Buying Income Producing Assets - Danielle D. Hughes

This is a clip from How To Make Vending Machine Money - Episode #96 w/ Danielle D. Hughes

Forbes 30 UNDER 30? Yep! Danielle D. Hughes, Author of ALWAYS MAKE YOUR BED, and founder of ELITE GLOBAL UNIVERSITY stops by to talk about her journey to Forbes (and all of the stops and steps along the way ). News Anchoring, Business Partnerships, and Personal Development.. she goes in on it all! Tune in! She’s definitely Social Proof Certified!

Join David’s Morning Meetup For Just $1

[Louiearevalo]

The Vending business is good! My uncle was a tech/owner in SF and raised 5 boys with that income. The SHOCKING thing is that Donni has a daughter old enough to be in college!!!! Wow!! Keep it up D.

[marcusbucknor]

This was my favorite. I started my vending business with $300 because of this.

[GiselleGetsItDone]

Danielle is the absolute best! Found her through Tiffany LaToi (another young bad ass boss killing it that y’all need to feature) & been in the game every since.

PS - Danielle gets best dressed too. The boots are giving rich auntie vibes! Here for it !

Waydamin—— daughter in college ? Noooo! Girl, I thought you were in your early 30s! 😍

[boostyourcreditscore]

Thanks for posting. I started a vending machine company. I purchased dirt cheap machines from a friend. It was very difficult and short lived. My other businesses are going well. Great pod.

[CaseyBurnsInvesting]

If you don’t learn to make money while you sleep you’ll work until you die.

[tavaresjwilliams]

I work for vending company. I would definitely invest in a new machine. Those old ones always have the issue. Kind of like a old use vehicle. It's just outdated for the most part. My company is definitely swapping them out with new machines in high traffic places

[SwanBaby]

Oh my-I loved it from the first minute. I used to place Pepsi machines. (ask companies if they'd like a machine). This will so work. I love Snacks and such variety in snacks these days! I love it😍

[yeshuarising]

Crazy I wanted to do this and I spoke to a friend about it and he discouraged me about it..that it won't work and rather stole the idea. Crazy...thanks for your gems

[s.s.]

i’m going to seriously consider this business as i look more into it.

when she said “where else can you spend 20 mins/40 mins and make $200?”,

i just had a flashback to all the times working at the strip club, how customers always try so hard to pry for my real name. i charge them $20 per letter of my FAKE “real” name. so i make $180 off of each one in a matter of less than a minute.

after my next shift, i’m investing that money into vending machines.

this was so great to listen to. thank you all so much for your wisdom

[mystrodds]

Did this business. It is all about the essential locations. We had issues with places like jiffy lube and mechanic shops breaking into the machines and lying saying customers were doing it. But outside of that places like a domino’s pizza during the summer when kids work was 🤑🤑🤑🤑🤑🤑

[Madams.Luxe.Attire.Finance]

Iam already in the process, im so happy I came across this video. 1st. I thought it had to be new. Lol .

[pinkkrushvelvet]

Big ups to Danielle for the social currency!

[KARIMALH]

Do you have to pay the location to rent space for the machine?

[angecarrisales]

Doesn’t seem like a bad idea at all 🧐Expecially the “not just candy” idea but other stuff like mask or something else, seems interesting

[orian]

Are vending machines still a thing? I don’t remember the last time I used one.

[bradynields]

Holding bitcoin on a platform like Nexo can earn you 4% APY. If you want to keep it in a stable coin you can get 8% APY. Earning interest isn't the same as a vending machine but it still an asset!

[NinjMMA]

Where do you get the initial capital ?

[MrHealthWellness]

Be careful kids. Vending business is not stable. Conditions can change on a dime. Average life of a machine in a location is less than 2 years.

[I_Am_The_Barz]

Where's a good place to get goods for the vending machines? 🤔

[valenciaify]

Great idea! Thanks for sharing. Do you get your snacks from Costco?