JLDC 0087: Interview with Matt Miller – Starting Your Own Passive Income Vending Machine Business

In this interview, we get to hear the inspirational story of Matt Miller, who went from being in a financial hole, to being able to get out of the rat race entirely, by building up a passive income vending machine business.

Matt Miller - School Spirit VendingTopics discussed during this podcast include;

  • How did you start your vending machine business?
  • Why did you choose gumball and sticker vending machines, over the other more common types?
  • How are you helping others to start their own successful vending machine business?
  • And much more!

You can play this session of the podcast here:

Websites referenced during the podcast:
School Spirit Vending
Rich Dad Poor Dad by Robert Kiyosaki
The E-Myth Revisited by Michael Gerber

Here’s a timeline of the topics discussed during the podcast:

0:00 – Introduction to Matt Miller and School Spirit Vending
1:30 – Matt Miller’s growing up, schooling, and corporate career
2:25 – How Matt began his first vending machine business
4:20 – Did you come from an entrepreneurial family?
5:15 – What make you decide to become an air force pilot?
7:30 – How much of an impact did your experience in the air force have on your business success?
9:50 – What was your business plan in the beginning?
13:15 – What type of vending machines do you use in your business?
16:30 – Is it easy to get a vending machine into a school? Are there a lot of regulations?
17:30 – What is your initial approach when approaching potential vending locations?
19:20 – How has your business evolved, and what is it you do today?
23:15 – Was it a big task creating your own franchise?
24:40 – Can you share some of your franchisee success stories with us?
28:45 – Which areas is the SSV business opportunity available right now?
29:35 – Final thoughts

Rate the John Lagoudakis dot com Podcast on iTunesP.S. If you’re enjoying the show, it’s safe to assume there are others out there like you who would also enjoy the show.

Help them find it.

Click here to rate and review the show in iTunes.

Those people will appreciate it, and you’ll feel great about yourself.

Leave a Comment

Your email address will not be published. Required fields are marked *