Podcast appearances and mentions of dave menz

#372 In part two of our masterclass with Dave Menz, the Laundromat Millionaire, we shift from customer experience to the operational engine that drives a truly scalable business. Dave reveals how documented systems, strong SOPs, and empowered employees are the foundation of long-term success — not just in laundromats, but in any service-based business. From unclogging drains before they flood your store to building a business that thrives while you're on vacation, this episode is packed with tactical wisdom and real-world examples. We also explore innovative revenue streams, the truth about passive income, and how digital marketing is reshaping this traditionally overlooked industry. If you're serious about building a business that runs without you, class is in session again with Dave Menz! What we discuss with Dave: + Systems create true scalability + SOPs prevent costly emergencies + Maintenance must be proactive + Full-service laundromats win loyalty + Attended stores attract premium clients + Marketing works if product stands out + Revenue varies by market density + Partnerships can boost utilization + Always improve processes and systems + Humility and curiosity drive growth Thank you, Dave! Check out Laundromat Millionaire at LaundromatMillionaire.com. Check out Queen City Laundry at QueenCityLaundry.com. Follow Dave on Facebook and LinkedIn. Watch the ⁠⁠⁠⁠video podcast⁠⁠⁠⁠ of this episode! And follow us on: Instagram Facebook Tik Tok Youtube Twitter To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors. Want to hear from more incredible entrepreneurs? Check out all of our interviews here! Learn more about your ad choices. Visit megaphone.fm/adchoices

#370 What if you could build wealth by revitalizing one of the most overlooked industries in America? In this episode hosted by Kirsten Tyrrel, we sit down with Dave Menz, the Laundromat Millionaire, who turned a failing, run-down laundromat into a multimillion-dollar empire by focusing on one key principle: serve your community better than anyone else. Dave shares how modernized laundromats are transforming neighborhoods, why customer experience is the ultimate differentiator, and how even with zero business background, you can start small and scale big. From flipping "zombie mats" to creating full-service laundry hubs with delivery, Dave reveals the untapped potential hiding in plain sight — plus the emotional rollercoaster and sacrifice that come with the entrepreneurial path. This is part one of a two-part masterclass that will forever change the way you view the laundromat business! What we discuss with Dave: + Turning "zombie mats" into assets + Serving community as wealth strategy + Differentiating through customer experience + Importance of modernized laundromats + Three ways to enter the industry + Hidden demand in overlooked areas + Comfort and design as market edge + Full-service laundry model breakdown + Reinvesting profits to scale + Entrepreneurship as emotional growth journey Thank you, Dave! Check out Laundromat Millionaire at LaundromatMillionaire.com. Check out Queen City Laundry at QueenCityLaundry.com. Follow Dave on Facebook and LinkedIn. And follow us on: Instagram Facebook Tik Tok Youtube Twitter To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors. Want to hear from more incredible entrepreneurs? Check out all of our interviews here! Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to Laundromat Resource! In today's episode, we have an inspiring and insightful conversation with Nicholas Constantinou, a former full-time teacher who transitioned to owning and operating multiple laundromats. Join our host, Jordan Berry, as he delves into Nicholas's entrepreneurial journey from seizing opportunities during the pandemic to establishing a thriving business in Queens, New York.Nicholas shares his innovative strategies, from starting a pickup and delivery service to balancing operations between two laundromats located just two miles apart. We discuss crucial lessons in managing customer satisfaction, pricing strategies, and the continuous need for learning and personal development. You'll hear about the challenges and rewards of being fully committed to the laundromat industry, the importance of treating employees with respect, and the profound realization that putting people first can lead to long-term business success.Tune in to discover how Nicholas turned initial setbacks into opportunities for growth, the pivotal role of cleanliness in running a successful laundromat, and his unique approach to creating a welcoming customer experience. Plus, get valuable tips for aspiring and current laundromat owners alike. This episode is packed with actionable insights, from leveraging industry events for networking to the necessity of understanding your business numbers. Don't miss this remarkable story of resilience, innovation, and passion for the laundry industry!In this episode, Jordan and Nicholas discuss: 00:00 Join our mastermind group, it's invaluable.05:53 Transition from school to working in laundromat.15:27 Invested in business, renovated, and saw success.20:44 Renovated laundromat, underestimated time, cleared gang turf.27:00 Learning from others' practices; business is personal.32:55 Dave Menz praises great, customer-oriented employees.34:23 Valuing, supporting employees is essential for business.40:31 Set the standard, remove toxic employees.47:49 Presence and trust created successful laundromat atmosphere.51:19 Laundry environment with school theme and instruction.56:07 Laundromat confronted with overwhelming delivery volume, expands successfully.01:01:46 Adaptation and adjustments crucial for successful expansion.01:07:59 Your people first, profit will follow.01:11:45 Cleaners app offers transparent pricing and convenience.01:18:10 Variation in pickup and delivery fees by market.01:26:16 Increase prices, switch to card system, worthwhile.01:28:11 Government-funded card system enhances laundry safety.01:32:54 "Learn by doing, bring a guide. Yep."01:40:58 Take action, learn by doing, share progress.Show Noteshttps://laundromatresource.com/show160ResourcesEmail: mrcleanersnyc@gmail.comWebsite: www.mrcleanersnyc.comSocial Media Links: mrcleanersnycConnect With UsYouTubeInstagramFacebookLinkedInTwitterTikTok

Dave Menz is a top thought leader in the laundromat business, having scaled to $900K per month. In today's interview we dig into his story of starting his laundromat business as a lucrative side hustle and evolving accidentally into the Laundromat Millionaire. His drive for helping others to succeed and his ability to systemize processes have taken his business to the next level. If you've considered starting a laundromat business or side hustle, this is the episode you do not want to miss. Key Takeaways:You can start this as a side hustle. Dave did so for 4 years while working his corporate job. Laundromats are an asset to the community. It's a necessary resource and not going out of style.As a top thought leader in the industry, Dave has helped hundreds of people start their own businesses.Resources:Take Dave's course on UpFlip Academy: https://www.upflip.com/academyConnect with Dave: https://www.instagram.com/laundromatmillionaire/Connect with UpFlip: On Facebook On Instagram @UpFlipOfficial on Twitter For more insights to start, build, or grow a business, check out the resources on UpFlip.com or head to the UpFlip YouTube channel to see more interviews with business owners and experts. Thanks for listening!

Welcome to the latest episode of Laundromat Resource, where we delve into the world of laundromat businesses. In this episode, we're joined by special guest Dave Menz, a seasoned veteran in the industry. Together, they tackle a range of hard-hitting topics, from industry challenges and the controversial nature of established organizations to the key to personal and professional success. Dave Menz also shares his experiences and insights, from overcoming obstacles to thriving in seemingly less-than-ideal markets. With a focus on collaboration, unity, and sharing platforms and voices, this episode promises to be both insightful and thought-provoking. So join us as we dive into the heart of the laundromat business and explore new possibilities for growth and success.In this episode, Jordan and Dave discuss: 00:00 Excited about offering discounted course on laundromats.10:13 Dave's YouTube, social media, laundromat millionaire.com. Links for connection provided in show notes.15:32 Real estate success: Fixed up, appraised high.16:55 Transformed failing store, opened vibrant laundromat.25:10 Success is about personal growth and learning.31:26 Encouragement for new laundromat owners to share.36:34 Long-term commitment to laundromat business and multi-generational investment.41:18 Being transparent about project despite industry skepticism.45:46 Sharing industry insights, success in podcasting business.49:42 Extensive service coverage in store's 5-20 mile radius.56:13 The Coin Laundry Association serves vendors, not owners.01:00:02 Declining event invites due to industry concerns.01:10:32 Owner seeks better treatment from industry organizations.01:15:29 Cooperate, support, and succeed together for change.01:19:40 Recognition and encouragement for independent platform growth.01:25:59 Helping owners and communities thrive in businesses.01:31:39 Platform focused on ongoing value for the audience.01:34:53 New workshops and free resources for industry.01:42:47 Sell more equipment, win together, tough conversation.01:44:15 Take action on your New Year goals.Episode 140 Forum DiscussionShow Notes-https://laundromatresource.com/show140Resourceshttp://www.laundromatmillionaire.com/Show SponsorsAtmosphereTV- 50+ channels of positive, fun TV programming, allowing you to cut your cable bill and create a great atmosphere in your laundromat! Get the registration fee waived by using this link!https://atmosphere.tv/partner/laundromat-resourceConnect With UsYouTubeInstagramFacebookLinkedInTwitterTikTok

This week's guest is now a laundromat industry veteran, but he wasn't always! Now he and his wife are the owners of the Queen City Laundry Chain of Laundromats in Cincinnati, Ohio. This week's guest's story is an inspirational journal from poverty growing up in Flint, Michigan to becoming a millionaire has inspired many entrepreneurs to try and overcome their own obstacles while building wealth. He is obsessively driven to help, teach, and inspire others while elevating the laundromat industry to a whole new level through networking, services, and collaboration. He is also the host of the “Laundromat Millionaire Business Podcast” which is a must-listen. In this week's episode, we discussed: From dropping out of college to Laundromat Millionaire The “If they can do it, why can't I?” Mindset How He Makes His Kids Be Entrepreneurial Diversifying Business Within 1 Industry Look For Ways To Help Others His Entrepreneurship 101 Class Much More! Enjoy this week's episode of The 20% Podcast! ____________________________________________________________________________ I am now in the early stages of writing my first book! In this book, I will be telling my story of getting into sales and the lessons I have learned so far, and intertwine stories, tips, and advice from the Top Sales Professionals In The World! As a first time author, I want to share these interviews with you all, and take you on this book writing journey with me! Like the show? Subscribe to the email: https://mailchi.mp/a71e58dacffb/welcome-to-the-20-podcast-community I want your feedback! Reach out to 20percentpodcastquestions@gmail.com, or find me on LinkedIn. If you know anyone who would benefit from this show, share it along! If you know of anyone who would be great to interview, please drop me a line! Enjoy the show!

He was fully committed to having a career. That was until Dave Menz lost his pension. Realizing the power the corporate world wielded, he decided to finally pursue his dreams of entrepreneurship. How did this guy without a degree go from employee to entrepreneur? How did he build that business into a million-dollar franchise? Listen in as Dave Menz talks about his struggle with school and how learning on the job proved to be more beneficial for him. Dave discusses his early career, his transition to entrepreneurship, and his strategy for purchasing and growing laundromat businesses, the importance of community and job experience. Timestamps:(00:38) — Podcast Intro (00:54) — Dave Menz's Intro(02:26) — Blueprint for Success(07:45) — Salary Range & Return on Investment for a Laundromat Business(12:28) — High School Experience(14:55) — Making Money in High School(16:40) — Dropping out of College & First Post-College Career(24:44) — Walking Away After 17 Years (28:13) — Purchasing and Growing the First Laundromat Business: Steps and Challenges(35:43) — What it Takes to Revive a Run-Down Laundromat Business(41:29) — Vertical Integration, Business Optimization and Keys to Success in a Laundromat Business(49:38) — Advice to Younger Self (53:01) — OutroSupport/Contact Dave:* LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/ Books and resources mentioned in this podcast:* Resume course: https://bit.ly/podcastpcav  * Podcast: The Laundromat Millionaire Show: https://laundromatmillionaire.com/podcast/ Need career or resume advice? Follow and/or connect with Jonaed Iqbal on LinkedIn.* LinkedIn: https://bit.ly/JonaedIqbalND Connect with us on social media!* LinkedIn: https://bit.ly/NoDegreeLinkedIn* Facebook: https://bit.ly/NoDegreeFB* Instagram: https://bit.ly/NoDegreeIG* Twitter: https://bit.ly/NoDegreeTW* TikTok: https://bit.ly/3qfUD2V* Join our discord server: https://bit.ly/NoDegreeDiscordThank you for sponsoring our show. If you'd like to support our mission to end the stigma and economic disparity that comes along with not having a college degree, please share with a friend, drop us a review on Apple Podcast and/or subscribe to our Patreon: https://www.patreon.com/nodegree.Remember, no degree? No problem! Whether you're contemplating college or you're a college dropout, get started with your no-degree job search at nodegree.com.

Welcome to the PlanetLaundry Podcast – brought to you by PlanetLaundry, the magazine of the Coin Laundry Association. In this special episode, recorded in San Diego at CLA's 2023 Excellence in Laundry Conference, PlanetLaundry Editor Bob Nieman chats with “The Laundromat Millionaire” Dave Menz – author, laundry coach, and the owner of Queen City Laundry, a chain of full-service stores in Cincinnati, Ohio. We hope you enjoy this conversation. We invite you to listen to more PlanetLaundry Podcasts at https://planetlaundry.podbean.com

Welcome to the PlanetLaundry Podcast – brought to you by PlanetLaundry, the magazine of the Coin Laundry Association. In this special episode, recorded in San Diego at CLA's 2023 Excellence in Laundry Conference, PlanetLaundry Editor Bob Nieman chats with “The Laundromat Millionaire” Dave Menz – author, laundry coach, and the owner of Queen City Laundry, a chain of full-service stores in Cincinnati, Ohio. We hope you enjoy this conversation. We invite you to listen to more PlanetLaundry Podcasts at https://planetlaundry.podbean.com

Visit www.EAInterviews.com/DaveMenz for episode-specific show notes & www.EAInterviews.com for complete show notes of every podcast episode. On today's episode, we learn from Dave Menz the Laundromat Millionaire: From Poverty To Purpose With The Grit to Elevate An Industry

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” o Contact Mike directly: Mike.Kelly@Atmosphere.tv Guest's Website: https://the-laundrybin.com Guest's Facebook: https://m.facebook.com/TheLaundryBinPA/ Guest's Email: thelaundrybin@outlook.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 Bigger Pockets Real Estate: www.biggerpockets.com Bigger Pockets Business: https://www.biggerpockets.com/biggerpockets-business-podcast Bigger Pockets Episode w/Dave Menz: https://www.biggerpockets.com/blog/biggerpockets-business-podcast-56-dave-menz Laundromat Resource: https://laundromatresource.com/ Planet Laundry Podcast: https://planetlaundry.com/articles/podcasts/ Coin Laundry Association: www.coinlaundry.org Pittsburgh Laundry Systems: www.pittsburghlaundry.com Cents Software: www.trycents.com SanOWash Ozone System: https://www.aquawingozone.com/products/sano3wash.html Timestamps 00:00 Laundromat Millionaire Intro 04:52 Steve's Backstory 08:41 Why Laundromats? 09:57 How to Research the Industry 12:00 His Vision for a Laundromat 18:24 Finding the Right Laundromat 21:31 Assessing & Redoing the Layout 25:10 Benefits of a Rockstar Distributor AND an Experienced Coach 29:32 The Finished Product 32:40 A Focus on Customer Service 35:13 Maximizing Through-Put 38:41 The Drop-Off Area 43:35 Why Starting With No Employees 45:19 Adding Pick-Up & Delivery 45:51 Pricing Strategies 48:23 Using Dollar Coins 51:19 SanOWash Ozone System 52:52 What's Next for Steve 54:05 Biggest Mistakes 57:46 Best Decisions 1:00:40 Steve's Contact Info Learn more about your ad choices. Visit megaphone.fm/adchoices

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.com Link to get Atmosphere TV: https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE” Contact Mike directly: Mike.Kelly@Atmosphere.tv To Purchase Conference Videos: https://dave-menz.mykajabi.com/sales-page-7fc0b0fb-ee5f-485c-b81f-da72a6210abc 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.happynest.com/locations/ohio/cincinnati The Clean Show: https://the-clean-show.us.messefrankfurt.com/us/en.html Laundromat Millionaire Conference Videos: https://dave-menz.mykajabi.com/sales-page-7fc0b0fb-ee5f-485c-b81f-da72a6210abc Podcast Episode with Brian Henderson: https://youtu.be/e_T9GAL1qdM Laundromat Resource: www.laundromatresource.com Jordan's Interview with Alex Jakowski: https://laundromatresource.com/show59/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Dave Menz, AKA the Laundromat Millionaire, is back for part two of our conversation. This time around we chat operations, books, and the Laundromat Millionaire Conference.

Dave Menz, AKA the Laundromat Millionaire, wears many hats – successful business owner, author, podcaster. In this first of a two-part series, we talk about how his start in life in Flint, Mich. equipped him with the grit to overcome hurdles and achieve success on a variety of levels.

Are you fascinated by the success stories of other entrepreneurs? Today, learn from Dave Menz, the Laundromat Millionaire, Dave Menz's inspirational story, learn the secrets of his success, and find out how you can overcome your own obstacles while building wealth. https://www.youtube.com/watch?v=trhxZsJ0cdc Tune in now! Table of contentsLearning the Laundromat RopesCraigslist BusinessThe Beginning of the Laundromat MillionaireOn Rejection and PerseveranceBuying the Next LaundromatDelayed GratificationServing a CommunityRaising the Bar for All BusinessesA Better Family FutureGet The Laundromat MillionaireAbout Dave Menz, Laundromat MillionaireBook A Strategy Call Learning the Laundromat Ropes When you're running a business, there's textbook knowledge and boots-on-the-ground knowledge. Dave Menz is the kind of entrepreneur with real boots on the ground experience running a successful business.  [3:11] “I grew up really poor as a young kid, in Flint, Michigan. And I was never very good at school, and I didn't see a traditional corporate path for me. It just wasn't in my DNA… I didn't know anyone that was an entrepreneur or a business owner. But I was always just, from afar, admiring people that were without knowing them.” [3:40] “I don't like limitations, I don't like people or organizations or things telling me that I can't accomplish x. I like to believe that if I spend enough time and gain the knowledge, and have the right mentors, and the right opportunities—good ol' fashioned grit plays a part in that, for sure—that I can accomplish almost anything that I want to. Or at least I'm going to die trying.” This mindset, Dave shares, is what he thinks called him to entrepreneurship. While he didn't start his path as a business owner right away, he always had a keen interest in how businesses were operated. This prepared him for one day taking over his own. When Dave knew he was ready to own his own business, he and his wife began saving and spent 3 or 4 years preparing for what would be their first laundromat.  Craigslist Business Dave actually found his first laundromat on Craigslist, after time spent researching the kind of business he wanted to own.  [11:45] “I just started down the path of due diligence with every business that I found on Craigslist or anywhere else. And every time… I came to a point where there was either a red flag or multiple red flags, that just said ‘this isn't for you.'” Dave views himself as being somewhere in the middle of analysis paralysis and reckless—he's a great, detail-oriented researcher, but he doesn't get too hung up on choices. He can recognize when it's time to move on from an idea. With the laundromat, there were no red flags he could find, so he just went for the deal.  The Beginning of the Laundromat Millionaire When Dave bought the laundromat for $85,000, it was losing money. But he also saw an opportunity in the business, and he knew he could do something great with it. All the nearby laundromats were in similar or worse condition.  [13:57] “I thought, well, I don't know a lot about business, but I do understand the laws of supply and demand. And I know my community. I've lived here for a long time. It's a thriving, growing suburb in Cincinnati. It doesn't appear that any of these laundromats are serving this community well, and so if I fix it up and make it a nice place, seems to me like it should grow and should become profitable.” Over the 4 years Dave and his wife had saved, they had $35,000. They used $20,000 as a down payment. However, they had trouble getting a bank to back them. In fact, they had 25 rejections. This prompted them to look for funding elsewhere, and they ended up getting an SBA loan through a local credit union. After about 11 months, the first laundromat began making 3-4,000 a month.  On Rejection and Perseverance The rejections Dave faced are almost a story of their own—one of resilience.

As of 2022, there are 18,264 laundromat businesses in the United States that generate about $5 billion in combined nationwide gross annual revenue. In this episode of The Agent of Wealth Podcast, host Marc Bautis is joined by Dave Menz, aka “The Laundromat Millionaire.” Menz is the Founder and Owner of Queen City Laundry, host of Laundromat Millionaire Show and the author of Laundromat Millionaire: The Grit to Elevate an Industry. Together, they break the stigma of laundromat ownership by uncovering the real facts and figures that led to Menz's millionaire status. In this episode, you will learn:How to enter the laundromat business, including how much capital is needed to start and how to identify strong locations.How laundromats can evoke change in disparaged communities.Tips for operating and staffing a laundromat business.How to grow your laundromat business from a passive income source to a fully operated, fully staffed location.And more!Resources:Laundromatmillionaire.com | Queen City Laundry | Laundromat Millionaire Show | Laundromat Millionaire: The Grit to Elevate an Industry | Bautis Financial: (862) 205-5000

Scaling a small business has its challenges, and each of us face a unique journey due to our strengths, weaknesses, and interests!  In this show, you will hear how to: chase the next level of success, study business to help make the right decisions right now, and incorporate a three-to-five-year vision to create a lasting business. Jess Dewell talks with Dave Menz, Founder of Queen City Laundry and Laundromat Millionaire, about repeating successes, the continued growth, and changing industry along the way. —--------- If you want to continue to look for inspiration to creatively or innovatively approach decision-making and problem-solving, use the experiences of other business owners who have created great companies. Try Fast Track Your Business today to keep learning and growing and stay intentional as you work strategically on your business. -------------------- Feel like you need a bit of help with some business direction? Then ACT to Plan by contacting Jess for a 30-Minute Unstuck Quick Consult. You'll discuss your aims, where you are, and where you should be to move deliberately toward your team-building goals! -------------------- If you want to stay informed and plan for a successful year, download the Annual Red Direction Business Management Report and get access to survey findings and information to help navigate volatility and uncertainty. You can get in touch with Jess Dewell on Twitter,  LinkedIn or Red Direction website.

In today's episode, you will hear Dave “Laundromat Millionaire” Menz share his leadership journey from being your everyday average high school student to becoming a millionaire business owner in an industry with a not so clean reputation. Arguably one of the less "sexy" kinds of businesses to own, laundromats have nonetheless been very good to Dave. His story showcases why sometimes going against the popular grain grants you the biggest harvest. Dave is a laundromat industry veteran and the owner of the Queen City Laundry Chain of Laundromats in Cincinnati Ohio. His inspirational journey from purchasing a struggling laundromat to becoming a millionaire has inspired many entrepreneurs to try and overcome their own obstacles while building wealth. 

I had the great pleasure to chat with Dave Menz, a self-made man who dreamt about entrepreneurship as a kid. Dave experienced struggle and hardship early on but he never took his eyes off the prize. His tenacity and constant curiosity paid off as he found his calling in owning laundromats. Dave also knew that bringing a service business to the community meant ‘people first' and that success would follow with this business model. It certainly has!   Dave Menz https://laundromatmillionaire.com https://www.linkedin.com/in/dave-laundromat-millionaire-menz/ https://www.facebook.com/laundromatmillionaire https://www.youtube.com/channel/UC7nSEWmFmKl5l55T5icmNVw https://podcasts.apple.com/us/podcast/the-laundromat-millionaire-show-with-dave-menz/id1558159182   Dreams and Detours: https://www.dreamsdetours.com Instagram: https://www.instagram.com/dreamsdetours/ LinkedIn: https://www.linkedin.com/company/dreams-and-detours/   Thanks for listening! It means so much to us that you listened to our podcast! If you would like to continue the conversation with us, head on over to LinkedIn or Instagram @dreamsdetours. With this podcast, we are building a community of life storytellers that we hope inspire, encourage and challenge our listeners to step toward their desires. If you know somebody who would benefit from this message, or would be an awesome addition to our community, please share it using these social media links and reach out to us.   Do you have feedback or questions about this episode? Please leave a note in the comment section below and rate, review and subscribe. We appreciate every bit of feedback to make this a value adding part of your day. Ratings and reviews from our listeners not only help us improve, but also help others find us in their podcast app. If you have a minute, a review on iTunes goes a long way. Thank You!!

Welcome to the Business with Beers  Happy Hour!It's a short, solo episode in which IHighlight some gold nuggets from a recent guest,Talk about how I am going to apply that advice in my life, and Provide some updates on my personal business & investing journeyThis episode marks a special milestone for me. It's my 50th live episode for the podcast! My first recording was done a little over a year ago on February 4th, 2021 with Brian Johnson from Mailshark. I'll share more about the growth and getting over the fear of starting!This week I had Dave Menz, the laundromat millionaire on the show. I first heard Dave on the Bigger Pockets Business podcast over 2 years ago. Back then I reached out to Dave via Facebook to find out more about the laundry business. He was kind enough to chat with me, answering my questions and providing some great insights. To learn more about the concepts discussed podcast go to https://www.brianbeers.com and sign up for Brian's free weekly newsletter delivering content directly to your inbox.Connect with Brian you can follow him on Instagram and facebook, connect on LinkedIn or email brian@beerspodcast.comRemember to take the actions other won't to live the life others don't.

This week I've got Dave Menz, also known as the “Laundromat Millionaire” on the podcast. In this episode Dave shares his story on how he came from nothing to now owning multiple locations that do millions in sales. Dave shares some great tips on what makes a great location, how to value them, and what profitability you can expect. Dave has done a great job in pivoting from working in his business to own his business as he's scaled it. He's now focused on helping other business owners improve their operations. This is a great episode that will definitely open your mind to the opportunities that exist within the laundry business.  If you enjoyed  this episode please share it with your friends, rate & review with your favorite part to help us reach more people.To learn more about the concepts discussed podcast go to https://www.brianbeers.com and sign up for Brian's free weekly newsletter delivering content directly to your inbox Connect with Brian you can follow him on Instagram and facebook, connect on LinkedIn or email brian@beerspodcast.comLinks:Laundromatmillionaire.com Book Links :Laundromat Millionaire: The Grit to Elevate an Industry - Dave Menz$100M Offers: How to Make Offers So Good People Feel Stupid Saying No - Alex Hormozi

Register for the conference here: https://laundromatmillionaire.com/laundromat-millionaire-conference/Laundromat Millionaire Conference Speakers & Panelists podcast episodes:Luke WillifordRoss DoddsAlex JekowskiSteve AndrewsChris MichalikShow Noteshttps://laundromatresource.com/show83Show SponsorsAtmosphereTV- 50+ channels of positive, fun TV programming, allowing you to cut your cable bill and create a great atmosphere in your laundromat! Get the registration fee waived by using this link!https://atmosphere.tv/partner/laundromat-resourceLaundromat Resource Marketing- We know marketing and we know laundromats! Let us help you build your website and market your laundromat today!https://laundromatresource.com/getonlineLinksLaundromat MillionaireLaundromat Millionaire ConferenceLaundromat Millionaire BookLaundromat Millionaire CourseGet ConnectedJoin Laundromat ResourceLaundromat Marketplace- Sell Your Laundromat [free listings]Diligence Capital InvestmentsLaundromat Investor ResourcesLaundromat Resource EventsLaundromat Resource ForumsLaundromat Resource BlogBe a guest on the podcastLaundromat Resource Coaching* Some links may be affiliate links in which the channel owner may receive compensation when you make a purchase using those links. Thank you for supporting the channel

Everyone has something that they are living through that they want to get out of, whether it is poverty or an emotional trauma and so on. In today's episode Dave shares with us what motivated him to get to where he is today. My Guest: Dave Menz Dave “Laundromat Millionaire” Menz is a passionate Entrepreneur, Husband, and Dad from Cincinnati, Ohio. He is the owner of the Queen City Laundry Chain of Laundromats and the author of the Laundromat Millionaire (to be released in October 2021). What makes Dave unique is the path he took to achieve his success. From poverty, to a corporate career, to taking the plunge into business and turning a struggling laundromat (that he bought off of Craigslist) into a cash-flowing multi-million dollar asset, Dave's journey was anything but typical. Having fine tuned his operations over a decade, surrounded by his Rockstar team, Dave is obsessively driven to help, teach and inspire others while elevating the laundromat industry to a whole new level through networking, service and collaboration. Pivotal Moments ·       From a struggling business to Millions ·       Self Employed vs. Business Ownership Quote If I can, you can Links & Resources www.Laundromatmillionaire.com Show: http://www.estierand.com/breakthrough (www.estierand.com/breakthrough) Part 1 of this episode where you hear more go to https://www.estierand.com/captivate-podcast/laundromat-millionaire-with-dave-menz-1 (estierand.com/140-1) Did you enjoy this episode? Then https://itunes.apple.com/us/podcast/estie-rand/id1358797306?mt=2&ls=1 (subscribe to my podcast on iTunes), so you can get automatic updates whenever another episode goes live (and you will be helping me get to #1 on iTunes, making us all cooler in the process!)

This week's Misfit Entrepreneur is Dave Menz. Dave is known as the “Laundromat Millionaire.” He grew up in poverty and had to overcome tremendous challenge to find success. And he did it by doing something obvious, but unique – upping the game in an industry that was resting on its laurels, the laundromat space. He started by doing what I have come to call “chicken entrepreneurship,” building a business on the side while working a job. And now he's a millionaire multiple times over and the author of the forthcoming book, Laundromat Millionaire – the Grit to Elevate and Industry. Dave has a true rags to riches story that I cannot wait for him to share with you. www.LaundromatMillionaire.com Dave grew up poor in Flint, Michigan. He lived in a rough neighborhood but had good parents. They didn't have much money, but they had a good family. He learned that no one was going to hand him anything, but that he could make it happen for himself if he pursued it. He always had an entrepreneur streak in him, but as he grew up, he “took the bait” of corporate America and had the stereotypical middle-class lifestyle. It was in is late 20's that he realized that it really wasn't what it was cracked up to be. He had kind of sold out on his dream of being an entrepreneur. So, over the next 5 years he and his family lived well below their means and saved to buy a business. They didn't know what it was, but they needed seed money. Over those 5 years, he and his wife worked really hard at their plan and looked at every business he could find, but none of them checked all the boxes until he came across a laundromat a few miles from his house. He didn't see any red flags in his diligence, but he saw tremendous opportunity and he seized it. The laundromat was “a complete dump and losing money” when they bought it. After going to work, nowadays Dave owns 5 laundromats and the real estate with them and has built a multi-million-dollar business. They even had a laundry pickup and delivery service. Now Dave's personal mission is to elevate the industry. Why did you choose the laundromat business over all the others you looked at? A lot of the negative conceptions about laundromats as opportunities. Dave believes the laundromat business is the best small business in America. Laundromats are a simple cash business with no accounts receivable, no inventory, simple book-keeping, and minimal employees to manage. It is also a simple business to run that is steady. It is also a vital community resource that is recession resistant. It is a business about people who need a good service and that is the opportunity – where many owners just maintain a laundromat, it can be and do so much more. It can almost be boring because it is consistent, but not “sexy.” At the 10 min, Dave talks about being an entrepreneur in the general sense and the gift that it is. Dave would find that he was proud to be an entrepreneur and own a business, but when told people what kind it was, he could see the look on their face. He also talks about the laundromat business in general. What did you learn and do to differentiate your business? Most people that run laundromats treat it as a side hustle that they don't have to do much with. That sets the bar low. Dave treated it as a true business who cared for its customers. The bar was already set low for wowing people. For example, having a very clean and well-kept store. Having an attendant available to help people. Dave created standards such as high customer service, having attendants, and creating a better value proposition. It didn't happen overnight and he continued to work for almost 5 years at his job while putting every extra hour and extra dime into building and making the business better. Dave's philosophy: As a human being, he wants to be a better version of himself each day. A better husband, a better dad, and a better business owner. You found your business on Craig's List. Was that luck or is there still opportunity to find businesses to buy there? There is still opportunity there. It's an overlooked place At the 21 min mark, Dave talks about the love being an entrepreneur and running a good business, no matter what the product is. You can go onto Craig's List under the “Businesses for Sale” area and find many different ones there. There are “diamond in the roughs” to be found. You talk a lot about “Grit.” Define grit how you see it. The willingness to do anything that is legal and ethical. It is never quitting. It is not what you do, it is who you are. It is a mentality. There are lot of people out there that want to be an entrepreneur but aren't willing to do the things necessary. They just want the fun. They don't have the risk tolerance They aren't willing to delay gratification They don't understand everything that goes into it. At the 29 min mark, Dave talks about how he was grinding and pushing so hard, that he woke up one day and started getting ready for work and his wife looked at him and said, “What are doing? It is Christmas Day.” “To get things in life that most people in life don't ever achieve, you have to be willing to do things that other people are not willing to do.” What advice do you have for those looking to build their business while working a job? Sacrifice. You will have to sacrifice to make it. You will have to delay gratification and think long term. None of us are guaranteed a tomorrow, so we must make the most of it. Make sure you are living your authentic self. At some point, you will reach a point where you entrepreneur income equals you job income and that is freeing and empowering. For Dave, his job came first as his primary source of income, and he did whatever he had to give an honest day's work for an honest day's pay. Dave stayed longer than he had because he could do both well and it helped him to have extra cash to pay debt and other things. “When you start, you need your job. In the middle, you want your job. And in the end, you are done with your job.” How you make decisions in life is reflective of needs and wants and where your priorities are in life. Dave got to a point where he did not have to do overtime, etc. ​ At the 38 min mark, Dave and I talk about self-education and the important of that journey in helping you as an entrepreneur. Don't every stop pushing the envelop when it comes to your self-development.   Best Quote: To get things in life that most people in life don't ever achieve, you have to be willing to do things that other people are not willing to do.   Dave's Misfit 3: Be your authentic self. The beauty of business ownership is that you get to decide what your business looks like and what it doesn't. Be passionate about something. Live a fulfilled life. Do not be here to “exist.” Serve others. Look for opportunities to make a difference. Always do what is right. Show Sponsors: Athletic Greens (Free Year Supply of Vitamin D and 5 Travel Packs) AthleticGreens.com/Misfit Five Minute Journal www.MisfitEntrepreneur.com/Journal  

Everyone has something that they are living through that they want to get out of, whether it is poverty or an emotional trauma and so on. In today's episode Dave shares with us what motivated him to get to where he is today. My Guest: Dave Menz Dave “Laundromat Millionaire” Menz is a passionate Entrepreneur, Husband, and Dad from Cincinnati, Ohio. He is the owner of the Queen City Laundry Chain of Laundromats and the author of the Laundromat Millionaire (to be released in October 2021). What makes Dave unique is the path he took to achieve his success. From poverty, to a corporate career, to taking the plunge into business and turning a struggling laundromat (that he bought off of Craigslist) into a cash-flowing multi-million dollar asset, Dave's journey was anything but typical. Having fine tuned his operations over a decade, surrounded by his Rockstar team, Dave is obsessively driven to help, teach and inspire others while elevating the laundromat industry to a whole new level through networking, service and collaboration. Pivotal Moments ·       From a struggling business to Millions ·       Self Employed vs. Business Ownership Quote If I can, you can Links & Resources www.Laundromatmillionaire.com Show: http://www.estierand.com/breakthrough (www.estierand.com/breakthrough) Part 2 of this episode where you hear more go to estierand.com/140-2 Did you enjoy this episode? Then https://itunes.apple.com/us/podcast/estie-rand/id1358797306?mt=2&ls=1 (subscribe to my podcast on iTunes), so you can get automatic updates whenever another episode goes live (and you will be helping me get to #1 on iTunes, making us all cooler in the process!)

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Having worked and seen how customer service has become a lost art in the corporate world, Dave Menz is committed to creating an environment that wows the customers within just five steps of them walking in the door. Powered by his passion and grit to elevate the laundromat industry, Dave now owns a multi-million dollar chain of laundromat stores. Even though people come to do laundry, which is the second most hated household chore in America, his goal is to make it a positive experience instead of a dreaded, negative one. This episode is part of the Build Your Wealth series where we bring experts to share and offer insights, value, and lessons learned throughout their journey of building and creating wealth for themselves. Here are some power takeaways from today's conversation: Dave's eureka moment when he felt he was a sellout How he became the laundromat millionaire Wowing the customer by turning a negative experience into a positive The concept of vertical integration Leveraging your knowledge and experience through coaching Why get into a laundromat business Episode Highlights: Wowing the Customer Service and servitude must be at the foundation of any business. If you want a successful business, you have to create jobs for people in a way that they love coming to work each day, even if they work in a laundromat. The Vertical Integration of Businesses Dave owns seven other businesses that include rental property, consulting, coaching, and his books – these are all associated with each other. For instance, his coaching business directly correlates to the knowledge and experience he continuously gains out of running laundromats. Hence, one feeds off the other. According to Dave, this vertical integration has become more powerful because of his strong passion for the first one. Elevate Your Industry You can leverage your knowledge and your experience by creating a coaching business. It's a win-win because you're bringing value and making a tremendous impact in your community, thereby elevating your industry. Why Start a Laundromat Business A laundromat business is a vital community resource. Would you rather be in a business that's wanted or a business that's needed? Would you rather be in a business that stays open during a nationwide pandemic because they're deemed essential, or would you rather be closed? Would you rather impact your community and make money or use your community and make money? Another reason it is a great business is that it is a simple cash business that makes it a fantastic starter business. There isn't a lot of accounts receivable and not a lot of inventory management, with little to no employee management. Finally, if you're looking to get into a retail business, there's really not a better business to do it. Because the bar is so low, you can operate within a year or two at a level that most people are not operating at. You can be "top of the industry" in just a few years if you just care about servitude, you're passionate about what you do, and you really want to do something. Resources Mentioned: Laundromat Millionaire --- Support this podcast: https://anchor.fm/erikecabral/support

Jeffrey Feldberg increased the value of his business by 10x in 2-years before selling. Jeffrey shared, up to 90% of liquidity events fail, and most of the time they fail due to a lack of preparation. However, even for the remaining 10% of events that are “successful” 50% to 100% of the deal value is left on the table. Given that selling your business is generally one of the largest most important transactions it pays to get it right. Listen to the full episode Mike Jesowshek showed us the sexy side of taxes, while sexy and taxes might not sound like they belong together here is what Mike had to say. The biggest mistake most people make when it comes to taxes is failing to plan. Most people only think about taxes during tax season, which means they are missing out on tax strategies they could leverage throughout the year to minimize tax liabilities. Filing returns should be the last step of your tax strategy, not the only step. Listen to the full episode Mike Michalowicz had early success building and selling businesses only to lose it all on a handful of businesses that failed to achieve profitability. Mike shared, 83% of businesses globally are in check to check survival which leads to a cash crisis. That doesn't mean entrepreneurs are incapable of being profitable but rather identifies a problem in the underlying business model we all learned. We're told profit comes last, sales minus expenses equal profit. So we flipped the formula to be sales minus profit equals expenses so that profit is baked into every transaction from the start. Listen to the full episode Chris Miles discussed the “popular” topic of cash flow and how the difference between making and not making in your business hinges on understanding this not-so-popular topic. Here is what Chris had to say, a lot of people think cash flow and revenue are the same but they are not. When you boil it down cash flow is your profit, it is what is remaining after you've covered expenses. The more cash flow your business has the more options you have to invest in and grow your business. Listen to the full episode Jim Johnson built and sold a successful contractor business and then started a coaching business to help other contractors achieve their version of success. Jim shared, the two biggest areas he's seen that cause a business to fail are leadership and financials. If you are leading a business you must be continually honing your leadership skills. The same goes for business acumen, while you don't have to become a finance expert you need to level up your knowledge on the topic. If you want to achieve financial freedom and your business to thrive you cannot ignore these two areas. Listen to the full episode Patrick McFadden was an audience favorite at the Thryv Connect conference and an expert in small business marketing. Here is what Patrick had to say, there is a process for how you should conduct marketing and a strategy for how to implement that process in your business. It starts with understanding who your ideal customer is, what problem you are solving for them, the customer journey they take when looking for a solution, and what makes your business different from the competition. Once you have the answers to these questions you will go from marketing being an expense to marketing being the fuel that grows your business. Listen to the full episode Jeffrey Shaw made a name for himself as a portrait photographer for the rich and famous. Now he coaches other business owners on how to find clients that are willing to pay for the level of service you deliver. Jeffrey shared, dive deep into what your best at and then ask the foundational question, what type of clients see value in that. Any product or service is sellable to someone, your job is to figure out who that person is and then market to them. Listen to the full episode Melinda Emerson, AKA the SmallBizLady, is one of America's leading small business marketing experts. Here is what Melinda had to say, in any business a successful marketing campaign starts with defining who you want to reach. Then you figure out what platforms and media they use, then you target your marketing efforts in the place your ideal customers are already engaged. Once you get a prospect interested you plug those leads into your CRM and automate as much of the follow-up communications as you can. Listen to the full episode Ross Kimbarovsky helps small businesses establish their brand identity and believes it is critical to building credibility and trust with your customers. Ross shared, every business has a brand, and building your brand a little each day will not only help you attract new customers but will lead to more referrals and repeat business. Listen to the full episode Erin Fults guides her clients towards a better brand image by following the Story Brand principles. Here is what Erin had to say, most brand messaging is all centered around the business, they are the hero of the story which is a turn-off for customers. Rather what you should do is talk about the problem your customers have and how you help solve that problem. Listen to the full episode Bernadette Doyle is a small business expert from Ireland that coaches businesses on how to improve their sales pitch, even if they hate selling. Bernadette shared, her primary business model is centered around helping her clients get more clients and make more money. While you might think if you had more clients you would make more money that isn't always the case if you have the wrong pricing model. Listen to the full episode John Jantsch is a marketing consultant, speaker, and best-selling author behind Duct Tape Marketing. Here is what John had to say, a good marketing plan starts with a strategy. You first determine who's in your target market and then you create messaging that speaks to the problem you will help them solve. For marketing tactics to gain traction you need to become known as the best at solving a particular problem. Listen to the full episode Brian Moran launched the Small Business Edge to provide advice and insights that help entrepreneurs manage and grow their companies. Brian talked about the value of having a business GPS plan, especially when things go off course. Brian shared, we often play the “what if” game with clients to help them think about in advance what they would do when things go off plan. While it can be frightening to think about, it is much less frightening when you have a plan in place to overcome those challenges. Listen to the full episode Tim Berry is an advocate for small businesses and a proponent for creating a lean business plan to help businesses run better. Here is what Tim had to say, a lean business plan includes your strategy, tactics, assumptions, and essential business numbers. However, the power of the lean business plan is not that you create one but that you review it regularly. No matter how pretty-sounding or looking your business plan is if it doesn't change your business for the better then it's not a very good plan. Listen to the full episode Mitch Joel has been called a visionary, digital expert, and community leader. Mitch talked about the power of creating great content and how small businesses need to leverage technology even more in a post-COVID era. Mitch shared, COVID pressed upon all businesses to become more localized in their customer offerings. This helps level the playing field for local businesses because they know their local markets best. Listen to the full episode Bill Flynn has spent years studying why businesses fail and how to turn it around by unlocking growth and increasing the odds of success. Here is what Bill had to say, start a business by falling in love with the problem you want to solve and the customer that experiences that problem. Starting a business can be hard and some days suck, but when you can get energy from solving a customer's problem you will get out of bed the next day and try again. Listen to the full episode Roland Frasier made a career out of buying and selling businesses and is convinced most businesses are leaving money on the table by not maximizing existing client value. Roland shared, don't spend all your time getting ready to get ready, and don't take money from other people to get started. Having to be scrappy in the early days to find the business model that works will force you to iterate faster than if you're sitting on a pile of cash. Listen to the full episode Jay Samit is a dynamic entrepreneur and intrapreneur who is widely recognized as one of the world's leading experts on disruption and innovation. Jay talks about how one day every business will face disruption and how every business should think about themselves as a high-tech start-up. Here is what Jay had to say, we are living in an era of endless innovation and you can choose to either be terrified by that reality or excited. So why not try to live a life of purpose and fulfillment by pursuing what is meaningful to you. Listen to the full episode Dave Menz grew up in poverty and overcame tremendous obstacles to become a successful entrepreneur, running the multi-store, multi-million dollar chain of laundromats. Dave's rags to riches story is inspiring to say the least but also something he believes is possible for anyone. Even as a young kid Dave found inspiration in the stories of other successful entrepreneurs that started with nothing and built a business from the ground up. So if they can do it why not me and why not you. Listen to the full episode Michael Haynes has worked with companies ranging from micro-businesses to large corporations in Australia and Canada. He talked about the importance of working on your business not just in your business. Michael shared when it comes to product-market fit, the simplest way to think about it is are you offering products or services that customers want to buy. What problems do they have and what types of solutions appeal to them. Listen to the full episode Rieva Lesonsky has been writing small business content for years that help entrepreneursstart and grow their businesses. Rieva shares why small businesses need to leverage software to modernize and automate their client experience. Here is what Rieva had to say if you don't accept digitization you are going to get left behind. What you have to realize is other businesses do what you do and the ones that digitize will be the ones that attract new customers and retain the ones they have. Listen to the full episode Ramon Ray is a leading expert on small business success and a best-selling author. Ramon gives us his take on what it means to build your personal brand and create a foundation of processes. Ray shared, for a business to grow you need to map the right systems on top of great processes. When leveraged correctly technology helps you create a more seamless customer experience and deliver better service. Listen to the full episode Steve Strauss is a best-selling author, small business columnist, and thought leader on small business topics. Steve talked about how implementing systems and processes now will not only help you run the business better but maximize the value when you're ready to sell. Here is what Steve had to say, the most successful small businesses out there have one thing in common, they are leveraging technology to make things faster, better, and more profitable. Listen to the full episode Tommy Mello scaled his business from $50k in debt to a multimillion-dollar company. Tommy shares the secrets he's learned buying and scaling businesses and how you can leverage technology to get your life back and be more successful. Tommy shared, software is the key element behind scaling your business and unlocks exponential growth. When I look at buying a company I want to see they've adopted technology in some way before I'll even consider purchasing them. Listen to the full episode Those were all your favorite episodes from 2021 and we look forward to bringing you more great content and helpful insights in the year ahead. Listen to the full episode

In this episode, we are joined by Dave “Laundromat Millionaire” Menz sharing how his humble beginnings did not stop him from being successful as we discuss the topic from Poverty to Prospering. Here are three reasons why you should listen to the full episode:    Hear how Dave Menz went from selling candy in school to a millionaire.   Discover how Dave was able to make his business stand out and grow. Learn how sacrifice can pay off in business.     Episode Highlights Who Is Dave Menz  Dave shares that his family had very humble beginnings, which caused him to face several struggles growing up.  He also shared that as a child in order to purchase snacks or treats, he and his siblings had to learn to be resourceful. He also shared that from a tender age in life, he developed an entrepreneurial spirit that has led him to where he is today.  How Did Dave Begin? Dave shares that, growing up, he learned to survive on the bare minimum. That propelled him to start little business ventures such as mowing lawns and re-selling candy in school.  He shared that as a youngster, he was stubborn and believed that he too could be successful and achieve the freedom and independence that came with entrepreneurship.  He says that he was not encouraged to pursue entrepreneurship by his family but that didn't stop him from going after his goal.  After having a regular 9-5 job for 13 years, learning valuable skills for business, and climbing the corporate ladder, Dave had an epiphany. He realized that he still wanted to be an entrepreneur and started working towards having his own business.  The Business  After making cutbacks in his personal and family life, Dave bought a laundromat, and through thorough research and commitment, he was able to learn the Laundromat business.  He also shares that in his initial introduction he learned that people within the industry did not respect the laundromat business and its owners.  Dave decided that he had to operate differently than other persons in the laundromat industry to make and be the change he wanted to see.  Dave shared that he spent a lot of time and money reinvesting in his business and its operations. He has been able to expand and turn it into a million-dollar business.  Dave's difference in approach to the laundromat business has opened many doors for him financially. He has since published a book and offers coaching to other persons in the industry so that they too can be successful in their business.  Valuable  Advice  Dave says some of the most valuable lessons he has learned are that you should not allow other people to limit you, you should not do anything illegal or unethical and that delayed gratification will bring success.    3 Powerful Quotes from This Episode “If you want something in life you better go figure out a way to earn it.” “There are no limitations on what I can accomplish.” “Don't let others tell you what you can  and can't do; don't let others put limitations on you.” About Dave Menz  Dave grew up in poverty and overcame superhero-like obstacles. His story, revealed in his debut book, Laundromat Millionaire – The Grit to Elevate an Industry' is a life and a business journey that doesn't stop at rags to riches. It begins with a stubborn and obsessive mission to be a business owner with a tenacious and genuine purpose to help others to do the same. Dave teaches the principles of relentless studying of the greats to be great and knowing that even if an industry – like laundry – isn't sexy, you can make it so. His initial foray into business ownership was a side hustle alongside his corporate gig with Cincinnati Bell. He found his first business on Craigslist. Once he owned it, he overhauled it from struggling, losing money and outdated, to one that was a valuable proposition to serve as a vital community asset.

Episode 178 features Dave “Laundromat Millionaire” Menz, a laundromat industry veteran and the owner of the Queen City Laundry Chain of Laundromats inCincinnati Ohio.Find Dave Online:Website: www.laundromatmillionaire.comLinkedin: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/YouTube: https://www.youtube.com/channel/UC7nSEWmFmKl5l55T5icmNVwFacebook: https://www.facebook.com/laundromatmillionaireAbout Dave:Dave “Laundromat Millionaire” Menz is a laundromat industry veteran and the owner of the Queen City Laundry Chain of Laundromats in Cincinnati Ohio.His inspirational journey from poverty to becoming a millionaire has inspired many entrepreneurs to try and overcome their own obstacles while building wealth.Dave is the author of the book "Laundromat Millionaire", to be released on October 1, 2021, and the host of the Laundromat Millionaire Business Podcast.........Thank you for listening! If you'd like to connect online please feel free to reach out... Brian's Now Page: https://www.brianondrako.com/now/Brian's Instagram: https://www.instagram.com/brianondrako/Brian's Twitter: https://twitter.com/brianondrakoBrian's Linkedin: https://www.linkedin.com/in/brianondrako/ See acast.com/privacy for privacy and opt-out information.

Dave grew up in poverty and overcame superhero-like obstacles. His story, revealed in his debut book, Laundromat Millionaire – The Grit to Elevate an Industry is a life and business journey that doesn’t stop at rags to riches. It begins with a stubborn and obsessive mission to be a business owner with a tenacious and genuine purpose to help others to do the same – even if you also do not have a college degree or perhaps because you have one. Dave teaches the principles of relentless studying of the greats to be a great, and knowing that even if an industry – like laundry – isn’t sexy, you can make it so. His initial foray into business ownership was a side hustle alongside his corporate gig with Cincinnati Bell. He found his first business on Craigslist. (YUP, I did, as Dave would say.) Once he owned it, he overhauled it from struggling, losing money and outdated, to one that was a valuable proposition to serve as a vital community asset. In essence, he cared – for those who needed this service and deserve it. His vision expands beyond only owning multiple businesses under the auspices of Queen City Laundry. He shares his wisdom on his podcast and is a sought after guest and coach. Always the student, he expands his business model – and reach – to serve needs discovered. As a picked on kid who was told he had limited options, to his readers, employees, fans and his children, Dave says, “If I can, you can. It simply takes grit.” It is with this fortitude, he forges forward in elevating an industry, and likely not only one. Certainly, more lives will be elevated as a result of his Menz-ism touch. Dave and his family live in Cincinnati, Ohio. He is a family man and a man of faith. Learn more about Dave Menz, The Laundromat Millionaire and pickup a copy of his book at https://laundromatmillionaire.com/homepage-2/ Get a FREE Complimentary paperback or ebook copy of The Millionaire Choice at https://themillionairechoice.comSee omnystudio.com/listener for privacy information.

I grew up in Flint, Michigan, and while my parents provided a loving home, we were poor. The neighborhood I grew up in was rough and although my parents worked hard, we struggled. The good side of that experience is it ingrains in oneself a determination and grit to work for what you want and not expect you're entitled to anything. I also know there are other people out there that had it a lot worse than I did and never want to come across as complaining, but my experience shaped who I am today. While most entrepreneurs and business owners I know were raised by entrepreneurs and business owners, it was a pursuit that was discouraged in my home. My parents were convinced I needed to focus on my schooling, get good grades, go to college, and work as an accountant for 40 years. But I found the drive to be a business owner burning inside of me and never really liked the idea of working for someone else. Some people love the structure working in a company provides but for me it felt more like a cage. However, I also realized that working for yourself meant you were the one responsible for making things happen.  After working in corporate America for a decade and starting a family, I realized if I didn't focus on my dream of becoming an entrepreneur it might never happen. So over the next few years, we saved as much money as we could and I began looking for businesses I could buy. After a lot of searches, I happened across a laundromat near my house that was for sale on Craigslist. In general, when people think of a laundromat they think “antiquated” and “rundown”. This is true for 70 to 75 percent of the locations across the country. My strategy has always been to buy the worst laundromat in the best location and then give it a complete makeover.  There are seven reasons I believe a laundromat is one of the best small businesses to own in America. They provide a good return on investment, there is a relatively low barrier to entry, it is a vital community resource, a simple cash business, little to no inventory, low staffing requirements, and the business model offers flexibility so it can be done on the side while you work another job and scale.  Listen to Dave's insights on this episode of Winning on Main Street to hear how you too can find an opportunity in an unsexy business like laundromats and turn it into something great.   Resources Shared: Laundromat MillionaireLaundromat Millionaire – The Grit to Elevate an Industry by Dave MenzLaundromat Millionaire ShowThryv 

Dave “Laundromat Millionaire” Menz owns the Queen City Laundry Chain of Laundromats in Cincinnati Ohio. His inspirational journey from poverty to a millionaire has inspired others to overcome their own obstacles while building wealth AND a life. Hear Dave's conversation with Dr. Joey about the spiritual fuel he uses to help others.

The Commercial Real Estate Academy podcast was created to demystify the commercial real estate industry for the masses. During our weekly episodes, we interview industry experts on a host of different commercial real estate-related topics. Through these interviews, we hope to arm you with the knowledge, references, and tools you'll need to confidently pursue commercial real estate opportunities as a business owner and/or an investor. Raphael Collazo and Jeff Walston are excited to introduce their guest for this week! In today's episode, we hosted Dave Menz, Laundromat Industry Coach and host of the Laundromat Millionaire Show, for a lively conversation on the laundromat industry. ▶️ During our conversation, we explored topics such as: • How he got started in the laundromat industry, • The advantages of investing in laundromats, • What the upfront costs are of acquiring a laundromat, • How to identify great laundromat opportunities, • How to perform due diligence on laundromat businesses, • How to add value to laundromat businesses, • As well as much more... ▶️ If you're interested in learning more about Dave, below I've provided relevant links: ▶ Website: https://laundromatmillionaire.com/homepage-2/ ▶ LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/ Below I've provided links to books that were referenced during the episode: 1) Rich Dad Poor Dad - https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680194 2) Laundromat Millionaire (Coming Soon) - https://laundromatmillionaire.com/book/ If you find value in these episodes, please SUBSCRIBE, leave a 5

Imagine yourself growing up in poverty where you're often told that you cannot be what you dream to become. Well, that's the story for many of us right? However there is a uniqueness to Dave Menz's story that you don't want to miss! Listen as Dave shares his origin story as an Ohio transplant from Michigan, transitioning from his union job, the dedication and patience he and his wife exuded to grow a large laundromat business with the culture of service to the community! As an author, podcaster, and business owner Dave shares fun and very insightful commentary! ABOUT DAVE:Dave “Laundromat Millionaire” Menz is a laundromat industry veteran and the owner of the Queen City Laundry Chain of Laundromats in Cincinnati Ohio. Dave's inspirational journey from poverty to becoming a millionaire has inspired many entrepreneurs to try and overcome their own obstacles while building wealth. Dave is the author of the book "Laundromat Millionaire" which is due to be released in late 2021 and the host of The Laundromat Millionaire Business PodcastCheck out Dave at www.laundromatmillionaire.com and www.queencitylaundry,com. His new books is being released in early October of 2021, be sure to purchase a copy!Hey! Also be sure to tap in with me at www.champ10k.com!

Dave Menz is a laundromat industry veteran and the owner of the Queen City Laundry Chain of Laundromats in Cincinnati Ohio, as well as HappyNest Laundry Pickup & Delivery.Dave's inspirational journey from poverty to becoming a millionaire has inspired many entrepreneurs to try and overcome their own obstacles while building wealth.Dave is the author of the book “Laundromat Millionaire” release date October 1, 2021, and the host of the Laundromat Millionaire Business Podcast.Learn More: http://www.laundromatmillionaire.comInfluential Influencers with Mike Saundershttps://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/Source: https://businessinnovatorsradio.com/interview-with-dave-laundromat-millionaire-menz

Dave Menz is a laundromat industry veteran and the owner of the Queen City Laundry Chain of Laundromats in Cincinnati Ohio, as well as HappyNest Laundry Pickup & Delivery.Dave's inspirational journey from poverty to becoming a millionaire has inspired many entrepreneurs to try and overcome their own obstacles while building wealth.Dave is the author of the book “Laundromat Millionaire” release date October 1, 2021, and the host of the Laundromat Millionaire Business Podcast.Learn More: http://www.laundromatmillionaire.comInfluential Influencers with Mike Saundershttps://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/Source: https://businessinnovatorsradio.com/interview-with-dave-laundromat-millionaire-menz

Welcome back to Pass the Secret Sauce, today's episode we have Dave “Laundromat Millionaire” Menz. Dave is a laundromat industry veteran and the owner of the Queen City Laundry Chain of Laundromats in Cincinnati Ohio. Dave's inspirational journey from poverty to becoming a millionaire has inspired many entrepreneurs to try and overcome their own obstacles while building wealth. He's here to share some of the secrets to his success. Dave is the host of The Laundromat Millionaire Business Podcast and the author of the book "Laundromat Millionaire", to be released in late 2021.In this episode we discuss:Introduction to episode  [1:27]Dave's humble stereotypical childhood  [2:50]How and when did the entrepreneurial bug hit him  [4:40]Worked at Corporate America for 12-13 years, got promoted five times  [9:00]How did he get in the laundry business  [10:15]Getting mentorship through podcasts and other resources  [13:55]Learnings he had when doing business  [18:10]Have a mentor/coach that will lead you to process is essential  [20:50]Getting the ‘Shiny Object' syndrome as an entrepreneur  [23:12]What his adversities thought him and how he breakthrough  [24:28]How did Dave handle the process of financials in the laundry business  [27:58]Determining the right location for your laundry business  [31:20]Doing a national revenue partnership with other laundromat owners  [34:40]Dave's suggestions in buying laundromat business [36:00]Laundromat Millionaire podcast and book  [42:38]Quotable QuoteTo have a coach/mentor to lead you through the process of any business or any industry, especially before you even close on it,  is an incredibly powerful thing. Links to sources and toolsConnect with Dave Menz on LinkedInGet a FREE consultation of Dave about laundrymat industryListen to other PTSS Episodeshttps://passthesecretsauce.com/Thanks for listening. Don't forget to like us on Facebook: https://www.facebook.com/passthesecretsauce to get updates on new episodes. If you haven't already, please follow and leave a review for our podcast, we'll really appreciate it. And as always, don't forget to pass the secret sauce.Support our podcastIf you're a fan of the show, there are three simple things you can do to support our work: Subscribe, rate and review: https://podcasts.apple.com/us/podcast/pass-the-secret-sauce-by-matt-shields/id1506940483 the podcast on iTunes or wherever you subscribe.Tell a family member, friend, or colleague about the show. Subscribe to us on YouTube: https://www.youtube.com/channel/UCJ5eItxsGWyGKC91zd1pzbA and follow us on LinkedIn: https://www.linkedin.com/company/pass-the-secret-sauce-podcastThis podcast is hosted by

In Show 11 of the Laundromat Resource Podcast, host Jordan Berry reflects on 6 of the most impactful lessons learned from the first 10 episodes of the Laundromat Resource Podcast! There has been more wisdom shared in the featured interviews so far than could be compacted down into one review, but these 6 takeaways were some of the most life-changing for Jordan.What have you learned from the first 10 episodes of the Laundromat Resource Podcast? Share your lessons learned on the forum so that we all benefit from each other's perspectives! https://laundromatresource.com/forums/topic/podcast-takeaways-from-shows-1-10/We're booking our next round of guests to talk laundromats on the podcast. If you own a laundromat and you're interested in being on the podcast, find out more information here and sign up to be a guest on the show!https://laundromatresource.com/podcastguestAsk a question, answer a question in the forums!https://laundromatresource.com/forumsInterview with Dave Menz: https://laundromatresource.com/show2Interview with Toby Dankbaar: https://laundromatresource.com/show3Interview with David and Donna Stark: https://laundromatresource.com/show5 & https://laundromatresource.com/show6Interview with Branden Unnerstall: https://laundromatresource.com/show7Interview with Ross Dodds: https://laundromatresource.com/show9Interview with Luke Williford: https://laundromatresource.com/show10

Long-time multi-store owner Dave Menz shares his experience about how he got into the laundromat industry, how his journey took him from small time to big time, and what his plans are to expand from here. This episode is PACKED full of practical wisdom and successful mindsets that will help you propel your business to the next level!Interview Starts: 3:19Down to Business: 46:58Secret Sauce: 1:20:23Pro Tips: 1:23:55Resources: 1:29:15Links from the show:Laundromat Resource ForumsLaundromat Resource BlogBe a guest on the podcast!Buy a laundromatSell your laundromatCheck out the full show notes here: https://laundromatresource.com/show2To connect with Dave:dmenz@happynest.comdave@laundrymagician.comPhone Number: (513) 607-1511Laundromat: https://www.queencitylaundry.comLaundry Pickup & Delivery: https://www.happynest.comSocial Media Links: https://www.linkedin.com/in/dave-menz-02b291127/https://www.facebook.com/dave.menz?ref=bookmarksBio:Dave is a passionate, lifelong Entrepreneur, Husband, and Dad from Cincinnati, Ohio. Dave has been in the laundry business since 2009, owning and operating his chain of 4 retail laundromats under the Queen City Laundry brand. In 2016 he parlayed his wealth of laundry experience into a new venture in the booming Laundry Pickup & Delivery segment under the HappyNest brand.In 10 short years Dave has grown his team from its' infancy, into a multi-million dollar team of nearly 40 employees. His stores are either fully, or mostly attended, have on site managers and offers a professional drop off laundry services in 3 of his 4 stores. Additionally, Dave owns the commercial property that one of his laundromats operates out of currently and plans to acquire several of his other properties over the next few years.Dave's 17 years in corporate America, along with his intense passion for entrepreneurship has led him to this point in his life and he has no plans to let up now. He is widely respected as a laundry industry veteran, was an expert panelist at CLEAN 2019 and is available for consulting at dmenz@happynest.com.