About Me

I have always been an entrepreneur since my early years. I try a lot of things and have been fortunate to have had many great experiences in my life, all of which I have learned from. I have a passion for life, reading, learning, and teaching others how to improve their lives. This is the purpose of this blog.

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Posts Tagged ‘busines’

Adventures in the vending business… and I wrote my first book!

Sunday, December 7th, 2008

As you may know, I have been spending a lot of time over the past few months on getting into the Bulk Candy Vending business, expanding my business, and getting it all running properly and optimized.

When I was getting into the business, I did as much research as possible. I talked to people in the business and people that were selling routes. I didn’t know many of these people very well in the beginning. It was difficult to tell what information was real and what was a sales pitch. I read several eBooks that I purchased online about the Bulk Candy Vending business. I found some blogs associated with vending and read all the posts on them. I devoured all the information that I could. I wanted to make sure that I knew what I was getting myself into.

Then, I started buying. I bought half a dozen preexisting routes as small as 6 machines up to the largest being 165 machines. I bought all the Vendstar 3000 machines that I could find for sale on Craigslist. Even if people were asking $100 or $150 each, in the end I never paid more than $50 for a machine. I stopped buying when I got to 500 machines. Based on my initial research, servicing a route of 500 machines would basically be a full time job.

Even after all the reading and research that I did, there was still a lot that I had to learn the hard way. (more…)