Residual and Passive Income streams with Matt Miller [Podcast 108]
Release Date: 01/20/2016
The Amplified Network Marketing show is all about passive and residual income streams… not only through the vehicle of Network Marketing. The reason is simple: Network Marketers know a good residual income opportunity when they see one and are always looking for ways to diversify their income through multiple income streams. Today’s guest, Matt Miller, has created a hugely successful vending company that provides the kind of residual and passive income that hits the bullseye, and David wanted to expose you to his opportunity to see if it’s a good fit for you.
An influential book and a bold step into another world.
Matt was exposed to Robert Kiyosaki’s book, “Rich Dad, Poor Dad” years ago, and totally bought into his philosophy of building passive and residual income streams. But he’d failed to truly act on it for years. When a friend at his church approached him about a business opportunity involving vending machines, Matt’s thoughts about Robert’s book came back to him and he immediately saw the opportunity he’d been waiting for. He jumped in with both feet and has progressed way beyond simply having a few machines in businesses. He’s built his own franchise opportunity that families all over North America are using to build their own passive and residual income streams. Find out more on this episode.
If you’re business is going to thrive, you’ve got to be bold enough to knock on doors.
It doesn’t matter how ingenious of an opportunity you find to make passive income, if you’re unwilling to step outside your comfort zone and do what it takes to get customers, you’ll waste the opportunity. Matt Miller learned that when he got into the vending business and started knocking on the doors of decision makers at local schools to place his vending machines. Many doors were closed in his face, other administrators were kind but rejected the idea. But he kept asking, he kept knocking, and over time he found the customers that he knew would enable his business to grow and thrive. You can hear Matt’s story of perseverance and success on this episode of Amplified Network Marketing.
Partnering with schools for profit and charity.
Matt Miller decided to work with schools because he saw an opportunity to prosper his business and benefit the schools through fundraisers at the same time. These partnerships are enabling the schools to earn money for their programs and needs, the students and opportunity to build resources for their own education, and Matt’s company the resources they need not only to make a profit, but also to build the company and help more schools. It’s a win-win situation that generates passive income and ongoing revenue for the schools. Find out the details on this episode.
You can take advantage of this great opportunity too.
Matt Miller’s vending business is always looking for quality people who get the vision of his company to become franchisees. The cost of owning a franchise is very small compared to typical franchise opportunities, the passive income potential is real, and the opportunity for families to do the business together is part of the philosophy the company promotes. Matt takes assessment and training very seriously and guarantees success to anyone who is willing to follow his processes and procedures. If you’d like to learn more about this great residual income opportunity, listen to this episode.
OUTLINE OF THIS GREAT EPISODE
- [0:29] David’s introduction of the episode.
- [1:40] Matt’s passive income story.
- [8:15] The “light bulb” moment that came to Matt when a friend spoke to him.
- [11:47] The necessity of knocking on doors to find customers.
- [18:51] The size of Matt’s company now and his focus on fundraising for charities.
- [23:03] Working with schools to raise funds for their programs.
- [25:46] The process of becoming a franchisee for Matt’s business.
- [30:58] What kind of person succeeds in this franchise?
- [34:10] Get a free copy of Matt’s book: “Live Your Dreams.”
- [36:30] Matt’s plans going forward.
- [38:50] How Matt’s company is a “family first” company on every level.
RESOURCES MENTIONED ON THIS EPISODE
www.SSVbusiness.com/david - Get Matt’s free book “Live Your Dreams.”
BOOK: Rich Dad, Poor Dad