Jordan Berry Is Making His Millions in . . . Laundromats?! And He'll Teach You How to Do It Too! | Ep. 84

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 Newsletter: https://abundantjourney.beehiiv.com/ Instagram: https://www.instagram.com/abundantjourneypodcast YouTube: https://www.youtube.com/@abundantjourney Connect with Jordan Berry: Email: [e-mail] Phone: [phone] 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