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.
Gumball machines are a great solution to this problem. Think about it: gumball machines can produce a steady profit if you fill them with gumballs that cost less than a quarter each, and you only have to refill them once in a while. They can truly become a source of passive income for you. One of the best things about gumball machines is that they are cheap. You can purchase a quality gumball machine for only fifty dollars.
The basis of the plan is as follows: You purchase a cheaper gumball machine, and fill it with gumballs. Gumball cost four cents each, and it's completely accepted that gumballs are sold for a quarter. This means that every gumball your machine dispenses earns you twenty-one cents. These machines often carry four hundred at a time, and it's not crazy to sell twice that amount in gumballs every 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 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.
If you follow the growth of your business, it roughly matches the Fibonacci sequence, etc. Those are the projected returns of new gumball machines you can purchase each month-these returns accumulate, so your potential for business profit increases exponentially. Your profit per gumball machine stays constant, but your number of gumball machines increases rapidly.
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.
Gumball machines are a great solution to this problem. Think about it: gumball machines can produce a steady profit if you fill them with gumballs that cost less than a quarter each, and you only have to refill them once in a while. They can truly become a source of passive income for you. One of the best things about gumball machines is that they are cheap. You can purchase a quality gumball machine for only fifty dollars.
The basis of the plan is as follows: You purchase a cheaper gumball machine, and fill it with gumballs. Gumball cost four cents each, and it's completely accepted that gumballs are sold for a quarter. This means that every gumball your machine dispenses earns you twenty-one cents. These machines often carry four hundred at a time, and it's not crazy to sell twice that amount in gumballs every 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 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.
If you follow the growth of your business, it roughly matches the Fibonacci sequence, etc. Those are the projected returns of new gumball machines you can purchase each month-these returns accumulate, so your potential for business profit increases exponentially. Your profit per gumball machine stays constant, but your number of gumball machines increases rapidly.
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.
About the Author:
Be sure to check out this article about how to purchase a business and this great resource on the most important men in the creation of the gumball machine and each of these get my seal of approval.
No comments:
Post a Comment