Millionaire University He Was Broke… Until Laundry Made Him a Millionaire | Dave Menz (Part 2) (MU Classic)
#706 In part two of our masterclass with Dave Menz, the Laundromat Millionaire, we shift from customer experience to the operational engine that drives a truly scalable business. Dave reveals how documented systems, strong SOPs, and empowered employees are the foundation of long-term success — not just in laundromats, but in any service-based business. From unclogging drains before they flood your store to building a business that thrives while you’re on vacation, this episode is packed with tactical wisdom and real-world examples. We also explore innovative revenue streams, the truth about passive income, and how digital marketing is reshaping this traditionally overlooked industry. If you’re serious about building a business that runs without you, class is in session again with Dave Menz!
(Original Air Date - 4/29/25)
What we discuss with Dave:
+ Systems create true scalability
+ SOPs prevent costly emergencies
+ Maintenance must be proactive
+ Full-service laundromats win loyalty
+ Attended stores attract premium clients
+ Marketing works if product stands out
+ Revenue varies by market density
+ Partnerships can boost utilization
+ Always improve processes and systems
+ Humility and curiosity drive growth
Thank you, Dave!
Check out Laundromat Millionaire at LaundromatMillionaire.com.
Check out Queen City Laundry at QueenCityLaundry.com.
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