Genius
-
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."
Plus rent, electricity, etc....
-
This post did not contain any content.wrote on last edited by [email protected]
Keep chasing it, buddy.
I can't tell if this is satire or linkedin lunatics, and that's the joy of lemmy shitpost.
-
Warning
: comment section filled with haters trying to keep a player down 
You forgot your /s.
-
You forgot your /s.
Because it isn't needed
-
This post did not contain any content.wrote on last edited by [email protected]
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.
-
This post did not contain any content.
Big Thinkin
-
This post did not contain any content.
Yeah....this is the kind of person that the mob was most useful for back in the day. This was the kind of guy that got his knees broken for being a wise guy.
-
This post did not contain any content.wrote on last edited by [email protected]
Am I confused on why people are overcomplicating the math and adding assumptions to a clear given.
-
60 applications a day.
-
Half of them (30) buy something.
-
Makes 300 per day.
-
They must make $10 per vending customer.
We can safely ignore operating costs and sementics to conclude this is massive ragebait.
-
-
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
-
More unbelievable is the implication that the average applicant spends $5-6 in the vending machine
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
-
This post did not contain any content.
That’s not passive income. That’s a lot of work.
-
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.
-
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.
-
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.
-
This post did not contain any content.
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 not passive income. That’s a lot of work.
presumably they get a salary and the 300 is extra just for suggesting it.
-
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.
-
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
-
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
-
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.
