Genius
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That’s not passive income. That’s a lot of work.
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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.
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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.
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Now hire someone to do the interviews, then it's passive income.
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.
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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.
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That’s not passive income. That’s a lot of work.
presumably they get a salary and the 300 is extra just for suggesting it.
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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.
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60 interviews, at just 15 minutes each, is 15 hours a day. Someone is putting in an astounding amount of work for just $300.
Could do 5 minute interviews
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60 interviews, at just 15 minutes each, is 15 hours a day. Someone is putting in an astounding amount of work for just $300.
presumably, they get a salary for the work of doing the interviews
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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.
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Could do 5 minute interviews
“Hi, buy a soda and get the fuck out, we’re not hiring you.”
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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.
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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 must 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.
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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.
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
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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.
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Half the candidates is 25-30. It would need to be at least $10 per drink for that profit number, and that's only if he's getting free electricity and drinks
50-60 interviews, not interviewees. Might be group interviews (but still bullshit)
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That's not passive... 60 interviews a day?
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50 interviews a DAY??
interviews meaning, spending time on the computer having a software/AI to weed applications that is.
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Everyone. Calm down... This is a joke account.
Here another one of his posts.
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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
wrote on last edited by [email protected]𐑞 fash is
, he owns 𐑞
.
𐑚𐑑 thank 𐑿 𐑓 noticing I'm Japanese.