From Dirty Rags to Riches: The Dave "Laundromat Millionaire" Menz Story

What this episode covers

Dave Laundromat Millionaire Menz is a passionate Entrepreneur, Husband, and Dad from Cincinnati, Ohio. He is the owner of the Queen City Laundry Chain of Laundromats and the author of the “Laundromat Millionaire.” Dave grew up in poverty, worked his way into a corporate career, and then eventually took the plunge into starting his own business. He purchased his first struggling laundromat off of Craigslist, and began to turn it into a cash-flowing multi-million dollar asset. Having fine-tuned his operations over a decade, surrounded by his Rockstar team, Dave is obsessively driven to help, teach and inspire others. Today, he hosts his own podcast and speaks the good word of the Laundromat business to aspiring entrepreneurs. This Episode’s Heavy-hitter’s: Dave’s entrepreneurial journey began one day when he was getting ready for his job at 5 AM. He looked himself in the mirror and said “you’re a sellout.” He realized that he had abandoned his childhood dream and purpose to become an entrepreneur. Dave says that his former career as a bouncer served him well when taking over his first Laundromat in Flint, Michigan. Once he made the place safe and comfortable again for customers and had many of the machines fixed, he started turning over profit quickly. Within just a few weeks of opening his first laundromat and turning things around, people from the community were coming up to Dave in tears, thanking him for cleaning up “their” laundromat. The second location was actually negotiated after Dave was in the laundry business for about 8 months. Dave pitched the owners of a rundown laundromat and ended up leasing the business to turn it around for them. Dave rewrote his book “Laundromat Millionaire” seven times before releasing it. He started writing it to get across a story that was weighing on his chest and would rewrite it each year, changing the intentionality each time. Check out Dave's book: www.laundromatmillionaire.com If you enjoyed this episode, please leave a review: https://ratethispodcast.com/thepozcast #thePOZcast is brought to you by our friends at Interseller – the prospecting + outreach platform of recruiters and sellers. Whether you’re doubling down on business development or recruiting talent, Interseller does all the heavy lifting of finding contact data, automating the email and follow-up process, and syncs all that rich data into 20+ CRMs and ATSs. Reach out and get going in a 2-week *free* trial today and let them know you heard about them from Adam on #thePOZcast. Check out a free demo today! https://bit.ly/2Fbm/BZ If you are curious how Adam has created #thePOZcast and turned it into an ecosystem that builds real relationships, clients, thought leadership, and content, check out www.thePOZcourse.com. Thanks for listening! Check out more shows at www.thePOZcast.com

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