Cashflow Diary | Influenced By Robert Kiyosaki Of Rich Dad About Real Estate Investing, Cash Flow And Passive Income.

As a father of three, Cash Flow Diary podcast guest Matt Miller wanted to find a way to help local schools raise money for education while also earning revenue at the same time. What started out as a very simple idea with a single gumball machine grew to what Matt’s business is today. In fact, the concept was so simple that it was embraced across the country and continues to get tremendous results as a year-round fundraising mechanism.So, what is the concept? School Spirit Vending, which is something Matt could create in his spare time to also create passive income. His first gumball machine cost him $32 in an online auction. He loaded his kids up in the car and drove across town to pick it up. When he got to the seller’s house, he got to pick the man’s brain about the business of vending machines, what worked, what didn’t and why. In the end the man opened up to Matt, telling him he had 19 other machines in his garage he wanted to sell, so Matt negotiated a deal that would allow him to purchase all the machi