@deadend it is, especially when all you have to do is collect it. An extra 24grand a year why that's a part time minimum wage job that hes getting paid for and doesn't even have to really work.
@deadend I'm over here making 800 to 900 a month bud. 500 a week is actually livable in my state and would turn my entire life around in so many ways. That is definitely money. Even if not to you mate xD.
A video of a guy emptying change out of washing machines at a laundromat shows up in everyone's recommended list but none of my martial arts videos ever do of course. Thanks UA-cam! This guy uploaded his video one month ago and he has over half a million views. I started my channel three years ago and all of my videos combined (all 500+ of them) have less than 10,000 views. I mean, WTF is that? Is this guy paying UA-cam to be featured/recommended? Has my channel been banned by UA-cam? I'm curious.
@White-Van Helsing What I'm wondering is if people pay money to UA-cam to have their videos show up in the recommended section. It would make sense, because you pay to advertise/promote things everywhere else in the world.
In my old apartment I hooked up a full size washing machine to my sink just need to run the drain into the sink of if your scared about messing with the lease they have small washing machines with almost zero sound. I also had an apartment size dryer takes 2, 2 hour dryes for a load but it was more convient then the laundry matt still just need it near an open window away from electronics.
4:06 When you come collecting, rearrange some of the snacks to make the machine look full, even if it's not. It's more appealing for the potential buyers.
@@legion1yt Not only just for $400 but also specifically go out of your way to go to his laundromat to rob it instead of just a local laundromat. You'd have to have a grudge against the owner to do that.
He locked the door genius Ready to have a breaking and entering along with a robbery felony for a couple fivguys burgers worth of money? This is why criminals are stupid
And now youve commented which tells youtube algorithms that you like this video enough to suggest it again too. If you dont like the suggested clips just click dislike
Ok so 500$ a week is more than the average person, but you have to remember, people who own laundromats usually have 2-3 more, sometimes even 5. It's literally a licence to print money.
You have to worry about rent, maintenance, and Uncle Sam taking his huge cut. These machines tend to break down constantly as well with so much use. Not to mention the places in which laundromats exist tend to not be the richest areas. So thievery and gangs are always a potential issue.
I think a laundromat is way too much effort compared to just owning a franchise and letting someone else be in charge of it.. or hell even a vending machine is probably less work overall. I think we need to take into account effort involved, money you will spend on fixing things, and taxes.
@@darianbell9614 yeah but they have to pay for the power, water, property taxes or rent or lease if they do not own building. not to mention he has to pay for the drinks and snacks to fill the machines, so yes there are def a lot of overhead
I owned a 26 unit trailer park in a small town. And next to it was an old laundromat owned by my family. Both very similar to yours. I would much rather refill the snack and soda machines than mess with the trailer park. Always seemed that everything got destroyed in the park. If I had only knew that people would watch coin collection videos......
uhm... isn't it obvious that you can do that when you can see the normal lock ? What you can't lockpick is the coin exchanger that has a different mechanism
Just can't win , i've had 20+ comments that I'm a rich snob because I wear said "Nice" leather jacket. It was $79 from Kohls, I don't know whether that's nice or not.
@@InvestmentJoy Probably beats my The North Face coat that I found laying in the coat room, one day. After asking all of my family members who the coat belonged to (and they all said, "not me!"), I just claimed it. Not a bad coat... didn't cost me a dime and I have no idea how it got in my house. Nobody has come looking for it, so... mine.
@@opannefrank1986 Average utility costs 4,000-8,500$ a month. Likely not even remotely breaking even. Depends on location, if he has a well on his property, and is the property owner, he'd be making profits. Electricity is high, business average is 15% of revenue, the city water costs is where it gets you.
Not sure how I discovered this video and at 1st I wasn't going to watch. Then i found myself fascinated with the counting of the quarter and bills. Does anyone know the psychology behind the intrigue with these videos? I'm not hating at all, enjoyed this video.
On this collection the coca-cola machine made ~$91.75 Snack machine - $45.50 Washers & Dryers - $352 Is this a weekly collection? You would think someone could make a living running a laundromat.
@@InvestmentJoy Does it include a weekend or not? I imagine a weekend is better business. Aside from that I assume you're losing a fair bit to overheads.
@@InvestmentJoy Look around for some more recent covers and ask said singers if they are ok with you using it, probably not gonna find anything other than that tbh.
Always wanted to open a little shop like this the only problem is it takes money to start making money like this and enough money to start something like this I dont yet have
Hello P7777777, Its kinda a question to answer urself. What do i mean with that? Well first how much money will you spend on the wasmachines, decoration, vending machines, the building itself etc. If you very intrested you should make a good list and put al the ideas and maybe even a drawing of you're laundry shop would look like. Then try to find some people that wanna invest in you or even talk a bank to pay them off later on. Goodluck with it ! :D
I'm confused about the coin machine. You said you collected 406 in bills but 53 of that was from the coke/snack machine. They were not exchanged for coins. That means $353 were exchanged for quarters. So if you collected $365 in quarters from all the machines, then you actually put $12 extra into the coin exchanger, not $40 less. That's why people harp about collecting and counting them separately. When you do it together your coin machine looks like quarters left, when you do it separately, you realize quarters came in.
@Investment Joy you said that you made 50€ with the Cola machine, but do you still have to deduct the price of the cans you bought, or did you already include this?. Sry, my english is not that good
He has cameras he is way better off just handing over the money and calling the police. If he has a gun he might be lucky and not end in a shootout, but even if he gets the guy from now on they will know. Shoot first and grab the money. But ill just let your death by firearms statistics speak for itself, me using logic probably won't help. lol murica.
@kopytek36 I have no personal slice in this pie and I'm just throwing this in here as a devil's advocate, but the vice versa of that statement is also true and throwing more gun's on the table would increase your countries school shootings and after a quick search I can't really find any shooting statistics in the UK.
I used to work for one of the big two soda companies running their vending business in a market and you ABSOLUTELY get have more turn on machines with a card reader. They're also easier to fill as the wireless device also transmits what sold in the machine so you know (at least in theory if it's working) how much you need to replenish, if there's a jam, etc. That said I don't know how much those card readers cost- I know they were very expensive, I want to say like $1500, and for as many machines as we had there was a third party that handled the sort of back end data administration. Not sure how that would impact the margin, but yeah I'd say a machine with a card reader would do maybe 5-6x the sales.
Didn't he say a few videos ago that he wanted LockPickingLawyer to come to his location and test his locks? I think thats the big youtuber he is talking about he has over 1 million subs.
While true, he made $12/hr without actually doing anything. I believe that is the idea of passive income. Now imagine if he were to also work for someone/some company. Eg. homedepot where he gets paid $12/hr for actually working. Now he makes $24/hr (before tax obviously). But the idea is to eventually grow his business and open up more businesses, plus he’ll get some tax benefits and any other income he may make from UA-cam. The idea is to diversify your income sources.
Paying electricity, repairs, inventory, rent, taxes etc. I'd rather make $12 an hour working for someone else and getting my actual paycheck minus taxes. If the goal is to open up more businesses this business is definitely not paying the money to do that. You'd net more working for someone else and stashing as much as you can. I understand it is not a total waste and the freedom is excellent, but the general point remains the same. I couldn't imagine paying just the electricity for running those driers on 12 an hour forget rent or anything else.
First time viewer here, just wanna say: this is the random stuff I need the youtube algorithm to bring to me more often! Fascinating to see your workday, thanks for sharing :)
LED 5000K retrofit bulbs from Home Depot drastically saves on the electric bill, and a additional surveillance camera system from eBay would help. Video surveillance is only good if the camera lens is not dusty, or distorted from humidity. Low cost dome camera systems are neat.
You didn’t separate the 2 counterfeit $1 bill for destruction. All you did was put the fake bill on the bottom of the stack and exclude it from the count. Potentially putting the fake bill back into circulation.
Yeah, I really wish he had ran those two again to double-check. I have a feeling that the one that errored was the second one, not the first. He only reran the first one through, which came out clean. He did not check the second bill.
Cut a hole in your wood desk so that the dimes and nickels can fall into the drawer below then glue a pvc elbow to the desk and slide the opening up to it
This Man makes money off of how much money he made. This is on a next level
:)
@@InvestmentJoy
I wish I could make money jacking off but I'm not a pretty woman so...
@deadend it is, especially when all you have to do is collect it.
An extra 24grand a year why that's a part time minimum wage job that hes getting paid for and doesn't even have to really work.
@deadend
Still profit though.
@deadend I'm over here making 800 to 900 a month bud. 500 a week is actually livable in my state and would turn my entire life around in so many ways. That is definitely money. Even if not to you mate xD.
I have NO IDEA why this showed up in my recommendations but I dig it.
A video of a guy emptying change out of washing machines at a laundromat shows up in everyone's recommended list but none of my martial arts videos ever do of course. Thanks UA-cam! This guy uploaded his video one month ago and he has over half a million views. I started my channel three years ago and all of my videos combined (all 500+ of them) have less than 10,000 views. I mean, WTF is that? Is this guy paying UA-cam to be featured/recommended? Has my channel been banned by UA-cam? I'm curious.
Same
@White-Van Helsing What I'm wondering is if people pay money to UA-cam to have their videos show up in the recommended section. It would make sense, because you pay to advertise/promote things everywhere else in the world.
Same
@White-Van Helsing I guess I'll just have to record my next video at the laundromat lol.
this guy literally has a channel of making himself money on youtube also making him money. this mans living in 3020
The future!
Are we the money collection?
Graham Stephan is living in 4020
Unoriginal
This guy is a living gta online ceo
With his earnings he can buy two shark cards...
@@Albus_Rex don't worry with those two shark cards he can buy the equivalent of 1/3 of another laundromat half the size of his current one
@@CadillacDeVilledElegance better than minimum wage!
except hes not selling cocain
@@akubi6 that's what we think
Nobody:
UA-cam Recommended: Hey watch a guy getting money from his laundromat
R a c e y yup and for some reason I'm enjoying it.
Haha, same
😂🤣🤣
sounds like money laundering to me
@Olivia Hey sounds like money laundering to me
@@chupapito1910 sounds like money laundering to me
:|
Fit47 sounds like money laundering to me
Olivia Hey money sounds like laundering to me
Shoe nice that didn’t do meth and got his degree
Slacker Studios 😂
Alternate universe.
Shoe used to sell fiverr videos
Costs $6 to do a wash and a dry in my building, we have no other choice because nobody has opened a private laundromat nearby
MRH open one
invest and open one, youll make bank
In my old apartment I hooked up a full size washing machine to my sink just need to run the drain into the sink of if your scared about messing with the lease they have small washing machines with almost zero sound. I also had an apartment size dryer takes 2, 2 hour dryes for a load but it was more convient then the laundry matt still just need it near an open window away from electronics.
Lucky! Mine is $7.50!! The person who owns it is a greedy Asshole and half of the units dont work
Get a washing machine and put it in your kitchen, europastyle
4:06
When you come collecting, rearrange some of the snacks to make the machine look full, even if it's not.
It's more appealing for the potential buyers.
It's called "conditioning" or "fronting".
@@Robot-Overlord "Facing" as well.
Effort to change pricing too high.
@@flandrble Some older machines have 1 price for every item. I could be wrong, but I've seen people do it.
@Cosmonauteable Yet he still doesn't do it.....
"Shoenice here, well basically i just empty quarters out of laundry machines"
Tree Wisps well basically...
Lmao
Shoenice after he stopped slamming whole bottles of liquor and motor oil.
Me: I have to go to sleep early today because i have school tomorrow
Me at 3am: Click on coin collecting video
saaaamee
Well look at the time 😂
Deadass me rn
why is that me right now?
WTF why is this in my description and I'm actually kinda cool with this AT 2 AM
I feel like you’re going to get robbed now
SO far so good
LOL for 400$
what are you gonna do wash your laundry for free and then break the machine and take about like 100 pounds of change
@@legion1yt Not only just for $400 but also specifically go out of your way to go to his laundromat to rob it instead of just a local laundromat. You'd have to have a grudge against the owner to do that.
@@legion1yt others would kill for less
17:00 "Oh great we're getting disorganized, just like my life." Everybody watching this late at night: ur not alone.
I'm watching in the middle of the day in the middle of the week because I don't have a job
I related to that statement on a spiritual level.
I didn't search for this , but I'll watch .
after watching this whole video , I realized that my weed is really good :)
Joseph Heaney ?
@@nikokaderabek4501 exactly,I wasn't thinking I would watch the whole vid, but I did
Thank you
Me too, friend
Ikr, should be sleeping as gotta wake up in like 6 hours but nope, here we at lmao
no one:
literally no on:
UA-cam in the middle of my exam season: hey I think youd love this video
Well..... Did you?
@@InvestmentJoy I watched it all so I guess UA-cam was right
Same
you just leave that bucket of money on the desk and then leave?
*list of people to rob*
jen annalee wouldn’t be robbin him of much
He locked the door genius
Ready to have a breaking and entering along with a robbery felony for a couple fivguys burgers worth of money? This is why criminals are stupid
@@MrBiteme39 its a joke bruh
@@MrBiteme39 i would say you must be fun at parties but we all know you dont get invited.
😂
I swear these collection videos never get old!!
Kevin Scanlan Jr. - Financial Tutor Thats Becuse it isnt OLD… yet
It’s satisfying watching him collect the money 😂 It’s like 2 am and Im watching this lol
Why is this in my recommended?
Kibo Martinez no clue
And now youve commented which tells youtube algorithms that you like this video enough to suggest it again too. If you dont like the suggested clips just click dislike
Because you need to wash you're clothes.
You're not you when you smell nasty. Watch a man steal yo money
Lol ikr same here
Ok so 500$ a week is more than the average person, but you have to remember, people who own laundromats usually have 2-3 more, sometimes even 5. It's literally a licence to print money.
It's literally not ;)
You have to worry about rent, maintenance, and Uncle Sam taking his huge cut. These machines tend to break down constantly as well with so much use.
Not to mention the places in which laundromats exist tend to not be the richest areas. So thievery and gangs are always a potential issue.
I think a laundromat is way too much effort compared to just owning a franchise and letting someone else be in charge of it.. or hell even a vending machine is probably less work overall. I think we need to take into account effort involved, money you will spend on fixing things, and taxes.
this is $500 before expenses lmao he'd make more at mc donalds
@@Chris_t0 xD working full time almost lolol
I'm interested to understand the PROFIT you get. Revenue is only a small part of the equation.
when they dont share profit info, there usually isnt any....
I think it's basically all profit. The cash that is. As long as there isn't any overhead like paying employees.
@@darianbell9614 yeah but they have to pay for the power, water, property taxes or rent or lease if they do not own building. not to mention he has to pay for the drinks and snacks to fill the machines, so yes there are def a lot of overhead
@@justinlalugski2083 yeah I think he said in another video he said he didn't even pay for the place and that he got someone else to buy it.
not too sure if he has to pay for utilities. If he does he probably still profits, just not that much. But for such little work it could be worth it.
“Oh great, we are getting disorganized. Just like my life.” I felt that on a spiritual level bruh
We didn’t search, but him tipping money in the bucket is satisfying
Why does it seem like there's hardly any money in these washers? Where I go, it's like $5 a wash.
The contest sounds cool but I wouldn’t want the money. I think it would be interesting to hang out with you for a day
I always dreamed of winning a contest where I count Quarters, wonder who the lucky winner was.
why count them, just use that machine at stores and where ever
I owned a 26 unit trailer park in a small town. And next to it was an old laundromat owned by my family. Both very similar to yours. I would much rather refill the snack and soda machines than mess with the trailer park. Always seemed that everything got destroyed in the park.
If I had only knew that people would watch coin collection videos......
I would be interested to see what your margins are like on ventures such as these. Especially when you include electricity, building rent etc.
FastDudeDotCom that last sentence tho. 💯
Honest I love how you call the crack heads rock smokers 😂
no non o he calls them the people of the rock, and the other are the people of the spoon!
Why bother? Unless a rare date isn’t really worth that much.
Let’s just be honest. You did not search for this video.
LegendaryHarpSeal52 shUt uUp
This is how the tale of a Laundromat invitation for thieves began.
Perhaps he has CCW license and is packing heat.
@@phdtobe or he has insurance and they'll replace the stolen goods.
What are the operating costs for all of your equipment and utilities?
$771 in total income from everything, total profit $365.76, rough guess is he has around $400 in costs.
@@grahamdelacey5779 per week? So about $19k a year.
@@pirate1012 I thought old mate in the video was doing a monthly collection ? I'm pretty high, so I'm just happy I nailed the costs.
"$1257 per month to run the laundromat" via video titled "How I buy laundromats for $0 (Full Process Explained)
"
@@EgaTehPro thanks!
As a coin collector I'd go crazy searching for low print Star notes on the bills, silver coins and any other vauleble coins that might be in there.
You can't go anywhere if you're already there.
imagine he is collecting money then CJ pops up and rob him
Hey look it’s shoenice before he ruined his life!
why do i always expect to see a robbery every time you do one of these videos 😝
That old quarter counter makes my head hurt 😂
Have you been tracking the snack sales to see which items are more or less popular? It would be interesting to see what sells.
He doesn't even track washer/dryer/vending....think he tracks what sells more in the candy machine?
@@avlawns3037 Pretty easy to just look and see what snacks sell more.
Me: Watching a Rat Utopia Experiment video
UA-cam: L A U N D R O M A T
down the rabbit hole?
@@torwe22 correct!
HELP I NEED TO GET OUT THE RABBIT HOLE !!!
Isaiah James a what utopia
Auferstanden aus Ruinen...
That's why we use L'Oreal, because we're worth it.
Yu-Gi-Oh abridged reference
Flat Earth Gaming thats a thing? Brb gonna go watch it
Yeah, I would have to have a spreadsheet to keep track of sales on all units.. I would have to know what each was doing.
you just taught people you can lockpick vending machines
uhm... isn't it obvious that you can do that when you can see the normal lock ? What you can't lockpick is the coin exchanger that has a different mechanism
you just taught people you can lockpick vending machines
LockpickingLawyer has taught everyone that anything can be picked using a fork and a couple legos.
This is one of those videos you didn't find, it found you. But you damn well watched it.
Glad you did!
*Owns a laundromat, wears a terrible fake leather jacket.*
Seems like a business I want to get into.
Sometime fake is looking real but I'm not say fake look very real and real is high end and fake is low
@G Money hey leave Nick out of this
Just can't win , i've had 20+ comments that I'm a rich snob because I wear said "Nice" leather jacket.
It was $79 from Kohls, I don't know whether that's nice or not.
Nick Foust I bet that jacket was dope in 2003
@@InvestmentJoy Probably beats my The North Face coat that I found laying in the coat room, one day. After asking all of my family members who the coat belonged to (and they all said, "not me!"), I just claimed it. Not a bad coat... didn't cost me a dime and I have no idea how it got in my house. Nobody has come looking for it, so... mine.
I thought this was about money laundering
Hi FBI
8:16 you are an optimist, that's for sure.
Do you look for the 2019 West Point quarters there worth over 10 dollars. Look for the w mint mark on the from.
OK so what's the electric bill look like at the end of the month.
Or rent for the property...
or taxes...
or if he owns the property, the property tax too.. avg yield 700 a week probably. Makes more than enough.
The man is likely breaking even. He's making all his money on UA-cam.
@@opannefrank1986 Average utility costs 4,000-8,500$ a month. Likely not even remotely breaking even. Depends on location, if he has a well on his property, and is the property owner, he'd be making profits. Electricity is high, business average is 15% of revenue, the city water costs is where it gets you.
Not sure how I discovered this video and at 1st I wasn't going to watch. Then i found myself fascinated with the counting of the quarter and bills.
Does anyone know the psychology behind the intrigue with these videos? I'm not hating at all, enjoyed this video.
the money that "walked away" could have been put in the pusher
you would have made more, if you hadn't forgotten to empty the ATM as well. ;)
On this collection the coca-cola machine made ~$91.75
Snack machine - $45.50
Washers & Dryers - $352
Is this a weekly collection? You would think someone could make a living running a laundromat.
I want to say if memory serves me right this is 3 or 4 days
@@InvestmentJoy Does it include a weekend or not? I imagine a weekend is better business. Aside from that I assume you're losing a fair bit to overheads.
The # of days worth of use being collected is kind of a key piece of information missing from the video - also operating expenses in that timeline.
You look like Mike O'Malley... With a little bit of shoe nice thrown in there. But honestly, i see Mike O'Malley.
Who didn’t know who this was till it was in their recommendations
and dont forget he has youtube ad revenue lol this man is lowkey gonna be rich
This is extremely satisfying to watch
Grahm Stephen.
When he saw that Joy doesn't sell 0.20 cent coffee in his vending machine, he went home.
How long was that collection for 1 week ???
*This guy makes double the money for the fact he has 2 jobs by living his life*
You have to hum "push it to the limit" when you run the bills through the machine.
I'm trying to find a royalty free version that song
@@InvestmentJoy Look around for some more recent covers and ask said singers if they are ok with you using it, probably not gonna find anything other than that tbh.
Me: *sitting around at midnight*
UA-cam-Algorithm: " *dO YoU wANt tO waTcH Som30ne c0lIEcT mOn3y* ?!?"
Me:"HELL YEAH!"
Always wanted to open a little shop like this the only problem is it takes money to start making money like this and enough money to start something like this I dont yet have
How much would it cost to start a laundromat?
Hello P7777777, Its kinda a question to answer urself.
What do i mean with that?
Well first how much money will you spend on the wasmachines, decoration, vending machines, the building itself etc.
If you very intrested you should make a good list and put al the ideas and maybe even a drawing of you're laundry shop would look like.
Then try to find some people that wanna invest in you or even talk a bank to pay them off later on.
Goodluck with it ! :D
Get a loan.
I'm confused about the coin machine. You said you collected 406 in bills but 53 of that was from the coke/snack machine. They were not exchanged for coins. That means $353 were exchanged for quarters. So if you collected $365 in quarters from all the machines, then you actually put $12 extra into the coin exchanger, not $40 less. That's why people harp about collecting and counting them separately. When you do it together your coin machine looks like quarters left, when you do it separately, you realize quarters came in.
How come good stuff gets recommended to me only when im sick
@Investment Joy you said that you made 50€ with the Cola machine, but do you still have to deduct the price of the cans you bought, or did you already include this?.
Sry, my english is not that good
That coke-machine infront of the house reminds me on vendingmachines in rust
in outpost lmao
@@420f37 my fellow nerds
Way better idea with recording afterwards during the editing process while doing the counting!
I hope you concealed carry while you collect money dude.
He has cameras he is way better off just handing over the money and calling the police. If he has a gun he might be lucky and not end in a shootout, but even if he gets the guy from now on they will know. Shoot first and grab the money. But ill just let your death by firearms statistics speak for itself, me using logic probably won't help. lol murica.
@@benjamin8214 Someone is salty today
@@benjamin8214 suicides are 80% of the deaths from the 30k so that's 6k and that includes accidents and gang-related crimes. Just adding more info :)
@kopytek36 I have no personal slice in this pie and I'm just throwing this in here as a devil's advocate, but the vice versa of that statement is also true and throwing more gun's on the table would increase your countries school shootings and after a quick search I can't really find any shooting statistics in the UK.
Just hand over the money. Not worth getting into a shootout and risking your life over 400 dollars
So when the utility bills come due, do ya pay em in quarters?? 😂😂😂💸💸💸
Am I the only one that likes how there isn’t a bucket catching the money in the change exchanger?
dude.. try open and collect from the ATM.. for sure a lot of money in there
I always wonder if you earn more with wireless paying vending machine. Nobody has cash anymore.
Stop calling me nobody.
I used to work for one of the big two soda companies running their vending business in a market and you ABSOLUTELY get have more turn on machines with a card reader. They're also easier to fill as the wireless device also transmits what sold in the machine so you know (at least in theory if it's working) how much you need to replenish, if there's a jam, etc. That said I don't know how much those card readers cost- I know they were very expensive, I want to say like $1500, and for as many machines as we had there was a third party that handled the sort of back end data administration. Not sure how that would impact the margin, but yeah I'd say a machine with a card reader would do maybe 5-6x the sales.
Anytime you find silver make sure to point it out!
good one make sure the people of the rock dont find out!
Didn't he say a few videos ago that he wanted LockPickingLawyer to come to his location and test his locks? I think thats the big youtuber he is talking about he has over 1 million subs.
No, he had a story saying he wasn’t coming. I’m assuming it’s likely graham Stephan.
I saw money and laundromat and I was instantly like *mmmmm* laundering
IDK why i'm watching this
Too many ads in this video. It was a bit excessive.
opening one near a college would make a killing. Where I study, laundry mashines are not allowed in the appartments / dorms and laundromats are rare.
dude your name breaks this website lol
@@goodoc8248 hehe :D
Do you do this weekly? the time period between pick-ups is unclear
He looks like Burt from Glee
Claim your "here before 1mil. views" here.
For a week? Does that even cover utilities?
That's what I was thinking lol
How could he launder money
why am i watching this... i mean is 2am but why??
Surprised you dont do your coin collections weekly instead of every couple of days
He needs to refill the bill changed because he doesn't make money from f people can't get change. Also likely for security.
I just that would be great for money laundering and it took me a second to realize what I just thought.
This man just made $12 an hour for a whole 40 hour week for owning a business and he has to pay electricity on industrial driers.
Does he pay rent as well? I can't see how he could make money.
While true, he made $12/hr without actually doing anything. I believe that is the idea of passive income. Now imagine if he were to also work for someone/some company. Eg. homedepot where he gets paid $12/hr for actually working. Now he makes $24/hr (before tax obviously). But the idea is to eventually grow his business and open up more businesses, plus he’ll get some tax benefits and any other income he may make from UA-cam. The idea is to diversify your income sources.
@@HMJKS2000 if you think he isn't doing anything, see how long he lasts if he stops doing the money clearing activity.
Paying electricity, repairs, inventory, rent, taxes etc. I'd rather make $12 an hour working for someone else and getting my actual paycheck minus taxes. If the goal is to open up more businesses this business is definitely not paying the money to do that. You'd net more working for someone else and stashing as much as you can. I understand it is not a total waste and the freedom is excellent, but the general point remains the same. I couldn't imagine paying just the electricity for running those driers on 12 an hour forget rent or anything else.
First time viewer here, just wanna say: this is the random stuff I need the youtube algorithm to bring to me more often! Fascinating to see your workday, thanks for sharing :)
Not hiding your keys anymore?
Honestly thought this was ShoeNice from the thumbnail lmao.
If I were him i would have a germ-x bottle on that desk lol
LED 5000K retrofit bulbs from Home Depot drastically saves on the electric bill, and a additional surveillance camera system from eBay would help. Video surveillance is only good if the camera lens is not dusty, or distorted from humidity. Low cost dome camera systems are neat.
Why you look like shoenice
I guess we're all here because of recommendation again
What’s going on with the other laundromat?
You didn’t separate the 2 counterfeit $1 bill for destruction. All you did was put the fake bill on the bottom of the stack and exclude it from the count. Potentially putting the fake bill back into circulation.
Yeah, I really wish he had ran those two again to double-check. I have a feeling that the one that errored was the second one, not the first. He only reran the first one through, which came out clean. He did not check the second bill.
Misread title as "Money Laundering collection" 😂
No you didn't, "money" is not even in the title
@@jishman101 I see laundromat, my brain thinks its laundering, and laundering is associated with money so yeah
My dad owns a laundromat here in NL and some of my first memories is holding a salt beef bucket while he dumped the quarters from the machine
Cut a hole in your wood desk so that the dimes and nickels can fall into the drawer below then glue a pvc elbow to the desk and slide the opening up to it