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Tired of trading time for money at your 9 to 5 job? Looking for a way to make passive income with minimal startup costs and overhead?\nThen starting a vending machine business may be perfect for you.\nThe vending machine industry was valued at $42 billion last year and is expected to grow at 8.1% from 2024 to 2030.\nProfitable vending machines are everywhere \u2014 offices, apartment buildings, gyms, airports.\nWherever people gather, there\u2019s an opportunity to provide convenient access to snacks, drinks, and other bestselling impulse-buy items.\nAnd it\u2019s a great market to get into because it\u2019s extremely fragmented, with vast potential for growth. No national player owns more than 5% market share.\nIn this episode, you\u2019ll learn:\n\nHow the vending machine business model works\n\nThe step-by-step process to go from zero to $1,000+ in monthly passive income\n\nFinding ideal locations and signing contracts\n\nBuying used machines vs leasing new ones\n\nStocking, restocking, and maintenance procedures\n\nRisks to watch out for and mitigation tactics\n\n\nFull Show Notes: Vending Machines: The Path to Your First Passive Profits\nNew to the Show? Get your personalized money-making playlist\xa0here!\nSponsors: \n\n\nUS Bank \u2014 Get a 75,000-point sign-up bonus with the US Bank Business Altitude Power World Elite Mastercard, and earn 2X points on everything you buy for your business.\n\n\nIndeed \u2013 Start hiring NOW with a $75 sponsored job credit to upgrade your job post!\n\n\nAirbnb\xa0- Start an Airbnb business and earn money as an Airbnb Host!\n\n\nThis is Small Business Podcast - Brought to you by Amazon, explore the stories of small business owners as they navigate their path to success!