The Laundromat Resource Podcast

The Laundromat Resource Podcast

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The Laundromat Resource Podcast episodes

  • 142. Drastic Times Calls for Drastic Measures with Charles Measley

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    In this episode of Laundromat Resource, host Jordan Berry interviews Charles Measley, a seasoned entrepreneur in the laundromat industry. From his humble beginnings of running a rundown laundromat to overcoming the challenges of expanding and relocating his business, Charles shares his remarkable journey and valuable insights. You'll discover the pivotal role of marketing, the intricate details of commercial leasing, and the essential value of problem-solving and personal growth in the laundry business. Join us as we delve into the world of laundromat management with an expert who knows the ins and outs of the industry.

    In this episode, Jordan and Charles discuss:

    00:00 Utilize calculator for pricing and profit analysis.
    05:53 Old machines, low revenue, switched to laundromat.
    15:11 Laundromat marketing strategy and brand building efforts.
    21:16 Embrace challenges and find opportunities in them.
    24:46 Growing capacity to handle problems is essential.
    29:41 Adding pickup and delivery is a different business.
    33:19 Consider customer perspective for parking, washers, tables.
    41:01 Laundromat pricing based on familiarity and simplicity.
    44:42 Maximizing efficiency through concentrated customer territories.
    52:12 Consider market differences, negotiate rent increase, maintain flexibility.
    56:43 Landlord's lack of savvy leads to issues.
    01:01:24 Expanding store for wash and fold business.
    01:10:14 Challenging process, promotion, construction updates, successful transition.
    01:16:11 Planned expansion and improvements for laundry business.
    01:19:03 Expensive laundromat project causes strategic reconsideration.
    01:27:50 Took over website, improved with help.
    01:33:17 Offering comprehensive content creation and marketing services.
    01:39:31 Get started, take action, learn by doing.
    01:44:43 Inconsistent staff opening causing customer frustration.
    01:47:17 Surround yourself with good, influential people.
    01:51:48 Emphasize value and express gratitude to the speaker.

    Show Notes-
    https://laundromatresource.com/show142

    Resources

    https://suds-digital.com

    https://fluffandfoldlaundromat.com

    https://www.facebook.com/profile.php?id=100088986400278&mibextid=LQQJ4d


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    AtmosphereTV- 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-resource


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    1 hr 56 min
  • 141. 14 Laundromats in 3 Years & a Twitter Anon

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    Welcome to the Laundromat Resource Podcast! In this episode, join host Jordan Berry as he sits down with industry experts Whitey and Jon Schemmel to discuss the challenges and strategies of running a successful laundromat business. From customer relations and managing rising costs to building strong supplier relationships and embracing automation, our guests share valuable insights and advice for both current and aspiring laundromat owners. Tune in for an engaging conversation packed with industry wisdom and actionable takeaways.

    In this episode, Jon, Whitey, and Jordan discuss:

    00:00 Networking led to buying a laundromat quickly.
    06:15 Improving store experience for customers and ROI.
    13:53 Equipment retooling and creative financing for growth.
    19:21 Rundowns of omni mats, drainage, and plumbing.
    21:40 Competition leads to customer base challenges.
    29:22 Operational strategy for 24/7 store management.
    34:19 Automatic synchronization of store operations for customer convenience.
    38:21 Differential pricing based on business considerations explained.
    45:44 Discussion on customer service policies and pricing.
    53:17 Automating systems for efficiency, managing processes effectively.
    59:23 Timely payments vital for vendor support, scaling success.
    01:01:17 American changers have cameras to monitor collections.
    01:09:34 Noticing customers leaving credit cards in machines.
    01:14:24 Respect and kindness lead to better service.
    01:16:23 Unexpected radio ad brought significant business growth.
    01:22:07 Underpriced laundry caused challenges, price strategically.
    01:28:33 Provide free cleaning products for happy workers.
    01:35:36 Share to connect and grow your business.
    01:42:47 Prospective store owners should familiarize themselves with laundromats.
    01:45:00 Thanks for being a valuable industry resource.

    Show Notes-
    https://laundromatresource.com/show141

    Resources

    www.linkedin.com/in/jon-schemmel

    Show Sponsors

    AtmosphereTV- 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-resource

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    1 hr 48 min
  • 140. The Silent Anchor Drowning Our Industry with Dave Menz

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    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 Discussion

    Show Notes-
    https://laundromatresource.com/show140

    Resources
    http://www.laundromatmillionaire.com/


    Show Sponsors

    AtmosphereTV- 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-resource

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    1 hr 46 min
  • 139. Competing with 9 Laundromats in 3 Miles with Steve Andrews

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    In this episode, host Jordan Berry is joined by the insightful and experienced guest, Steve Andrews. Together, they delve into the world of laundromat ownership, discussing essential business strategies, employee management, and the impact of location on success. With a focus on building meaningful change and motivation for listeners, they highlight the importance of taking action and maintaining a positive mindset to pursue success. From navigating challenges to finding growth opportunities, this episode is packed with valuable insights and practical advice for current and aspiring laundromat owners. Join us as we explore the fascinating world of entrepreneurship and business development in the laundromat industry.

    In this episode, Jordan and Steve discuss: 

    00:00 Sofia and Max, 12 and 10 years old, laundry business, expanding to store number 3.
    09:51 Self-serve laundry with expanded parking and remodeling.
    11:15 Improved parking increased revenue, security measures added.
    16:13 American Changer machines and their security issues.
    22:33 Convenient location with good visibility and amenities.
    30:54 Laundry owner values trust, teamwork, and vision.
    34:33 Managers monitor employee needs, offer performance bonuses.
    41:06 Repainted store, upgraded vending machines for efficiency.
    43:53 Large wall mural with QR codes for ratings.
    51:53 Struggle with store traffic due to sign.
    54:22 Marketing approach for local community Facebook groups.
    01:00:09 Manager Vilma excels in customer service, relationships.
    01:05:56 Successful team with different skill sets excel.
    01:11:27 Building small businesses in smaller towns, purchasing property.
    01:19:56 Budget for runway, avoid profit expectations, secure capital.
    01:20:55 Understand interest rates, holding costs, capital aspect.
    01:26:17 Learn from diverse experiences, build strong network.

    Show Notes-
    https://laundromatresource.com/show139

    Resources
    Email: [email protected]
    Website: www.washhouseclean.com
    Facebook: @washhouseclean
    Instagram: @washhouseclean
    LinkedIN: Steve Andrews

    Show Sponsors

    AtmosphereTV- 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-resource

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    1 hr 32 min
  • 138. High School Dropout to Laundromat Luminary Alex Bloom

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    In this episode of Laundromat Resource, we delve into the inspiring journey of Alex Bloom, a high school dropout turned laundromat luminary. Join host Jordan Berry as he uncovers the story of Alex's rise from adversity to entrepreneurial success in the laundry industry. From managing multiple laundromats in different locations to negotiating creative financing deals and navigating unexpected challenges, Alex provides valuable insights, anecdotes, and practical advice for both aspiring and experienced laundromat owners. Tune in as we explore the highs, lows, and innovative strategies that have paved the way for Alex's remarkable achievements in the laundromat business. So grab a cup of coffee and get ready to be inspired by the entrepreneurial wisdom of Alex Bloom on this episode of Laundromat Resource.

    In this episode, Jordan and Alex discuss: 

    00:00 Take action now to achieve your goals.
    06:05 Wife supports my endeavors, condo in Myrtle.
    13:27 Business owner shares story of store fire.
    18:13 Bought laundromat, profitable from day one. Utilities organized.
    23:57 Slow, steady growth led to loyal customers.
    32:11 Use card, return it. Text for issues.
    33:41 Innovative thinking and problem-solving benefit business.
    38:34 Tenant wants to buy property, not rent.
    45:30 Upgraded to efficient water heater, saved money.
    50:18 Three stores, one nearby, two across town.
    55:33 Inexperienced person searches for commercial laundry machines.
    01:03:29 Arrange meeting, Springfield, discussed previous conversation briefly.
    01:06:55 Negotiated lower rent, financed store renovations.
    01:12:23 Attendants praised for exceptional customer service experience.
    01:20:32 $16 for hot water and deep cycle.
    01:22:05 New Quantum Touch dryers improve drying speed.
    01:26:29 Explaining laundry service, unawareness, and market challenge.
    01:32:42 YouTube videos and podcasts provide valuable information.
    01:37:39 Take action on one inspiring idea this week.

    Show Notes-
    https://laundromatresource.com/show138

    Resources
    Email: [email protected]
    Website
    Facebook
    Instagram
    Facebook
    Instagram

    Show Sponsors

    AtmosphereTV- 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-resource


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    1 hr 39 min
  • 137. Buying a YouTube-Famous Laundromat with Ben Higginbothom

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    Welcome to the Laundromat Resource Podcast, where we dive into the world of laundromat ownership and operations. In this episode, host Jordan Berry sits down with special guest Ben Higginbotham, a seasoned laundromat owner and investor, to discuss his journey in the industry. From securing private investors and navigating the financial barriers of entry to the intricacies of negotiating deals and managing multiple stores, Ben shares valuable insights and experiences. The conversation delves into the illusion of money, negotiation strategies, and the transformative belief in creating wealth. Join us as we explore the challenges and successes of running a laundromat business and gain practical advice for aspiring and current owners.

    In this episode, Jordan and Ben discuss: 

    08:49 Real estate investor recommends working with investors.
    15:22 Seeking less stress and more enjoyment in work.
    18:42 Perspective from seller and buyer in negotiation.
    24:14 Increased prices after installing new machines, successful.
    28:45 Coin-operated store thriving, customer base expanding.
    37:21 Mortgage rates: fixed vs. adjustable explained briefly.
    40:11 Laundromat underwent complete renovation for better infrastructure.
    43:30 Upgraded machines, brighter space, improved customer comfort.
    52:34 Leasing a laundromat in leased space explained.
    54:40 Selling stores, riding cash, buying real estate.
    01:02:59 Money illusion shifts through wealth-building mindset transformation.
    01:08:52 Unable to put 80-pound machines due to thin concrete.
    01:14:37 Avoiding necessary systems leads to wasted time.
    01:16:38 Access to information is valuable but caution.
    01:24:55 Struggles with DIY versus hiring professionals.
    01:28:21 Continuously improve, seek mentorship, and raise prices.
    01:35:35 Pricing machines based on weight, seeking fairness.
    01:39:22 Raise laundromat prices for quick improvement. 

    Show Notes-
    https://laundromatresource.com/show137

    Resources
    Email: [email protected]
    Website
    Facebook

    Show Sponsors

    AtmosphereTV- 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-resource

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    1 hr 43 min
  • 136. From Prison to Laundromats with Kevin Lumpkin

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    Welcome to the Laundromat Resource podcast with your host, Jordan Berry. In this episode, we have an inspiring guest, Kevin Lumpkin, as he shares his incredible journey of transitioning from law enforcement to managing multiple laundromats. Kevin's story is one of resilience, determination, and strategic business acumen. From his time in prison to scaling successful businesses, he offers valuable insights into the laundromat industry and the entrepreneurial mindset. Join us as we delve into Kevin's compelling narrative, his commitment to empowering others through business education, and his ambitious goal of expanding his laundromat empire across the United States. Get ready for an insightful and uplifting conversation that will leave you inspired and motivated.

    In this episode, Jordan and Kevin discuss:

    00:00 Kevin Lumpkin shares wild story about laundromats.
    07:43 Imprisoned man starts successful online businesses.
    12:40 Adaptability and control define my attitude toward life.
    19:23 Scaled TV business; transition to successful cleaning company.
    23:48 Old laundry equipment, mostly not functional, overpriced.
    29:16 Unanticipated costs led to startup challenges.
    33:05 Adapt and invest in a growth mindset.
    41:24 Laundromat attendant's sister took over after her.
    48:45 Learning from courses, sees long-term potential.
    53:45 Acquired 12, waiting for more next week.
    59:03 Improve business by allowing customer feedback and engagement.
    01:03:08 Building and equipment involves hard work, preparation.
    01:06:09 Passion led to founding Black Entrepreneurs of America.

    Show Notes-
    https://laundromatresource.com/show136

    Resources
    Email: [email protected]
    Website: twashlaundromat.com
    Instagram
    Facebook

    Show Sponsors

    AtmosphereTV- 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-resource

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    1 hr 11 min
  • 135. Top Takeaways From the Best In the Business

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    Welcome back to the Laundromat Resource Podcast! I'm your host, Jordan Berry, and this is Episode 135. Today, we have something special in store for you. It's Thanksgiving week, so we wanted to bring you a unique episode. We'll be featuring the Laundromat Resource Pro Podcast, where we recap the top takeaways and favorite quotes from our interviews. In this episode, you'll hear highlights from Episodes 1, 2, and 3 of the Laundromat Resource Pro Podcast. So, grab a cup of coffee, sit back, and join us as we dive into these valuable insights from seasoned laundromat owners. Let's get started!

    In this episode we discuss:

    01:06 3 takeaways & favorite quote from podcast interviews. Laundromat resource pro available at laundromatresource.com.
    04:32 Thorough research and independent advice before purchasing. Avoid costly mistakes, be adaptable to changing circumstances. Blurring services for customer convenience.
    06:30 Accessible laundromat information; seek expert assistance.
    12:46 Enhancing customer experience in laundromats is crucial.
    13:37 Seek guidance, improve, learn, research, test assumptions.

    Show Notes-
    https://laundromatresource.com/show135

    Show Sponsors

    AtmosphereTV- 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-resource

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    16 min
  • 134. 10 Harsh Truths Facing the Laundromat Industry Today

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    Welcome back to the Laundromat Resource Podcast! In today's episode, titled "10 Hard-Hitting Truths," we delve into some eye-opening realities for those looking to buy or own a laundromat. We discuss the challenges in finding deals, the importance of building relationships, and the need for collective action to drive change in the industry. They emphasize the value of transparency and support for laundromat owners, and highlight the resources provided by Laundromat Resource to foster collaboration and growth. So grab your headphones, because it's time to confront and address the truth in the laundromat industry. Let's dive in!

    In this episode, Jordan discusses:

    01:55 Podcast summary, new calculator and secret tool.
    03:34 2024 goal: $50k value in pro community. Join for discounts, resources, and community.
    08:23 Build relationships with brokers to get deals.
    10:48 Math is key to finding opportunities in interest rates and purchase prices.
    16:16 Podcasts, YouTube, and social media overwhelm with advice.
    17:53 Hold tight to principles, be flexible tactically.
    21:29 Pay attention to details, pricing, competitors, opportunity.
    25:13 Social media accounts for laundromat attract customers.
    27:58 Increasing costs put pressure on businesses. Difficulty in competing due to lack of response from competitors. Solution: better industry practices.
    32:39 Continuous innovation is vital for long-term success.
    35:08 Industry needs change; distribution model broken.
    38:19 Ten industry truths to face for growth.

    Forum Post- https://www.laundromatresource.com/forums/topic/10-hard-truths-podcast/

    Show Notes-
    https://laundromatresource.com/show134

    Show Sponsors

    AtmosphereTV- 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-resource


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    41 min
  • 133. Wealth Without Wall Street

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    In this episode of the Laundromat Resource Podcast we are joined by Russ Morgan and Joey Mure from Wealth Without Wall Street. They discuss their journey to financial freedom and passive income through non-Wall Street investments, emphasizing the importance of understanding one's investor DNA and aligning investments with personal strengths. The guests share their experiences, strategies, and resources for achieving financial independence. They also explore the potential of laundromats as a lucrative investment opportunity in lower-income communities. Stay tuned to learn more about building wealth without Wall Street in this insightful episode.

    In this episode, Jordan, Joey and Russ discuss:

    00:04:57 Two Alabama rednecks cherish freedom in life.
    00:06:48 Prioritizing family led to successful passive income.
    00:10:35 Learning, organizing, investing to build financial independence.
    00:14:42 Learned from mistakes, built better processes. Save time.
    00:15:47 Realizing god-created perspective shapes financial success journey.
    00:19:04 Unable to influence outcome, leading to realization.
    00:22:39 Shortcutting mistakes and collapsing time frames in business.
    00:27:19 Pros and cons of short term rentals
    00:29:54 Laundromats can inject value and worth.
    00:32:31 Jordan describes aversion to repetition and perfectionism.
    00:37:52 Seeking geographical freedom through financial independence strategies.
    00:40:14 Persevere through challenges, learn from mistakes.
    00:42:41 Joined community, exploring land flipping assessment.

    Show Notes-
    https://laundromatresource.com/show133

    Resources
    Facebook
    LinkedIn
    Instagram

    Show Sponsors

    AtmosphereTV- 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-resource

    Connect With Us
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    Facebook
    LinkedIn
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    45 min

About The Laundromat Resource Podcast

From the publisher's feed

The Laundromat Resource Podcast is helping people find financial freedom through laundromat ownership. It is a podcast by laundromat owners, for laundromat owners.

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