Work less, get paid more

If you will read my previous post with the deposit slips, you will see that my gross revenue over the last two weeks was $15,500.  Since I only put 34 hours into stocking machines, that amounts to about $456/hr.  So, I did leave a couple of things off.  I did receive a beverage order (taking about 1 hour), I loaded my truck twice (about 3 hours total), and performed a couple of repairs (about 4 hours).  That is still an incredible amount of money for the time you put into it.

Can you live on this type of revenue?  I would say so.  I’ve owned this business for nine years, seven of which have been full time without the need for another job.  My wife does not work since we homeschool our children.  In 2006 we had saved up enough money to purchase an auto repair franchise, including real estate.  Also in 2006, we built a home.  During this time, all of our bills have been paid, racking up no personal debt (other than the mortgage).

If you are looking for a get-rich-quick-scheme, this is NOT it.  If you are looking for a long-term investement in your future, or a vehicle to get you to the next step in your life, then my business could be for you.  Maybe you just want some extra money to buy some toys or travel.  Maybe you want to spend more time with the family, or would like more time to pursue your hobbies.  If you are looking for a good return on your investment, my business can help you accomplish that.

Click here to play “Money from the sky game.”

Sample work weeks

One thing that I will teach you about the vending business (as with any other business, for that matter) is that time is money.  Ever since I started this company (9 years ago), the vending industry has been experimenting with electronic data capturing devices to improve per machine sales, improve route accountability, and improve overall efficiencies.  Any equipment currently on the market is priced beyond the reach of most companies.  Even large companies struggle with the expense of such a system.

Nevertheless, if you could figure out a way to only visit a location when it is just about to sell out of a product, then that would be the most efficient time to service that particular machine.  If you decide to visit locations every week, for example, you will find that there are many machines that will only require a minimal amount of restocking, or no restocking at all.  That would be a waste of time, fuel, and unnecessary mileage on the route vehicle.  On the other hand, if you could visit machines and stock eight or nine cases of soda without having run out of any product then that would be ideal.

I have designed my route as best as possible to not make unnecessary trips, but to ensure that I don’t have product selling out either.  There are numerous accounts that I visit weekly, and many accounts that I visit bi-weekly.  There are several more that only require a visit every three or four weeks.  In so doing, two weeks out of the month are pretty heavy and the other two are lighter.  Let me give you an example: