How to Get Started in Bulk Vending
It seems to be a part of human nature that we dive right in without thinking or we over think things, either of these actions may lead to disastrous results if it keeps us from meeting our goals. I have to say though that when it comes to vending I see a lot of people get stuck in analysis paralysis and this is one business that really doesn’t require a lot of over thinking. I’m here to tell you that diving right in is exactly what you need to do. But this doesn’t mean you should just throw a bunch of money on the table and hope for the best, you also need to limit your risk. So, if you’ve been thinking about starting a vending business for awhile and still haven’t actually managed to get started, I’m here to get you on your way.
Vending isn’t something that you need a lot of education or skill to do; virtually anyone can run a vending route. You will need to be honest with yourself about your ambition, drive, motivation and time management skills. Building up a big profitable vending business with hundreds of locations can take several years of working for free while reinvesting all your profits, so you need to be totally honest with yourself. Do you think you possess the single minded determination to work for free for 3-5 years while not having any extra money to show for it?
Now that we’ve discussed the personal skills you need in order to be successful, now what? Buy some machines! It really is that simple. You can read all the books you want and chat with other vending wannabes all you want, but really the best education you will get is the one you get by doing vending yourself.
To start this way, just start shopping online for cheap used vending machines. Don’t buy new. Don’t buy an existing route. Don’t get taken in by the overpriced machines being sold as pre-packaged vending routes or “instant” vending businesses. Try to buy about 10 – 15 machines as this will keep your product waste to a minimum and give you the best feel for the business.
This is absolutely the best way for new people to get started. So, if you’ve been wondering about vending, jump right in. For less than $1,000 you can do your own research, get a cheap education and finally get off the analysis paralysis merry-go-round.