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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.
That’s not passive income. That’s a lot of work.
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.
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
Keep chasing it, buddy.
I can't tell if this is satire or linkedin lunatics, and that's the joy of lemmy shitpost.
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.
Plus rent, electricity, etc....
Big Thinkin
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.
The math doesn't math.
Even assuming the drinks cost $3, even if all 60 bought one, that's $180, not 2 or 3 hunnid.
And that's not counting the work to do the interviews, as mentioned by others, or counting the work to do inventory and stick the machine, it even the cost of the drinks themselves.
Bro really doin all this work for what accounts to maybe $30 profit on a good day. Which would be ok for a tiny amount of work, but even if he does this at his regular job, is just a decent chunk extra, not a ton.
It’s almost as if this was in fact a shitpost
Tru
sure... 9-8 min per job interview including welcoming the candidate, smalltalk, talking about the bullshit role you have to offer, listening to the candidates speech about why they are the best match for the bullshit role, asking critical questions about hypothetical job situations, pressing the candidate to buy a pyramid-scheme soda, saying goodbyes and escorting the candidate out.
sure that sounds realistic
Somehow that's still passive income lol
Sounds like mf work to me 😂
That’s active income.
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.
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.
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.
$5 drinks? Is that the going rate in America?
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
No
$37.50 an hour to talk to a minimum of 6 strangers that want something from me and think I can deliver it for them?
I’d rather be an urban outdoorsman.
Yeah and that doesn't count the time listing the fake jobs, or scheduling the interviews
50 interviews a DAY??
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
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.
Sir, this is the internet. Noone would lie about something like that here.
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.
This has Nathan Fielder energy and it's great
damn. that's slick.