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Andrew Cunningham, the human laundromat encyclopedia is back on the show to drop some laundromat knowledge again! Andrew has been in the laundromat industry for over 40 years, but also prides himself on staying up on current times and trends. 

I'm privileged to pick his brain on your behalf and we cover a LOT of ground in this interview.  We start off with some priceless advice for first-time laundromat buyers. The information and advice Andrew shares for the newbies will save you literally thousands of dollars.

We then transition into talking about advice for current owners and cover a ton of ground that will help you improve your operations, stay up on the changing landscape of the industry, and ultimately, increase your bottom line.

Here's an overview of what we cover:

• What to know when buying your first laundromat
• What you need to know about brokers
• Where most buyers fall short
• The 3 keys that make or break a laundromat
• Operational efficiencies
• Competitive analysis
• Perspective shifts in the industry
• Your return on new customers
• Basics of business operations
• Card systems and you

And a whole lot more!

Show Notes
https://laundromatresource.com/show110

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

Resources
Card System Comparison- Coming Soon! Be sure to get on our email list if you're not yet to be notified when it is published!

Get Connected
Join Laundromat Resource
Laundromat Resource Coaching
Laundromat Resource Courses
Laundromat Resource Forums
Laundromat Marketplace- Sell Your Laundromat [free listings]
Diligence Capital Investments
Laundromat Investor Resources
Laundromat Resource Events
Laundromat Resource Blog


* Some links may be affiliate links in which the channel owner may receive compensation when you make a purchase using those links. 

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2022 was a wild ride for the world in general, and for laundromat owners in particular! But at the beginning of 2022, Marc Stern from Eastern Funding came on the show and prepared us all for what was to come. He was spot on!

Marc joins us again today to look ahead at what we, as laundromat owners, can expect in 2023 and how we can best prepare ourselves to navigate our changing world. There's a lot going on right now and Marc's nationwide perspective gives us a view of our industry that can be hard to see when we're focused on running our businesses day-to-day.

This episode is packed with great insight and practical tips to help you navigate your year. Jordan and Marc discuss:

• A recap of 2022
• Laundromats as recession-proof businesses
• The 3 main costs of laundromats and how they are being affected
• Interest rates for 2023
• Trend on purchasing laundromats
• How to raise prices in your laundromat
• How big will the recession be
• Recession's effect on rents
• Is now a good time to get into the business?
• How successful laundromat owners are navigating the current climate
• Effect on wash and fold and laundry pick-up and delivery
• Lending options to utilize right now
• Where the opportunities are right now in the laundromat industry

And so much more!

Show Notes
https://laundromatresource.com/show109

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

Resources
Eastern Funding
Marc's 2022 Predictions Podcast Episode
How to find a laundromat for sale [VIDEO]
[email protected]

Get Connected
Join Laundromat Resource
Laundromat Resource Coaching
Laundromat Resource Courses
Laundromat Resource Forums
Laundromat Marketplace- Sell Your Laundromat [free listings]
Diligence Capital Investments
Laundromat Investor Resources
Laundromat Resource Events
Laundromat Resource Blog


* Some links may be affiliate links in which the channel owner may receive compensation when you make a purchase using those links. 

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Bryan Neal bought his laundromat a month before the world closed down due to the COVID outbreak. As a new business owner facing an unknown future, Bryan tells the story of his struggle to hold onto the business and turn it into a thriving service for his community. 

Bryan's story is one of grit, persistence, and bold action that has lead to his success. In this episode Bryan and Jordan discuss:

• Buying a $50,000 business
• Buying a business just before COVID
• Bryan's retooling strategy
• Buying a second laundromat
• Guerilla marketing tactics that lead to a 25% increase in revenue
• Overcoming a laundromat's bad reputation
• Overcoming fear to get started
• Launching a laundry pick-up & delivery service with Happy Nest
• How to grow a laundry pick-up and delivery service
• Old school vs. new school laundromat owner philosophies
• Networking with other owners
• Removing barriers for customers

And way more!

Show Notes
https://laundromatresource.com/show108

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

Resources
Extreme Ownership Book
Total Money Makeover Book
Sharon Brinks's Podcast Episode

Get Connected
Join Laundromat Resource
Laundromat Resource Coaching
Laundromat Resource Courses
Laundromat Resource Forums
Laundromat Marketplace- Sell Your Laundromat [free listings]
Diligence Capital Investments
Laundromat Investor Resources
Laundromat Resource Events
Laundromat Resource Blog


* Some links may be affiliate links in which the channel owner may receive compensation when you make a purchase using those links. 

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We're back and primed to be better than ever! We kick off this new year with a recap of the wild 2022 and how it affected laundromat owners. From that recap I came away with one big takeaway: Things are changing and we'll all be better together if we navigate them together!

I also make a HUGE announcement about a massive upgrade to the Pro Community! Here's the rundown:

1. We're adding weekly coaching calls
2. We're adding 3 tiers of community-including mastermind groups!
3. Easier navigation of the pro resources

And finally, we talk about the 7 big lessons from 2022:

1. Focus on service in your laundromat
2. Professionalize your marketing
3. Utilize data
4. Reinvest in your business
5. Look for tech & automation leverage
6. Invest in yourself
7. Laundromats are more scalable than ever before

Go Pro
https://pro.laundromatresource.com
Take the tour of the new pro platform

Show Notes
https://laundromatresource.com/show107

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

Resources
Links to all individual episodes are at https://laundromatresource.com/show107

Get Connected
Join Laundromat Resource
Laundromat Resource Coaching
Laundromat Resource Courses
Laundromat Resource Forums
Laundromat Marketplace- Sell Your Laundromat [free listings]
Diligence Capital Investments
Laundromat Investor Resources
Laundromat Resource Events
Laundromat Resource Blog


* Some links may be affiliate links in which the channel owner may receive compensation when you make a purchase using those links. 

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The book $100 Million Offers by Alex Hormozi offers what Alex calls his Value Equation. The word "value" has been getting thrown around a lot in our industry for a while. So much so, actually, that I've actually been getting pretty sick of it. But, after reading, then re-reading Alex's book I started to contextualize his Value Equation to our industry and it led to a massive flood of ideas on how laundromat owners can dominate their market.

In this rare solo episode, I explain what Alex's Value Equation is and take you through it, variable by variable, to show you how you can dominate your market by optimizing each one. 

Obsessing over the details of each variable in your businesses will lead you to offering more value to your customers. This ultimately will lead to better service, a better working environment, and higher profits for you. Take this episode and run as far and as fast as you can with it! Dominate your market then join me on the podcast to tell us all how you did it!

Show Notes
https://laundromatresource.com/show106

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

Resources
$100 Million Offers

Get Connected
Join Laundromat Resource
Laundromat Resource Coaching
Laundromat Resource Courses
Laundromat Resource Forums
Laundromat Marketplace- Sell Your Laundromat [free listings]
Diligence Capital Investments
Laundromat Investor Resources
Laundromat Resource Events
Laundromat Resource Blog


* Some links may be affiliate links in which the channel owner may receive compensation when you make a purchase using those links. 

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Brian Luebben, the host of the Action Academy Podcast, joins us today to talk about leaving your 9-5 job and building the life of your dreams! Brian is practicing what he preaches and is traveling the world as we speak. He's on a mission to show you how you can find freedom in your life, too.

Brian and Jordan talk about how to lay out a vision for your life and how to create a plan to bring that vision to life. This episode fits perfectly with the goals of many laundromat owners and soon-to-be laundromat owners. It's seriously incredible stuff.

Brian shares quotes like, "Fall in love with the process, not the end goal," "Impossible is defined by your environment and exposure," and "Be married to the end destination, but date the way you get there."

Jordan and Brian also discuss:

• How Brian left his corporate job
• How to leave your W2 job
• Having a powerful "Why"
• Advice on how to create a vision of the future
• Vivid vision
• The keys to accomplishing the "impossible"
• Passionate income

And way, way more!

Show Notes
https://laundromatresource.com/show105

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

Resources
Action Academy Podcast
Laundromat Analysis and Valuation Course
Brians FREE e-book- W2 to World Travel
GoBundance
Vivid Vision
The Miracle Equation

Get Connected
Join Laundromat Resource
Laundromat Resource Coaching
Laundromat Resource Courses
Laundromat Resource Forums
Laundromat Marketplace- Sell Your Laundromat [free listings]
Diligence Capital Investments
Laundromat Investor Resources
Laundromat Resource Events
Laundromat Resource Blog


* Some links may be affiliate links in which the channel owner may receive compensation when you make a purchase using those links. 

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Diligence Capital Investments Deluxe Fund
Email Jordan at [email protected] to request the PPM
Laundromat Millionaire Pick-up & Delivery Bootcamp (2 spots left!)

Jonathon Santamaria bought what he calls a hobby laundromat for some side income in Northcote, Australia. He quickly grew that laundromat to triple the revenue from when he took over. Through a combination of adding payment options, digital marketing, and saying, "No" to potential customers, Jono dramatically improved his little hobby.

In today's episode, Jono and Jordan discuss:

• Jono's path to owning a laundromat
• Making quick decisions and taking action
• Laundromat due diligence
• How he tripled his revenue in 1 year
• Digital marketing tips
• Having a narrow focus in his laundry pick-up & delivery service
• The concept of incremental gains & how they lead to massive growth
• Networking
• Other helpful podcasts

And a whole lot more!

Show Notes
https://laundromatresource.com/show104

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

Resources
Diligence Capital Investments Deluxe Fund
Laundromat Millionaire Pick-up & Delivery Bootcamp (2 spots left!)
Rich Dad, Poor Dad
Cashflow Quadrant
The Resilience Project
Dyl & Friends Podcast

Connect with Jono
Jonathan Santamaria
Nina's Laundrette - Laundromat Northcote

Get Connected
Join Laundromat Resource
Laundromat Resource Coaching
Laundromat Resource Courses
Laundromat Resource Forums
Laundromat Marketplace- Sell Your Laundromat [free listings]
Diligence Capital Investments
Laundromat Investor Resources
Laundromat Resource Events
Laundromat Resource Blog


* Some links may be affiliate links in which the channel owner may receive compensation whe

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Diligence Capital Investments Deluxe Fund

Lloyd Silver is a marketing agency owner who took to the laundromat industry to forge a new direction. Lloyd found a closed-down laundromat that he ended up buying, retooling, and re-launching. He generously shares how he valued that laundromat, how he came up with his plan to re-launch it, and how it performed after he did. 

Lloyd also started a laundry pick-up and delivery business from scratch out of that laundromat. He shares the details of how he did that and what his plan is to expand the business into his second location.

And he did all of this living an hour and a half from his laundromat. Lloyd is very open and honest about his process and answers many of the questions I get often about buying zombiemats or closed laundromats, starting a pick-up and delivery from scratch, and owning remotely.

As if that wasn't enough, we dig deep into his marketing expertise and talk about how laundromat owners can leverage a marketing plan to accelerate their business growth.

In today's interview, Lloyd and Jordan discuss:

• Lloyd's background as a financial analyst and marketing agency owner
• How he found a laundromat to buy
• How he valued the closed laundromat
• How long it took to reach profitability
• How he funded the acquisition of the closed laundromat
• How he owns the laundromat an hour and a half from his home
• How he onboards new employees
• How he started laundry pick-up and delivery from scratch
• What he's doing differently the second time around on his second laundromat
• What marketing techniques are working for his laundry business
• Can you run your own ads or do you need an agency to run them for you?
• Lloyd's done-with-you marketing BootCamp for laundromat owners

And a lot more!

Show Notes
https://laundromatresource.com/show103

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

Resources
Diligence Capital Investments Deluxe Fund
Lloyd's Marketing Course and BootCamp
How to Build Your Own Laundromat Website Course [FREE]


Connect with Lloyd
Lloyd on Facebook

Get Connected
Join Laundromat Resource
Laundromat Resource Coaching
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Laundromat Marketplace- Sell Your Laundromat [free listings]
Diligence Capital Investments

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• Jason's background
• How to increase revenue in a small self-serve laundromat
• How to engage the community to serve better and make more money
• How to handle maintenance as a mom & pop laundromat owner
• We jump into the numbers of Jason's laundromat
• Adding card payment options in a small laundromat
• Percentage of customers who use coin vs. card
• What Jason would do differently if starting over
• What questions you should ask during your due diligence
• Jason's plans for the future

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