Summary

In this episode of the Abundant Journey podcast, host Nick Zalk speaks with Jordan, a former pastor turned entrepreneur and laundromat owner. Jordan shares his unique journey, including the challenges he faced in the laundromat business, the lessons learned from his early struggles, and the importance of due diligence. He discusses who should consider owning a laundromat, the role of technology in scaling the business, and the opportunities available in building new laundromats.



Jordan also reflects on his transition to consulting and content creation, emphasizing the power of community and an abundance mindset. The conversation concludes with insights and advice for aspiring entrepreneurs, as well as Jordan's future goals and aspirations.



Takeaways

- Jordan transitioned from being a pastor to a laundromat owner.

- The decision to buy a laundromat was influenced by a friend's success.

- Initial expectations of passive income from laundromats were not met.

- Frustration arises when expectations do not align with reality.

- 95% of laundromats are successful, but Jordan found himself in the 5%.

- Finding trustworthy mentors is crucial for success in business.

- Marketing is essential, even when facing financial difficulties.

- Laundromats can be a great investment if bought correctly.

- The laundromat industry is evolving with technology and services.

- Community impact is a significant motivation for Jordan's work.



Chapters

00:00 - Introduction to Jordan's Journey

03:06 - Transition from Pastor to Entrepreneur

06:09 - The Laundromat Decision: A Unique Choice

09:06 - Challenges Faced in the Laundromat Business

11:53 - Lessons Learned from Early Struggles

15:04 - The Importance of Due Diligence

17:50 - Who Should Consider Owning a Laundromat?

21:09 - Scaling and Technology in Laundromats

24:03 - Building New Laundromats: Opportunities and Challenges

26:52 - The Rise of Laundromat Popularity

30:04 - Jordan's Transition to Consulting and Content Creation

33:03 - The Power of Community and Abundance Mindset

35:54 - Golden Nuggets: Insights and Advice

39:12 - Jordan's Future Goals and Aspirations



Connect with Abundant Journey:

Website: AbundantJourney.net

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Connect with Jordan Berry:

Email: info@laundromatresource.com

Phone: 1-714-869-7595

Instagram: https://www.instagram.com/laundromatresource/

Laundromatresource: https://www.laundromatresource.com/about-us/

LinkedIn: https://www.linkedin.com/in/jordan-l-berry/

LinkedIn: https://www.linkedin.com/company/laundromat-resource/

YouTube: https://www.youtube.com/@LaundromatResource/videos

Facebook: https://www.facebook.com/TheLaundromatResource/

X: https://x.com/LaundryResource