Why Laundromats Are the Best Small Business in America with Dave Mentz - Episode 182

Dave grew up in poverty and overcame superhero-like obstacles. His story, revealed in his debut book, Laundromat Millionaire – The Grit to Elevate an Industry is a life and business journey that doesn't stop at rags to riches. It begins with a stubborn and obsessive mission to be a business owner with a tenacious and genuine purpose to help others to do the same – even if you also do not have a college degree or perhaps because you have one. Dave teaches the principles of relentless studying of the greats to be a great, and knowing that even if an industry – like laundry – isn't sexy, you can make it so. His initial foray into business ownership was a side hustle alongside his corporate gig with Cincinnati Bell. He found his first business on Craigslist. Once he owned it, he overhauled it from struggling, losing money and outdated, to one that was a valuable proposition to serve as a vital community asset. In essence, he cared – for those who needed this service and deserve it. Curtis's motto is that what you learn today and how you position yourself will determine your future financial well-being 5, 10, 20 years from today. To learn more about how to manage your wealth in a practical way, visit www.practicalwealthadvisors.com  Links and Resources from this Episode www.practicalwealthadvisors.com Email Curtis for a free report - [email protected] Call his office - 610-622-3121 Connect with Dave Mentz https://laundromatmillionaire.com/ https://laundromatmillionaire.com/about/    Special Listener Gift Schedule a 15-Minute Call with Curtis Free Ebook Financial Planning Has Failed Show Notes Dave's background - 1:24 Money follows value - 4:15 Building their first store from scratch - 5:11 Being an essential community resource - 8:52 What makes laundromats unique - 17:24 Being self-employed or being a business owner - 29:06 Managing your cash flow properly - 32:03 Keep expanding your business - 38:08 Having a podcast with his wife - 40:06 The beauty of the laundromat industry - 43:23 Review, Subscribe and Share If you like what you hear please leave a review by clicking here Make sure you're subscribed to the podcast so you get the latest episodes. Click here to subscribe with Apple Podcasts Click here to subscribe with Spotify Click here to subscribe with Stitcher Click here to subscribe with RSS