By Dave "Laundromat Millionaire" Menz
Are you an "Entrepreneurial Nerd" or even just a passionate small business person trying to learn the ropes? If so, this show may be perfect for you. On the Laundromat Millionaire Show, we discuss
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The podcast currently has 88 episodes available.
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?
Referenced Links:
ProCapture Website: https://speedqueencommercial.com/en-us/procapture/
Our Sponsor: H-M Company Drain Troughs: https://www.draintroughs.com
Our Website: https://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: https://www.queencitylaundry.com
Our pick-up and delivery laundry services: https://www.queencitylaundry.com/delivery
Our WDF & Delivery Workshop: https://laundromatmillionaire.com/pick-up-delivery-workshop/
LaundroBoost Marketing Company: https://laundroboostmarketing.com/
Suggested Services Page: https://www.laundromatmillionaire.com/services
WDF & Delivery Dynamics: A Complete Business Blueprint: https://laundromatmillionaire.com/wdf-delivery-dynamics-a-business-blueprint/
Huebsch Command System: https://huebsch.com/command/
Timestamps
00:00 Episode 88 Intro
00:56 Spotlight – LaundroBoost’s AI Chatbots
02:05 Craig’s role with Alliance Laundry
05:13 Can Dryers be RetroFit with ProCapture?
07:24 The Innovation Process
09:41 Why Do We Need ProCapture? What does it do?
13:42 How was ProCapture developed?
18:21 What percent of lint is captured?
19:32 What machines are available with ProCapture?
22:39 What’s the added cost?
26:14 Eliminate instead of capturing the lint?
27:49 Why pay extra for ProCapture? Are there measurable benefits?
32:27 Decreases to Maintenance and Cleaning Costs & Time
Listen on: Apple Podcasts Spotify
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.
Referenced Links:
Our Sponsor: H-M Company Drain Troughs: https://www.draintroughs.com
Our Website: https://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: https://www.queencitylaundry.com
Our pick-up and delivery laundry services: https://www.queencitylaundry.com/delivery
Our WDF & Delivery Workshop: https://laundromatmillionaire.com/pick-up-delivery-workshop/
LaundroBoost Marketing Company: https://laundroboostmarketing.com/
Suggested Services Page: https://www.laundromatmillionaire.com/services
WDF & Delivery Dynamics: A Complete Business Blueprint: https://laundromatmillionaire.com/wdf-delivery-dynamics-a-business-blueprint/
Timestamps
0:00:00 Episode 87 Intro
0:01:03 Clearing Up a Misunderstanding
0:03:58 Our Background & Perspective
0:06:38 Our 4 Priorities in Starting Laundry Delivery Services
0:12:20 Customer Type 1: Residential
0:22:57 Customer Type 2: Small Business
0:27:29 Customer Type 3: Industrial
0:32:49 Customer Type 4: “True” Commercial
0:36:48 Bidding Commercial Accounts
0:40:25 The 6 Areas to Find Potential Savings
0:51:22 The 1 Area that Adds to the Price
0:53:55 Starting with a Trial Rate
0:1:01:10 Closing Thoughts
Listen on: Apple Podcasts Spotify
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!
Referenced Links:
Laundry Unlimited website: http://www.laundryunlimited.net
Guest Instagrams: @theleahboggs or @laundryunlimitednc
Guest LinkedIn- @leah-boggs
Our Sponsor: H-M Company Drain Troughs: https://www.draintroughs.com
Our Website: https://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: https://www.queencitylaundry.com
Our pick-up and delivery laundry services: https://www.queencitylaundry.com/delivery
Our WDF & Delivery Workshop: https://laundromatmillionaire.com/pick-up-delivery-workshop/
LaundroBoost Marketing Company: https://laundroboostmarketing.com/
Suggested Services Page: https://www.laundromatmillionaire.com/services
WDF & Delivery Dynamics: A Complete Business Blueprint: https://laundromatmillionaire.com/wdf-delivery-dynamics-a-business-blueprint/
Huebsch Command System: https://huebsch.com/command/
Vendrite Vending Systems: https://www.vendrite.com/
Our Community Membership: https://laundromatmillionaire.com/memberships/
Timestamps
00:00 Episode 86 Intro
01:47 Introducing Drew & Leah Boggs
06:41 Building 4 Laundromats
09:49 Becoming Your Own General Contractor
12:11 Building Great Laundromats but Operations Lacking
20:25 Pricing Your Machines
27:06 Falling in love with the Laundry Industry
29:23 Turning the Business Around with New Management
30:35 Changing the Leadership
36:34 Steps to Turn the Business Operations Around
43:14 Advice for Newbies to the Laundry Industry
56:52 What’s Next for Laundry Unlimited?
Listen on: Apple Podcasts Spotify
Everyone's talking about AI, but how can we use it to better reach and serve our customers? Brett Lyon, CEO of LaundroBoost and Courtney Farrell, COO, join us to talk about how business owners in the laundry industry or any industry can take advantage of AI platforms and even cut down on customer service time and costs. Learn about new product offerings through LaundroBoost, but also how you can improve your platform on your own to better reach customers.
Referenced Links:
Our Sponsor: H-M Company Drain Troughs: https://www.draintroughs.com
Our Website: https://www.laundromatmillionaire.com
Our WDF & Delivery Workshop: https://laundromatmillionaire.com/pick-up-delivery-workshop/
LaundroBoost Marketing Company: https://laundroboostmarketing.com/
Suggested Services Page: https://www.laundromatmillionaire.com/services
Magazine Jukebox podcast: https://youtu.be/adD1npPlpO4
Episode introducing LaundroBoost: https://youtu.be/PxbmxlsWcOw
Clean Show 2025: https://the-clean-show.us.messefrankfurt.com/us/en.html
WDF Conference 2025: https://www.coinlaundry.org/wdf/
ChatGPT: https://openai.com/chatgpt/
Gemini: https://gemini.google.com/
Customer Service podcast: https://youtu.be/sUDTaXwukEk
Free LaundroBoost resources: https://resources.laundroboostmarketing.com/
Timestamps
0:00:00 Episode 85 Intro
0:02:36 Update on over a year with LaundroBoost Marketing
0:11:32 Upcoming Events to Learn More
0:12:21 AI for Business – Utilizing ChatGPT, Gemini, Copilot, and similar AI writing platforms
0:20:29 AI for Customer Service – Utilizing Chatbots on your website
0:26:51 AI Chatbots versus Regular Chatbots
0:37:09 How Important is Your Google Business Profile? How Can We Improve It?
0:40:38 How Does the GBP Booster Work?
0:46:30 Boost your GBP on your own
0:48:54 Ways to get more Google Reviews
0:51:18 Help for Managing Negative Reviews
0:59:27 Free Resources from LaundroBoost
Listen on: Apple Podcasts Spotify
Laundromats are more than just a room of machines that wash and dry clothes! As more pop up in communities all across the world, what will make customers want to choose yours? In this episode of The Laundromat Millionaire Show, Dave & Carla share their tips for elevating the customer experience in your store - it could be the difference in whether those customers come through your door or the laundromat down the street!
Referenced Links:
Our Sponsor: H-M Company Drain Troughs: https://www.draintroughs.com
Product Spotlight: 2024 Laundromat Millionaire Elevate Award: https://laundromatmillionaire.com/elevate-award/
Our Website: https://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: https://www.queencitylaundry.com
Our pick-up and delivery laundry services: https://www.queencitylaundry.com/delivery
Our WDF & Delivery Workshop: https://laundromatmillionaire.com/pick-up-delivery-workshop/
LaundroBoost Marketing Company: https://laundroboostmarketing.com/
Suggested Services Page: https://www.laundromatmillionaire.com/services
WDF & Delivery Dynamics: A Complete Business Blueprint: https://laundromatmillionaire.com/wdf-delivery-dynamics-a-business-blueprint/
Insurance podcast: https://youtu.be/yxhfb558joA
Jordan Berry podcast: https://youtu.be/gFLpgdWBPe0
Hydro podcast: https://youtu.be/LTz_7kC-vgQ
Pricing self-Serve podcast: https://youtu.be/BW1YjppHlVk
Magazine Jukebox podcast: https://youtu.be/adD1npPlpO4
Timestamps
0:00:00 Episode 84 Intro
0:01:27 Spotlight: The 2024 Laundromat Millionaire Elevate Award
0:02:30 The Laundromat Millionaire Show Intro
0:04:13 Why Spend Time, Money & Effort on Customer Experience?
0:07:47 The 4 Silos of Customer Experience
0:11:33 Making Your Store Safer for Customers – Security Cameras, Lighting, Layout
0:20:12 Making Your Easier for Customers to Use – Location, Doors, Carts, Machines, Payments,
0:39:44 Improving Your Customer Service – Attendants and Training
0:50:17 Amenities You Can Add to Your Store to Increase Value to Customers
01:04:11 Closing Remarks
Listen on: Apple Podcasts Spotify
When adding Wash-Dry-Fold & Delivery to your laundromat, how do you know when you've outgrown your facility? What can you do to avoid affecting your self-serve customers? For Ayad Mirjan, his answer was simple, expand across the street! In this interview with Dave & Carla Menz, learn how Ayad expanded his delivery brand OrangeBag by adding a separate processing facility and even licensing his brand to other nearby owners. Ayad shares his tips for other owners and even shares his experience in becoming the only Green-Certified Laundry Delivery Service in Southern California!
Referenced Links:
Our Sponsor: H-M Company Drain Troughs: https://www.draintroughs.com
Product Spotlight: WDF & Delivery Dynamics Handbook: https://laundromatmillionaire.com/wdf-delivery-dynamics-a-business-blueprint/
Orangebag website:
The Laundry House Website: https://www.laundryhouse.la/
Our Website: https://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: https://www.queencitylaundry.com
Our pick-up and delivery laundry services: https://www.queencitylaundry.com/delivery
LaundroBoost Marketing Company: https://laundroboostmarketing.com/
Suggested Services Page: https://www.laundromatmillionaire.com/services
WDF & Delivery Dynamics: A Complete Business Blueprint: https://laundromatmillionaire.com/wdf-delivery-dynamics-a-business-blueprint/
BizBuySell: https://www.bizbuysell.com/
BizBen: https://www.bizben.com/
Speed Queen Equipment: https://speedqueen.com/
Cents: https://trycents.com/
LaundroWorks: https://laundroworks.com
Traction by Gino Wickman: https://www.eosworldwide.com/traction-book
Continental Equipment: https://gnalaundry.com/
Foltex Folder: https://www.foltex-usa.com/
Timestamps
00:00 Episode 83 Intro
01:42 Product Spotlight: WDF & Delivery Dynamics – The Complete Business Blueprint
02:40 The Laundromat Millionaire Show Intro
04:18 Forecasted Growth of WDF & Delivery
08:13 Ayad’s Backstory
15:34 Acquiring the 1st Store
16:23 Buying Turn-Key vs a Fixer Upper
26:21 Ayad’s Laundry Business Model Today & the Retool
30:22 Expanding to a WDF & Delivery Facility
32:21 Appearing Big and then Getting Big – Growing the WDF & Delivery Business
34:31 Delegation & Building a Team for Growth
37:40 How to Know When Time to Expand to Another Facility?
43:11 Composition of the Orangebag WDF & Delivery Facility
44:38 The Orangebag Delivery Model Today
46:54 Owning the Process and Brand Consistency
48:49 By the Bag or By the Pound?
50:49 Delivery Turn Around Time
51:14 Becoming a Green Certified Business
55:43 What Does the Future for Ayad and Orangebag look like?
57:57 Ayad’s Contact Info
Listen on: Apple Podcasts Spotify
There are many successful ways to run a laundromat, but can they run themselves? Is it really possible to be open 24-hours and completely unattended? Lara Freeland, owner of Pelican Laundromat in Marrero, Louisiana shares her tips for making this model possible. Listen as Dave and Carla Menz interview Lara in this episode of The Laundromat Millionaire Show sponsored by H-M Company Drain Troughs.
Referenced Links:
Our Sponsor: H-M Company Drain Troughs: https://www.draintroughs.com
Pelican Laundromat Website: https://pelicanlaundromat.com
Pelican Laundromat Facebook: https://www.facebook.com/Pelicanlaundromat2/
Spotlight – The Laundromat Millionaire Insurance Program: https://laundromatmillionaire.com/insurance/
Our Website: https://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: https://www.queencitylaundry.com
Our pick-up and delivery laundry services: https://www.queencitylaundry.com/delivery
LaundroBoost Marketing Company: https://laundroboostmarketing.com/
Suggested Services Page: https://www.laundromatmillionaire.com/services
WDF & Delivery Dynamics: A Complete Business Blueprint: https://laundromatmillionaire.com/wdf-delivery-dynamics-a-business-blueprint/
Fiverr: https://fiverr.com
Upwork: https://www.upwork.com
Erinv_carpenter on Instagram: https://www.instagram.com/erinv_carpenter/
Scott equipment laundry systems: https://www.scott-equipment.com/
LaundroWorks: https://laundroworks.com
Timestamps
00:00 Episode 81 Intro
00:20 Provider Spotlight: The Laundromat Millionaire Insurance Program
02:03 The Laundromat Millionaire Show Intro
02:28 How to Create a Professional Brand & Logo
05:30 Why Laundromats? Lara’s Story
10:42 Due Diligence and Finding the Right Store
16:42 Importance of Knowing the Community
19:55 Finding a Distributor & Cost Transparency
25:55 The Lease Negotiations and Renovations
29:39 The Store Size & Layout
30:11 Why 24 Hour & Unattended? Payment Methods, Lock Systems & Restrooms
35:33 The Equipment Mix
37:48 Community Culture and Safety
40:19 Keeping Unattended Stores Clean
41:45 Hours Spent in Business
42:35 Solutions for a Bilingual Client Base
44:04 Community Impact Improving a Laundromat
46:27 The Dream for Pelican Laundromat
48:59 Inspiring Women in the Industry
50:11 Changing Models? Add Wash Dry Fold? Ghost Laundromats?
53:56 The Need for Elevating the Laundry Industry
Listen on: Apple Podcasts Spotify
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!
Referenced Links:
Our Sponsor: H-M Company Drain Troughs: https://www.draintroughs.com
Exit Oasis Website: https://exitoasis.com
Mike’s LinkedIn: https://www.linkedin.com/in/mike-finger
Spotlight – Our WDF & Delivery Workshops: https://laundromatmillionaire.com/pick-up-delivery-workshop/
Our Website: https://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: https://www.queencitylaundry.com
Our pick-up and delivery laundry services: https://www.queencitylaundry.com/delivery
LaundroBoost Marketing Company: https://laundroboostmarketing.com/
Suggested Services Page: https://www.laundromatmillionaire.com/services
WDF & Delivery Dynamics: A Complete Business Blueprint: https://laundromatmillionaire.com/wdf-delivery-dynamics-a-business-blueprint/
Graphic: https://www.azquotes.com/quote/1315984
Graphic: https://www.wallstreetmojo.com/employee-stock-option-plan-esop/
Timestamps
00:00 Episode 81 Intro
01:27 Event Spotlight: The Laundromat Millionaire WDF & Delivery Workshop
02:23 The Laundromat Millionaire Show Intro
02:41 Creating and Turning Around an “Unsellable” Business
12:51 What If You Never Plan to Sell?
15:35 Impact on Those Looking to Buy a Business
17:09 Learning from Others vs The School of Hard Knocks
20:23 Finding the Right Coach to Simplify the Complexities
22:03 A Simple Approach to Creating a Sellable Business
23:25 The 3 Questions Every Owner Should Ask
25:37 What Makes a Business “Desirable”?
27:42 Lifestyle of a Business Owner
30:17 Ownability vs Sellability
30:55 The Importance of Just Starting
32:36 The 2 Areas that Make Your Business Replicable
35:39 If You Can’t Prove It, It Didn’t Happen
40:07 How Mike Made His Business Sellable
41:31 Are You Pricing Your Services Correctly?
43:45 How Can You be a Passive Owner?
45:46 Will Your Business Provide a Comfortable Retirement?
49:45 Can Your Business Run Without You? Building a Team
55:08 Giving Yourself Options
57:41 Closing Remarks & Contact Info
Listen on: Apple Podcasts Spotify
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.
Referenced Links:
Cents Website: https://trycents.com
Spotlight – Hydro Perfect Pour Website: https://www.hydrosystemsco.com/markets/laundromat.html
Our Website: https://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: https://www.queencitylaundry.com
Our pick-up and delivery laundry services: https://www.queencitylaundry.com/delivery
H-M Company Drain Troughs: https://www.draintroughs.com
LaundroBoost Marketing Company: https://laundroboostmarketing.com/
Suggested Services Page: https://www.laundromatmillionaire.com/services
WDF & Delivery Dynamics: A Complete Business Blueprint: https://laundromatmillionaire.com/wdf-delivery-dynamics-a-business-blueprint/
WDF & Delivery Workshops: https://laundromatmillionaire.com/pick-up-delivery-workshop/
Episode with Hydro Perfect Pour: https://www.youtube.com/watch?v=LTz_7kC-vgQ
Forbes 30 Under 30 with Alex Jekowsky: https://www.forbes.com/pictures/5dcf200de0af7b0006b1754a/alex-jekowsky-24-ethan-du/?sh=dc0e5321b0b5
Timestamps
0:00:00 A Special Thanks to Our Followers
0:04:10 Service Provider Spotlight – Hydro Perfect Pour
0:05:24 The Laundromat Millionaire Show Intro
0:09:20 How, Why & For Whom – the Backstory of Cents
0:15:23 Owning Stores as a Vendor
0:18:47 Progression to an “All-in-One System”
0:26:19 The Technology Evolution in the Laundry Industry
0:31:54 Mastering One Area of Your Business & Customer Retention
0:35:47 Competition Makes Us All Better
0:38:59 The Cents Team – Responsiveness and Training
0:42:46 How Alex Defines “All-in-One Management System”
0:50:03 What’s Next? Selling or Here to Stay?
0:52:55 Mergers & Acquisitions – LaundroWorks & StarchUp
1:00:10 Raising Funds for Cents
1:12:15 Google Integration & Self-Branded Apps for Delivery
1:14:44 Final Thoughts
Listen on: Apple Podcasts Spotify
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!
Referenced Links:
The Laundromat Millionaire Insurance Program: https://laundromatmillionaire.com/insurance/
Our Website: https://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: https://www.queencitylaundry.com
Our pick-up and delivery laundry services: https://www.queencitylaundry.com/delivery
H-M Company Drain Troughs: https://www.draintroughs.com
LaundroBoost Marketing Company: https://laundroboostmarketing.com/
The Laundromat Millionaire Insurance Program: https://laundromatmillionaire.com/insurance/
Suggested Services Page: https://www.laundromatmillionaire.com/services
WDF & Delivery Dynamics: A Complete Business Blueprint: https://laundromatmillionaire.com/wdf-delivery-dynamics-a-business-blueprint/
WDF & Delivery Workshops: https://laundromatmillionaire.com/pick-up-delivery-workshop/
Episode with Brian Grell: https://youtu.be/NLcTQ-3eA20
Episode with ADP: https://laundromatmillionaire.com/laundromatmillionaire_videos/stress-free-payroll-solutions-w-justis-mullins/
Timestamps
00:00 Service Provider Spotlight – Aura Detergents
01:35 The Laundromat Millionaire Show Intro
02:36 Decades of Experience Insuring Laundromats
11:26 The Changes in Agent and Broker Training
14:17 How a Broker Protects You
16:32 Rules on Switching Policies
20:22 Increasing Premiums and Refusals to Insure
23:48 What Owners Can Do to Mitigate Risks
28:55 How Your Business Model Affects Your Premiums
32:25 Common Reasons Laundromats are Mistakenly Underinsured
39:55 The Right Size Deductible and Avoiding Small Claims
41:31 Insurance on Loss of Business
43:00 Insurance on Loss of Cash
43:52 Misclassifications on Insurance Policies
48:07 Events Your Broker Needs to Know
49:28 Bailee Insurance Coverage – What Is It & Do You Need It?
53:19 Dangers of Only Shopping Price
55:44 Worker’s Compensation Insurance
57:00 Final Thoughts
Listen on: Apple Podcasts Spotify
The podcast currently has 88 episodes available.
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