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The Good of Twitter

Latest episodes

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Nov 30, 2022 • 13min

Vending - The Vending Bizz App Review

In this episode Troy reviews The Vending Bizz App. The Vending Bizz App was created by a vending machine entrepreneur for vending machine entrepreneurs. Troy delves into why the app is helpful and if its worth the monthly subscription price! Enjoy!
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Nov 9, 2022 • 12min

Vending - Do you need a contract?

In this episode Troy delves into the concept of contracts in the vending machine industry. He talks about times in different types of organizations where he regretted not having contracts in place or not having the proper verbage inside a contract.  He breaks down what is needed for each contract and how they should be formatted. Please CONSIDER what he has to say in this episode!
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Nov 2, 2022 • 1h

Vending - Interview w/ Aspiring VME (Jacob Wood)

On this episode Troy talks with aspiring vending machine entrepreneur Jacob Wood. Jacob is a 22 year old student at the University of Tampa. Coming out of school he wanted to start a side hustle to grow. Through research of many industries he landed on the vending machine industry.   Jacob brings great questions and energy to the conversation. Troy shares answers drawing upon his own experiences. This leaves Jacob with specific action items to knock out going forward.   Jacob we loved the conversation and can't wait to hear about your progress! We hope you, the audience, enjoy the conversation as much as we did!   This discussion can be found on Youtube @ Vending Machine Entrepreneur - Episode #8 Jacob Wood Interview - YouTube
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Nov 2, 2022 • 12min

Vending - Getting Started Challenges (My first Move-In)

In this episode Troy talks about his experience moving in his first two vending machines. The unforeseen challenges. The mistakes and the lessons learned.  He is here to pass them on to you.
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Nov 2, 2022 • 12min

Vending - Snack vs. Beverage Machines

In this episode Troy talks about the different options in machines. A vending machine entrepreneur can choose between snack vending machines, beverage vending machines, mini markets, coffee vending, or small gumball machines. Troy will cover the pros and cons of the options, and tell you why he reccomends getting started with Beverage Vending Machines for most Vending Machine Entrepreneurs.
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Sep 2, 2022 • 16min

Vending - Finding and Keeping Clients

In this episode Troy talks about the different types of clients a vending machine entreprenuer can pursue. Troy goes through the process of building a client list and creating a pipeline to properly track the list as well. Building a vending machine route is the name of the game. Finding your first clients starts that process. Troy will discuss the different methods he has used to get clients. Troy will also share how he keeps clients. Troy talks about why his company lost a client, and how to avoid making that mistake as well.    
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Sep 2, 2022 • 9min

Vending - What Credit Card Readers to use

In this episode Troy talks about the different types of credit card readers that can be used for vending machines. The focus is on three different choices. Each choice comes with a Vending Management System. Troy tells you about the mistake he made by going with a cheaper option to start... and well, you get what you pay for. Choosing the right vending management system and credit card readers can make a huge difference in your revenue. Enjoy!
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Jul 12, 2022 • 10min

Vending - Do You Really need a Business Partner?

Are you considering starting a business on your own? If so, you might be wondering if you need a business partner. While it can be helpful to have someone to share the load and help you grow your business,some businesses are easier to start with a partner than others. In today’s episode, entrepreneur Troy Gold shares his opinion on the subject. His refreshing, “take no prisoners” approach will give you a full picture on how your vending machine business will look when you first start out. He suggests first building an operations division. (Don’t worry, it’s just 1 person) He’ll talk about how good organization and project management will pay off in the long run And how he created a payment strategy for the different divisions of the company
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Jul 12, 2022 • 10min

Vending - Do I Really Need An LLC?

An LLC is a popular business structure for startup entrepreneurs. It offers several advantages over other forms of business organization, such as reduced taxes and simplified management. But before you form an LLC, make sure you really need one and that the benefits outweigh the costs. In this episode, Troy Gold will give us the latest information on the unique benefits that an LLC could provide, However, there are a few things to keep in mind before diving head first. The difference between an S-corp and a C-corp How to reduce your tax bill What an LLC is does
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Jul 12, 2022 • 17min

Vending - Who Should Start a Vending Machine Business

If you’ve ever dreamed of owning your own business, chances are that a vending machine company is on the top of your list. With more than 20 million units in use in the United States alone, vending machines provide an easy way for businesses to generate income. However, starting a vending machine company can be a daunting task. Is the vending machine business really “Passive Income”? What questions should you ask yourself before you dive in? What’s the minimum cost of starting a vending machine business?  Entrepreneur Troy Gold will answer these questions and talk about some of the key things to keep in mind if you want to succeed He tells us how much money it took for him to get started in the Vending Machine Business He’ll give you some ideas on what to stock in the machines He’ll suggest ways on how to involve your young children in the business in order to assure their financial freedom by the time they are 18.

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