Episode 89: Maximize Your Passive Income, with Matt Miller

Matt Miller spent the first 9 years of his career as an Air Force pilot, before entering the private sector to work in both the medical device and advertising industries. While a top performer in the corporate world, his long-term desire was to be his own boss. A good friend one day mentioned the gumball machines he and his young daughters owned, and that conversation began a 10-year business quest that has brought Matt’s company, School Spirit Vending, to the cutting edge of both the vending and school fundraising industries. Today, School Spirit Vending’s franchising program provides a proven and profitable business system for busy professionals and their families looking to develop secondary income streams with a limited time commitment.

What you’ll learn about in this episode: How Matt went from being turned down for a payday loan to owning a $5 billion business What to do with your “entrepreneurial itch” Why multigenerational entrepreneurship is a cornerstone of Matt’s business The power of empathy to inspire associates and franchisees A tried-and-true method for earning passive income with minimal time investment What it takes to lead by example Why your company needs an internal podcast and how to produce one The reason Matt franchised his company and what he gained from that experience Ways to contact Matt: Website: ssvbusiness.com/advantage Twitter: @ssvbusiness Email: [email protected]