February 17, 2022

85. Escaping the 9-5 with the Laundry Genius, Brian Riseland

1 hour 54 minutes

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Many people drawn to the laundromat industry are searching for an escape from their 9-5 in favor of freedom, flexibility, and financial stability. Brian Riseland is no exception and is well on his way to doing just that. After buying his laundromat using some of his retirement funds using a ROBS, Brian is taking his future into his own hands. And in this interview, he shares his tips, tricks, strategies, and mindsets that have put him on that path to freedom so you can do it too!

In today's episode, Brian and Jordan discuss:

How to escape the 9-5
Knowing your numbers and what numbers to know
"knowing" vs "doing"
Independent laundromats vs franchise laundromats
Finding a good location
Criteria for a good laundromat location
Using ROBS to purchase a laundromat with retirement funds
How to be a leader when you don't know what you're doing
Effective promotions
The #1 feedback he gets in his store that makes all the difference
Why people go to a laundromat that has higher prices

And a lot more!

Show Notes
https://laundromatresource.com/show85

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