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The Marketplace: Online Business | Marketing | Finance| Lifestyle

The Marketplace is a weekly podcast posted every Sunday and hosted by Priest Willis, Sr. The podcast is created with you in mind and talks with a variety of industries such as education, business, sports, comedy, entrepreneurship and more!
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The Marketplace is a weekly podcast posted every Sunday and hosted by Priest Willis, Sr. The podcast is created with you in mind and talks with a variety of industry leaders in business, education, music, sports, comedy, entrepreneurship and more!

Feb 18, 2017

Matt Miller, founder of SchoolSpiritVending.com, started this  journey out of desperation to support his family and with just one gumball machine, he quickly scaled to more machines and realized it was a business that could stick. Matt transformed this passive income business into a franchise designed to help schools raise funds they needed as an alternative to sme of the traditional ways, installing spirit merchandise vending machines that replaced the need for kid-powered door-to-door fundraising. People began to reach out to Matt on how they could repeat this in their own area.

If you want to learn more about the vending businesses as a source of income...even as a side hustle, tune in to hear Matt’s story. He’ll share his tips on getting started as a franchise owner, partnering with schools, and how parents and kids can learn entrepreneurial skills as a family. 

Matt and I cover;

  • The story of Matt’s first gumball machine and how he scaled to more.
  • Spirit School Vending: The business model and and changing how schools fundraise.
  • How the vending machine business can be disruptive and change with tech.
  • Investments, costs, margins associated with vending machine
  • How Matt sources inventory and stock machines.
  • And much more!
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