More and more people have been turning to ATMs as a way of generating passive income, and it’s surprisingly easy to do. Take it from the founder of ATMMachines.com, Justin Gilmore, who began his ATM business before he even reached his twenties. Now over 14 years later, and he’s grown to the point of owning over 600 ATMs, processing over 1,200, and selling 20 to 30 a month through his company.
It wasn’t easy getting to that point, but with consistency, he managed to push through all the obstacles in his way. Justin didn’t have the easiest upbringing, mostly because he grew up poor and struggled in school, but those two things fueled the fire inside of him. The people around him didn’t have hope for his future, so Justin decided to prove them all wrong.
Justin first learned about the ATM business when he was around 19 years old, and it instantly interested him. He moved on from his hustles of flipping pizzas for double the price and selling old newspapers on eBay, and put all of his energy into creating an ATM business. He cold-called places and went door to door around his hometown of Atlanta until he had a list of people looking to place ATMs in their establishments, and then things were set into motion.
With his hard-working mindset and knowledge of running a business that he learned from countless books on entrepreneurship, Justin started generating up to $15,000 each month in only two years. At the age of 21, he had even set up a contract with the Georgia Dome to provide them with ATMs.
That deal fell through in just a few months because of the lack of resources to keep up with the demand the machines brought, leaving them often empty. But Justin didn’t let it negatively impact him. To him, it’s important to embrace one’s failures and move on from them; they don’t define anyone or their work ethic.
After that blunder, Justin bounced back and is growing his success daily. He credits his team, made up of his close friends and family, for helping him achieve all that he has. When it comes to the ATM business, it’s crucial to find people one can trust, considering they’ll have access to a large amount of money. This way, he knows he can trust them, and it’s also nice being able to provide a job for his loved ones.
Not only is he helping those close to him, but Justin wants to offer his skills and advice to others looking to start within the ATM business. He’s currently in the process of creating a course that provides information on every aspect of how to grow and run an ATM provision and processing company successfully. The release date has not yet been disclosed, but you can find updates on Justin’s Instagram, @atmmachines_com, regarding all the work he’s currently doing.