102: How To Start An AI-Driven Vending Machine Business For $700
Manage episode 425522091 series 3558257
Why did sales 3x when today’s guest swapped out an old-style vending machine with an AI-driven vending machine?
It’s just one of the insights Mike Hoffmann reveals about what you need to know to start and scale a profitable vending machine side hustle in today’s economy.
He’s grown his business from a single vending machine, to now having over 40.
In today’s episode you’ll discover;
- the hallmarks of a profitable location so you know what to look for,
- tips on pitching a location’s property manager or owner,
- Mike’s insights on buying a machine: new vs used,
- where to buy product and what to stock in your machines, and
- recent AI-driven developments that are now disrupting the vending machine industry!
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Need a little (and sometimes big) push to start and stay focused to grow your side hustle? Dive into my online Masterclass: How To Turn Your Thoughts Into Wanted Things.
For the full show notes head on over to the home of Side Hustle Hero. https://www.sidehustlehero.com/102
Connect with Mike:
Vendingpreneurs website
Connect with Joan:
Be on the show!
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