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Mike Hoffmann Profile
Mike Hoffmann

@MrPassive_

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Building a tribe of Vendingpreneurs 🚀 Replacing old school vending machines with Unattended-Retail 1-at-a-time 📍 GirlDad 👨‍👩‍👧‍👧 Free Guide 👇

Oregon, USA
Joined May 2022
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@MrPassive_
Mike Hoffmann
23 days
In 2020 I bought a used vending machine for $1500. Now I have 102 machines profiting $60k/month. Screw it. Here's the full step-by-step system I used to go from 0-100+ machines in 5 years:
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@MrPassive_
Mike Hoffmann
2 hours
We helped this Vendingpreneur build his vending machine business from $0-$275,000/year in only 1 year. Ready to do the same?. DM me "Ready" & I'll send you some details.
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@MrPassive_
Mike Hoffmann
4 hours
Etsy is one of the simplest ways to make money while you sleep in 2024. Sadly, most people have no idea how. So I had 2 friends who have made 6-figures on Etsy create a Full Masterclass on how to do it. • Like this.• Comment "Class". & I'll DM you full access. *Must Follow*
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@MrPassive_
Mike Hoffmann
12 hours
RT @MrPassive_: I retired from my 9-5 by 30 years old. • I didn’t go to a prestigious college.• I didn’t have rich parents.• I didn’t get….
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@MrPassive_
Mike Hoffmann
13 hours
RT @MrPassive_: I got into the vending machine business 3 years ago. Since then it's allowed me to quit my 9-5 & make 6-figures passively.….
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@MrPassive_
Mike Hoffmann
21 hours
Vending machine secret: . The first 90 days make or break a location. • Check inventory 2x more often than you think necessary.• Rotate products weekly, not monthly.• Respond to customer requests immediately.• Build rapport with on-site staff. First impressions last.
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@MrPassive_
Mike Hoffmann
22 hours
The future of vending isn't in selling products. It's in selling convenience. People don't pay $4 for a water because they're wealthy. They pay because they need water right now without wasting time.
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@MrPassive_
Mike Hoffmann
1 day
We helped this Vendingpreneur build his vending machine business from $0-$275,000/year in only 1 year. Ready to do the same?. DM me "Ready" & I'll send you some details.
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@MrPassive_
Mike Hoffmann
1 day
Have any questions?. Let me know below. & If you enjoyed this thread…. Follow me @MrPassive_ for more content like this.
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@MrPassive_
Mike Hoffmann
1 day
The Takeaway:. You don't need a fancy degree or rich parents. You need:. • Consistency in execution.• A cashflow-focused mindset.• A system that makes money while you sleep. Vending was my vehicle. Maybe it could be yours too.
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@MrPassive_
Mike Hoffmann
1 day
7. I lived below my means & kept stacking. • No showing off. • No lifestyle creep. • No flexing on social media. I lived on less than I earned & kept building my vending empire. Eventually I realized I was making more from vending than my 9-5…. So I quit.
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@MrPassive_
Mike Hoffmann
1 day
6. I automated everything. • Hired operators.• Inventory tracking.• Cashless payments.• Remote monitoring. Now I spend about 1 hour per week overseeing 50+ machines. The rest runs completely without me.
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@MrPassive_
Mike Hoffmann
1 day
5. I expanded into micromarkets. These are vending machines on steroids:. • Open shelving with more product options.• Smart coolers with cashless payment.• Self-checkout kiosks. One micromarket I placed in a corporate office now makes $15,000/month from a single location.
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@MrPassive_
Mike Hoffmann
1 day
4. I learned to scale properly. Once I proved the model worked, I:. • Used financing with $0 down to grow faster.• Hired someone at $20/hr to restock machines.• Found high-traffic locations with better earning potential. Scaling isn't about working harder…. It's about.
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@MrPassive_
Mike Hoffmann
1 day
3. I reinvested everything. I didn't upgrade my lifestyle. I didn't buy fancy things. I used every dollar to buy more machines. • 1 became 3.• 3 became 10.• 10 became 30. & once I got to this point….
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@MrPassive_
Mike Hoffmann
1 day
2. I started small. 1 machine. Placed it in an apartment complex. Stocked it with snacks & drinks people actually wanted. That first machine made me $600/month in profit…. & I only spent 30 minutes a week maintaining it.
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@MrPassive_
Mike Hoffmann
1 day
1. I built a cash-flow side business. Not some flashy startup. Not some overnight success. Just a simple, proven business model that generates money 24/7:. Vending machines.
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@MrPassive_
Mike Hoffmann
1 day
I retired from my 9-5 by 30 years old. • I didn’t go to a prestigious college.• I didn’t have rich parents.• I didn’t get lucky. I simply did this:
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@MrPassive_
Mike Hoffmann
1 day
RT @MrPassive_: The key to financial freedom:. Passive income. If you want to make money while you sleep. Here are the 10 best passive….
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@MrPassive_
Mike Hoffmann
2 days
RT @MrPassive_: When locations ask you about being paid Commission, it’s easy to diffuse it by saying: . We’d rather donate 2% of vending p….
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@MrPassive_
Mike Hoffmann
2 days
I'm a big believer in testing different products. What works in one location fails in another. The manufacturer down the road loves spicy chips. The hospital next door prefers protein bars. Know your audience before stocking.
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