Mason Klein is a 21 year old making things happen in a small mountain town in California. He has taken a quite the path to get to laundromat ownership and is out to make the most of it. 

Mason tells his story of how he wound up owning a laundromat and why he believes in it so much. Not only does he inspire other young investors, but also those who have had trouble taking their first step in the business. His mindset and boldness are going to take him far and he wants to share it with you!

In this episode of the Laundromat Resource Podcast, Mason and Jordan talk about:

  • The difficulties of the music industry in Los Angeles
  • The importance of financial education
  • Financial risk
  • The advantages of being young in the laundromat business
  • Advice for young entrepreneurs
  • The performance of his business
  • How he got two short term rental management companies’ drop-off business with no money
  • Brand recognition
  • Technology in laundromats

And so much more!

Mason, like all of us, has much to learn still. But what he has learned already, which is quite a bit, he shares with us on the show. He wants you to succeed and find financial freedom through laundromat ownership! And he wants to inspire more young people to take control of their lives through financial education!

Veteran or newbie, Mason brings something for everyone! This is a must-listen!

Listen To The Podcast Here

Watch The Podcast Here

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Mason's Bio

Hi! I Own 1 Laundromat, I have been in the business for 2 months. I’m learning a lot and have already doubled the income compared to the previous owner! It’s all about doing research and being nice to your customers! I was able to buy the business from being successful in the stock market. I made a 140% return on my investments, which I started when I was 19! I also have a music business where I sell beats to Artists. The Music industry taught me a lot about running the laundromat, which is funny because they are completely different things. I’m excited to be on the podcast, thank you for the opportunity!

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    Episode Transcript

    hey hey all you fellow laundromat lovers
    this is
    jordan with the laundromat resource
    podcast show number 28 and i am pumped
    as always that you are here today
    because today
    we’re going young mason is with us today
    he’s 21 years old he owns a laundromat
    and i am just fascinated uh by mason and
    his story
    and his mindset and just the way he’s
    going after it he’s got some
    awesome awesome input for anyone out
    there who owns a laundromat but also
    anyone out there who wants to own a
    laundromat
    particularly particularly
    if you’re younger or if you’ve been
    saying to yourself and i know you’re out
    there because i talked to a lot of you
    guys on coaching calls
    but if you’re saying to yourself ah man
    i want to buy a laundromat or i should
    buy a laundromat and you’ve been doing
    that for a really long time
    and you haven’t done anything yet this
    one’s for you mason
    tells you how to go after it and go get
    it so
    i’m super pumped about it i loved loved
    talking to mason
    uh this week and i know that you’re
    gonna love his story too he’s got great
    great input
    and he’s bringing some fresh stuff too
    and i just i love that so if you’re
    looking to get better with your
    own laundromat or you’re looking to get
    in the business mason’s got some good
    stuff for you today
    but i wanted to take a second and
    welcome a couple people who introduce
    themselves on the
    introduction forums if you go to
    laundromat resource dot com slash forums
    there’s a new member introduction area
    where you can go in there
    you can let people know who you are
    and where you’re at in your laundromat
    journey
    and go meet some other people who’ve
    introduced themselves
    again i say it all the time but it’s
    that networking it’s that
    working together that’s gonna elevate
    all of us all of our businesses
    and us personally um so get in there and
    start networking go introduce yourself
    if you haven’t done that yet
    and go say what’s up to some other
    people who’ve already introduced
    themselves this community is growing
    like
    weeds we just passed a thousand people
    this week we just this coming week i’m
    anticipating
    um at passing 10 000
    podcast downloads this week with this
    episode so that is
    just insane to me thank you guys all
    for listening and i mean i just i love
    that um
    so we’ll celebrate that next week
    hopefully fingers crossed we should make
    it though
    um a couple oh also i need to just shout
    out rob
    who is probably the envy of my wife
    because
    rob mentioned in one of the forum posts
    that he listens to the podcast at one
    and a half times speed
    as he walks around his neighborhood and
    i told him man my wife’s gonna be so
    jealous because she always says that i’m
    a slow talker
    and a slow thinker and uh man she could
    listen to me at one and a half speed
    she’d be a happy woman but rob
    ah wait to do it man way to do it all
    right and and a little ribbing there too
    i like that
    anyways hey a couple quick things i
    wanted to highlight from the forums is
    because i thought a couple of quick uh
    cool questions came up um number one is
    greg
    he has his eye on a laundromat and he
    wants to make an
    offer he needs some help figuring out
    exactly how to do that how do you
    actually present an offer is there
    you know maybe you have a template or
    a format that you use maybe you can head
    over to the forums
    laundrymatresource.com
    forums and help greg out with that
    and in a similar vein justin was saying
    um that he actually went in he’s got his
    eye on a particular laundromat
    and the seller basically shut him down
    when he asked if
    uh if they wanted to sell and so he’s
    figuring
    he’s trying to figure out what’s his
    next step so head in there and help out
    greg help out justin
    with those um couple of things and i
    just wanted to real quick
    tom donnelly this is specifically for
    you there are people who want your leads
    on laundromat so get in there uh back in
    that forum there’s people who’ve been
    reaching out to you so get back in there
    and go uh
    go go talk with those guys and see uh if
    you can work out a deal with them
    so man so much cool stuff happening
    right now
    so much cool stuff going on in this
    community i it just blows me away
    i’m enjoying every single second of it
    and i love it so okay enough of all of
    that
    because i really want to get into it
    with mason today
    but i do have one more quick
    announcement it’s something that
    i’m really excited about a lot of you
    guys have already done a free coaching
    call with me
    laundromat resource.com coaching and you
    can sign up for a free 30-minute
    coaching call it’s awesome i do
    probably two at least two or three a day
    almost every single day during the week
    um and so get in there and do that i’m
    not sure how long i’ll be able to do
    that as we keep growing
    so get in there soon but i added another
    option in there
    and this is not for everybody but some
    of you guys might really be interested
    in this and if you’ve already done a
    coaching call but you want to do
    another one this might be another
    awesome opportunity
    for you but i thought that i’d throw in
    an option
    for another free coaching block
    but this one’s on a video zoom and it
    would be recorded
    and we’d put it somewhere in the in the
    laundromat resource community
    for people to be able to go in there and
    see how the coaching goes and maybe
    learn from
    uh what we talk about in those in those
    coaching calls and be able to
    kind of get a glimpse into that so i
    thought that was a cool option maybe
    some of you guys are interested
    if not totally fine just throwing out
    trying to do different things to help
    you guys succeed in the laundromat
    industry maybe this is one of those
    things
    maybe it’s not we’ll see but same place
    to go
    if you want to do that and if you’ve
    done a coaching call before and you want
    to do a zoom call sign up for a zoom
    call i love to do i think it’d be
    awesome
    laughtermentresource.com coaching that
    link
    and every other link that we talk about
    in this whole episode today
    will be in the show notes youtube in the
    description down below
    you can find show notes at laundromat
    resource dot com
    slash show 28. all right
    that was a mouthful but let’s get into
    it with mason right after this
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    [Music]
    all right mason man hey how’s it going
    thanks for coming on the show
    thank you for having me i’m really glad
    to be here this is so dope
    hey man i i’m super pumped that you’re
    here because you have got
    uh man you’ve got a story and i am
    excited to hear i think it’s gonna be
    super inspiring for a lot of people
    um because you know one of the things
    you know for
    that i do is is coaching calls a lot and
    i get a lot of coaching calls from
    people who
    are either younger wanting to get in
    like you
    or people who have been researching
    for a long time like years and decades
    even
    who have not yet taken action and here
    you are what you’re 21 years old is that
    right
    yeah yes sir 21 years old laundromat
    owner
    and i just think it’s gonna be super
    inspiring so before we get there
    man tell us a little bit about you who
    are you where tell us a little bit about
    your background thank you thanks jordan
    um
    so as early as i can go back as when i
    was graduating
    high school about three years ago so i
    didn’t really know
    what i wanted to do with myself my mom
    was you know you can’t live here if
    you’re not
    working or doing anything i was just
    playing video games you know
    just didn’t know what to do with myself
    so then i finally
    found out the one thing that i loved was
    music so i went through the whole music
    route
    so i went to a college in high schoo
    after high school went to a music school
    in hollywood in la
    so i was like driving a couple hours to
    hollywood
    and i just europe and big bear right
    yeah well i moved to l.a
    okay i moved to my my dad was living in
    l.a but the traffic is wild out there
    yeah if you’re not if you’re not driving
    at 5 00 am it’s gonna take you two hours
    yeah anywhere you know to get to
    hollywood yeah
    so i was driving hollywood just grinding
    out the music
    and that was a really that’s what taught
    me like risk in a way because
    that’s such a hard business to just
    dip into it’s just so competitive but so
    i finished
    i finished and graduated um and got my
    certificate
    in audio engineering and so after that i
    got lucky
    found a job online doing um basically i
    edit business um voicemails
    so like uh let’s say you have a business
    you know for jordan
    press one for um whoever pressed two i
    basically i’ll take the dog out the dog
    that’s barking in the background i’ll
    edit it out
    so i just started doing that and i was
    pretty stagnant you know like i got
    comfortable but
    i started learning about you know
    self-growth and just trying to grow so
    um
    from that point i was still living up my
    dad and
    i got into the stock market and i
    started working some more jobs is
    learning about
    um it’s all about income like your
    income is basically where you’re going
    to be
    so on my audio job it was good but it’s
    not full time
    so i couldn’t just be comfortable so i
    started
    working more jobs i was working on a
    golf course working at target
    just really trying to save for something
    i didn’t really know what yet i just
    knew i needed to have some kind of a
    some kind of a baseline for what i would
    do later
    and i was trying to make the music
    happen because i have my own music
    business
    where i make um you know hip-hop beats
    rap beats stuff like that
    for artists and that’s hard that’s
    really hard because you have to be known
    to
    scrape really well into that but um
    so yeah i was just playing around with
    all that stuff and um
    so that’s pretty much like i was a
    stagnant just trying to grow looking for
    any opportunity
    i remember countless nights on google
    what are the cheapest businesses i could
    buy
    and you know pizza shops would come up
    laundromats would come up
    and i always had on the back of my head
    and um so that’s pretty much my
    story like how everything where i how i
    started where it came from
    um and
    so where did you okay so you’re you’ve
    been doing you’re working like a
    thousand jobs
    trying to create this base of money in
    order to kind of launch your
    next venture and you didn’t know what it
    was exactly but you’re you’re laying
    you know sometime i don’t know when when
    you’re working so many jobs but
    sometimes you’re browsing around the
    internet
    looking for businesses to invest in is
    that
    exactly yeah because you had all this
    money that i was saving
    um just because i knew because i feel
    guilty
    everyone has this phase where you’re
    spending money like i was a kid out of
    high school and i was
    making decent money for my age so i was
    buying like supreme shirts and
    champion adidas i was wasting all my
    money you know but
    you get this guilt in the back of your
    your head where
    i shouldn’t be doing this this doesn’t
    feel right you know it doesn’t feel
    it doesn’t feel like the right thing to
    do so i started getting into finance and
    financial and i was even going to
    college again to be a
    financial advisor and all this with
    covid
    yeah you know put a block on that but
    yeah yeah so
    yeah i knew i needed to save something
    if
    anything it could have been for
    retirement just because i
    my whole the whole way i wanted to live
    life was work now work work
    retire early and just live a beautiful
    life
    with um you know my partner or whoever
    that was kind of my goal for life yeah
    well i think that’s
    awesome and i think it’s awesome that
    you kind of came to this realization
    that
    you needed to do a little bit of you
    know financial education
    out of curiosity i mean i want to hear
    how that transitioned into you buying a
    laundromat in a second but
    um just real quick on on the side note
    of the
    you know financial education i think
    financial education is so important
    it’s something that we don’t really get
    in schools
    and you know it’s really something that
    i didn’t get until
    after i bought my first laundromat and i
    started listening to podcasts as i was
    renovating my my dump of a laundromat
    early on um and and that’s where my eyes
    really were open but what did you do for
    financial education that that kind of
    snapped you out of it
    you know that’s a good question like you
    said they don’t teach you in school and
    i
    i just came out of school so i can tell
    you everything i remember
    they don’t tell you anything about money
    and how many works but
    i just remember um my dad okay my dad
    kind of got me into bitcoin
    he’s like son you know what like we’re
    gonna make it because bitcoin
    this was before it exploded and um
    so that was like a controversial thing
    at the time no one really knew what
    was going on with bitcoin the cryptos
    you know so that’s kind of how i felt in
    the stock market because
    um bitcoin went crazy it went up to like
    14
    000 for a coin you know and that’s when
    me my dad started buying in but then
    that was the peak you know so yeah
    but these mistakes we make are great
    lessons
    for next time so i took that as a lesson
    and i said hey like what can i do that’s
    not cryptos because they’re trying to
    sketch
    in a way so i and i just i fell
    i fell into the whole stock market world
    and
    trading real business and so i start
    playing around
    and um risk is i feel like risk is a
    huge thing you got to take the risk you
    got to take the shot
    um because otherwise you’re just you’re
    not going to grow like how i was
    stagnant when i was working in one job i
    was comfortable with
    you always try to be just doing
    something
    um to grow and so and that helped
    um acquire my first laundromat um i got
    really lucky in stocks
    do you invest awesome
    cool cool so i’m sure you know about
    tesla uh-huh
    and i’m sure you know i’m sure you know
    what they were at last year and where
    they’re at now
    yeah yeah so i bought you know
    i’m not trying to i’m just saying like
    um when you have a win in the market it
    really
    keeps you to keep going so my big win
    was
    tesla and that keeps me uh motivated to
    keep investing so i mean
    i had i put i dumped almost you don’t
    want to put all your eggs in one basket
    but
    you know i really believed in elon musk
    i was kind of like a fanboy so i just
    dumped all my money in tesla and it
    worked out everyone didn’t believe in
    tesla but
    i really saw the vision with like the
    self-driving cars and all this
    so anyways i made like 140 percent
    off my money which is huge which is nice
    huge yeah because average is eight to
    ten percent
    yeah a year or so and that took time
    though you know the first four months
    is not making anything and that’s where
    most people say oh stock market’s a scam
    this is how you know this is just going
    to build gates it’s going to his wallet
    people like people think it’s a scam but
    you just got to be patient and
    i’m just saying all this because it
    really changed my life and i didn’t even
    think about buying a business until
    the this like everything leads to
    another happens here
    for a reason but so yeah the
    thank you so the tesla thing happened i
    had you know a big number in my account
    so i was like what am i gonna do with
    this you know should i just keep
    stacking it keep stacking it so in my
    head i’m just going to keep stacking it
    until
    the opportunity rises or find a skill
    and i can open up my own business
    because my dream was to
    have my own studio and like have seniors
    coming in and
    i record them and mix and you know
    master and all that cool stuff
    that was my dream having a nice studio
    in la
    and um what happened was cove would hit
    so i was with my grandparents at the
    time
    because they they’re pretty close to my
    dad switch between them to visit family
    and um they’re they’re older so i didn’t
    want to put them at risk
    so i came back i went up to big bear
    which is where i grew up my whole life
    and so i moved up to big bear my mom’s a
    real estate agent she told me hey
    i’m selling this big building for this
    woman and she’s selling the laundromat
    do you have any do you know anyone that
    would want this right
    and in the back of my head i remember
    the nights when i was looking up
    those businesses you know and i thought
    it was really cool
    but every time i looked it up on google
    you needed 700 thousand you needed a
    million you know
    for in l.a or yeah that was those were
    the prices in my area
    so i told my mom you know how much is
    this going for
    and she’s like you know less than 50 000
    or so
    less than 30 really depends on our deal
    so i was like wow you know this is
    something we can really
    shoot for so i just packed my bags came
    up here and we
    did it and we bought it me and my mom
    went half and half and
    i’m gonna pay her off over the year and
    then it will be it’ll be my baby
    no way so that’s really exciting yeah
    that’s super exciting and so cool and
    i mean it it also is kind of testament
    to you know
    having having your your eyes open and
    and you’re
    like letting people know too like hey
    i’m i’m
    looking for something even if you don’t
    know exactly what that is because that’s
    when opportunities kind of come your way
    uh when people see that and and your mom
    had this connection
    and and you guys jumped on it well
    that’s that’s awesome so how long ago
    was that uh so that was two months ago
    oh my goodness during kobud and that’s
    why i’m a big preacher for like you can
    do what you want because
    i ended up doing this in the worst year
    we’re gonna live in our life
    this is a hundred hundred plus year
    event
    um to happen to us so you can do
    anything that you
    want you just gotta make it happen
    but yeah we just acquired it two months
    ago wow
    wow so what was it like uh purchasing it
    how
    was it was it a difficult process i mean
    i i don’t know how much experience
    really you have or your mom has
    you know buying a laundromat so how was
    it kind of
    zero experience it was definitely
    one of those things where we had my um
    i have my dad and my stepfather are both
    businessmen so i was able to approach
    them and ask them questions
    so they helped me through the process
    but it’s also something that um
    you know when you think about buying a
    business it’s like oh it’s too much work
    but when it’s happening it doesn’t
    matter how much work it is you’re doing
    it
    at night after after your day job you’re
    researching
    um p l’s i didn’t know what a p l was
    i don’t know what that was you know and
    then i’m looking up like oh
    um how old the machines are you know
    when they’re gonna
    die just all the research so um it’s
    definitely
    as a beginner is difficult but that um
    you can definitely
    find all this information online and
    guide you to guide you
    yeah totally and and i think you
    you said it perfectly is you know it
    sounds overwhelming and it can be
    overwhelming but once you just commit to
    doing it
    you you just do it right like you you do
    that research that you have to do you
    find out the information you gotta find
    out
    if you don’t know how to do something
    you either figure it out or find someone
    who knows how to do it and you can just
    make it happen yeah that’s what you guys
    did
    exactly yes dang awesome
    okay well so you’ve owned it for
    you know eight nine weeks now right yeah
    yeah so
    what’s it what’s it been like i gotta
    tell you
    jordan is so crazy um i feel like a lot
    of people can relate to this
    i’ve just the best way i can explain
    this kind of like a car
    in my body i’ve always had the gas i’ve
    always had the feel but i never had the
    vessel
    to kind of drive me so i’ve always had
    something that i’ve always wanted to do
    inside me and i tried to put it towards
    music and i love music but
    that was never my car you know that was
    like my hybrid
    so when we did this business i could now
    that was my car
    so all this fuel i had i can just dump
    into it and all my passion
    all my this all the all the things all
    my knowledge and
    um i can just dump into it so it’s it’s
    changed my life 100 percent um
    going into it i thought it was it could
    be a scam it could be a
    risk you know but the things that i had
    learned in my experiences was to take
    the risk because it’s just a lesson
    for the next thing if it goes wrong
    don’t beat yourself up
    you know it’s just a lesson for the next
    one so because in the back of my head
    when i was buying this thing i was like
    what if another code
    happens or what if they’re lying about
    the p l or
    um you know what if we’re not making
    profits anymore and it’s a waste
    so that’s definitely some concerns that
    any business
    person will have getting into their
    first
    uh endeavor yeah totally and that’s
    super common and a lot of people that’s
    paralyzing for i talk to them all the
    time and coaching calls
    right uh yeah they can’t really get over
    that and understandably i mean it’s
    super scary so
    there’s no shame in that but on the
    other hand if you don’t take that leap
    if you don’t take that risk
    you know calculate it but if you don’t
    take it then nothing is going to happen
    so did you yeah did you uh
    what i mean what did did you do anything
    to kind of mitigate that risk did you
    like during due diligence were you how
    did you verify
    what she was saying or were you able to
    or did you just kind of say
    well we’re just gonna have to go with it
    and see how it plays out
    so yeah we made we did some check
    um so
    i did some recon as they would say
    i showed up yeah going south you know i
    showed up
    pretending to do my laundry but um
    yeah i showed up made sure you know the
    place was in the dump and wasn’t empty
    and
    when you’re acquiring a place you want
    to at least see what it is
    that you’re buying before you even
    consider it but i was there
    making sure people were coming in people
    were happy things were working
    that was a whole nother process too
    before we bought it um we
    put quarters and all the machines made
    sure all the drivers got how the washers
    were washing
    and all the different settings so that’s
    another thing
    that we did to make sure everything was
    working
    nice um but as far as confirming that
    the documents were 100
    accurate um the woman we bought from
    she’s a lawyer so we had some good trust
    in her
    because everything was organized
    beautifully in the p l so
    right away if someone’s trying to con
    you or scam you
    it’s probably going to be in like a
    google sheet or something you know right
    yeah but she was paying bookkeepers she
    was paying accountants
    so i had to stack up so that was one way
    to kind of
    that gave me confidence that it was
    legit
    and then going in and making sure those
    people showing up
    yeah right yeah it’s not it’s not a
    ghost town
    exactly right yeah well how how old were
    the machines do you remember okay so the
    dryers are older than me
    wow that’s not that hard to do in favor
    right
    i didn’t know this when i i learned all
    this that you can
    you can keep them maintained pretty well
    but yeah the dryers are
    22 years old okay they’re um they’re
    speed queens
    stack dryers and then the washing
    machines are
    16 gallon maytags and they were they’re
    about
    they’re about 10 years old okay yeah
    yeah so you got in there and you know
    verified as much as you could
    and then just pulled the trigger pull
    the trigger yes sir
    yeah another thing i recommend real
    quick yeah yeah is um
    if you have no experience like myself
    um see if in the contract you can put
    that they’re willing to train you
    and help with repairs and stuff like
    that for at least a year or two
    because um you know we ran into problems
    right away and you will
    run into problems um coming into this i
    was like i’ll get lucky you know i won’t
    need to
    hire anyone to help me but you don’t get
    lucky okay
    you don’t get lucky drier you don’t want
    to bank on it
    exactly so we had washers going out we
    had driers going out but in the contract
    we had in there that
    had to give some kind of effort in
    helping you know whether that’s just
    texting you know real quick how they
    would fix it
    so and they text me exactly what to do
    and voila
    you know problem solving now i know how
    to do it for the next team
    nice yeah that’s huge i think that’s an
    awesome
    awesome tip because stuff will go wrong
    especially if your machine’s a little
    bit older you know
    it’s just gonna it’s gonna go down
    that’s just what happened and they’re
    used a lot and
    you know stuff just goes down so having
    that support
    early on to help you build your
    knowledge and skill base that’s
    that’s awesome that’s a good tip thank
    you
    okay so you bought this laundromat
    and you own it now first of all
    like what did that feel like when you
    got the keys
    for the first you know that’s it’s such
    a surreal feeling
    because you don’t have to report to
    anybody you don’t have a boss i know
    you are the boss yeah and the thing that
    was so
    funny to me is like i gotta wake my butt
    up to open this place
    you know i never had that responsibility
    i was a guy to sleep in like i said when
    i was just starting and i was in high
    school everything was playing video
    games just
    just screwing around you know not i
    didn’t have any like i had the drive
    i just didn’t know what yeah
    so now yeah exactly no focus right
    so now it’s like i’m waking up at eight
    and i’m forcing myself up because that’s
    your baby you know you’re not gonna ah
    whatever and be late today
    it’s like no you’re going there at eight
    because people are waiting for you
    yeah yeah so it’s a
    it’s an awesome feeling it was kind of
    unreal
    for the first couple weeks you know
    people will come in oh you guys are new
    owners and
    you know sometimes you don’t know what
    to say and um sometimes they say yeah i
    work here because you you want to just
    you want to be humble you don’t want to
    belittle others and that’s kind of
    something i’m
    i do the best i can because i’m a little
    younger as i don’t want to come off
    um i don’t want to come off like i’m
    doing better just because i’m younger i
    just
    i happen to have followed some steps in
    a certain way
    um basically my my family showed me how
    to do that so
    that’s something i really try to do is
    not to make anyone feel
    any less for that reason yeah i think
    that’s awesome
    i think that’s awesome thank you well i
    remember you know getting
    the keys for the first time and then
    everybody kind of left and i was
    standing there like
    well now now yeah
    who’s going to tell me what to do now
    yeah it’s a it’s a pretty
    surreal feeling definitely unreal yeah
    um
    okay well tell me a little bit about
    what is
    uh like what does a typical day look
    like for you i mean you’re dragging your
    butt out of bed
    to go open it up you guys open up at
    eight o’clock so yeah our hours are from
    eight
    to eight thirty yeah okay so like i said
    i’m a total night owl you know i’ll be
    up until
    two three um but i’m getting better now
    because i
    gotta be responsible people counting on
    you
    yeah yes i learned that the hard way one
    day but
    we can get into that but um yeah so
    eight to eight so
    typical days you know wake up um go over
    there
    um just if i didn’t clean the night
    before i’ll do a quick cleaning of the
    place
    and then um i used to work my audio job
    my day job i was working in the office
    there so i was on site
    24 7 helping people out i feel like that
    helped so much
    yeah just to give people confidence that
    they have help
    um because there’s a couple we have a
    couple dryers that
    aren’t really dryers or more like slot
    machines
    you know sometimes they work sometimes
    exactly yeah yeah yeah we have a couple
    like that
    so i’m just giving people the confidence
    that there’s a problem they just knock
    on the door and literally
    i’m right there to help right and if i
    can’t help them i give them a refund so
    yeah i feel like that really helped a
    lot
    um but yeah so the typical day when when
    i was working there i’d just be in the
    office i was working my nine to five
    help anyone you know my lunch break i’ll
    do more cleaning in there
    um and then on when we close around 8 30
    if we have some people trickle in i i
    usually let them stay
    later if i was cleaning because it’s
    it’s all good
    yeah um but if i was trying to get out
    of there just so i’m sorry you know
    8 30 in the night um but yeah
    so that’s pretty much like a typical an
    average day we don’t get
    crazy traffic because we’re um we’re in
    a small town big bear
    city um it’s a small town and
    there’s four laundromats and all the big
    bear were all kind of spread out
    so it’s kind of like a gas station you
    know the closest one is where you’re
    going to go
    right um you won’t you won’t drive 10
    minutes to
    me unless you like me then you’ll come
    drive 10 minutes but
    for the most part i’m going to drive
    thank you
    thank you that’d be awesome
    but yeah so it’s just you know you we’re
    trying to make people regulars and
    it’s like the closest one is people are
    going to because so we had to step
    up the yelp game set up the google game
    um just really learning about all that
    stuff yeah
    so are you there are you there all day
    still
    or not anymore so not anymore now i’m
    i’m there when i’m fluff and folding
    okay um
    however during my day job i’m at my
    house now because a
    new new renter i’m a new renter awesome
    as well
    congrats man thank you just all kinds of
    big stuff happening over there
    thank you yeah yeah that’s cool
    appreciate it
    what uh what what struggles have you had
    so far there’s some that’s a great
    question
    there’s some there’s some real
    struggles that you gotta just you gotta
    pick your poison
    on some things because it can be late at
    night
    and you gotta ask yourself do you wanna
    clean now or tomorrow or am i going to
    skip it
    because it really depends if you’re
    fluff and folding or not
    and that’s another thing because i had
    no idea what that was
    and the previous people weren’t doing it
    so i started
    tackling that but um a struggle would be
    for us is just
    um keeping our regular not scaring
    anyone away if you know somebody
    suspicious comes in for a day that’s
    kind of something
    because what will happen is you know
    homeless person
    um will come in and i have total respect
    for these people i just ask them are you
    going to use their machines
    like if you’re not using our machines
    i’m sorry you can’t stay
    yeah but um so some some people look
    scary
    to our regulars you know sometimes
    someone uh homeless man will come in and
    i won’t see a regular for
    i haven’t seen one for months you know
    they get scared away and call me and say
    someone suspicious is here they’re
    looking around all your
    you know your tv and your speakers or
    you know scoping the place out i don’t
    you know sorry this looks
    weird so that’s uh i think that’s a
    struggle but
    we you can definitely prevent that so we
    just put in better security
    cameras um this one will
    track human faces so like that’s facial
    recognition
    stuff like that high tech i like that
    it’s all about we’re trying to keep our
    uh customers feeling
    safe totally no because if that happens
    i would feel awful if someone didn’t
    feel safe
    at our laundromat totally i would just
    feel very
    i feel terrible someone doesn’t feel
    safe so for a time i was even just
    um doing my work with the door open my
    office door i’d leave it open so
    everyone could see me
    and um i would be there to assist and
    they would know that place was safe
    because i was right there
    yeah yeah that was the main struggle
    yeah i think that’s a pretty common
    struggle no matter where you are really
    is
    you know the homelessness issue and it’s
    tough because it’s a tough balance
    between
    you know setting a firm boundary um but
    you know they’re also
    they’re people but they also do cause a
    lot of problems not just
    for you and your business but also for
    your customers and
    you know you want to make sure like you
    said everybody’s staying
    safe and feeling safe and you know
    because if not they’re not going to come
    to your business they’re going to go
    there they are going to drive 10 minutes
    down the road dear
    competitor right so um
    has there been anything uh surprising
    about it or anything that’s gone better
    than you expected
    after buying it those are good questions
    so it’s funny i never cleaned in my life
    before the laundromat
    i never did laundry in my life and now
    i’m folding 300 pounds every day
    so definitely just if you want something
    to happen
    you have all the tools at your disposal
    at your fingertips i literally went on
    youtube and looked up how to fold a
    fitted sheet
    because that that thing was the pain in
    my existence
    i could not fold that thing it was just
    a blob every time yeah you know
    yeah so you can just do a quick youtube
    and boom
    now you just practice a little bit and
    now everyone’s like
    wow yeah teach me how to do that you
    know so
    um things that you encounter you
    definitely just researches those forums
    um laundromat resource and you’re you’re
    incredible the channel’s great
    thanks i’ve been watching you the whole
    time yeah
    it’s a great resource i’ve learned i’ve
    learned all my fluff and fold stuff from
    you so
    awesome yeah well not for you but from
    the from the people
    yes killing it because those guys are
    doing awesome and you’re doing awesome
    from your hosts we’re gonna have to have
    a uh fitted sheet
    folding competition between between you
    and mark last camp
    so let’s do it we’ll see what happens
    marky’s throwing down the gauntlet man
    this is happening
    well one question that i really wanted
    to ask you because i think you have a
    really
    unique perspective on it is are there
    any you know there’s
    there’s not a lot of people your age
    we’re not buying any businesses really
    but you know especially in the
    laundromat industry because like you
    said when you go online and you search
    you see these big numbers you know they
    can cost a lot of money they don’t have
    to
    um and uh you know there are ways that
    you can get
    free laundromats um and and those can be
    legitimate ways or you can get them
    cheaper
    um but there’s just not a lot of young
    people doing this so
    um two questions one is
    do you see any do you see any advantages
    or disadvantages of being young
    and being an owner in this business
    absolutely the the biggest thing when
    you’re
    the biggest thing in your young that you
    have on your side is time
    so now you have all this time to make
    your laundromat
    uh your empire if you want to call your
    empire
    just to expand and grow it you have more
    time
    and the more time you put in your
    business that can be an exit strategy
    you know now you’re going to be selling
    for more
    because you have to put more time it’s
    going to be worth more
    it’s going to be more valuable to buyers
    so definitely it is the i would say the
    most most important things
    time having time on your side absolutely
    yeah that’s huge i mean i think that
    you’re right and
    and i think one of the things that you
    seem to be doing really well
    is leveraging that time to your
    advantage by
    you know by working at the laundromat
    you know
    you have other stuff to do but you still
    have that time and you can do what
    you’re doing
    you know from there for a while and you
    can you have that time to kind of grind
    you can work a day job and do fluff and
    fold and
    clean your store and get your butt out
    of bed and open it
    because you have that time right you
    don’t have a family
    right now and and all that so exactly
    exactly yeah huge well my my other
    uh questions kind of it’s along similar
    lines but do you
    do you have any advice for anyone who’s
    listening to this or watching this
    who is younger who maybe wants to get
    started
    either in in the laundromat business or
    you know
    in business in general do you have any
    advice for for younger entrepreneurs
    um yeah i would definitely start by
    just organizing and managing your money
    is huge
    i forget the exact numbers but if um
    there was a if you know there’s an
    emergency that cost
    a thousand dollars i think 90 or so
    americans
    would be in debt so just understanding
    that
    that’s scary you don’t want to be that
    one of those
    people and it’s okay if you are because
    you definitely you can catch up and it’s
    fine because you just weren’t taught
    in school and you never will learn uh
    never
    no one sorry you never learned from an
    outside source
    so um what i could
    definitely what i tell anyone that i me
    just because i feel it’s my duty
    is about investing whether if you want
    to go risk
    free you just go into an index account
    um or a roth ira
    you start like one of those accounts um
    those are super risk free
    because it’s all like s p 500 companies
    um or you can do single socks which is a
    little riskier unless
    uh you do some have time for research
    that’s what i did and then i found tesla
    so you could have you know you’ll have
    your big win and you’ll be hooked
    that’s that’s how it goes in the market
    you know yeah
    so but i definitely it’s all about just
    get the foundation
    of how the money works uh my dad was
    always telling me to take an accounting
    class
    learn all these basic business things
    um just because that’s the foundation of
    how your business ends in the house
    because that will apply towards any
    business you buy not just laundromat but
    donut shop pizza place whatever you can
    take it with you to any of these so
    i would say that’s my that’d be my
    number one tip
    that’s incredible incredible advice for
    young entrepreneurs but also for all of
    us really like that
    like we talked about already that
    financial
    education that you know is is key
    and because you’re not getting it from
    your traditional education sources
    you got to go find places to get it and
    there’s all kinds of places to get it
    not all created equal but there are all
    kinds of places you get it
    maybe i’ll ask you when i ask you about
    resources maybe i’ll ask you about
    uh if you have any personal finance you
    know recommendations yeah
    absolutely so that’s a little teaser for
    you
    we’ll get there um well
    is there anything else about your story
    i want to hear a little bit more detail
    about your
    your actual laundromat here in a second
    we have a little section called down to
    business
    um but any anything else about your
    story that you feel like we need to know
    before we move on to that
    um like i like i say
    and like i preach um you know this is
    the hardest year for
    anyone if you’re listening to this in
    your life this is the hardest year for
    you and
    all of us this will be because it’s a
    hundred year event
    um so the fact i have no idea if you
    told me two months ago i’d do this
    no way man you’re crazy like you know
    get out of here
    no so anything really can happen
    you just make the best decisions you can
    and you just
    stay humble and just um stick with that
    foundation and
    consistency um that’s really it and
    you know it’ll work out for you there
    will be a time where it comes
    your knowledge will be very valuable
    love it
    love it well let’s get down to business
    uh so you are located in
    big bear california right yes so for
    anyone who doesn’t know big bear
    california is
    up in the mountains it’s pretty much
    where everybody from l.a
    goes if they want like a quick day trip
    up to the snow uh
    big bear is the spot to go so it’s a
    smaller
    town relatively speaking um and
    uh yeah like i said up in the mountains
    so that’s that’s
    cool cool spot um you own
    you own one laundromat no real estate
    yet
    no real estate okay um that’s cool
    and one of the things oh and you’ve been
    in the business for
    what nine weeks is that yes yes sir
    that’s awesome that’s awesome
    one of the things i’m really curious
    about if you don’t mind sharing
    is how much does it cost to do laundry
    up in big bear
    that’s a great question and i actually
    don’t know how much it costs anywhere
    else so
    i won’t know if your reaction is a good
    one or a bad one
    so um pretty much we’re priced
    to we just match our competitors
    honestly
    because you know it’s it’s where you’re
    at it’s you’re going to go to the
    closest one not to the cheapest one
    really
    so yeah they’re all the same for the
    most part so
    for our two load um 16 gallon washers
    it’s two dollars
    for a wash you get two loads and then
    for our dryers which are also
    oh they hold two loads it’s um eight
    minutes for one quarter
    so about a dollar for your typical
    clothes
    if you’re gonna be drying like towels
    and all that they absorb more
    moisture so that’ll be five quarters
    five to six
    and um there’s a really big laundromat
    up here in big bear
    right next to one of the big grocery
    stores next to vaughn’s
    and they’re priced uh their 16 gallon
    machines are priced at two dollars
    um they have triple loaders we’re
    getting we’re going to be getting triple
    loaders soon ours broke down
    but um there’s our price at four dollars
    for a three load wash and the dryers are
    the same so every everywhere is the same
    it’s just
    your go which one you like to go to yeah
    which one’s
    probably more convenient yeah exactly as
    long as it’s clean
    exactly yeah and you’re not at
    too big of a casino yeah yeah yeah
    as long as yeah as long as there’s one
    or two then that’s okay
    yeah yeah yeah so is your your
    laundromat
    right now is unattended right nobody’s
    there during the day
    um at all times correct no one’s there
    at all times
    however i do enjoy spending my time
    there yeah
    cleaning and fluffing and folding so
    it’s half and half
    i’m gonna mark it down as partially
    attended okay yeah
    yeah yeah no that’s cool and it’s you
    who’s doing it right you’re the one
    they’re cleaning and
    yes and serving the customers and stuff
    yep
    again leveraging that time that you have
    right now
    it’s going to be awesome experience for
    you too you know because
    as you you know expand either in this
    business or in any business uh really
    you know you’re going to be learning
    things just by serving customers
    and learning how business works because
    you’ve put your time in there
    that i mean it’s really going to
    translate well you know whether you go
    to more laundromats bigger laundromats
    or some other business it’s still going
    to translate pretty well absolutely 100
    real quick you reminded me of something
    yeah something i learned that
    helped me massively it’s your mentality
    it’s how you think
    you don’t go into business to make a
    whole bunch of money
    and scam people or you know try to do as
    lease work
    and make as much money you go into
    business to serve
    your community so
    going into that mentality you will have
    the most respect for your customers
    you will do what is in their um favor
    and you’ll be thinking about them and
    that will make you more successful
    in the long run that’s what i believe at
    least that it’s working
    for us that mindset will make you more
    successful i mean you’re you’re dead on
    you
    have learned a lesson that it takes
    many people many years if they ever
    learn it at all
    um and i think you know that’s that’s
    one of the keys to business especially
    the way businesses run now
    you know if you can serve that customer
    and that
    is your number one goal well the money
    will follow right the money is going to
    come
    so you know you focus your time on
    serving your customer and let the rest
    kind of take care of itself obviously i
    mean obviously you want to
    be strategic about it right there’s
    nothing wrong with making money but
    um your priority needs to be serving
    people cool
    are you are you a coin store uh all
    coins
    yeah all quarters yes have you been
    affected at all by the coin shortage or
    not really
    not not i i don’t see how there’s a
    issue but
    yeah maybe that’s because i’m in a big
    sorry i’m in a bubble up here and
    yeah yeah well i think it’s alleviated
    some at least
    okay but so maybe you got in after the
    the hardest hit i’ve probably got i
    might have gone lucky yeah who knows
    um and then if you had to guess okay i
    know you were there basically 24 7 early
    on
    if you had to guess now how many hours a
    week do you think you spend
    working on your laundromat or at your
    laundromat
    so yeah when i was working there i was
    literally there
    16 hours every day um now i’m there
    about eight hours
    six to eight hours every day um because
    we just acquired a couple business
    accounts with the [ __ ] folds and
    um we can get into that in a little bit
    because that’s like a whole nother uh
    topic you know yeah um but yeah
    i mean that is something i want to i
    wanted to ask you about is
    so there was no fluff and fold before
    you got into it right so how did you
    what made you decide to do it and how
    did you start that because it sounds
    like you’re doing
    pretty decent fluff and fold business
    now and that’s pretty quick
    so that i have to say thanks to you
    because
    one of your guests uh matthew simmons i
    believe
    yes i heard his story at water that’s my
    favorite
    yep that’s my favorite episode on
    laundromat resource
    i watched that and blew my mind away
    about the website and
    everything [ __ ] fold related it just
    destroyed me you know so um
    previous owner at our place was not
    fluff and folding for them it was
    passive
    and um in big bear the population’s so
    low you know you have different
    uh tiers of laundromats up here like a
    small one will make 1000 to three
    thousand a month
    from the people that trickle in um so
    anything over that and the people that
    trickle in pretty much just pay the
    bills
    so anything after that is straight to
    your pocket
    for improvements um more new machines
    you know whatever you want to use it for
    so that’s the interesting thing um so
    pretty much those
    uh the your regulars and people coming
    in they’re
    there to keep the lights on and keep the
    water going right um
    so it’s really important to us to try to
    get some more business somehow
    and so um one day i was putting all the
    our new google information putting in
    there my
    i put my phone as the business phone
    totally yeah yeah just because
    you know you can ask me anything call me
    up i’ll be your you know we’re friends
    like we’re ladies now we’re buddies yeah
    yeah i’m gonna start i’m prank calling
    you now
    so um i was putting the information in
    the next day
    i got a call and basically a company
    similar to airbnb
    you know they called and they said hey
    would you like hundreds of
    pounds of laundry being dropped off or
    so and i said
    at the time i had no idea like numbers i
    didn’t know what to price a fluff and
    fold
    i didn’t know how much 100 pounds really
    was so like a piece of cake i could do
    that an
    hour you know when i’m done working i’ll
    just do on my lunch break or whatever
    yeah and then uh you know i finally
    figured a price point so we we do a
    dollar a pound
    okay for everyone for um commercial
    for business accounts and for uh
    personal
    just to keep things easy um but yeah the
    first day they dropped off the
    the 100 pound bag i was just staring at
    it
    i didn’t even want to move from my seat
    because it was the most laundriest scene
    in my life
    but this is coming from a guy who had
    never really cleaned or done laundry
    before owning the laundry yep
    yeah just you know i was spoiled in that
    way had mommy doing
    doing my laundry did you call your mom
    up and be like hey
    thank you
    i wish yeah i totally just
    you know i um we have a little market
    next door
    just got a red bull and powered through
    i looked up some youtube videos and
    you know how much bleach do i use on a
    16 gallon
    everything’s right there on google you
    just got to think to look it up
    yeah so but um yeah so we got
    uh we right now we have two business
    accounts we have um
    similar airbnb their name is vacasa and
    then
    we have another similar
    business wow rentals so they come and
    they drop things off
    dude that’s awesome and so did both of
    those come from your google
    my business listing it’s amazing
    i got i just answered the phone hey
    what’s up
    and you know it was the head guy at the
    other side
    and their friend mason yeah
    and you know like hey you know can we
    drop hundreds of pounds off and
    you know like i said no idea what that
    was but i gladly accepted
    and that alone because the previous
    owners weren’t really doing 11 fold
    for them they’re remote they weren’t in
    big bear um
    so it was passive and that’s fine if you
    want to do it like that
    that’s totally fine you know however you
    want to run your business
    so up to you it’s totally cool yeah
    totally
    absolutely for me it was like um
    our lease is two years so i’m trying to
    i’m trying to do as much as i can
    um just in case we can’t extend it
    because the whole building is being sold
    right now
    so there is a chance that um the
    building gets sold and then after the
    lease they’re gonna
    want um renters in there because that’s
    more profitable for uh
    for a business uh for a building owner
    so we’re just trying to that’s another
    thing is to think about like all those
    little
    cracks in the in the floor um and just
    be ready
    because um yeah so so the whole 5 full
    thing double or
    income dude killer that i mean that’s so
    that’s so cool crazy yeah and it speaks
    to
    i mean i think i think we’re getting
    there
    as an industry but it speaks to our
    the importance of just doing the simple
    things like
    have a website have a google my business
    account have you know manage your yelp
    page at least a little bit
    with a yelp business account you can do
    it from your phone
    so you know just do it get on google
    maps get on apple maps
    yeah we’re gonna find you yeah those
    kind of simple things
    um but you know if you don’t know how to
    do them you don’t know how to do them so
    um find somebody to help you do it if
    you don’t know how to do it because
    absolutely look at that man that’s
    basically doubled his business
    for free just by updating his google my
    business page so
    that sounds attractive to anyone
    if you don’t have a google my business
    account yet so
    man that’s that’s cool so do they drop
    it off on a regular
    interval like regular day regular time
    kind of thing yeah
    yeah so vacasa they pretty much it’s
    everyday
    and we we got an automated system
    because i had on my lunch break i was
    going over there and
    letting them in the office and we were
    trading you know dirty for clean linens
    right but then i thought why don’t i
    just put in a code on the door
    and then just give them the code so now
    i can now i can just chill here and
    actually have a lunch now yeah yeah
    right
    yes not eating on lunches and um
    you know right yeah so that and that
    that’s nothing just small little
    improvements like
    little all the little things they matter
    they add up um
    it’s all those little things but um
    so yeah they drop off every day from 80
    pounds to 300
    and uh my girlfriend comes helps me
    she’ll come and
    all right so you are recruiting some
    help i like that
    you got to get the girl yeah absolutely
    and they’re good at laundry good yeah
    they’re good at laundry but um yeah so
    she’ll so she’ll stuff the washers while
    i’m cleaning
    and um yeah and we’ll split it for the
    day you know so it’s a cool little thing
    that
    we got going on but and then the wow
    rentals they um
    they bring it like twice a week they’ll
    have comforters for us
    stuff like that yeah um we’re looking
    into getting more business
    counts um i just i yeah
    if you guys haven’t seen the episode
    with matthew
    that is the most that blew me away like
    that makes me want to get a website
    for the fluffing folds and all the
    things he talks about is
    huge that was the most valuable video
    i’ve i’ve seen so
    yeah i’ll link that if you’re watching
    on youtube i’ll link it down below
    because it really was
    uh just an incredible episode and if
    you’re
    listening on a podcast that link to
    matt’s
    uh interview will be in the show notes
    or you can find it at
    uh laundromat resource dot com slash
    listen uh is the link to
    the podcast episodes there so uh with
    matt simmons from curbside
    uh man that’s that’s awesome and that’s
    a huge win especially with the short
    lease you know it’s a little risky to
    have a short lease like that and not
    if you’re going to have business right
    in a couple years but
    you know if you can get a couple years
    of business experience
    and you can turn a profit of some sort
    in a couple years even if it closes down
    you don’t get to renew that lease or
    whatever
    you’ve gained uh a lot you’ve gained a
    lot you’ve gained a lot of experience
    you’ve gained a lot of
    um you know just knowledge and wisdom on
    business absolutely general on finance
    all this stuff so
    and systems i mean even even just
    putting in a
    a keypad on your door so that you don’t
    have to be there like that’s an
    awesome system that you put in place
    that
    you know dramatically improves the
    quality of your life because now you get
    to eat lunch yeah
    and it’s simple and cheap that’s like
    super easy to do yeah that’s stuff like
    that like you said it adds up
    right absolutely yeah awesome
    well dude thank you for telling us about
    your business uh
    that was very cool to hear about and
    it’s so cool for me to hear
    uh about how things work up in in big
    bear
    just because i never really even
    considered like obviously i
    you know there had to be at least one or
    two laundry mats up in big bear but i
    never really
    thought about it at all so because it’s
    a unique community
    right super cool to hear about it um all
    right
    well we have another section we call
    secret sauce
    listen up it’s the secret sauce
    and secret sauce is uh you know
    do you have any tips of something that’s
    working really well for you
    that you think would work well for other
    owners help them improve their business
    so it’s really interesting
    um we all come from different
    backgrounds and different industries
    so just based on what you were doing in
    the past is kind of like how you’re
    going to do things
    in the present future so i was a big
    i was in the music industry trying to
    be big and you know you know be with all
    artists and all that fun stuff but
    something i learned from music industry
    was brand recognition
    um for people to want to listen to your
    music they you got to have a good logo
    it looks good um the names you got to
    roll off the tongue
    like it’s all aesthetic because that
    that just didn’t want to come to you
    if it looks good so something really
    interesting when we came into the
    laundromat business
    when we were scoping out laundromats you
    know what everyone’s name is
    up here what’s that laundromat yeah yeah
    they’re all just
    laundromat that’s like if i was uh you
    know making music and my
    my name was music yeah musician yeah
    exactly
    so i was like that’s so odd well why
    you know so we got a logo
    um i got it on our shirt there it is all
    about long yeah
    i love it so it’s really brand
    recognition you’re establishing no we’re
    not just a laundromat we’re different we
    are
    something else this is a professional
    relationship that we have with you
    we want you to be coming back with us so
    we put the logo all up outside
    um our name all of our laundry we saved
    that
    that was the previous owner’s name we
    kept it um they gave it to us they let
    us have it
    we thought it was a great name it just
    needed the logo and the colors and
    so i feel like a big thing is brand
    recognition to separate you from
    laundromat just the simple you know the
    simple places
    totally that’s huge it’s huge and again
    another part of our industry that is
    improving uh but you know that brand
    recognition thing like you said there’s
    probably more
    you know just quote unquote laundromat
    you know businesses out there than or
    laundry or washitaria or whatever yeah
    you know wash house and
    you know that brand recognition is
    important because it
    not only you know makes you stand out
    from your competitors but it gives
    customers something to latch on to to
    identify with
    to it creates a an emotion in them and
    if you can create a positive emotion in
    people
    that drives a deeper connection so i
    think that that’s huge
    um and an awesome secret sauce i don’t
    think that
    you’ve gotten that one before but that’s
    an awesome one so way to bring the like
    youth spunk and forethought of
    brand recognition i love that i
    appreciate it
    thank you we have another section called
    pro tips
    pro tips and pro tips is for
    people like you 10 weeks ago who maybe
    haven’t bought their first one yet are
    looking to buy their first one
    and uh do you have any advice for them
    as they’re looking to buy their first
    laundromat
    i think i have two things that are huge
    for a newbie i’m still a newbie
    but i’m a little more
    um i’m a little less newbie you’re a
    step ahead
    yeah thank you i couldn’t i couldn’t put
    it thank you
    yeah um so i think something
    that could be very rewarding is the
    laundromat you’re buying
    um for instance the one that we bought
    had lots of improvement
    needed to be done which means lots of
    growth
    which means we can kind of grow it how
    we want we have that control
    if you go into bio laundromat it’s where
    it
    should be in your eyes like you have no
    vision for growing it you don’t see any
    improvements
    then basically it’s controlling you in a
    way because
    um you’re not affecting it the way
    you’re you’re not putting your personal
    touches on it your little
    you know your little touches but um when
    we went into this
    business it needed help it needed it was
    good and
    i have all respect for the previous
    owners they’ve maintained the machines
    they cleaned
    they did a beautiful job keeping the
    machines going
    however you know the place was boring
    colored
    yeah dated yeah and like i said totally
    understandable when
    these two people aren’t living in big
    bear you know so
    totally get it um but when we were
    buying i saw a vision i had
    boom my head just exploded with what i
    want to do you know we want to do paint
    we want to do speakers we want to have
    music we have tv we want to have just
    cool stuff right
    and now that’s all in my control i can
    put my touches my little touches
    and um that could be another little pro
    tip into that
    is um
    yeah here’s a bonus tip so if you are
    a little younger it it’s uh we just i
    don’t know why
    but i just know you know we know
    technology not saying
    older people don’t you can still learn i
    think we just grew up with that
    um totally that modern age the
    technology
    at the time and we just we just play
    with it and
    figure it out i think that’s another
    advantage is having technology on your
    side
    because i’m a lot of laundromat owners
    will not want to
    have any sort of automation or
    technology related devices
    but it can really help in the long run
    and to kind of go from that my second
    tip i would say
    is another thing from the music business
    um
    it’s funny because music actually helps
    you remember things
    so i make sure to always play music in
    my laundromat
    because and i just play spotify play um
    the playlist that we play is called um
    um there’s a playlist that has
    very clean music you know we play clean
    music we don’t offend anybody
    death metal right yeah yeah we just play
    scream all day yeah
    you know it’s a family-friendly place
    depending on your laundromat unless it’s
    you know where bikers
    come and hang out then yeah biker
    laundromats are
    popularity but for us it’s from family
    friendly place so we play clean it’s
    called
    top hits top today’s morning
    i forget you know it’s it’s on spotify’s
    thing but
    so if you hear a song that you like
    you’re singing along and you’re at
    my our laundromat your and the brand
    recognition it ties into that these all
    synergize
    it all synergizes with each other you’re
    gonna remember the logo you’re going to
    remember the smell
    that we use to clean with you know
    you’re going to remember
    um that dryer that didn’t work but the
    guy came and helped you
    all because of the music scientifically
    is proven to help your memory
    uh while you’re listening to music you
    have better memory you can
    um call things back easier so and it
    doesn’t hurt you know
    it doesn’t hurt to have some some clean
    music playing
    so that’s just a little thing we’ve
    we’ve been playing around with
    yeah totally and i i love that because
    i mean it kind of goes back to that
    brand recognition thing right like
    you’re
    you’re creating a feeling for people
    and that’s exactly what you’re saying
    right now right like if you
    are playing you know some clean music
    it’s fun it’s upbeat or whatever
    and you know somebody hears a song they
    like while they’re doing their laundry
    folding their socks or whatever
    um you know it creates a feeling in them
    and that
    feeling is something that people want to
    hold on to and it
    creates that customer loyalty and it’s a
    really easy way
    uh to do that so you know having a brand
    and
    playing music those little touches like
    that they’re
    it’s a big deal you know they add up and
    they are meaningful
    things i think those are awesome pro
    tips for newbies and for
    current owners who are you know running
    their stuff right now too
    so man kudos that was like two plus a
    bonus
    geez man just giving the house away
    today i love it
    i love it um
    uh man i was just gonna ask you
    something
    it was like a genius genius question
    i forget what it was maybe it’ll come
    back they’ll come you know i’m a part of
    that older generation that you were
    talking about that we don’t know
    technology we you know i didn’t read it
    like that
    totally you know i’m just kidding
    um hey well one question that i do have
    that i would i’m
    very curious about is do you have any
    resources that you recommend
    to help people succeed in their business
    or in their life
    and i also want to throw in you know
    personal finance resources
    you know we kind of talked about that
    too right i’m a complete youtube
    like nut job you know you that’s my
    spare time so
    for finance i learned everything from is
    can i mention other people yeah mention
    it man we’ll leave
    link them okay cool love it let’s just
    throw some wealth around for some
    people who are doing awesome stuff on
    youtube absolutely so
    the one that i would say is number one
    uh
    the channel is dave ramsey taught me
    everything about money
    um he’s very inspirational guy if you
    are religious um there are some things
    that kind of
    money ties into the bible in a way but
    if you’re not religious that’s okay
    um you know methods still the
    everything still works this is
    interesting to see how um religion kind
    of plays into business too
    um some other channels laundering my
    resource of course
    nice hundred percent nice man and that’s
    really the
    ones in the top of my head i can’t i
    mean really those are the only two you
    need
    as long as you have laundromat resources
    dave ramsey that’s it
    that’s it yeah yeah no that’s
    that’s awesome those are awesome
    resources especially if you’re i mean if
    you’re looking into personal finance
    i i really recommend you know finding a
    couple of
    uh people on youtube to listen to
    about you know personal finance somebody
    like a dave ramsey who has
    um one philosophy of
    of personal finance um you know if you
    want to kind of contrast that you know
    robert kiyosaki who wrote rich dad poor
    dad
    he is a little bit different philosophy
    of personal finance
    and so it’s just kind of interesting to
    hear the different philosophies and
    figure out kind of where you land
    on that spectrum between you know some
    of those guys so
    pretty cool uh man awesome awesome
    resources and i will
    link to dave ramsey’s channel and uh
    you know you’ve already found laundromat
    resource you’re already like if you’re
    listening to this or watching this
    you’re
    half the battle right there to success
    so
    go to cool man i mean this has been
    awesome i mean i love the fact that here
    you are
    21 years old kind of looking for your
    path in life
    looking in in the music industry which
    is this you
    probably cannot be any opposite of
    laundromats right it’s like sexy it’s
    like
    you know just like everybody knows it
    there’s big names in it
    and you know and then you got
    laundromats over here that is probably
    one of the least sexy businesses and you
    know
    nobody’s ever grown up being like hey i
    wanna
    i wanna do that i wanna be a laundromat
    mogul
    yeah not even my own kids are saying
    that so
    uh they all to be youtubers actually so
    oh that’s cool
    i know that’s fun yeah um yeah but
    anyways
    uh dude i mean this has just been
    incredible so thank you so much for
    coming on uh
    one more question i have for you
    is if somebody wants to contact you
    maybe there’s somebody young out there
    who wants to contact you maybe ask you
    some questions maybe there’s somebody
    you know old like me who maybe is made
    up of
    hip and their arthritis is acting up or
    whatever but they want to contact you
    because they’re just inspired by what
    you’re doing man because
    it really is inspiring you’ve taken some
    leaps that are really really difficult
    to take uh and and you’re doing it man
    you’re doing it and
    um but if anybody wants to kind of
    either say thank you for coming on or
    maybe you have some questions for you
    what’s the best way they can contact you
    uh my phone they can have my phone okay
    yeah dude at your own risk man you might
    yeah it’s all good
    all right uh 909 273
    5609 yeah no i’m totally open with just
    um collaborating if you will on ideas
    and
    um business endeavors and just helping
    people
    be more confident in this adventure
    their first adventure
    absolutely because we all started from
    zero
    you know and you see someone that’s up
    here you think wow that’s impossible
    but they climbed all these steps to get
    there and they will
    most of the time they’re 100 happy to
    help you climb those steps and yeah
    i’m on the first step you know so i’ll
    help you help me with that
    but you know i mean but taking that
    first step is
    it’s probably the hardest step right
    like
    so and i think that’s why where you come
    in
    as being somebody who is super inspiring
    and super valuable because
    you’ve taken that first step and that’s
    that’s the hardest one to do and you get
    it at a
    very young age
    and have kind of pushed through some of
    that like anxiety that well i talked to
    a ton of people in coaching who
    like they really want to get in the
    business but they it’s just so
    hard to overcome and take that first
    step
    because there’s so many what-ifs and
    there’s just so much tugging you
    you know telling you not to jump all
    your instincts are saying don’t
    jump um but if you want to get somewhere
    you gotta jump right and you’ve done
    that and so
    super valuable well hey thank you listen
    if you want to connect up with mason you
    know
    you got his phone number now he’s a
    brave brave soul
    uh putting his phone number out there
    for you to contact him but do it man
    shoot him a text shoot him a call
    uh and and tell him thanks and and ask
    him some questions because
    you know he is doing cool stuff i can
    tell you have an
    awesome awesome mindset and uh
    and you’re doing it man so cannot wait
    to hear how this journey goes and where
    it takes
    it’s weird the directions life takes you
    and
    i’m sure you’re just at the beginning so
    you’re probably going to be going all
    over the place and i i love it and i
    can’t wait to see
    where it takes you thank you and i just
    want to say thank you jordan for having
    me
    i love your channel you’re doing great
    things for everybody
    providing big value for newbies and
    veterans
    so your you know everything you’re doing
    is very appreciated
    thanks man i really appreciate that and
    we will catch you again soon we’re gonna
    have to have you back on here
    uh in the future and and get an update
    on how everything’s going maybe when
    that uh when that lease is up and we’ll
    see what you end up doing with it
    cool all right man well thanks again for
    coming on and we’ll talk to you soon
    thank you all right man i mean mason he
    just
    i love what he’s doing i love that he
    just went out there
    and got it i love that he’s been
    experimenting with a whole
    lot of different um things from
    you know crypto stuff to stocks to
    you know businesses now and just and
    just
    just so much cool stuff hip hop beast i
    mean everything he’s been all over the
    place he’s only 21 years old
    and this guy is definitely going
    somewhere and i
    cannot wait to see where he’s going and
    i love what he’s doing with his
    laundromat he had
    awesome awesome advice for younger
    people and for people who haven’t just
    gotten started been able to take that
    first step because it is really
    difficult to take that first step
    so there was great advice in there but
    for me and again i always say
    hey pick one thing out of each episode
    that you can take away
    from it and actually apply to your life
    figure out order your business figure
    out how to put
    something from this episode into
    practice and as we continue to do that
    episode
    after episode watch what happens
    to us as we grow personally and watch
    what happens to our businesses
    as our businesses get better and better
    as we just continually
    improve them one thing that i love
    actually two things that i love that he
    said
    the first is he said hey take a risk and
    if it
    doesn’t work out then just consider it a
    lesson
    and i love that because it takes the
    sting out of
    you know failure and you know failure is
    something that i think we fear i know i
    fear it
    all the time and i think in order to be
    successful
    you just have to be okay with the fact
    that you’re probably going to fail at
    some things
    and you might feel hard sometimes you
    might feel hard multiple times
    and yet every time you’re doing that
    you’re learning
    you’re growing and you’re setting
    yourself up for success even more so i
    love that he said that the other thing
    that i really loved was his i think was
    the secret song yeah
    and he talked about brand recognition
    and i
    i just think that that’s awesome you
    know that’s a it’s a tough thing to do
    with laundromats but some of you guys
    are doing it so well
    and some of us i’ll throw myself in
    there some of us could do a better job
    of brand recognition so i love that i
    thought it was a very kind of new school
    way of thinking about laundromats and
    i’m always looking for
    for the new school ways of doing things
    because life is always changing and our
    world is changing so fast
    we got to be able to change with it all
    right i hope you loved this episode as
    much as i did because i
    loved it mason you rock man and i can’t
    wait to have you
    back on to hear all the cool things that
    you’re doing um
    all right we will see you guys next week
    for show 29
    until then peace
    [Music]
    [Music]

    1 Comment

    Jim Morgan's Cleaners · December 8, 2020 at 7:13 am

    It’s truly appreciate your thoughts and I’m very impressed with your opinions. Whatever I thought you said so it’s very nice..

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