Ex-Call Center Employee Built a Million-Dollar Laundromat Business–Dave Menz | EP178

He was fully committed to having a career. That was until Dave Menz lost his pension. Realizing the power the corporate world wielded, he decided to finally pursue his dreams of entrepreneurship.

 

How did this guy without a degree go from employee to entrepreneur? How did he build that business into a million-dollar franchise? Listen in as Dave Menz talks about his struggle with school and how learning on the job proved to be more beneficial for him. Dave discusses his early career, his transition to entrepreneurship, and his strategy for purchasing and growing laundromat businesses, the importance of community and job experience.

 

Timestamps:

(00:38) — Podcast Intro 

(00:54) — Dave Menz's Intro

(02:26) — Blueprint for Success

(07:45) — Salary Range & Return on Investment for a Laundromat Business

(12:28) — High School Experience

(14:55) — Making Money in High School

(16:40) — Dropping out of College & First Post-College Career

(24:44) — Walking Away After 17 Years 

(28:13) — Purchasing and Growing the First Laundromat Business: Steps and Challenges

(35:43) — What it Takes to Revive a Run-Down Laundromat Business

(41:29) — Vertical Integration, Business Optimization and Keys to Success in a Laundromat Business

(49:38) — Advice to Younger Self 

(53:01) — Outro

Support/Contact Dave:

* LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/

 

Books and resources mentioned in this podcast:

* Resume course: https://bit.ly/podcastpcav  

* Podcast: The Laundromat Millionaire Show: https://laundromatmillionaire.com/podcast/
 

Need career or resume advice? Follow and/or connect with Jonaed Iqbal on LinkedIn.

* LinkedIn: https://bit.ly/JonaedIqbalND

 

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Thank you for sponsoring our show. If you'd like to support our mission to end the stigma and economic disparity that comes along with not having a college degree, please share with a friend, drop us a review on Apple Podcast and/or subscribe to our Patreon: https://www.patreon.com/nodegree.

Remember, no degree? No problem! Whether you're contemplating college or you're a college dropout, get started with your no-degree job search at nodegree.com.

Need career or resume advice? Follow and/or connect with Jonaed Iqbal on LinkedIn.

- LinkedIn: https://bit.ly/JonaedIqbalND

Connect with us on social media!

- LinkedIn: https://bit.ly/NoDegreeLinkedIn

- Facebook: https://bit.ly/NoDegreeFB

- Instagram: https://bit.ly/NoDegreeIG

- Twitter: https://bit.ly/NoDegreeTW

- TikTok: https://bit.ly/3qfUD2V

Thank you for sponsoring our show. If you'd like to support our mission to end the stigma and economic disparity that comes along with not having a college degree, please share with a friend, drop us a review on Apple Podcast and/or subscribe to our Patreon: https://www.patreon.com/nodegree.

Remember, no degree? No problem! Whether you're contemplating college or you're a college dropout, get started with your no-degree job search at nodegree.com.