Building Wealth: Former Miss Nevada's $2 Million Mini Mailbox Strategy ⎮Lisa Song E336

The Rich Somers Report

Rich Somers

Business, Entrepreneurship, Investing

5 • 910 Ratings

🗓️ 22 April 2025

⏱️ 60 minutes

🔗️ Recording | iTunes | RSS

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Summary

Can a humble mailbox unlock financial freedom? Former Miss Nevada turned entrepreneur Lisa Song Sutton says yes—and her $2 million mailbox business proves it. In this episode, Rich sits down with Lisa to uncover how she turned an overlooked niche—independent mailbox stores—into a seven-figure income stream with low overhead, high recurring revenue, and zero franchise fees. They discuss: How she launched two stores for under $60,000 without outside capital Why the mini mailbox model thrive...

Transcript

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0:00.0	You know, it's when those things were like, especially when you have like a chunk of money, right?
0:03.2	You're like, oh, am I going to buy more real estate?
0:05.9	Am I going to go buy something fun?
0:08.2	What are we doing here?
0:09.4	And I was pleasantly surprised at how low the grand, again, I was thinking of the UPS
0:21.7	franchise where I'm like, I'm going to save myself 150 grand, right?
0:25.4	And it literally was less than $60,000.
0:28.4	And looking back, there are definitely some line items I didn't have to do.
0:34.1	All right, guys, welcome to another episode of the report.
0:36.9	Today I am super excited because I got a good friend of mine back on the podcast for a second time.
0:42.3	She was a former Miss Nevada.
0:43.6	I got Miss Lisa's song.
0:45.4	Lisa, welcome to the show.
0:46.6	Thank you so much for having me again.
0:48.1	Good to see you.
0:48.7	I appreciate you coming on.
0:50.5	You were just out in Vegas this morning, and now you're out here.
0:53.7	What were you doing out here in
0:54.3	San Diego? You guys had a busy day, it sounds like. Yes. So just really stacked at full of meetings.
0:58.7	In the morning, we stopped by Firestorm headquarters. They are a 3D printing drone company that
1:03.7	my VC firm and the Veteran Fund has invested in. And they're headquartered right here in San Diego.
1:08.5	They're about 20 minutes north of where we are right now.
	...

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