Welcome to Pursuit of Profit, the franchise business podcast hosted by Cliff Nonnenmacher, franchise consultant, co-founder of Franocity, and co-author of "Beyond the Brand." Each episode delivers raw, unfiltered insights for aspiring franchisees, multi-unit operators, franchisors, and entrepreneurs who are serious about building wealth through franchising. Cliff shares real-world strategies on buying a franchise, running a franchise business, and scaling for long-term success. No fluff, just straight talk. Together with his business partner and fellow co-author Justin Guevara, Cliff has helped hundreds of people navigate the world of franchising through Franocity's 100% free consulting services. Their mission is simple: help you achieve financial freedom through franchise ownership and live your life fearlessly.
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Welcome to Pursuit of Profit, the franchise business podcast hosted by Cliff Nonnenmacher, franchise consultant, co-founder of Franocity, and co-author of "Beyond the Brand." Each episode delivers raw, unfiltered insights for aspiring franchisees, multi-unit operators, franchisors, and entrepreneurs who are serious about building wealth through franchising. Cliff shares real-world strategies on buying a franchise, running a franchise business, and scaling for long-term success. No fluff, just straight talk. Together with his business partner and fellow co-author Justin Guevara, Cliff has helped hundreds of people navigate the world of franchising through Franocity's 100% free consulting services. Their mission is simple: help you achieve financial freedom through franchise ownership and live your life fearlessly.
How AI Is Disrupting Vending and Creating a New Franchise Model with Jeff Marsh of SmartMarket Solutions
Pursuit of Profit: The Franchise Business Podcast
48 minutes
3 months ago
How AI Is Disrupting Vending and Creating a New Franchise Model with Jeff Marsh of SmartMarket Solutions
Episode 99: On this episode of Pursuit of Profit, Cliff talks with Jeff Marsh, founder of SmartMarket Solutions. Forget the days of dusty snack machines in break rooms. Jeff's building a modern tech enabled retail solution powered by AI vision. These are AI powered unattended micro retail units, offering fresh food, drinks and dry goods in high traffic locations. He's helping entrepreneurs launch flexible, scalable businesses with no employees, no franchise fees, no royalties, no long-term real estate commitments, and really no rules. Find out what the best part about being a SmartMarket entrepreneur is... take a listen!
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Timestamps:
00:00 - Intro
02:15 - Vending vs. AI convenience store
09:26 - Technology
12:07 - Why franchise
17:08 - How do you make money (Item 19)
24:03 - Financing a business
26:37 - How does SmartMarket earn revenue
29:46 - How do the machine owners earn extra money
36:32 - Validation data
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Links:
SmartMarket Solutions
Watch the Pursuit of Profit on YouTube!
Connect with Cliff and Justin:
🌐 Website - https://franocity.com/
📷 Instagram - /franocity
👍 Facebook - /franocity
💼 LinkedIn - /cliffnonnenmacher
💼 LinkedIn - /justinguevara
* Consult with Cliff and Justin @Franocity
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Welcome to "Pursuit of Profit," the raw and unfiltered podcast where Cliff pulls no punches to guide aspiring entrepreneurs, business owners, and franchisees on their journey to create wealth, financial abundance, and ultimate personal growth. If you're seeking sugar-coated advice and constant reassurance, this podcast may not be for you. But if you crave unapologetic honesty and a dose of tough love, then you've come to the right place.
Pursuit of Profit: The Franchise Business Podcast
Welcome to Pursuit of Profit, the franchise business podcast hosted by Cliff Nonnenmacher, franchise consultant, co-founder of Franocity, and co-author of "Beyond the Brand." Each episode delivers raw, unfiltered insights for aspiring franchisees, multi-unit operators, franchisors, and entrepreneurs who are serious about building wealth through franchising. Cliff shares real-world strategies on buying a franchise, running a franchise business, and scaling for long-term success. No fluff, just straight talk. Together with his business partner and fellow co-author Justin Guevara, Cliff has helped hundreds of people navigate the world of franchising through Franocity's 100% free consulting services. Their mission is simple: help you achieve financial freedom through franchise ownership and live your life fearlessly.
