Worked in vending for years. You ain’t gonna profit off one machine in most cases. Unless you are in a prime location, buying 10 different cases of chips and then trying to sell the 750 or so bags before they expire requires several machines.
It’s not really passive income, though. You have to get people in there and interview them. Even if you just spend 10 minutes per applicant, that’s already 600 minutes, or 10 hours. So yes, this is a decent hourly wage, at least until word gets around about what you’re doing, which it will, because what kind of job interview is done in 10 minutes? Not one where you actually have a chance.
And yes, I do realize this post is most likely a joke. Still fun to reply to, though.
So about $10 a drink minimum? (assuming $300/day gross income)
If they can find 30 people per day to pay those prices, they need to quit their job and go full time into vending machine sales. They have a gift
Or just become a bartender.
Everyone. Calm down… This is a joke account.
Here another one of his posts.
I don’t know how people take shitposts seriously. Do we have way too many literal thinkers on Lemmy?
I think it’s a testament to on the nose satire and hitting at the heart of people’s anxieties about work.
You calm down, this person’s tapped a market of people willing to pay $10+ per drink from a vending machine! I wanna know their secret, cause I’m switching careers if I can pull ~$78k annually from a single machine
Listen up! AI’s gonna be a game changer. If you don’t master passive prompting kids your vending machines good bye. Buy my book, “Passive Prompting”!
The secret is to make awful doughnuts with da bomb spiked filling and offer them a compliment doughnut when they arrive. Water is $3, soda is $4, and milk/soy milk is $5.
Coca-Cola owns the machines, btw.
Guess who own Coca Cola —-> Passive Income /s
Guess who owns a key for the machine?!
Unless you have an older machine, probably the Coke guy.
Coke wants to control what drinks are in the machine and what percentage of the take Coke gets, so they refill the machines.
We used to have an older machine on an old contract, and since we didn’t really care about the income from it we let Coke swap it for a new one they’d service.
About 2 months later, they said we weren’t selling enough drinks and took the new machine away.
I used to run an auto service center with a Coke machine in the waiting room. Once a month I would get a commission check in the mail from Coca-Cola for usually about $50 or $60. We averaged about 40 cars a day through that place so the machine got a lot of business…
That’s not passive… 60 interviews a day?
putting the “ass” in passive!
Am I confused on why people are overcomplicating the math and adding assumptions to a clear given.
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60 applications a day.
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Half of them (30) buy something.
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Makes 300 per day.
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They make $10 per vending customer.
We can safely ignore operating costs and sementics to conclude this is massive ragebait.
Agree with the ragebait, but (theoretically) they might interview more than one person at a time. He talks about 50-60 interviews a day, so with that seat layout, we have a max of 8*60=480 interviewees (assuming the interviewer is also sitting). That would be 240 drinks per day.
But it’s going to be quite busy. Let’s say he works 12 hours = 5 interviews/hour = 12 minutes per interview = 1.5 minutes per interviewee. That is not accounting for the time everyone needs to settle in and sit down/get up and out again; the time for him to casually get people to use their very limited time to buy a drink instead of being interviewed somehow (?) Also not accounting for the work involved in inviting and scheduling people, refilling the machine, costs of drinks, office space etc. And the soul draining work of funneling 480 people per day through a stupid fake interview, repeat the same thing every 12 minutes, just to get them to buy a drink instead of doing something useful.
What a nightmare. In this scenario, he is really the person to feel bad for. Imagine a life like that 😅
And apart from that: The more logical setup would be to turn off the air condition in the waiting area and put the vending machine there.
Add complimentary saltines in the waiting room, and they might increase profit margins slightly
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Put out a bowl of extra salty peanuts and crank up the heat. Open a small bar in the corner serving margaritas, mojitos, pina coladas, etc… Sit back and watch the passive income roll in.
That’s active income.
Now hire someone to do the interviews, then it’s passive income.
Unless he’s now managing that person. Then it’s industry! Don’t mind us, we are just out here creating jobs.
If you create one more goddamn job I’m flipping this table
If he were smart, he would hire a full-time interviewee to ensure there’s always someone interviewing and buying drinks at a steady, predictable rate. Easiest money you’ll ever make.
I guess if he’s getting paid to do the interviews then it’s technically passive… wait no, then the whole interviewer thing would just count as advertising for his vending machine business
It’s deceptive advertising. I wouldn’t consider it actual advertising.
It’d be better if they had multiple rooms, multiple vending machines and multiple interviewers. Pay the interviewers to do the work and take the passive income.
But also this is horrible noone should do this.
Warning⛔: comment section filled with haters trying to keep a player down 😤
You forgot your /s.
Because it isn’t needed
Agreed, just use common sense to judge wether or not other people then yourself may understand the semantics and context of written information works pretty well. /s
This is a capitalistic nightmare, just getting people on interviews to give them false hope just to make money from them. This is a scam.
That’s not passive income. That’s a lot of work.
Found the lazy hippie
Nobody wants to work anymore
How dare you so accurately clock me from one post.
presumably they get a salary and the 300 is extra just for suggesting it.
60 interviews, at just 15 minutes each, is 15 hours a day. Someone is putting in an astounding amount of work for just $300.
There’s nothing more Lemmy than someone taking an obvious joke seriously.
Just tells you how shitty life is to some people.
presumably, they get a salary for the work of doing the interviews
If they never hire anyone, then they are absolutely shit at their job.
If you hire someone you’ll be put of work so…
Could do 5 minute interviews
“Hi, buy a soda and get the fuck out, we’re not hiring you.”
That’s not “Passive” income, if you have to attract 50-60 people per day, pretend to interview them, while subliminally encouraging them to use the vending machine. That’s called a full-time job, and probably illegal, too.
And that isn’t $300/day profit, he has to pay for those items in his machine. The profit is probably no more than 50%, so $150/day. For an 8 hour day, that’s $18.75 an hour. That’s a lot of work for not that much money. It certainly isn’t “Passive.”
At lowest estimates that’s a 17hr work day 🤣. 20 minute interviews with no delay in between and no lunch or bathroom breaks.
If you’re going to be self-employed, at least be a good boss to yourself. It doesn’t make sense to treat yourself like the worst boss you’ve ever had.
Plus rent, electricity, etc…
This is TOTALY real and in no way, designed to infuriate people dumb enough to believe it.
For the record:
“A soda vending machine’s revenue varies significantly based on location and product pricing, but a rough estimate for average daily revenue is $5. Monthly, this could range from $150 to $1,500, with high-traffic locations potentially earning up to $100 per day. However, profit margins depend on product costs and operating expenses.”
And that’s if he owns it outright.
If you look closer, it’s also off-brand drinks, meaning, he absolutely owns the machine, operates it, and restocks.
However, I do wonder the electric costs.
Looks like Monster Energy drinks to me.
Yes, that is a debate. AFAIK (from Japan), the vending machine providers give home owners a monthly rent for putting the machine on their property, but the home owners pay for the electricity costs. There was an article 1-2 years ago about how that model became basically a zero sum game for the home owners, because of rising electricity costs but I don’t remember the details
𐑞 fash is 🏴, he owns 𐑞 🏧.
𐑚𐑑 thank 𐑿 𐑓 noticing I’m Japanese.
50 interviews a DAY??
More unbelievable is the implication that the average applicant spends $5-6 in the vending machine
Sir, this is the internet. Noone would lie about something like that here.
Even more unbelievable is that anyone would spend $10-$12 on one vending machine drink in the middle of a ten minute interview.
Might be why he only manages to persuade half of them.
More than $5-$6. He’s making $300 income which implies the expenses are deducted. The actual price is $5-$6 + actual cost of whatever is in the vending machine
50 interviews in 8 hours is about 10 minutes per interview, and that’s back to back, no breaks, no lunch, no one being late, etc.
Not that I believe this is real in any way. But there are ten chairs at that table. His interview could be like those predatory knife MLMs where they pack the room full of idiots to find the one apex idiot.
Schedule:
Ten at a time. Ten minutes each.
Even if you space them out to the top of the hour you have time for a long lunch where you can commend yourself about being a drain on your species while staring at yourself in the bathroom mirror of a cracker barrel where you are scoping out some poor underage girl to molest verbally.
Wait… What were we talking about?
I feel like I’m in the middle of Urlachs compression out discussion for Silicon Valley.
interviews meaning, spending time on the computer having a software/AI to weed applications that is.
