Explorez tous les épisodes du podcast The Laundromat Millionaire Show with Dave Menz
| Titre | Date | Durée | |
|---|---|---|---|
| Big Revenue From a Small Space with Daniel Logan | 22 Jan 2025 | 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. | |||
| Leadership That Scales with Justin Clark | 08 Jan 2025 | 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. | |||
| The 3 Questions Every Business Owner Should Ask with Mike Finger | 16 Jul 2024 | 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! | |||
| Growth & Comfort Do Not Coexist with Alex Jekowsky | 01 May 2024 | 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. | |||
| Costly Insurance Coverage Mistakes with Larry Trapani & Joel Blitzer | 27 Mar 2024 | 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! | |||
| Before You Buy More Equipment... with Horace Lewis | 13 Mar 2024 | 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. | |||
| Taking Action on a "Free" Laundromat with Yannick Tuwamo | 21 Feb 2024 | 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! | |||
| Fighting for the Independent Laundromat Owners with Jordan Berry | 24 Jan 2024 | 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. | |||
| A New Innovation in Customer Entertainment with Scott Janney | 27 Dec 2023 | 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!! | |||
| Navigating Delivery & Controlling Costs with Dave & Carla Menz | 23 Nov 2023 | 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! | |||
| Stress-Free Payroll Solutions with Justis Mullins | 01 Nov 2023 | 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!! | |||
| Scaling With Simplicity with Branden Unnerstall | 18 Oct 2023 | 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 | |||
| 4 Ways to Finance a Laundromat with Dave & Carla Menz | 11 Dec 2024 | 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! | |||
| Inject a New Revenue Stream Into Your Laundromat with Patrick Kelley of Hydro Perfect Pour | 04 Oct 2023 | 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 | |||
| Our Customer Service Strategies Revealed with Dave & Carla Menz | 13 Sep 2023 | 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! | |||
| Before You Buy That Laundromat, Analyze the Deal with Jason Worme | 30 Aug 2023 | 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. | |||
| Discount Offer for WDF 2023!! with Mark Vlaskamp | 02 Aug 2023 | 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!! | |||
| Getting Real with Alliance Laundry CEO Mike Schoeb | 05 Jul 2023 | 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! | |||
| Creating Growth & Giving Back with Dave & Carla Menz | 21 Jun 2023 | 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! | |||
| Secrets to Scaling with Joe Dan & Kelli Reed | 07 Jun 2023 | 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 | |||
| Should You Buy That Laundromat?? with Claudio Vilas S4E63 | 24 May 2023 | 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! | |||
| How To Calculate the Price You Should Be Charging for WDF Service with Dave & Carla Menz | 09 May 2023 | 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! | |||
| Laundry Service Marketing That Gets Results with Brett Lyon S4E61 | 26 Apr 2023 | 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! | |||
| A New Innovation in Clean with Craig Madson | 30 Oct 2024 | 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 | |||
| Tips from a Laundromat Construction Expert with Brian Harrington S3E60 | 22 Feb 2023 | 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. | |||
| The Art of Laundromat Valuation with Stephen Gramaglia | 01 Feb 2023 | 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!! | |||
| The Change That Increased Revenue 32% with Tim & Dustin Gill S3E58 | 19 Jan 2023 | 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! | |||
| The 3 Keys to Successful Staffing w/Dave & Carla Menz | 04 Jan 2023 | 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! | |||
| Simplifying Multi-Store Ownership w/Matt Hylton | 14 Dec 2022 | 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 | |||
| Top 10 Reasons Laundry Delivery Businesses Fail to Thrive with Dave & Carla Menz | 01 Dec 2022 | 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 | |||
| Our Big Reveal for Laundromat Owners with Dave & Carla | 16 Nov 2022 | 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 | |||
| Self-Serve: What Price Is Right?? | 03 Nov 2022 | 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 | |||
| Laundromat Floods: Proactive vs Reactive | 20 Oct 2022 | 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 | |||
| Are Laundromats "Cash Cows"? with Dave & Carla Menz | 05 Oct 2022 | 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 | |||
| Landing & Bidding "Commercial" Accounts with Dave & Carla Menz | 16 Oct 2024 | 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. | |||
| Should You Buy or Lease? with Raphael Collazo | 21 Sep 2022 | 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 | |||
| Wash-Dry-Fold: Best Pricing Strategy with Dave & Carla Menz | 14 Sep 2022 | 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 | |||
| Negotiating a Favorable Lease with Dave & Carla Menz | 07 Sep 2022 | 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 | |||
| The 5 Steps to Laundromat Success with Steve Burk | 31 Aug 2022 | 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 | |||
| The 4 Keys to Scalable Pick-Up & Delivery | 24 Aug 2022 | 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 | |||
| Improvements That Pay for Themselves with Matt Zinicola | 17 Aug 2022 | 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 | |||
| Building a Lending Powerhouse with Michael Fanger & Brian Grell | 10 Aug 2022 | 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 | |||
| The 6 Essentials Before You Buy a Laundromat with Dave & Carla Menz | 27 Jul 2022 | 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 | |||
| Why I Left HappyNest with Dave Menz S3 E42 | 19 Jul 2022 | 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 | |||
| Should Coins Be Extinct? S3 E41 Laundromat Millionaire Show | 13 Jul 2022 | 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 | |||
| A Great Facility Isn't Enough with Drew & Leah Boggs | 02 Oct 2024 | 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! | |||
| How Do I Create Wealth for Generations? with Rachel Marshall & Bruce Wehner | 27 Apr 2022 | 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 | |||
| How Do You Scale to Multiple Locations? with Matt Andrade | 22 Apr 2022 | 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 | |||
| Eliminate Fear & Find Success with Patch Baker | 13 Apr 2022 | 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 | |||
| Time to Change Your Prices?? with Waleed Cope | 06 Apr 2022 | 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 | |||