@@schmeahdaleah2596 There are banks that have coin counting and coin rolls for free and just about any bank will exchange coins. Gas is insignificant, you're not going there every day. He went after a month and half the gumballs were still there, you could go every 2 months while you're in the general area.
I tried this but most places that u want to put it will charge u. Usually a small monthly rate to keep it in there store. Just depends on location. Laundrymat was a good idea tho
@@tsaoh5572 Then you convert those quarters into pennies, and then you melt those pennies down illegally into copper ingots, and sell those copper ingots instead, and you've made 2.3 times the profit.
@@livedandletdie For you to make an actual ingot you'd need a lot of pennies. You need about 50 just to make copper the size of said penny. Plus, the process of melting it and getting rid of everything that isn't copper is probably more expensive than what you'd get from the pennies, that's if you find someone willing to buy illegal copper for some reason.
@Limited_Shower. One day he'll sound like James Earl Jones while talking about flipping buildings, bankrupt businesses and getting BJs off camera while we'll still be raving about how cool it is to play retro Nintendo switch games in a Goku costume.
If you think about it get enough of these or other machine types setup around town you could make some decent cash over time after awhile and if you saved the money you could always get a soda machine setup somewhere with decent traffic and really make some cash.
This immediately brought memories of thomas & his devious plans against Jerry. Hilarious AF. Thanks Tom & Jerry & Spike & Thanks to u from bringing back those memories
The best part is that it isn't a commercial grade gumball machine so the top doesn't have a key lock. Anyone can come in and twist off the top and take gumballs for free or your quarters (or both).
I got a candy machine at a yard sale and took a couple days to get the coin slot to work. Cleaned it all up and put a pile of quarters by it only to watch my wife and kids unscrew the top and get the candy.
Great to see a young man so interested in business and marketing! You have a real talent, as someone whose educational background was business; youre going places . My suggestion would be to set your sights higher , while keeping your costs low as they are now.. and always reinvest into your businesses! Goodluck man!
Agreed. Percentage roi is great but need a higher price point. Considering the effort and the cost of labor, lol, he's making big bucks a couple hours work
$30 a month for a $90 gumball machine is pretty damn good. You have 20 of these and that's $600 a month for going to those 20 places one every month or 2.
He said 5 cents per gumball so instead of figuring out how much it cost to refill he just averaged out a 20 cent profit per ball and that cancels out cost to refill
You’re literally like the only guy that actually gives accurate statistics for videos like these. Other people just have $300 in a vending machine and say they profited $300.
☺️ I run a gumball machine business and have to count the cash in the back of my car as I pay the stores a share for letting me have it there. I cleaned out underneath my back seat the day and banked $150 in spare coins that had slipped through the cracks. It's a great savings plan.
I am 13 and have my own gumball machine, I got it for free and just bought gumballs off of Amazon for $18 so far it hasn't been to bad, my dad is friends with the local pawn shop owner so I have it in there, just telling people out there, you shouldn't expect $30+ each week, you should honestly be expecting $10+ a month, I normally make $15 a month, it mostly depends on yoyr location, this dude is lucky he got suck a good paying location, I am saving up to buy another machine so wish me luck.
Back in my day, it was all about the “lil homies” action figures in the taco shops Edit: Little Homies Documentary- ruclips.net/video/ORE2kqA1HD8/видео.html
You must of found the only establishment that said "Sure you can put that gumball machine in here, hell you dont have to even give us a cut because we just like you that much"
Honestly I know a restaurant owner who would let my mom do that because he has gone on small trips with my parents😂😂. Can’t wait for his Mexican restaurant to fight his jerk brothers takeover opens up
Actually most places with gumball/vending machines arent getting a cut. Its seen as essentially an added service which increases customer experience, making them more money in the long run
@@JasonEllins when I was a kid I just cut out those circles from pizza boxes and sometimes other ones and it somehow worked only on gumball machines tho vending machines need real money
Till this goes terribly wrong and its suddenly clear it was weak and foolish to take the risk. But, the upside is whole mouth tooth replacement has gotten VERY affordable these days.
We have one at our store. The provider takes a 80% cut, And there is 80 small containers in it for £1 each, We sold 1 container this month so our cut is about 20pence...
@@blest5132 Yeah but this machine was free, So the guy drops it off free of charge and refills it and cares for it himself and at the end of each month we get a 20% cut, pretty fair deal for having to do zero sales/maitinance but its not very profitable it seems. And we are a beachfront popular ice cream shop with lots of kids coming through :/
lol you can't charge a rent fee on a gumball machine, it's pointless. gumball machines pull in on average $10 month per head. what you can do is ask for a percentage. i norally offer 10-15% to a business when i try to place a machine. sometimes 20 if i really want the spot, and if it's babtting cages or something, i could even offer 25. i'd never do rent though
Well he was talking about gross profit. You can later subtract the admin cost of labor and driving to location. Space rental etc... Then subtract the depreciation cost of the machine. For ex it's $90 and works for 5 years. Then it's ($-18) per year cost..
@@fedos there is no labour to pay unless he has someone working for him lol and no milage cost. He got to male profit from a product HE owns and they let him place and sell for free. Blame to taco shop for not charging him 20 bucks to put it in there 🤣
@@dubbkenobby6542 1) I was obviously not referring to labor. If you don't know what the terminology means then refrain from commenting. 2) He hasn't made any profit. 3) I'm not blaming anyone for anything. The taco shop charging him will just increase the time before he turns a profit.
Honestly does it matter how old the gumballs are? It's not something I've ever thought about in my life. It's not like it's food, it's candy. I'd be more worried about the covid aspect tbh.
@@owenlawson6925 you put "not gumball" in it, child gets it, something bad happens. When it comes time for the parents to sue the lawyer isn't going to get anything from this kid, so they're going to go after the establishment where it was located.
Profit is after break even so you have to pay for the spot rent and the machine you bought and every profit after that is actual profit before that it’s called a loss
Don't listen very well....first thing he said while filling the gumballs up...."taco shop near my house let me put it up for free" lmao......so....no......no rent. 🤣🤣🤣
@@salma_Nella22 You'd be surprised, not much profit to divide but the/e customers kids love them....so I don't imagine many shops would be opposed to it. Obviously there are selfish shops who would say no....but I bet more say yes.
In 6 months when the business owner realizes their restaurant tables, exterior and surrounding sidewalks are covered in dried chewed bubblegum that they have to pay to have powerwashed off u gonna be outta luck
@@ih2792 nobody said it wasn't a simple calculation, and yes it does sound like a problem in textbooks. Almost 160 people agree with this individual about that. Nobody said it was hard at all, and most of the time when you find something like this in a textbook, it's not hard. This person's statement was pretty accurate.
I mean its per each one though so if you had enough of them maybe it could be a significant ammount + its just like a few minutes every 2 months per machine so you really dont have to do anything
@@codeblue6925 my niece is a kid and I was thinking about offereing to pay half if she wanted to do this. She's not old enough to get a job, so this is a great start. Maybe ask your parents?
So many TROLLS here 🙄 I'm impressed... You were curious, took initiative and made an investment, networked to find a safe location, showed up after 30 days, calculated the math out and decided to post and share your findings. Thats more effort than it took to write a sh*tty comment to troll someone... Good job 🎉
You're a very smart young man. Keep investing and eventually you'll be into the stock markets. Grow your gumball business. Use your profits to buy a second gumball machine
Step 1: Steal a credit card. Step 2: Order 175 gumball machines and a million gumballs. Step 3: Drive around placing gumball machines at busy locations. Step 4: Refill gumball machines every 2 months. Step 5: After a year collect your average american salary in quarters. Step 6: Fuck they fell between the car seats, all profits lost. Step 7: Return to step 4.
Gotta be sure of when they start expiring/ cleaning them up every time you refill/ knowing if they go bad faster under constant heat but sides that? Good $$ bro
@@Pwnz0rh3nk combine it up with a few more side hustles and you'll be on your way. Allocate one day you're not doing anything every month or two to go around and clean/refill gumball machine and collect your cash and it's pretty simple. If you can manage to get your gumball machines in a good few hot spots ie maybe like an arcade or place that hosts kids birthday parties and you could make even more per machine
@@Pwnz0rh3nk You do realise that you can expand this side hustle right? And even use the profits to eventually buy your way into starting other businesses that require capital.
@@Gamer6628 overhead is the total cost to operate a business before profit. Getting a free ride from his mom means he doesn't have to pay for transportation. If he did and decided to drive a car, his profit would be eaten up just from the cost of gas.
@@KineticTaco Not really. Language can be fixed with some effort, Business and entrepreneurial skills are harder to acquire, even if you go to college for them. Plus he seems to have good social skills, as he convinced a business owner or manager to let him set the machine there.
Put it in a laundromat, everyone has change and gets bored waiting
Dang that's actually a really good idea
That's a great idea
And the cheap gumballs suck so much that you have to keep buying them or they taste like tar.
@@volvo09 that’s true lmao 😂
Good idea
“The gum ball that fell on the floor was a major loss in profit”
Like he didn't put it in the machine.
“It took 25% of my daily profit”
Ngl I'd 5 second rule that shit and just eat it myself
@@abelsm6270 *20%
@@jusarson7237
#4 Never get high on your own supply
-B.I.G
He's lucky it didn't walk away😂
Right
Fr
Yup.. Anything not bolted down tends to disappear.
@@forevergogo like your sanity 🤣
@@Ashes2Ashes_Blush2Blush And my ice cream.
And my nuclear codes.
You forgot to count the cost of the gumball machine.
Basic math.
And how much gas he spends going to the location to check on it. And how much it costs if he has to pay to turn the quarters into bills.
Ta da he made nothing after all the other costs, but that's not a fun story
@@schmeahdaleah2596 There are banks that have coin counting and coin rolls for free and just about any bank will exchange coins. Gas is insignificant, you're not going there every day. He went after a month and half the gumballs were still there, you could go every 2 months while you're in the general area.
@@schmeahdaleah2596Most banks will let you deposit coins with no charge
Just remember this is entirely subjective; some places might sell it like crazy and sell out within a week or two, some might sit for months untouched
Yeah
it’s gumballs. literally _no-one_ has bought a gumball in the last 30 years.
@@AwesometownUSA not really true. Depends on the establishment
@@AwesometownUSAyou only think that because you haven't been a little kid for the past 30 years, little kids definitely still buy gumballs though
@@AwesometownUSA lol at sam's club they have a gumball machine right by the exit and I always get one before leaving 🤣
Him: *Puts in gumball machine*
Also Him: *leaves open box of gumballs*
I think he didn't forget the box of gumballs right there on the trash
@순진한 소녀 AL CARRE SPAMMER
@@cartianova5375 we do not care
@@chiefmangas2367 it's about putting the quarter in the machine. I could have gum in my pocket but I don't have a gum from the gumball machine.
@@bigbrowncow7570 what are you, a child?
I tried this but most places that u want to put it will charge u. Usually a small monthly rate to keep it in there store. Just depends on location. Laundrymat was a good idea tho
The IRS wants their cut.
You lost about $5 into the seat belt holder
Small town savings account.
That’s for later 😊
I was looking for this exact comment
Also came here looking for this comment
What an idiot
Now you just need to get many friends who own many restaurants and avoid paying taxes for your income!!
Genius
There are many ways to avoid paying taxes
That’s how my grandfather made money. The amount of giant bags full of quarters that the government never saw…
@@tsaoh5572 Then you convert those quarters into pennies, and then you melt those pennies down illegally into copper ingots, and sell those copper ingots instead, and you've made 2.3 times the profit.
@@livedandletdie They weren’t dollars but Dutch ‘gulden’. No idea what these were made of
@@livedandletdie For you to make an actual ingot you'd need a lot of pennies. You need about 50 just to make copper the size of said penny. Plus, the process of melting it and getting rid of everything that isn't copper is probably more expensive than what you'd get from the pennies, that's if you find someone willing to buy illegal copper for some reason.
Zero personality ✅
Monotone voice ✅
How many quarters ❌ How "much" quarters ✅
We are doomed.
Yes we are
Not that big of a deal buddy.
@Limited_Shower.
One day he'll sound like James Earl Jones while talking about flipping buildings, bankrupt businesses and getting BJs off camera while we'll still be raving about how cool it is to play retro Nintendo switch games in a Goku costume.
its kind of scarry that people like you notice this stuff. english education is the real brainrot here.
Respect for being real about it. Last guy promised me an apartment in Miami from just 2 gum ball machines and $80 for his course
“Sweet now i just need another $970 and i can pay my rent”
🤣
Get a better job
Buy more gumball machines 😅
If you think about it get enough of these or other machine types setup around town you could make some decent cash over time after awhile and if you saved the money you could always get a soda machine setup somewhere with decent traffic and really make some cash.
That's why it's a side job, not your main Job.
I love how this is real return. Tired of people saying "hey I just bought this button and pocket lint dispenser and I'm earning 6k a month in profit"
I wouldn't call a dollar a day a return of any kind lol.
@@infonitemusic9841 it is if you work a full time job and this is your lunch money fund. You thinking this is nothing is the problem.
@@Grubdissimo nahh you thinking this is realistic is the problem
try throwing random gumball machines in random shops and see how far you get
A button & Pocket lint dispenser tho? 😂😂😂
@@therealjackieheezy thats why you ask around lmao like he did
This immediately brought memories of thomas & his devious plans against Jerry.
Hilarious AF.
Thanks Tom & Jerry & Spike
& Thanks to u from bringing back those memories
Plot twist: those are all really his quarters.
The best part is that it isn't a commercial grade gumball machine so the top doesn't have a key lock. Anyone can come in and twist off the top and take gumballs for free or your quarters (or both).
Why someone would do this? That's not great amount of money to commit a crime
@@G0RSHK0V i would if it meant i got $30 for free
Cool good to know
@@G0RSHK0Vit’s because its not that much that people will steal it
@@blah204 are you racist?
What I learned from this vid: I can unscrew the top for free gum balls.
Or just take the whole machione because no one that works in the store knows if it is yours or not and they dont care.
I got a candy machine at a yard sale and took a couple days to get the coin slot to work. Cleaned it all up and put a pile of quarters by it only to watch my wife and kids unscrew the top and get the candy.
@@grandpu659 I would imagine you have to bolt it down
Yes thank you! I also noticed that
😂😂😂😂
I love how is a kid doing this ❤😊 good job being independent
Great to see a young man so interested in business and marketing! You have a real talent, as someone whose educational background was business; youre going places .
My suggestion would be to set your sights higher , while keeping your costs low as they are now.. and always reinvest into your businesses!
Goodluck man!
Agreed. Percentage roi is great but need a higher price point. Considering the effort and the cost of labor, lol, he's making big bucks a couple hours work
Sure but he has zero personality. I'd never hire someone like that, in fact he's a little frightening.
When he put the money on the car seat half of it fell in the cracks 💀
I'm getting PTSD from that 💀
@@flourwasmostlikelyhere Don't think yk what PTSD means
@@alexandrapreston7283 dude I mean it in a joking manner
@@flourwasmostlikelyhere Doesn't matter how u meant it, it literally makes no sense
@@alexandrapreston7283 it does you just most likely don't get what the joke is
Him: I ordered one off Amazon for $90.
Me: I found one sitting at a taco shop for free!! 👍🙌🏼💪🏼
😂
Underrated comment
They let him put it there for free dumb
😭🤣💀
😂😂
Dude you are ambitious!
Nice breakdown
Him: "A hundred and fifty one"
Me: "HOLY SHIT!"
Him:"Quarters,which is about 38 bucks."
Me: oh wtf
LMFAOOO same reaction
$30 a month for a $90 gumball machine is pretty damn good. You have 20 of these and that's $600 a month for going to those 20 places one every month or 2.
@@dillzilla4454 and you can definitely make more
YES ME EXACTLY
💀💀💀💀💀
Idk why my first thought was “wouldn’t someone steal it”
Because you're smarter than OP.
Nobody steals a gumball machine bro🤦♂️
@@shaunliver399 Teenagers will do anything for a "prank".
@@shaunliver399 people will do anything bc they r stupid
@@fedos true can’t even lie
Dudes a businessman
Really out here solving his own word problem 😭
💀💀💀
As a math teacher, I’m wheezing! 😂
"this taco shop" sir that's a taco bell
That’s not a Taco Bell bro
@@nathanruot8211 the trash can is all I'm going off of lol
@@srboromir452 do u think Taco Bell’s colors are red and yellow? Lmao
Taco johns
@@srboromir452 that’s a generic trash can that any restaurant could have lol
I subscribed because this is dope content
I just found my new side hustle in school.
Keep it full, always. It gives the impression that all the gumballs are fresh and not stale and hard like jawbreakers.
Yea
I feel like a freshness date would help sales. Mainly because I always assume the gumballs to be old and stale.
No one is thinking that
I think the more u sell the more people think its actually good
@@yourdad501 nah I’ve thought that before
Depends on the location, amount of machines and how much you’re paying for a refill
Especially since he just used a unicorn (very unlikely and rare to find a business that will let you sell stuff from their business at 0 cost)
He said 5 cents per gumball so instead of figuring out how much it cost to refill he just averaged out a 20 cent profit per ball and that cancels out cost to refill
👏🏻 well no shit, captain obvious. 👏🏻
@@kiraPh1234k You can probably ask someone you know that owns a small business btw
@@rocky-zx6kq You can ask all you want. Doesnt make it any less rare.
People dont tend to pay your way for you.
Dudes gonna own ATMs when he’s older.
Man this guy before and after drugs is crazy
You’re literally like the only guy that actually gives accurate statistics for videos like these. Other people just have $300 in a vending machine and say they profited $300.
I mean technically he hasn't profited at all because he hasn't broken even on buying the machine yet
@@jimbob5725 correct.
@@jimbob5725 he did profit on gumballs just not the machine yet.
@@bakedraccoon.7575 Depends on how nice the machine is
@@BigRheno exactly, the one he ordered seemed pretty basic tbh
“Look at that profit” - proceeds to lose half of it in the car seats 😂😂😂
They didn't go to Narnia, they're still his.
☺️ I run a gumball machine business and have to count the cash in the back of my car as I pay the stores a share for letting me have it there. I cleaned out underneath my back seat the day and banked $150 in spare coins that had slipped through the cracks. It's a great savings plan.
This is 'Rich Dad Poor Dad' level inginuity. Good stuff!!
I am 13 and have my own gumball machine, I got it for free and just bought gumballs off of Amazon for $18 so far it hasn't been to bad, my dad is friends with the local pawn shop owner so I have it in there, just telling people out there, you shouldn't expect $30+ each week, you should honestly be expecting $10+ a month, I normally make $15 a month, it mostly depends on yoyr location, this dude is lucky he got suck a good paying location, I am saving up to buy another machine so wish me luck.
Back in my day, it was all about the “lil homies” action figures in the taco shops
Edit: Little Homies Documentary- ruclips.net/video/ORE2kqA1HD8/видео.html
Si !
Yea that's where the moneys at ese
My pops got a whole collection of them bro 😭
@@ese1588 bruhh ❤
U gotta see the documentary Abt lil homies it's a great one!!
You must of found the only establishment that said "Sure you can put that gumball machine in here, hell you dont have to even give us a cut because we just like you that much"
Honestly I know a restaurant owner who would let my mom do that because he has gone on small trips with my parents😂😂. Can’t wait for his Mexican restaurant to fight his jerk brothers takeover opens up
Actually most places with gumball/vending machines arent getting a cut. Its seen as essentially an added service which increases customer experience, making them more money in the long run
*must have
I doubt the business is stressing about getting a cut of $1 per day.
This
Now i want one of these in my vintage shop!
Bro is a math genius
Imagine opening it and it’s full of wooden quarters 💀
HAHAHA
With current wood prices, it'd be worth more than the quarters 😂😂😂
@@JasonEllins when I was a kid I just cut out those circles from pizza boxes and sometimes other ones and it somehow worked only on gumball machines tho vending machines need real money
@@konstantinospentespitis9691 Living that illegal life 😎
@@JasonEllins the system fucks us, fuck the system back
The fact that he opened the machine on top of the seatbelt hole 😂 that's 2 dollars of profit gone man
Where else would he be able to open it?
@@cmleonelur house
@cmleonel you can't be that dumb
@@cmleonelany flat surface that’s not a car seat?? 😭
Most cars have a release switch to flip the seat up to reach underneath
Good luck to that young man 🙏👍❤️💯
Caden: Gumball
Subtitles: Gumbo
Optional side hustle: take apart random gumball machines you find and collect the quarters
Wayyy more profitable and you don't even gave to buy one before hand
AND gumballs.
Till this goes terribly wrong and its suddenly clear it was weak and foolish to take the risk. But, the upside is whole mouth tooth replacement has gotten VERY affordable these days.
This is where reliant ppl (say nice ppl working at said taco shop) are to come in and stop those thieves 😝
This is a pretty good idea tho ❤
@@cannonrange9977 why are you so serious
The issue is finding a place that will let you put it in there for free. If they charge anything at all your profit goes out the window.
Plus theres the issue that its near a trash can. Some parents might be worried about the candy being clean
SO IS THE WII U LIKE A FUCKING GUMBALL MACHINE NOW???!?!?
You are smart kid I admire that
Glad you made a little bit. Can’t believe gum balls are even still a thing.
I feel like most businesses would charge some kind of rent fee for putting the machine on their property, which would cut into the profit considerably
We have one at our store. The provider takes a 80% cut, And there is 80 small containers in it for £1 each, We sold 1 container this month so our cut is about 20pence...
1/2 is the usual deal
@@blest5132 Yeah but this machine was free, So the guy drops it off free of charge and refills it and cares for it himself and at the end of each month we get a 20% cut, pretty fair deal for having to do zero sales/maitinance but its not very profitable it seems. And we are a beachfront popular ice cream shop with lots of kids coming through :/
Most businesses wouldn't let you put the machine on their property, rent or no rent.
lol you can't charge a rent fee on a gumball machine, it's pointless. gumball machines pull in on average $10 month per head. what you can do is ask for a percentage. i norally offer 10-15% to a business when i try to place a machine. sometimes 20 if i really want the spot, and if it's babtting cages or something, i could even offer 25. i'd never do rent though
"I profit 20¢ per gumball."
Classic mistake: you forgot to account for your non-recurring costs.
bro forgot to account for average fixed cost and marginal cost.
Well he was talking about gross profit.
You can later subtract the admin cost of labor and driving to location. Space rental etc...
Then subtract the depreciation cost of the machine. For ex it's $90 and works for 5 years. Then it's ($-18) per year cost..
@@pic18f452 He hasn't made any profit until he's paid off the cost of the gumball machine. Labor and mileage are recurring costs.
@@fedos there is no labour to pay unless he has someone working for him lol and no milage cost. He got to male profit from a product HE owns and they let him place and sell for free. Blame to taco shop for not charging him 20 bucks to put it in there 🤣
@@dubbkenobby6542 1) I was obviously not referring to labor. If you don't know what the terminology means then refrain from commenting.
2) He hasn't made any profit.
3) I'm not blaming anyone for anything. The taco shop charging him will just increase the time before he turns a profit.
Thieves waiting for gumball to be half empty in gumballs.
"I can't use your gun Julian"
I love all your videos bro. You are amazing
You should add a sticker that says when it was filled , it adds a sense of relief since many places have old gum
Filling them bi weekly or monthly will also attract more customers if the machine is always full.
Honestly does it matter how old the gumballs are? It's not something I've ever thought about in my life. It's not like it's food, it's candy.
I'd be more worried about the covid aspect tbh.
Though yes, it is probably maybe a good idea :)
@순진한 소녀 WHY THE FUCK is a korean bot making a comment in romanian? It's not the first time I've seen it but it still confuses me.
@@ashleycunningham5383 what is the covid aspect lool
It sounds like one of those really complicated questions in a 7th grade math test
😂😂😂😂😂😂😂😂😂
Are you 4th or 5th grade or something?
😂😂😂
Damn bro you have some good maths
It’s so hard find machine that work though. But that’s cool you got that going. 👍
Dope asf for them to let you do that honestly
It's probaly his family members
Doubt it. Huge liability.
@@DavePryor302How so?
@@owenlawson6925 you put "not gumball" in it, child gets it, something bad happens. When it comes time for the parents to sue the lawyer isn't going to get anything from this kid, so they're going to go after the establishment where it was located.
@@bradhughes613 or they just chew the gum 😂
Profit is after break even so you have to pay for the spot rent and the machine you bought and every profit after that is actual profit before that it’s called a loss
Don't listen very well....first thing he said while filling the gumballs up...."taco shop near my house let me put it up for free" lmao......so....no......no rent. 🤣🤣🤣
@@codyelkins39 its not often that someone gets the opportunity to set it up for free. I believe Amerg is being realistic
@@salma_Nella22 You'd be surprised, not much profit to divide but the/e customers kids love them....so I don't imagine many shops would be opposed to it. Obviously there are selfish shops who would say no....but I bet more say yes.
@@codyelkins39 But he bought the machine for $90 so he still didn't profit after the $38 he earned from the whole month.
Free for him. No rent.
Puts gum ball machine next to trash bin💀
Not the best placement xD
In 6 months when the business owner realizes their restaurant tables, exterior and surrounding sidewalks are covered in dried chewed bubblegum that they have to pay to have powerwashed off u gonna be outta luck
lmao
No way, it's the long con. He'll charge them for the pressure wash
U also sell power washers
That’s when you offer a power washing service... big money moves
@@Westham_dan YOOOO
“A ton of people on TikTok.” Ah yes, the wellspring of human ingenuity. Excuse me while I eat a tide pod.
Redditor
the algorithm reflects your own interests. if you see stupid shit on tik tok that’s on you
Save one for me please. I want off this Rollercoaster.
@@JackRabbit1612 No, still recommends garbage despite telling it not to.
@@Jose04537 The software bases it's recommendation off of what you watch so, again, that's on you.
That addy bussin
Awesome side hustling. Keep going!
It's amazing that people didn't open it when there is no lock
Loollzzz
After they find out you're making money they're going to say hit the road jefe and proceeded to place their own candy machine
Lol fr
Hahah hit the road jefe
Do you think that they let him put the gum ball machine in their store for shits and giggles..
Or start extorting him for money. Would be a shame if his gumballs were to suddenly disappear, no.
@@soulassassin0g Listen the mafia does a lot of shit but if they wanted the money don’tcha think they’d just refill the machine and take the quarters
I have that one without the stand just sitting in my house
3 months machine is paid off. Dope 🎉🎉
This sounds like one of those math problems in those math text books 😭🤚
YEEEES 🤣
@@colleenharrison1638 some crazy stuff going on in there
no it doesn't this is just a very simple calculation. This is very similar to things like cryptominers, vending machines, etc.
@@ih2792 nobody said it wasn't a simple calculation, and yes it does sound like a problem in textbooks. Almost 160 people agree with this individual about that. Nobody said it was hard at all, and most of the time when you find something like this in a textbook, it's not hard. This person's statement was pretty accurate.
@@colleenharrison1638 👏
"you can make 350 dollars a year"💀💀💀
I mean its per each one though so if you had enough of them maybe it could be a significant ammount + its just like a few minutes every 2 months per machine so you really dont have to do anything
That's a lot if you're a kid. Especially if you have more than one machine.
@@anneshirley9560 well a kid cant really buy one but yeah good point
@@codeblue6925 my niece is a kid and I was thinking about offereing to pay half if she wanted to do this. She's not old enough to get a job, so this is a great start. Maybe ask your parents?
@@anneshirley9560 yeah thats fair i guess it could be a good lesson for managing money for kids too so i suppose thatd be smart
He sounds like a math question
Bro got the "holla muchachos"
Y’all hating on this guys grind but he seems like a pretty smart kid. Usually you see these kids doing tik tok dances, go hate on that.
needs more effort just take the machine
Or yknow… just don’t hate on kids at all?
But the kids dancing on TikTok are making 6 figures and this guy is making $0.60 a day. Sorry boomer, wrong chat… bye bye
Facts
Facts
this man is literally what my high algebra word problems were like lmfao
But it's not algebra, it's just a word problem. There's no variables, only values.
So many TROLLS here 🙄 I'm impressed... You were curious, took initiative and made an investment, networked to find a safe location, showed up after 30 days, calculated the math out and decided to post and share your findings. Thats more effort than it took to write a sh*tty comment to troll someone... Good job 🎉
You're a very smart young man. Keep investing and eventually you'll be into the stock markets. Grow your gumball business. Use your profits to buy a second gumball machine
also gotta factor in the initial cost of the machine to determine exact returns but other than that great proof of concept.
Machine pays for itself after around 3 months, after that, he can then count pure profits
@@ali94hn mom I got a gumball machine I picked one up from the taco store
@@konstantinospentespitis9691 lol
Step 1: Steal a credit card.
Step 2: Order 175 gumball machines and a million gumballs.
Step 3: Drive around placing gumball machines at busy locations.
Step 4: Refill gumball machines every 2 months.
Step 5: After a year collect your average american salary in quarters.
Step 6: Fuck they fell between the car seats, all profits lost.
Step 7: Return to step 4.
How long will this last sir 😟
@@dewie110 till all the cracks in the seats are filled up with quarters.
@@randomperson58925 yes sir :(
💀
😂😂😂
Based on my calc break even = $90/$.20 = 450 gumball.
Or 450 gumbal /5 average gumball sales = 90 days.
Goodluck with the hustle
I actually didn’t see this dudes face until the halfway point of the video and assumed it was Dillon Latham this dude sounds exactly like him
Me when i buy one: “OMFG PERKAHOLIC”
WIDOWS WINE BABYYY
Damn lucky, I only got Unquenchable
Bringing back memories
Can't forget the classic juggernog tho 🌸
what is perkaholic?
Gotta be sure of when they start expiring/ cleaning them up every time you refill/ knowing if they go bad faster under constant heat but sides that? Good $$ bro
Gimbals expiring are the last of your worry’s
Gumballs are pretty much pure sugar so you can leave them there for a year and a half without them expiring
Bro how is $30 a month good money
@@Pwnz0rh3nk combine it up with a few more side hustles and you'll be on your way. Allocate one day you're not doing anything every month or two to go around and clean/refill gumball machine and collect your cash and it's pretty simple. If you can manage to get your gumball machines in a good few hot spots ie maybe like an arcade or place that hosts kids birthday parties and you could make even more per machine
@@Pwnz0rh3nk You do realise that you can expand this side hustle right?
And even use the profits to eventually buy your way into starting other businesses that require capital.
Good for you young man
This is a petty hustle. 😂
Catching a ride with your mom really helps with the overhead
Wym ?
@@Gamer6628 overhead is the total cost to operate a business before profit. Getting a free ride from his mom means he doesn't have to pay for transportation. If he did and decided to drive a car, his profit would be eaten up just from the cost of gas.
And he's doing all the legwork.
LMFAO
Best comment 😂😂👌
Just wait until someone picks it up and walks away 💀
Exactly. How can they be secure if they are so small and easy to transport?
Yeah, I was going to post "make sure you chain that thing to something that doesn't move."
"Y u drinking pedialyte". "i need it". Use both your eyes".
Keep up the good work. You’re off to a great start.
"We're gonna see how much quarters are inside."
Kids today disappoint me.
It's the common grammar mistake isn't it?
'Much' instead of 'many.'
@@KineticTaco Not really. Language can be fixed with some effort, Business and entrepreneurial skills are harder to acquire, even if you go to college for them. Plus he seems to have good social skills, as he convinced a business owner or manager to let him set the machine there.
It’s funny how kids are so dumb yet still gaming the system.
@@KineticTaco oh thank you, now I don’t have to exceed your expectations. ☺️
Damn, Benson be making a lot of money
Hahaha i was wondering why this gave me the feeling of a core memory being triggered!
All side hustles are good side hustles as long as you're seeing profit for your input and time! 👏🏿
Amazing idea! Good luck keep up the hard work!
Great thing about this machine is it takes any coin. I’ve had one for 30 years in my house.
Yeah and there is no lock so everyone can open it and take a gum for free
Lmaooo for real
@@jeremyjery01 they can also grab the quarters while they're at it
@@immachine1565 That one guy takin your entire inventory
He just took "I earn one dollar a day" to a new level
Dude learned the '90s way to pinch people's pennies
We’re getting out the hood with this one boys
Man's really still -$60 for at least two months
True, but the fact that it pays for the investment in under a year is a pretty impressive rate of return.
@@NakAlienEd not when you consider the time and opportunity costs of maintaining it.
@@RabblesTheBinx It looks like a pretty simple machine to me. I wouldn't imagine you'd have to do much repair work in a given year.
@@NakAlienEd You underestimate the ingenuity, audacity, and determination of an endless supply of 11 year olds.
@@dextercochran4916 I was with him till you said that