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/biz/ - Business & Finance


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55413086 No.55413086 [Reply] [Original]

Why do black entrepreneurs love vending machine and ATM businesses so much?

>> No.55413166

>>55413086
Blacks live in food desert areas. Walmart, and other grocery stores won't open there

>> No.55413305

They know what blacks spend the money the government gives them.

>> No.55413322
File: 11 KB, 300x168, VIRGINIA.jpg [View same] [iqdb] [saucenao] [google]
55413322

And just where did he get these vending machines that supposedly belong to him?
hmmmmmm!? I suppose he... BOUGHT THEM!?

>> No.55413326

500k Revenue. All from insurance claims due to incurred losses from vandalism and theft.

>> No.55413332

>>55413086
It’s because this is the only concept of passive income they can understand. I’m not joking.

>> No.55413334

black people love vending machines, i know this for a fact because i went to school and worked with many of them. they are always walking around eating chips everywhere they go.

also these guys make money off of it because they know their audience very well and they know which items are for sure going to sell and which aren't. a white nerd might throw in a granola bar into the vending machine or a bag of peanuts or some shit. not black people, they know that everyone who eats at a vending machine is a real nigga. so you have flamin hot cheetoes. doritos. onion rings. crazy motherfuckers might even throw some honey buns or lil debbies in there. and you always gots to have a drank. purple stuff. blue stuff. red stuff. orange stuff. sodas. other purple stuff. some niggas even like yellow stuff.

>> No.55413343
File: 31 KB, 480x298, IMG_7354.jpg [View same] [iqdb] [saucenao] [google]
55413343

>>55413334
Shiiiiiietttftt

>> No.55413347

>>55413086
100% they're just talking about revenue though

>> No.55413355

>>55413086
Blacks are big on overcharging their own people for services that don’t require any real work and degrade their own communities. ATM, Obama phone minutes, cheap expired soda and snacks, cloned chicken fried in seed oils, loosies, crack and fetty wop, malt liquor etc

>> No.55413376

>>55413086
I hear they like fo’recks too

>> No.55413385
File: 829 KB, 1600x1144, 1662853766609716.png [View same] [iqdb] [saucenao] [google]
55413385

they are lying

No one makes that kind of revenue off of vending.

The article is meant for suckers to buy into the vending market so they can earn their $500 per month after a huge fee.

>> No.55413429

>>55413086
good for him, at least he found himself in capitalism, and doesn't sell drugs or robbing people.

>> No.55413486

>>55413086
I doubt it.

>> No.55413539

>>55413166
Would not blacks just destroy the vending machines though? I’d want a vending machine like a bank vault if I was to put in black area

>> No.55413609

>>55413086
It's the most dog cheap option niggers with a few hundreds can afford to start. It requires little to no knowledge. Just gotta find a good place to buy restocks for all the drinks and its good to go.

>> No.55413625

>>55413429
selling drugs is capitalism

>> No.55413631

>>55413539
If i was black, i would put these machines in a white area. Anyway this is why you put these machines in properties if you know whats good.

>> No.55413638

Vending machines is the new dropshipping, people on yt shill it, so you now there is no money to be made there

>> No.55413658

>>55413086
>>55413429
>>55413625
Drug money laundering?

>> No.55413695

>>55413658
more than likely lol

>> No.55413696

>>55413539
depends where you place it, not only blacks will try to destroy it mainly homeless people of all races.

stupid retard motherfucker

>> No.55413711
File: 2.03 MB, 1475x874, vendingmachine.png [View same] [iqdb] [saucenao] [google]
55413711

>>55413086
FTFY

>> No.55413757

>>55413166
No black people live in cities like Chicago, not desserts

>> No.55413770

>>55413334
Kek.
The yellow stuff is for real niggas

>> No.55413810

>>55413086
Do they also like AI projects like Blackswan?

>> No.55414457

>>55413086
Hey LTG you look like you work at pizza hut

>> No.55414507

>>55413334
no, my vending machine was owned by a black guy and he put the nastiest off brand chips in there that nobody would buy, he would literally dump out all the stale ones and just refill it back

>> No.55414547

>>55413086
Relatively low barrier to entry. You can easily find used vending machines on Facebook marketplace for each and it only takes like $100 of start up capital to buy candy.

>> No.55414553

>>55413343
I used to call these Jig Jugs lmao

>> No.55415255

>>55413086
Because they dont have to do much.

>> No.55415272

>>55413086
>steal from one vending machine
>put it in your own
>infinite profit

>> No.55415273

>>55413086
Jews promoted it?

>> No.55415335

>>55413086
do these things accept ebt now or something?

>> No.55415344

>>55413696
No, it's almost entirely niggers that destroy property, you fucking sheltered, naive faggot.

>> No.55415349

>>55413086
Because it’s passive income nigga

>> No.55415350

>>55415255
cope and seethe commie

>> No.55415353

>>55413638
There never was money in it
It’s the most retarded base line “business” idea that I think literally everyone on earth considers

>> No.55415416

>>55413086
Because it's cheap to do. I used to do this back in high-school/college. I'd buy the $50 gumball machines (Now they run between $100-150) from Sam's Club and stick them in barber shops. Most places recognize that this makes virtually no money, takes up little space, and offers an additional comfort to their customers so they often let you set up your machine for free. Bulk gumballs come in at like $0.05/gumball and they sell at $0.25 so you make an 80% margin. When I did it I'd average like $10/mo/machine which is basically nothing. I kept spending my McWagie paychecks on these and built up to having over 50 of them. Working 1 day a month for around $500/mo as a high-school/college kid was pretty great. Keeping a clean P&L sheet I was able to eventually sell my route + equipment + inventory for $10k.

>>55413711
I'd be fixed if you had replaced "black" with NIGGER, not removing the word "black"

>>55415272
If you have the same model machine they are all keyed the same so you could easily steal your competitors product and their money if they aren't smart enough to change the default lock.

>>55415273
It's getting popular with "side hustle culture" becoming more mainstream. This used to be an exclusively white and Albanian thing.

>> No.55415430

why do you fucks shoot down ideas then never provide any alternative businesses with a low startup cost?

>> No.55415444

>>55413347

I mean the mark up on vending machine goyslop has to be ridiculous. Of course they have to hire people to fill machines because for $500K in revenue he'd have to have dozens of machines I'd imagine.

>> No.55415448

>>55413086
>$500k
>assume vending machine holds $1000 in merch
>fills up two vending machines every day
>5 vending machines a week
>40 machines a month

Either this guy never stops making trips to his machines or he’s so in debt he’ll never break even

>> No.55415450

>>55413343
Those would go hard when you're by the pool fr

>> No.55415502

Anyone here have experience with crypto ATMs? I've looked them up a few times but they always have the most dog shit tier tokens available and the software or regulations don't allow the owner much choice. There has to be a way around it. They will have 30 options and 25 will never recover to the ATHs and the other 5 are BTC ETH DOGE LITECOIN BCH

So basically you are selling BTC ETH DOGE. I've never seen one with LINK or AVAX as an example available. Its fucking weird. I'm sure the profits drop off massively during bear markets but that is when you'd want to buy and then get them set up ready for bull cycles.

>> No.55415515

>>55413696
wrong, shitskins (like you) do the overwhelming majority of crime

>> No.55415654
File: 9 KB, 183x275, holton_buggs.jpg [View same] [iqdb] [saucenao] [google]
55415654

>>55413086
>>55413711
Him being black is part of the game
Even the most anti-racist, perfect BLM rally attendance soicuck or bluehaired dyke will secretly feel jealousy and resentment at seeing a black guy doing better than them. The though crosses their mind like it does for every white person: "This fucking NIGGER can't be doing better than me, I'm white!"
And so you get clicks, you get people buying your courses and putting money into you ponzi scheme
Pic related, "Holton Buggs" is an influencer for various pyramid schemes and offshore scams and I'm sure there's similar psychology behind the decision to use him

>> No.55415677

>>55415416
cool gimbal story bro what do you do now

>> No.55416051

because niggers cant plan ahead, they need it then and there. so naturally niggers will give free money

>> No.55416073

>>55415349
Why do black people love 'passive income' kek

>> No.55416111
File: 418 KB, 680x1022, 80b.png [View same] [iqdb] [saucenao] [google]
55416111

>>55415416

>> No.55416121

>>55416073
Because they're lazy

>> No.55416123

>>55413343
Don’t bring the quarta waterz into this

>> No.55416149

>>55415430
Shit anon, let me just go buy some food for you and come put it on your table. Let's cut out the nonsense of spoon feeding you a business idea.

>> No.55416160

>>55413334
best post of the day

>> No.55416336
File: 144 KB, 364x640, 1685368990058375.png [View same] [iqdb] [saucenao] [google]
55416336

>>55414457
"you know what, i do look like i work at pizza hut. matter of fact, your mom just placed an order and i gotta go make a delivery, GTAB"

>> No.55416411

>>55415677
After college I started doing engineering sales for a F500 company.

On the side I grow microgreens and sell them locally as a subscription service. I've made a few microgreens threads in the past breaking down my whole business. I also run a e-commerce brand (not dropshipping) and am working on patenting my own products.

Just keep trying different things until you eventually make it anon. I believe in you.

>>55416111
Lol groid Floyd was a fun time

>> No.55416502

>>55415353
Those are the ones that make the most money though. The "special" biz make shit no money
the ones that provide basic needs is what real biz is all about.
such as plumbing company, food stores, tiler, etc go manage 5 workers and compete in ur area u will make x100 more than any internet biz

>> No.55416514

>>55415448
>assume vending machine holds $1000 in merch
Why would you assume that

>> No.55416515

>>55415448
he pays his employees to steal the merch from his own store
so he gets to collect insurance and restock the machines for free

>> No.55416520

>>55413086
Because modern farm equipment exists

>> No.55416533

>>55413086
Because it's shit black people interact with and can be sold on buying. The business is to sell shitty sidehustles to niggers.

>> No.55416680

>>55416533
bingo the biggest biz right now is selling "how to make money buying/selling crypto, side hustles, stocks, etc"
why? because everybody poor and making money is what everybody wants so they sell you what you want

gotta admit tho that this is x10 times more quality hustle than crypto zerosum game bullshit

>> No.55416712

>>55413696
The homeless tend to be insane and want to be left alone, they don't tend to be Evil like niggers, kikes, gypsies and other human-shaped filth.

>> No.55416780

>>55416411
Would you say growing micro greens is your most profitable side hobby? Are you selling to home cooks or actual businesses?

I have a pretty sweet home garden but I am waiting to do a major scale up until I own a house instead of renting. I’ve also had mild success growing various mushrooms. Have def considered micro greens but haven’t tried out yet

>> No.55416835

>>55415502
why would anyone buy LINK or AVAX from an ATM and pay the 10% fee?

those machines are for buying some USDT or BTC when you have literally no other choice

>> No.55416843

>>55416835
>10% fee?

I've never seen USDT as an option. The fees aren't usually that bad more like 3-4%