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Vending Machine-The Vision - Coggle Diagram
Vending Machine-The Vision
Why this business??
Low startup cost
The startup cost for a used machine can run $1000-$3000. Unlike other startup business this is pretty cheap to get going on your own.
Low involvement
Starting out you wouldn't have to hire a team of people. A business like this you can do on the side, and once you grow you can do it full time.
Low Risk
Since the start up is so low, if you don't make a profit in the first year or you decide to change course you wouldn't be out of much money since the startup cost is low.
Flexibility
Potential Growth
You can grow this business as big as you want. Owning multiple machines in great traffic areas, is wants going to bring home the money.
How can this help achieve goals?
Personal Goals
Flexibility- I want a career where I can be flexible. To me family is everything and while my daughter grows up I want her to remember us going swimming or going on a bike ride. I don't want her to say mom worked so much we couldn't enjoy the small things.
Travel- Seeing the world is something that is so important to me. Knowing that I can see world without having to worry about PTO or scheduling time around Co-workers is something that I will look forward to.
Journaling- I believe in the power of writing things down. My personal goal is to be able to manifest things, by writing my vision down on paper and speaking it out loud.
Financial Goals
Financial Planning-
Set goals.
Maintain discipline.
Review progress.
Charity
I would like to a portion of my income donated to charity.
Invest
Invest in portfolios
Invest in retiement
Professional Goals
Grow to have hundreds of vending machines in the Indy region.
Invest- I can invest into other avenues of income.
Retire at a young age if I want.