How Much Money Can You Make From a Vending Machine - Episode # 197 w/ Kashief Edwards

Kashief Edwards transitioned from a career of serving kids and working in fitness center management to building a vending machine empire! After 6 Years and dozens of Vending machines across multiple states he has uncovered the blueprint on the 23 Billion dollar vending machine industry! In this episode we discuss :

- His transition from traditional employment to uncovering the lucrative opportunity in the vending business.
- The power of location : how to find the right one to fit your revenue goals.
- How to assess the value and ROI of individual vending machines.
- What questions to ask before purchasing vending machines and routes.
- How he was able to utilize the capital earned in his vending business for real estate investments.
- What key statements to make when talking to potential vending location hosts to close the deal.
- Vending location commissions : the numbers behind smaller and larger accounts.

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Show notes:
00:00 Podcast Preview And Sponsored By

01:36 Introducing Kashief Edwards

04:43 The Goal Of Each Vending Machine

11:26 Highest Yielding Machine

16:11 Life Before The Machines

19:31 Commercial Break

20:30 Questions To Ask When Starting

30:45 Route Types

36:09 Finding The First Machine

40:04 Commercial Break

40:57 Credit Or Cash

47:27 Easiest Way To Make Money

54:30 Foods To Stay Away From

1:01:33 Podcast Promo

1:02:27 Sponsored By

1:03:31 Podcast Predictions

1:05:44 Podcast Principles
Timestamped By @TheYouniversityLive