Starting An ATM Business: Passive-Income GOLD
The title says it all. Need we say more? Well, we’re not going to leave you hanging. We’re going to explain why having an ATM business will have you going for the gold.
For starters, you can begin your ATM business with very little investment. It’s not going to take too much time, effort, or money to get the ball rolling. Also, you can start generating income immediately. There’s practically no risk involved. And very little effort is required for maintenance and occasional repairs.
There are many other options available when it comes to making passive income. However, these alternatives typically require lots of time, effort, money, and risk.
Starting an ATM business will possibly be the best business decision you ever make. The reasons above should be fairly convincing. But let’s look further into the details.
The Initial Investment: Low & Affordable
Let’s get right to the bread and butter. You’re going to need around $3,000 to get your ATM business started. But here’s the thing… that cost includes everything. It will include the cash that you’ll be physically putting into your ATM. It will include the technology that you implement into your machine. A few grand is literally all you will need. And the time and effort? There’s very little involved overall. Investment is low with this one.
Does this investment seem a little steep for you? Let’s consider some other forms of passive income that exist. Stocks, real estate, and blogging are some good examples.
Investing in stocks and bonds can help you reach big goals when it comes to passive income. But the honest truth is this: you’ll need a big initial investment before you start seeing any worthwhile passive income. According to Benjamin Graham, author of The Intelligent Investor, you’ll need tens (or hundreds) of thousands invested before being truly successful.
How about real estate? We highly doubt you can find any real estate that’s less than $3,000. And if you do, good luck dealing with the radiation, pest infestation, or whatever other reason that leaves the property at such a low price. Then, good luck selling it for a profit.
And then there’s blogging. Honestly, it won’t take much of a MONETARY investment to start blogging. But here’s the real issue… you’ll need to invest a lot of TIME in order to truly make a profit from blogging. You’ll need to be consistent. You’ll need to find good traffic flow. If you can make this happen, then that is very respectable. But you’ll need to invest lots of time.
An ATM business is sounding a lot better now, right? It takes little time, money, and effort.
Time To Return: Make Your Money Back Quickly
Let’s venture into the workings of an ATM. How does it make YOU some money? Well… you purchase your ATM. You have it placed wherever you think is a prime location. Now it’s time to start immediately making some money.
Let’s say that you charge someone $2.50 to use your machine. You can probably expect 20% of that to go towards merchant commissions and ATM maintenance/repairs. That leaves you with a profit of $2.00 every time your ATM is used. Let’s say your ATM is at a slow location, and only has 5 transactions per day. Even so, you’re looking at $70 every single week! And guess what? You just made your $3,000 back in less than a year. That’s impressive, right?
And keep in mind that you could make that initial investment back EVEN QUICKER if your ATM is placed in a prime location. The above example explains a slow situation. And you still make your initial investment back in less than a year. There’s a lot of opportunity for you to make some amazing passive income with an ATM business. Imagine owning more than just 1 ATM.
To better understand this time to return, let’s look at some other examples. We’ll check out the time to return in real estate, stocks/bonds, and blogging.
So, you’ve decided to invest in some real estate. You purchase the property, and then you start renting it out. All of the rent money gets reinvested into the property. Several years later, you’re finally able to sell that property and make a nice profit from it. But here’s the thing… it took several years to pull that one off. That’s a long time to return.
Now, let’s look at the stock market. Many case studies have shown that it takes a long time for your money to grow whenever you invest in stocks. For example, one of these case studies showed that $5 (in 1929) could have turned into several thousand dollars (by 1954). We’re talking decades here. The timeline is long when it comes to making money in the stock market.
We’re moving onto blogging. A very small percentage of people strike it big right at the beginning. We’re not saying that we have no hope in your abilities. But we’re saying that the statistics point towards blogging taking many years in order to really see the cash flow. You have to build a fanbase. Traffic has to be constant. This (typically) takes a lot of time.
See what we mean? An ATM can make that initial investment worthwhile in no time.
Running An ATM Business: Little-To-No Risk Involved
Cash isn’t going out of style anytime soon. And this means that ATMs won’t go out of style anytime soon, either. This is the perfect passive-income opportunity for you. If you’re not a big risk-taker, have no fear. You’ve basically got nothing to lose here. You purchase an ATM, place it in a location, and start collecting money immediately.
Now, the same can’t be said for other potential forms of passive income. Going back to our usual examples, we’ll take a look at real estate, stocks, and blogging.
There’s always going to be risk involved when purchasing real estate. What if something happens (and you didn’t have proper insurance)? What if the market is just bad for the area, and people start moving out of the location? It would be hard to re-sell that real estate for a profit down the line. There’s always risk involved here.
And stocks? All you have to do is take one scan over the stock market to realize that things are always going up and down. It’s hard to predict whether you’ll be successful or not. You can do your research, but this still doesn’t guarantee that you’ll profit from stock investment. There’s just no way to fully-predict what will happen with the stocks you invest in. To us, all of this sounds like extremely risky business.
When it comes to blogging, there’s basically no risk involved (just like with ATMs). But the thing is, you could potentially spend lots of time creating a blog without really seeing worthwhile profit. You could say the risk involves giving up your valued time with no sure-fire chance of knowing whether you’ll actually turn a profit or not.
The point is this: an ATM isn’t risky. You’ll make money on every transaction.
ATM Effort On Your Part: Very Little Involved
Reading this article takes more effort than running an ATM business. We’re serious about that. So, what kind of effort will you have to put into maintaining your machine(s)? Well… get ready for this… you’ll need to monitor the amount of cash in the machine, visit the machine when it’s low, and put some cash into it. Afterwards, just make a withdrawal to make sure that it’s working properly. That’s literally all you have to do.
That’s pretty simple, right? Shall we look at the effort involved for our all-famous contenders? How much effort is required in real estate, stocks, and blogging?
Investing in real estate takes a lot of work. It requires lots of research in the market. After you make a purchase, you have to make continuous improvements to the property before eventually selling it again someday. And then you cross your fingers for profit. If you have tenants, then that’s another level of effort involved.
The stock market takes a lot of effort as well. You really have to know what you’re doing. You have to read books. You have to speak with consultants. You have to monitor the stock market on a regular basis. And you’ll have to do this for years in order to see high yields.
Blogging also requires some serious effort. You can’t just throw something sloppy on a website and expect to see the profits rolling in. You have to tweak your website just right in order to get the proper traffic flow. You have to pay for adsense, or something along those lines. You have to keep your site up-to-date. It takes plenty of effort that may not even pay off.
What do you think? ATMs truly are easy to maintain, right?
Starting An ATM Business: An Amazing Choice For Passive Income
What can you expect whenever you jump into the world of ATM ownership? Well… you can expect to put cash into consumers’ hands. And into your own hands as well. It’s a win-win for everybody involved. It’s nearly impossible for this to go wrong.
When it comes to passive income, the ATM business really holds true as the champ. You won’t have to invest much time, money, or effort to get it up and running. You can easily make your initial investment back within a year. There’s very little, if any, risk involved with starting an ATM business. And you won’t have to break your back with loads of maintenance efforts.
There are plenty of alternatives involved when it comes to passive income. You could invest in real estate or the stock market. You could also start a blog. But when it comes down to the nitty gritty, these contenders just don’t match up with ATMs. They typically require loads of time and money. They involve quite a bit of risk. And you can expect to put in lots of work.
This is as simple as it gets. You purchase an ATM, connect with a bank and a merchant, have your machine installed, and then you’re immediately ready to start making money. You get paid for every transaction that occurs. And all you have to do is stop by every now and then to put some cash into your ATM. Passive income has never been so easy.
So, what do you think about all of this? Do you feel like you’re prepared to start your ATM business with the best foot forward? Are you ready to start making that passive income, pronto? We hope we’ve been able to open your eyes to this amazing opportunity. And we hope you earn lots of passive income with your new ATM business.