Transcript
A (0:08)
What do you do when life throws you into a new chapter at 55, single, starting over and needing a way to support yourself? Well, if you're Kathy Kidd, you build something from the ground up. Something most people might overlook. Vending machines. But this isn't just about the vending business. This is a story about building a business based on the lifestyle she wanted to live. And she, she didn't just grow the business, she 10x it. And you're about to hear how. Welcome back to locally owned. Today's guest is Kathy Kidd, a single mom who turned a few vending machines into a six figure business, all while working from home and teaming up with her adult son. Kathy started her journey after over 20 years as a homemaker and grew healthy choice to go a thriving vendor vending business that is unique from other vending businesses. And in just a few years, she's turned six vending machines into over 50 and created a successful family venture. You're going to love hearing her incredible story and the lessons that she's learned along the way. Kathy, welcome to the show.
B (1:21)
Thank you. Good to be here.
A (1:23)
Yeah, thanks. I've been looking forward to this. You know, you've done something that so few businesses are able to do and you've done it with a business that's maybe not known for being one of the sexier businesses to be in. But you started a vending machine business with six machines and in less than 10 years, you have over 50 out there right now.
B (1:47)
That's right, yes.
A (1:49)
So you have just about 10x your business in seven or eight years. That's incredible. Most people are just happy to double and you've done something that a lot of people might never do in their business. Most entrepreneurs I talk to, they'll attribute their success to maybe some skill that they've had a lot of hard work and some luck. And so I want to find out what it took for you to to just about 10x your business over the next or over the last 7 or 8 years.
B (2:25)
I would say all 3 of those things for sure. You know, it's funny you said not the sexiest. I wanted to start with that because when I looked at vending, I passed on it because I thought it was so nerdy. Definitely not sexy. But anyway, in that process, I came back to it. We've worked hard, we've had some luck a little bit. I think the best luck I had is my son joining me because having somebody that you trust that can come in and take over and take it and run with it. Is fabulous. So I can grow it and build it. He's coming, got the day to day going. So we've just been a really good team.
A (3:04)
