There are a lot of upsides to starting and running a small business or private enterprise, and it allow you to reach your goals and live the life you want. Another big asset of starting a business is that you don't have the soul sucking effects of working for "the man." Because honestly, who wants to work for someone else? Starting today to make money for yourself, and better your own life, instead of making someone else rich, is an awesome change. The problem is most businesses are expensive and time consuming, so you can really own start them if you are already successful. This is okay if you do have lots of money already, but it doesn't help you at all if you're trying to become successful.
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 gumball machine business plan is really quite simply. You find yourself a cheap gumball machine and buy it, then stock it full of gumballs, purchased for about 4 cents each. You place the machine somewhere and sell the gumball for a quarter each (this is really just an accepted fact of life-you don't have to convince anyone that a gumball is worth a quarter). A lot of gumball machines have a four hundred-ball capacity, and if you refill it twice, you can sell twice the capacity over the course of a 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.
I can't make it clear enough that this plan requires work. If you know anything about business you know that business plans that promise little or no work on your part generally end in disaster, and someone is generally profiting off of your failure. The main time investment you have to make is finding somewhere to place your machines. This can be difficult, but don't give up! You will succeed.
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 gumball machine business plan is really quite simply. You find yourself a cheap gumball machine and buy it, then stock it full of gumballs, purchased for about 4 cents each. You place the machine somewhere and sell the gumball for a quarter each (this is really just an accepted fact of life-you don't have to convince anyone that a gumball is worth a quarter). A lot of gumball machines have a four hundred-ball capacity, and if you refill it twice, you can sell twice the capacity over the course of a 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.
I can't make it clear enough that this plan requires work. If you know anything about business you know that business plans that promise little or no work on your part generally end in disaster, and someone is generally profiting off of your failure. The main time investment you have to make is finding somewhere to place your machines. This can be difficult, but don't give up! You will succeed.
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Here are links to a fantastic guide on how to pitch your gumball business to an investor and this great resource on how gumballs and gumball machines came to be both created quality sources.
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