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/biz/ - Business & Finance


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15302447 No.15302447 [Reply] [Original]

I'm an uneducated, somewhat skilled but not professional or disciplined 23 year old living in a small city in the midwest

I want to get rich a move to a coastal city and live a life of debauchery

What kind of business should I get into?

>> No.15302505

ATMs. Save up $4,000 and buy an ATM and make an agreement to place it in a nail salon or barbershop or some other locally owned business. Collect a $3 fee per transaction, pay the store keener $1, pay the network $0.70, and keep the $1.30 for yourself. Refill the cash yourself too ($2,000) and maintain it all yourself. Let’s say you can get on average 50-75 people to use the machine a month you’ll be generating between $60-$100 a month for yourself. That’s only 2 people using it a day though, which in my opinion is a low estimate. I’ve seen some ATM machines used 5-10 times a day depending on the facility it’s in (office space, airport, super market, gas station, etc.) and those numbers begin moving you closer to the $600-$1,000 a month per machine figure. That’s quite high though. Expect $200-$400 from those $1.30 transaction fee splits. Then save up and buy more ATMs. Have 5-10 and then begin hiring people you trust to stock them with cash. You now have a $5-10k per month passive income. You’re welcome. Now post another pic of that girl I love em big and round like that

>> No.15302514

>>15302505
Typo - store owner * on mobile

>> No.15302524

>>15302505
Why the fuck wouldn't a gas station just install their own ATM?

>> No.15302566

>>15302505
Maintenance seems like a bitch though. If you contract a company like Brinks to handle the money for you, and also contract out all the repair work, can you still turn a profit?

>> No.15302602

>>15302505
>he thinks people are going to use cash at all in 5 years

>> No.15302647

>>15302447
Can't tell where her leg ends and her foot starts. Disgusting fat fuck.

>> No.15302775

>>15302566
You don’t need to do that. Maintenance isn’t bad. If you’re not a complete retard you can figure it out. Also you don’t need to contract anyone for the money. You literally get $2k in cash and refill your machines once or twice a week. Why do you need to pay Brinks to do that?

>> No.15302825
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15302825

>>15302602
In nail salons and barbershops, people need to pay tip in cash (some places downright have discounts when you pay in cash) so people need cash. However many people these days don't carry cash ---------------> Use the store ATM. A lot of people use the ATM ESPECIALLY BECAUSE people these days don't carry around cash.


t. former service industry worker

>> No.15302858

>>15302447
nice find. My fat GF's ass looks like that in YPs. You are a man of fine taste

>> No.15302863

>>15302775
So someone doesn't walk up from behind you to put a few rounds into your head just to get $2k. Better to just get a wagie to put his life on the line

>> No.15302875

>>15302505
>what is a money transmitter's license
>what is a money transmitter's license bond
>why did the jews ruin america
critical questions to ask before launching this mental midget scheme

>> No.15302890

>>15302863
I’ve never run into that problem personally. I have a normal bank bag, it’s just a Chase bank leather envelope type thing with $2k in 20s in it. I plan when I’m going with the store owner present so everything is transparent and I’m always armed. I don’t know what to tell you beyond that

>> No.15302921

>>15302890
talk about money transmitter license or the two states in which it is not necessary otherwise you are a LARPER

>> No.15302928

>>15302524
They could. Why doesn’t a new home owner design their own home instead of hiring an interior designer or a small business owner build and design their own website but pay someone else to do it instead? Because they’re too lazy to learn and aren’t an authority in the space. Go buy and maintain your own machine as a store owner. More power to you. But if you don’t want an upfront $4k cost and spend hours building a new LLC and understanding and building a relationship with specific payment networks then take your $1 cut and fuck off.

>> No.15302938

>>15302447
I gotta take a break from /biz/, nofap for a week and theres too much meat on here.

>> No.15302940

>>15302647
>T.low test soýcuck

>> No.15302957

>>15302921
I’m just answering OPs question about how to make money as a neet. I’m not here to spoon feed you all.

>> No.15303331

>>15302957
money transmitter license deposits are cost prohibitive. 1 ATM with a money transmitter license, assuming they would even give one to a NEET, is lower returns than investing in 10 year treasuries. Get bent you larping fag

>> No.15303525

What about installing a vending machine?

>> No.15303597

What the actual FUCK is your excuse for not downloading the Pi app on your phone?

Pi is the FIRST And ONLY cryptocurrency that you can mine ON YOUR PHONE- for FREE.
It is literally free money and will be tradable by the end of the year for 50-75 cents.
Whitepaper, download link, and everything else is on their website:
minepi.com

You will need a referral code to log in the first time, use mine while you are at it:

>Pearls4Swine

Remember to go into the 'Profile' section in the App to hide your real name from the team and remain Anon.

>> No.15303638

>>15302447
I used to have a girl looked like that. Half black and half jew. What a piece of work she was. Luckily I got out in one piece.
Never again

>> No.15303750

>>15303597
What the actual FUCK are you shilling on my board for you fag

>> No.15303794

>>15302447
find the recipe for perfect vegetarian fried chicken that taste like the real thing

use AI to help you find the recipe since AI performs much better than human

you can easily sell the recipe for $2 billion

>> No.15304268

>>15303597
>will be tradable by the end of the year for 50-75 cents.
doesnt say that in the whitepaper

>> No.15304342

>>15303331
You've clearly done zero research on this faggot. Owning an ATM does not require a Money Transmitter license.
https://www.fincen.gov/resources/statutes-regulations/guidance/application-definition-money-services-business-certain

>> No.15304381

>>15302602
the lower classes use cash daily

>> No.15304531

>>15302447
God I would sniff that fat arse all day

>> No.15304539
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15304539

>>15302447
The fucking toilette on that bitch sweet vishnu

>> No.15304557

>>15304342
It’s a state license YOU FUCKING TARD. Montana and South Carolina are the only states that do not require it

>> No.15304558

fat

>> No.15304563

>>15302447
software

>> No.15304564

>>15302447
HHHHNNNNNNNNNNNNGGGGGG
I JUST FINISHED JERKING OFF
DELETE THIS POST

>> No.15304605
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15304605

>imagine the smell

>> No.15304607

>>15302505
>go to groceries store
>get cash back via debit card
>???
>don't waste $3 because plan life according to financial needs

>> No.15304657

>>15304557
Give me some fucking citations because NONE of what you're saying sounds remotely true and everything I can find regarding ATMs and money transmitter laws involves crypto ATMs which is not what we're fucking talking about it

>> No.15304776
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15304776

>>15304657

>> No.15304832

>>15304776
Wrong: http://mn.gov/commerce-stat/pdfs/eft-nmls-letter.pdf
It's 100 in Minnesota bucks not $4k FUCKTARD

>> No.15304835
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15304835

>>15304657
very clear you are underage or a NEET but I hope I helped you learn today

>> No.15304855
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15304855

>>15304832
x

>> No.15304864
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15304864

sad. If you do not like it then get some jews to change it

>> No.15304879

>>15304864
Listen anon, you need to provide links to where you're getting this information from. I'm not taking your random screenshots as a viable source, I need government websites

>> No.15304936

>>15302447
Join military. Do that for six years, claim disability when you’re done. Not hard to get 60%, which should be around 1500 a month. Forever. Then use your post 911 bill to get a $100,000 masters degree using the yellow ribbon program (you got a bachelors while you were in using 4500 a year in free money for college).

You sign on doing a technical IT/network whatever job. Do a good job, get Air Force to pay for additional certain. Get instant 6 figure job after getting out + masters degree + disability, oh yeah using post 911 bill will pay you 1-2k a month housing allowance while you’re in school. In 7 years you’ll be making over $150k a year, and it wasn’t even that hard. Good luck

>> No.15304954
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15304954

>>15304879
google.com

>> No.15304967
File: 327 KB, 1204x1126, angryNEET part 3.png [View same] [iqdb] [saucenao] [google]
15304967

>> No.15304996

>>15304864
Obviously it varies by state but it doesn't seem to be prohibitively expensive in many places as you are suggesting
https://www.mass.gov/service-details/electronic-services-application-procedure-information

>> No.15305006

>>15302447
I made a thread for this, but I'll ask it here.

What Credit Card should I sign up for? Would be the first that is fully mine as opposed to sharing with a parent.

>> No.15305009

>>15304967
This does not apply to ATMs anon

>> No.15305019

>>15305006
Get a Sears card, I hear they have some really good offers.

>> No.15305030

>>15304996
your initial claim was that owning an ATM does not require a money transmitter license which is generally untrue with the exception of South Carolina and Montana. I tried to do this so I know. It's a retarded idea if you are only going to run 1 ATM or have a net worth under 100k due to bonding requirements.

It's funny you thought the jews would let some random goyim get in on the money game. If you do not like it get into politics

>> No.15305055

>>15302447
Don't. Trust me. A life of debauchery is not everything it's cracked up to be. I'm a financefag and have a bunch of friends who are in the business as well. A lot of them did just what you want to do: they graduated college, moved to the big city, and partied like there is no tomorrow.

Most of them however are unfilled, quickly burning out, and are addicted to alcohol or drugs. There's a solid chance many will be dead by 40.

My advice: find a career/business you sort of enjoy and that will allow you to pursue your hobbies. Also search out religion. I rediscovered the Catholic Church about a year ago and its completely changed my perspective on life. I am much happier and more fulfilled now than when I went around being a degenerate.

Tl;dr all debauchery does is temporarily fill a void and mask your need for fulfillment.

>> No.15305130

>>15302447
All that said, I think it's great you're trying to move up in the world anon.

I would recommend self-serve laundromats. I plan on getting into this business someday. They generate a shitton of cash and it's a fragmented industry. Most of them I've seen on the market generate a 25% or 30% return on capital. In other words, you buy one right now for $100k, it's pulling $30k per year, you invest that in a money market fund to get some extra interest, and in about 3 years, you'll be able to buy another laundromat. From there you let the magic of compound interest work until you have a local laundromat empire generating tons of passive income for you.

This is more or less what I hope to do. Short term plan is to save up for a home and start a family. Then use any discretionary income that's not going to my 401k to begin my empire.

>> No.15305269

>>15305130
I've had a plan for a while for a laundromat/arcade, two story building. That way, you've got parents bringing the laundry, and you've got bored kids that will beg their parents for quarters to throw into the pinball machine.

Throw a vending machine outside, and in a busy, often-walked part of town at the bottom of a hill featuring two different apartment complexes, and I could see bringing in quite a bit of money.

>> No.15305515

>>15305269
Kids have the same phone/tablet you do, anything arcadey is novelty at best. It'd be shocking if it made money on the cost for the floorspace.

>> No.15305650

>>15302447
Buy a delivery route
>bread route
>chip route
>pep farm cookie route
>tortilla route
Usually for an inital cost of 20k to up to 45k down payment and you can easilly pull six figures, then after a year or two, you finance another route, and pay someone else to run it and so on and so on.

I know a dude who was homeless and now he has 4 chip routes and I am pretty sure is a millionaire.

Buy a route and reinvest the money to buy other routes and pay people to run them. It is much easier than it sounds.

>> No.15305718

>>15304607
Plenty of retards out there mate. I used to work at a grocery store in a ghetto part of town. Niggers emptied the ATM with welfare cards literally every day

>> No.15305972

>>15302447
literally just spend $10,000 investing in RSR and just hold it for 3 years.
you'll be a multi millionaire by then and im not even memeing on you but i hope u remember my post when you dont follow my advice and of course never make it.

>> No.15305984

>>15305515
Correcto

>>15305269
Those kids are on fucking 4chan

>> No.15306061

>>15302447
Bbbbbbbbrrrrrrrraaaaaaaappppppp

>> No.15306465

>>15305650
Who’s going to sell you their route?

>> No.15306493

>>15305972
Someone can confirm this?

>> No.15306498
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15306498

>>15302447
Professional shotgun fellater

>> No.15306517

>>15302447
Phat, but she seems like an unattractive person for some reason, I think it is the hair and dirty leggings.

>> No.15306537

>>15302447
*sniffs hard as fuck*

>> No.15306671
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15306671

>>15302447
on the chance we could help each other out I am a dude from the midwest who lives in LA working hard have made good money and I pursue sniffs

Call me yoda I guess
was looking for OC but couldn't find it for right now
message be at bgdyd@protonmail.com when you are ready