Joe Pinsker
speaker
1,247 appearances
30 recordings
1 series
first heard Oct 2022
last heard Jan 2025
Joe Pinsker’s voice in public audio — every appearance, attributed to the second.
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Appearances
These are sort of ways where taking a short-term hit might actually be a long-term gain.
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One of the most sort of compelling pieces of advice I heard was from a career coach who was saying that when her clients come to her and they're feeling pretty miserable at work, she encourages them to, instead of just sort of making a jump and bailing on their job, to first try to do everything they can to feel better about their current position.
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A lot of times people are taking other jobs for lower pay because it's a way to reduce their stress.
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It's because they're burnt out, they're overworked.
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She was making the point that sometimes there are dials that we can turn in our current situation that might just make us happier and be enough to get us through.
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And so she encourages people to not make a decision about taking lower pay until you've sort of reached that point and done that work.
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WSJ Your Money Briefing · Americans Look to Vending Machines for Passive Income · 12 Mar 2024
podcast
Vending machines have a relatively low startup cost.
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So unlike the idea of buying a whole business, like a laundromat or something, you can get going with vending machines for just a couple thousand dollars.
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The other thing is just that this is a pretty intuitive business model to people.
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Most people have come across a vending machine in their life, but just the basic premise of...
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You put this box somewhere, you stick some food or drinks in it, and you have people sell it.
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It just seems to make sense.
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It's a compelling term, and it's also a bit of a tricky one.
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The purest form of passive income is that you aren't working at all and just letting cash flow in from some source you've set up, maybe like owning a rental property or something.
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In practice, there are many things that end up under the umbrella term of passive income, and some of them are sort of more low effort than no effort, and vending machines sort of fall under that category.
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There are about 3 million vending machines in the country.
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That's according to a trade group called the National Automatic Merchandising Association.
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Together, they all sell about $18 billion a year in products.
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And that means the average machine is generating about $525 in revenue per month.
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Oh, sure.
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Showing 541–560 of 1,247 · page 28 of 63
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