EP 34. VENDING MACHINES WITH LAKINYA FRANCIS
EPISODE OVERVIEW
- Myths around vending machines and why it's a great, mostly passive, income stream
- How to choose what type of product you want to sell
- The hardest part about running a vending machine business
- How much money do vending machines cost, and what's required to maintain the machines
- How to determine the right location when placing your machines
- How to create a location proposal and get a YES when reaching out to locations to place your machines
- How and why she started a coffee company (passion project)
Lakinya Francis is the founder of iKrave Vending, a small vending machine service company where she helps others create an additional source of income that doesn’t require much time or money.
After working in the vending machine business for some time, she recognized the lack of consultants that specialize in vending machine operations, so the iKrave Vending team created a series of online training courses geared toward helping others achieve success in vending services.