Stuck in the ratrace

[Stuck in the ratrace]

I'm broke, I realize my paycheck isn't enough. I'm thinking of purchasing candy vending machines to atleast raise enough income to fund my current expenses. Any thoughts on these candy routes?

[VectorJ]

My experience is that most business owners don't want these things in their stores. It's a tough sell.

[MpyreDzirez]

Don't do it!!!

Yes...Money can be made that way but it's not as easy as it sounds. I almost went that route myself until I started running the numbers...How much do you need to sell, how much money will it take to sel that much, where will I put the machines, how will I put them there, what if one breaks?

Take a look at www.dotcomology.com (free) and wait for my YE Special Report...It details an online service based business you can start for only $300 - $500 start up cost.

P.S. Also take a look at www.bummarketingmethod.com (free), tell my buddy Travis that Justin sent you.

Justin

[Stuck in the ratrace]

I know that was my first thought, however the company says as part of the package they will place the machines for me.

[Stuck in the ratrace]

Don't do it!!!

Yes...Money can be made that way but it's not as easy as it sounds. I almost went that route myself until I started running the numbers...How much do you need to sell, how much money will it take to sel that much, where will I put the machines, how will I put them there, what if one breaks?

Take a look at www.dotcomology.com (free) and wait for my YE Special Report...It details an online service based business you can start for only $300 - $500 start up cost.

P.S. Also take a look at www.bummarketingmethod.com (free), tell my buddy Travis that Justin sent you.

Justin

I'll check that out thanks!

[radreality]

well the quickest fix will be button down your expenses. Once you do that or if you have already done that, do it again. With most people, the problem isn't lack of income, its too many expenses. Plus its just financially smart to always stay on top of your expenditures.

After you reduce your expenses as much as possible, then the next quickest thing to bring in money is find things around your place that you can sell.

While you are doing all this continue to explore business ideas that can bring in some steady extra cash for the future. Most busineses won't bring instant cash, so you need to make sure you have some time.

______________________________
Robert Falk
Business Developer / Investor
Self Help & Success Forum

[Cognition]

Stuck in the rat race -

I suggest you take a look at this thread: http://www.youngentrepreneur.com/for...d.php?p=125245

Let us know if you have any further questions or concerns.

[Young Spark]

The concept is to focus on investing in assets... not liabilities. The company said they would place the machines but if I can be honest, this all sounds like a liability to me.

Things to check first is how much the candy is going to cost, the cost of the equipment, any royalty fees, any co-operating fees, on top of that is there any cost to repair abroken machine (as stated above in a previous post) --- there are many things that can be considered as liabilities instead of assets.

Read over the topic that I started called "Building Wealth Strategies" and do some research on the "Millionaire" Mindset as well as read "Rich Dad, Poor Dad" and "The Millionaire's Mindset" --- both I have heard are wonderful books.

Good luck with what your seeking and keep us informed.