
The Laundromat Millionaire Show with Dave Menz (Dave "Laundromat Millionaire" Menz)
Explore every episode of The Laundromat Millionaire Show with Dave Menz
Pub. Date | Title | Duration | |
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12 Jan 2022 | The TikTok Famous Laundromat Owner with Pat McIntire | 01:06:36 | |
After moving cross country to pursue the laundromat industry, it has been a baptism by fire (literally) for new owners Pat and Kimberly McIntire! Follow the ups and downs of their journey as Dave "Laundromat Millionaire" Menz and his wife Carla interview Pat. Learn how they survived through opening during a pandemic, the renovations, the fire damage, and documenting it all to then go viral on TikTok! Also learn about their pursuit of PickUp & Delivery and its hard lessons showing it's not for everyone.Referenced Links: The Laundromat Millionaire Conference: www.laundromatmillionaire/conferenceH-M Company Drain Troughs: https://draintroughs.comLink to get Atmosphere TV: https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”Contact Mike directly: Mike.Kelly@Atmosphere.tvOur guest’s website: https://thelaundryspotcharleston.com/Our guest’s facebook: https://www.facebook.com/thelaundryspotcharleston/Our guest’s youtube: https://www.youtube.com/channel/UCN5ReTh33i8I_XMFTxCFmkAOur guest’s tiktok: https://www.tiktok.com/@thelaundryspotOur guest’s Instagram: https://www.instagram.com/thelaundryspotcharleston/?hl=enOur website: www.laundromatmillionaire.com Our Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.com Our pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiThe Laundromat Resource: www.laundromatresrouce.comThe Coin Laundry Association: www.coinlaundry.orgLaundryLux: https://laundrylux.com/Wascomat: https://www.wascomat.com/Timestamps:00:00:00 Laundromat Millionaire Show Intro - Quotes00:02:02 Pat's Backstory00:10:07 Why the Laundromat Industry?00:14:04 How did you research the Industry?00:16:51 Importance of Mentors00:22:08 Finding their Laundromat00:25:45 Purchasing during a Pandemic00:29:21 A Laundromat on Fire!00:32:24 Renovations00:34:10 Creating Growth00:36:43 Going Viral00:38:38 Support from LaundryLux & Wascomat00:40:48 Due Diligence & Demographic Reports00:44:28 Competitive Analysis00:46:01 Value of a Distributor00:50:03 PickUp & Delivery is NOT for everyone01:01:57 Pat's Contact InfoLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
24 Aug 2022 | The 4 Keys to Scalable Pick-Up & Delivery | 00:50:03 | |
After adding a Laundry Pick-Up & Delivery Service to their already successful chain of laundromats in 2016, Dave and Carla Menz were able to take their business to the next level! Listen as Dave & Carla share the secrets behind their success in Pick-Up & Delivery, the 4 areas to focus on, and the economics behind how to achieve an impressive profit margin.Referenced Links:•Pick-Up & Delivery Workshop: https://laundromatcourse.com/pick-up-delivery•H-M Company Drain Troughs: https://draintroughs.com•Link to get Atmosphere TV:https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”oContact Mike directly: Mike.Kelly@Atmosphere.tvOur website: www.laundromatmillionaire.comOur Online Course: https://dave-menz.mykajabi.com/sales-pageOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaireOur LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiOur Story Podcast: https://youtu.be/NpvRxaWmWaY & https://youtu.be/O-ctFcOIEcsTimestamps00:00 Laundromat Millionaire Intro01:00 The 4-Legged Stool of Pick-Up & Delivery03:57 Processing at High Volumes10:13 Routes versus On Demand13:33 Next Day Delivery16:47 The Technology You Need22:49 Customer Service Essentials26:14 Marketing Strategies & Finding the Right Company30:05 Workshop Opportunity38:38 The Economics – Balance of Expenses48:08 Closing ThoughtsLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
27 Apr 2022 | How Do I Create Wealth for Generations? with Rachel Marshall & Bruce Wehner | 01:20:08 | |
What is Traditional vs Typical Financial Planning? What is Infinite Banking and Is It For Me? Find the answers to these and many other questions in this in-depth interview by Dave "Laundromat Millionaire" Menz and his wife, Carla with the powerful minds behind The Money Advantage - Rachel Marshall & Bruce Wehner.Referenced Links:H-M Company Drain Troughs: https://draintroughs.comLink to get Atmosphere TV:https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”Contact Mike directly: Mike.Kelly@Atmosphere.tvGuest’s Website: https://themoneyadvantage.com/Guest’s Podcast: https://themoneyadvantage.com/subscribe-to-podcast/Guest’s Free Guide: https://privatizedbankingsecrets.com/freeguideOur website: www.laundromatmillionaire.comOur Online Course: https://dave-menz.mykajabi.com/sales-pageOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaireOur LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiNelson Nash Institute: https://infinitebanking.org/e3 Wealth: https://e3wealth.com/Ted Benna on The Money Advantage Podcast: https://themoneyadvantage.com/ted-benna-father-401k/Rabbi Daniel Lapin on The Money Advantage Podcast: https://themoneyadvantage.com/inheritance-and-family-giving-rabbi-lapin/Moody’s Corporate Bond Index: www.moodys.comDr. Wade Pfau on The Money Advantage Podcast: https://themoneyadvantage.com/dr-wade-pfau-maximizing-retirement-income-with-whole-life-insurance/The Night I Almost Died on The Money Advantage Podcast: https://themoneyadvantage.com/the-night-i-almost-died-and-why-my-family-wouldnt-need-a-gofundme/?fbclid=IwAR19CPT1RrDRck_nfa_WNIc6QDigSMY6a5ZafTJFk3M6zfug4gf8vyo5fJ0Andrew Howell, Estate Planning Attorney: https://www.yorkhowell.com/our-people/andrew-howell/Andrew Howell on The Money Advantage Podcast: https://themoneyadvantage.com/estate-plans-that-transcend-generations-with-andrew-howell/Recommended Reading:~ Becoming Your Own Banker by Nelson Nash~ 7 Generations by Rachel MarshallTimestamps00:00 Laundromat Millionaire Intro – Quotes05:04 How they started & their mission14:32 Why not 401k? Typical vs Traditional Financial Planning23:35 How a Fiduciary works27:16 Infinite Banking defined & the 5 Common Myths30:18 Myth #1: It’s a Poor Investment31:55 Myth #2: Whole Life Policies are too Expensive36:32 The Interest Rates & Why Irrelevant38:03 Whole vs Term Life Insurance40:19 Is Infinite Banking Only Good for Business Owners?47:11 Rachel’s Near Death Experience49:36 Creating a Legacy of Learning and Wealth – Rachels Upcoming Book01:03:59 Myths #3-501:09:45 Bonus Myth #6: It’s a Get Rich Quick Scheme01:12:14 Restrictions on Withdrawing from Your Policy01:15:39 Guest Contact Information & Free ResourcesLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
29 Sep 2021 | Wealth Building Strategies for Entrepreneurs with Curtis May | 01:05:37 | |
Interested in growing your wealth? Wondering how to prepare for retirement when you are self-employed? Follow along as Dave "The Laundromat Millionaire" Menz and his wife, Carla discuss how anyone, especially entrepreneurs, can increase their cashflow, their liquidity, and their wealth with Curtis May of The Practical Wealth Show. Curtis reveals the 3 Rules of Investing, how to apply the 5 Principles of Personal Finance, and teaches on the Velocity of Money Strategy. He shares tips on where to begin your journey into becoming more financially educated and business savvy, moving you further along the path to financial freedom!Referenced Links:Link to get Atmosphere TV:https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”Contact Mike directly: Mike.Kelly@Atmosphere.tv Our guest’s website: https://practicalwealthadvisors.comOur guest’s email: curtmay@gmail.comOur guest’s podcast: https://practicalwealth.libsyn.com/Our guest’s Youtube: https://www.youtube.com/channel/UCYtdLCckUCeuc7inedJcX-AIntro to Private Family Banking video: https://www.youtube.com/watch?v=ux8N3jffM9ILife Insurance as a Tool for Liquidity video: https://www.youtube.com/watch?v=B2KTfbJpvggBehavior Gap video: https://www.youtube.com/watch?v=OlRURNZcXf0For consulting services: www.laundromatmillionaire.comOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiDan Sullivan with Strategic Coach: https://www.strategiccoach.com/First Ipod Commercial: https://www.youtube.com/watch?v=mE_bDNaYAr8Kevin O’Leary clip: https://www.youtube.com/watch?v=PWspMJNgT6wStar Wars clip: https://www.youtube.com/watch?v=enKhkTmB0OQRecommended Reading:· Killing Sacred Cows by Garrett B. Gunderson· The Richest Man in Babylon by George S. Clason· Rich Dad, Poor Dad by Robert Kiyosaki· The Rich Dad’s Guide to Investing by Robert Kiyosaki· Doesn’t Hurt to Ask by Trey Gowdy· Becoming Your Own Banker by Nelson Nash· The Case for IBC by Nelson NashTimestamps:00:00:00 Laundromat Millionaire Show Intro - E20 Quotes00:02:26 Curtis' Backstory - Growing up in retail00:08:27 Advice to his 20 year old self00:09:58 A focus on personal development00:11:11 Business as a game00:12:43 Breakdown of the business00:15:01 Avoiding "dead money"00:15:54 Accumulation Theory vs The Velocity of Money Strategy00:20:25 Insurance for improved liquidity and less risk00:22:09 Three Rules of Investing00:26:24 Five Principles of Personal Finance00:27:35 #1 - Save00:29:23 #2 - Maximum Protection00:32:52 #3 - Asset Replacement00:34:55 #4 - Liquidity00:36:30 Good Debt vs Bad Debt00:42:25 #5 - Velocity of Money00:43:23 Does risk tolerance affect advice?00:44:35 Advice vs Education00:47:21 Objectives of the Financial Industry00:48:43 Financial Education vs Indoctrination00:50:45 Insurance for liquidity? 3 Types of Insurance00:55:17 Where to start in your financial education00:56:53 New Book Coming Soon00:58:22 Threads of Success00:59:30 The Behavior Gap01:00:49 Contact Info for Curtis May01:04:10 Closing RemarksLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
15 Dec 2021 | Financing in the Laundromat Industry | 01:04:50 | |
The Laundromat Industry is a capital-intensive business which demands some investment! Need money to make those laundromat dreams come true? Follow along as Dave "Laundromat Millionaire" Menz and his wife, Carla interview Chris "Money" Michalek as he reveals the secrets to obtaining financing as well as achieving success in the laundromat industry!Referenced Links:The Laundromat Millionaire Conference: www.laundromatmillionaire/conferenceLink to get Atmosphere TV:https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”Contact Mike directly: Mike.Kelly@Atmosphere.tvOur guest’s website: https://www.goprimecap.comOur guest’s phone number: 847-858-2718Our guest’s email: ChrisMoney@goprimecap.comFor consulting services: www.laundromatmillionaire.comOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiTimestamps:00:00:00 Intro Laundromat Millionaire Show Quotes00:04:38 Giving that Personal Attention00:05:18 Dave reflects on experience with Chris00:10:30 Why focus on Laundromat Lending?00:15:52 Other areas of the business00:18:29 Evaluations Projects for Customers00:21:37 A Partner with a Vested Interest00:28:08 Importance of having an Experienced Consultant00:29:20 Know why the seller is selling00:31:21 Helping to Navigate the Deal00:32:47 Dave & Chris on the Pursuit of Pick-Up & Delivery00:35:54 Advice for those New to Industry00:39:04 Traits for Success00:41:39 Importance of Networking and the LM Conference00:42:53 Financing for a Retool of Existing Laundromat00:47:20 Leases??00:51:13 Credit Application Process & Acceptance00:53:46 How the Location Factors In00:55:31 Borrowing to Accelerate Growth00:57:24 Financing a New Build00:59:16 When is buying the real estate ok?01:02:14 Contact InfoLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
17 Jun 2021 | Thriving in Dry Cleaning with Rich & Teresa Redmond - Episode 10 | 01:34:18 | |
Listen as Dave "The Laundromat Millionaire" Menz and his wife, Carla, interview Rich & Teresa Redmond, owners of Your Cleaners in Cincinnati. Learn how they have built a multi-location dry cleaning service that has not only survived, but thrived through a worldwide pandemic and continues to grow!References:For consulting services: www.laundromatmillionaire.comOur laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiYour Cleaners: http://www.yourcleanerscincy.com/Heat Seal Tagging video by WinCleaners: https://www.youtube.com/watch?v=lryjWtImDzk&t=18sTide Cleaners: www.tidecleaners.comShirt Press Machine video: https://www.youtube.com/watch?v=sd2Ik3rX8WAPants Press Machine video: https://www.youtube.com/watch?v=Dnom5Jp0REUCuff and Collar Press video: https://www.youtube.com/watch?v=qyh4wVgXmY0Seinfeld baby video: https://www.youtube.com/watch?v=6pQmeIqsvSgBook - Every Business is a Growth Business: https://ram-charan.com/books/every-business-is-a-growth-business/H-M Company: www.hmlaundryequipment.comLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
14 Dec 2022 | Simplifying Multi-Store Ownership w/Matt Hylton | 01:00:01 | |
He works a full-time job, owns 2 gyms, 4 laundromats, and still has time for his family! How does he do it?? Follow along as Matt Hylton shares with Dave & Carla, his secrets for managing multiple laundromats more efficiently. Also, as a hands-on owner who does repairs himself, he reveals the difference between various washing machine types to help you get the most out of your money. Referenced Links: •Dave’s Coaching & Workshops: www.laundromatmillionaire.com/coaching•H-M Company Drain Troughs: https://draintroughs.com•Link to get Atmosphere TV: https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”oContact Mike directly: Mike.Kelly@Atmosphere.tvGuest’s Website: https://megawashkc.com/Guest’s Facebook: www.facebook.com/megawash_kcOur Website: www.laundromatmillionaire.com Our Online Course: https://dave-menz.mykajabi.com/sales-pageOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaireOur LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.com Our pick-up and delivery laundry services: www.queencitylaundry.com/deliveryThe Laundry Boss website: https://bccpayments.com/laundryboss/Electrolux website: www.electroluxprofessional.comTimestamps00:00 Laundromat Millionaire Intro03:37 Matt’s Backstory06:02 Why Laundromats?10:29 Buying the 1st Store and Expanding to 315:54 His Laundromat Models19:43 Why Move Away from Unattended?21:55 Can You Actually Make Money with WDF?25:23 Matt’s Pick-Up & Delivery Journey & Obtaining Smoke Remediation Clients30:00 Unattended = No Labor??30:56 The Hub & Spoke Model to Expand Your Market32:46 The Essential Technology for Your Store & What to Look For in a Payment System36:46 Buy New or Used Equipment When Retooling a Store39:56 The Difference in Soft Mount Equipment & Are They All the Same?46:02 What Sets You Apart – Your Competitive Advantage50:13 Another Venture & Fitness Goals52:20 How COVID Shifted Matt’s Perspective on Laundromats57:34 Advice – What Would You Have Done Differently?59:13 Matt’s Contact InfoLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
19 Jan 2022 | Investing in the Real Estate with Jesse Denton | 00:50:59 | |
Learn from a true "Value Investor" how to increase your portfolio of assets while avoiding some of those taxable gains! Follow along as Dave "Laundromat Millionaire" Menz and his wife, Carla, discuss investment strategies with Real Estate Investor, Agent, and fellow Laundromat Owner Jesse Denton. Discover how to use a 1031 Exchange to your advantage and how to truly determine the value of a potential investment. Also, learn about his laundromat journey and his advice towards creating an amazing customer experience while striving to Elevate Our Industry!Referenced Links: The Laundromat Millionaire Conference: www.laundromatmillionaire/conferenceH-M Company Drain Troughs: https://draintroughs.comLink to get Atmosphere TV: https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”Contact Mike directly: Mike.Kelly@Atmosphere.tvOur guest’s Website: www.wishywashylaundry.comOur guest’s Email: jesse@jadereinvestments.com Our guest’s Facebook: https://www.facebook.com/Wishy-Washy-Laundromat-102362395454063/Our website: www.laundromatmillionaire.com Our Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.com Our pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiLaundromat Resource: https://laundromatresource.com/Coin Laundry Association: www.coinlaundry.orgMike Maloney: https://goldsilver.com/about-mike-maloney/Ken McElroy: https://kenmcelroy.com/Gary Gorman: https://www.corecompass.com/bios/gorman-garyPeter Schiff: https://schiffradio.com/Robert Kiyosaki: www.richdad.comHuebsch Equipment: https://huebsch.com/Rhino Laundry Equipment: https://rhinocommerciallaundryequip.comThe Bernie Madoff Ponzi Scheme by J.D. AlexanderTimestamps:00:00 Laundromat Millionaire Show Intro - Quotes02:02 Jesse's Backstory - Bankruptcy and living in a truck06:30 Learning the Rules of the Money Game10:23 Benefits of a 1031 Exchange13:07 Power of Educating Yourself14:03 Why from California to Idaho?15:52 Learning a New Market17:51 The Flaws in Valuating Assets - US Currency22:00 Educational Resources22:38 What Led him to Laundry Industry24:32 Due Diligence & Mentors27:07 Acquisition - The Power of Persistence28:57 The Renovation31:45 Bringing the Value35:15 Equipment Mix38:53 Store Layout40:42 Reversing Dryers41:35 Pulling from Neighboring Towns43:54 Expanding His Laundromat Empire44:47 Paying It Forward48:05 Networking & Conferences49:34 Contact InfoLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
07 Sep 2021 | Maximizing Your Time and Energy with Adam Szabo | 00:55:26 | |
As an Entrepreneur, the struggle is REAL! There never seem to be enough hours in the day to accomplish all we need! Listen as Dave "The Laundromat Millionaire" Menz and his wife, Carla interview Adam Szabo, founder of Excelerate Athletic Development, as he reveals his secrets for time management, constant productivity, and maximizing sustained energy! This is a must for every overwhelmed business owner as well as anyone struggling to effectively manage their time!Referenced Links:Link to get Atmosphere TV:https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”Contact Mike directly: Mike.Kelly@Atmosphere.tvOur guest’s website: https://exceleratead.com/Our guest’s email: excelerateAD@gmail.comOur guest’s Youtube channel: https://www.youtube.com/channel/UC9VaE-nuEujA6ZWn5Fk6HFAFor consulting services: www.laundromatmillionaire.comOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiVince Suriano webpage: https://www.vincesuriano.com/Midland Baseball webpage: https://www.midlandbaseball.net/Matthew Walker webpage: https://www.sleepdiplomat.com/The Joe Rogan Experience: https://www.joerogan.com/Just Fly podcast: https://www.just-fly-sports.com/category/podcast/The Huberman Lab: https://hubermanlab.com/Leave It To Beaver clip: https://www.youtube.com/watch?v=32BgWYO2EWcCat Watching Tennis clip: https://www.youtube.com/watch?v=86bQniV56b4Timestamps:00:00 Intro - The Laundromat Millionaire Show03:44 Adam's Backstory05:54 Navigating divorcing parents08:37 Why a math teacher?11:23 Amazing Mentors - World Class Coaches14:37 From Coach to Entrepreneur17:45 How to Multiply Yourself19:00 From Side Project into a Business19:41 Importance of the Service Business20:40 Training Staff & Finding Your Niche21:21 Importance of Networking22:36 The Answer to All Business Questions = People23:31 How to Get New Clients24:10 The Struggles - Loosening Control26:54 Young & Arrogant = Many Lessons31:11 Time Management - the Importance of Front Loading35:59 High Tech Organization System??39:31 Time to Sell?40:54 Adding to the Family45:06 How to Keep Up the Energy47:27 Summer = Break Time?48:50 Downtime to Reenergize50:44 Adam's Best Advice to ShareLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
20 Oct 2022 | Laundromat Floods: Proactive vs Reactive | 00:40:39 | |
The call every laundromat owner dreads; BUT it's completely AVOIDABLE! Follow along as Dave & Carla discuss drainage systems, what's ideal and what to do if yours isn't. With over a decade in the industry and experience with various types of systems, this is some advice laundromat owners won't want to miss!Referenced Links: •Dave’s Coaching: www.laundromatmillionaire.com/coaching•H-M Company Drain Troughs: https://draintroughs.com•Link to get Atmosphere TV: https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”oContact Mike directly: Mike.Kelly@Atmosphere.tvOur Website: www.laundromatmillionaire.com Our Online Course: https://dave-menz.mykajabi.com/sales-pageOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaireOur LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.com Our pick-up and delivery laundry services: www.queencitylaundry.com/deliveryOur Story: https://youtu.be/NpvRxaWmWaY and https://youtu.be/O-ctFcOIEcsEpoxy Pipe video clip: https://www.youtube.com/watch?v=E6O8vFVkdysNew Store Renovation Video: https://youtu.be/uiO6u2ys7J4Aquawing/SanOWash: http://www.aquawingozone.com/products/sano3wash.htmlTimestamps00:00 Laundromat Millionaire Intro02:30 Our Background with Drains/H-M Company05:12 The 2 Parts of the Drainage System07:40 The Floor Drain: how big should it be?09:27 First Step in a New Store – Cameras!10:32 A Great Option to Replacement – Epoxy!12:39 Keeping Up with Drain Maintenance14:10 Options for the Bulkhead – Open or Closed?17:35 How a Drain Trough Works19:02 How a Closed System Works20:11 What Causes Laundromats to Flood?21:34 Whole Store Lint Interceptors23:46 Do Drain Troughs Create a Bad Smell? How to Prevent/Eliminate it!25:56 The Perfect Drain System30:00 The Importance of the Pitch36:06 What If Dropping Trough Into Floor Not an Option?39:03 Closing RemarksLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
03 Nov 2022 | Self-Serve: What Price Is Right?? | 00:44:52 | |
Dave is famous for saying, "You need to raise your prices!", but do you? If so, by how much and how do you do it without chasing off too many customers?? Learn this & more as Dave & Carla Menz discuss the answers to these questions and help you determine the value proposition and pricing strategy that best fits your self-serve laundromat.Referenced Links: •Dave’s Coaching: www.laundromatmillionaire.com/coaching•H-M Company Drain Troughs: https://draintroughs.com•Link to get Atmosphere TV: https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”oContact Mike directly: Mike.Kelly@Atmosphere.tvOur Website: www.laundromatmillionaire.com Our Online Course: https://dave-menz.mykajabi.com/sales-pageOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaireOur LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.com Our pick-up and delivery laundry services: www.queencitylaundry.com/deliveryOur Story: https://youtu.be/NpvRxaWmWaY and https://youtu.be/O-ctFcOIEcsOur Coaching, Courses & Workshops: https://laundromatmillionaire/home/coachingSeinfeld video clip: https://www.youtube.com/watch?v=E3xwFanvTjAOur Free Resources: https://laundromatmillionaire/resourcesAquawing/SanOWash: http://www.aquawingozone.com/products/sano3wash.html“Fancy Like” by Walker Hayes clip: https://www.youtube.com/watch?v=G_zuB-ogIBwCLA’s Wash Dry Fold Workshop: www.coinlaundry.org/wdf2022/Timestamps00:00 Laundromat Millionaire Intro01:50 Self-Serve Pricing – Why You Need to Raise Your Prices05:10 Your Value Proposition vs Competitors in Your Submarket08:04 Your Value Proposition vs the Industry09:48 What If Competitor Is Under-Priced?12:57 How to Determine Your Value Proposition16:14 The 2 Parts of Your Business18:30 What Is Your Business Model and Who Is Your Avatar?19:09 The 3 Basic Business Models28:46 Is Your Ideal Avatar In Your Submarket?30:48 Less Customers Might Be A Good Thing!32:15 Who We Serve Through Our Self-Serve Laundromat34:31 How We Price Our Washers and Dryers38:03 Vending Pricing38:35 How to Raise Prices Without Scaring Off CustomersLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
31 Aug 2022 | The 5 Steps to Laundromat Success with Steve Burk | 01:01:55 | |
How do you get in the Laundromat Industry the RIGHT Way?? Steve Burk might be a new laundromat owner, but he is well on his way to tremendous success! Listen as he shares his story with Dave & Carla Menz on the steps he has taken, what he's learned to do differently with the next one, and what he sees as his best decisions along the way. Referenced Links: •Dave’s Coaching: www.laundromatmillionaire.com/coaching•H-M Company Drain Troughs: https://draintroughs.com•Link to get Atmosphere TV: https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”oContact Mike directly: Mike.Kelly@Atmosphere.tvGuest’s Website: https://the-laundrybin.comGuest’s Facebook: https://m.facebook.com/TheLaundryBinPA/Guest’s Email: thelaundrybin@outlook.comOur website: www.laundromatmillionaire.com Our Online Course: https://dave-menz.mykajabi.com/sales-pageOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaireOur LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.com Our pick-up and delivery laundry services: www.queencitylaundry.com/deliveryBigger Pockets Real Estate: www.biggerpockets.comBigger Pockets Business: https://www.biggerpockets.com/biggerpockets-business-podcastBigger Pockets Episode w/Dave Menz: https://www.biggerpockets.com/blog/biggerpockets-business-podcast-56-dave-menzLaundromat Resource: https://laundromatresource.com/Planet Laundry Podcast: https://planetlaundry.com/articles/podcasts/Coin Laundry Association: www.coinlaundry.orgPittsburgh Laundry Systems: www.pittsburghlaundry.comCents Software: www.trycents.comSanOWash Ozone System: https://www.aquawingozone.com/products/sano3wash.htmlTimestamps00:00 Laundromat Millionaire Intro04:52 Steve’s Backstory08:41 Why Laundromats?09:57 How to Research the Industry12:00 His Vision for a Laundromat18:24 Finding the Right Laundromat21:31 Assessing & Redoing the Layout25:10 Benefits of a Rockstar Distributor AND an Experienced Coach29:32 The Finished Product 32:40 A Focus on Customer Service35:13 Maximizing Through-Put38:41 The Drop-Off Area43:35 Why Starting With No Employees45:19 Adding Pick-Up & Delivery45:51 Pricing Strategies48:23 Using Dollar Coins51:19 SanOWash Ozone System52:52 What’s Next for Steve54:05 Biggest Mistakes57:46 Best Decisions1:00:40 Steve's Contact InfoLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
21 Jul 2021 | The "Go-To" for Laundromat Owners with Jordan Berry - Episode 13 | 01:17:38 | |
Interested in avoiding some of the biggest mistakes you can make in purchasing a laundromat? Listen as Dave "The Laundromat Millionaire" Menz and his wife, Carla interview Jordan Berry from the Laundromat Resource. Learn from his mistakes and find out why he started a platform to prevent others from making them too!Referenced links:For consulting services: www.laundromatmillionaire.comOur laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiLaundromat Resource: https://laundromatresource.com/Laundromat Resource Blog: https://laundromatresource.com/blog/Laundromat Resource Youtube: https://www.youtube.com/c/LaundromatResource/featuredLaundromat Resource Podcast: https://laundromatresource.com/podcast/Laundromat Resource Forum: https://laundromatresource.com/forum/Laundromat Resource Marketing: https://laundromatresource.com/getonline/Coin Laundry Association: www.coinlaundry.orgHappy Gilmore movie clip: https://www.youtube.com/watch?v=8QJiAK-s5a0Square Peg – Levis – video: https://www.youtube.com/watch?v=YMTGP9fM04ATimestamps:00:00:00 The Laundromat Millionaire Show - Intro Quotes00:05:01 Jordan's Backstory00:09:29 Beach life or buy a laundromat?00:12:07 Making Big Mistakes - the 1st laundromat00:17:54 Taking the plunge again - the 2nd laundromat00:23:32 Learning from mistakes00:28:12 Laundromat Security00:31:37 Stronger through Adversity00:33:20 Surviving a Pandemic00:36:20 Starting "The Laundromat Resource"00:37:12 The "Laundro-Mill"00:39:17 Blog - Youtube - Podcast00:41:25 Why start this resource?00:42:25 Laundromat Resource offerings00:45:53 Best Tips01:02:19 What's next for The Laundromat Resource?01:08:59 The Forum01:12:00 Best Advice Ever Received01:15:48 Monthly Q&A01:16:30 Closing RemarksLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
07 Sep 2022 | Negotiating a Favorable Lease with Dave & Carla Menz | 00:51:42 | |
Critical to your laundromat's success, but so often overlooked - lease negotiation strategies! Listen as Dave & Carla Menz discuss the critical elements to include in your lease, the often forgotten "extras", and the strategies behind creating a win-win for both your business and your landlord's!Referenced Links:•Dave’s Coaching: www.laundromatmillionaire.com/coaching•Free Resources: www.laundromatmillionaire.com/resources•H-M Company Drain Troughs: https://draintroughs.comOur website: www.laundromatmillionaire.comOur Online Course: https://dave-menz.mykajabi.com/sales-pageOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaireOur LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.queencitylaundry.com/deliveryBureau of Labor Statistics: https://www.entrepreneur.com/starting-a-business/the-true-failure-rate-of-small-businesses/361350Planet Laundry HVAC article: https://planetlaundry.com/the-abcs-of-hvac/Timestamps00:00 Laundromat Millionaire Intro01:16 Why Lease is Critical for Laundromats02:44 How much should you pay?06:15 Items to Consider in Your Lease06:27 Frontload Favorable Terms10:01 How long is “long-term”13:21 What is “Right of First Refusal”?17:14 Watch Out for those Escalators!20:41 Limit the CAM24:23 What if someday you want to sell?26:03 The Often-Missed Opportunities26:15 Tenant Improvement Allowance31:46 Dibs on Adjacent Spaces35:08 Preferred Parking37:12 Examine the HVAC41:00 Free Rent??41:57 Negotiation Strategies45:50 The Art of Compromise50:39 ClosingLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
28 Dec 2021 | Dave's 3 Keys to Becoming a Laundromat Millionaire | 00:47:46 | |
Interested in becoming a Laundromat Millionaire? Or maybe just looking for success in any industry? Follow along as Dave "Laundromat Millionaire" Menz reveals his top 3 secrets to becoming a Laundromat Millionaire! Learn the steps he took and continues to take that turned him from a blue-collar working-class guy with meager savings into the Laundromat Millionaire he is today!Referenced Links: H-M Company Drain Troughs: www.draintroughs.comThe Laundromat Millionaire Conference: www.laundromatmillionaire/conference Link to get Atmosphere TV: https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”Contact Mike directly: Mike.Kelly@Atmosphere.tv For consulting services: www.laundromatmillionaire.com Our Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.com Our pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiThe Laundromat Resource: www.laundromatresrouce.comThe Coin Laundry Association: www.coinlaundry.orgTimestamps:00:00 Laundromat Millionaire Intro - Quotes02:06 Book Release02:53 Sponsor03:48 Introduction of the 3 Keys06:09 Laundromat Millionaire Conference07:22 Brief Background08:49 1st Key - Mentors10:35 Types of mentors to look for12;45 Finding a great distributor21:10 2nd Key - Education29:36 3rd Key - Networking32:15 The Difference a Conference can make41:11 Online Networking44:29 SummaryLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
18 Aug 2021 | Advice on Buying and Retooling a Laundromat with Daniel Sofranko | 00:55:37 | |
From convincing an owner to sell to completely refitting an existing laundromat, listen as Dave "The Laundromat Millionaire" Menz and his wife, Carla, interview Daniel Sofranko, owner of Perfect Wash Express Laundry Center in Huntington Beach, California, made his laundromat vision a reality!Link to get Atmosphere TV:https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”Contact Mike directly: Mike.Kelly@Atmosphere.tvReferenced Links:Our guest’s website: www.perfectwashhb.comOur guest’s email: info@perfectwashhb.comLinks to Daniel’s articles in Planet Laundry: https://planetlaundry.com/author/Daniel/For consulting services: www.laundromatmillionaire.comOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiCoin Laundry Association: www.coinlaundry.orgContinental Girbau West distributor: https://cg-west.com/Planet Laundry magazine: https://planetlaundry.com/Seinfeld “No Soup For You”: https://www.youtube.com/watch?v=ryNxl-lpOMETimestamps:00:00 Intro Laundromat Millionaire Show - Guest Quotes01:58 Daniel's Backstory - Generations of Entrepreneurs06:01 The Jobs That Prepared Him for Laundromats08:00 The Most Motivating Word is "NO"10:35 Finding a Job During the Great Recession12:20 Real Estate, Laundromats, or Squirrels??13:28 Researching the Laundromat Industry17:20 Why is the Laundromat Industry So Great?18:24 Importance of a Great Distributor22:43 Buying His 1st Laundromat26:09 Convincing an Owner to Sell - The Business Plan28:45 Creating Relationship Capital30:59 Converting a Dump into a Palace33:26 Optimizing a Small Space36:56 Daniel's Business Model37:56 What to Focus on in Your Laundromat39:34 Growing & Getting Profitable42:31 Launching Drop Off and Pick Up & Delivery Services44:22 How to Find Commercial Customers45:16 Finding Your Niche45:41 Developing a Team47:27 How to Attract Great Clientele50:15 A Passive Business??52:15 Contacting Daniel SofrankoLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
12 Jul 2021 | REVEALED: The Truth Behind Ozone Sanitization Systems with Ralph Daniels & Dave Spofford | 01:04:13 | |
Listen as Dave "The Laundromat Millionaire" Menz and his wife, Carla interview Ralph Daniels and Dave Spofford of Aquawing/SanOWash revealing the truth behind Ozone Sanitization Systems. Learn the truth behind the rumors, how the system really works, and how to use it to differentiate, elevate, and raise profits in your laundry business!Referenced Links:For consulting services: www.laundromatmillionaire.comOur laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiDaniels Equipment Company LLC: www.decequip.comAquawing Ozone Systems: www.aquawingozone.comSanO3Wash Systems: http://www.aquawingozone.com/products/sano3wash.htmlCoin Laundry Association: www.coinlaundry.orgAmerican Correctional Association: www.aca.orgBrady Bunch laundry clip: https://www.youtube.com/watch?v=mE9-Ee83OFITimestamps:00:00:00 Intro - The Laundromat Millionaire Show00:03:07 How Aquawing/SanOWash was created00:05:46 What is "Ozone"?00:06:30 How Ozone Sanitizes and Disinfects00:07:53 How Ozone Cares for Fabrics00:11:24 How Ozone Sanitizes the Machine00:12:08 Creating Improvements in Employee Health00:13:02 Addressing the Ozone Rumors00:13:16 Damage to Machinery and Copper Pipes??00:14:31 Why SanOWash Connects at Each Machine00:19:13 Installation Process00:21:31 Required Maintenance00:23:21 What Causes Color Redeposition?00:24:29 Is Ozone a Soap Replacement?00:26:36 Oil Removal00:30:00 The Construction of SanOWash00:36:18 Why Beeping Noise?00:39:38 Sales, Marketing, & Differentiation00:42:41 Testimonial - Our Experience with SanOWash00:51:25 Elevating the Industry00:55:55 Eliminating Odors00:57:58 Distributor Loyalty00:58:53 Rivals vs Adversaries01:02:54 Contact Information - Ralph Daniels - SanOWashLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
27 Jul 2022 | The 6 Essentials Before You Buy a Laundromat with Dave & Carla Menz | 00:39:10 | |
Don't make the same expensive mistakes many others do when buying a laundromat! Listen as Dave & Carla Menz reveal the (often-overlooked) essentials to have under your belt before you buy. Also, stay tuned for a mid-episode reveal of a new program custom designed for you!Referenced Links:For more information on the New Owners Program: www.laundromatcourse.com/new-owners-programH-M Company Drain Troughs: https://draintroughs.comLink to get Atmosphere TV:https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”Contact Mike directly: Mike.Kelly@Atmosphere.tvOur website: www.laundromatmillionaire.comOur Online Course: https://dave-menz.mykajabi.com/sales-pageOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaireOur LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiLaundromat Millionaire Conference Videos: https://dave-menz.mykajabi.com/sales-page-7fc0b0fb-ee5f-485c-b81f-da72a6210abcH-M Company: www.hmlaundryequipment.comThe Clean Show: https://the-clean-show.us.messefrankfurt.com/us/en.htmlEpisode with Charles Measley: https://youtu.be/KS0hQCZ1dGwLaundromat Resource: www.laundromatresource.com“Our Journey” Podcast Episode: https://youtu.be/NpvRxaWmWaYTimestamps00:00 Laundromat Millionaire Intro01:06 Essential #104:27 Essential #212:30 Essential #316:12 The Big Announcement25:16 Essential #429:52 Essential #534:27 Essential #6Learn more about your ad choices. Visit megaphone.fm/adchoices | |||
10 Nov 2021 | Options for Affordable Laundry Equipment with Triad Laundry | 00:59:10 | |
Whether on a budget or due to shortages in the supply chain, it's time to take a look at options other than buying new in the laundry industry! Listen as Dave "Laundromat Millionaire" Menz and his wife, Carla interview the owners and manager of Triad Laundry, Scott and Kevin Butorac and Carri Wells. Learn the differences between "used" and "refurbished by Triad with their warranty". You may no longer need to say, "I can't afford to replace my equipment!" You just need to be looking in the right place, take a look at Triad Laundry Equipment!Referenced Links: Link to get Atmosphere TV: https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”Contact Mike directly: Mike.Kelly@Atmosphere.tv Our guest’s website: www.triadlaundry.comOur guest’s Facebook: www.facebook.com/triadlaundryequipment/Our guest’s Instagram: @triadlaundryOur guest’s LinkedIn: www.linkedin.com/company/triad-laundryFor consulting services: www.laundromatmillionaire.com Our Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.com Our pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiCraigslist: www.craigslist.orgFacebook Marketplace: www.facebook.com/marketplaceEbay: www.ebay.comAlliance Laundry Systems: https://alliancelaundry.comDexter Laundry Systems: www.dexter.comWascomat Laundry Systems: www.wascomat.comElectrolux Laundry Systems: www.electrolux.comTimestamps:00:00 Laundromat Millionaire Show Intro - Quotes03:34 A Backstory of Laundromat Dreams?06:14 Dad's Intro into the Laundry Business08:30 Adding Carri to the Team11:06 Impact of Covid12:49 The Marketing Side - Buying & Selling14:51 Utilizing Free Resources15:27 How to Balance Supply & Demand17:36 Storage Space18:54 OPL vs Coin Laundry Business19:34 What machines are in demand22:13 Hardmount vs Softmount23:50 What's "refurbished" on it?25:04 Warranties27:08 Only OEM parts?29:10 Sell any parts?30:32 Ever advise to buy new?32:18 Offer Consulting/Assessment Services?33:42 Advice to Make Machines Last Longer36:28 Used vs Refurbished39:21 Competitive Advantage41:02 Importance of Transparency42:26 Detailed Reports43:36 The Buy-Fix-Sell Process44:11 How to Search the Inventory45:36 Funny Stories from the Biz49:53 Advice for New Laundromat Operators55:46 Contact InfoLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
21 Sep 2022 | Should You Buy or Lease? with Raphael Collazo | 00:47:07 | |
Is it better to buy the building or just lease the space for your business? Raphael Collazo, a published author, speaker, performance coach and commercial real estate agent shares his advice on how to make the best choice for your business. Listen as Dave & Carla Menz also question him on what to look out for before you sign that lease or buy that building. This episode is a must for anyone faced with this age-old business decision!Referenced Links:• Dave’s Coaching: www.laundromatmillionaire.com/coaching• H-M Company Drain Troughs: https://draintroughs.com• Link to get Atmosphere TV:https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”o Contact Mike directly: Mike.Kelly@Atmosphere.tvOur Guest’s Website: www.raphaelcollazo.comOur Guest’s Youtube: https://www.youtube.com/c/RaphaelCollazoOur Guest’s LinkedIn: https://www.linkedin.com/in/raphaelcollazo/Our Guest’s Podcast: The Commercial Real Estate AcademyOur Website: www.laundromatmillionaire.comOur Online Course: https://dave-menz.mykajabi.com/sales-pageOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaireOur LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.queencitylaundry.com/deliveryCRE Podcast episode with Dave: https://www.youtube.com/watch?v=nb7JYGmbN7UThe Compound Effect by Darren HardyTimestamps00:00 Laundromat Millionaire Intro02:44 “Slow and Steady” or “Accelerated Growth”?04:13 Raphael’s Backstory08:17 Raphael’s Books – Before You Sign That Lease12:53 What’s Reasonable for a Tenant Improvement Allowance?14:59 Leverage Created in Leasing a Retool16:45 Items to Include in the Lease19:17 Guidelines for CAM Charges20:50 How Decide Buy or Lease?23:27 Having an Expert on Your Side24:46 Raphael’s Books – Before You Buy That Building29:56 Getting an Agent for FREE!33:30 Building Your Brand, Improved Marketing37:44 Where to Start with Branding41:19 GeoCentric Marketing Focus43:03 Raphael’s Contact Info44:30 The Formula for Success at AnythingLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
30 Mar 2022 | Building a Team with Steve Andrews | 01:10:25 | |
Do you own a business OR Does the business OWN YOU?? If you wish you had the time to focus on the Planning, Growth, and Vision of Your Business rather than the day-to-day details, the answer is clear! You need to BUILD A TEAM! Follow along as Dave "Laundromat Millionaire" Menz and his wife Carla talk with Steve Andrews (Laundromat Owner in Nashville) about his team building strategies. Learn about his Journey in our Industry, how he built a team with a focus on customer experience, how he uses his time now as the visionary behind his business, as well as his advice on pursuing Pick-Up & Delivery. Referenced Links: The Laundromat Millionaire Conference: www.laundromatmillionaire/conferenceH-M Company Drain Troughs: https://draintroughs.comLink to get Atmosphere TV: https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”Contact Mike directly: Mike.Kelly@Atmosphere.tvGuest’s Website: www.washhouseclean.comGuest’s Email: steve@washhouseclean.comOur website: www.laundromatmillionaire.com Our Online Course: https://dave-menz.mykajabi.com/sales-pageOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaireOur LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.com Our pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiLaundromat Millionaire Show with JD Dixon: https://youtu.be/41fVgJDroLMNational Laundry Equipment: www.nationallaundryequipment.comLaundromat Resource/Jordan Berry: https://laundromatresource.com/Youtube with Ken Barrett: https://www.youtube.com/channel/UCiay8tgcUeAx3-yFDJRZYjAGuidant Financial: www.guidantfinancial.comFascard Payment System: https://www.laundrycard.com/products/fascardHuebsch Command Payment System: https://go.huebsch.com/l/607681/2019-04-10/bsjwCents Software System: www.trycents.comDavid Cobb: https://www.tacticallinkedinsecrets.com/The Clean Show 2022: https://www.coinlaundry.org/events/the-clean-show/Timestamps:00:00 Laundromat Millionaire Show Intro - Quotes03:07 Steve's Backstory07:24 Researching the "Laundry Thing"09:22 Opportunities Seen in the Laundromat Industry11:37 Advice from a Great Distributor15:53 How did that Distributor Build His Team?19:26 Difficulty Building 1st Store24:25 "ROBS" Explained (Roll-Over for Business StartUps)27:33 Challenge of Converting Buildings to Laundromats30:11 His Evolution of Store Management37:50 Finding Your "Right-Hand Person"40:10 Current Management Structure41:28 Division of Responsibilities43:02 Payments Systems: FAScard vs Huebsch Command46:56 Pick-Up & Delivery51:45 The Role of a Leader55:03 Elevating Our Industry's Reputation59:35 Continual Improvements & Importance of Parking01:04:36 Steve's Contact InfoLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
06 Apr 2022 | Time to Change Your Prices?? with Waleed Cope | 01:09:34 | |
Are your prices allowing you to create a healthy business capable of supporting your employees and your community? Listen as Dave "Laundromat Millionaire" Menz and his wife, Carla discuss what goes into setting prices in our businesses with Waleed Cope, owner of The Soap Box in Brooklyn, New York. Also, learn about Waleed's laundromat journey from self-service to a profitable drop-off/delivery service that owns no washers or dryers and has no drivers! This episode truly shows the flexibility within the laundromat industry to make your business your own and customize it to the market you serve!Referenced Links: The Laundromat Millionaire Conference: www.laundromatmillionaire/conferenceH-M Company Drain Troughs: https://draintroughs.comLink to get Atmosphere TV: https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”Contact Mike directly: Mike.Kelly@Atmosphere.tv Guest’s Websites: www.soapbox.nyc and www.waleedcope.com and www.commerceandchill.com LinkedIn: https://www.linkedin.com/in/waleedcopeGuest’s Podcast: https://www.youtube.com/c/commercechillOur website: www.laundromatmillionaire.com Our Online Course: https://dave-menz.mykajabi.com/sales-pageOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaireOur LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.com Our pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiDoor Dash: www.doordash.comCents Software: www.trycents.comTimestamps:00:00 Laundromat Millionaire Show Intro - Quotes02:01 Reflecting on the LM Conference03:33 Waleed's Backstory09:58 Obtaining his 1st Laundromat14:07 Transition to Elimination of Self-Service20:27 Starting Pick-Up & Delivery25:58 Finding the Golden Nuggets when Networking31:44 The Discussion of Pricing57:05 Waleed's Current Business Model01:07:00 Waleed's Contact InfoLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
01 Dec 2022 | Top 10 Reasons Laundry Delivery Businesses Fail to Thrive with Dave & Carla Menz | 01:15:41 | |
It's one of the hottest topics in the Laundry Industry - Laundry Pick-Up & Delivery! But why do so many struggle to make a profit doing it? Follow along as Dave & Carla Menz outline what they believe are the Top 10 Reasons other laundromat owners have struggled to find success in this market. This is one countdown you won't want to miss!Referenced Links: · Dave’s Coaching & Workshops: www.laundromatmillionaire.com/coaching· H-M Company Drain Troughs: https://draintroughs.com · Link to get Atmosphere TV: https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”o Contact Mike directly: Mike.Kelly@Atmosphere.tv Our Website: www.laundromatmillionaire.com Our Online Course: https://dave-menz.mykajabi.com/sales-pageOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaireOur LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.com Our pick-up and delivery laundry services: www.queencitylaundry.com/deliveryCents delivery software: www.trycents.comTimestamps00:00 Laundromat Millionaire Intro00:01:09 #10 Mistake – The Numbers00:09:27 #9 Mistake – On Demand00:14:22 #8 Mistake – Short Runway/Scalability00:22:56 #7 Mistake – The Supply Chain00:26:42 #6 Mistake – Technology00:29:16 #5 Mistake – Vehicles & Drivers00:32:19 #4 Mistake – Customer Service00:34:18 #3 Mistake – Processes & Procedures00:36:57 #2 Mistake – Pricing00:41:22 #1 Mistake – Revenue Sharing00:48:28 The Only Exception01:04:21 The Big Picture01:09:09 Bonus Mistake01:12:26 Final ThoughtsLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
09 Feb 2022 | Taking Community Service to the Next Level with Jason Sowell | 00:53:50 | |
Do you want to truly meet the needs of those less fortunate in your community? Learn how through the help of Jason Sowell, CEO of Current Initiatives. Follow along as Dave "Laundromat Millionaire" Menz and his wife, Carla discuss strategies for giving a hand up, not just a handout in our laundromats and other businesses.Referenced Links:The Laundromat Millionaire Conference: www.laundromatmillionaire/conferenceH-M Company Drain Troughs: https://draintroughs.comLink to get Atmosphere TV:https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”Contact Mike directly: Mike.Kelly@Atmosphere.tvGuest’s Website: www.laundrybycurrent.orgGuest’s Social Media: @JasonSowellOur website: www.laundromatmillionaire.comOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiLaundry Cares Organization: www.laundrycares.orgCoin Laundry Association: www.coinlaundry.orgUnited Healthcare: www.uhc.comRed Cross: www.redcrossblood.orgHoxworth Blood: www.hoxworth.orgWhen Helping Hurts by Steve Corbett & Brian FikkertLaundromat Millionaire Show with Brian Wallace: https://youtu.be/qRUx8IvNTsoDave’s 9000 sq ft laundromat: https://youtu.be/f-Z6J2FPBkoTimestamps:00:00 Laundromat Millionaire Intro - Quotes01:38 Jason's Backstory - from Pastor to Non-profit CEO06:45 The First Laundry Project Event11:15 What Goes Into It?15:05 Lessons Learned to Improve the Process19:18 Comparisons to Previous Mission Work21:45 the Affordable Christmas Project25:34 Adding Complimentary Services27:10 Self-Policing Atmosphere30:47 Transferable Business Lessons32:45 Dealing Hope & Soap35:48 Who to Contact for Extra Services41:16 How the Ownership is Visible in the Business44:00 Beautification with Murals47:14 How to get Laundry Project to Your Store48:15 Preferred Vendors Links48:54 Donations50:30 Build Goodwill52:12 Connect with JasonLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
03 Jul 2021 | Who Says You Can't Move a Laundromat?!? with Charles Measley | 01:13:31 | |
When confronted with a bad lease and a landlord unwilling to negotiate, Charles Measley did what others have said can't be done - he moved his laundromat down the street! Dave "The Laundromat Millionaire" Menz and his wife, Carla, discuss his journey, the lessons learned, and the pitfalls that should be avoided.Referenced Links: For consulting services: www.laundromatmillionaire.com Our laundromats: www.queencitylaundry.com Our pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiFluff and Fold Laundromats – New Jersey: https://fluffandfoldlaundromat.com/Fluff and Fold/HappyNest Pick-up and Delivery: https://fluffandfoldlaundromat.com/services/pick-up-delivery/Coin Laundry Association: www.coinlaundry.orgDexter Laundry: www.dexter.comEastern Funding: https://easternfunding.comCCI Card Readers: https://www.laundrycard.com/tag/cci-payment-systemsPerfect Wash – Huntington Beach: www.perfectwashhb.comThe Willifreds – The Wash House Laundromats: http://thewashhouseinc.com/The Jersey Shore episodes: https://www.youtube.com/channel/UCalcFcqOC_UdfxQAPHhwOqgGlaucoma: https://www.nei.nih.gov/learn-about-eye-health/eye-conditions-and-diseases/glaucomaFriends – eye doctor clip: https://www.youtube.com/watch?v=KcKCvxFmQxcKelly Clarkson “Stronger” clip: https://www.youtube.com/watch?v=Xn676-fLq7ITimestamps:00:00:00 Laundromat Millionaire Show Intro - Quotes00:01:39 The Jersey Shore from New York?00:03:55 Charles' Backstory - Overcoming Health Challenges00:10:59 First Business Venture - Ice Cream00:11:56 A Free Laundromat00:13:19 Hurricane Sandy00:14:51 Seeking Laundromat Industry Education00:18:11 Buying First Laundromat00:22:16 Avoiding a Bad Lease00:30:30 Fixing a Declining Business00:32:22 Importance of Good Employees00:35:02 Marketing & Promotions00:37:55 Surviving a Bad Lease00:40:56 Ending a Lease & Moving a Laundromat00:51:24 Maximizing a Smaller Space00:57:21 Growth of Pick-up & Delivery00:59:16 What became of the old laundromat?01:00:58 Tips for Building a Laundromat01:04:29 Hidden Value in Retrofitting a Laundromat01:07:38 Avoiding the Absolutes - Lessons LearnedLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
14 Sep 2022 | Wash-Dry-Fold: Best Pricing Strategy with Dave & Carla Menz | 00:29:49 | |
How do you determine the price of a Wash-Dry-Fold or a Pick Up & Delivery Laundry order? What's best for your business? What's best for your customers? Listen as we discuss all this & more in this episode of the Laundromat Millionaire Show with Dave & Carla Menz.Referenced Links:• Dave’s Coaching: www.laundromatmillionaire.com/coaching• H-M Company Drain Troughs: https://draintroughs.com• Link to get Atmosphere TV:https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”o Contact Mike directly: Mike.Kelly@Atmosphere.tvOur website: www.laundromatmillionaire.comOur Online Course: https://dave-menz.mykajabi.com/sales-pageOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaireOur LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.queencitylaundry.com/deliveryCLA’s Wash-Dry-Fold Conference: https://www.coinlaundry.org/wdf2022/Timestamps00:00 Laundromat Millionaire Intro01:32 Our Background with the Debate05:57 Pro & Cons of By the Bag Pricing08:32 Interviewing the Customer on Satisfaction10:17 Is “By the Bag” really simpler and faster?14:31 How much time is spent weighing laundry?16:35 Overcoming the “By the Pound” Customer Confusion18:45 Keep the Pricing Simple20:12 What’s Best for Customers?23:09 The Perfect Solution24:41 Example from a Customer’s Perspective25:15 What We Decided28:47 Where to Learn More on Wash-Dry-FoldLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
17 Aug 2022 | Improvements That Pay for Themselves with Matt Zinicola | 00:59:33 | |
Laundromat renovations are expensive, but what if you could make changes to your laundromat that would actually pay for themselves?? Listen as Dave & Carla Menz interview Matt Zinicola, owner of Liberty Laundromat in Peterborough, NH about the improvements he's made to his laundromat and the resulting increase in profits. You may just be surprised by what you can accomplish in your business and your community too!Referenced Links:•H-M Company Drain Troughs: https://draintroughs.com•Link to get Atmosphere TV:https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”oContact Mike directly: Mike.Kelly@Atmosphere.tvGuest’s Website: https://libertylaundrynh.com/Our website: www.laundromatmillionaire.comOur Online Course: https://dave-menz.mykajabi.com/sales-pageOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaireOur LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiDaniels Equipment: www.decequip.comVend Rite vending machines: www.vendrite.comAlliance Laundry Systems for Speed Queen Equipment: www.alliancelaundry.comLaundromat Resource: https://laundromatresource.comSanOWash: www.quawingozone.comSanOWash Podcast Episode: https://youtu.be/uba2xsLJh_ETimestamps00:00 Laundromat Millionaire Intro01:22 How We Met Matt02:22 Matt’s Backstory11:41 Researching Other Businesses – Why Laundromats?13:36 Finding a Laundromat15:17 Negotiating the Terms17:12 A Laundromat from a Well??17:59 Before the Renovation19:52 The Competitive Analysis21:57 Transition from Worker to Entrepreneur29:56 The Renovations34:21 Making an Impact on the Community39:22 Matt’s Store Now42:51 The Future of Laundry Equipment46:57 Impact on Profits48:10 New Equipment Pays for Itself49:35 Being “Uncompetable”54:08 Benefits of Quantum Touch57:08 What’s Next for MattLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
13 Jul 2022 | Should Coins Be Extinct? S3 E41 Laundromat Millionaire Show | 00:44:36 | |
Too many times the "Payment System Discussion" is limited to only "Coins or Cards". Let's think outside of the box! There are cheaper options that will still increase both owner and customer convenience. Listen as Dave shares his guidelines for when to switch from Quarter to Dollars and even to Hybrid and Card Only Payment Systems.Referenced Links:H-M Company Drain Troughs: https://draintroughs.comLink to get Atmosphere TV:https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”Contact Mike directly: Mike.Kelly@Atmosphere.tvOur website: www.laundromatmillionaire.comOur Online Course: https://dave-menz.mykajabi.com/sales-pageOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaireOur LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiThe Clean Show: https://the-clean-show.us.messefrankfurt.com/us/en.htmlSanoWash Ozone System: http://www.aquawingozone.com/Munzprufer Coin Mechs: https://www.whberlin.de/en/whbe.htmlHuebsch Equipment: https://huebsch.com/Alliance Laundry Systems: https://alliancelaundry.com/Timestamps00:00 Laundromat Millionaire Intro02:04 Topic Explained04:55 Narrowing the Audience07:24 Advice for Owner Using Quarters08:19 Quarters in the Industry10:27 Pros of Dollar Coins15:21 Perceived Negatives of Dollar Coins23:32 Recommendations for When to Switch33:02 The Logistics – How Do I Convert My Store?37:25 Summary39:39 Creating the Win-Win40:38 Transitioning Customers from Quarters Slowly42:32 Card Readers’ Impact on ATM’sLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
02 Feb 2022 | Choosing the Business Model for You with Todd Fener | 01:20:41 | |
There's more than one way to run a successful, profitable laundromat that serves the community, but which is right for you? Follow along as Dave "Laundromat Millionaire" Menz and his wife, Carla discuss the possibilities, the pro and the cons, with Distributor and fellow Multi-store Owner, Todd Fener. Should you be attended or unattended? Add Wash-Dry-Fold service or self-serve only? Be the low price leader or the the customer service leader? Listen as they debate and you decide!Referenced Links:The Laundromat Millionaire Conference: www.laundromatmillionaire/conferenceH-M Company Drain Troughs: https://draintroughs.comLink to get Atmosphere TV:https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”Contact Mike directly: Mike.Kelly@Atmosphere.tvGuest’s Website: www.lowlaundry.comOur website: www.laundromatmillionaire.comOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiWallStreet movie clip: https://www.youtube.com/watch?v=-WJ_2ycsHl8Paul’s Rib Shack Barbecue: https://www.paulsribshackbarbecue.com/Coin Laundry Association: www.coinlaundry.orgJim Schultz with Midwest Laundries: https://midwestlaundries.com/Mike Gekelman with Superior Laundry Equipment: https://superior-laundry.com/Triad Laundry Equipment: https://triadlaundry.com/Ken Barrett with Washin Coin Laundry: https://washincoinlaundry.com/R&B Wire Laundry Carts: www.rbwire.comThe Wash House: www.thewashhouseinc.comLaundry Cares: www.laundrycares.orgDexter Laundry: www.dexter.comEastern Funding: www.easternfunding.comCoin Laundries: Road to Financial Independence by Emerson HigdonThe 4-Hour Workweek by Tim FerrissTimestamps:00:00:00 Laundromat Millionaire Show Intro - Quotes00:02:38 Make Time for Fun00:04:04 Value of In Person Conferences00:06:27 Todd's Backstory00:13:27 The Wall Street Job & the Lessons00:22:24 Career Shift to Laundromats00:25:52 From Laundromats to Distributorship00:30:32 Keys Behind a Successful Distribution Business00:32:35 What to Look for in Equipment00:35:01 Should You Focus on the Macro or the Micro?00:41:39 Laundromats - a Commodity or a Service?00:49:44 Sharing the Knowledge00:56:53 Releasing Control & Trusting a Team00:59:34 Correcting the Misconceptions01:02:05 Two Types of Networkers01:04:06 Building a Team & the Keys to Leadership01:11:17 Shout Outs01:14:43 LM Conference After Party!Learn more about your ad choices. Visit megaphone.fm/adchoices | |||
16 Feb 2022 | Is a Franchise Right for You? with Alex Smereczniak | 01:23:26 | |
Interested in opening a laundromat and not sure whether to join a franchise or go it alone? Follow along with Dave "Laundromat Millionaire" Menz and his wife, Carla as they discuss what a Franchise has to offer and for whom it's a good fit. Learn about Alex Smereczniak's journey into the laundromat industry and the inspiration behind his development of 2ULaundry Pick Up & Delivery Service as well as the Laundrolab Franchise.Referenced Links:The Laundromat Millionaire Conference: www.laundromatmillionaire/conferenceH-M Company Drain Troughs: https://draintroughs.comLink to get Atmosphere TV:https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”Contact Mike directly: Mike.Kelly@Atmosphere.tvGuest’s Website: www.laundrolabusa.comGuest’s Email: Alex@laundrolabusa.com or Dan@laundrolabusa.comOur website: www.laundromatmillionaire.comOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiCoin Laundry Association: www.coinlaundry.orgRed Wing Shoes: www.redwingshoes.comWake Forest University: www.wfu.eduWake Wash: www.wakewashwfu.comErnst & Young: www.ey.com/consultingNextDoor App: www.nextdoor.comElectrolux: www.electrolux.comCents: www.trycents.comTimestamps:00:00:00 Laundromat Millionaire Show Intro - Quotes00:03:52 Alex's Backstory00:10:43 A Degree in Laundry00:18:55 A Business Consultant00:20:11 Leaving to Start a Laundry Business00:24:40 Living Without Regrets00:29:01 Start of 2ULaundry00:31:48 Marketing without Money00:35:06 Mom Hack of the Year! and PUD Demographics00:38:04 Learning From Others Failures - Washio00:45:54 Owning Our Own Launromats?00:48:08 A Shift due to Covid00:50:44 The Franchise Model Emerges00:54:22 A Franchise Plus PickUp & Delivery00:58:42 Why Join a Franchise?01:03:28 Franchise Profit Margins01:05:36 Per Bag versus Per Pound01:07:20 Getting the Franchises Open01:08:20 Why is Laundrolab Better?01:12:22 The Ongoing Value Add01:14:34 Alex's Contact Info01:15:08 Longterm Mentality01:18:50 Laundromat Millionaire ConferenceLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
28 Feb 2022 | Tips for Multi-Store Management with Ross Dodds | 01:10:36 | |
Interested in growing your laundromat into a multi-store chain? Or are you overwhelmed already with the location you have? Follow along with Dave "Laundromat Millionaire" Menz and his wife, Carla as they interview Ross Dodds, owner of the multi-store chain Luxe Laundries in Los Angeles, CA. He'll share his tips for growing the business, managing multiple locations, and the challenges and potential success of adding a pick-up & delivery service to your model. Listen and learn how we are at the beginning of a Revolution in the Laundromat Industry!Referenced Links:The Laundromat Millionaire Conference: www.laundromatmillionaire/conferenceH-M Company Drain Troughs: https://draintroughs.comLink to get Atmosphere TV:https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”Contact Mike directly: Mike.Kelly@Atmosphere.tvGuest’s Websites: https://luxelaundries.com/ and https://www.washclubla.com/Guest’s Email: Ross@WashClubLA.comGuest’s Facebook Forum: https://www.facebook.com/groups/laundromatownersOur website: www.laundromatmillionaire.comOur Online Course: https://dave-menz.mykajabi.com/sales-pageOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaireOur LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiCoin Laundry Association: www.coinlaundry.orgLaundromat Resource w/Ross Dodds: https://laundromatresource.com/show9/Alliance: www.alliancelaundry.comDexter: www.dexter.comLos Lavaderos Coin Laundries: https://www.facebook.com/LosLavaderoslaundromats/FasCard: www.laundrycard.comTimestamps:00:00:00 Laundromat Millionaire Show Intro - Quotes00:02:30 Ross's Backstory00:04:20 First Store with Little Money00:11:06 A Fire Changes the Plan00:15:01 How Much Insurance is Enough?00:16:53 A Second Laundromat Gets Frozen00:19:02 Financing 2 Remodels with Plastic00:20:02 Great Advice from Another Owner00:22:44 How to Evolve from 1 to 8 Stores00:27:36 A Passive Business?00:28:49 Lessons for Multi-Store Owners00:35:50 Pick-Up & Delivery Journey00:38:01 The Turning Point for Profitability00:42:04 Modernizing Rundown Laundromats00:44:37 An Industry Revolution00:48:45 Know Your Avatar00:51:46 Advice for those in Pick-Up & Delivery00:54:32 Avoiding Comfortable Complacency00:56:15 Early Mistakes in Making Pick-Up & Delivery Profitable00:59:41 Effects of Increasing Your Prices01:06:11 Ross's Contact Info01:06:53 How to Fly & Stay for FREE!Learn more about your ad choices. Visit megaphone.fm/adchoices | |||
21 Sep 2021 | A New Build - To Franchise Or Not? with Brian Riseland | 01:24:51 | |
When entering a new industry, is joining a franchise a good idea? Listen as Dave "The Laundromat Millionaire" Menz and his wife, Carla discuss the pros and cons of joining a franchise with Brian Riseland, a former Microsoft exec and owner of Laundry Genius. Follow along as Brian shares how lessons he learned at Microsoft have helped him to be a better laundromat owner, how he made the decision on whether to join a franchise, his tips for branding and marketing, as well as his journey into the laundromat industry and where he's headed next. No matter what industry you may pursuing, this episode is full of great advice for any business owner wanting to improve their business!Referenced Links:Link to get Atmosphere TV:https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”Contact Mike directly: Mike.Kelly@Atmosphere.tv Our guest’s website: www.laundry-genius.comOur guest’s email: brian@laundry-genius.comFor consulting services: www.laundromatmillionaire.comOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiCoin Laundry Association: https://www.coinlaundry.org/Laundromat Resource: https://laundromatresource.com/Pacific Lutheran University: www.plu.eduFiverr: www.fiverr.comDesign Crowd: www.designcrowd.comBigger Pockets Realty Podcast: www.biggerpockets.comLaundry Luv, Abilene, TX: www.laundryluv.comCesco Laundry Equipment: www.cescoequipment.comLaundroworks card payment system: www.laundroworks.comCents POS System: www.trycents.comRadical Candor by Kim Scott: www.radicalcandor.comIt Takes What It Takes by Trevor Moawad: https://moawadconsultinggroup.com/it-takes-what-it-takes/Wayne’s World clip: https://www.youtube.com/watch?v=jjaqrPpdQYcVerizon “Can You Hear Me Now” commercial: https://www.youtube.com/watch?v=OPwPo-IAQ-ETimestamps:00:00:00 Intro Quotes - The Laundromat Millionaire Show00:02:02 How to be a guest on our show00:03:00 Laptops to Laundromats00:04:15 Sharing Knowledge Across the Industry00:05:20 "Laundry Genius"? All About Branding00:09:20 Brian's Backstory00:11:37 Lessons from Microsoft00:15:29 The Single Main Idea in Marketing00:16:50 Branding to Elevate the Industry00:19:47 Why left Microsoft00:21:35 Should I buy or franchise?00:25:17 Creating a business, not a job00:26:18 Pros & Cons of Franchising00:34:30 Deciding to Build00:36:15 Determining the Where - Location, Location, Location00:38:43 Importance of a Great Distributor00:41:58 Lease Negotiations00:43:14 Permit Purgatory00:44:05 Starting the Build00:45:08 Focusing on the Website and SEO00:46:00 Opening the New Store00:47:02 Why look for a stand alone building?00:48:46 Buying the Real Estate?00:50:09 Advice for a Great Lease00:52:42 Make-up of the New Store00:57:47 Adding Pick-up & Delivery?01:00:04 Why use Cents?01:05:08 Thoughts on Using Door Dash for Delivery01:08:36 Pricing01:15:00 Sharing Your Knowledge01:17:04 Recommended Resources01:23:00 Parting Thoughts01:23:36 Brian's Contact InfoLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
17 Nov 2021 | Are You Thinking Big Enough? with Mark Pattison | 00:44:46 | |
Are You Thinking Big Enough? Are You Striving for Your True Potential? If Others Can - Why Not You?? Former NFL Player and Recent Conqueror of Mt Everest (as well as the 6 other highest summits on Earth), Mark Pattison had asked himself these very questions. Follow along as he shares his journey with Dave "Laundromat Millionaire" Menz and his wife, Carla, inspiring us to think bigger, work harder, and stop limiting ourselves!Referenced Links: Link to get Atmosphere TV: https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”Contact Mike directly: Mike.Kelly@Atmosphere.tvOur guest’s website: www.markpattisonnfl.comOur guest's podcast: https://www.markpattisonnfl.com/finding-your-summit/NFL presents Searching for the Summit: https://www.youtube.com/watch?v=BhCr1qgUE4ATo Donate to Higher Ground: https://highergroundusa.app.neoncrm.com/np/clients/highergroundusa/donation.jsp?test=true&campaign=77&Our guest’s Facebook: https://www.facebook.com/NFL2SevenSummits/Our guest’s Instagram: https://www.instagram.com/markpattisonnfl/Our guest’s LinkedIn: https://www.linkedin.com/in/marklpattison/Our guest’s Twitter: https://twitter.com/MarkPattisonNFLFor consulting services: www.laundromatmillionaire.com Our Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.com Our pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiMt Ranier National Park: https://www.nps.gov/mora/index.htmStarbucks: www.starbucks.comMicrosoft: www.microsoft.comExpedia: www.expedia.comBoeing: www.boeing.comZillow: www.zillow.comAmazon: www.amazon.comJohn R. Wooden’s Pyramid of Success: www.thejohnrwoodencourse.comHigher Ground Programs: https://highergroundusa.org/Epilepsy Foundation: www.epilepsy.comTimestamps:00:00 Laundromat Millionaire Show Intro - Quotes02:02 Mark's Backstory - Surrounded by Mountains & Start-Ups05:52 An Eye-Opening NFL Experience09:40 "Why Not Me?" Mindset13:30 Blocking Out the Naysayers15:10 Lost After the NFL18:40 Refusing to Quit20:51 Facing Obstacles and Overcoming Failures22:42 Summitting Mt Everest28:48 The Film "Searching for the Summit"30:40 What is "Snow Blind"?33:29 The Finding Your Summit Podcast35:01 Advise for Business Owners40:02 Avoid Comparisons41:37 Contact Info & Higher GroundLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
04 Jan 2023 | The 3 Keys to Successful Staffing w/Dave & Carla Menz | 00:56:53 | |
Is staffing your laundromat an issue? Trouble finding reliable employees? We've been there! But, after years of trial and error, we now have an AMAZING team and a pretty good system for finding new team members. Listen as Dave & Carla Menz share the tricks they've found to keeping your laundromat well-staffed and always open for business! | |||
19 Jan 2023 | The Change That Increased Revenue 32% with Tim & Dustin Gill S3E58 | 01:04:04 | |
Tim's 1st laundromat lost $70k, until he took the advice of an old friend. Could these changes turn your store around too? Listen as Tim & Dustin Gill of Jacksonville, FL and Atlanta, GA share this father-son story of entering the laundromat industry. As they discuss their journey from 1 to 4 stores with Dave & Carla Menz, they share the advice they've learned along the way. There are many "golden nuggets" to learn, so be sure to follow along! | |||
01 Feb 2023 | The Art of Laundromat Valuation with Stephen Gramaglia | 01:15:33 | |
Whether it's examining the competitive analysis and demographics around a white box location or the total valuation of an existing laundromat, Stephen Gramaglia has the experience and advice you need. As former COO of laundromat financing giant, Eastern Funding and now an owner of multiple laundromats himself, Stephen shares his journey and his expertise in this in-depth interview with Dave & Carla Menz. Get your notepad ready, because this one is full of those golden nuggets!! | |||
22 Feb 2023 | Tips from a Laundromat Construction Expert with Brian Harrington S3E60 | 00:59:54 | |
Thinking about retooling or building a laundromat? This is an episode you won't want to miss! Brian Harrington, construction contractor turned laundromat owner shares his advice on construction, layout, throughput, and financing. Follow along as Dave & Carla Menz share their insight on these topics as well. | |||
26 Apr 2023 | Laundry Service Marketing That Gets Results with Brett Lyon S4E61 | 01:20:03 | |
Learn tips for successfully marketing your laundry business with former professional hockey player turned marketing wizard, Brett Lyon. Stay tuned for a special announcement and offer as Dave, Carla & Brett reveal what they've been working on together and how it can impact your business! | |||
09 May 2023 | How To Calculate the Price You Should Be Charging for WDF Service with Dave & Carla Menz | 00:41:13 | |
Are You Making a Profit on Your WDF Service? How much? Follow along as Dave & Carla Menz explain how to calculate your costs for a pound of laundry processed, share their actual costs, and teach you how to determine what you should be charging in your market. Grab that notepad and a calculator, you're definitely going to want to take some notes on this one! | |||
24 May 2023 | Should You Buy That Laundromat?? with Claudio Vilas S4E63 | 00:48:54 | |
Laundromats are often a great investment, but IS THAT ONE? Follow along as Dave & Carla Menz dive in deep on this topic with laundromat owner and business broker, Claudio Vilas. Learn from his wins and his mistakes as they discuss what makes a laundromat a good or bad investment, whether it's right for you, and how much you should pay. For those looking to get into or expand their portfolio in the laundromat industry, this is an episode you won't want to miss! | |||
07 Jun 2023 | Secrets to Scaling with Joe Dan & Kelli Reed | 01:05:48 | |
Are you looking to get into the laundry industry or already in and want to grow? This episode of The Laundromat Millionaire Show is full of advice on hot topics such as whether to retool or build new, which equipment to buy, want to negotiate in your lease, how big should your laundromat be, which payment system is right for you, how to scale a pick-up & delivery service, and much more! Get advice from industry veterans Joe Dan & Kelli Reed as Dave & Carla dive deep into the world of laundromat ownership! · Dave’s Coaching & Workshops: www.laundromatmillionaire.com/coaching Our Guest’s Websites: www.splashemout.com 0:00:00 Laundromat Millionaire Intro | |||
21 Jun 2023 | Creating Growth & Giving Back with Dave & Carla Menz | 00:32:16 | |
Want to create a buzz in your community that brings customers flocking to your store? Whether it's a grand opening or your 20 year anniversary, it's still a great time to plan a Free Wash Event for your customers! Follow along as Dave & Carla detail how they set up their Anniversary event, why they did it, the costs associated with it and the feedback they've received since. Take notes as you begin planning yours! | |||
05 Jul 2023 | Getting Real with Alliance Laundry CEO Mike Schoeb | 01:19:19 | |
Franchises...Corporate Stores...Equipment Distributors...Supply Chain Breakdown...Technological Advancements...the Future of the Industry?? Yes, we hit all the hot topics in this candid interview with one of the top CEO's in the Laundry Industry, Mike Schoeb of Alliance Laundry Systems! | |||
02 Aug 2023 | Discount Offer for WDF 2023!! with Mark Vlaskamp | 00:57:30 | |
From creating The Folde, selling to 2ULaundry, and becoming a CLA Board Member, Mark Vlaskamp has had a busy few years! Listen as he shares his story and the event he is currently excited about that is a necessity for anyone interested in drop-off laundry or delivery services. Be sure to stay tuned as Dave & Carla reveal a special coupon code for $100 off for any Laundromat Millionaire Show listener!! | |||
13 Sep 2023 | Our Customer Service Strategies Revealed with Dave & Carla Menz | 00:50:06 | |
We pride ourselves on offering outstanding customer service and so can you! Learn our methods for keeping it easy, affordable, and high-quality. We share with you the tools we use, how they work, what they cost and the policies we implement to maintain that high customer satisfaction and retention. This episode is perfect for not only any laundromat owner, but any business owner! | |||
30 Aug 2023 | Before You Buy That Laundromat, Analyze the Deal with Jason Worme | 00:59:59 | |
Want to buy a laundromat but nervous of the risk? Follow along as Jason Worme details how he analyzes a potential location to mediate risk and determine an offer that will guarantee a successful profit margin. In this interview with Dave & Carla Menz, Jason shares his story of coming to America and how he continues to grow a successful laundromat business in New York. | |||
04 Oct 2023 | Inject a New Revenue Stream Into Your Laundromat with Patrick Kelley of Hydro Perfect Pour | 01:02:30 | |
Looking for ways to increase self-serve revenue while also cutting costs for laundry drop-off and delivery services? Listen and learn from Patrick Kelley of Hydro Perfect Pour about the new service Dave & Carla are installing in their newest laundromat. Patrick shares how it works, how it's different from other systems, and how it can not only add a new revenue stream, but decrease supply costs as well! Be sure to stay tuned to also hear about a special limited time discount offer!! Laundromat Millionaire’s WDF/PUD Workshops: https://laundromatmillionaire.com/pick-up-delivery-workshop/
Our Guest’s website: https://www.hydrosystemsco.com/markets/laundry.html Our Guest’s email: Patrick.kelley@psgdover.com Our Website: www.laundromatmillionaire.com Our Online Course: https://dave-menz.mykajabi.com/sales-page Our Youtube channel: https://youtube.com/c/LaundromatMillionaire Our Podcast: https://laundromatmillionaire.com/podcast/ Our Facebook: https://www.facebook.com/laundromatmillionaire/ Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaire Our LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/ Our Instagram: https://www.instagram.com/laundromatmillionaire/ Our laundromats: www.queencitylaundry.com Our pick-up and delivery laundry services: www.queencitylaundry.com/delivery LaundroBoost Website: www.laundroboostmarketing.com H-M Company Drain Troughs: www.draintroughs.com Dover: www.dovercorporation.com 00:00 Laundromat Millionaire Intro 01:15 What is Hydro and How We Met 03:38 Our Misconceptions about Direct Injection 04:29 Hydro’s Background 07:07 A Special Discount Offer from Hydro 09:30 What Hydro Does 11:16 How Hydro is Different 14:58 The Tubing System 17:45 How Your Washers Communicate with the Hydro System 20:09 How the Product Travels to the Machines 25:45 How Hydro Can Both Increase Revenue and Decrease Costs34 35:36 Hydro Perfect Pour System’s Lifespan and Maintenance 36:52 Global Availability and Installation 38:05 Steps to Purchase and Who It’s Best For 39:19 With and Without Touchscreen 43:05 Charging per Wash Modifier 46:12 Plea to Manufacturers 48:34 Elevating the Industry 52:20 Teaching Customers About Hydro Perfect Pour 57:23 Cost and the ROI 58:25 Financing Options 58:52 Closing Remarks & Contact Information | |||
18 Oct 2023 | Scaling With Simplicity with Branden Unnerstall | 00:54:52 | |
How can you expand your chain of laundromats and keep it simple to manage?? Learn how Branden Unnerstall, owner of 16 laundromats in St Louis, Missouri, has done just that! In this episode of The Laundromat Millionaire Show Dave, Carla & Brandon discuss how to scale, the hiring for customer service, developing a brand, the impact of their Christian faith on their business and much, much more! Laundromat Millionaire’s WDF/PUD Workshops: https://laundromatmillionaire.com/pick-up-delivery-workshop/
Our Guest’s website: www.bestwashlaundromat.com Our Guest’s email: bestwash11@gmail.com Our Website: www.laundromatmillionaire.com Our Online Course: https://dave-menz.mykajabi.com/sales-page Our Youtube channel: https://youtube.com/c/LaundromatMillionaire Our Podcast: https://laundromatmillionaire.com/podcast/ Our Facebook: https://www.facebook.com/laundromatmillionaire/ Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaire Our LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/ Our Instagram: https://www.instagram.com/laundromatmillionaire/ Our laundromats: www.queencitylaundry.com Our pick-up and delivery laundry services: www.queencitylaundry.com/delivery H-M Company Drain Troughs: www.draintroughs.com LaundroWorks Card System: https://laundroworks.com/ SanOWash Ozone System: https://www.aquawingozone.com/products/sano3wash.html Hydro Perfect Pour Injection System: https://www.hydrosystemsco.com/markets/laundromat.html Alliance Laundry Systems: https://alliancelaundry.com/ The Founder video clip: https://www.youtube.com/watch?v=8mQYcyxnFyE LaundroBoost Marketing Company: https://laundroboostmarketing.com/ Craig Groeschel Leadership Podcast: https://www.life.church/leadershippodcast/ 00:00 Laundromat Millionaire Intro 00:31 Brandon’s Backstory 06:04 Scaling – More Stores Makes It Easier! 11:48 Layers of Management – Employee Roles 13:54 Coins vs Cards and the Impact on Scaling 16:32 Technological Revolution in the Laundry Industry 17:14 The Laundromat Business Model for Best Wash 21:34 Buy or Build and Owning the Land 23:21 The Necessary Components of a “Modernized Laundromat” 26:10 Hiring for Customer Service 29:39 Equipment Used & Recommended 34:51 Simple Scales, Fancy Fails 36:06 Different Models for Success 37:31 Customer Service and the Impact on Customer Loyalty 39:25 Low-Cost Solutions for Business Growth 42:14 Importance of Branding 46:03 Impact of Faith on Business and Leadership 49:42 Closing Remarks & Contact Info 50:42 Sharing More & Increasing Customer Base | |||
01 Nov 2023 | Stress-Free Payroll Solutions with Justis Mullins | 00:51:33 | |
Does your head hurt just thinking about payroll?? Taxes, social security, worker's comp, unemployment insurance, OSHA, the FLSA, & more to keep track of makes outsourcing payroll a must for business owners! In this episode of The Laundromat Millionaire Show, Dave & Carla Menz interview Justis Mullins, Small Business Sales Manager of ADP Services, to explore solutions for the independent laundromat owner. Justis shares guidance on where to start, avoiding costly mistakes, and affordable strategies for scaling your HR to mirror what the big companies offer! Stay tuned til the end as they share a special discount for followers of The Laundromat Millionaire Show!! | |||
23 Nov 2023 | Navigating Delivery & Controlling Costs with Dave & Carla Menz | 00:39:27 | |
Interested in Laundry Delivery, but not sure about the Logistics Options? Already doing Delivery and want to Increase your Profit Margin? In this episode with Dave & Carla Menz, they explore the different Logistical Models for Delivery and help you navigate which is the best for you. Additionally they share tips for creating a model the customers will love! Also, learn about WDF & Delivery Dynamics: The Complete Business Blueprint, the handbook from their workshops, now available for individual sale! | |||
27 Dec 2023 | A New Innovation in Customer Entertainment with Scott Janney | 00:57:22 | |
Interested in FREE Entertainment for your customers?? Looking for another way to differentiate your business from the competition?? Scott Janney, Co-Founder and CEO of Magazine Jukebox shares the story behind his innovative new product and Dave & Carla share its impact after months of use in their stores. Learn about the free option or for a small monthly investment, a way to add another form of marketing for your business. Be sure to stay tuned for the special discount for our followers!! | |||
24 Jan 2024 | Fighting for the Independent Laundromat Owners with Jordan Berry | 01:01:01 | |
"If we don't get on board, we're going to be left behind!" Jordan Berry, from the Laundromat Resource, joins Dave & Carla Menz to discuss the current trends in the laundry industry, the threats we need to prepare ourselves for, and a call to action for all laundromat owners to help each other succeed. Also, learn the reasons behind Jordan's recent sale of his first laundromat, the signs you may be ready to sell, and his plans for the future of the Laundromat Resource platform. | |||
21 Feb 2024 | Taking Action on a "Free" Laundromat with Yannick Tuwamo | 00:57:55 | |
Is that "Free Laundromat" really free? Yannick Tuwamo, owner of The Soapbox Global Laundry in Columbus, Ohio shares his journey into purchasing his first laundromat, the challenges and his advice for others looking to enter the laundry industry. Follow along in this interview with Dave & Carla Menz on The Laundromat Millionaire Show, pull out the "golden nuggets" to help you enter the laundry industry, find the right deal and create a profitable community resource! | |||
13 Mar 2024 | Before You Buy More Equipment... with Horace Lewis | 00:54:39 | |
If your laundromat is so busy people are turning away, does that mean it's time to expand? Do you need more space and more equipment or is there another solution? When is the right time to invest in more equipment or even another location? Listen as Horace Lewis shares his laundromat journey with Dave & Carla Menz and they discuss this often debated topic. | |||
27 Mar 2024 | Costly Insurance Coverage Mistakes with Larry Trapani & Joel Blitzer | 00:59:50 | |
As insurance premiums continue to rise, are you sure your business is even covered? Are you paying for coverage you don't even need? Are items missing from your policy that could cause you devastating losses? Larry Trapani & Joel Blitzer of The Laundromat Millionaire Insurance Program join Dave & Carla on this episode of The Laundromat Millionaire Show to discuss these questions and more. This is a must-listen episode for every laundromat owner! | |||
01 May 2024 | Growth & Comfort Do Not Coexist with Alex Jekowsky | 01:19:07 | |
First StarchUp, then LaundroWorks, what's next for Cents? In this episode of The Laundromat Millionaire Show, Dave & Carla interview Alex Jekowsky, CEO & Co-founder of Cents, to discuss the evolution of technology in the laundromat industry, the mistakes Cents has made along the way and their plans for the future. | |||
16 Jul 2024 | The 3 Questions Every Business Owner Should Ask with Mike Finger | 00:59:03 | |
What do you really want from your business? In this episode of The Laundromat Millionaire Show sponsored by H-M Company at draintroughs.com, Dave and Carla interview Mike Finger of Exit Oasis as he reveals the 3 questions every business owner must ask themselves about their business. Avoiding these questions and the necessary pivots they may require could leave you devastated! This is an essential listen for all small business owners! | |||
31 Jul 2024 | How is 24-Hour & Unattended Possible? with Lara Freeland | 00:55:32 | |
There are many successful ways to run a laundromat, but can they run themselves? Is it really possible to be open 24-hours and completely unattended? Lara Freeland, owner of Pelican Laundromat in Marrero, Louisiana shares her tips for making this model possible. Listen as Dave and Carla Menz interview Lara in this episode of The Laundromat Millionaire Show sponsored by H-M Company Drain Troughs. | |||
14 Aug 2024 | Adding a Facility to Scale Delivery with Ayad Mirjan | 00:59:40 | |
When adding Wash-Dry-Fold & Delivery to your laundromat, how do you know when you've outgrown your facility? What can you do to avoid affecting your self-serve customers? For Ayad Mirjan, his answer was simple, expand across the street! In this interview with Dave & Carla Menz, learn how Ayad expanded his delivery brand OrangeBag by adding a separate processing facility and even licensing his brand to other nearby owners. Ayad shares his tips for other owners and even shares his experience in becoming the only Green-Certified Laundry Delivery Service in Southern California! | |||
28 Aug 2024 | The 4 Keys to Elevating Customer Experience w/Dave & Carla Menz | 01:05:53 | |
Laundromats are more than just a room of machines that wash and dry clothes! As more pop up in communities all across the world, what will make customers want to choose yours? In this episode of The Laundromat Millionaire Show, Dave & Carla share their tips for elevating the customer experience in your store - it could be the difference in whether those customers come through your door or the laundromat down the street! | |||
17 Sep 2024 | Using AI to Elevate Your Marketing with Brett Lyon & Courtney Farrell from LaundroBoost | 01:06:20 | |
Everyone's talking about AI, but how can we use it to better reach and serve our customers? Brett Lyon, CEO of LaundroBoost and Courtney Farrell, COO, join us to talk about how business owners in the laundry industry or any industry can take advantage of AI platforms and even cut down on customer service time and costs. Learn about new product offerings through LaundroBoost, but also how you can improve your platform on your own to better reach customers. | |||
02 Oct 2024 | A Great Facility Isn't Enough with Drew & Leah Boggs | 01:01:22 | |
Just building an amazing laundromat isn't enough to create a successful business and Drew Boggs learned this the hard way. After a failed partnership, he was left with a chain of 4 floundering laundry businesses. With the help of his daughter, Leah and her ambitious dive into the industry, they've been able to turn these businesses around. Learn how they did it and valuable advice for other newbies entering the laundry industry! | |||
16 Oct 2024 | Landing & Bidding "Commercial" Accounts with Dave & Carla Menz | 01:02:15 | |
Dave does NOT hate commercial accounts! We just need to redefine how the industry refers to the various types of laundry delivery customers. In this episode of The Laundromat Millionaire Show, Dave & Carla discuss the 4 types of delivery customers and how to bid those accounts for both growth and profits. | |||
30 Oct 2024 | A New Innovation in Clean with Craig Madson | 01:00:17 | |
Tired of lint and dust covering everything inside and outside of your stores? Finally, a revolutionary product for the laundry industry to combat the never-ending problem of lint! Craig Madson, VP of Marketing and Innovation at Alliance Laundry Systems, joins the Laundromat Millionaire Show to share with Dave & Carla their newest innovation - ProCapture. Learn how this product works, the outcome you can expect, the life cycle, the availability, the maintenance, and much more. Don't miss this episode as you decide is ProCapture the solution you've been searching for? ProCapture Website: https://speedqueencommercial.com/en-us/procapture/ 00:00 Episode 88 Intro | |||
11 Dec 2024 | 4 Ways to Finance a Laundromat with Dave & Carla Menz | 01:02:30 | |
Whether buying or building, laundromats are a big investment! Luckily, there are many options out there to help you finance that investment and start you on your entrepreneurial journey into the laundry industry! | |||
08 Jan 2025 | Leadership That Scales with Justin Clark | 01:02:04 | |
What's essential for creating a scalable business? What resources can help you find success more quickly? In this episode of The Laundromat Millionaire Show, Justin Clark, VP of Business Solutions at EVI Industries, joins Dave and Carla to discuss such hot topics as the role of a leader, the reasons for a distribution network, and the essential first steps in buying a laundromat. | |||
22 Jan 2025 | Big Revenue From a Small Space with Daniel Logan | 01:01:15 | |
Can one small laundromat be enough to afford you the lifestyle you dream about? It has for Daniel Logan, owner of Columbia Pike Laundry in Arlington, WV. In this interview with Dave and Carla, learn how he turned a 700 sq ft laundromat into a million dollar business that gives him the flexibility so many crave. | |||
15 Mar 2021 | Trailer! | 00:03:17 | |
Welcome to Laundromat Millionaire Business Podcast. This show will be a journey through what it's like to be an Entrepreneur and Small Business Owner in the world today. Your Hosts Dave "Laundromat Millionaire" Menz & his wife and sidekick in life, Carla Menz bring you a unique flavor of pure Entrepreneurship and entertaining banter as their interview their guests. In semi- weekly episodes you'll meet real world business owners from all walks of life, as Dave & Carla pull out practical and inspiring stories full of actionable tips and tricks designed to either help you find a successful business or take yours to the next level! This is Laundromat Millionaire Business Podcast. Subscribe and stay tuned for a real life education in business that you'll find nowhere else!Learn more about your ad choices. Visit megaphone.fm/adchoices | |||
24 Mar 2021 | Our Journey to Millionaire Status - Episode 1 | 00:55:09 | |
An in-depth interview with Dave "The Laundromat Millionaire" Menz and his wife Carla as they discuss their journey from overcoming bankruptcy to owning their first business in the laundromat industry. Discover how they turned obstacles into valuable life lessons as they candidly share both their struggles and their victories while sacrificing to change their family trees. Be inspired by this true story of a self-made entrepreneur creating his own version of the American Dream (one wash at a time)!!Learn more about your ad choices. Visit megaphone.fm/adchoices | |||
30 Mar 2021 | Our Journey to Millionaire Status - Episode 2 | 01:06:20 | |
The continuation of the in-depth interview with Dave "The Laundromat Millionaire" Menz and his wife Carla as they discuss their journey from the purchase of a first laundromat to multiple locations, how they turned those businesses around, and even pivoted to add additional income streams. Discover how they turned losses into fortunes as they candidly share both their struggles and their victories while sacrificing to change their family trees. Be inspired by this true story of a self-made entrepreneur creating his own version of the American Dream (one wash at a time)!!Learn more about your ad choices. Visit megaphone.fm/adchoices | |||
08 Apr 2021 | Building a Legacy with Johnathan Russell - Episode 3 | 00:55:53 | |
"Laundromat Millionaire" Dave Menz and his wife Carla interview Real Estate Investing Entrepreneur Johnathan Russell as he shares his journey Building a Legacy for his family and his town. Learn how he perseveres through hardships such as a devastating tornado and paralyzing car accident to continually bless his community with improved housing. He is truly an example of GRIT!!Link to Johnathan Russell:https://www.facebook.com/jonathanrussellinvestingLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
17 Apr 2021 | Music Exec to Entrepreneur with Art Jaeger Episode 4 | 00:54:06 | |
From a middle class latchkey kid in New York to Auditor to a High-Level Executive in the Music Industry - a personal, in-depth interview with Art Jaeger, former Executive Vice President of Capitol Records. Learn how he worked his way up the ranks and listen while he shares stories of working with legends such as Chris Blackwell, Bonnie Raitt, and U2. Learn more about your ad choices. Visit megaphone.fm/adchoices | |||
23 Apr 2021 | Music Exec to Entrepreneur with Art Jaeger Episode 5 | 00:52:57 | |
Dave "The Laundromat Millionaire" Menz and his wife, Carla, continue sharing the journey of Former Vice President of Capitol Records, Art Jaeger, as he explores various entrepreneurial opportunities after being blacklisted from the Music Industry. From Tech Startups, to a Nightclub, to finally finding his niche in the Laundry Industry, listen as he shares his stories, insights, and the knowledge he has gained along the way!Learn more about your ad choices. Visit megaphone.fm/adchoices | |||
01 May 2021 | Conquering Digital Marketing with Dennis Diaz - Episode 6 | 01:11:00 | |
Dennis Diaz, Entrepreneur and owner of Spynr, a Digital Marketing Company specializing in the Laundromat Industry, shares his tips and tricks for improving your web presence. Listen as he shares his journey from being a poor kid in the Bronx to creating and growing a significant business and much needed service in elevating the industry. Follow along as Dave "The Laundromat Millionaire" Menz and his wife, Carla, interview Dennis revealing key advice for DIY Marketing and even a free website offer!Contact info:Dennis@spynr.comReferenced Links:For consulting services: www.laundromatmillionaire.comOur laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiCLA: www.coinlaundry.orgSpynr: www.spynr.comEastern Funding: www.easternfunding.comGoogle My Business: www.google.com/business/My Space: www.myspace.comYext: www.yext.comLaundry Cares Foundation: www.laundrycares.orgDale Carnegie Training: www.dalecarnegie.comMonster Job Search: www.monster.comSt. Regis Hotel New York: www.marriott.com/hotels/hotel-information/nycxr-the-st-regis-new-york/Island Def Jam Records: www.defjam.comUniversal Records: www.universalmusic.comDennis’s Delaware Rentals: www.sophiescornerhome.com, www.marionsbeachfront.com Learn more about your ad choices. Visit megaphone.fm/adchoices | |||
10 May 2021 | 7 Reasons: Laundromats Are the Best Business in America - Episode 7 | 00:59:50 | |
Listen as Dave "The Laundromat Millionaire" Menz with his wife Carla reveal the 7 Reasons behind his claim that Laundromats are the Best Small Business in America. Each reason is backed with discussions from both his research and his business experience in the Laundromat Industry since 2010. Topics discussed include profitability, recession resistance, passive income, lifestyle flexibility, and even infinite returns on investment!Learn more about your ad choices. Visit megaphone.fm/adchoices | |||
21 May 2021 | Creating Business Solutions with Brian Henderson - Episode 8 | 01:31:29 | |
Join Dave "The Laundromat Millionaire" Menz and his wife, Carla, as they learn how Brian Henderson grew from helping his father create one of the top laundromats in the US to developing his own custom designed POS system for the laundromat industry - Wash Dry Fold POS. Brian shares his advice for creating a top laundromat, a premiere drop off laundry service, and accomplishing any entrepreneurial goals!Learn more about your ad choices. Visit megaphone.fm/adchoices | |||
28 Aug 2021 | A Driven Pursuit of the Laundromat Industry with Stacey Runfola | 01:07:22 | |
Interested in the laundromat industry? Follow along as Dave "The Laundromat Millionaire" Menz and his wife, Carla interview Stacey Runfola, a multi-store owner in Florida, as she shares her journey and the diligent perseverance she displayed in finding success in laundromats. Stacey shares her story of personal loss, pursuing a new career, and overcoming the challenges of buying multiple laundromats and even starting a pick-up & delivery service, all while continually looking for ways to serve others!Referenced Links:Link to get Atmosphere TV:https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”Contact Mike directly: Mike.Kelly@Atmosphere.tvOur guest’s website: www.laundrystop.comOur guest’s facebook: https://www.facebook.com/stacey.runfolaFor consulting services: www.laundromatmillionaire.comOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiCoin Laundry Association: www.coinlaundry.orgCLA Forum: https://community.coinlaundry.org/openforumlink/community-home?CommunityKey=203feeea-5c96-4a14-b980-44cc430a7e8dBrian Grell and Eastern Funding: www.easternfunding.comExcellence in Laundry Conference: https://www.coinlaundry.org/events/excellence-in-laundry-conference/Multi Parts Aftermarket Auto Parts: www.multiparts.netThe Brothers Grimsby – bulletproof glass clip: https://www.youtube.com/watch?v=CIZj6uj-_Q8Timestamps:00:00:00 The Laundromat Millionaire Show Intro - Quotes00:03:22 Stacey's Backstory - her father as a mentor00:08:36 A college degree & a minimum wage job00:09:45 From Teacher to Store Manager00:10:34 Marrying the Boss00:12:01 Lessons Through Loss00:17:22 Passion for Helping Others00:17:40 From Dance Industry to Laundry Industry00:20:13 Searching for a Business00:24:00 Networking Before Even an Owner00:25:20 A Refusal to Sell - Searching for Opportunities00:29:41 Pursue a Master's Degree?00:30:08 A Package Deal00:33:14 Where to Look for Laundromats00:36:00 Doing the Due Diligence00:38:36 Biggest Key to Success in the Laundromat Industry00:41:12 Buying 2 Laundromats in 1 Day!00:45:15 Condition of the Stores00:45:42 Creative Problem Solving in Business00:48:12 Expanding to a 3rd Store00:51:58 Starting a Pick-Up & Delivery Service00:55:50 Challenges and Advice for Pick-Up & Delivery01:02:20 Stacey's Tips01:05:56 Stacey's Contact InfoLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
10 Aug 2022 | Building a Lending Powerhouse with Michael Fanger & Brian Grell | 01:04:30 | |
Live from The 2022 CLEAN Show, Dave and Carla Menz interview two industry leaders - Michael Fanger & Brian Grell, the founders of Eastern Funding, a premier financer for laundry businesses. Learn how they started the company 25 years ago and what they see for the future of our industry.Referenced Links:• H-M Company Drain Troughs: https://draintroughs.com• Laundromat Millionaire Conference Videos: https://laundromatmillionaire.com/resources• Link to get Atmosphere TV:https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”o Contact Mike directly: Mike.Kelly@Atmosphere.tvGuest’s Website: https://easternfunding.comOur website: www.laundromatmillionaire.comOur Online Course: https://dave-menz.mykajabi.com/sales-pageOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaireOur LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiThe Clean Show: https://the-clean-show.us.messefrankfurt.com/us/en.htmlAlliance Laundry Systems: www.alliancelaundry.comDexter Laundry Equipment: www.dexter.comCoin Laundry Association: www.coinlaundry.orgPrime Capital: www.goprimecap.comTeeters Equipment: https://tplaundry.comPodcast with Art Jaeger: https://youtu.be/M-iqjGYZgBgLaundryCares: https://laundrycares.orgExcellence in Laundry 2023: https://www.coinlaundry.org/events/excellence-in-laundry-conference/Timestamps00:00 Laundromat Millionaire Intro01:59 How it started 25 years ago07:22 Brian’s Contributions to the Team10:06 Why Successful & Where We Are Today11:38 Michael’s Contributions to the Team13:25 The Laundromat Craze of Late 80’s-90’s14:32 Why They Joined Together16:05 More Than Just a Service Provider16:41 How They Changed Laundromat Financing18:43 Reaction to the Pandemic24:41 Benefits of Industry Specific Financing34:14 Advice for New Owners in the Industry35:26 How Eastern Funding is different from Banks39:25 Changing the Mindset of the Industry41:55 How the “Zombie Slayer” came to be47:37 The Mission Behind “ZombieMats”48:41 The 3 Questions to Answer to Know When to Retool53:37 Where do you see our industry going in the future?Learn more about your ad choices. Visit megaphone.fm/adchoices | |||
05 Oct 2022 | Are Laundromats "Cash Cows"? with Dave & Carla Menz | 00:26:07 | |
Social Media shows countless videos of collecting the coins and cash from owning a laundromat, but is a laundromat really a "cash cow"?? Is it really a passive business? Listen as Dave and Carla Menz discuss this idea and how they have become passive owners in their laundromat business.Referenced Links:• Dave’s Coaching: www.laundromatmillionaire.com/coaching• H-M Company Drain Troughs: https://draintroughs.com• Link to get Atmosphere TV:https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”o Contact Mike directly: Mike.Kelly@Atmosphere.tvOur Website: www.laundromatmillionaire.comOur Online Course: https://dave-menz.mykajabi.com/sales-pageOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaireOur LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.queencitylaundry.com/deliveryBuy Dave’s Book: www.laundromatmillionaire.com/bookOur First Episodes: https://youtu.be/NpvRxaWmWaY and https://youtu.be/O-ctFcOIEcsTimestamps00:00 Laundromat Millionaire Intro00:58 “Passive Business” defined03:50 Passive Owner versus Passive Operations06:36 Yes, a Laundromat Can Be Owned Passively!09:49 Passive versus Flexible11:53 Why We Chose Laundromats13:33 “A Laundromat Runs Itself!”16:37 Our Journey to Passivity21:06 Building in BackupsLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
26 Jan 2022 | Can the CLA Foster Your Success? with Brian Wallace | 01:20:38 | |
Ever wondered what a Trade Association actually does? Follow along as Dave "Laundromat Millionaire" Menz and his wife, Carla, ask Brian Wallace, President/CEO of the Coin Laundry Association, the hard questions. Learn how the association functions, what they are doing for our industry, and specifically, what they can do to help foster your success as a laundromat owner!Referenced Links:The Laundromat Millionaire Conference: www.laundromatmillionaire/conferenceH-M Company Drain Troughs: https://draintroughs.comLink to get Atmosphere TV:https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”Contact Mike directly: Mike.Kelly@Atmosphere.tvThe Coin Laundry Association Website: www.coinlaundry.orgLaundry Cares Website: www.laundrycares.orgPlanet Laundry Website: www.planetlaundry.comOur website: www.laundromatmillionaire.comOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiLake Shore Learning Materials: https://www.lakeshorelearning.com/Scholastic: www.scholastic.comTimestamps:00:00:00 Intro Laundromat Millionaire Show - Quotes00:02:34 Brian's Backstory - 30 years with the CLA!00:06:36 Why he's stayed at the CLA00:09:10 First impression of CLA00:12:22 Why join the CLA?00:14:09 One-on-one Consultations00:16:22 The CLA Forums00:18:23 Helping You Find a Distributor00:24:00 Being a Connector & a Unifier00:26:25 Working Together to Elevate the Industry00:30:13 Advocating for Our Industry00:33:28 Sales Tax Exemptions00:36:54 Reaching "Essential Business" Status00:42:20 Increase in Laundromat Valuations00:44:45 A View of Our Industry's Past & Future00:49:14 What does the CEO do?00:51:20 The Staff of the CLA & how it functions00:55:20 The Board of the CLA00:58:06 What Failures Have in Common01:02:38 What Makes an Owner Successful?01:05:20 Be a Giver01:08:27 Laundry Cares & Connecting with Your Community01:11:34 The Book Subscription Included01:15:54 Corporations Looking to SponsorLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
16 Nov 2022 | Our Big Reveal for Laundromat Owners with Dave & Carla | 00:44:53 | |
After several months of work to make it happen, we are finally revealing what we have been up to - an amazing Community built just for laundromat owners! Follow along as we give you a guided tour and stay til the end for a limited offer!Referenced Links:•Dave’s Coaching: www.laundromatmillionaire.com/coaching•H-M Company Drain Troughs: https://draintroughs.com•Link to get Atmosphere TV:https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”oContact Mike directly: Mike.Kelly@Atmosphere.tvOur Website: www.laundromatmillionaire.comOur Online Course: https://dave-menz.mykajabi.com/sales-pageOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaireOur LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.queencitylaundry.com/deliveryCLA’s Wash Dry Fold Workshop: www.coinlaundry.org/wdf2022/Timestamps00:00 Laundromat Millionaire Intro01:07 Why We’re Creating This New Resource – the Evolution of Laundromat Millionaire05:40 The Laundromat Millionaire Community06:10 Private Chats vs Facebook Group09:47 Tour of the Community Membership17:10 Chats with Dave Tour19:40 Reviews for Products, Services & Distributors26:19 Business Forms & Templates Tour29:32 Laundromat Supplies Tour35:40 Member Discounts Tour37:04 Marketing Tools Tour38:51 Community Videos Tour41:17 Founder’s Membership + Discount CodeLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
01 Dec 2021 | Be a Happy Leader and Retain Good Employees with Tia Graham | 00:56:02 | |
Looking for more happiness in your worklife? Struggling to retain those good employees? Follow along with Dave "Laundromat Millionaire" Menz and his wife, Carla as they learn from Happiness Expert Tia Graham the steps for becoming a happier leader, creating a positive working environment, and the keys to employee retention. In a time of increased stress on business owners and employee shortages, this is certainly a MUST LISTEN episode!Referenced Links:Link to get Atmosphere TV:https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”Contact Mike directly: Mike.Kelly@Atmosphere.tvOur guest’s website: https://www.arriveathappy.com/To Order Tia’s book: https://www.arriveathappy.com/happy-leader-book#orderOur guest’s Instagram: https://www.instagram.com/arriveathappy/?hl=enOur guest’s Youtube: https://www.youtube.com/channel/UCKHdQqpd5HI9HIKIoa9JN1QOur guest’s Facebook: https://www.facebook.com/Arrive-At-Happy-1047536678713065Our guest’s LinkedIn: https://www.linkedin.com/in/tiagraham/For consulting services: www.laundromatmillionaire.comOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiSkiing clip: https://www.youtube.com/watch?v=z3VCRSLIeA0University of Hawaii: www.hawaii.eduSheraton Resort Kauai: https://www.marriott.com/hotels/travel/lihsi-sheraton-kauai-resort/The W Istanbul: https://www.marriott.com/hotels/travel/istwh-w-istanbul/What’s App group chat: www.whatsapp.comPollyanna clip: https://www.youtube.com/watch?v=Zcm3aGNybb4Recommended Reading:•The 4 Disciplines of Execution by Chris McChesney, Jim Huling, and Sean Covey•Healing Back Pain by John E SarnoTimestamps:00:00 The Laundromat Millionaire Show Intro - Quotes02:10 Where does your "happy" come from?05:06 The story behind the Arrive At Happy Business07:05 Tia's Backstory11:29 Facing Career Adversity and Learning From It15:47 The Happiness Imperative17:11 The 8 Steps to Being a Happier Leader20:32 Being a Sacrificial Leader?23:35 Steps to Preventing Turnover32:11 Fostering Relationships Among Independent Workers35:07 How Transparent Should a Leader Be?38:26 Empowering Your Employees42:42 Be A Happy Leader - about the book46:47 Learning From Others48:40 Advice to Start Living Happier Today51:57 How to Help Team Members Be Happier53:24 Tia's Contact InfoLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
13 Apr 2022 | Eliminate Fear & Find Success with Patch Baker | 01:08:16 | |
Is fear holding you back from achieving entrepreneurial success? Listen as Dave "Laundromat Millionaire" Menz and his wife, Carla discuss this idea of fear with Patch Baker, Marine Veteran and Founder of Mobius Media Solutions. Patch reveals the 3 keys to conquering any fear and unleashing your true potential!Referenced Links:The Laundromat Millionaire Conference: www.laundromatmillionaire/conferenceH-M Company Drain Troughs: https://draintroughs.comLink to get Atmosphere TV:https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”Contact Mike directly: Mike.Kelly@Atmosphere.tv Guest’s Website: www.patchbaker.comGuest’s LinkedIn: https://www.linkedin.com/in/patchbakerOur website: www.laundromatmillionaire.comOur Online Course: https://dave-menz.mykajabi.com/sales-pageOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaireOur LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiTimestamps00:00 Laundromat Millionaire Intro – Quotes03:27 Patch’s Backstory07:51 Military Experience – Getting Shot15:43 Effects of Military Life20:43 Avoiding Complacency and Negative Thoughts23:23 No Such Thing as Fear33:33 How to Determine the Right Time to Take the Leap39:19 How Starting a Business is Like Combat44:08 Failures as Steps to Success & Luck vs Skill48:31 Patch’s Business Experience51:35 Finding True Freedom54:16 Mitigating Your Risk57:36 Importance of Mentoring to Others01:02:07 Be Efficient at Being Effective01:04:32 Patch’s Contact InfoLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
19 Jul 2022 | Why I Left HappyNest with Dave Menz S3 E42 | 00:29:16 | |
Tired of the speculation, Dave addresses once and for all why he has left HappyNest and is such a supporter of Cents.Referenced Links: H-M Company Drain Troughs: https://draintroughs.comLink to get Atmosphere TV: https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”Contact Mike directly: Mike.Kelly@Atmosphere.tvTo Purchase Conference Videos: https://dave-menz.mykajabi.com/sales-page-7fc0b0fb-ee5f-485c-b81f-da72a6210abcOur website: www.laundromatmillionaire.com Our Online Course: https://dave-menz.mykajabi.com/sales-pageOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaireOur LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.com Our pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiThe Clean Show: https://the-clean-show.us.messefrankfurt.com/us/en.htmlLaundromat Millionaire Conference Videos: https://dave-menz.mykajabi.com/sales-page-7fc0b0fb-ee5f-485c-b81f-da72a6210abcPodcast Episode with Brian Henderson: https://youtu.be/e_T9GAL1qdMLaundromat Resource: www.laundromatresource.comJordan’s Interview with Alex Jakowski: https://laundromatresource.com/show59/Learn more about your ad choices. Visit megaphone.fm/adchoices | |||
09 Aug 2021 | Cutting Costs While Creating a Positive Atmosphere with Mike Kelly - Episode 15 | 00:55:16 | |
Learn how to cut costs and improve customer satisfaction in your business! Listen as Dave "The Laundromat Millionaire" Menz and his wife, Carla, interview Mike Kelly of Atmosphere TV. Stay tuned to learn how they saved $5K/yr and will share details and deals for how you can save too - no matter what business you're in!Referenced Links:Link to get Atmosphere TV:https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”Contact Mike directly: Mike.Kelly@Atmosphere.tvFor consulting services: www.laundromatmillionaire.comOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiCoin Laundry Association: www.coinlaundry.orgBlossom TV Show intro: https://www.youtube.com/watch?v=RLFTc3e_5BsTimestamps:00:00 Intro - Laundromat Millionaire Show quotes02:52 Mike Kelly's Backstory08:11 What is Atmosphere TV?10:13 Creating a Positive Atmosphere in Your Business11:26 Types of Businesses Serviced13:00 Biggest Clients14:25 Challenges During the Early Days16:01 How to Set Up Atmosphere TV19:08 Reliability of Service20:20 Cost of Atmosphere TV22:10 Content Screening/Ratings23:24 Only Positive Content?25:10 Customer Returns26:29 System Requirements29:38 How to Use for Marketing34:17 Costs for Digital Signage Feature **DEAL**37:07 Lightning Round Game - Channel Content45:37 What is "Optional Audio"?46:24 Music Service Launching47:20 Cost Saving Link **DEAL**49:48 How WE saved $5K Annually51:15 Increasing Your Value Proposition - A Market Differentiator52:30 What's Coming for Atmosphere TV?Learn more about your ad choices. Visit megaphone.fm/adchoices | |||
24 Nov 2021 | Elevating the Customer Experience with Yvette Morton Williams | 01:07:44 | |
Customer Experience is a HUGE Market Differentiator in any business, but especially in the Laundromat Industry! No one knows this better than Yvette Morton Williams, a multi-store owner in Atlanta, Georgia. Follow along as Dave "Laundromat Millionaire" Menz and his wife, Carla, discover the strategies she's learned along the way in creating upscale profitable laundromats. Be sure to STAY TUNED to also learn of her upcoming CASH AWARD OPPORTUNITY for New Owners - you won't want to miss out!!Referenced Links:Link to get Atmosphere TV:https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”Contact Mike directly: Mike.Kelly@Atmosphere.tvOur guest’s LinkedIn: https://www.linkedin.com/in/yvette-morton-williams-mba-22ba6413/Our guest’s websites: www.conyersbestlaundry.org , www.evansmilllaundry.com , www.washandspin.comOur guest’s Facebook: www.facebook.com/conyersbestlaundry/ , www.facebook.com/evansmilllaundry/ , www.facebook.com/washandspin/Our guest’s Twitter: https://twitter.com/MarkPattisonNFLFor consulting services: www.laundromatmillionaire.comOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiCoin Laundry Association: www.coinlaundry.orgUhaul Stores: www.uhaul.comQuikTrip Gas Stations: www.quiktrip.comTimestamps:00:00:00 Laundromat Millionaire Show Intro - Quotes00:02:50 Backstory - Impact of a Strong Single Mother00:04:33 Entering the Laundromat Industry00:06:50 Laundromat Surprises & Advice for Newbies00:10:00 Why Laundromats & Why Atlanta?00:12:15 Early Mistakes Entering the Industry00:17:16 Store #1 - Making It My Own00:21:25 An Ancillary Service00:23:07 Size of Store00:23:21 Becoming Profitable - FINALLY!00:24:25 How I Overpaid & Others Can Avoid It00:27:18 Store #2 - Complete ReTool00:29:46 Less Equipment and More Revenue??00:30:15 Creating the Best Customer Experience00:39:37 Equipment Mix - Go BIG!00:40:08 Improvements in Revenue00:41:10 Store #3 - A New Build00:42:29 Finding the Property00:47:29 How Wide Should the Aisles Be??00:54:28 Looking to Other Industries for Ideas00:57:10 Store #4 - Owning the Real Estate00:59:53 What's Next?01:01:10 A CASH AWARD for New Laundromat Owners!!01:04:06 Paying It ForwardLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
16 Mar 2022 | Adjusting Your Mindset To Create Success with Jason Drees | 00:55:26 | |
What's the Secret to Success?? Perhaps you just need to get out of your own way and adjust your thinking! Follow along with Dave "Laundromat Millionaire" Menz and his wife, Carla, as they interview performance coach, Jason Drees. Learn how your framework may be what's holding you back from achieving your goals and how to adjust your mindset to achieve whatever success you are looking for in your life!Referenced Links:The Laundromat Millionaire Conference: www.laundromatmillionaire/conferenceH-M Company Drain Troughs: https://draintroughs.comLink to get Atmosphere TV:https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”Contact Mike directly: Mike.Kelly@Atmosphere.tvGuest’s Website: www.jasondreescoaching.comGuest’s Book: https://store.biggerpockets.com/products/do-the-impossibleGuest’s Instagram: @jasondreescoachingOur website: www.laundromatmillionaire.comOur Online Course: https://dave-menz.mykajabi.com/sales-pageOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaireOur LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiGoBundance: www.gobundance.comTony Robbins: www.tonyrobbins.comCirque du Soleil: www.cirquedusoleil.comPupperoni: www.pupperoni.comJason Drees eating dog food: https://www.youtube.com/watch?v=D8GfK3wQ9d4Recommended Reading:• Rich Dad, Poor Dad by Robert KiyosakiTimestamps:00:00 Laundromat Millionaire Show Intro - Quotes02:55 Jason's Backstory05:19 Parenting While Financially Successful07:12 Startups & Tony Robbins10:45 How We Self-Sabotage14:33 Finding Your Growth Areas22:00 How to Shift Frames23:47 Following Your Gut25:32 Arrogant or Confident?28:12 Lonely at the Top31:31 Keys to Success36:40 Eating Dog Food43:09 Following Through on Your Word45:23 Why Hire a Coach?50:54 Do the Impossible!52:22 Jason's Contact InfoLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
30 Jul 2021 | Creating Profits on a Small Budget with David Gramke - Episode 14 | 01:09:16 | |
Learn how to make the most of your small laundromat on a small budget with David Gramke of Premier Laundry Solutions in Indiana. Listen as Dave "The Laundromat Millionaire" Menz and his wife, Carla discuss how he turned a career ending injury in the automobile industry into a thriving profession in laundromats. Gramke shares how he makes the most of his small space, builds a team to provide unbeatable customer service, and his journey into adding a laundry pickup and delivery service.Referenced Links:Our Guest’s website: https://premier-laundry.com/For consulting services: www.laundromatmillionaire.comOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiCoin Laundry Association: www.coinlaundry.orgRick Rome’s WashClub Trak: http://www.washclubtrak.com/Fast & Furious car race scene: https://www.youtube.com/watch?v=nfV87TgYH78Social Media fakeness clip: https://www.youtube.com/watch?v=0EFHbruKEmwTimestamps:00:00:00 Laundromat Millionaire Show Intro - Quotes00:01:48 Growing up in Germany00:07:49 Culture Shock coming to America00:10:48 Moving up the ranks in the automotive industry00:14:49 Career ending injury00:16:07 Unemployed and searching for a new profession00:17:45 What's a "laundromat"??00:19:27 Buying & Renovating 1st Laundromat00:22:19 The First Week's Revenue00:23:29 Making a small store profitable00:25:33 Serving the Community00:26:45 Differentiating a business on a small budget00:28:02 Marketing to create growth00:32:18 Changing the business strategy00:39:43 A 2nd Laundromat & Rising Competition00:43:12 Building a Team & Creating a Family Atmosphere00:50:18 Renovating the 2nd Store00:55:09 PickUp & Delivery Journey01:04:15 Final Comments01:07:05 David Gramke's contact infoLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
07 Jun 2021 | To Build or Not To Build? with JD Dixon - Episode 9 | 00:57:48 | |
Join Dave "The Laundromat Millionaire" and his wife, Carla as they interview JD Dixon, owner of National Laundry Equipment Company. Listen as they discuss the pros and cons of refurbishing existing laundromats versus building a new one. In addition, as both a distributor of laundry equipment and owner of laundromats, JD provides a tour of his newest facility and introduces viewers to the newest innovations in laundry equipment!Learn more about your ad choices. Visit megaphone.fm/adchoices | |||
22 Apr 2022 | How Do You Scale to Multiple Locations? with Matt Andrade | 00:58:30 | |
Do you want to create a chain of businesses? If so, this is the episode for you! Listen as Dave "Laundromat Millionaire" Menz and his wife, Carla discuss how he did this with Matt Andrade of the EZ Clean Laundry Centers in Taunton, Massachusetts. Matt may have grown up in the laundromat business, but it wasn't until he joined that business that it really began to grow, from 1 to 4 locations. Learn Matt's secrets for scaling a successful multi-location laundry operation, many which can be applied to any business!Referenced Links:H-M Company Drain Troughs: https://draintroughs.comLink to get Atmosphere TV:https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”Contact Mike directly: Mike.Kelly@Atmosphere.tv Guest’s Laundromat Website: http://www.ezcleanlaundry.net/Guest’s Realty Website: https://emrlty.com/Guest’s Contact Info: (774)226-5647 or mwandrade@ezcleanlaundry.netOur website: www.laundromatmillionaire.comOur Online Course: https://dave-menz.mykajabi.com/sales-pageOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaireOur LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiSan-O-Wash podcast episode: https://youtu.be/uba2xsLJh_ESan-O-Wash website: http://www.aquawingozone.com/products/sano3wash.htmlThe Clean Show: https://www.coinlaundry.org/events/the-clean-show/FAScard: https://www.laundrycard.com/products/fascardYankee Equipment: https://yankeeequipment.com/Daniels Equipment: http://www.decequip.com/Coin Laundry Association: www.coinlaundry.orgSpyderwash: https://www.setomaticsystems.com/our-technology/ESD card system: https://esdcard.com/Cents Payment System: www.trycents.comTimestamps00:00 Laundromat Millionaire Intro – Quotes02:47 Matt’s Backstory – Growing up in a laundromat07:44 The 1st Location - Broadway10:34 Keys to Scaling17:11 Location, Market Size, & Rent vs Own19:16 The 2nd Location - Tremont21:34 The 3rd Location – Winthorp23:07 Business Model & Organizational Structure25:28 Pros & Cons of Staying Open 24 Hours31:09 SanOWash Ozone System – How It Has Improved36:42 Trials of Being “The Owner’s Kid”41:50 Be Willing to Put in the Work44:03 Advice for Scaling a Business47:11 Most Impactful Piece of Technology48:55 Why Hybrid?53:30 You Get What You Put Into It!55:49 Matt’s Contact InfoLearn more about your ad choices. Visit megaphone.fm/adchoices | |||
01 Nov 2021 | Partnering to Invest in Laundromats with Ken Wimberly | 00:53:09 | |
Have you ever thought about investing in a business, but knew you couldn't do it alone? Listen along as Dave "Laundromat Millionaire" Menz and his wife, Carla, discuss with Ken Wimberly how he is rapidly growing a laundromat empire by investing with key partners. Ken also candidly shares stories from his past that have led to making him the successful entrepreneur he is today, advice on how to create a great network of fellow business owners, and tips for how he stays focused on his family despite managing several business endeavors.Referenced Links:Link to get Atmosphere TV:https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”Contact Mike directly: Mike.Kelly@Atmosphere.tvOur guest’s app website: www.legacyjournal.appOur guest’s laundry website: www.laundryluv.comOur guest’s Facebook: https://www.facebook.com/lordwimberlyOur guest’s Instagram: https://www.instagram.com/ken.wimberlyKW Net Lease Advisors: https://netleaseexperts.com/Keller Williams Realty Abilene, TX: https://www.kwabilene.com/For consulting services: www.laundromatmillionaire.comOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiGoBundance Mastermind Group: www.gobundance.comFront Row Dads Mastermind Group: https://frontrowdads.com/start-here/Texas A&M Rankings: https://today.tamu.edu/2021/08/30/washington-monthly-rates-texas-am-no-1-in-state/Texas Christian University: www.tcu.eduPerrottis Pizzaria: www.perrottispizza.comThe Ramsey Show: https://www.ramseysolutions.com/shows/the-ramsey-showCoin Laundry Association and Clean Show registration: https://www.coinlaundry.org/events/the-clean-show/Planet Laundry Magazine: www.planetlaundry.comAtlas International Laundry Distributors: www.atlaslaundry.comRecommended Reading:• Total Money Makeover by Dave RamseyTimestamps:00:00 Laundromat Millionaire Show Intro - Quotes02:40 Masterminds & Building a Network09:30 Transparency - Learning from Mistakes10:30 Academic Failure13:57 Going Through Bankruptcy18:06 Overcoming a Fear of Public Speaking20:41 Amassing Extensive Debt & Surviving a Short Sale22:16 A Financial Makeover23:43 Can Debt Be Good??25:02 Getting Into the Laundromat Industry27:05 The Vision Behind the Laundry Luv Partnership30:19 Number of Locations30:35 Management Structure in the Partnership32:14 How they learned the laundry industry34:44 Distributor/Partner/Mentor36:31 Biggest Mistake and Overcoming It39:11 The Legacy of Love App47:48 How to Manage Multiple Businesses49:28 Advice for Becoming an Entrepreneur51:46 Why called "Laundry Luv"?Learn more about your ad choices. Visit megaphone.fm/adchoices |