Go show love to The Young Entrepreneur here kzread.info

@Just_TYE

3 жыл бұрын

I appreciate it bro

@ReyesTheEntrepreneur

3 жыл бұрын

@@Just_TYE thanks for always showing love

@LetsTalkAboutIt2022

3 жыл бұрын

I will sub to your buddies channel... I am trying to do the same so I know the struggle. But showing support is free so why not support as many people as we can...

@jackmeow8842

3 жыл бұрын

The thing with vending machines is you have to look at it as an investment not a quick money maker. You need to very selective with your locations pick places you go to anyway. Think about the money spent as money put into a bank. But you own the bank and have to care for your investment a few hours each year.

@UniversolTV

3 жыл бұрын

I look up to you Reyes! Im naming my baby boy Rey!

If youre going to get into vending, do full line drink and snack. Secure a location, then buy a machine or 2, refurbished from a company. Not the public. The company will deliver to your location and give you information on maintenance and setup. Location is what matters. You want 24 hour companies with 100-300 employees. Make sure your machines have CC readers. It increases sales. Know how to do your own repairs. Stick with 1-2 brands of machines for drink/snack or combo. If you got to do repairs, you'll know how. If there's any jams or anything else, you'll have the know how.

@buckadillafilms

Жыл бұрын

Better advice than this whole video. Thank you for sharing

@reviewsjustcuz1437

Жыл бұрын

@@buckadillafilms also, one of the city buildings have all the info on up and coming businesses in your area. If you call them. It's public information. You can contact those companies and try to land a contract before they open.

@buckadillafilms

Жыл бұрын

@@reviewsjustcuz1437 That's a seriously good. tip. Thank you again!

@ultimatebuckeye

Жыл бұрын

high schools as well are the best locations imo.

@williamdunlop8191

7 ай бұрын

Agree. However, I have been in the vending business for 20 years. In So Cal getting those plus employee locations 24/7 are the holy grail . Good luck It is like hitting the lottery . I had a few and Coca Cola and Crane stole them from me with bribes It can be a nasty business Trust NO ONE

This dude said OnlyFans didn’t exist back then. Loooool.

@jossa942

3 жыл бұрын

I know right

@shootmovecommunicate3322

3 жыл бұрын

🤣🤣

@ProfeFut

3 жыл бұрын

That shit had me dying

One of the worst things is when a business calls you and tells you to remove your machine TODAY

@tommyboy1986

10 ай бұрын

thats why you have them sign a contract in the beginning that states you have 2 weeks or 30 days or something to remove the machine if the business request it to be removed.

The same people calling you out for quitting are the people that will never buy their first machine

@john-xh3ut

2 жыл бұрын

Facts

Reyes quit because he started making that KZread money .

@wileecoyote5749

3 жыл бұрын

He gets $500 for every 13 views

@yaboiavery5986

3 жыл бұрын

@@wileecoyote5749 if thats correct he made 2 million from this video, stop spreading false info.

@blackwaltz3135

3 жыл бұрын

he made a video about this, he makes about 5$ every 1000 views

@yaboiavery5986

3 жыл бұрын

@@blackwaltz3135 which is still above average cpm

@melvinyoungboyz7734

3 жыл бұрын

@@wileecoyote5749 ok stupid

That was the funniest phrase... "Maybe you could pass it on to your kids, so they can hate life!" 🤣🤣🤣🤣😂😂😂

@qxpn9220

3 жыл бұрын

😂😂😱😱😇😇

@juanrios2119

3 жыл бұрын

IA was brushing my teeth and he said this... Spit it all out lol

@christianmoreno974

2 жыл бұрын

Im dead lol 😂 great quote

@kal-elthelast8834

2 жыл бұрын

😅 Smh

@johnstewart4209

2 жыл бұрын

It was sooo funny

I think vending machines are a win win. IF you have the right locations and proper retailers. Get those 2 things straight and you can't lose. It's not a get rich quick business, but the profit is there.

@Jooffee

Жыл бұрын

I would not trust the civilized people to treat the machines fairly with respect

@msmaria5039

Жыл бұрын

Yeah, locations first then get the machine.

@polls.

Жыл бұрын

I live in the 4th fastest developing county in America and a twenty minute drive from the largest city in Florida as well as having relatives close to the beach-side part of the city and a fifteen minute drive from the oldest continually inhabited city in the nation so I gotta try this.

@richardvotla

Жыл бұрын

It is the best way to start big business without any loans

If you have the money to start one with good locations I definitely recommend! I work for a guy that owns 150 machines and it's well worth it!

@kenlawdhammercy5804

2 жыл бұрын

150 machines is no longer passive that’s a full time job to manage

@amt-tyn-teen3669

2 жыл бұрын

@@kenlawdhammercy5804 If you are talking Full Line Yes. If you are talking Bulk - NO! Shelf life for bubblegum is 2 - 3 months. Once the machines are placed you are servicing - cleaning the machines, checking for ants, making sure the machines aren't facing sunlight, building good customer relations. You have a route and make your route work whereby you check on your machines every 15 days. Some people do every 30. I like 15 because if you have a bad machine, you find out about it in two weeks and rectify as oppose to 4 weeks. Another thing is you invest in solid machines like Beaver. Cheap machines will cause you to work harder, not smarter. Experiment with pricing. I might charge a dime for my products depending on the location. I once had a bulk dime machine at a dry cleaners just for employees and it cleaned up.

@edgarmontano473

2 жыл бұрын

Just sounds like a complainer giving all the reasons of “why I don’t want to work”

@gregkareem9824

2 жыл бұрын

How much profit he makes? Lying bro

@Byteable

2 жыл бұрын

@@edgarmontano473 not complaining. The point of having a vending machine business is to have semi-passive income while focusing on other bigger business

I'm tired of people saying that locations is hard to find! When starting a vending business make sure you go ahead and have contracts wrote up that you and that location sign say 3 month contracts and you pay the person like $50+ depending on vending machine that your using. This means the person will only get $50 plus in a month you will probably not make money but the next 2 months is profitable. But hey got to be smart with a business. Cause a business is about making profit not going broke.

@combatcarl

3 жыл бұрын

Contracts are risky for the vendor as well, if you set up shop in a bad location youre pretty much stuck taking the loss until the contract is up.

@GeorgiaMade404706

3 жыл бұрын

How many machines do you have?🤔

The vending machines is what introduced me to your channel, crazy its been 2 years!

@big.rainey9360

3 жыл бұрын

Same bro he really inspirational

@thisguy4614

3 жыл бұрын

Yep. He keeps me motivated. Inspirational guy since the moment I saw him living out of his car!

@JohnSmith-er7dw

3 жыл бұрын

@@thisguy4614 living out his car???

@thisguy4614

3 жыл бұрын

@@JohnSmith-er7dw kzread.info/dash/bejne/qKSaupKxkbfVcbg.html yeah man. He made several videos about it. He still references it sometimes. Anybody able to make it through that kind of struggle and keep going with optimism is pretty inspirational.

@davontravier

3 жыл бұрын

Fr

I've been watching you for almost 2 years now and you always have the same energy and good vibes. Keep it up brother

I don't know anything about the vending machine biz but I do know this video has some very valuable lessons that could translate to any other business. I'm actually glad to see someone put so much effort into something (even if they found it wasn't the right fit for them) instead of doubling down on something that was making them miserable. The modern entrepreneurship glamorizing of "the grind" makes people feel too ashamed of just walking away and trying to find something that's a better fit for them. Keep doing you, Reyes!

There's nothing better than honest information. It saves people years of their life.

Thanks for keeping it real and not sugarcoating it. Just ordered a few money making machines and got some possible locations and I asked around a lot. I hope I can make progress with it

@dsa8348

2 жыл бұрын

How did it go?

@joelunderhill126

2 жыл бұрын

Yeah We need to know!

@ParablePreacher

2 жыл бұрын

Updates on the machines?

@jakesmith-bs4jd

3 ай бұрын

How’s it going

I’ve been thinking of trying this. Thanks for providing your summary on your experience!

Well that's your decision man. I'm not going to stop growing my business until I make bank. There are pros and cons to any venture, but there is money there if you try hard. Well I wish you luck on future ventures.

@Qbdoesit24

3 жыл бұрын

🙏🏾

@djocharablaikan8601

Жыл бұрын

Respect bro

@Heyethann

Жыл бұрын

respect

@dndavis7403

Жыл бұрын

Amen

Vending machine business is competitive. You have to be at the top of your game. Their is a lot of money to be made but you have to go big or go home.

Universal Business rules, doesn’t matter what the business is. It applies to all 1)- You Need a business model. (More than buy this put it here and start collecting. That’s a severe over simplification of a business model. It must be; Well designed and thought out to every degree, making it bullet proof as possible... 2)- Need to accurately calculate your ROI, P&L, Margins, Operating costs, Cost of goods sold, Inventory, and Products.... 3)- Need to do a lot of homework, gather data, you can’t wing it... 3)- Know your competitors and formulate a plan to beat them 4)- Any business has start up and investment costs that take time to recoup, patience, planning, and fortitude... 5)- Have a plan; 6 month, 1 year, 5 year, 10 year, if the tides change or anomalies appear have solutions to be able to roll with the punches (what if’s , plan B, C, etc.)... 6)- Be different than all the others, have a “hook” , that makes you more attractive than others, and peak interests of the “No” people.... 7) Last but not least, you must recognize that you’re in the Service Industry. You must sale yourself before you can hope to get a foot in any door. Nothing comes easy, nothing comes cheap, and your biggest asset along with your biggest limitation is yourself. No regrets, at least you gave it a shot which is way more than most can say.

Like many we found Reyes because of the vending machines. Here is to many more hustles!

@ReyesTheEntrepreneur

3 жыл бұрын

Appreciate you for understanding my decisions ❤️

I used to work at this local auto shop and there was this candy machine that the workers would flip the machine over and shake it until candy fell out of it. I felt bad for the guy because he wasn’t making any money out of it. I hoped he moved it away from there. Just gets to show what people would do to your machine when your are not there and also why I’m skeptical about running a vending machine business.

@allantait7053

2 жыл бұрын

I know someone who bolted it to the wall with to by four

@deefuze1151

Жыл бұрын

That's actually not possible to tip it over and get candy that way, because of the way it's designed, (trust me I have one). There's only 2 ways to get candy from the turnstile machines, through the base that has a failsafe that won't open unless money is inserted which allows the crank to turn and drop a small amount of candy. The other way is to have the key to open the top lid where you fill it. Of course the third way is to smash it with a hammer. But it's literally impossible to get candy by turning it upside down. The best you would get is candy dust or crumbs if even that because again, the internal mechanism is completely closed unless money is inserted. It's literally impossible. Do you think they'd engineer something complicated enough to recognize you put enough quarters in to free the crank spring to allow you to turn it and allow just a small amount of candy, and yet not think about how to keep someone from flipping it over and stealing candy? Come on man, I call b.s.

@stevesalvant80

Жыл бұрын

The best way of running the machine is to refurbish and sell them

@jayc4715

Жыл бұрын

@@deefuze1151 it's ez..you just rock it back n forth..

@imnitguy

Жыл бұрын

@@deefuze1151 That does not stop the 13% from trying however..

REYES IS SO TRANSPARENT AND GIVING OUT SO KUCH VALUE MUCH LOVE FROM MALAYSIA 🇲🇾 THANK YOU BROTHER REYES

I just bought a old chip and candy bar machine from this dude who owns a laundromat. His machine was always empty because he was sick of dealing with it. Nice dude and he's letting me keep it there.

Love your honesty and simplicity Reyes! Keep it up!

I feel like you need to have a couple of homerun locations, like schools or big companies. Places where you make a lot of easy money. Then I'd do all the smaller locations ( not a homerun hit but more of a single or double). If you have several profitable locations, you can hire someone part time to service the route. Not worth hiring people if you are making 20-30 bucks a month on a location. A Business is a formula, that you can remove yourself, plug in an employee to run it, and be successful and profitable.

@Kai-rs9po

3 жыл бұрын

Yessirr💯🔥🍞

@justincaldero5174

2 жыл бұрын

You have to have to be generating atleast $100,000 in revenue to justify paying somebody to run your route for you, especially at 20-30$ per hour lol Then you have to go through the hiring process and keep close eyes on them. Not to mention the insurances you would have to provide. Definitely not "a few profitable locations"

@ultimatematty

2 жыл бұрын

You'll have to put wifi on your machines to check $$$ and inventory if you're gonna have someone go pick up cash for you. If you don't know the dollar amount they're supposed to be getting out of a machine and how much product goes back in, how will you know they're not stealing from you?

I have 20 grand to start a snack/beverage vending machine business. I know you have to be in it for the long run before you start turning in profits. You need to have good high traffic locations with more than 100 employees in them. I know you need a lot of vending machines out there too. (34-68 machines) You need to invest in the newer updated vending machines too. It helps out a lot with inventory and sales. I know you need a Van, heavy duty moving equipment and a trailer. Also, you’ll need a storage garage. I know the machines break down sometimes and you need training to fix it or you pay a technician to fix it for you. I’m not being mean but the cons you mentioned are expected. I feel like you gave up too easily. There are others out there who pushed through the 3-6 year grind and they are seeing the profits now. Just like any business: You do not pay yourself until you have grown your business to a good size and paid your debts off.

@jakesmith-bs4jd

3 ай бұрын

How’s it going?

Great content thanks for sharing!

You crack me up ! I love your HONESTY ! Thank you !

Thank you Reyes for the motivational quote at the ending. It gave me that boost I needed 👍🏼

I was looking at buying a couple, thanks for the video, going to look for some locations first. Appreciate the honest advice, very rare

A smart thing you could have done was buy the pallet mover thing for 300$-1000$ then after your done using it rent it out to people for a day at a low price so it sounds like a good deal to them so they won’t have to buy one and just continue to rent it out

Your an awesome person bro, keep up the energy, love it 💛👌

We appreciate you Reyes. 😎⭐👍

I agree, I was trying to get into the vending machine business, and I started cold calling only good locations, Corporate buildings, warehouses, hotels, etc.... and the first day i called 10 places and most were rude to me and wouldn't even let me speak to a manager. If you are a good sales person you may have better luck, but its not an easy thing talking to these people on the phone (they treat you like a telemarketing call). I may try another 10 cold calls or maybe some advertising on social media, but I am starting to see the hassle of even getting 1 good location.

@hollyo.7651

Жыл бұрын

Try business to business sales. That's how I got my first yes. I bought a vending brochure for $30 from a lady on KZread and business cards for $12. Makes you look professional

@Heyethann

Жыл бұрын

@@hollyo.7651 who u bought them from?

@hollyo.7651

Жыл бұрын

@@Heyethann Letsjazzitup. She's on KZread

Bro you bought em used without having locations first that's the issue. Thanks for the VALUE! Appreciate your content.

I think another good place would be Tire and Oil shops where people will be waiting for their cars or car dealerships as well

You are really funny bro. Very nice how you talk openly about your attempts, success and not getting the full results you were aiming for. You are blessed.

50 seconds into the video, and I automatically liked and subscribed. His energy is just dope.

Love your videos bro learn a lot 💯

I loved this video thank you 🤣🤣🤣😁💕 this was very helpful 🙏🙌

... gaining weight from all the products I ate! 🤣 🤣🤣💯

Wow! Your video is a real eye opener! Thanks for the invaluable info bro!!!!!

A hair salon? An auto store? It's no mystery why he made so little with the gumball machines. Seek out high-traffic locations that children frequently visit.

Bro I love this guy😂🙌🏾 Just found you man great video!! New sub for sure😎

Ur vending machine vid is the one that brought me to ur channel 2 yrs ago

@tarickpersaud6761

3 жыл бұрын

Me too

@SkateAndReview

3 жыл бұрын

tarick Persaud me three

This video was super funny and informative! Great work :)

I really love the gumball machine video Two years back I see your video and love them

Thank you so much Reyes i greatly appreciate fully

Great video Reyes! I'm just getting started in the vending machine business, I traded a bag of Doritos for a snack machine so I have nothing to lose. Hopefully it goes well

@Khayran

Жыл бұрын

Wait what, a bag of doritos for a snack machine? How?

@RevelationofYahjew

Жыл бұрын

Nope, you have to tell that story😮

@foxmulder7616

5 ай бұрын

How'd it go? Lol

Great memories!!!! I remember watching those vending videos I almost thought about trying it 😂😂 then I thought about my area and was like nah I’d also be wasting the gas

You seem hella genuine. Wish you success in your endeavors

Thanks for the shout brother. Everybody hit that thumbs up button for the homie Reyes!

@Kai-rs9po

3 жыл бұрын

Aye what's up chrome

@ChromeVending

3 жыл бұрын

@@Kai-rs9po Everything is Fantastic! How are you?

@Kai-rs9po

3 жыл бұрын

@@ChromeVending tryin to start a vending machine buissness in a few months by age 14 as another side hustle to invest more in the stock market

@ChromeVending

3 жыл бұрын

@@Kai-rs9po That's awesome to hear. As long as you take the time to educate yourself financially you will be unstoppable with such an early start.

@Kai-rs9po

3 жыл бұрын

@@ChromeVending Exactly, self education is key

Thanks for sharing the pros and cons of the business. I'm wanting to get into vending machines and give them a try 🤷‍♂️, we'll see how it goes when I do

@imasuburbandude299

2 жыл бұрын

Howd it go?

@JonsDailyHustle

2 жыл бұрын

@@imasuburbandude299 haven't done it yet. Got to busy with lawn care and landscaping business haven't had time to think about anything else lol

@imasuburbandude299

2 жыл бұрын

@@JonsDailyHustle completely understand lol😂

Just found your videos you're hilarious man thank you for the free knowledge

Reyes, you will always succeed because you hustle. Can’t keep a good man down!

thanks for being transparent

Much love 💯♥️

I love your videos!!

Hey 👋 you’re such an amazing person! Love your spirit! 💕

“Pass down on your kids so they can hate life” 😂😂😂BRUH I CANT WITH YOU

Awesome stuff man keep it up.

Dude you crack me up.. thanks for making this video entertaining with your expressions.

“It’s a good business, that maybe one day you could pass onto your kids, so they could hate life” Understood, subscribed

@Shayvideos1

2 жыл бұрын

Lol

@koldkasefase3368

2 жыл бұрын

😂😂😂

The saga has finally ended R.I.P vending machines

@JDB-ru4lp

3 жыл бұрын

This guy, the saga has ended lol hilarious

“Passive Income” has become the new hot topic. There’s no such thing as passive income unless you’re collecting dividends from stocks. Other than that, you’re gonna work, but you’re gonna do it on your time.

10:21 "with your wewitos" 😂😂💀 keep up the great work Reyes!! Love your videos man!

“...Bag of chip got stuck, it’s breaking up marriages “ 😂😂😂

😭😭😭😭😭 yo real career is definitely comedy bro I’m subscribing

Gotta secure the location before you buy the machine

Yooooo. Im about to get a vending machine and boom this showed up! Thank you!

@ReyesTheEntrepreneur

3 жыл бұрын

Hope it helped

@chos3non348

2 жыл бұрын

Same here now having doubts after hearing your experience Reyes

Remember when Reyes got into the jump house business ?! Good times good times!

😭😭

@TheTjw89

3 жыл бұрын

****second

@WanderingVeteran

3 жыл бұрын

I know right...

@henrycollins2478

3 жыл бұрын

Hi jaime love you man

@amannambiar3079

3 жыл бұрын

Oh man Jamie

@ChromeVending

3 жыл бұрын

Yeah bro! I miss watching Reyes' vending videos!

You’re a real one Reyes!

Once again, great video man 👌

Thanks for your honesty

Vending machines are going to have Bitcoin one day

@sonyacorrea6926

3 жыл бұрын

They already have them. A couple years ago I seen one in a 7-11 and thought it was pretty cool.

Interesting stuff. People really do not understand how hard it is to run a business. When you first think vending machines it sounds easy but like any business there are a million things to do. Moving huge heavy machines is dangerous and after a while you would be playing the odds for sure. Plus in the COVID age I doubt vending machines are thriving. Thanks for sharing your journey with this business man.. been watching for a while and wondered what happened with your vending machine business.

I aint gonna lie tho, wasn't for you i wouldn't know about the atm machine business and candy's machine business when i watched you 7 months ago. Thanks man.

1:20 for a South Park moment "Oh, I'm sorry! I thought this was America!"

Hey man! Where have I been?? Just subbed. Take care boss!

You needed the machines that has the laser eye. It gives the money back or let them choose a different selection.

"Land of the Free.99" love it!

@brandomcastor2951

3 жыл бұрын

That’s socialist

@DUMPSTERDIVINGADELAIDE

3 жыл бұрын

Black Tube - Australia is the land of the free, totally & Covid free as well We don't have riots, we all help each other, God bless Australia 🇦🇺🇦🇺🇦🇺🙏🌏🙂

Lmaooo yo you’re hilarious, love your energy 😭

Good info.

Great advice ... and funny! Reyes belongs in show-biz! Bravo, amigo...

just sharing some experience for VM business 1. location (traffic) i only put my VM at university ,college student, factory (at least 1000 people n above) 2. Survey- i prepared at least 100-200 survey form to ask them (student or workers) what they want so product will selling fast 3. payment system- cashless only(less headache) 4.route - dont just buy route, me personally will try my best to get from building/business owner directly. make sure your route not far away from each VM 5.ads- you can put ads for small business on product (canned drink) i used this ads at least to pay rent for my VM and last, this is not passive income. it a good business with less employee and very easy to handle😄

I sold my vending machines after 8 years. It was fun while it lasted and I made good money, but it was time to move on.

@Shahriyor_549

2 жыл бұрын

Why ?

@jayc4715

Жыл бұрын

What did you move on to?

Thats why u give them a 20% cut. Build up over the years and you have 3000 machines

That’s nice of you to give them for free to the little ones start their own lil business

WASSSUPPP REYESSSS LOVE YOUR VIDEOS 😁

@ReyesTheEntrepreneur

3 жыл бұрын

Thank you

He is right, I work for vending company. It's a lot people don't consider when getting into vending machines. The biggest is location. Also the more machines you got. Then you just created a job. Nothing passive about that

This is funny lmao great vid g

Been binge watching your videos man you make me laugh too much😂😂

@pnwracing480

3 жыл бұрын

Jared The Savage Same here!!! Lol

I am about to start my vending machine business. Mine is a massage chair! Got great deals from Gagake Spa Technology. Excited to start this new business!

You really say the true.thanks it give me light.

Thanks for the open and honest opinion here. I am looking to get involved but I am going to get an Ultra Lift and a few other tools that will help me ensure success. It is all about the right tools, no?

4:50 😂😂😂 That happy face!

Yooo... as a fellow vending machine route owner who is trying to sell out...I can't give this vid enough thumbs up!!! I can relate to EVERYTHING you're saying and you're speaking nothing but TRUTH!! Thanks for all the great tips and knowledge and documenting your journey. Much success to you. Btw, you know anyone who wants a route on the east coast?! HAHAHA!

@Hottest-in-da-Hood

3 жыл бұрын

Where in the east coast?

@hammondb32

3 жыл бұрын

@@Hottest-in-da-Hood Virginia

@davidsvir9756

Жыл бұрын

Where in VA? Still available?

@hammondb32

Жыл бұрын

@@davidsvir9756 yes sir - Stafford, Fredericksburg, Quantico, and Orange VA

@davidsvir9756

Жыл бұрын

@@hammondb32 Unfortunately, I live too far away from those areas.

Do a video with Jamie Ibanez on how much he makes with his vending machine business!! Will be so cool to see another side to it

Dude Reyes is so underrated dude is so funny 😂😂😂😂