Sigma Owned Business Spotlight

Maximize Your Profits

Bolt Vending was founded with a mission to empower small businesses. It offers a suite of services, including free ATM placement, event ATM rentals, vault cash management, cashless ATMs, a cash discount program, and credit card processing.

The vision is clear, help businesses reduce debit & credit card fees while generating extra income for both businesses.

Challenges and Triumphs

Every journey has its bumps, and Bolt Vending is no exception. As a minority business owner, Paoli Wognakou faced hurdles like effective marketing, finding profitable locations in a competitive market, and securing capital for growth. But with resilience and creativity, these challenges were met head-on.

By expanding service offerings and focusing on branding, the business is gaining traction. A strategic social media plan is in the works, and valuable insights have been collected from research and networking within the ATM community. To address capital needs, a unique partnership plan was created, allowing family and friends to invest in exchange for profit sharing.

Convenience Meets Community

Bolt Vending isn't just about transactions, it's about transformation. By providing safe and reliable cash services, the business supports local commerce and engages with the community.

Collaborations with local businesses during community events have boosted revenue, proving that when businesses work together, everyone wins!

Insight from Owner

What keeps Paoli motivated? It's the tangible financial impact seen on local businesses and the chance to support fellow entrepreneurs. Understanding and addressing challenges that many small business owners may not even realize exist is both rewarding and inspiring.

Future Aspirations

Looking ahead, Bolt Vending has big dreams! In the short term, the goal is to expand the ATM and merchant service network to strategic, profitable locations. Hiring vault loaders and lead generators will enhance operations and marketing efforts.

Paoli’s long-term aspirations include integrating advanced financial technologies like contactless transactions and cryptocurrency capabilities. Plus, there are plans to purchase an established ATM route in other states, marking the beginning of an exciting expansion journey!

Advice to Other Entrepreneurs

For aspiring minority entrepreneurs, here’s some sage advice from Paoli: Persistence and consistency are key! Don’t let obstacles hold you back. Seek mentorship, leverage resources tailored for minority-owned businesses, and always keep the mindset that there’s room for growth and improvement.

Connect with Bolt Vending

• Website: www.boltvending.net

• Email: pwognakou@boltvending.net

• Phone: (405)757-7651

• Mailing Address: 6608 N Western Ave #1351, Oklahoma City, OK 73116

Bolt Vending is not just a business, it's a shining example of possibility and opportunity in the community. With a commitment to service and a passion for helping others, this is a company to watch as it continues to grow and thrive!