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Title: The 1% Closer - Mike Hoffman Summary: In this conversation between Seth Bradley and Mike, Mike shares that what separates him from others in his field is discipline and focus, particularly the ability to say no to things that don't align with his goals. He highlights that successful entrepreneurs are usually highly focused and niche down. Mike attributes much of his own success to concentrating on vending machines after realizing it drew the most interest. For those looking to get started in vending, he advises leveraging personal connections to secure high-foot-traffic locations. Links to Watch and Subscribe: https://youtu.be/w_phQef7MOU Bullet Point Highlights: Mike credits his success to discipline, focus, and the ability to say no Emphasizes the mindset: "It's better to be respected than liked" Believes the top trait of successful entrepreneurs is focus Success came by niching down into vending after testing other passive income streams Advises newcomers to start by leveraging warm connections to place machines in high-foot-traffic locations Examples include urgent care clinics, apartment buildings, gyms, and kids' studios Transcript: Seth Bradley (00:00.162) You're clearly in the top 1 % of what you do, Mike. What is it about you that separates you from the rest of the field? Ooh, that's a good question, Seth. I think it's just discipline, know, discipline and focus. One of the hardest things is being able to say no with the things that don't align. And when I was growing up, I had a quote that has really stuck with me that's like, it's better to be respected than liked. And I think that really resonates. Like, naturally, as a human, you want to be liked and help people, but the 1 % are really good at saying no. Yeah, I love that man. That's a great answer. Going to build on that. What do you think the number one attribute is that makes a successful entrepreneur? Yeah. Yeah. Yep. The one thing, right? The one thing. That's why. Probably focus. Mike Hoffman (00:47.246) You come back to like the most successful entrepreneurs, they always niche down and they niche down because they just hyper-focus. Like this is kind of why for me, you know, I started this passive, Mr. Passive on social media before I even got into Vendi. Well, now everyone's like, well, how passive is Vendi? Well, it's like, what's really interesting is I was posting all these different, what I thought passive income streams in the time, but everyone, 95 % of the questions I got about Airbnbs are all my different. investments was about bending. So I just niche down on on bending and I just look back on that and I was like it really forced me to focus. Awesome, awesome. What's one thing someone could do today to get 1 % closer to success in the vending machine business if they are really interested in learning? Tap into your connections and find a location that has high foot traffic, whether that's a friend that works at an urgent care, a sister that lives at an apartment. You take your kid to that gymnastics studio that has a ton of foot traffic between 4 p.m. and 8 p.m. All those locations are prime locations to put one of these modern smart machines in. so tapping into your connections, a warm intro is better than 10 cold. Awesome. Alright Mike, I appreciate it brother. Links from the Show and Guest Info and Links: Seth Bradley's Links: https://x.com/sethbradleyesq https://www.youtube.com/@sethbradleyesq www.facebook.com/sethbradleyesq https://www.threads.com/@sethbradleyesq https://www.instagram.com/sethbradleyesq/ https://www.linkedin.com/in/sethbradleyesq/ https://passiveincomeattorney.com/seth-bradley/ https://www.biggerpockets.com/users/sethbradleyesq https://medium.com/@sethbradleyesq https://www.tiktok.com/@sethbradleyesq?lang=en Mike Hoffman's Links: https://www.instagram.com/mikehoffmannofficial/ https://x.com/mrpassive_?lang=en https://www.linkedin.com/in/mikedhoffmann/ https://www.tiktok.com/@mr.passive https://www.tiktok.com/@sethbradleyesq?lang=en
Title: The 1% Closer - Mike Hoffman Summary: In this conversation between Seth Bradley and Mike, Mike shares that what separates him from others in his field is discipline and focus, particularly the ability to say no to things that don't align with his goals. He highlights that successful entrepreneurs are usually highly focused and niche down. Mike attributes much of his own success to concentrating on vending machines after realizing it drew the most interest. For those looking to get started in vending, he advises leveraging personal connections to secure high-foot-traffic locations. Links to Watch and Subscribe: https://youtu.be/w_phQef7MOU Bullet Point Highlights: Mike credits his success to discipline, focus, and the ability to say no Emphasizes the mindset: "It's better to be respected than liked" Believes the top trait of successful entrepreneurs is focus Success came by niching down into vending after testing other passive income streams Advises newcomers to start by leveraging warm connections to place machines in high-foot-traffic locations Examples include urgent care clinics, apartment buildings, gyms, and kids' studios Transcript: Seth Bradley (00:00.162) You're clearly in the top 1 % of what you do, Mike. What is it about you that separates you from the rest of the field? Ooh, that's a good question, Seth. I think it's just discipline, know, discipline and focus. One of the hardest things is being able to say no with the things that don't align. And when I was growing up, I had a quote that has really stuck with me that's like, it's better to be respected than liked. And I think that really resonates. Like, naturally, as a human, you want to be liked and help people, but the 1 % are really good at saying no. Yeah, I love that man. That's a great answer. Going to build on that. What do you think the number one attribute is that makes a successful entrepreneur? Yeah. Yeah. Yep. The one thing, right? The one thing. That's why. Probably focus. Mike Hoffman (00:47.246) You come back to like the most successful entrepreneurs, they always niche down and they niche down because they just hyper-focus. Like this is kind of why for me, you know, I started this passive, Mr. Passive on social media before I even got into Vendi. Well, now everyone's like, well, how passive is Vendi? Well, it's like, what's really interesting is I was posting all these different, what I thought passive income streams in the time, but everyone, 95 % of the questions I got about Airbnbs are all my different. investments was about bending. So I just niche down on on bending and I just look back on that and I was like it really forced me to focus. Awesome, awesome. What's one thing someone could do today to get 1 % closer to success in the vending machine business if they are really interested in learning? Tap into your connections and find a location that has high foot traffic, whether that's a friend that works at an urgent care, a sister that lives at an apartment. You take your kid to that gymnastics studio that has a ton of foot traffic between 4 p.m. and 8 p.m. All those locations are prime locations to put one of these modern smart machines in. so tapping into your connections, a warm intro is better than 10 cold. Awesome. Alright Mike, I appreciate it brother. Links from the Show and Guest Info and Links: Seth Bradley's Links: https://x.com/sethbradleyesq https://www.youtube.com/@sethbradleyesq www.facebook.com/sethbradleyesq https://www.threads.com/@sethbradleyesq https://www.instagram.com/sethbradleyesq/ https://www.linkedin.com/in/sethbradleyesq/ https://passiveincomeattorney.com/seth-bradley/ https://www.biggerpockets.com/users/sethbradleyesq https://medium.com/@sethbradleyesq https://www.tiktok.com/@sethbradleyesq?lang=en Mike Hoffman's Links: https://www.instagram.com/mikehoffmannofficial/ https://x.com/mrpassive_?lang=en https://www.linkedin.com/in/mikedhoffmann/ https://www.tiktok.com/@mr.passive https://www.tiktok.com/@sethbradleyesq?lang=en
En este episodio brutal de Emprendebroders, Carlos Samamé nos cuenta su increíble historia: de vender juguetes en Arequipa y hacer impro con Wendy Ramos, a liderar programas de innovación en Amazon y Wayra en Europa. Aprenderás por qué el estrés puede ser un privilegio, cómo tus debilidades pueden impulsarte y por qué escribir tus metas en una libreta puede cambiarlo todo.
Title: How to Make Millions with Vending Machines with Mike Hoffman Summary: In this conversation, Seth Bradley and Mike Hoffman delve into the world of vending machines as a business opportunity. Mike shares his journey from a Midwest farm boy to a successful entrepreneur in the vending industry, highlighting the evolution of vending technology and the potential for passive income. They discuss the importance of location, understanding demographics, and the scalability of vending routes. Mike emphasizes the need for upfront work and learning before delegating tasks, while also addressing the misconceptions surrounding passive income in the vending business. In this conversation, Seth Bradley and Mike discuss various aspects of entrepreneurship, particularly in the vending machine business. They explore the importance of capital raising, the journey of self-discovery, influences that shape business decisions, and the definition of success. The dialogue emphasizes the significance of flexibility, discipline, and focus in achieving entrepreneurial goals, while also touching on financial milestones and the attributes that distinguish successful entrepreneurs. Links to Watch and Subscribe: Bullet Point Highlights: Mike's journey from a classic Midwest farm boy to a successful entrepreneur. The evolution of vending machines from traditional to smart technology. Understanding the importance of location in the vending business. The analogy of baseball levels to describe starting in vending. Scaling up from single A to big leagues in vending routes. The significance of demographics in product selection for vending machines. The potential for passive income with proper systems in place. The need for upfront work before achieving passivity in business. Vending is not a get-rich-quick scheme; it requires dedication. The future opportunities in the vending industry are expanding rapidly. Raising capital can dilute ownership but may be necessary for rapid growth. Self-discovery often leads to unexpected career paths. Influences in business can come from personal experiences rather than just mentors. Success is often defined by the ability to prioritize family and flexibility. Entrepreneurs work harder than in traditional jobs but gain flexibility. Discipline is crucial for saying no to distractions. Successful entrepreneurs often focus on niche markets. High foot traffic locations are ideal for vending machines. AI is transforming business operations and efficiency. Networking and connections can lead to valuable opportunities. Transcript: Seth Bradley, Esq. (00:04.898) Mike, what's going on buddy? Doing great brother, doing great. How about you? Mike (00:06.748) Don't worry, Mike (00:11.664) Good, I'm a little flustered. I usually have my mic set up over here, but I guess we just moved and it's not here today. I guess, yeah, new office and it's been a whole hot mess. Seth Bradley, Esq. (00:19.822) New office or what? Seth Bradley, Esq. (00:27.862) Nice man, nice. I see you got the whiteboard cranking back there. Love to see that. Mike (00:33.114) Always. I love your background. That's sweet. Seth Bradley, Esq. (00:38.03) Thanks man, yeah, I'm on camera all the time so I like I need to just build this out instead of using like a green screen so Made the investment made it happen Mike (00:44.86) Totally. Yeah, absolutely. Seth Bradley, Esq. (00:49.442) Have we met in person or not? I don't know if we've met at a Wealth Without Wall Street event or I couldn't tell. Okay. No, I did not go to Nashville last year. Mike (00:58.478) I don't think so. don't think you're... Were you in Nashville last year? Mike (01:04.634) No, okay. No, I don't think we've met in person. Yeah. Seth Bradley, Esq. (01:08.256) Okay, all good, man. All good. Well, cool. I'll just go over the format real quick. We'll do kind of a shorter recording. We're do like 30 minutes, something like in that range. And then we'll just kind of like break. And then I'll, want to record a couple of other quick segments where I call it Million Dollar Monday. I'm kind of asking you about how you made your first, last and next million. And then 1 % closer, which would just be kind of what separates you, what makes you the top 1 % in your particular vertical. So we'll just kind of record those separately. Those will be real short, like five minutes or so. Mike (01:44.924) Okay, yeah, I'll follow your lead. All good. Seth Bradley, Esq. (01:47.15) Cool. Cool. Let's see. I think I already have this auto recording. So we're already recording. So I'll just jump right in. Mike (01:55.377) Okay. Seth Bradley, Esq. (01:57.782) Welcome to Raise the Bar Radio, hosted by yours truly Seth Bradley. We today we've got Mr. Passive, Mike Hoffman. Mike, welcome to the show. Mike (02:08.189) Thank you for having me fired up to be here. Seth Bradley, Esq. (02:10.855) Absolutely man, really happy to have you on. I know it's been a little bit of a trek here to get our schedules lined up, but really stoked to have you on today, man. I see you said you moved into a new office. You've got the whiteboard cranking, so love to see it. Mike (02:25.372) yeah, whiteboards are the only place I can get my thoughts down. Seth Bradley, Esq. (02:29.399) Yeah, man, it makes a difference when you actually write something rather than type it or even on a mirror board where you're doing it online. just there's something about physically writing something down. Mike (02:41.328) You know, I'm glad you said that because yesterday I flipped to Seattle for a quick work trip and I didn't have wifi and I literally had three pages of just, I, was so like the clarity of some of these kinds of bigger visions I have now from just being able to write for an hour on a flight was, I was like, man, I gotta do this more often. Seth Bradley, Esq. (03:00.363) Yeah, for sure. The key though is once you write it down, it just doesn't go into the trash or into a black hole somewhere where you never see it again. So that's kind of the disadvantage there. If you have it on your computer and you're taking notes or you have it on a mirror board, at least it's there to reference all the time. If you write it down on paper, sometimes, I've got my Raze Masters book right here for notes, but it's like, it might go into the abyss and I'll never look at it again. So you gotta be careful about that. Mike (03:27.184) Yeah, yeah, I need to check out the Miro boards. I've heard a lot of good things about them. Seth Bradley, Esq. (03:31.467) Yeah, yeah. Awesome, Mike. Well, listen, for our audience who doesn't know anything about you, maybe just tell them, you know, tell them a little bit about your background. Tell them about your your main business and we can take it from there. Mike (03:43.354) Yeah. So I think for those that don't know about me, I'm a classic Midwest farm boy started with a classic, you know, showing cattle at the county fair and all of that and had a lemonade stand growing up. And then my first job was actually at McDonald's, you know, thinking about the whole success of that business model. But when I was coaching and, out of college, I got my first rental and I was like, wow, this is crazy. making money without. really much time involved. and then with my work in Silicon Valley, know, Seth, was classic Silicon Valley, you know, cutthroat job that, startup life and traveling three weeks out of the month. And I was on, I was in airports all the time. And was like, these vending machines I would run into at airports were just so archaic. And so I went down this path of like unattended retail and kind of the future of, of that. And that's really where I just see a huge opportunity right now. And so it's kind of what led me into all these different income streams that I'm passionate about. Seth Bradley, Esq. (04:49.431) That's awesome, man. Well, let's dive into that a little bit deeper. me about these income streams. It centers around vending machines, right? But I'm sure there's a lot more to it. I'm sure there's a lot of different entry points for people. Maybe just kind of give us a general synopsis to start out. Mike (05:06.78) Yeah, so I think the big thing with, you know, if we're talking vending specifically as an income stream, you know, most people think of vending as the traditional machines where you enter in a code, you put your card on the machine and then a motor spirals down a Snickers bar or a soda and you go into the chute and grab it. Nowadays, there's these smart machines that literally you just unlock the door, or even if you go into, land in the Vegas airport right at the bottom of the escalator where it says, welcome to Las Vegas, there's a 7-Eleven with gates and AI cameras, and there's no employees in the 7-Eleven. And it just tracks whatever you grab and to exit the gate, you have to pay for it. So like, there's just this huge market now where we just installed it in urgent care. less than two months ago and we can do over the counter meds in that machine because it doesn't have to fit into a motor. It's just shelf space. You identify with the planogram with the AI cameras like, okay, Dayquil in this slot or Salad in this slot and then whatever they grab, gets charged to the person that pulls it from it. Seth Bradley, Esq. (06:15.469) That's interesting, man. Yeah, I mean, my initial thought too, was just like the traditional old vending machine where you're getting a candy bar or a cola out of there. But yeah, nowadays, now that you mentioned that, you see this more and more every single day where you've got these scanners, you've got kind of self-checkout, that sort of thing. So that's kind of, that expands that world and really opens it up to the future, right? Like it just really, that's what we're trying to get to, or at least we think we wanna get there, where we're kind of removing humans and... kind of working with technologies and things like that. Mike (06:49.488) Yeah, and I think, you know, removing the whole human thing. mean, those machines still got to get stocked and you know, there's not robots running around doing that. But I just come back to, I was a Marriott guy when I was on the road all the time and I'd go to these grab and goes at a Marriott and grab a, the end of the night, I'd grab like a little wine or an ice cream sandwich. And I literally had to go wait in line at the check-in desk behind three people checking in just to tell them, Hey, put these on. room charge and I was like if I had a checkout kiosk in that grab-and-go I could have just removed all the friction for this customer experience. Seth Bradley, Esq. (07:27.772) Right, 100%. Yeah, I mean, there's a place and time for it and there's more and more applications for it that just pop up every single day and you can kind of spot that in your life as you're just kind of moving through, whether you're checking into your hotel or whatever you're doing. Mike (07:41.456) Yeah, yeah. So that's just kind of what excites me today. Seth Bradley, Esq. (07:45.973) Yeah, yeah, so when a stranger asks you what you do just in the street, what do you tell them? Because I have a hard time answering that question sometimes too, but I'd love to hear what your answer is. Mike (07:56.804) Yeah, I would just say it depends on the day. You know, what do you do or what's your, you know, it's like at the golf course when you get paired up with a stranger and they're like, tell me about what you do for your career. And I just say, I'm a classic entrepreneur. And then I'm like, well, what do you do? And it's like, well, tell me about the day. You know, what fire are you putting out? Like today we just got the go ahead for five more urgent cares for our local route. But then, you know, we have a community of operators across the country that we help really build. Seth Bradley, Esq. (07:57.933) haha Ha ha ha. Seth Bradley, Esq. (08:09.879) Yeah. Yeah. Mike (08:25.616) Vending empires and so we had a group call this morning. So literally, there's a lot of just, you know, it's classic entrepreneurial life. You never know what the day's script is gonna be. Seth Bradley, Esq. (08:36.161) Yeah, for sure. And you focus a lot on not only on your own business, but also teaching others, right? Teaching others how to kind of break into this business. Mike (08:45.402) Yeah, that's my passion, Seth. When I got into my first investment out of college was a $70,000 rental, you know, putting 20 % down or 14K and using an emergency fund. like my background in going to college was as a coach. like I knew I wanted to kind of take that mindset of like coaching people, you know, teach them how to fish. I don't want to catch all the fish myself. It's just not fulfilling that way. So that's really where my passion is. Seth Bradley, Esq. (09:15.373) Gotcha, gotcha. tell me about like, tell me about step one. I mean, how does somebody break into this business? Obviously your own personal business is probably very advanced. There's probably a lot more sophisticated investing strategies at this point and you've got different layers to it. But somebody just kind of starting out that said, hey, this sounds pretty interesting. This vending machine business sounds like it can be passive. How do you recommend that they get started? Mike (09:40.57) Yeah, so I'm always, I view like the whole vending scale as similar to Major League Baseball. You got your single A all the way up to the big leagues. And if you're just starting out, I always recommend like find a location where you can put a machine and just learn the process. Like to me, that's single A analogy. you know, that always starts with, people want to jump right to like, well, what type of machines do you recommend? products, how do you price products? And the first question I'll always ask Seth is, well, what location is this machine going in? And they're like, well, I don't know yet. I was just going to buy one and put it in my garage to start. And it's like, no, you need to have the location first. So understanding that, is it a pet hospital? Is it an apartment? Is it a gym? Where is the foot traffic? And then you can cater to what's the best machine for that type of location. Seth Bradley, Esq. (10:36.887) Got it, got it. Now is this a kind of a rent, you rent the space to place the machine with that particular business or wherever you're gonna place it or how does that all come together? Mike (10:47.644) not typically, some people are kind of more advanced, like apartment complexes are used to the revenue share model. So they're going to ask for a piece of the pie for sure, for you to put the machine in their lobby. but like, you know, when we're talking urgent carers or even pet hospitals are viewing it as an amenity. And so we probably have, I don't even know how many machines now 75 now, and we, you know, less than half of those actually, Seth Bradley, Esq. (10:50.423) Okay. Mike (11:15.1) us rent or ask for a revenue share to have them in there. So I never leave lead with that, but we'll do it if we need to get the location. Seth Bradley, Esq. (11:23.989) Interesting gotcha. So it's really a value add for wherever you're gonna place it and that's how most people or I guess most businesses would look at that and then you're able to capture that that space Mike (11:27.366) Mm-hmm. Mike (11:34.236) Yeah, absolutely. So, um, a great case study is we have a 25 employee roughing business here in Oregon. And you might think like, only 25 employees. It's not going to make that much money. Well, we do $1,200 a month. And the cool thing about this, Seth, is the CEO of this roughing company literally did napkin math on how much it costs for his employees to drive to the gas station during their 20 minute break. And then How much they're paying for an energy drink at the gas station and then how much gas they're using with the roofing like the work trucks to get to and from the gas station So he's like I want to bring a smart machine into our warehouse Set the prices as half off so that four dollar monster only costs his rofers two dollars and then we invoice him the the business owner every month for the other 50 % and so he actually Calculated as a cost savings not asking for money to rent the space Seth Bradley, Esq. (12:35.597) Yeah, gotcha, gotcha. That makes sense. That makes sense. I love the baseball analogy with the single A, double A, triple A, even into the big leagues here. know, a lot of the folks that listen to this are already kind of, you know, in the big leagues or maybe think about some capital behind them. Like how would they be able to jump right in, maybe skip single or double A or would they, or do you even suggest that? Do you suggest that they start, you know, small just to learn and then maybe invest some more capital into it to expand or can they jump right to the big leagues? Mike (12:48.891) Yeah. Yeah. Mike (13:03.966) I think they can jump right to the big leagues. this is, I'm glad you brought this up because just listening to some of your episodes from the past, there's no doubt that you have people that could buy a route like a off biz buy sell today. And I think this is a prime opportunity. it's very similar to flipping a house. you, you know, there's a route in Chicago, I think it was for $1.1 million, you know, whatever negotiating terms or seller financing or, or what have you, got a lot of, your, your audience that is experts in that. But the cool thing about these routes is they have the old school machines that have the motors and that are limited to, this type of machine, you can only fit a 12 ounce cannon. Well, guess what? The minute you buy that route, you swap out that machine with one of these micro markets or smart machines. Now you just went from selling a 12 ounce soda for $1.25 to now a 16 ounce monster for $4.50. Well, you just bought that location based on its current revenue numbers and by swapping out that machine, you're going to two or three acts your revenue just at that location. And so it's truly just like a value play, a value upgrade, like flipping the house of, okay, there's a lot of deals right now of these routes being sold by baby boomers where it's like, they got the old school Pepsi machine. Doesn't have a credit card reader on it. They can't track inventory remotely via their cell phones. So They're not keeping it stocked. Like all those types of things can really play in your favor as a buyer that just wants to get to the big leagues right away. Seth Bradley, Esq. (14:37.651) I love that. When you say buy a route, what are you really buying? Tell me about the contractual agreement behind that. What are you really buying there? Mike (14:47.184) You're just buying the locations and the equipment associated with it. So like this Chicago route, it's like, we have machines in 75 properties all across the Chicago suburbs. And they could be medical clinics. could be apartments. could be employee break rooms at businesses, but that's when you start diving into those locations. It's like, I have a snack machine and a soda machine here. Well, you swap that out with a micro market that now instead of. Seth Bradley, Esq. (14:49.279) Okay. Okay. Mike (15:13.626) that machine that'll only hold a small bag of Doritos that you charge two bucks, well now you get the movie size theater bags that you can really put in there in a micro market. Like naturally just that valuation of that route based on those 75 machines current revenue, I mean you're gonna be able to two or three X your revenue right by just swapping out those machines. Seth Bradley, Esq. (15:35.959) Wow, yeah, I love that analogy with real estate, right? It's just like a value add. It's like, how can I bring in more income from what already exists? Well, I need to upgrade or I need to put in some capital improvements, whatever you want to call it. Here's the vending machine upgrades or a different kind of system in there. And you get more income. And obviously that business in itself is going to be worth more in a higher multiple. Mike (15:58.396) Absolutely. mean, a great example of this is we had a machine in an apartment complex and it was your traditional machine with the motors and you have to enter in the code. Well, we could only put in four 12 ounce drinks and then chips. Well, we swapped that out with a micro market. Well, now that micro market, we literally put in bags of Tide Pods for laundry, like these big bags of Tide Pods. We'll sell those like hotcakes for 15 bucks. And our old machine, Seth Bradley, Esq. (16:25.281) Yeah, let's say those aren't cheap. Mike (16:27.246) Yeah, our old machine Seth, it would take us to get to 15 bucks, we'd have to sell eight Snickers. That's one transaction. Seth Bradley, Esq. (16:33.547) Right, right. Yeah, yeah. How do you do an analysis kind of based on like what you think is gonna sell there, right? Like you're replacing, let's say a Dorito machine with Tide Pods, you know? So you have to individually go to each location and figure out what will work, what will sell. Mike (16:47.738) Yeah. Mike (16:51.834) It's all about demographic. Absolutely. So, you know, we have, we have, we have a micro market and a manufacturing plant that's, it's a pumpkin farm and there's a ton of Hispanic workers. So we do a lot of like spicy foods, a lot of spicy chips. do, we do a ton of, mean, the sugar or sorry, the glass bottle cokes. They do, they love their pastries. Seth Bradley, Esq. (16:53.431) Yeah. Seth Bradley, Esq. (17:06.349) Yeah. Mike (17:15.868) So we just doubled down on the demographics. So yesterday I was filming at one of our micro markets that's in a gym and they crushed the Fairlife protein shakes, like the more modern protein shakes, but they won't touch muscle milk. So we're literally taking out one row of muscle milk just to add an extra row of Fairlife shakes. So you're constantly just catering to the demographics and what's selling. Seth Bradley, Esq. (17:40.632) Yeah, yeah, this is awesome. I mean, this is literally just like real estate, right? Like you go and you find a good market. You're talking about demographics, right? Find the market, see what they want, see how much you can upgrade, how you can upgrade. If it's an apartment, it's a unit. If it's here, it's the product that you're selling and the type of machine, or maybe it's a mini market. A lot of things to kind of tie your understanding to here. Mike (17:45.926) Yeah. Mike (18:05.904) Yeah, absolutely. Seth Bradley, Esq. (18:07.615) Yeah, awesome, man. Awesome, Where are you at in your business? Like what, you know, what are the big leagues looking like right now? You know, what are you doing to expand your business, raising the bar in your business? Mike (18:18.692) Yeah, I'm going after that's a really good question. I'm going after kind of these newer markets and we're kind of past that point of like, okay, let's pilot in this location. For example, that urgent care, we didn't know if it was going to be a good location two months ago when we installed. Well now it's already crushing it. Well, there's six other urgent cares in town and we just got to go ahead on five of those six. So like for me, it's doubling down on our current proof points of where. okay, we know that manufacturing plant, the pumpkin farm does really well. So let's start getting intros to all their, manufacturers of the products they need to grow pumpkin. know, like we're just doubling down on scaling because now we have the operational blueprint to really just kind of to go after it. Seth Bradley, Esq. (19:03.917) Gotcha, gotcha. Tell me about how passive this can really be, right? So I used to have, before we switched over to the new brand, Raise the Bar podcast, it was the Passive Income Attorney podcast, right? I was really focused on passive investments, focused on bringing in passive investors into my real estate deals, things like that. And I think that word passive gets thrown around quite a bit, right? And sometimes it's abused because people get into things that are not truly passive. Mike (19:18.427) Yeah. Mike (19:28.784) Mm-hmm. Seth Bradley, Esq. (19:33.517) What's your take on that as it relates to the vending business? Mike (19:38.49) Yeah, so I think as far as with the vending business, there's clearly upfront leg work that needs to be done, whether that's finding locations or any of those things. So I have a route that is here in Oregon, and then we bought a route last year in Illinois and have scaled that route. I spend 30 minutes a week on each route now. that these urgent cares and stuff, like we have an operator that's running the whole route. Here's the problem, Seth. It's like people are so scared to build systems to ultimately systemize things or they're too cheap to hire help. And I'm the opposite. like, you know, kind of like Dan Martell's buy back your time. Like I have like a leverage calculator and like I constantly think about is this worth my time? Cause as you know, you're busier than me. Like it's so limited. for me, my routes, I would consider them passive, like one hour a week is, is nothing in my mind. But as far as like, you know, I'm, I'm also a passive investor on, we're building a, an oil loop station in Florida and I sent my money a year ago to, to my, active investor and I haven't talked to him since. Like that's actually truly probably passive now, you know, I'm not doing anything, but there's, there's different levels to that. And I'm a huge believer like. don't delegate something until you know what you're delegating. So people that want to start with the vending routes, sure, if you want to buy a route that already has an operator, that's one thing. but these, if you're starting a vending route for your kid or for your stay at home wife or whatever, as a side hustle, like get in the weeds and install that first machine. So when you hire help to take over the route, you know what you're delegating. Seth Bradley, Esq. (21:09.773) Mm-hmm. Seth Bradley, Esq. (21:27.021) Yeah, that's key. That's key. And you you described just like any other business, right? I think that's kind of where people get themselves into trouble. That sometimes they get sold the dream that is truly passive. And eventually it can be. I mean, you're talking about an hour a week. To me, that's pretty damn passive, right? But you know, upfront, you you've got to learn the business. You've got to know what you're getting yourself into. Like you said, you've got to learn before you delegate so that you know what you're delegating. There is going to be some upfront work and then as you're able to kind of delegate and learn Then you can make it more and more passive as you go Mike (22:00.88) Yeah, I mean, it's no different than what's the same when people tell you that they're busy. I mean, you're just not a priority. Like that's a fact. you're not. People say it's the same thing when people come to me and they're like, I'm so busy. It's like, okay, well let me, let me see your schedule. Where are you spending your time? You know, it's like when people are like, I can't lose weight. Okay, well let me see your food log. What did you eat yesterday? Did you have ice cream? Like this is like the same kind of thing. That's where passive I think has been really abused. Seth Bradley, Esq. (22:16.097) Yeah. Yep. Mike (22:29.638) To me, the bigger issue is like, vending is not get rich quick. And so like, if you're expecting to leave your nine to five tomorrow and vending is going to make up for that in one day, like that's not going to Seth Bradley, Esq. (22:41.089) Right, Makes sense. Speaking of passive, do you raise capital or do you have any kind of a fund or have you put together a fund for something like this? Mike (22:51.48) We haven't put together a fun, we're definitely buying routes is definitely becoming more and more intriguing. And I know there's some PE players starting to get into the vending game, but it's something we've been definitely considering and on our radar of do we want to. Seth Bradley, Esq. (22:58.541) Mm-hmm. Seth Bradley, Esq. (23:10.231) Gotcha. Cool. I mean, you brought in money partners for some of those routes yet, or is that still something you're exploring too? Mike (23:18.168) No, I think it's just something we're thinking about. mean, what do you recommend? Seth Bradley, Esq. (23:21.089) Yeah. Yeah. Well, I'd recommend I mean, it depends, right? Like I'm I'm scared to turn you by trade, but I don't like to say you should always raise capital no matter what. Right. Like you've been able to scale your business as you have and grown it to where it is without bringing outside capital. It sounds which is great because you own 100 percent or with whatever business partners you might have. You know, when you start raising capital, you're giving a large chunk of that piece away, not necessarily your whole company. But if you're buying you know, a set of routes or that sort of thing. You you're gonna give a big piece away to those past investors if you're starting a fund or even if it's up. Even a single asset syndication here for one of these, you know, these routes, you could put it together that way. You know, it's just something to consider. But a lot of times when people are looking to scale fast, right, if they wanna grow exponentially, you've gotta use other people's money to get there or hit the lottery. Mike (24:08.294) Mm. Mike (24:15.856) Absolutely, no, agree. That's spot-on and I actually before you know the Silicon Valley company That I was part of we had a we went through probably series a B C D C ground Let's just say we weren't very fiscally responsible. So I come from the, you know, it's like the ex-girlfriend example. I don't want to just start taking everyone's money. Seth Bradley, Esq. (24:42.413) Yeah, yeah, that tends to happen with some startups, right? Like before you get funding, you're super frugal because it's your money and every single dollar counts. And you're like, I don't want to pay, you if it's software, you don't want to pay the software engineers. I'm going to out, you know, put it, you know, hire Indian engineers, that sort of thing. And then once you get a few million bucks that you raised in that seed round, then it just goes and you're like, whoa, wait a minute, let's hire 20 people. You know, it's you got to be careful about that. Mike (25:05.606) Yeah Yeah, yeah, that's a great, great take on it. Seth Bradley, Esq. (25:11.245) Yeah, it's, yeah. It's a question I love to ask and I think it's about time for that. So, in a parallel universe, tell me about a different version of you. So a different but likely version, right? Like, for example, for me, I went to med school for a year and a half and then I dropped out and I ended up becoming an attorney. So that was like a big turning point, right? So I could have easily at some point just said screw it and became a doctor and that would have been a totally different route than I'm going down right now. What's an example of something like that for you? Mike (25:42.524) Wait, are you being serious about that? I took the MCAT too. I got into med school and then I, yeah, I was pretty mad in school. And then the more I learned about exercise science, I was like, organic chemistry is not fun. Seth Bradley, Esq. (25:44.321) Yeah, totally. yeah? There you go. Seth Bradley, Esq. (25:57.39) It is not fun. I did not love that. I majored in exercise physiology and then I ended up switching to biology because it was just a little bit of an easier route to get my degree and go into med school and I went for a year and a half and then I dropped out because I absolutely hated it. I knew I didn't want to do it. I was just more attracted to business and that sort of thing. Mike (26:16.346) Yeah, that's crazy. That's awesome. parallel universe. I, that's a really good question. I don't know. I, kinda, I have two kids under three and the other side of me wishes I would have traveled more. you know, I mean, we'll get there hopefully when they get out of high school and someday. But right now I just think there's so many different cultural things and ways to skin the cat. And it's just fascinating to learn some of those things. Mike (26:55.352) yourself in those cultures. go to different cultures and really like understand how they did things for a time, a period of time to really just learn their thinking. Seth Bradley, Esq. (27:07.777) Yeah, I love that man. I had a similar experience of what you're describing. I didn't travel abroad really other than like, you know, Canada and Mexico until I studied abroad in Barcelona during law school and I got to stay there for a couple of months. So you actually had some time. It wasn't like you're just visiting for a week or a weekend or anything like that. You got to kind of live there right for a couple of months and it just totally changed my, you know, my outlook on life and just the way that you see things like I feel like we're in the US and we just think Mike (27:19.627) Seth Bradley, Esq. (27:37.76) US is number one and there's only one way to do things the way that we do things that kind of attitude. And then when you go to Western Europe and you see that culture and you drive or get on a train, it's like an hour away and you're in a totally different culture and they're doing it a certain way as well and it's working. You just see that other people are doing things differently and still being successful at it, still having a thriving culture and it's just awesome to see. Mike (28:03.312) Yeah, absolutely. Seth Bradley, Esq. (28:06.251) Yeah. Tell me about some major influences in your life. What turned you or got you into that, the vending business? It's not one of those typical things. mean, I know you're in the education business, so you're kind of really spreading the word about this type of business. But I would say when you started, there might not have been a mastermind or educational courses around this. mean, how did you kind of get drawn into that? Were there any particular people or influences that brought you in? Mike (28:29.308) you Mike (28:36.188) Yeah. So the, biggest influence for me to get into vending, uh, wasn't actually a person. It was actually, was, um, I had landed, I was coming back from the Pentagon from a trip back to the Bay for the startup we were talking about. And I was in the Denver airport and 11 PM, you know, our flight was delayed. And then they're like, Hey, you have to stay in the airport tonight. The pilot went over their hours for the day, blah, blah, blah. So I went to a vending machine and I remember buying a bottle of water. I think it costs like at the time three bucks or something. I knew that bottle of water cost 20 cents at Costco. And I was like, there is someone that's at home with their kids right now making money off me and they're not even at this mission. Like the machine is doing the work. So I had like an aha moment of like, what are my true priorities in life? And like, why am I chasing this cutthroat startup from. Palo Alto and trying to make it when reality was my priorities are freedom to spend more time with my family. So that's really kind of what led me into this path of starting a vending machine side hustle to keep our lifestyle as we had kids. We wanted to have a nanny and we wanted to be able to still go on dates and things like that as a couple with my wife. So that's really kind of my family and just like... having the freedom to do things. Like that's what I'm really passionate about. Seth Bradley, Esq. (29:59.084) Yeah. Yeah. I mean, building on that, and you may have already answered that, but what does success look like for you? Mike (30:01.766) next Mike (30:06.268) an empty calendar. Seth Bradley, Esq. (30:08.621) Good luck with that. Good luck with that. Mike (30:11.516) Oh man, I was gonna say, how do we crack that code? No, yeah. No, but I think success to me is doing things like picking up my daughter at three and even being able to say no to the things that aren't gonna get you to where you need, like the discipline piece of this too. Seth Bradley, Esq. (30:15.708) man. Seth Bradley, Esq. (30:33.995) Yeah, yeah, mean, you know, for me, it's kind of similar, right? It's not going to be able to empty that calendar. Not yet, at least maybe here in the future. But for now, it's pretty filled. But it is it's flexible, right? Like us as entrepreneurs, you know, we probably work more than we ever worked when we were in our W-2s. But at the same time, it's you know, we're working in our own business for ourselves, for our families. And we have the Flexibility, a lot of people will say the freedom, right? But we have the flexibility to move things around. And if you want to pick your kids up at school at three, or you do want to take a weekend off, or something comes up in your schedule, you have the flexibility to do that. Whereas if you're kind of slaving away at the nine to five, you can't really do it. Mike (31:04.486) Yeah. Yeah. Mike (31:20.198) Yeah, that's spot on. mean, I just wrote that down, but flexibility is, cause you're right. When you started becoming an entrepreneur, this is what I tell people all the time when they want to get a venting around is like running your own business. You are going to work harder than you do for your boss currently at your W-2. Like you have to do payroll. You have to do, like you gotta like make sure there's money to actually do pay, you know, like all those things that you just don't even think about when you have a W-2. It's like, today's Seth Bradley, Esq. (31:39.543) Yeah Mike (31:48.89) You know, this Friday I get paid. Well, when you run a business, mean, that money's got to come from somewhere. Seth Bradley, Esq. (31:51.905) Yeah Right, yeah, 100%, man, 100%. All right, Mike, we're gonna wrap it up. Thanks so much for coming on the show. Tell the listeners where they can find out more about you. Mike (32:05.286) Yeah, so thanks for having me. This has been great. I have free content all over the place. can find me on the classic Instagram, Twitter, YouTube, but I also have vendingpreneurs.com is where we help people that are more interested in actually the vending stuff. But I've been really trying to double down on YouTube lately because there's just a lot of content and you can't get it off a one minute reel. Seth Bradley, Esq. (32:32.417) Love it, man. All right, Mike, appreciate it. Thanks for coming on the show. Mike (32:35.91) Thanks for having me. Seth Bradley, Esq. (32:37.227) Hi brother. Alright man, got a couple more questions for you. We do like a quick, kind of do the full podcast episode and then I'll just do kind of a quick episode that'll follow up on a Monday and then another one on a Friday. Cool. Mike (32:55.814) See you. Seth Bradley, Esq. (32:59.693) We out here. Welcome to Million Dollar Mondays, how to make, keep, and scale a million dollars. Mike is a super successful entrepreneur in the vending machine business and beyond. Tell us, how did you make your first million dollars? Mike (33:20.922) Yeah, Seth. It was probably actually through real estate and just getting a little bit kind of lucky with timing with COVID and short-term rentals and some of that. But yeah, that's probably how I got the first million. Seth Bradley, Esq. (33:25.229) Mm. Seth Bradley, Esq. (33:37.079) Gotcha, cool. Yeah, real estate usually plays a role in the everybody's strategy down the line, whether they're in that primary business or not, whether they start out there or they end up there, real estate usually plays a part. How'd you make your last million? Mike (33:53.956) Yeah, that's a good question because it's completely different than real estate, but it's actually been vending machines. So that's been kind of fun. just, you you talk about product market fit whenever you're an entrepreneur with a business. And that was just kind of the perfect storm right now of traditional vending really kind of being outdated. And we found a product market fit with it. Seth Bradley, Esq. (33:57.57) Right. Yeah. Seth Bradley, Esq. (34:16.215) Gotcha. Cool. that was from, was this maybe mostly attributed to kind of buying those routes, those larger routes? Mike (34:23.32) Exactly. Yeah. Buying old school routes and really kind of flipping them like a house with modern micro markets charging, with different products and what would fit in a vending machine, like more of the unorthodox, you know, toilet paper and tide pods and things that wouldn't fit in a traditional vending machine. I mean, we'll sell $35 bottles of shampoo in these micro markets. So just kind of, go and add it in a different way. Seth Bradley, Esq. (34:49.857) Yeah, and then with the aging population, there's gotta be more and more of these things popping up. So there should be more opportunity for people to get involved or for people like yourself to just snag everything, right? Mike (35:01.102) Yeah, I think there's no chance I could snag everything, not even just in this town alone that I'm currently in. I mean, machines are getting cheaper, the technology is getting way better with AI. And nowadays, it's not what fits in a vending machine motor. It's okay, what's shelf space? if it's a bottle of shampoo or a glass Coke, it doesn't matter because it's not just getting thrown down the chute of a traditional machine. Seth Bradley, Esq. (35:05.387) Yeah. Seth Bradley, Esq. (35:27.521) Makes sense, makes sense. Last, how are you planning on making your next million dollars? Mike (35:34.3) I think probably with AI, we're doing a lot of interesting stuff with helping people scale their, their vending routes. that is applicable to any, small business. And so I'm really intrigued. Just every time I go down a rabbit hole with some new AI tool, I feel like there's another better one that just came right behind it. So I just think it's kind of that time where you can really get ahead by just learning. Seth Bradley, Esq. (36:06.209) Yeah, totally makes sense. mean people that are not paying attention to AI whether it's simply using chat GPT instead of Google search are getting left behind quickly because it's just advancing so fast. I can't even imagine what this world's gonna look like five years from now the way that things are moving. Mike (36:23.132) It's crazy. Three years ago when I was working for a tech company selling software into the government, I would have to work with three secretaries to schedule a meeting with the general to sell their software. Now my EA is literally an AI bot and everyone that's scheduling time on my calendar, they don't even know they're talking to a non-human, which is pretty Seth Bradley, Esq. (36:43.479) Yeah, 100%. We're gonna, I predicted within five years, everybody's gonna have a humanoid robot in their home with AI instilled and they're gonna be doing physical things for us at our homes. Yeah. Yep. Yep. 100%. Awesome, All right, moving on to the next one. Mike (36:50.181) Yeah! Mike (36:57.917) I hope so. I hope they can go to Costco get all our groceries do our do our laundry The dishes Seth Bradley, Esq. (37:11.501) You're clearly in the top 1 % of what you do, Mike. What is it about you that separates you from the rest of the field? Mike (37:19.056) Ooh, that's a good question, Seth. I think it's just discipline, know, discipline and focus. One of the hardest things is being able to say no with the things that don't align. And when I was growing up, I had a quote that has really stuck with me. That's like, it's better to be respected than liked. And I think that really resonates. Like naturally as a human, you want to be liked and help people, but the 1 % are really good at saying no. Seth Bradley, Esq. (37:47.649) Yeah, I love that man. That's a great answer. Kind of building on that, what do you think the number one attribute is that makes a successful entrepreneur? Mike (37:57.468) probably focus. Yeah. Yeah. Seth Bradley, Esq. (37:59.212) Yeah, focus. Yep. The one thing, right? The one thing. Mike (38:04.186) Yep. That's why you come back to like the most successful entrepreneurs. They always niche down and they niche down because they just, got hyper-focused. Like this is kind of why for me, you know, I started this passive Mr. Passive on social media before I even got into Vendi. Well, now everyone's like, well, how passive is Vendi? And well, it's like, what's really interesting is I was posting all these different, what I thought passive income streams in the time, but everyone, 95 % of the questions I got about Airbnbs are all my different investments was about bending. So I just niche down on, on bending and I just looked back on that and I was like, it really forced me to focus. Seth Bradley, Esq. (38:43.263) Awesome, awesome. What's one thing someone could do today to get 1 % closer to success in the vending machine business if they are really interested in learning more? Mike (38:53.892) tap into your connections and find a location that has high foot traffic, whether that's a friend that works at an urgent care, a sister that lives at an apartment. You know, you take your kid to that gymnastics studio that has a ton of foot traffic between 4 PM and 8 PM. Like all those locations are prime locations to put one of these modern smart machines in. so, tapping into your connections, well, you know, Seth Bradley, Esq. (39:24.567) Love that man. Awesome. All right, Mike, I appreciate it, brother. We'll to meet in person sometime, Mike (39:30.574) I would love to. Where are you based, Seth? Seth Bradley, Esq. (39:31.789) I'm in San Diego, where you at? Mike (39:34.78) I am in Eugene. Yeah, Oregon. I'll come down your way though. Seth Bradley, Esq. (39:37.39) Cool We're planning on doing yeah, we're planning on doing so me and my wife we have a Sprinter van and Last May we did we did going back to the flexibility piece, right? We did 32 days in the van up through Wyoming Montana and then into like Into Canada and they're like Banff and Jasper and all the way up to Jasper and then we circled back on the west coast Through Vancouver and then down back to San Diego Yeah Mike (40:05.52) What? Seth Bradley, Esq. (40:06.829) Pretty wild, pretty awesome. And the reason I brought that up is this year we're gonna do shorter trip. We're probably gonna do two, maybe three weeks at the most, but we're gonna do kind of the Pacific Northwest. So Oregon, Washington, and Vancouver and all those parks and stuff up there. Mike (40:17.254) Yeah. Mike (40:21.744) Yeah, you definitely have a, have you been to Bend before? Bend is like my, that whole area, Central Oregon is, and even Idaho, like all those kind of, yeah. That's awesome. Please let me know when you're up this way. I mean, I'll come meet you wherever. That'd be amazing. Absolutely. Yeah. Awesome. Yeah. Seth Bradley, Esq. (40:24.641) Yeah, yeah I have. Seth Bradley, Esq. (40:38.861) Sure man grab a coffee or beer. I appreciate it. Yeah, let's do it. Yeah all right brother great to meet you and I will send the information on when this is gonna get released and give you you materials and all that stuff so we can collaborate on social media Mike (40:51.964) Okay. Okay. Yeah. Is a lot of your audience, like passive investors? Seth Bradley, Esq. (40:58.593) So most of that, so now I'm rebranding. I rebranded because I'm gonna be speaking more towards like active entrepreneurs, Active entrepreneurs, people raising capital, that sort of thing. Whereas before it was based on passive investors and people really focused on attorneys. So I'm an attorney and I was raising capital from attorneys for my real estate deals. Now I'm really more into selling shovels. I'm scaling my law firm. I'm chief legal officer for Tribest, which is, we've got a fund to fund. Mike (41:20.262) Mm-hmm. Seth Bradley, Esq. (41:28.085) legal product there as well. So we're really trying to bring in active, active entrepreneurs and people raising capital. Mike (41:29.777) Yeah. Mike (41:36.572) Okay, because I got that, I was just thinking through when we talking about that oil development project, that could be a good, the guy that runs that fund could be a good interview for you. Just thinking through your audience, because he's always looking for investors into his fund and like these oil lubs are just crushing it. Seth Bradley, Esq. (41:49.901) Cool. Yeah. Seth Bradley, Esq. (41:58.464) Yeah, cool. Who is it? Just, I don't know if I know him or not. Mike (42:02.183) Um, Robert Durkey, he's out of Florida. has, his problem is he's sitting on a gold mine that has no, like he's old school, doesn't know social media, any of that. So that's why I think he'd be perfect for you. Cause I think you could help him and he could definitely help you with some kickback. Yeah. So cool. Yeah. Yeah. Yeah. Hopefully we meet soon. Okay. See you Seth. Bye. Seth Bradley, Esq. (42:05.645) I don't think I know. I don't think I know. Seth Bradley, Esq. (42:13.889) Yeah. Gotcha. Seth Bradley, Esq. (42:20.705) Cool, okay, sounds good man. Yeah, I appreciate the introduction. Yeah, all right brother. Talk soon. See ya. Links from the Show and Guest Info and Links: Seth Bradley's Links: https://x.com/sethbradleyesq https://www.youtube.com/@sethbradleyesq www.facebook.com/sethbradleyesq https://www.threads.com/@sethbradleyesq https://www.instagram.com/sethbradleyesq/ https://www.linkedin.com/in/sethbradleyesq/ https://passiveincomeattorney.com/seth-bradley/ https://www.biggerpockets.com/users/sethbradleyesq https://medium.com/@sethbradleyesq https://www.tiktok.com/@sethbradleyesq?lang=en Mike Hoffman's Links: https://www.instagram.com/mikehoffmannofficial/ https://x.com/mrpassive_?lang=en https://www.linkedin.com/in/mikedhoffmann/ https://www.tiktok.com/@mr.passive
Title: How to Make Millions with Vending Machines with Mike Hoffman Summary: In this conversation, Seth Bradley and Mike Hoffman delve into the world of vending machines as a business opportunity. Mike shares his journey from a Midwest farm boy to a successful entrepreneur in the vending industry, highlighting the evolution of vending technology and the potential for passive income. They discuss the importance of location, understanding demographics, and the scalability of vending routes. Mike emphasizes the need for upfront work and learning before delegating tasks, while also addressing the misconceptions surrounding passive income in the vending business. In this conversation, Seth Bradley and Mike discuss various aspects of entrepreneurship, particularly in the vending machine business. They explore the importance of capital raising, the journey of self-discovery, influences that shape business decisions, and the definition of success. The dialogue emphasizes the significance of flexibility, discipline, and focus in achieving entrepreneurial goals, while also touching on financial milestones and the attributes that distinguish successful entrepreneurs. Links to Watch and Subscribe: Bullet Point Highlights: Mike's journey from a classic Midwest farm boy to a successful entrepreneur. The evolution of vending machines from traditional to smart technology. Understanding the importance of location in the vending business. The analogy of baseball levels to describe starting in vending. Scaling up from single A to big leagues in vending routes. The significance of demographics in product selection for vending machines. The potential for passive income with proper systems in place. The need for upfront work before achieving passivity in business. Vending is not a get-rich-quick scheme; it requires dedication. The future opportunities in the vending industry are expanding rapidly. Raising capital can dilute ownership but may be necessary for rapid growth. Self-discovery often leads to unexpected career paths. Influences in business can come from personal experiences rather than just mentors. Success is often defined by the ability to prioritize family and flexibility. Entrepreneurs work harder than in traditional jobs but gain flexibility. Discipline is crucial for saying no to distractions. Successful entrepreneurs often focus on niche markets. High foot traffic locations are ideal for vending machines. AI is transforming business operations and efficiency. Networking and connections can lead to valuable opportunities. Transcript: Seth Bradley, Esq. (00:04.898) Mike, what's going on buddy? Doing great brother, doing great. How about you? Mike (00:06.748) Don't worry, Mike (00:11.664) Good, I'm a little flustered. I usually have my mic set up over here, but I guess we just moved and it's not here today. I guess, yeah, new office and it's been a whole hot mess. Seth Bradley, Esq. (00:19.822) New office or what? Seth Bradley, Esq. (00:27.862) Nice man, nice. I see you got the whiteboard cranking back there. Love to see that. Mike (00:33.114) Always. I love your background. That's sweet. Seth Bradley, Esq. (00:38.03) Thanks man, yeah, I'm on camera all the time so I like I need to just build this out instead of using like a green screen so Made the investment made it happen Mike (00:44.86) Totally. Yeah, absolutely. Seth Bradley, Esq. (00:49.442) Have we met in person or not? I don't know if we've met at a Wealth Without Wall Street event or I couldn't tell. Okay. No, I did not go to Nashville last year. Mike (00:58.478) I don't think so. don't think you're... Were you in Nashville last year? Mike (01:04.634) No, okay. No, I don't think we've met in person. Yeah. Seth Bradley, Esq. (01:08.256) Okay, all good, man. All good. Well, cool. I'll just go over the format real quick. We'll do kind of a shorter recording. We're do like 30 minutes, something like in that range. And then we'll just kind of like break. And then I'll, want to record a couple of other quick segments where I call it Million Dollar Monday. I'm kind of asking you about how you made your first, last and next million. And then 1 % closer, which would just be kind of what separates you, what makes you the top 1 % in your particular vertical. So we'll just kind of record those separately. Those will be real short, like five minutes or so. Mike (01:44.924) Okay, yeah, I'll follow your lead. All good. Seth Bradley, Esq. (01:47.15) Cool. Cool. Let's see. I think I already have this auto recording. So we're already recording. So I'll just jump right in. Mike (01:55.377) Okay. Seth Bradley, Esq. (01:57.782) Welcome to Raise the Bar Radio, hosted by yours truly Seth Bradley. We today we've got Mr. Passive, Mike Hoffman. Mike, welcome to the show. Mike (02:08.189) Thank you for having me fired up to be here. Seth Bradley, Esq. (02:10.855) Absolutely man, really happy to have you on. I know it's been a little bit of a trek here to get our schedules lined up, but really stoked to have you on today, man. I see you said you moved into a new office. You've got the whiteboard cranking, so love to see it. Mike (02:25.372) yeah, whiteboards are the only place I can get my thoughts down. Seth Bradley, Esq. (02:29.399) Yeah, man, it makes a difference when you actually write something rather than type it or even on a mirror board where you're doing it online. just there's something about physically writing something down. Mike (02:41.328) You know, I'm glad you said that because yesterday I flipped to Seattle for a quick work trip and I didn't have wifi and I literally had three pages of just, I, was so like the clarity of some of these kinds of bigger visions I have now from just being able to write for an hour on a flight was, I was like, man, I gotta do this more often. Seth Bradley, Esq. (03:00.363) Yeah, for sure. The key though is once you write it down, it just doesn't go into the trash or into a black hole somewhere where you never see it again. So that's kind of the disadvantage there. If you have it on your computer and you're taking notes or you have it on a mirror board, at least it's there to reference all the time. If you write it down on paper, sometimes, I've got my Raze Masters book right here for notes, but it's like, it might go into the abyss and I'll never look at it again. So you gotta be careful about that. Mike (03:27.184) Yeah, yeah, I need to check out the Miro boards. I've heard a lot of good things about them. Seth Bradley, Esq. (03:31.467) Yeah, yeah. Awesome, Mike. Well, listen, for our audience who doesn't know anything about you, maybe just tell them, you know, tell them a little bit about your background. Tell them about your your main business and we can take it from there. Mike (03:43.354) Yeah. So I think for those that don't know about me, I'm a classic Midwest farm boy started with a classic, you know, showing cattle at the county fair and all of that and had a lemonade stand growing up. And then my first job was actually at McDonald's, you know, thinking about the whole success of that business model. But when I was coaching and, out of college, I got my first rental and I was like, wow, this is crazy. making money without. really much time involved. and then with my work in Silicon Valley, know, Seth, was classic Silicon Valley, you know, cutthroat job that, startup life and traveling three weeks out of the month. And I was on, I was in airports all the time. And was like, these vending machines I would run into at airports were just so archaic. And so I went down this path of like unattended retail and kind of the future of, of that. And that's really where I just see a huge opportunity right now. And so it's kind of what led me into all these different income streams that I'm passionate about. Seth Bradley, Esq. (04:49.431) That's awesome, man. Well, let's dive into that a little bit deeper. me about these income streams. It centers around vending machines, right? But I'm sure there's a lot more to it. I'm sure there's a lot of different entry points for people. Maybe just kind of give us a general synopsis to start out. Mike (05:06.78) Yeah, so I think the big thing with, you know, if we're talking vending specifically as an income stream, you know, most people think of vending as the traditional machines where you enter in a code, you put your card on the machine and then a motor spirals down a Snickers bar or a soda and you go into the chute and grab it. Nowadays, there's these smart machines that literally you just unlock the door, or even if you go into, land in the Vegas airport right at the bottom of the escalator where it says, welcome to Las Vegas, there's a 7-Eleven with gates and AI cameras, and there's no employees in the 7-Eleven. And it just tracks whatever you grab and to exit the gate, you have to pay for it. So like, there's just this huge market now where we just installed it in urgent care. less than two months ago and we can do over the counter meds in that machine because it doesn't have to fit into a motor. It's just shelf space. You identify with the planogram with the AI cameras like, okay, Dayquil in this slot or Salad in this slot and then whatever they grab, gets charged to the person that pulls it from it. Seth Bradley, Esq. (06:15.469) That's interesting, man. Yeah, I mean, my initial thought too, was just like the traditional old vending machine where you're getting a candy bar or a cola out of there. But yeah, nowadays, now that you mentioned that, you see this more and more every single day where you've got these scanners, you've got kind of self-checkout, that sort of thing. So that's kind of, that expands that world and really opens it up to the future, right? Like it just really, that's what we're trying to get to, or at least we think we wanna get there, where we're kind of removing humans and... kind of working with technologies and things like that. Mike (06:49.488) Yeah, and I think, you know, removing the whole human thing. mean, those machines still got to get stocked and you know, there's not robots running around doing that. But I just come back to, I was a Marriott guy when I was on the road all the time and I'd go to these grab and goes at a Marriott and grab a, the end of the night, I'd grab like a little wine or an ice cream sandwich. And I literally had to go wait in line at the check-in desk behind three people checking in just to tell them, Hey, put these on. room charge and I was like if I had a checkout kiosk in that grab-and-go I could have just removed all the friction for this customer experience. Seth Bradley, Esq. (07:27.772) Right, 100%. Yeah, I mean, there's a place and time for it and there's more and more applications for it that just pop up every single day and you can kind of spot that in your life as you're just kind of moving through, whether you're checking into your hotel or whatever you're doing. Mike (07:41.456) Yeah, yeah. So that's just kind of what excites me today. Seth Bradley, Esq. (07:45.973) Yeah, yeah, so when a stranger asks you what you do just in the street, what do you tell them? Because I have a hard time answering that question sometimes too, but I'd love to hear what your answer is. Mike (07:56.804) Yeah, I would just say it depends on the day. You know, what do you do or what's your, you know, it's like at the golf course when you get paired up with a stranger and they're like, tell me about what you do for your career. And I just say, I'm a classic entrepreneur. And then I'm like, well, what do you do? And it's like, well, tell me about the day. You know, what fire are you putting out? Like today we just got the go ahead for five more urgent cares for our local route. But then, you know, we have a community of operators across the country that we help really build. Seth Bradley, Esq. (07:57.933) haha Ha ha ha. Seth Bradley, Esq. (08:09.879) Yeah. Yeah. Mike (08:25.616) Vending empires and so we had a group call this morning. So literally, there's a lot of just, you know, it's classic entrepreneurial life. You never know what the day's script is gonna be. Seth Bradley, Esq. (08:36.161) Yeah, for sure. And you focus a lot on not only on your own business, but also teaching others, right? Teaching others how to kind of break into this business. Mike (08:45.402) Yeah, that's my passion, Seth. When I got into my first investment out of college was a $70,000 rental, you know, putting 20 % down or 14K and using an emergency fund. like my background in going to college was as a coach. like I knew I wanted to kind of take that mindset of like coaching people, you know, teach them how to fish. I don't want to catch all the fish myself. It's just not fulfilling that way. So that's really where my passion is. Seth Bradley, Esq. (09:15.373) Gotcha, gotcha. tell me about like, tell me about step one. I mean, how does somebody break into this business? Obviously your own personal business is probably very advanced. There's probably a lot more sophisticated investing strategies at this point and you've got different layers to it. But somebody just kind of starting out that said, hey, this sounds pretty interesting. This vending machine business sounds like it can be passive. How do you recommend that they get started? Mike (09:40.57) Yeah, so I'm always, I view like the whole vending scale as similar to Major League Baseball. You got your single A all the way up to the big leagues. And if you're just starting out, I always recommend like find a location where you can put a machine and just learn the process. Like to me, that's single A analogy. you know, that always starts with, people want to jump right to like, well, what type of machines do you recommend? products, how do you price products? And the first question I'll always ask Seth is, well, what location is this machine going in? And they're like, well, I don't know yet. I was just going to buy one and put it in my garage to start. And it's like, no, you need to have the location first. So understanding that, is it a pet hospital? Is it an apartment? Is it a gym? Where is the foot traffic? And then you can cater to what's the best machine for that type of location. Seth Bradley, Esq. (10:36.887) Got it, got it. Now is this a kind of a rent, you rent the space to place the machine with that particular business or wherever you're gonna place it or how does that all come together? Mike (10:47.644) not typically, some people are kind of more advanced, like apartment complexes are used to the revenue share model. So they're going to ask for a piece of the pie for sure, for you to put the machine in their lobby. but like, you know, when we're talking urgent carers or even pet hospitals are viewing it as an amenity. And so we probably have, I don't even know how many machines now 75 now, and we, you know, less than half of those actually, Seth Bradley, Esq. (10:50.423) Okay. Mike (11:15.1) us rent or ask for a revenue share to have them in there. So I never leave lead with that, but we'll do it if we need to get the location. Seth Bradley, Esq. (11:23.989) Interesting gotcha. So it's really a value add for wherever you're gonna place it and that's how most people or I guess most businesses would look at that and then you're able to capture that that space Mike (11:27.366) Mm-hmm. Mike (11:34.236) Yeah, absolutely. So, um, a great case study is we have a 25 employee roughing business here in Oregon. And you might think like, only 25 employees. It's not going to make that much money. Well, we do $1,200 a month. And the cool thing about this, Seth, is the CEO of this roughing company literally did napkin math on how much it costs for his employees to drive to the gas station during their 20 minute break. And then How much they're paying for an energy drink at the gas station and then how much gas they're using with the roofing like the work trucks to get to and from the gas station So he's like I want to bring a smart machine into our warehouse Set the prices as half off so that four dollar monster only costs his rofers two dollars and then we invoice him the the business owner every month for the other 50 % and so he actually Calculated as a cost savings not asking for money to rent the space Seth Bradley, Esq. (12:35.597) Yeah, gotcha, gotcha. That makes sense. That makes sense. I love the baseball analogy with the single A, double A, triple A, even into the big leagues here. know, a lot of the folks that listen to this are already kind of, you know, in the big leagues or maybe think about some capital behind them. Like how would they be able to jump right in, maybe skip single or double A or would they, or do you even suggest that? Do you suggest that they start, you know, small just to learn and then maybe invest some more capital into it to expand or can they jump right to the big leagues? Mike (12:48.891) Yeah. Yeah. Mike (13:03.966) I think they can jump right to the big leagues. this is, I'm glad you brought this up because just listening to some of your episodes from the past, there's no doubt that you have people that could buy a route like a off biz buy sell today. And I think this is a prime opportunity. it's very similar to flipping a house. you, you know, there's a route in Chicago, I think it was for $1.1 million, you know, whatever negotiating terms or seller financing or, or what have you, got a lot of, your, your audience that is experts in that. But the cool thing about these routes is they have the old school machines that have the motors and that are limited to, this type of machine, you can only fit a 12 ounce cannon. Well, guess what? The minute you buy that route, you swap out that machine with one of these micro markets or smart machines. Now you just went from selling a 12 ounce soda for $1.25 to now a 16 ounce monster for $4.50. Well, you just bought that location based on its current revenue numbers and by swapping out that machine, you're going to two or three acts your revenue just at that location. And so it's truly just like a value play, a value upgrade, like flipping the house of, okay, there's a lot of deals right now of these routes being sold by baby boomers where it's like, they got the old school Pepsi machine. Doesn't have a credit card reader on it. They can't track inventory remotely via their cell phones. So They're not keeping it stocked. Like all those types of things can really play in your favor as a buyer that just wants to get to the big leagues right away. Seth Bradley, Esq. (14:37.651) I love that. When you say buy a route, what are you really buying? Tell me about the contractual agreement behind that. What are you really buying there? Mike (14:47.184) You're just buying the locations and the equipment associated with it. So like this Chicago route, it's like, we have machines in 75 properties all across the Chicago suburbs. And they could be medical clinics. could be apartments. could be employee break rooms at businesses, but that's when you start diving into those locations. It's like, I have a snack machine and a soda machine here. Well, you swap that out with a micro market that now instead of. Seth Bradley, Esq. (14:49.279) Okay. Okay. Mike (15:13.626) that machine that'll only hold a small bag of Doritos that you charge two bucks, well now you get the movie size theater bags that you can really put in there in a micro market. Like naturally just that valuation of that route based on those 75 machines current revenue, I mean you're gonna be able to two or three X your revenue right by just swapping out those machines. Seth Bradley, Esq. (15:35.959) Wow, yeah, I love that analogy with real estate, right? It's just like a value add. It's like, how can I bring in more income from what already exists? Well, I need to upgrade or I need to put in some capital improvements, whatever you want to call it. Here's the vending machine upgrades or a different kind of system in there. And you get more income. And obviously that business in itself is going to be worth more in a higher multiple. Mike (15:58.396) Absolutely. mean, a great example of this is we had a machine in an apartment complex and it was your traditional machine with the motors and you have to enter in the code. Well, we could only put in four 12 ounce drinks and then chips. Well, we swapped that out with a micro market. Well, now that micro market, we literally put in bags of Tide Pods for laundry, like these big bags of Tide Pods. We'll sell those like hotcakes for 15 bucks. And our old machine, Seth Bradley, Esq. (16:25.281) Yeah, let's say those aren't cheap. Mike (16:27.246) Yeah, our old machine Seth, it would take us to get to 15 bucks, we'd have to sell eight Snickers. That's one transaction. Seth Bradley, Esq. (16:33.547) Right, right. Yeah, yeah. How do you do an analysis kind of based on like what you think is gonna sell there, right? Like you're replacing, let's say a Dorito machine with Tide Pods, you know? So you have to individually go to each location and figure out what will work, what will sell. Mike (16:47.738) Yeah. Mike (16:51.834) It's all about demographic. Absolutely. So, you know, we have, we have, we have a micro market and a manufacturing plant that's, it's a pumpkin farm and there's a ton of Hispanic workers. So we do a lot of like spicy foods, a lot of spicy chips. do, we do a ton of, mean, the sugar or sorry, the glass bottle cokes. They do, they love their pastries. Seth Bradley, Esq. (16:53.431) Yeah. Seth Bradley, Esq. (17:06.349) Yeah. Mike (17:15.868) So we just doubled down on the demographics. So yesterday I was filming at one of our micro markets that's in a gym and they crushed the Fairlife protein shakes, like the more modern protein shakes, but they won't touch muscle milk. So we're literally taking out one row of muscle milk just to add an extra row of Fairlife shakes. So you're constantly just catering to the demographics and what's selling. Seth Bradley, Esq. (17:40.632) Yeah, yeah, this is awesome. I mean, this is literally just like real estate, right? Like you go and you find a good market. You're talking about demographics, right? Find the market, see what they want, see how much you can upgrade, how you can upgrade. If it's an apartment, it's a unit. If it's here, it's the product that you're selling and the type of machine, or maybe it's a mini market. A lot of things to kind of tie your understanding to here. Mike (17:45.926) Yeah. Mike (18:05.904) Yeah, absolutely. Seth Bradley, Esq. (18:07.615) Yeah, awesome, man. Awesome, Where are you at in your business? Like what, you know, what are the big leagues looking like right now? You know, what are you doing to expand your business, raising the bar in your business? Mike (18:18.692) Yeah, I'm going after that's a really good question. I'm going after kind of these newer markets and we're kind of past that point of like, okay, let's pilot in this location. For example, that urgent care, we didn't know if it was going to be a good location two months ago when we installed. Well now it's already crushing it. Well, there's six other urgent cares in town and we just got to go ahead on five of those six. So like for me, it's doubling down on our current proof points of where. okay, we know that manufacturing plant, the pumpkin farm does really well. So let's start getting intros to all their, manufacturers of the products they need to grow pumpkin. know, like we're just doubling down on scaling because now we have the operational blueprint to really just kind of to go after it. Seth Bradley, Esq. (19:03.917) Gotcha, gotcha. Tell me about how passive this can really be, right? So I used to have, before we switched over to the new brand, Raise the Bar podcast, it was the Passive Income Attorney podcast, right? I was really focused on passive investments, focused on bringing in passive investors into my real estate deals, things like that. And I think that word passive gets thrown around quite a bit, right? And sometimes it's abused because people get into things that are not truly passive. Mike (19:18.427) Yeah. Mike (19:28.784) Mm-hmm. Seth Bradley, Esq. (19:33.517) What's your take on that as it relates to the vending business? Mike (19:38.49) Yeah, so I think as far as with the vending business, there's clearly upfront leg work that needs to be done, whether that's finding locations or any of those things. So I have a route that is here in Oregon, and then we bought a route last year in Illinois and have scaled that route. I spend 30 minutes a week on each route now. that these urgent cares and stuff, like we have an operator that's running the whole route. Here's the problem, Seth. It's like people are so scared to build systems to ultimately systemize things or they're too cheap to hire help. And I'm the opposite. like, you know, kind of like Dan Martell's buy back your time. Like I have like a leverage calculator and like I constantly think about is this worth my time? Cause as you know, you're busier than me. Like it's so limited. for me, my routes, I would consider them passive, like one hour a week is, is nothing in my mind. But as far as like, you know, I'm, I'm also a passive investor on, we're building a, an oil loop station in Florida and I sent my money a year ago to, to my, active investor and I haven't talked to him since. Like that's actually truly probably passive now, you know, I'm not doing anything, but there's, there's different levels to that. And I'm a huge believer like. don't delegate something until you know what you're delegating. So people that want to start with the vending routes, sure, if you want to buy a route that already has an operator, that's one thing. but these, if you're starting a vending route for your kid or for your stay at home wife or whatever, as a side hustle, like get in the weeds and install that first machine. So when you hire help to take over the route, you know what you're delegating. Seth Bradley, Esq. (21:09.773) Mm-hmm. Seth Bradley, Esq. (21:27.021) Yeah, that's key. That's key. And you you described just like any other business, right? I think that's kind of where people get themselves into trouble. That sometimes they get sold the dream that is truly passive. And eventually it can be. I mean, you're talking about an hour a week. To me, that's pretty damn passive, right? But you know, upfront, you you've got to learn the business. You've got to know what you're getting yourself into. Like you said, you've got to learn before you delegate so that you know what you're delegating. There is going to be some upfront work and then as you're able to kind of delegate and learn Then you can make it more and more passive as you go Mike (22:00.88) Yeah, I mean, it's no different than what's the same when people tell you that they're busy. I mean, you're just not a priority. Like that's a fact. you're not. People say it's the same thing when people come to me and they're like, I'm so busy. It's like, okay, well let me, let me see your schedule. Where are you spending your time? You know, it's like when people are like, I can't lose weight. Okay, well let me see your food log. What did you eat yesterday? Did you have ice cream? Like this is like the same kind of thing. That's where passive I think has been really abused. Seth Bradley, Esq. (22:16.097) Yeah. Yep. Mike (22:29.638) To me, the bigger issue is like, vending is not get rich quick. And so like, if you're expecting to leave your nine to five tomorrow and vending is going to make up for that in one day, like that's not going to Seth Bradley, Esq. (22:41.089) Right, Makes sense. Speaking of passive, do you raise capital or do you have any kind of a fund or have you put together a fund for something like this? Mike (22:51.48) We haven't put together a fun, we're definitely buying routes is definitely becoming more and more intriguing. And I know there's some PE players starting to get into the vending game, but it's something we've been definitely considering and on our radar of do we want to. Seth Bradley, Esq. (22:58.541) Mm-hmm. Seth Bradley, Esq. (23:10.231) Gotcha. Cool. I mean, you brought in money partners for some of those routes yet, or is that still something you're exploring too? Mike (23:18.168) No, I think it's just something we're thinking about. mean, what do you recommend? Seth Bradley, Esq. (23:21.089) Yeah. Yeah. Well, I'd recommend I mean, it depends, right? Like I'm I'm scared to turn you by trade, but I don't like to say you should always raise capital no matter what. Right. Like you've been able to scale your business as you have and grown it to where it is without bringing outside capital. It sounds which is great because you own 100 percent or with whatever business partners you might have. You know, when you start raising capital, you're giving a large chunk of that piece away, not necessarily your whole company. But if you're buying you know, a set of routes or that sort of thing. You you're gonna give a big piece away to those past investors if you're starting a fund or even if it's up. Even a single asset syndication here for one of these, you know, these routes, you could put it together that way. You know, it's just something to consider. But a lot of times when people are looking to scale fast, right, if they wanna grow exponentially, you've gotta use other people's money to get there or hit the lottery. Mike (24:08.294) Mm. Mike (24:15.856) Absolutely, no, agree. That's spot-on and I actually before you know the Silicon Valley company That I was part of we had a we went through probably series a B C D C ground Let's just say we weren't very fiscally responsible. So I come from the, you know, it's like the ex-girlfriend example. I don't want to just start taking everyone's money. Seth Bradley, Esq. (24:42.413) Yeah, yeah, that tends to happen with some startups, right? Like before you get funding, you're super frugal because it's your money and every single dollar counts. And you're like, I don't want to pay, you if it's software, you don't want to pay the software engineers. I'm going to out, you know, put it, you know, hire Indian engineers, that sort of thing. And then once you get a few million bucks that you raised in that seed round, then it just goes and you're like, whoa, wait a minute, let's hire 20 people. You know, it's you got to be careful about that. Mike (25:05.606) Yeah Yeah, yeah, that's a great, great take on it. Seth Bradley, Esq. (25:11.245) Yeah, it's, yeah. It's a question I love to ask and I think it's about time for that. So, in a parallel universe, tell me about a different version of you. So a different but likely version, right? Like, for example, for me, I went to med school for a year and a half and then I dropped out and I ended up becoming an attorney. So that was like a big turning point, right? So I could have easily at some point just said screw it and became a doctor and that would have been a totally different route than I'm going down right now. What's an example of something like that for you? Mike (25:42.524) Wait, are you being serious about that? I took the MCAT too. I got into med school and then I, yeah, I was pretty mad in school. And then the more I learned about exercise science, I was like, organic chemistry is not fun. Seth Bradley, Esq. (25:44.321) Yeah, totally. yeah? There you go. Seth Bradley, Esq. (25:57.39) It is not fun. I did not love that. I majored in exercise physiology and then I ended up switching to biology because it was just a little bit of an easier route to get my degree and go into med school and I went for a year and a half and then I dropped out because I absolutely hated it. I knew I didn't want to do it. I was just more attracted to business and that sort of thing. Mike (26:16.346) Yeah, that's crazy. That's awesome. parallel universe. I, that's a really good question. I don't know. I, kinda, I have two kids under three and the other side of me wishes I would have traveled more. you know, I mean, we'll get there hopefully when they get out of high school and someday. But right now I just think there's so many different cultural things and ways to skin the cat. And it's just fascinating to learn some of those things. Mike (26:55.352) yourself in those cultures. go to different cultures and really like understand how they did things for a time, a period of time to really just learn their thinking. Seth Bradley, Esq. (27:07.777) Yeah, I love that man. I had a similar experience of what you're describing. I didn't travel abroad really other than like, you know, Canada and Mexico until I studied abroad in Barcelona during law school and I got to stay there for a couple of months. So you actually had some time. It wasn't like you're just visiting for a week or a weekend or anything like that. You got to kind of live there right for a couple of months and it just totally changed my, you know, my outlook on life and just the way that you see things like I feel like we're in the US and we just think Mike (27:19.627) Seth Bradley, Esq. (27:37.76) US is number one and there's only one way to do things the way that we do things that kind of attitude. And then when you go to Western Europe and you see that culture and you drive or get on a train, it's like an hour away and you're in a totally different culture and they're doing it a certain way as well and it's working. You just see that other people are doing things differently and still being successful at it, still having a thriving culture and it's just awesome to see. Mike (28:03.312) Yeah, absolutely. Seth Bradley, Esq. (28:06.251) Yeah. Tell me about some major influences in your life. What turned you or got you into that, the vending business? It's not one of those typical things. mean, I know you're in the education business, so you're kind of really spreading the word about this type of business. But I would say when you started, there might not have been a mastermind or educational courses around this. mean, how did you kind of get drawn into that? Were there any particular people or influences that brought you in? Mike (28:29.308) you Mike (28:36.188) Yeah. So the, biggest influence for me to get into vending, uh, wasn't actually a person. It was actually, was, um, I had landed, I was coming back from the Pentagon from a trip back to the Bay for the startup we were talking about. And I was in the Denver airport and 11 PM, you know, our flight was delayed. And then they're like, Hey, you have to stay in the airport tonight. The pilot went over their hours for the day, blah, blah, blah. So I went to a vending machine and I remember buying a bottle of water. I think it costs like at the time three bucks or something. I knew that bottle of water cost 20 cents at Costco. And I was like, there is someone that's at home with their kids right now making money off me and they're not even at this mission. Like the machine is doing the work. So I had like an aha moment of like, what are my true priorities in life? And like, why am I chasing this cutthroat startup from. Palo Alto and trying to make it when reality was my priorities are freedom to spend more time with my family. So that's really kind of what led me into this path of starting a vending machine side hustle to keep our lifestyle as we had kids. We wanted to have a nanny and we wanted to be able to still go on dates and things like that as a couple with my wife. So that's really kind of my family and just like... having the freedom to do things. Like that's what I'm really passionate about. Seth Bradley, Esq. (29:59.084) Yeah. Yeah. I mean, building on that, and you may have already answered that, but what does success look like for you? Mike (30:01.766) next Mike (30:06.268) an empty calendar. Seth Bradley, Esq. (30:08.621) Good luck with that. Good luck with that. Mike (30:11.516) Oh man, I was gonna say, how do we crack that code? No, yeah. No, but I think success to me is doing things like picking up my daughter at three and even being able to say no to the things that aren't gonna get you to where you need, like the discipline piece of this too. Seth Bradley, Esq. (30:15.708) man. Seth Bradley, Esq. (30:33.995) Yeah, yeah, mean, you know, for me, it's kind of similar, right? It's not going to be able to empty that calendar. Not yet, at least maybe here in the future. But for now, it's pretty filled. But it is it's flexible, right? Like us as entrepreneurs, you know, we probably work more than we ever worked when we were in our W-2s. But at the same time, it's you know, we're working in our own business for ourselves, for our families. And we have the Flexibility, a lot of people will say the freedom, right? But we have the flexibility to move things around. And if you want to pick your kids up at school at three, or you do want to take a weekend off, or something comes up in your schedule, you have the flexibility to do that. Whereas if you're kind of slaving away at the nine to five, you can't really do it. Mike (31:04.486) Yeah. Yeah. Mike (31:20.198) Yeah, that's spot on. mean, I just wrote that down, but flexibility is, cause you're right. When you started becoming an entrepreneur, this is what I tell people all the time when they want to get a venting around is like running your own business. You are going to work harder than you do for your boss currently at your W-2. Like you have to do payroll. You have to do, like you gotta like make sure there's money to actually do pay, you know, like all those things that you just don't even think about when you have a W-2. It's like, today's Seth Bradley, Esq. (31:39.543) Yeah Mike (31:48.89) You know, this Friday I get paid. Well, when you run a business, mean, that money's got to come from somewhere. Seth Bradley, Esq. (31:51.905) Yeah Right, yeah, 100%, man, 100%. All right, Mike, we're gonna wrap it up. Thanks so much for coming on the show. Tell the listeners where they can find out more about you. Mike (32:05.286) Yeah, so thanks for having me. This has been great. I have free content all over the place. can find me on the classic Instagram, Twitter, YouTube, but I also have vendingpreneurs.com is where we help people that are more interested in actually the vending stuff. But I've been really trying to double down on YouTube lately because there's just a lot of content and you can't get it off a one minute reel. Seth Bradley, Esq. (32:32.417) Love it, man. All right, Mike, appreciate it. Thanks for coming on the show. Mike (32:35.91) Thanks for having me. Seth Bradley, Esq. (32:37.227) Hi brother. Alright man, got a couple more questions for you. We do like a quick, kind of do the full podcast episode and then I'll just do kind of a quick episode that'll follow up on a Monday and then another one on a Friday. Cool. Mike (32:55.814) See you. Seth Bradley, Esq. (32:59.693) We out here. Welcome to Million Dollar Mondays, how to make, keep, and scale a million dollars. Mike is a super successful entrepreneur in the vending machine business and beyond. Tell us, how did you make your first million dollars? Mike (33:20.922) Yeah, Seth. It was probably actually through real estate and just getting a little bit kind of lucky with timing with COVID and short-term rentals and some of that. But yeah, that's probably how I got the first million. Seth Bradley, Esq. (33:25.229) Mm. Seth Bradley, Esq. (33:37.079) Gotcha, cool. Yeah, real estate usually plays a role in the everybody's strategy down the line, whether they're in that primary business or not, whether they start out there or they end up there, real estate usually plays a part. How'd you make your last million? Mike (33:53.956) Yeah, that's a good question because it's completely different than real estate, but it's actually been vending machines. So that's been kind of fun. just, you you talk about product market fit whenever you're an entrepreneur with a business. And that was just kind of the perfect storm right now of traditional vending really kind of being outdated. And we found a product market fit with it. Seth Bradley, Esq. (33:57.57) Right. Yeah. Seth Bradley, Esq. (34:16.215) Gotcha. Cool. that was from, was this maybe mostly attributed to kind of buying those routes, those larger routes? Mike (34:23.32) Exactly. Yeah. Buying old school routes and really kind of flipping them like a house with modern micro markets charging, with different products and what would fit in a vending machine, like more of the unorthodox, you know, toilet paper and tide pods and things that wouldn't fit in a traditional vending machine. I mean, we'll sell $35 bottles of shampoo in these micro markets. So just kind of, go and add it in a different way. Seth Bradley, Esq. (34:49.857) Yeah, and then with the aging population, there's gotta be more and more of these things popping up. So there should be more opportunity for people to get involved or for people like yourself to just snag everything, right? Mike (35:01.102) Yeah, I think there's no chance I could snag everything, not even just in this town alone that I'm currently in. I mean, machines are getting cheaper, the technology is getting way better with AI. And nowadays, it's not what fits in a vending machine motor. It's okay, what's shelf space? if it's a bottle of shampoo or a glass Coke, it doesn't matter because it's not just getting thrown down the chute of a traditional machine. Seth Bradley, Esq. (35:05.387) Yeah. Seth Bradley, Esq. (35:27.521) Makes sense, makes sense. Last, how are you planning on making your next million dollars? Mike (35:34.3) I think probably with AI, we're doing a lot of interesting stuff with helping people scale their, their vending routes. that is applicable to any, small business. And so I'm really intrigued. Just every time I go down a rabbit hole with some new AI tool, I feel like there's another better one that just came right behind it. So I just think it's kind of that time where you can really get ahead by just learning. Seth Bradley, Esq. (36:06.209) Yeah, totally makes sense. mean people that are not paying attention to AI whether it's simply using chat GPT instead of Google search are getting left behind quickly because it's just advancing so fast. I can't even imagine what this world's gonna look like five years from now the way that things are moving. Mike (36:23.132) It's crazy. Three years ago when I was working for a tech company selling software into the government, I would have to work with three secretaries to schedule a meeting with the general to sell their software. Now my EA is literally an AI bot and everyone that's scheduling time on my calendar, they don't even know they're talking to a non-human, which is pretty Seth Bradley, Esq. (36:43.479) Yeah, 100%. We're gonna, I predicted within five years, everybody's gonna have a humanoid robot in their home with AI instilled and they're gonna be doing physical things for us at our homes. Yeah. Yep. Yep. 100%. Awesome, All right, moving on to the next one. Mike (36:50.181) Yeah! Mike (36:57.917) I hope so. I hope they can go to Costco get all our groceries do our do our laundry The dishes Seth Bradley, Esq. (37:11.501) You're clearly in the top 1 % of what you do, Mike. What is it about you that separates you from the rest of the field? Mike (37:19.056) Ooh, that's a good question, Seth. I think it's just discipline, know, discipline and focus. One of the hardest things is being able to say no with the things that don't align. And when I was growing up, I had a quote that has really stuck with me. That's like, it's better to be respected than liked. And I think that really resonates. Like naturally as a human, you want to be liked and help people, but the 1 % are really good at saying no. Seth Bradley, Esq. (37:47.649) Yeah, I love that man. That's a great answer. Kind of building on that, what do you think the number one attribute is that makes a successful entrepreneur? Mike (37:57.468) probably focus. Yeah. Yeah. Seth Bradley, Esq. (37:59.212) Yeah, focus. Yep. The one thing, right? The one thing. Mike (38:04.186) Yep. That's why you come back to like the most successful entrepreneurs. They always niche down and they niche down because they just, got hyper-focused. Like this is kind of why for me, you know, I started this passive Mr. Passive on social media before I even got into Vendi. Well, now everyone's like, well, how passive is Vendi? And well, it's like, what's really interesting is I was posting all these different, what I thought passive income streams in the time, but everyone, 95 % of the questions I got about Airbnbs are all my different investments was about bending. So I just niche down on, on bending and I just looked back on that and I was like, it really forced me to focus. Seth Bradley, Esq. (38:43.263) Awesome, awesome. What's one thing someone could do today to get 1 % closer to success in the vending machine business if they are really interested in learning more? Mike (38:53.892) tap into your connections and find a location that has high foot traffic, whether that's a friend that works at an urgent care, a sister that lives at an apartment. You know, you take your kid to that gymnastics studio that has a ton of foot traffic between 4 PM and 8 PM. Like all those locations are prime locations to put one of these modern smart machines in. so, tapping into your connections, well, you know, Seth Bradley, Esq. (39:24.567) Love that man. Awesome. All right, Mike, I appreciate it, brother. We'll to meet in person sometime, Mike (39:30.574) I would love to. Where are you based, Seth? Seth Bradley, Esq. (39:31.789) I'm in San Diego, where you at? Mike (39:34.78) I am in Eugene. Yeah, Oregon. I'll come down your way though. Seth Bradley, Esq. (39:37.39) Cool We're planning on doing yeah, we're planning on doing so me and my wife we have a Sprinter van and Last May we did we did going back to the flexibility piece, right? We did 32 days in the van up through Wyoming Montana and then into like Into Canada and they're like Banff and Jasper and all the way up to Jasper and then we circled back on the west coast Through Vancouver and then down back to San Diego Yeah Mike (40:05.52) What? Seth Bradley, Esq. (40:06.829) Pretty wild, pretty awesome. And the reason I brought that up is this year we're gonna do shorter trip. We're probably gonna do two, maybe three weeks at the most, but we're gonna do kind of the Pacific Northwest. So Oregon, Washington, and Vancouver and all those parks and stuff up there. Mike (40:17.254) Yeah. Mike (40:21.744) Yeah, you definitely have a, have you been to Bend before? Bend is like my, that whole area, Central Oregon is, and even Idaho, like all those kind of, yeah. That's awesome. Please let me know when you're up this way. I mean, I'll come meet you wherever. That'd be amazing. Absolutely. Yeah. Awesome. Yeah. Seth Bradley, Esq. (40:24.641) Yeah, yeah I have. Seth Bradley, Esq. (40:38.861) Sure man grab a coffee or beer. I appreciate it. Yeah, let's do it. Yeah all right brother great to meet you and I will send the information on when this is gonna get released and give you you materials and all that stuff so we can collaborate on social media Mike (40:51.964) Okay. Okay. Yeah. Is a lot of your audience, like passive investors? Seth Bradley, Esq. (40:58.593) So most of that, so now I'm rebranding. I rebranded because I'm gonna be speaking more towards like active entrepreneurs, Active entrepreneurs, people raising capital, that sort of thing. Whereas before it was based on passive investors and people really focused on attorneys. So I'm an attorney and I was raising capital from attorneys for my real estate deals. Now I'm really more into selling shovels. I'm scaling my law firm. I'm chief legal officer for Tribest, which is, we've got a fund to fund. Mike (41:20.262) Mm-hmm. Seth Bradley, Esq. (41:28.085) legal product there as well. So we're really trying to bring in active, active entrepreneurs and people raising capital. Mike (41:29.777) Yeah. Mike (41:36.572) Okay, because I got that, I was just thinking through when we talking about that oil development project, that could be a good, the guy that runs that fund could be a good interview for you. Just thinking through your audience, because he's always looking for investors into his fund and like these oil lubs are just crushing it. Seth Bradley, Esq. (41:49.901) Cool. Yeah. Seth Bradley, Esq. (41:58.464) Yeah, cool. Who is it? Just, I don't know if I know him or not. Mike (42:02.183) Um, Robert Durkey, he's out of Florida. has, his problem is he's sitting on a gold mine that has no, like he's old school, doesn't know social media, any of that. So that's why I think he'd be perfect for you. Cause I think you could help him and he could definitely help you with some kickback. Yeah. So cool. Yeah. Yeah. Yeah. Hopefully we meet soon. Okay. See you Seth. Bye. Seth Bradley, Esq. (42:05.645) I don't think I know. I don't think I know. Seth Bradley, Esq. (42:13.889) Yeah. Gotcha. Seth Bradley, Esq. (42:20.705) Cool, okay, sounds good man. Yeah, I appreciate the introduction. Yeah, all right brother. Talk soon. See ya. Links from the Show and Guest Info and Links: Seth Bradley's Links: https://x.com/sethbradleyesq https://www.youtube.com/@sethbradleyesq www.facebook.com/sethbradleyesq https://www.threads.com/@sethbradleyesq https://www.instagram.com/sethbradleyesq/ https://www.linkedin.com/in/sethbradleyesq/ https://passiveincomeattorney.com/seth-bradley/ https://www.biggerpockets.com/users/sethbradleyesq https://medium.com/@sethbradleyesq https://www.tiktok.com/@sethbradleyesq?lang=en Mike Hoffman's Links: https://www.instagram.com/mikehoffmannofficial/ https://x.com/mrpassive_?lang=en https://www.linkedin.com/in/mikedhoffmann/ https://www.tiktok.com/@mr.passive
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Çdo mëngjes zgjohuni me “Wake Up”, programi i njëkohshëm radio-televiziv i “Top Channel” e “Top Albania Radio”, në thelb ka përcjelljen e informacionit më të nevojshëm për mëngjesin. Në “Wake Up” gjeni leximin e gazetave, analiza të ndryshme, informacione utilitare, këmbimin valuator, parashikimin e motit, biseda me të ftuarit në studio për tema të aktualitetit, nga jeta e përditshme urbane e deri tek arti dhe spektakli si dhe personazhe interesantë.
Una bruja real cuenta su historia de dolor y sufrimiento, la sociopatía que desarrollo en su infancia y la llevo a convertirse en una hechicera, adoradora del diablo y bruja de poderes malignos. Un testimonio escalofriante de como la maldad puede, llevar a una persona a caminar por los umbrales del infierno y ganarse un lugar en este abismo. Hosted on Acast. See acast.com/privacy for more information.
En este video analizamos el reciente caso de Juan Requesens, quien, tras pasar cuatro años separado de su familia, finalmente reaparece visitando a sus hijos en Estados Unidos. Un hecho que levanta más preguntas que certezas: ¿es este el "premio" tras pactar con el régimen? ¿Fue su salida parte de una nueva negociación electoral con la dictadura?Este caso se suma a una tendencia cada vez más clara: ex presos políticos que, tras su liberación, terminan alineados con intereses del chavismo, recibiendo pasaportes, partidos políticos, candidaturas... o hasta canales de YouTube.Hablamos también de la llamada "generación RCTV-Globovisión", jóvenes figuras de la política opositora que pasaron de la cárcel al poder, o al negocio. Casos como Daniel Ceballos, Yon Goicoechea y otros que ilustran cómo el chavismo convierte la represión en una herramienta de cooptación.
Agradece a este podcast tantas horas de entretenimiento y disfruta de episodios exclusivos como éste. ¡Apóyale en iVoox! EL PADRE DEL ROCK AND ROLL William John Clifton "Bill" Haley (Highland Park, Detroit, Míchigan; 6 de julio de 1925-Harlingen, Texas; 9 de febrero de 1981) fue un músico estadounidense, uno de los propulsores del rock and roll, que popularizó grandemente este tipo de música a principios de 1950 con su grupo Bill Haley & His Comets, teniendo hits con ventas millonarias como "Rock Around the Clock", "See You Later, Alligator", "Shake, Rattle and Roll", "Rocket 88", "Skinny Minnie" y "Razzle Dazzle". Vendió más de 25 millones de discos en todo el mundo. A Haley se le considera el padre del rock and roll. Rock Around the Clock y el estallido del rock and roll En 1953, Haley tuvo su primer éxito nacional con una canción de su coautoría (con Marshall Lytle) titulada "Crazy Man, Crazy", una frase que Haley dijo oía decir a su público adolescente. "Crazy Man, Crazy" fue la primera canción de rock & roll en ser televisada por una cadena nacional cuando fue utilizada ese mismo año como banda de sonido de un programa de televisión protagonizado por James Dean. A comienzos de 1954, Haley sumó a Joey Ambrose como saxo tenor y poco después dejó el sello Essex por el más importante Decca Records de Nueva York. El 12 de abril de 1954, en su primera sesión para el nuevo sello, acompañados por Danny Cedrone en guitarra eléctrica y Billy Gussak en batería (reemplazando a Boccelli), Bill Haley y sus Comets grabaron "Rock Around the Clock". Se trata del más grande éxito de Haley y una de las canciones más importantes de la historia del rock and roll. Aunque su éxito inicial fue moderado, se estima que se vendieron 25 millones de copias según el Libro Guinness de los récords. Inicialmente "Rock Around the Clock" fue un éxito modesto. En su momento fue mucho más importante "Shake, Rattle and Roll", grabado a comienzos de 1954, con el que vendieron un millón de copias, anticipando el estallido que la banda protagonizaría al año siguiente. A fines de 1954, Haley grabó un nuevo éxito, "Dim, Dim The Lights". Estos éxitos impulsaron a algunos DJ, entre ellos Alan Freed, a redescubrir y difundir anteriores grabaciones de la banda, entre ellas "Rock Around the Clock".. El 25 de marzo de 1955 se estrenó la película Semilla de maldad ("Blackboard Jungle", cuya traducción textual es Jungla de Pizarrones), en la que Bill Haley y sus Cometas interpretan Rock Around the Clock como primera escena. El impacto fue grande en todo el país: el tema se convirtió en N.º 1 en las listas estadounidenses y se mantuvo en ese lugar durante ocho semanas. Era la primera canción de rock and roll en hacerlo. Los movimientos acrobáticos de Ambrose al tocar el saxo y Lytle montando el contrabajo como si fuera un potro, fueron marcas personales de la banda en sus presentaciones en vivo. A fines de 1954, Haley y sus Cometas aparecieron en un film corto titulado Round Up of Rhythm, tocando tres temas. Se trata de la primera película de rock and roll. Bill Haley y sus Cometas (nombre original Bill Haley & His Comets) fue una banda estadounidense de rock and roll creada en 1952 que continuó hasta la muerte de Haley en 1981. La banda, también conocida como Bill Haley and The Comets y Bill Haley's Comets u otras variaciones similares, fue uno de los primeros grupos de músicos blancos en tocar rock and roll atrayendo la atención del público de su país y de todo el mundo hacia ese nuevo estilo musical, de origen afroamericano. El líder del grupo, Bill Haley, había sido previamente un intérprete de música country y western (folclore norteamericano). Después de grabar en 1951 una versión "country" del tema "Rocket 88" (una de las canciones consideradas como iniciadoras del rock and roll), cambió su estilo para adoptar el nuevo sonido que terminaría llamándose unos años después "rock and roll". Si bien varios de los Cometas se volvieron famosos, Bill Haley permaneció como la estrella, con su rulo sobre la frente y la banda con trajes de etiqueta y su comportamiento enérgico sobre el escenario. Fueron considerados en su tiempo tan revolucionarios como Los Beatles o Los Rolling Stones en la década de 1960. Después de la muerte de Haley, no menos de seis grupos diferentes se han formado bajo el nombre de Cometas, todos ellos reclamando para sí ser la histórica continuación de aquel que dirigía Haley.😎Escucha este episodio completo y accede a todo el contenido exclusivo de EDITORIAL GCO. Descubre antes que nadie los nuevos episodios, y participa en la comunidad exclusiva de oyentes en https://go.ivoox.com/sq/2313218
¿Qué harías si te dijeran que alguien vendió aire en lata… y ganó millones?En este episodio te cuento la historia real de Chen Guangbiao, un empresario chino que usó una idea absurda —vender aire fresco enlatado— como una de las estrategias de marketing más audaces y efectivas de los últimos tiempos.Vamos a analizar qué hizo, por qué funcionó, y sobre todo, qué podemos aprender de esta locura creativa para aplicar en nuestros propios negocios.Si querés ideas de marketing que rompan el molde, generen impacto y aumenten tus ventas… este episodio es para vos.
🎙 Alberto Díaz Jiménez | Voces del Archipiélago Libre Únete a una conversación sin filtros con Alberto Díaz Jiménez, activista y referente del independentismo canario. Analizamos la actualidad política, social y cultural de Canarias desde una perspectiva crítica, soberanista y comprometida con la autodeterminación del pueblo canario. 📢 ¿Qué está pasando en las Islas? ¿Qué no te están contando los medios? Aquí encontrarás reflexiones, denuncias, historia, resistencia y propuestas para imaginar otro futuro posible para Canarias. 🌴 ¡Sintoniza, comparte y cuestiona!
En este podcast Matías y Fer de Métrica entrevistan a Wicho y Manolo de Mar de Copas. Hablaremos de sus inicios en la música, la piratería en los 90, Narcosis y “Danza de los cristales”, cómo su música llega a Colombia, su trabajo con Miki Gonzalez, la banda Los Inocentes, cómo se hicieron conocidos, temas como Suna y Un día sin sexo, por qué no firmaron con Sony, llegar a películas y novelas, ser embajadores de Marca Perú y sus próximos conciertos
Java në Top Albania Radio nis me programin më provokues, një program që siç e thotë promo ‘Nuk të prish' kur (thuajse) çdo gjë është gërryer shoqërinë së brëndshmi.
El disco se publica en 1984, después del gran éxito de "Entre amigos", el disco en directo de Aute con Pablo Milanés, Silvio Rodríguez, Joan Manuel Serrat y Teddy Bautista, y contiene canciones inolvidables, como "Sin tu latido", "Cine, cine" o "Una de dos". Vendió, como cuenta Luis Mendo, 50.000 copias en dos semanas, y colocó a Aute, un gran tímido, como cuentan Teddy Bautista y su biógrafo Miguel Fernández, en la cima del éxito. Pero él se mantuvo siempre fiel a sus principios, como recuerda su amiga Palmira Márquez, porque era sencillo, nada divo, y nunca hablaba mal de nadie. Contamos con el testimonio también de Olga Román, que le acompañó de gira durante tres años, de su amigo el escritor Miguel Munárriz y de Xoel López, uno de los muchos artistas actuales que tienen en Luis Eduardo Aute un gran referente.
El disco se publica en 1984, después del gran éxito de "Entre amigos", el disco en directo de Aute con Pablo Milanés, Silvio Rodríguez, Joan Manuel Serrat y Teddy Bautista, y contiene canciones inolvidables, como "Sin tu latido", "Cine, cine" o "Una de dos". Vendió, como cuenta Luis Mendo, 50.000 copias en dos semanas, y colocó a Aute, un gran tímido, como cuentan Teddy Bautista y su biógrafo Miguel Fernández, en la cima del éxito. Pero él se mantuvo siempre fiel a sus principios, como recuerda su amiga Palmira Márquez, porque era sencillo, nada divo, y nunca hablaba mal de nadie. Contamos con el testimonio también de Olga Román, que le acompañó de gira durante tres años, de su amigo el escritor Miguel Munárriz y de Xoel López, uno de los muchos artistas actuales que tienen en Luis Eduardo Aute un gran referente.
Java në Top Albania Radio nis me programin më provokues, një program që siç e thotë promo ‘Nuk të prish' kur (thuajse) çdo gjë është gërryer shoqërinë së brëndshmi.
Cristóbal de Solminihac vendió el 50% de Autofact en $25.000.000 de dólares. Es su fundador y hoy su gerente general.Conversamos de los desafíos en pandemia, vender el control de la compañía, errores comunes al momento de vender tu auto y los fraudes que existen en la industria.Agradecimientos a mis auspiciadoresCompara - Antes de contratar un seguro para tu auto a la rápida, Compara. Te vas a sorprender con lo que puedes ahorrar. https://www.comparaonline.cl/Nescafé - Un café que conecta perfecto con lo que siempre escuchamos en este espacio: historias de personas que con mucha dedicación, han logrado cosas increíbles. https://www.nescafe.com/cl/Flycrew - Convierte tu comunidad en tu negocio, todas las herramientas que necesitas para ganar plata en Internet. Consigue 7 días gratis en https://flycrew.com
El fiscal Matías Juan pasó por el aire de Radio 5 para hablar sobre una nueva estafa que sufrió un vecino de nuestra provincia.
Ese pacto barato lo está pagando caro. Nos cuenta su experiencia en el infierno y no es buena. También hablamos con el padre del adolescente que ha hackeado el techo del Bernabéu durante toda la temporada.
Ese pacto barato lo está pagando caro. Nos cuenta su experiencia en el infierno y no es buena. También hablamos con el padre del adolescente que ha hackeado el techo del Bernabéu durante toda la temporada.
Ese pacto barato lo está pagando caro. Nos cuenta su experiencia en el infierno y no es buena. También hablamos con el padre del adolescente que ha hackeado el techo del Bernabéu durante toda la temporada.
Ese pacto barato lo está pagando caro. Nos cuenta su experiencia en el infierno y no es buena. También hablamos con el padre del adolescente que ha hackeado el techo del Bernabéu durante toda la temporada.
Ese pacto barato lo está pagando caro. Nos cuenta su experiencia en el infierno y no es buena. También hablamos con el padre del adolescente que ha hackeado el techo del Bernabéu durante toda la temporada.
Ese pacto barato lo está pagando caro. Nos cuenta su experiencia en el infierno y no es buena. También hablamos con el padre del adolescente que ha hackeado el techo del Bernabéu durante toda la temporada.
Ese pacto barato lo está pagando caro. Nos cuenta su experiencia en el infierno y no es buena. También hablamos con el padre del adolescente que ha hackeado el techo del Bernabéu durante toda la temporada.
Ese pacto barato lo está pagando caro. Nos cuenta su experiencia en el infierno y no es buena. También hablamos con el padre del adolescente que ha hackeado el techo del Bernabéu durante toda la temporada.
El PJ y el MP rechazan la ley que criminaliza a menores; expertos la tildan de populista. El jefe de la PNP es acusado de recibir oro de mineros ilegales. El Papa León XIV defendió la libertad de prensa, mientras Dina pediría permiso para viajar al Vaticano.
Nayeli Roldán, Periodista, reportera de Animal Político
En el mundo del blues, pocos nombres resuenan con tanto misterio y fascinación como el de Robert Johnson. Un hombre que, en tan solo 27 años, dejó una huella imborrable en la música, pero cuya vida está marcada por una sombra de oscuros rumores y leyendas. ¿Fue realmente un genio musical, o hizo un pacto con el Diablo en una encrucijada para conseguir su talento? En este programa, nos adentramos en la vida de Johnson, la enigmática figura que revolucionó la música popular, y exploramos su muerte envenenada, tan repentina como su ascenso. ¿Qué pasó aquella noche? ¿Fue una conspiración o simplemente el precio que pagó por su desmedido talento? A lo largo de la conversación, Juanka González nos acompaña para desentrañar las teorías más inquietantes sobre este mito del blues. ¿Es cierto que su alma fue entregada en un pacto oscuro? ¿Qué sabemos realmente de su vida y su legado musical? Desde las profundidades de las leyendas urbanas hasta los hechos más documentados, hablamos de todo: los misterios que rodean a Robert Johnson, las teorías más asombrosas y el impacto que dejó en la música, todo acompañado por la mirada crítica y profunda de Juanka González. Únete a nosotros mientras exploramos el alma perdida del blues y el eterno enigma de Robert Johnson, un hombre que fue tan grande como la leyenda que lo rodea.
Rafa Latorre reflexiona en La Brújula sobre los audios de la declaración de Jessica Rodríguez, el viaje de Sánchez a China y la situación económica de Estados Unidos.
¡Por segunda ocasión nos acompaña nuestra adorada Rosa Mers para echar chismecito suave y sensual al foro de Noche de Chicxs!
El domingo charlaremos con el cofundador de Holded, Bernat Ripoll, sobre su trayectoria como emprendedor, el paso a convertirse en multimillonario y las dificultades de emprender en España. Learn more about your ad choices. Visit megaphone.fm/adchoices
Elon Musk anuncio el viernes que vendió su red social X a su otra empresa relacionada a la IA, xAI, ademas; Día Mundial del Backup – La importancia de respaldar los datos frente a robos y ataques cibernéticos; iOS 18.4 ya disponible y ademas Apple Intelligence se expanden a nuevos idiomas y regiones y como todos los días les solicitamos sus comentarios. #Videos – Los videos de la semana en nuestras redes https://infosertecla.com/2025/03/31/videos-los-videos-de-la-semana-en-nuestras-redes-120/ #Reflexión en el Día Internacional de la Copia de Seguridad https://infosertecla.com/2025/03/31/reflexion-en-el-dia-internacional-de-la-copia-de-seguridad/ Día Mundial del Backup – La importancia de respaldar los datos frente a robos y ataques cibernéticos https://infosertecla.com/2025/03/31/dia-mundial-del-backup-la-importancia-de-respaldar-los-datos-frente-a-robos-y-ataques-ciberneticos/ iOS 18.4 ya disponible y ademas Apple Intelligence se expanden a nuevos idiomas y regiones https://infosertecla.com/2025/03/31/ios-18-4-ya-disponible-y-ademas-apple-intelligence-se-expanden-a-nuevos-idiomas-y-regiones/ Trump dice que el acuerdo con TikTok llegará antes del plazo del 5 de abril https://www.reuters.com/technology/trump-says-tiktok-sale-deal-come-before-saturday-deadline-2025-03-30/ El modelo de IA de Gemini 2.5 Pro ya está disponible de forma gratuita https://bgr.com/tech/gemini-2-5-pro-ai-model-is-now-available-for-free/ Samsung advierte sobre dispositivos Galaxy falsos que inundan los mercados en línea https://www.samsung.com/au/support/newsalert/128396/ Exynos volverá a los buques insignia Galaxy S https://x.com/Jukanlosreve/status/1906245772309582180?s=31 Elon Musk vendió su red social X a su empresa de inteligencia artificial xAI https://x.com/elonmusk/status/1905731750275510312 Video del día en las redes https://www.instagram.com/reel/DH4ZkQ9vFEx/ https://www.instagram.com/reel/DHw5ns4vIse/ ESPERAMOS TUS COMENTARIOS...
De marino a fundador de una de las empresas más grandes del Perú.
Una historia que habla sobre un tema bastante escabroso y del cual se tiene que tener cuidado, ya que podría pasarte a ti o a mí si no tenemos cuidado. Hosted on Acast. See acast.com/privacy for more information.
En este Ponle Pausa hablamos de cómo Niantic vendió Pokémon Go. Además de las noticias de videojuegos de la semana: Death Stranding 2 sale el 26 de junio Streaming de Silent Hill No hay juego sin lesbianas, sorry Van a quitar las estúpidas trade tokens de tcg pocket Mario Day Sorry we're closed ya llegó a consolas Ya empezó La Mole Tony Hawk’s Pro Skater 3 + 4 llega el 11 de julio y puedes escuchar ya el soundtra k People can Fly y Sony están haciendo un juego juntos Aloy AI Sony corrió gente en Visual Arts y PS Studios Malaysia Vampire Survivors ahora tiene una wiki oficial, sin ads! Bye Bye Star Wars Hunters Skins pa Kratos por el aniversario de godowa AC Shadows siempre sí se podrá jugar en el Steamdeck Nintendo tendrá otra tienda en San Fran, y abrirá en mayo Juego táctico de las Tortugas Ninja Recastearon voces de ZZZ por la huelga de actores, que continua LO QUE ESTAMOS JUGANDO Split Fiction Monster Hunter Wilds Dancing Pandas Spilled Ponle Pausa es el chismecito gamer que necesitas. Entérate de las noticias de la semana de videojuegos y cultura pop, recomendaciones de los títulos más recientes y mucho más. En vivo todos los jueves a las 9 de la noche y en repetición los viernes
Wow, la historia de Fabricio es la prueba de que cuando tienes una estrategia bien hecha y anuncios optimizados, los resultados pueden ser increíbles.Si tú también quieres impulsar tu negocio, atraer más clientes y generar más ventas con anuncios realmente efectivos, en Emprendedor Eficaz podemos ayudarte.Haz clic en el enlace aquí abajo ⬇️ y descubre cómo nuestra agencia puede llevar tu negocio al siguiente nivel.
Conversé con David Tafur, cofundador y CEO de YaVendio, un vendedor virtual impulsado por IA que ayuda a negocios de e-commerce a vender a través de WhatsApp y redes sociales. Su tecnología conversacional logra tasas de conversión del 5% al 15%, muy por encima del 1% al 3% de los canales tradicionales.-Este episodio es presentado por Zendesk, la plataforma todo-en-uno para la gestión de atención al cliente, en la que confían miles de startups y empresas globales como Slack, Shopify y Airbnb.Prueba Zendesk completamente gratis por 6 meses aquí: https://rebrand.ly/SSPZNSP-Por favor ayúdame dejando una reseña en Spotify o Apple Podcasts: https://ratethispodcast.com/startupeable-Hoy David y yo hablamos sobre:Por qué Latinoamérica adoptará la IA más rápido que otros mercadosCómo construir productos de IA sin ser experto técnico Las claves para validar una startup de IA con poco capital Por qué el futuro del comercio será conversacional La diferencia entre vender software y vender agentes de IANotas del episodio: https://startupeable.com/yavendioPara más contenido síguenos en:YouTube | Sitio Web Startupeable es presentado por Zendesk, la plataforma todo-en-uno para la gestión de atención al cliente, en la que confían miles de startups y empresas globales como Slack, Shopify y Airbnb.Prueba Zendesk completamente gratis por 6 meses aquí: https://rebrand.ly/SSPZNSP-Distribuido por Genuina Media
¿Que estarías dispuesto/a a hacer para poder lograr tu serenidad y paz interior? Mencionando las filosofías de Marco Aurelio y el monje que vendió su Ferrari. Nuestra esencia siempre va a tener la invitación a seguir fortaleciendose en mente cuerpo y alma a través de la lectura.https://linktr.ee/Somosvibraciones
Të ftuar në “Magjia e Festave” së bashku me Dea Vierin, kanë qenë Xhani Demika, Drejtori Artistik i Escape Premium Club dhe Versjol Asllani, menaxheri i stafit. Ata kanë treguar të veçantën e këtij club-i, eventet speciale, si dhe surprizat që ka rezervuar këtë fundvit…
«Que se vayan todos» es la nueva plataforma de uno de los paros convocados. Hay varios y empiezan con una huelga ESTA semana. ADEMÁS: La izquierda detrás de las movilizaciones... ¿o de su causa? MIENTRAS TANTO: ¡Un millón y medio de soles desaparecieron del despacho de Dina! Nadie da cuenta de dónde está la plata. TAMBIÉN: La DEA tras los pasos de las hijas de Chibolín. Y... Conoce diversas iniciativas de apoyo a la educación en el Perú, desde una blblioteca en San Martín de Porres hasta capacitaciones a docentes. **** ¿Te gustó este episodio? ¿Buscas las fuentes de los datos mencionados hoy? SUSCRÍBETE en http://patreon.com/ocram para acceder a nuestros GRUPOS EXCLUSIVOS de Telegram y WhatsApp. También puedes hacerte MIEMBRO de nuestro canal de YouTube aquí https://www.youtube.com/channel/UCP0AJJeNkFBYzegTTVbKhPg/join **** Únete a nuestro CANAL de WhatsApp aquí https://whatsapp.com/channel/0029VaAgBeN6RGJLubpqyw29 **** También estamos en TokyVideo https://www.tokyvideo.com/user/marcosifuentes/videos **** Para más información legal: http://laencerrona.pe
- Hoy 27 de AGOSTO de 2024 con ELISA BERISTAIN y JAVIER CERIANI en Chisme No Like
# Señora bonita, véngase a lo más cancelado, lo más desinformado, lo más ‘funado' del internet, de este mundo y los que vienen. Aquí está la Radio de la República, el peor noticiero con su tuitero favorito.
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