A girl based in Manchester began with minimal money and built an expanding business organization.
Megan Healey decided to abandon her finance profession at age 26 to establish an unexplained vending machine business.
Evidences of her past guided her decision to become an entrepreneur. The future entrepreneur Megan made many of her business mistakes when she deducted school snacks to her fellow students during her academic years.
A stable finance salary did not satisfy her so she left finance to search for a different answer.
She dedicated nine months to find business opportunities which would allow her to achieve financial independence.
Her business journey began when she discovered vending machines which she considered profitable alongside being semi-passive. She invested £700 in her first vending machine purchase from eBay during 2022.
The machine received 40 beverage items and 250 snack products before finding a location outside the card shop building.
Her initial joy vanished when she discovered the machine generated income near £30 during each month.
Credit: (Collect/PA Real Life)
The failure in sales results motivated Megan to study the performance data which helped her modify her methods.
She noticed that selecting the right location remained the crucial determining factor in vending machine businesses.
The initial sale of her vending machine allowed her to buy a second one due to profit gains. She placed the machine inside the Manchester care home where it became the key factor transforming her business.
The care home vending machine proved to be a very successful move because sales figures exceeded both initial attempts.
She studied successful profitable product sales from her established customer base because of her steady revenue stream.
Coca-Cola turned out to be the most popular item that she sold after testing various products. Each sold Coca-Cola bottle generated her £1.20 net profit so she included these bottles in every machine she operated.
Her expertise enabled her to add vending machine positions throughout Manchester, Liverpool, and Rochester.
She selected each vending machine location based on the presence of high customer numbers and predictable revenue flow.
The once modest side business of hers had transformed into a substantial full-fledged enterprise.
Through automated vending machine control she managed to maintain satisfactory personal and professional relationships.
Megan confesses that maintaining physical machine inventory requires hard physical effort from her. Having a limited stature forces her to feel exhausted about vending machine maintenance which prompted her to think about adding staff.
She dedicates her time to restock her machines twice or thrice weekly as the main part of her work schedule.
Her additional available time enables her to build up her business while developing new initiatives.
Upon obtaining her business freedom she started her second venture which focused on trainer sales. She intends to expand both businesses through management and logistics strategies.
She envisioned her business could have endless possibilities if she achieved her goals so that becomes her ambition for the future.
She plans to establish a system which minimizes physical operation costs while achieving maximum business revenue.
Through years of dedicated work and strategic business choices Megan’s vending operation generates £7,000 each month. Her vending business has achieved financial growth that surpasses by 161% her past finance earnings which stood at £27,000 annually.
Her success demonstrates that carefully planned risks lead people to achieve economic independence.
Through her life story Megan demonstrates important lessons for people trying to break free from their daily office work.
Feature Image Credit: (Instagram/meganhealeey) and (Collect/PA Real Life)