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      Please Login   08/02/2017

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The Mage

ADMINISTRATOR
  • Content count

    1,736
  • Joined

  • Last visited

  • Days Won

    35

The Mage last won the day on July 23

The Mage had the most liked content!

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369 LIKES

2 Followers

About The Mage

  • Rank
    Not a Vegan
  • Birthday 09/11/1967

Contact Methods

  • Website URL
    http://vikdr.com/ - taking forever

Profile Information

  • State
    Nebraska
  • Vending Type
    Bulk
  • Vending Since
    2009

Recent Profile Visitors

1,894 profile views
  1. Donations 2017

    Big thanks to cvending for another donation to support VENDiscuss.
  2. Donations 2017

    Yet another thanks to QuckVend for donating to support VENDiscuss
  3. Classifieds

    They aren't archived, sorry. Plus if it was years ago, it was most likely the previous classified section that I had to replace. But there is always archive.org, also knows as the wayback machine. I don't know if it would have a record, but it might. I haven't looked at it for the classified section, but here is the link. https://web.archive.org/web/*/vendiscuss.net Oh yeah, select the year, and the month to see what they have. The archives aren't always complete.
  4. Ever heard of the Pareto Principle, also called the 80/20 rule? I’m sure most of you have, but how many of you are applying it to your business? If you haven’t heard of it, the Pareto Principle is the idea that 80% of your results come from 20% of your efforts. It’s more an observation than rule, and a loose rule since the numbers often don’t exactly fit 80% and 20%. But as a generality it can be found everywhere, including in your business. This concept (that I learned in the forums) can be used to help make your business more efficient. If you take a serious look at your locations, you will find that somewhere around 20% of them are underperforming. You should consider eliminating those locations. The effects will have a small impact on your income, and a larger impact on freeing up time. A caveat is that this should not be a simple action. You don’t just want to dump that bottom 20% without taking a few steps first. Take a look at the location, and products, and figure out if there is something that could bring it up. Maybe it could be in a better location, or a change in products could make a big difference. Does the machine have a flaw that nobody has told you about? Sometimes people will avoid the machine that “eats their money” without ever mentioning it to the Vendor. Distance is also a factor. A location in a real convenient location that takes little to no time to get to, or is on the way to another can perform lower than a location that can take a long time to drive to. But even then, that further location might not be as bad if you are expanding into that area. How you eliminate is also depending on if you want to grow. If your growing your business, you want to eliminate slower than you are building. If you are right about where you want to be, you keep adding locations, and eliminating the worst performer each time you add a location. And then if you are wanting to cut down, you can be the most aggressive, until you get down to where you want to be. Although you might want to sell off those locations instead of just eliminating them. Every time you do this you are increasing your hourly income. Below is the cycle you should follow, but while they are in a numbered order, you really want to do all constantly: 1. Grow a. Add new locations. Some will be good, some will be average, and some will be bad. 2. Modify a. Attempt to fix the issues with the poor locations. Doesn’t hurt to see if you can make your good locations better too. 3. Eliminate a. Remove the worst locations at a speed consistent with your desire for growth. 4. Repeat
  5. Random thoughts

    They're called politicians.
  6. Best Locations of America

    Where did Richard get you locations? You don't have to be specific, just the cities or towns will do. I'm asking mostly because this was your first post, and I always find it interesting when the first post is a review
  7. Return of the Blogs

    Blogs are back up and running again. If you want to post about vending, have some advice, or opinions, go ahead and write about it in the blogs section.
  8. Font size changes

    I have found that cutting and pasting on my iPhone will add some HTML to the page, similar to what has been happening to your posts. Mine kept the font the same size, but yours might be set up differently, and paste with a larger font for some reason. So I believe this issue is on your side.
  9. Donations 2017

    And a big thanks to AngryChris for donating to keep VENDiscuss running.
  10. Donations 2017

    And a thanks to rgt2770 for his donation to keep VENDisuss running.
  11. Northwestern Flat Keys

    Well here are 2 companies Lock America - https://www.laigroup.com/accessories-high-security-hasps-vending-locks-padlocks.php and Camlock - https://www.camlock.com/EN-US/bulk-vending-locks It's always nice having all your locks keyed the same.
  12. Font size changes

    This is confusing me. I looked at the source (HTML) for your post, and it lists both a font change, and it set a background color also. Are you posting directly, or cutting and pasting? I looked at dozens of posts by other members and really didn't find anything similar. I even made multiple test posts with my iPhone and didn't experience the same thing.
  13. Font size changes

    I've only tested on an iPhone, but I am not seeing it. What device are you using?
  14. Where do I post this question?

    Well, that's dealing with a beverage machine, so it would be in the beverage and food section.
  15. VENDISCUSS FANTASY FOOTBALL LEAGUE

    Big Mike hasn't been on since January 1. Hopefully, he's just been busy.
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