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Friday 9 March 2018

SPI 235: Beyond the Gumball: How Matt Miller Built a Successful Vending Machine Business and Franchise

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Vending machines are a beloved, lucrative passive income stream for so many entrepreneurs. Today’s guest knows this better than anyone. In fact, he’s transformed his vending machine business into a wildly successful passive income franchise—and helped fund schools around the country in the process.


Matt Miller, founder of SchoolSpiritVending.com, started his passive income journey with a single gumball machine. But he didn’t stop there. Matt transformed his business into a franchise designed to help schools raise the funds they so desperately need, installing spirit merchandise vending machines that replaced the need for kid-powered door-to-door fundraising. Soon, entrepreneurs of all ages—even whole families—were approaching Matt about starting a franchise of their own.


If you’re curious about vending businesses as a source of income, tune in to hear Matt’s story. He’ll share his expert tips on getting started as a franchise owner, partnering with schools, and how parents and kids can learn entrepreneurial skills as a family. Matt’s vision is a whole new way to think about passive income—I know you’ll want to hear it!


Thanks for Listening!


Thanks so much for joining me again this week. Have some feedback you’d like to share? Leave a note in the comment section below!


If you enjoyed this episode, please share it using the social media buttons you see at the bottom of the post.


Also, please leave an honest review for The SPI Podcast on iTunes. Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and I read each and every one of them.


If you have any questions, head on over to AskPat.com. This bite-sized show has more than two million downloads and counting!


And finally, don’t forget to subscribe to the show on iTunes to get automatic updates, or even better, download the new SPI Mobile App, now available for both iOS and Android. It’s free!


Special thanks to Matt for joining me this week. Until next time!



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