A full-time engineer with multiple side hustles found the most passive one: ATMs and vending machines earn him $1,500 a month for a few hours of work
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A full-time engineer with multiple side hustles found the most passive one: ATMs and vending machines earn him $1,500 a month for a few hours of work
""It's essentially your employer that you don't have to pay. It's doing the transaction for you.""
""The more I looked into it, the more I was like, 'OK, there's really no risk in trying this, outside that original financial obligation of $2,500 to buy the ATM.'""
""From that point, the hardest, most difficult part in starting was actually finding a business bank account that would allow you to run an ATM company.""
William Butterton, an electrical engineer, discovered a side hustle in ATMs after seeking extra income. He viewed ATMs as a low-risk investment, requiring about $5,000 to start. This included the purchase of the machine and cash reserves. Butterton faced challenges in finding a bank willing to support his ATM business, as many banks are cautious about such operations. His entrepreneurial spirit, sparked by the need for additional income after becoming a parent, led him to pursue this venture.
Read at www.businessinsider.com
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