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!
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Special thanks to Matt for joining me this week. Until next time!
Today's guest has taken vending machine passive income to a whole new level, growing a hugely successful franchise and helping schools in the process.
- How Matt started small with vending machine passive income.
- The ins and outs of running a franchise.
- What being an Air Force pilot taught Matt about entrepreneurship.
- Advice for beginning franchise entrepreneurs.
- Strategies for building community and accountability among franchise members.
- How expanding his team changed Matt's business for the better.
- Ideas for fostering entrepreneurial skills in your kids.
- How School Spirit Vending has transformed school fundraising, and more!
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