Mike Hoffmann 🎯 Profile picture
Apr 9 16 tweets 4 min read Read on X
I found a guy who goes around the US asking 70 to 100-year-olds their:

• Biggest Regrets
• Biggest Lessons
• Advice to their younger self

Oddly enough, most of their answers are the same…

Here are my top 8:
Image
Image
8.
7.
6.
5.
4.
3.
2.
1.
Bonus (he’s 63).
Notice how they all say what's most important/they regret not prioritizing is:

• Health
• Family time
• Experiences
• Relationships
• Enjoying each day

& they realized money & working hard is not important...
Thankfully, I've realized this at 34.

Which is why I retired from my 9-5 at 30 & now spend my time:

• With my daughters & wife
• Prioritizing health
• Traveling

My biggest fear is having regrets at 70-100 years old.

I'm living my life now so that won't be a problem.
Image
Image
What are you scared of regretting when you're older?

If you enjoyed this & want more content like it...

Follow me @MrPassive_.
S/o to yairbrachiyahu on TikTok for these amazing interviews!
If you want help starting your Passive Income journey in addition to your
9-to-5...

DM me "Passive" and let's chat. 🥤
@YairBrachiyahu

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More from @MrPassive_

Apr 29
Don't start a vending machine business.

Just buy one instead.

Here's how you can find a vending route, buy it & make 6-figures/year from it: Image
Right now is a great time to buy a vending business.

Older operators are retiring & giving up their routes.

A member of the Vendingpreneurs community has bought 2 separate routes off people.

He expanded his vending business to 32 machines in 1 year.

How you can copy him: Image
1. How to find a route.

Some ways to find vending routes for sale:

• BizQuest(.)com
• BizBuySell(.)com
• Facebook Marketplace
• Vending machine suppliers
• Websites like Vendingconnection(.)com

& You can do drop-ins or cold calls to potential locations in your area.
Read 12 tweets
Apr 26
They don’t give this to everyone, but…

I got access to the global data for Micromarkets.

Here’s a master list of the best-selling products you need for your vending machines:

(Bookmark This)
Image
Image
Top 5 Selling Items (Sales/Store):

1. Pastries.

2. Gatorade.

3. Bottled Water.

4. Celsius.

5. Sweet Tea. Image
Top 5 Most Common Items (By # of stores carrying):

1. Dr. Pepper.

2. Poptart frosted Strawberry.

3. Mountain Dew.

4. Doritos nacho cheese.

5. Pepsi. Image
Read 8 tweets
Apr 23
90% of businesses fail.

Because 90% of people try to start the risky ones...

6 simple businesses with the highest success rate in 2024 (that anyone can start): Image
1. Laundromats.

94% success rate.

Laundromats are a tried & true business that has been around forever.

They have high success rates due to their simple business model:

Customers bring their laundry, wash it themselves, & then dry it.

& Everyone is a repeat customer.
2. Self-storage facilities.

92% success rate.

The business model for self-storage is simple & can be a form of passive income.

It's similar to the rental property model in a way- buy real estate & have tenants pay you monthly to rent.

Here’s @Codie_Sanchez breaking one down:
Read 9 tweets
Apr 22
Here’s how to make $100,000+ in 6 months with only 4 vending machines:

(Starting with 0 experience)
Image
Image
How do I know this is possible?

Because a member of the Vendingpreneurs community just did this.

Thomas, a 24-year-old, started working with me only 6 months ago.

He started with 0 vending experience.

Fast forward to now…

He’s made $104,000 total.

Here’s how we did it:
1. First location.

The hardest part for anyone in the vending biz:

Finding that first location.

Especially if you’re starting with 0 experience.

That’s where the Vendingpreneurs community comes in to help… Image
Read 11 tweets
Apr 19
Here’s how I make $20,000/month reselling Celsius from Amazon at 4x the price:
Image
Image
Every week, I get a delivery from Amazon or Costco.

Now although a lot of it is Celsius energy drinks…

There’s also a ton of other products.

After they get delivered to my house…

I have someone come pick them up & sell them for me.

So…

What is my business exactly? Image
It’s a vending machine business.

Here’s a breakdown of how it works:

I own 16 vending machines in the US.

Once a week, I’ll check the app on my phone & see what products are low in the machines.

Then order those products from Amazon/Costco.

The next day… Image
Read 9 tweets
Apr 10
70% of people don’t retire until 65.

But I did it at 30.

Here’s exactly how I did it (anyone can copy me): Image
For context:

I turned 34 a couple of weeks ago.

I retired from my 9-5 career 4 years ago now.

My job before?

I was a strength coach for the military.

Although I loved what I did…

My wife was pregnant with our first daughter.

So here’s what I thought: Image
“I don’t want to work all the time while barely making enough money to get by & missing out on my daughter's childhood.”

I dreamed of a life where I could spend my time with my daughter while being financially free.

So here’s exactly what I did: Image
Read 15 tweets

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