My NEW Business Will Make Me $1,000 Per Month??
Published: 2023-01-01
Status:
Available
|
Analyzed
Published: 2023-01-01
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
The speaker aims to establish a fully automated convenience store using vending machines.
"my ultimate goal is to have a convenience store essentially set up it's fully automated with machines like this"
Pending
The speaker predicts an additional few hundred dollars per month in revenue if the new vending machine is advertised and made a focal point with a marketing campaign.
"if I put it there I'll make a couple hundred bucks extra a month if I advertise it and make this a focal point and build a marketing campaign around it"
Pending
The speaker plans to severely discount prices on the vending machine and then assess the resulting revenue.
"I want to get this printed out at the office and then we're going to go down there stock our machine start discounting prices severely and then we'll see how much money we can make"
Pending
The speaker expects to sell Sour Skittles for 50 cents each, despite current supplier costs of 75 cents, having acquired them for 8 cents.
"these cost me right now these are sour Skittles and no one I love these blue sour skittles I cannot buy them cheaper than 75 cents a piece right now at Sam's and Costco my suppliers are 75 cents a piece I got this for eight cents we're gonna sell it for 50 cents"
Pending
The speaker plans to sell 5-ounce bags of chips for an unspecified price, having acquired them for 25 cents each, and assess their profitability in the machine.
"five ounce bags these were 25 cents a piece so as long as I can fit them in the machine we're just gonna do and see if it works"
Pending
While selling items at cost might attract customers to the laundromat, the speaker's intention is to make a profit from the vending machine.
"I'll sell everything at cost which that would bring customers to my laundromat and that would be that would be good generally speaking but it's also a situation of I don't want this to be a loss later I want to make money off this machine"
Pending
The speaker is testing the viability of selling items for 50 cents from the vending machine, noting that it has been a while since such pricing was common.
"we're gonna see if we're gonna see if we can get this machine up and running when was the last time you saw one of these for 50 cents it's been a minute"
Pending
The speaker wants to determine the sales volume of the new discount vending machine, especially in comparison to their existing machine selling near-expiration products.
"I'm really interested to see once we get this set up how much volume can I do if this one starts selling like gangbusters compared to my other one at a discount selling products that are on the verge of expiration"
Pending
The speaker plans to observe and report on the real-time performance of the vending machine business.
"we'll see in real time what happens so I've got to make a piece of advertising"
Pending
The vending machine's internal system will accumulate change, potentially delaying the need to collect cash for 50-60 dollars.
"it will actually build its own change register up so it'll actually hold like 50 60 worth of money before we start getting Surplus so it might take a little while to start getting delicious buckets of quarters and whatnot"
Pending
The speaker aims to achieve higher profit margins with the new vending machine in the laundromat compared to current snack sales, especially given the rising cost of candy bars.
"I really want to see if we can make more money at a higher margin at the laundromat as compared to current snacks because we're at the verge of me having to spend 80 cents on a candy bar"
Pending
The speaker prefers acquiring bulk gummy bears for 15-25 cents and reselling them for 50-60 cents.
"I would much rather buy a bag egg gigantic gummy bears for 25 cents 15 cents and sell them for 50 cents 60 cents anything else"
Pending
The speaker offers coaching and training for individuals interested in owning laundromats, real estate, and the businesses themselves.
"owning the laundromat owning the real estate and the business itself if you've ever watched one of my videos and said you wish that you were being the guy getting the quarters dumping in them in buckets I do coaching and training investmentjoy.com"
Pending
The speaker provides weekly group coaching calls and one-on-one sessions for those looking to acquire laundromats, car washes, or apartment complexes, with unlimited training until business closure.
"I do one coaching call week with everybody and then I do one-on-one calls with everybody that is wanting to get their own laundromats or car wash or apartment complex you get training that's pretty much unlimited to you close on your business"
Pending