My Friend’s ATM Side Hustle (Passive Income 2023)
In this video my friend Malik and I talk about his ATM Business and how it provides a steady stream of passive income for him every month.
This video is great for any beginners looking to get started in the ATM business in 2021 and beyond.
It is also great for anyone that wants to know the truth about what owning an ATM business is really like.
Does this make an ATM business the ultimate side hustle or passive income idea for 2021? Watch the entire video on find out!
Some of the things we discuss are:
– Pros & Cons of owning an ATM Business
– What locations to look for with ATMs
– Safety Risks
– How an ATM machine works
– Will ATMs be relevant in the future
Thanks for watching!
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*What side hustles are you interested in for 2020?!*
Asking for donations in Roblox games
Healthy Vending Machines perhaps… I was looking at those about a year ago but I wasn’t happy with the few companies that I found out there…
Coin op laundry mat
Marko, what’s up with the YouTube channel about making and growing a YouTube channel? I signed up months ago and am ready to go.
@@alexfonseca2063 its coming, patience my friend
Thinking about buying an existing laundromat. 20-30% average ROI with a 95% success rate
Now that i’ve been educated by our good friend Marko, im intrigued by the low cost to start an ATM business.
When my uncle retired, he got bored and bought 1 then 2 then built a 3rd…. in the next few years i plan to use his business model
Check out Investment Joy if you haven’t
Cut your expected roi in half. Never be to positive
alex adams how much does it cost to build one?
As the saying goes, there are a million ways to make a million dollars! 😀 💴
Love it
Free_money10@hotmail.com am in canada let do business
Definitely more than a million
@@grondroots123 you still have Hotmail?? No thanks..can’t do business with you lol
@@juliodominguez2490 doesn’t even know how to write in English
Cool video. Reminds me of the ATM I ran into at a US embassy once. It only dispensed $100 bills and up to $2,000 a day.
This was very interesting. I really enjoy this type of content. Practical, realistic, and to the point.
“My insurance is Smith and Wesson” 😂😂😂
Yeah, that was a dumb quote.
@@JB1994 Let me guess. You are one of those anti-gun types, aren’t you?
Insurance is about mitigating risk. A gun increases risk, it doesn’t reduce it.
@@KevinSmithdc I’m not anti-gun, I’m anti people-with-guns.
I worked as a ATM engineer for a while when I was younger and can’t believe I never thought of this, this is awesome! Thanks for the video Marko 😂😂😂
you mean you tried breaking in to one when you were younger? lol engineer….
@@rcranch3838 LOL well I learned how to break in during my time working with them haha
@space nut You’re gonna need a key or a drill…
Yeah you and me both..Black hole. I have really good ideas just money to get it done. I lost my big support
No ! Did you own the store ? Or was you a manger a or even assistant manager. Nope not me that would be like the curiosity that killed the cat. But I bet it was exciting and kind of challenging huh.
I just assumed banks owned and operated every ATM. Mind blown.
They didn’t charge any fees many years ago……then when everyone was hooked on them, the fees became prevalent. My bank also refunds any fees I pay at any ATM. Confusing stuff.
Right. I had never thought about it.
same
They pretty much only own the ones at the bank and maybe a few key locations if it’s a big city.
I used to load my company’s cash into ATM’S at multiple banks daily. The only thing the bank owned was the logo on the side of the machine.
Malik was awesome very nice of him to open up and show the realistic ins and outs of the business
I sold ATMs and went in with a friend and had a good run with two ATMs. This was probably over a decade ago. The toughest back then was selling an ATM to a store owner in a busy location. I’m in Toronto, Canada. Tons of competition back then also. Always have to bolt. Seen too many stolen. Safety issues is a great point in this video.
House Music by dattrax I’ve heard that Toronto is pretty competitive (I’m in Toronto as well) – is your friend still into ATM’s?
Looking at also starting up in Toronto, might ask some store owners in Kensington!
@@StefanThePro no.
Guys im also on Toronto looking to get into this. Are you guys planning to get a business licence or a business number??
+1*3*3*9*2*5*5*1*8*4*4*
I have no time for a side job, but MAN!! What a beautiful example of generosity! People respect you and this is another reason why. 👍🏻
As long as drugs are illegal there will always be a need for cash.
levi carpenter bitcoin
@@samnuebel my plug don’t take Bitcoin tho
As long as drugs are illegal and dealers don’t have cash app there will always be a need for cash.
D S your plugs plug aka the dark web does
Dumb
I remember this one time I drew $20 out of an ATM and it spit out a 20 with another 20 wrapped around it!…I’ll be telling my grandkids about that one.
That’s a WIN for ALL TIMES!😂
I got an extra 40. When they use brand new bills without mixing in old ones they tend to stick to each other
Thats cute , I only asked for 2 5’s and the atm gave me 2 50s. And by the time I was done I had over 6k lol
@@ps5594 So you stole 6k
I got an extra 20 once on base. A cop happened to be walking by and I told him, because, I was obviously on camera. He said you’ve reported it and so long as they don’t ask you, it’s yours. I think he didn’t care either way. I spent the extra 20 on some cocaine.
These guys are very generous with their knowledge. Thank you much.
This was the most impressive “Look Ma No Hands” I’ve ever seen 😂😂
Bro my dad owns a business and I see the guy servicing the atm every week. That’s why I’m here right now!! That’s insane you just motivated me even more!
This Was absolutely informative and the most insightful video I ever saw! I am moving into the industry and you answered many of the most pressing questions I had!
With my ATM business, I went out and applied for a hand gun carry permit for my security whenever I’m doing cash deposits or withdraws for my ATM trips. I think just being able to carry a gun on you is probably the best protection for this business. Just keep it visible on your side so the people that may be potentially plotting on you can see it every time they see you.
Oof. But then won’t they know you’re armed and plan? Coming from a 7 year old who likes to hide at ATM’s
you`re right but, it is way much better to not let no one know that you carry a gun on you. Once they Know, they`ll get ready for you…
Check what license you would need in your state. Most states have personal carry permits and separate armed guard or security permits. You might be in the gray area between the laws.
@@Ayiti_Mizik not a good idea
It’s better to be a hard target in this situation.
@@DoktorDomo got you…
I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed more light on some things, but I’m confused, I’m a newbie and I’m open to ideas
Investing in today is priceless because tomorrow isn’t promised, trading bitcoin, gold, silver or any other crypto secure a better tomorrow.
Most people today have been having a lot of failures in investing because of poor orientation and bad experts.
When you believe in the future then you will know that indeed bitcoin is the future
Yo, I been looking to start trading for a while now. Glad I found this comment section, i finna hit her up too
Damn this entire thread is fake people that’s crazy
The free game from this video is honestly much appreciated, thank you