Homeless to $40,000 Per Month With Michael Jones

This episode of the Laundromat Resource Podcast is probably the most incredible episode you'll ever listen to. Michael's story of struggle and sacrifice after leaving the corporate job he hated, only to have to sleep in his laundromat and work non-stop is inspirational. But, the level of detail Michael gives on HOW he 10x'd his business is insane!

Michael takes us through the ads he uses, the strategies he employs, the reason he uses social media (it's not what you think), why he has a blog, how he gets commercial wash and fold customers, and so much more! He shares slides and screenshots, so check out the video if you want the visuals.

This episode is possibly the BEST interview yet and no matter where you're at on your laundromat journey, be prepared to get schooled. In this interview, Michael and Jordan discuss:

0:00- Intro to this episode.
7:27- Laundromats were a hidden gem.
11:49- How did you become interested in laundromats?
20:39- How did you overcome the fear of investing money?
28:42- It was too good to be true.
32:36- The one good thing that kept the business alive.
37:03- What changed from desperate to hopeful.
48:22- The critical principle of speed.
52:53- How to reinforce the habit of coming to the laundromat
1:00:03- The numbers that really matter.
1:05:28- The competitive game of longevity.
1:10:53- How much residential vs. commercial business wash and fold?
1:16:39- Laundromat community groups.
1:26:09- Turns per day vs. profit.
1:40:25- Robust keyword discipline.
1:44:42- How to get the most traffic to your page
1:53:29- Three kinds of ads you want to run for your laundromat
2:02:13- Pro tips for buying a laundromat.

Show Notes
https://laundromatresource.com/show114

Show Sponsors

AtmosphereTV- 50+ channels of positive, fun TV programming, allowing you to cut your cable bill and create a great atmosphere in your laundromat! Get the registration fee waived by using this link!

https://atmosphere.tv/partner/laundromat-resource

Resources
Waleed Cope's Podcast Interview- https://laundromatresource.com/show69
Laundromat How-To- https://laundromathowto.com/
Canva- https://www.canva.com/
Pexels- https://www.pexels.com/

Get Connected

Join Laundromat Resource- https://laundromatresource.com/pro
Laundromat Resource Coaching- https://laundromatresource.com/coaching
Laundromat Resource Courses- https://laundromatresource.com/laundromat-courses
Laundromat Resource Forums- https://laundromatresource.com/forums
Diligence Capital Investments- https://diligencecapitalinvestments.com​
Laundromat Resource Events- https://laundromatresource.com/events
Laundromat Investor Resources- https://laundromatresource.com/resources
Laundromat Resource Blog- https://laundromatresource.com/blog​​​​​
Be a guest on the podcast!- https://laundromatresource.com/podcastguest​
Laundromat Marketplace- Buy and Sell Laundromats for Free- https://laundromatmarketplace.com

Connect with Michael
[email protected]
https://Daytonalaundromat.com
facebook.com/daytonalaundromat
instagram.com/daytonalaundromat
https://clarity.fm/mikejones963​​

Social Media
Instagram- https://www.instagram.com/laundromatresource/
Faceboook- https://www.facebook.com/TheLaundromatResource
LinkedIn- https://www.linkedin.com/company/laundromat-resource
Twitter- https://twitter.com/LaundryResource
TikTok- https://www.tiktok.com/@laundromatresource

AtmosphereTV: https://atmosphere.tv/partner/laundromat-resource

Youtube playlist links
Podcast:
https://www.youtube.com/playlist?list=PLR1wdJneFmrNn5PJiM-oOSvNQ4AU2g2XK
Business Mastery:
https://www.youtube.com/playlist?list=PLR1wdJneFmrMQ32HHIme1dqYcbohmciyq
Secret Sauce:
https://www.youtube.com/playlist?list=PLR1wdJneFmrN_xCpJPdb6riqg9XHQNa6Z
Pro Tips:
https://www.youtube.com/playlist?list=PLR1wdJneFmrPPqkIVeSodNBP1n_xL6h_u
Recommended Resources: https://www.youtube.com/playlist?list=PLR1wdJneFmrN-Ym16AnRKEsAammnPp6d2

* Some links may be affiliate links in which the channel owner may receive compensation when you make a purchase using those links. Thank you for supporting the channel!