How to Start and Grow a Laundry Service Business (MU Classic)

#275 In this episode, Justin speaks with John Teasley on how he started and grew his laundry service business. (Original Air Date - 8/24/23) What we discuss with John: + The Fascination with Laundry Business + The Importance of Business Fundamentals + John Teasley's Journey into Laundry Business + Transitioning from Corporate America to Entrepreneurship + The Inspiration Behind Laundry Business + The Process of Starting a Laundry Business + The Role of Financial Situation in Starting a Business + The Importance of Having a Mentor or Partner + Two Paths to Starting a Laundry Business + Adding Value to the Laundry Business + Building Commercial and Residential Accounts + Marketing Strategies for Laundromat Business + Understanding the Drop-off and Pick-up Service + The Complexity of Pick-up and Delivery Service + Transition from Part-time to Full-time Laundromat Business + The Growth and Success of the Laundromat Business + The Team Structure and Expansion Plans + The Hiring Process and Employee Management + Future Plans and Business Growth + Advice for Aspiring Entrepreneurs + Closing Remarks and Appreciation For more information go to MillionaireUniversity.com To get access to our FREE Business Training course go to MillionaireUniversity.com/training. And follow us on: Instagram Facebook Tik Tok Youtube Twitter To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors. Want to hear from more incredible entrepreneurs? Check out all of our interviews here! Learn more about your ad choices. Visit megaphone.fm/adchoices

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Millionaire University is on a mission to help you build wealth, achieve financial freedom, and create a business that supports the life you want. We reveal proven strategies for business growth, personal finance, and investing—teaching you how to increase your income, build passive revenue streams, and take control of your money. You will learn how to start and scale a business, make smarter financial decisions, and build lasting wealth—all while creating a life of impact and fulfillment.  Growing a business and achieving financial freedom doesn’t have to be as complicated as some may think. At Millionaire University, we cut through the confusion and break things down in a simple, actionable way to help you reach your financial goals faster.  Whether you’re launching a business, scaling an existing one, growing your net worth, creating multiple income streams, learning to invest or developing a millionaire mindset to overcome obstacles holding you back, we’ve got you covered. In each episode, one of our Millionaire Mentors will deliver an action-packed masterclass, sharing exactly how they built wealth—and how you can do the same. If you're ready to take a smarter, faster path to financial freedom, welcome to Millionaire University—your school for wealth creation. Graduate rich, not broke. Get your FREE Business Training at MillionaireUniversity.com/training.