл бұрын
The thing with vending machines is you have to look at it as an investment not a quick money maker. You need to very selective with your locations pick places you go to anyway. Think about the money spent as money put into a bank. But you own the bank and have to care for your investment a few hours each year.
@UniversolTV
@UniversolTV 4 жыл бұрын
I look up to you Reyes! Im naming my baby boy Rey!
@reviewsjustcuz1437
@reviewsjustcuz1437 2 жыл бұрын
If youre going to get into vending, do full line drink and snack. Secure a location, then buy a machine or 2, refurbished from a company. Not the public. The company will deliver to your location and give you information on maintenance and setup. Location is what matters. You want 24 hour companies with 100-300 employees. Make sure your machines have CC readers. It increases sales. Know how to do your own repairs. Stick with 1-2 brands of machines for drink/snack or combo. If you got to do repairs, you'll know how. If there's any jams or anything else, you'll have the know how.
@buckadillafilms
@buckadillafilms 2 жыл бұрын
Better advice than this whole video. Thank you for sharing
@reviewsjustcuz1437
@reviewsjustcuz1437 2 жыл бұрын
@@buckadillafilms also, one of the city buildings have all the info on up and coming businesses in your area. If you call them. It's public information. You can contact those companies and try to land a contract before they open.
@buckadillafilms
@buckadillafilms 2 жыл бұрын
@@reviewsjustcuz1437 That's a seriously good. tip. Thank you again!
@ultimatebuckeye
@ultimatebuckeye Жыл бұрын
high schools as well are the best locations imo.
@williamdunlop8191
@williamdunlop8191 Жыл бұрын
Agree. However, I have been in the vending business for 20 years. In So Cal getting those plus employee locations 24/7 are the holy grail . Good luck It is like hitting the lottery . I had a few and Coca Cola and Crane stole them from me with bribes It can be a nasty business Trust NO ONE
@lybou4819
@lybou4819 4 жыл бұрын
This dude said OnlyFans didn’t exist back then. Loooool.
@jossa942
@jossa942 4 жыл бұрын
I know right
@shootmovecommunicate3322
@shootmovecommunicate3322 3 жыл бұрын
🤣🤣
@ProfeFut
@ProfeFut 3 жыл бұрын
That shit had me dying
@yairbustos2080
@yairbustos2080 4 жыл бұрын
Reyes quit because he started making that KZbin money .
@wileecoyote5749
@wileecoyote5749 4 жыл бұрын
He gets $500 for every 13 views
@yaboiavery5986
@yaboiavery5986 4 жыл бұрын
@@wileecoyote5749 if thats correct he made 2 million from this video, stop spreading false info.
@blackwaltz3135
@blackwaltz3135 3 жыл бұрын
he made a video about this, he makes about 5$ every 1000 views
@yaboiavery5986
@yaboiavery5986 3 жыл бұрын
@@blackwaltz3135 which is still above average cpm
@melvinyoungboyz7734
@melvinyoungboyz7734 3 жыл бұрын
@@wileecoyote5749 ok stupid
@ivend4ujeremy259
@ivend4ujeremy259 3 жыл бұрын
That was the funniest phrase... "Maybe you could pass it on to your kids, so they can hate life!" 🤣🤣🤣🤣😂😂😂
@qxpn9220
@qxpn9220 3 жыл бұрын
😂😂😱😱😇😇
@FamousAnimes
@FamousAnimes 3 жыл бұрын
IA was brushing my teeth and he said this... Spit it all out lol
@christianmoreno974
@christianmoreno974 3 жыл бұрын
Im dead lol 😂 great quote
@kal-elthelast8834
@kal-elthelast8834 3 жыл бұрын
😅 Smh
@johnstewart4209
@johnstewart4209 3 жыл бұрын
It was sooo funny
@johnnyfuture3524
@johnnyfuture3524 2 жыл бұрын
One of the worst things is when a business calls you and tells you to remove your machine TODAY
@tommyboy1986
@tommyboy1986 Жыл бұрын
thats why you have them sign a contract in the beginning that states you have 2 weeks or 30 days or something to remove the machine if the business request it to be removed.
@blackiechan6049
@blackiechan6049 3 жыл бұрын
The same people calling you out for quitting are the people that will never buy their first machine
@john-xh3ut
@john-xh3ut 2 жыл бұрын
Facts
@YaBoiAlex
@YaBoiAlex 4 ай бұрын
currently calling him out and currently have a vending machine business with machines, so i guess whatever bs you just spewed up is out of the window
@justingraham2109
@justingraham2109 4 жыл бұрын
I'm tired of people saying that locations is hard to find! When starting a vending business make sure you go ahead and have contracts wrote up that you and that location sign say 3 month contracts and you pay the person like $50+ depending on vending machine that your using. This means the person will only get $50 plus in a month you will probably not make money but the next 2 months is profitable. But hey got to be smart with a business. Cause a business is about making profit not going broke.
@combatcarl
@combatcarl 4 жыл бұрын
Contracts are risky for the vendor as well, if you set up shop in a bad location youre pretty much stuck taking the loss until the contract is up.
@GeorgiaMade404
@GeorgiaMade404 3 жыл бұрын
How many machines do you have?🤔
@jaimeibanezz
@jaimeibanezz 4 жыл бұрын
😭😭
@TheTjw89
@TheTjw89 4 жыл бұрын
****second
@WanderingVeteran
@WanderingVeteran 4 жыл бұрын
I know right...
@henrycollins2478
@henrycollins2478 4 жыл бұрын
Hi jaime love you man
@amannambiar3079
@amannambiar3079 4 жыл бұрын
Oh man Jamie
@ChromeVending
@ChromeVending 4 жыл бұрын
Yeah bro! I miss watching Reyes' vending videos!
@Longtermgains
@Longtermgains 4 жыл бұрын
If you have the money to start one with good locations I definitely recommend! I work for a guy that owns 150 machines and it's well worth it!
@kenlawdhammercy5804
@kenlawdhammercy5804 2 жыл бұрын
150 machines is no longer passive that’s a full time job to manage
@amt-tyn-teen3669
@amt-tyn-teen3669 2 жыл бұрын
@@kenlawdhammercy5804 If you are talking Full Line Yes. If you are talking Bulk - NO! Shelf life for bubblegum is 2 - 3 months. Once the machines are placed you are servicing - cleaning the machines, checking for ants, making sure the machines aren't facing sunlight, building good customer relations. You have a route and make your route work whereby you check on your machines every 15 days. Some people do every 30. I like 15 because if you have a bad machine, you find out about it in two weeks and rectify as oppose to 4 weeks. Another thing is you invest in solid machines like Beaver. Cheap machines will cause you to work harder, not smarter. Experiment with pricing. I might charge a dime for my products depending on the location. I once had a bulk dime machine at a dry cleaners just for employees and it cleaned up.
@edgarmontano473
@edgarmontano473 2 жыл бұрын
Just sounds like a complainer giving all the reasons of “why I don’t want to work”
@gregkareem9824
@gregkareem9824 2 жыл бұрын
How much profit he makes? Lying bro
@Byteable
@Byteable 2 жыл бұрын
@@edgarmontano473 not complaining. The point of having a vending machine business is to have semi-passive income while focusing on other bigger business
@2die4tv
@2die4tv 2 жыл бұрын
He quit cuz he was eating most of the supplies
@victormendoza7938
@victormendoza7938 4 жыл бұрын
I think vending machines are a win win. IF you have the right locations and proper retailers. Get those 2 things straight and you can't lose. It's not a get rich quick business, but the profit is there.
@Jooffee
@Jooffee 2 жыл бұрын
I would not trust the civilized people to treat the machines fairly with respect
@msmaria5039
@msmaria5039 2 жыл бұрын
Yeah, locations first then get the machine.
@polls.
@polls. Жыл бұрын
I live in the 4th fastest developing county in America and a twenty minute drive from the largest city in Florida as well as having relatives close to the beach-side part of the city and a fifteen minute drive from the oldest continually inhabited city in the nation so I gotta try this.
@richardvotla
@richardvotla Жыл бұрын
It is the best way to start big business without any loans
@ChromeVending
@ChromeVending 4 жыл бұрын
... gaining weight from all the products I ate! 🤣 🤣🤣💯
@shanemiller4450
@shanemiller4450 2 жыл бұрын
You’re not married to the location move the machines.
@camyrocks123
@camyrocks123 4 жыл бұрын
The vending machines is what introduced me to your channel, crazy its been 2 years!
@Raineytoolitt
@Raineytoolitt 3 жыл бұрын
Same bro he really inspirational
@thisguy4614
@thisguy4614 3 жыл бұрын
Yep. He keeps me motivated. Inspirational guy since the moment I saw him living out of his car!
@JohnSmith-er7dw
@JohnSmith-er7dw 3 жыл бұрын
@@thisguy4614 living out his car???
@thisguy4614
@thisguy4614 3 жыл бұрын
@@JohnSmith-er7dw kzbin.info/www/bejne/rKHJiWOulrmid7c yeah man. He made several videos about it. He still references it sometimes. Anybody able to make it through that kind of struggle and keep going with optimism is pretty inspirational.
@davontravier
@davontravier 3 жыл бұрын
Fr
@ufoproductions6089
@ufoproductions6089 4 жыл бұрын
Like many we found Reyes because of the vending machines. Here is to many more hustles!
@ReyesTheEntrepreneur
@ReyesTheEntrepreneur 4 жыл бұрын
Appreciate you for understanding my decisions ❤️
@Maverick911011
@Maverick911011 4 жыл бұрын
Well that's your decision man. I'm not going to stop growing my business until I make bank. There are pros and cons to any venture, but there is money there if you try hard. Well I wish you luck on future ventures.
@Qbdoesit24
@Qbdoesit24 3 жыл бұрын
🙏🏾
@djocharablaikan8601
@djocharablaikan8601 Жыл бұрын
Respect bro
@Heyethann
@Heyethann Жыл бұрын
respect
@dndavis7403
@dndavis7403 Жыл бұрын
Amen
@ii7990
@ii7990 4 жыл бұрын
There's nothing better than honest information. It saves people years of their life.
@discoveringme941
@discoveringme941 3 жыл бұрын
Vending machines are going to have Bitcoin one day
@sonyacorrea6926
@sonyacorrea6926 3 жыл бұрын
They already have them. A couple years ago I seen one in a 7-11 and thought it was pretty cool.
@anooshkhanyounuskhan1718
@anooshkhanyounuskhan1718 4 жыл бұрын
Vending machine business is competitive. You have to be at the top of your game. Their is a lot of money to be made but you have to go big or go home.
@Marilynefc
@Marilynefc 3 жыл бұрын
“Pass down on your kids so they can hate life” 😂😂😂BRUH I CANT WITH YOU
@paulthomas5901
@paulthomas5901 4 жыл бұрын
I don't know anything about the vending machine biz but I do know this video has some very valuable lessons that could translate to any other business. I'm actually glad to see someone put so much effort into something (even if they found it wasn't the right fit for them) instead of doubling down on something that was making them miserable. The modern entrepreneurship glamorizing of "the grind" makes people feel too ashamed of just walking away and trying to find something that's a better fit for them. Keep doing you, Reyes!
@matthewrussell1299
@matthewrussell1299 2 жыл бұрын
A hair salon? An auto store? It's no mystery why he made so little with the gumball machines. Seek out high-traffic locations that children frequently visit.
@tianmulye6963
@tianmulye6963 4 жыл бұрын
REYES IS SO TRANSPARENT AND GIVING OUT SO KUCH VALUE MUCH LOVE FROM MALAYSIA 🇲🇾 THANK YOU BROTHER REYES
@Shadow0fd3ath24
@Shadow0fd3ath24 2 жыл бұрын
sounds like you just had horrible locations and made silly choices on machines without checking them fully
@TomTheCat.
@TomTheCat. 4 жыл бұрын
I used to work at this local auto shop and there was this candy machine that the workers would flip the machine over and shake it until candy fell out of it. I felt bad for the guy because he wasn’t making any money out of it. I hoped he moved it away from there. Just gets to show what people would do to your machine when your are not there and also why I’m skeptical about running a vending machine business.
@allantait7053
@allantait7053 2 жыл бұрын
I know someone who bolted it to the wall with to by four
@deefuze1151
@deefuze1151 2 жыл бұрын
That's actually not possible to tip it over and get candy that way, because of the way it's designed, (trust me I have one). There's only 2 ways to get candy from the turnstile machines, through the base that has a failsafe that won't open unless money is inserted which allows the crank to turn and drop a small amount of candy. The other way is to have the key to open the top lid where you fill it. Of course the third way is to smash it with a hammer. But it's literally impossible to get candy by turning it upside down. The best you would get is candy dust or crumbs if even that because again, the internal mechanism is completely closed unless money is inserted. It's literally impossible. Do you think they'd engineer something complicated enough to recognize you put enough quarters in to free the crank spring to allow you to turn it and allow just a small amount of candy, and yet not think about how to keep someone from flipping it over and stealing candy? Come on man, I call b.s.
@stevesalvant80
@stevesalvant80 2 жыл бұрын
The best way of running the machine is to refurbish and sell them
@jayc4715
@jayc4715 2 жыл бұрын
@@deefuze1151 it's ez..you just rock it back n forth..
@imnitguy
@imnitguy Жыл бұрын
@@deefuze1151 That does not stop the 13% from trying however..
@AlbertCitron
@AlbertCitron 4 жыл бұрын
Bro you bought em used without having locations first that's the issue. Thanks for the VALUE! Appreciate your content.
@Howdylyrics
@Howdylyrics 3 жыл бұрын
A smart thing you could have done was buy the pallet mover thing for 300$-1000$ then after your done using it rent it out to people for a day at a low price so it sounds like a good deal to them so they won’t have to buy one and just continue to rent it out
@TheViewer01
@TheViewer01 2 жыл бұрын
I have 20 grand to start a snack/beverage vending machine business. I know you have to be in it for the long run before you start turning in profits. You need to have good high traffic locations with more than 100 employees in them. I know you need a lot of vending machines out there too. (34-68 machines) You need to invest in the newer updated vending machines too. It helps out a lot with inventory and sales. I know you need a Van, heavy duty moving equipment and a trailer. Also, you’ll need a storage garage. I know the machines break down sometimes and you need training to fix it or you pay a technician to fix it for you. I’m not being mean but the cons you mentioned are expected. I feel like you gave up too easily. There are others out there who pushed through the 3-6 year grind and they are seeing the profits now. Just like any business: You do not pay yourself until you have grown your business to a good size and paid your debts off.
@jakesmith-bs4jd
@jakesmith-bs4jd 7 ай бұрын
How’s it going?
@n.g.1577
@n.g.1577 20 күн бұрын
@@jakesmith-bs4jd Only a philosophy.
@JessicaHicks
@JessicaHicks 4 жыл бұрын
I’ve been thinking of trying this. Thanks for providing your summary on your experience!
@AngryBananas
@AngryBananas 4 жыл бұрын
The saga has finally ended R.I.P vending machines
@JDB-ru4lp
@JDB-ru4lp 4 жыл бұрын
This guy, the saga has ended lol hilarious
@Heytothazeuss
@Heytothazeuss 2 жыл бұрын
I cant even take this video serious cause you clearly did not research before jumping in. I'm far from an expert, shoot I not even in the business but personally I would have done things in reverse; started scouting locations and establishing relationships so that I have locations in advance to buying the machine. At the end of the day the machine will be there the locations is the challenge. Take it slow brother in your next venture. Start with reading and research and approach your next dream with calculated moves.
@andrewshevchuk2062
@andrewshevchuk2062 4 жыл бұрын
I feel like you need to have a couple of homerun locations, like schools or big companies. Places where you make a lot of easy money. Then I'd do all the smaller locations ( not a homerun hit but more of a single or double). If you have several profitable locations, you can hire someone part time to service the route. Not worth hiring people if you are making 20-30 bucks a month on a location. A Business is a formula, that you can remove yourself, plug in an employee to run it, and be successful and profitable.
@Kai-rs9po
@Kai-rs9po 4 жыл бұрын
Yessirr💯🔥🍞
@justincaldero5174
@justincaldero5174 2 жыл бұрын
You have to have to be generating atleast $100,000 in revenue to justify paying somebody to run your route for you, especially at 20-30$ per hour lol Then you have to go through the hiring process and keep close eyes on them. Not to mention the insurances you would have to provide. Definitely not "a few profitable locations"
@ultimatematty
@ultimatematty 2 жыл бұрын
You'll have to put wifi on your machines to check $$$ and inventory if you're gonna have someone go pick up cash for you. If you don't know the dollar amount they're supposed to be getting out of a machine and how much product goes back in, how will you know they're not stealing from you?
@daniqtpy647
@daniqtpy647 Жыл бұрын
When u place a vending machine did u create our own contract and how much does the business get per month for you placing your machine. Thank you.
@zombiemonster9945
@zombiemonster9945 4 жыл бұрын
Dude Reyes is so underrated dude is so funny 😂😂😂😂
@mikevader1988
@mikevader1988 3 жыл бұрын
Universal Business rules, doesn’t matter what the business is. It applies to all 1)- You Need a business model. (More than buy this put it here and start collecting. That’s a severe over simplification of a business model. It must be; Well designed and thought out to every degree, making it bullet proof as possible... 2)- Need to accurately calculate your ROI, P&L, Margins, Operating costs, Cost of goods sold, Inventory, and Products.... 3)- Need to do a lot of homework, gather data, you can’t wing it... 3)- Know your competitors and formulate a plan to beat them 4)- Any business has start up and investment costs that take time to recoup, patience, planning, and fortitude... 5)- Have a plan; 6 month, 1 year, 5 year, 10 year, if the tides change or anomalies appear have solutions to be able to roll with the punches (what if’s , plan B, C, etc.)... 6)- Be different than all the others, have a “hook” , that makes you more attractive than others, and peak interests of the “No” people.... 7) Last but not least, you must recognize that you’re in the Service Industry. You must sale yourself before you can hope to get a foot in any door. Nothing comes easy, nothing comes cheap, and your biggest asset along with your biggest limitation is yourself. No regrets, at least you gave it a shot which is way more than most can say.
@joseblake2976
@joseblake2976 2 жыл бұрын
no wonder you had trouble getting a location, you walking in with flipflops lmao
@ドラゴンボール_おたく
@ドラゴンボール_おたく 4 жыл бұрын
Thanks for keeping it real and not sugarcoating it. Just ordered a few money making machines and got some possible locations and I asked around a lot. I hope I can make progress with it
@dsa8348
@dsa8348 2 жыл бұрын
How did it go?
@joelunderhill126
@joelunderhill126 2 жыл бұрын
Yeah We need to know!
@ParablePreacher
@ParablePreacher 2 жыл бұрын
Updates on the machines?
@jakesmith-bs4jd
@jakesmith-bs4jd 7 ай бұрын
How’s it going
@Marilynefc
@Marilynefc 3 жыл бұрын
“...Bag of chip got stuck, it’s breaking up marriages “ 😂😂😂
@marquisstrongchild7535
@marquisstrongchild7535 2 жыл бұрын
Sorry, can someone please summarize the video for me? Why exactly did he stop the vending machine business?
@Anthonybrother
@Anthonybrother Жыл бұрын
Because he finally broke even after years
@freddyrussell6611
@freddyrussell6611 4 жыл бұрын
Most entrepreneurs can’t handle the GRID.....cooked a good breakfast today BUT 365 days later... ouch cant stand the bacon & egg smell. Toast, come on man. Everyday? Tip your waiter.
@michaelb7691
@michaelb7691 2 жыл бұрын
I just bought a old chip and candy bar machine from this dude who owns a laundromat. His machine was always empty because he was sick of dealing with it. Nice dude and he's letting me keep it there.
@Allinmyworld
@Allinmyworld 4 жыл бұрын
I think another good place would be Tire and Oil shops where people will be waiting for their cars or car dealerships as well
@mobileappsgamer3616
@mobileappsgamer3616 4 жыл бұрын
Great memories!!!! I remember watching those vending videos I almost thought about trying it 😂😂 then I thought about my area and was like nah I’d also be wasting the gas
@SkateAndReview
@SkateAndReview 4 жыл бұрын
It’s a nice business to pass down to your kids so they can hate life 😂😂
@ernestoesquerra2302
@ernestoesquerra2302 4 жыл бұрын
You give away all machines? gran corazon hermano.
@caileanmoore2835
@caileanmoore2835 4 жыл бұрын
Why don't you get into the entertainment business, I find you hilarious. Your vids really cheer me up after a hard day's slog at work.
@rarekeem
@rarekeem 2 жыл бұрын
Gotta secure the location before you buy the machine
@KaDOHC_
@KaDOHC_ 4 жыл бұрын
Thats why u give them a 20% cut. Build up over the years and you have 3000 machines
@samueladams6296
@samueladams6296 3 жыл бұрын
Struggled with talking to people and getting locations he needed. just not a business man lol
@jeffdorris5321
@jeffdorris5321 4 жыл бұрын
We appreciate you Reyes. 😎⭐👍
@mujeebghafari11
@mujeebghafari11 2 жыл бұрын
“Passive Income” has become the new hot topic. There’s no such thing as passive income unless you’re collecting dividends from stocks. Other than that, you’re gonna work, but you’re gonna do it on your time.
@patricianoftheplebs6015
@patricianoftheplebs6015 3 жыл бұрын
Sounds to me you didn’t have a business plan or you didn’t inspect the machines before you bought them. lol noob move.
@Mrdisel4life
@Mrdisel4life 3 жыл бұрын
If you want to start in the vending machine business, DO NOT FOLLOW HIS FOOTSTEPS!!! DUH!
@allthingsawesome2
@allthingsawesome2 3 жыл бұрын
I've been watching you for almost 2 years now and you always have the same energy and good vibes. Keep it up brother
@Whatever209804
@Whatever209804 3 жыл бұрын
“It’s a good business, that maybe one day you could pass onto your kids, so they could hate life” Understood, subscribed
@Shayvideos1
@Shayvideos1 2 жыл бұрын
Lol
@koldkasefase3368
@koldkasefase3368 2 жыл бұрын
😂😂😂
@deefuze1151
@deefuze1151 2 жыл бұрын
Dude, why didn't you just go to mini claw machines? They're smaller, (less heavy). product never expires, product is way way cheaper in bulk, you can change your items all the time. Super easy to check, collect, fix, and refill vs a huge beast of a vending machine. Mini claw machines are thousands cheaper than a large one. You can change the probability. You'll almost always make profit. It's even better if you have Nayax credit card readers. The footprint sells itself. They're 1 x 1 ft. Not every place wants a huge machine. I can pick up a mini by myself.... literally. They're about $700 vs thousands upon thousands for one or a large crane machine. Bottom line bro, you have to change your approach when you go to talk to owners. Go in professionally, have an llc and business account, most important.... practice how to overcome "no". Know why it benefits them and keep it brief. NEVER pitch the entire thing to anyone but the owner and manager (preferably at the same time). No one can sell it like you. Have business cards and a well made flyer. Dress well, and don't go to them when they're busy. They'll resent that. Create a website with a QR code you can check on your own time where they can only email not call or text. I almost never get no's. Sold 14 machines to hosters first time and only received 2 no's. Screw doing regular vending machines. You'll NEVER make more than what you charge.
@zykez3501
@zykez3501 4 жыл бұрын
A substainable Vending Business takes years; its a marathon, not a sprint. Most don't realize that and going too fast too big in. At least I liked your candy-machine-part the most. The big ones come too early. You had to work longer with the smaller ones and build up step by step. How knows, maybe you come back to Vending; at least you know now how this works.^^
@foxmulder7616
@foxmulder7616 9 ай бұрын
That's what I was thinking.
@martinator1596
@martinator1596 3 жыл бұрын
That’s nice of you to give them for free to the little ones start their own lil business
@badass.quantv8414
@badass.quantv8414 2 жыл бұрын
I’m located in California as well, did you need any permits to start your candy business?
@COSMAS-videos
@COSMAS-videos 2 жыл бұрын
Hey dont feel bad about quiting , I am about to quit my Amazon wholesale business despite making 800k in sales my 2nd year....WHY? Because Amazon sucks! Their seller support is very shalow, if you have bigger problem than easy there is no help. I had many listings restricted after being approved and just shipped product. I had 30k of shipment which was comfirmed to be delivered to Amazon warehouses by the trucking company, LOST!!! I had my account deactivated by "ERROER" on Amazon side , which they appologized for but , not without me paying 'rescue' company 3k to write to Amazon managers which nobody else has emails for. And thats just few of many many issues I faced in 4 years!!!
@BlackTubers
@BlackTubers 4 жыл бұрын
"Land of the Free.99" love it!
@brandomcastor2951
@brandomcastor2951 4 жыл бұрын
That’s socialist
@DUMPSTERDIVINGADELAIDE
@DUMPSTERDIVINGADELAIDE 3 жыл бұрын
Black Tube - Australia is the land of the free, totally & Covid free as well We don't have riots, we all help each other, God bless Australia 🇦🇺🇦🇺🇦🇺🙏🌏🙂
@boringchannel6313
@boringchannel6313 3 жыл бұрын
HE SAID PROS AND CONS , BUT HE JUST TALKED ABOUT CONS
@smalilay
@smalilay 3 жыл бұрын
So when you FINALLY find a BUSY location, it’s a CON? Because you have to refill it twice a week? It’s a GREAT thing because it means you’re making money!!! That’s the whole point!! Find 20-30 busy locations around your city or neighboring cities to keep cost down. Working 2-3 times a week is not a bad thing.
@boringchannel6313
@boringchannel6313 3 жыл бұрын
@@smalilay thats a pro i'm talking about PROS
@Gellblastperson
@Gellblastperson 2 жыл бұрын
Hey I’m 11 and am looking into starting a gumball machine business and I was wondering if I could buy one of your machines. Thanks
@shanemiller4450
@shanemiller4450 2 жыл бұрын
You needed the machines that has the laser eye. It gives the money back or let them choose a different selection.
@checkabagpig7983
@checkabagpig7983 3 жыл бұрын
😭😭😭😭😭 yo real career is definitely comedy bro I’m subscribing
@nanawav
@nanawav 2 жыл бұрын
50 seconds into the video, and I automatically liked and subscribed. His energy is just dope.
@johninphx9360
@johninphx9360 2 жыл бұрын
I'm just starting.I sold an old car and I bought 2 new refurbished soda machines with all the updated payment methods. Just waiting on placement....I traded the cost of buying a 3rd machine and used it to hire high-end placement service. Wish me luck.
@TheRmm1976
@TheRmm1976 2 жыл бұрын
So your mistake was buying a route without doing your research. Thanks for the video, very interesting man.
@HollywoodRippin
@HollywoodRippin 4 жыл бұрын
Reyes did you sell your machines? I’ll buy them, plus pay for the freight
@ChromeVending
@ChromeVending 4 жыл бұрын
Thanks for the shout brother. Everybody hit that thumbs up button for the homie Reyes!
@Kai-rs9po
@Kai-rs9po 4 жыл бұрын
Aye what's up chrome
@ChromeVending
@ChromeVending 4 жыл бұрын
@@Kai-rs9po Everything is Fantastic! How are you?
@Kai-rs9po
@Kai-rs9po 4 жыл бұрын
@@ChromeVending tryin to start a vending machine buissness in a few months by age 14 as another side hustle to invest more in the stock market
@ChromeVending
@ChromeVending 4 жыл бұрын
@@Kai-rs9po That's awesome to hear. As long as you take the time to educate yourself financially you will be unstoppable with such an early start.
@Kai-rs9po
@Kai-rs9po 4 жыл бұрын
@@ChromeVending Exactly, self education is key
@thedevilsadvocate3710
@thedevilsadvocate3710 25 күн бұрын
Great lessons that the scammy Vendor "program" sellers never want to tell you.
@jacobb554
@jacobb554 2 жыл бұрын
I agree, I was trying to get into the vending machine business, and I started cold calling only good locations, Corporate buildings, warehouses, hotels, etc.... and the first day i called 10 places and most were rude to me and wouldn't even let me speak to a manager. If you are a good sales person you may have better luck, but its not an easy thing talking to these people on the phone (they treat you like a telemarketing call). I may try another 10 cold calls or maybe some advertising on social media, but I am starting to see the hassle of even getting 1 good location.
@hollyo.7651
@hollyo.7651 Жыл бұрын
Try business to business sales. That's how I got my first yes. I bought a vending brochure for $30 from a lady on KZbin and business cards for $12. Makes you look professional
@Heyethann
@Heyethann Жыл бұрын
@@hollyo.7651 who u bought them from?
@hollyo.7651
@hollyo.7651 Жыл бұрын
@@Heyethann Letsjazzitup. She's on KZbin
@grant8591
@grant8591 4 жыл бұрын
Man I was literally just watching those videos
@thatguyfromca
@thatguyfromca 4 жыл бұрын
Maybe you should of rented a small retail space and put all your vending machines in one place that has high traffic
@JoAnnCSimon
@JoAnnCSimon 3 жыл бұрын
Thats really smart.. Id put any money behind ur brain
@tashwest1272
@tashwest1272 4 жыл бұрын
Remember when Reyes got into the jump house business ?! Good times good times!
@albertopazos6581
@albertopazos6581 4 жыл бұрын
I have a friend who is selling me his machines and locations route for 23k , he says he makes 1500 a month and doesn’t even count the quarters.. he goes every 10 days .. I don’t know .. the part when people call you for a fucking can of soda sucks ..
@LALAKERSHOW
@LALAKERSHOW 4 жыл бұрын
Just PayPal, Zelle , them
@c-losway6179
@c-losway6179 4 жыл бұрын
You just killed my vending machine dreams. Great video reyes
@shanemiller4450
@shanemiller4450 2 жыл бұрын
Always shoulder straps they are less then 700 lbs. you use your body to left it. Easy to do
@JonsDailyHustle
@JonsDailyHustle 4 жыл бұрын
Thanks for sharing the pros and cons of the business. I'm wanting to get into vending machines and give them a try 🤷‍♂️, we'll see how it goes when I do
@imasuburbandude299
@imasuburbandude299 2 жыл бұрын
Howd it go?
@JonsDailyHustle
@JonsDailyHustle 2 жыл бұрын
@@imasuburbandude299 haven't done it yet. Got to busy with lawn care and landscaping business haven't had time to think about anything else lol
@imasuburbandude299
@imasuburbandude299 2 жыл бұрын
@@JonsDailyHustle completely understand lol😂
@cloo2937
@cloo2937 3 жыл бұрын
I love.... Reyes personality. He funny as hell.. lol😂😭.@11:43 pass down to your kids so they can hate life.Great videos bro.
@HarrisonB72
@HarrisonB72 4 жыл бұрын
I see it this way I get paid $10-15 dollars at the lowest for less then an hour of work. Takes me 10-15 minutes to fill and collect Candy from the machine. I only however buy new ones seeing the coin mech gets sticky on the older ones.
@foxmulder7616
@foxmulder7616 9 ай бұрын
How's your candy machine hustle going?
@GUYFROM2047
@GUYFROM2047 3 жыл бұрын
Those machines were all like buying an old car you are going to have issues.
@HobbiesWithNick
@HobbiesWithNick 4 жыл бұрын
Great video Reyes! I'm just getting started in the vending machine business, I traded a bag of Doritos for a snack machine so I have nothing to lose. Hopefully it goes well
@Khayran
@Khayran 2 жыл бұрын
Wait what, a bag of doritos for a snack machine? How?
@YahjewJermaine444
@YahjewJermaine444 Жыл бұрын
Nope, you have to tell that story😮
@foxmulder7616
@foxmulder7616 9 ай бұрын
How'd it go? Lol
@vernkay.
@vernkay. 2 жыл бұрын
I was considering starting a vending machine business until I watched this video.
@jorgemartinez6456
@jorgemartinez6456 3 жыл бұрын
So basically you gave up because it was too much work, all you did in the video was go into the history of your buisiness and challenges that made you quit. Mamy buisinesses go through the same thing but thats why only 1% succeed
@hunterbenoit9668
@hunterbenoit9668 4 жыл бұрын
Ur vending machine vid is the one that brought me to ur channel 2 yrs ago
@tarickpersaud6761
@tarickpersaud6761 4 жыл бұрын
Me too
@SkateAndReview
@SkateAndReview 4 жыл бұрын
tarick Persaud me three
@SLICK8116
@SLICK8116 2 жыл бұрын
This dude sounds like dropped out in the 5th grade😂
@Kevin-rf9sx
@Kevin-rf9sx 2 жыл бұрын
The one thing that stands out here is that your locations sucked. Im from Germany but the way I do it over here is, I dont go around and ask people if I just place my machine in their Business. I am paying them rent. Like 50-75$ a month. Plus I pay the electricity. That's how you get the good spots. And of course I dont even Start with gums n shit.. I have proper Snack and Drink machines that cost around 5000$ (refurbished). Those machines just work es they should. Plus they are connected to the Internet via simcard. So you can see from home how much you made, what needs to be refilled ect. So I just drive there when it's needet. I need to go to my machines like twice the week. Sometimes more. But I work for about 8-10hrs a week and make Profit like someone who works 40-50hrs a week. It's how you do it. Make it right, then you will succed
@jacktchance
@jacktchance 4 жыл бұрын
I sold my vending machines after 8 years. It was fun while it lasted and I made good money, but it was time to move on.
@Shahriyor_549
@Shahriyor_549 3 жыл бұрын
Why ?
@jayc4715
@jayc4715 2 жыл бұрын
What did you move on to?
@alanestrada2550
@alanestrada2550 3 жыл бұрын
" I took a class, at the University of KZbin". 💀☠💀☠
@strangejones
@strangejones 3 жыл бұрын
What do you tell the owners when they ask how they benefit from it? Do you share the profits with them?
@othmanj.bakary2053
@othmanj.bakary2053 2 жыл бұрын
You form a business agreement, give them a portion of the profits as rent
@foxmulder7616
@foxmulder7616 9 ай бұрын
Or work with a charity and tell them a portion is donated to the charity and ask businesses if they have a foot or two they could donate for a charitable machine.
@itskittykouture
@itskittykouture 2 жыл бұрын
300 a month 😂 I screamed
@niknik5380
@niknik5380 4 жыл бұрын
Your from Fresno?
@Mindyabuisness123
@Mindyabuisness123 3 жыл бұрын
imagine someone buying those corona virus mask at bulk and selling them in a candy machine
@prioritisingprofit
@prioritisingprofit 3 жыл бұрын
That’s a amazing idea. You’re on the right path because they did it here in England. I saw a mask vending machine outside a train station. And it’s an obligation to wear a mask on the trains. So it’s smart
@healanimatthews1140
@healanimatthews1140 3 жыл бұрын
I do that bro and it's good money. Especially when you get the football brands
@Learninghowtorebuild
@Learninghowtorebuild 3 жыл бұрын
Thought of the same thing
@EdwardSanchezProductions
@EdwardSanchezProductions 4 жыл бұрын
I always wanted to own a vending machine
@TheSidekickking
@TheSidekickking 3 жыл бұрын
I aint gonna lie tho, wasn't for you i wouldn't know about the atm machine business and candy's machine business when i watched you 7 months ago. Thanks man.
@mrvybz3508
@mrvybz3508 3 жыл бұрын
🤣🤣🤣🤣 very entertaining and informative
@jbeav3902
@jbeav3902 4 жыл бұрын
It's like making money in the stock market. You only like investing when making money but not losing money. Past performance is not a guarantee
@ezekielelijahtv4315
@ezekielelijahtv4315 2 жыл бұрын
Your business is making video thats why you quit
@buckadillafilms
@buckadillafilms 2 жыл бұрын
yup.
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