Raising Financial Freedom

What little business I can start at home?

January 14, 2021 Eric Yard Episode 14
Raising Financial Freedom
What little business I can start at home?
Show Notes

#014 Vending Machines Open the Door to Financial Independence

Today, I am lucky to have Lakinya Francis join the show. Are you looking for additional income that wouldn’t require too much of an investment of either time or money?

iKrave Vending’s founder Lakinya Francis, discovered an opportunity to start-up a small vending machine service company. Though the initial start-up cost was reasonably affordable, her efforts took no time away from her full-time work. Lakinya found that finding high-quality equipment that wouldn’t break the bank and then obtaining locations to place her machines proved to be a challenge. However, her tenacity finally paid off after months of searching for a used machine that met her expectations. She started to enjoy the profits after placing her vending machine in a local mechanic’s shop.

For complete show notes and transcript please go to Raising Financial Freedom

In This Episode:

  • [ 1:55 ] How Lakinya started in the vending machine business
  • [ 3:30 ] What it’s like to be a vending machine entrepreneur 
  • [ 7:25 ] How parents and children can get involved with the vending machine industry 
  • [ 14:15 ] The best machines for kids to start with 
  • [ 17:35 ] Where to place your vending machine 
  • [ 24:30 ] What parents and children can expect to learn with a vending machine  
  • [ 30:45 ] The most significant frustration with the vending machine industry 

 

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