55 episodes

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 everything Business, the good, bad and ugly lessons that we've learned. Things we've learned from our success and also from our failure and the growth that occurs when we truly seek it out! Episodes feature Co-host and published Author, Dave "Laundromat Millionaire" Menz along with his wife and sidekick in life, Carla Menz. Dave & Carla share their personal journey in a very transparent and authentic way while also interviewing awesome Entrepreneurs with a goal of pulling their secrets to success out to share with the audience. Simply put, there are no limitations to where Dave & Carla will go in order to Encourage, Inspire and Motivate their audiences to reach the pinnacle of your capabilities and they may even challenge you to push beyond what you thought is possible in your life. Want to be a guest on the show? Email dave@laundromatmillionaire.com

The Laundromat Millionaire Show with Dave Menz Dave "Laundromat Millionaire" Menz

    • Business
    • 4.6 • 12 Ratings

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 everything Business, the good, bad and ugly lessons that we've learned. Things we've learned from our success and also from our failure and the growth that occurs when we truly seek it out! Episodes feature Co-host and published Author, Dave "Laundromat Millionaire" Menz along with his wife and sidekick in life, Carla Menz. Dave & Carla share their personal journey in a very transparent and authentic way while also interviewing awesome Entrepreneurs with a goal of pulling their secrets to success out to share with the audience. Simply put, there are no limitations to where Dave & Carla will go in order to Encourage, Inspire and Motivate their audiences to reach the pinnacle of your capabilities and they may even challenge you to push beyond what you thought is possible in your life. Want to be a guest on the show? Email dave@laundromatmillionaire.com

    Our Big Reveal for Laundromat Owners with Dave & Carla

    Our Big Reveal for Laundromat Owners with Dave & Carla

    After several months of work to make it happen, we are finally revealing what we have been up to - an amazing Community built just for laundromat owners! Follow along as we give you a guided tour and stay til the end for a limited offer!

    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

    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
    CLA’s Wash Dry Fold Workshop: www.coinlaundry.org/wdf2022/

    Timestamps
    00:00 Laundromat Millionaire Intro
    01:07 Why We’re Creating This New Resource – the Evolution of Laundromat Millionaire
    05:40 The Laundromat Millionaire Community
    06:10 Private Chats vs Facebook Group
    09:47 Tour of the Community Membership
    17:10 Chats with Dave Tour
    19:40 Reviews for Products, Services & Distributors
    26:19 Business Forms & Templates Tour
    29:32 Laundromat Supplies Tour
    35:40 Member Discounts Tour
    37:04 Marketing Tools Tour
    38:51 Community Videos Tour
    41:17 Founder’s Membership + Discount Code
    Learn more about your ad choices. Visit megaphone.fm/adchoices

    • 44 min
    Self-Serve: What Price Is Right??

    Self-Serve: What Price Is Right??

    Dave is famous for saying, "You need to raise your prices!", but do you? If so, by how much and how do you do it without chasing off too many customers?? Learn this & more as Dave & Carla Menz discuss the answers to these questions and help you determine the value proposition and pricing strategy that best fits your self-serve laundromat.

    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

    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
    Our Story: https://youtu.be/NpvRxaWmWaY and https://youtu.be/O-ctFcOIEcs
    Our Coaching, Courses & Workshops: https://laundromatmillionaire/home/coaching
    Seinfeld video clip: https://www.youtube.com/watch?v=E3xwFanvTjA
    Our Free Resources: https://laundromatmillionaire/resources
    Aquawing/SanOWash: http://www.aquawingozone.com/products/sano3wash.html
    “Fancy Like” by Walker Hayes clip: https://www.youtube.com/watch?v=G_zuB-ogIBw
    CLA’s Wash Dry Fold Workshop: www.coinlaundry.org/wdf2022/

    Timestamps
    00:00 Laundromat Millionaire Intro
    01:50 Self-Serve Pricing – Why You Need to Raise Your Prices
    05:10 Your Value Proposition vs Competitors in Your Submarket
    08:04 Your Value Proposition vs the Industry
    09:48 What If Competitor Is Under-Priced?
    12:57 How to Determine Your Value Proposition
    16:14 The 2 Parts of Your Business
    18:30 What Is Your Business Model and Who Is Your Avatar?
    19:09 The 3 Basic Business Models
    28:46 Is Your Ideal Avatar In Your Submarket?
    30:48 Less Customers Might Be A Good Thing!
    32:15 Who We Serve Through Our Self-Serve Laundromat
    34:31 How We Price Our Washers and Dryers
    38:03 Vending Pricing
    38:35 How to Raise Prices Without Scaring Off Customers
    Learn more about your ad choices. Visit megaphone.fm/adchoices

    • 44 min
    Laundromat Floods: Proactive vs Reactive

    Laundromat Floods: Proactive vs Reactive

    The call every laundromat owner dreads; BUT it's completely AVOIDABLE! Follow along as Dave & Carla discuss drainage systems, what's ideal and what to do if yours isn't. With over a decade in the industry and experience with various types of systems, this is some advice laundromat owners won't want to miss!

    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

    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
    Our Story: https://youtu.be/NpvRxaWmWaY and https://youtu.be/O-ctFcOIEcs
    Epoxy Pipe video clip: https://www.youtube.com/watch?v=E6O8vFVkdys
    New Store Renovation Video: https://youtu.be/uiO6u2ys7J4
    Aquawing/SanOWash: http://www.aquawingozone.com/products/sano3wash.html

    Timestamps
    00:00 Laundromat Millionaire Intro
    02:30 Our Background with Drains/H-M Company
    05:12 The 2 Parts of the Drainage System
    07:40 The Floor Drain: how big should it be?
    09:27 First Step in a New Store – Cameras!
    10:32 A Great Option to Replacement – Epoxy!
    12:39 Keeping Up with Drain Maintenance
    14:10 Options for the Bulkhead – Open or Closed?
    17:35 How a Drain Trough Works
    19:02 How a Closed System Works
    20:11 What Causes Laundromats to Flood?
    21:34 Whole Store Lint Interceptors
    23:46 Do Drain Troughs Create a Bad Smell? How to Prevent/Eliminate it!
    25:56 The Perfect Drain System
    30:00 The Importance of the Pitch
    36:06 What If Dropping Trough Into Floor Not an Option?
    39:03 Closing Remarks
    Learn more about your ad choices. Visit megaphone.fm/adchoices

    • 40 min
    Are Laundromats "Cash Cows"? with Dave & Carla Menz

    Are Laundromats "Cash Cows"? with Dave & Carla Menz

    Social Media shows countless videos of collecting the coins and cash from owning a laundromat, but is a laundromat really a "cash cow"?? Is it really a passive business? Listen as Dave and Carla Menz discuss this idea and how they have become passive owners in their laundromat business.

    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

    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
    Buy Dave’s Book: www.laundromatmillionaire.com/book
    Our First Episodes: https://youtu.be/NpvRxaWmWaY and https://youtu.be/O-ctFcOIEcs

    Timestamps
    00:00 Laundromat Millionaire Intro
    00:58 “Passive Business” defined
    03:50 Passive Owner versus Passive Operations
    06:36 Yes, a Laundromat Can Be Owned Passively!
    09:49 Passive versus Flexible
    11:53 Why We Chose Laundromats
    13:33 “A Laundromat Runs Itself!”
    16:37 Our Journey to Passivity
    21:06 Building in Backups
    Learn more about your ad choices. Visit megaphone.fm/adchoices

    • 29 min
    Should You Buy or Lease? with Raphael Collazo

    Should You Buy or Lease? with Raphael Collazo

    Is it better to buy the building or just lease the space for your business? Raphael Collazo, a published author, speaker, performance coach and commercial real estate agent shares his advice on how to make the best choice for your business. Listen as Dave & Carla Menz also question him on what to look out for before you sign that lease or buy that building. This episode is a must for anyone faced with this age-old business decision!

    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

    Our Guest’s Website: www.raphaelcollazo.com
    Our Guest’s Youtube: https://www.youtube.com/c/RaphaelCollazo
    Our Guest’s LinkedIn: https://www.linkedin.com/in/raphaelcollazo/
    Our Guest’s Podcast: The Commercial Real Estate Academy
    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
    CRE Podcast episode with Dave: https://www.youtube.com/watch?v=nb7JYGmbN7U
    The Compound Effect by Darren Hardy

    Timestamps
    00:00 Laundromat Millionaire Intro
    02:44 “Slow and Steady” or “Accelerated Growth”?
    04:13 Raphael’s Backstory
    08:17 Raphael’s Books – Before You Sign That Lease
    12:53 What’s Reasonable for a Tenant Improvement Allowance?
    14:59 Leverage Created in Leasing a Retool
    16:45 Items to Include in the Lease
    19:17 Guidelines for CAM Charges
    20:50 How Decide Buy or Lease?
    23:27 Having an Expert on Your Side
    24:46 Raphael’s Books – Before You Buy That Building
    29:56 Getting an Agent for FREE!
    33:30 Building Your Brand, Improved Marketing
    37:44 Where to Start with Branding
    41:19 GeoCentric Marketing Focus
    43:03 Raphael’s Contact Info
    44:30 The Formula for Success at Anything
    Learn more about your ad choices. Visit megaphone.fm/adchoices

    • 50 min
    Wash-Dry-Fold: Best Pricing Strategy with Dave & Carla Menz

    Wash-Dry-Fold: Best Pricing Strategy with Dave & Carla Menz

    How do you determine the price of a Wash-Dry-Fold or a Pick Up & Delivery Laundry order? What's best for your business? What's best for your customers? Listen as we discuss all this & more in this episode of the Laundromat Millionaire Show with Dave & Carla Menz.

    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

    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
    CLA’s Wash-Dry-Fold Conference: https://www.coinlaundry.org/wdf2022/

    Timestamps
    00:00 Laundromat Millionaire Intro
    01:32 Our Background with the Debate
    05:57 Pro & Cons of By the Bag Pricing
    08:32 Interviewing the Customer on Satisfaction
    10:17 Is “By the Bag” really simpler and faster?
    14:31 How much time is spent weighing laundry?
    16:35 Overcoming the “By the Pound” Customer Confusion
    18:45 Keep the Pricing Simple
    20:12 What’s Best for Customers?
    23:09 The Perfect Solution
    24:41 Example from a Customer’s Perspective
    25:15 What We Decided
    28:47 Where to Learn More on Wash-Dry-Fold
    Learn more about your ad choices. Visit megaphone.fm/adchoices

    • 33 min

Customer Reviews

4.6 out of 5
12 Ratings

12 Ratings

maxwelldavid42 ,

High value listen

I enjoy this podcast bc of the relevant, real-world scenarios that Dave talks through. You can tell he cares about his listeners and his advice comes with a healthy amount of integrity

Workday fan ,

Not just laundry.

Great guests and I enjoy the full spectrum of leadership, team building and entrepreneurial growth centered on the laundromat business.

My only complaint is the audio mix quality. The intros and commercials are much louder than the main feed and are jarring if you are listening on a headset. Fix that please!

Albedo121 ,

Content might be good, advertisement killed it

I could barely get through any content without constant barrage of advertisements making any quality pretty moot. Wouldn’t recommend.

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