Dave “Laundromat Millionaire” Menz is a passionate Entrepreneur, Husband, and Dad from Cincinnati, Ohio. He is the owner of the Queen City Laundry Chain of Laundromats and the author of the Laundromat Millionaire. What makes Dave unique is the path he took to achieve his success. From poverty, to a corporate career, to taking the plunge into business and turning a struggling laundromat (that he bought off of Craigslist) into a cash-flowing multi-million dollar asset, Dave’s journey was anything but typical. In 2016, he parlayed his wealth of laundry experience into a new venture in the booming Laundry Pickup Delivery segment under the HappyNest brand. Having fine tuned his operations over a decade, surrounded by his Rockstar team, Dave is obsessively driven to help, teach and inspire others while elevating the laundromat industry to a whole new level through networking, service and collaboration.
What Expert Authority World™ is saying about the show:
- Great Show!July 22, 2022 by erseburse from United States
Always providing great content- keep it up!
- Insightful, inspiring and empowering!!May 6, 2022 by Anya Bartholomew from United States
This is a gem!! You've got to pay attention to "little" things to appreciation the power of this incredible useful information!! The more you listen, the more you love it! Try and you'll see!!
- Love love loveMay 6, 2022 by Tanyamariedube from Canada
What a great show. I loved listening to your episode with Dave Lorenzo on the 60 Second Sale. As someone who loves sales (but loathed them when I started with cold calls and cold door knocking), I loved what he said about hearing the word “no”. In sales, we are trained to look for the no’s. It makes us really good at it if we can really get into it. What you two were talking about with regard to how our limitations are i’’our minds really resonated with me. I love that because it’s a game changer when you understand that sales is just about helping people solve a massive problem and getting paid for it and then taking imperfect action, get on your feet and have fun. Thanks so much! Love this show.
- Amazing podcast!January 24, 2022 by maddie@podcastingyou from United States
This podcast is incredibly informative and empowering! Each episode is an insightful deep dive into an entrepreneurial story that highlights tenacity, innovation, and advice to help you level up in your own journey.
- INSIGHTFUL!January 18, 2022 by Mitko I. from Bulgaria
A ton of value, keep rocking!
- Great show!January 7, 2022 by Gisele_Oliveira from United States
I love this show. The host is really entertaining and the content is pure gold. This podcast became my top show. Keep up the great work, Mario!
- Insightful and wide rangingJanuary 7, 2022 by purpletom111 from United Kingdom
This is an excellent podcast for anyone looking to optimise their business. Mario is a fabulous host with brilliant questions and a relaxed, friendly demeanour. I loved Episode 261 about Growth Marketing, really useful - high product quality is the best marketing strategy out there!
- Brilliant insights from the best…December 27, 2021 by jxywvut from United States
No matter what big business mountain you are trying to summit, the EA podcast has something amazing to inspire and teach you how to start or scale your venture. I love tuning in every day to learn actionable insights from a new expert or industry. So much value to sink your teeth into. Give it a listen!
- Top Notch Quality Content for Authentic LeadersDecember 1, 2021 by dropinceo from United States
A meticulous production, a highly professional host with authentic conversation creates an amazing experience for the listener. A must listen for insights and inspiration for the Entreprener or C-Suite Leader.
- Love it!November 30, 2021 by Mariann!! from United States
It’s definitely worth your time if you are trying to stay informed.
- Actionable and InspiringOctober 29, 2021 by Ben_Cook28 from United States
I appreciate the authenticity, quality of the guests, and insights from this podcast
- Essential content for your entrepreneurial journeyOctober 17, 2021 by MCarmen Baldovi from United Kingdom
Mario’s interviews are full of valuable tips from business experts that you shouldn’t miss in your entrepreneurial journey. Listening to this podcast is being a massive help for me and I hope it is for you.
- Wealth of InformationOctober 8, 2021 by KPM D. from United States
Great interviews. Always great to have the opportunity to hear from experts in their fields and glean from their years of wisdom. Keep up the good work!
- Packed with actionable content!October 8, 2021 by mwforrester from United States
Mario has a top-notch podcast with outstanding guests! I’m able to come away with information that I can apply to my own business, to generate growth and increase my ability to provide positive impact. When you spend your time to listen to an episode of EA Effect you can be sure that you will get an amazing return on time investment.
- Powerful!September 3, 2021 by MichaelUnbroken from United States
This is the show I needed 13 years ago before I ruined my first business. I think being able to have tangible and practical insight from people who are one step ahead of you is everything congrats to Mario for an amazing show! - @MichaelUnbroken
- First Rate Host and Brilliant GuestsSeptember 3, 2021 by Wade Galt from United States
Mario is an extremely well prepared and professional host that gets the best out of his guests. He interviews fundamentally sound guests to share powerful business strategies and wisdom. Definitely worth your time to listen.
- Great show.August 28, 2021 by mdaciuk from Canada
Excellent interviews and guests. Liked the show on how to defend your reputation. “Customers, communities and critics.” Good way at looking at stakeholders. Thanks for the great content.
- Great topics - and tips!August 27, 2021 by Kate | EOFire from United States
Loving Mario’s podcast! Not only does he hit so many great topics, but his episodes are filled with tips and strategies you can actually use right now. For example, I just listened to his episode about Podmatch with Alex SanFilippo, and Mario doesn’t just read off a list of questions and move through the interview robotically - he actually has a conversation, and shares his own experiences with the power of guest podcasting and why others should be doing this to grow their own audience. Thank you, Mario! Keep up the heat!
- So glad I found this podcast!August 13, 2021 by Nate804 from United States
I’m so excited to continue jumping into episodes of this podcast. So much knowledge from so many successful business men & women. Adding this to my weekly workflow for sure!
- So much informationJuly 23, 2021 by abal31 from United States
Such a great show. So much information and helps with many areas of our business.
- 0285: Sales Driven Agency: Helping Founders Become Predictable, Sustainable and ScalableJune 28, 2021 by Mary2577 from Philippines
Thank you so much and keep on doing more great show.
- Easily One of My FavoritesMay 7, 2021 by ScottDGray from United States
I recently discovered Expert Authority Effect. It’s quickly worked it’s way onto my list of must listen podcasts. The episodes are less than an hour and packed with great information from top-level entrepreneurs.
- Priceless Content!May 7, 2021 by megan@podcastingyou from United States
Mario does such a good job covering a variety of topics. His guests offer awesome advice as well. I would recommend this show to anyone looking to learn more about entrepreneurship!
- Very helpfulMay 7, 2021 by Luke and Susie from Australia
As a business owner I love being challenged to see things a different way and be reminded of how to do thing better. This podcast has been so helpful to do that.
- Great ShowMay 6, 2021 by emj-js from United States
Mario does an excellent job being fun an entertaining while asking insightful questions to draw out the experise of his guests. Thoughtful, helpful conversations to make work and life better. Thanks!
- Smart Ways to GiftApril 26, 2021 by Michelle Kaplan from United States
I learned some key things during Mario's interview with Chelsea Martin on gifting. What stands out is how impactful direct mail really is and how important a customized presentation of your products not only creates happy customers, but also a great referral source. Thank you!
- Heart Centered SuccessApril 18, 2021 by Macnjacs from United States
Your interview with Brandon Fong was great. I appreciated the fact you started with the 3 steps, it was so valuable it really made me want to hear more. Thanks!
- Love this show!March 12, 2021 by Gisele_Oliveira from United States
This is so far my favorite podcast. It’s been my weekly dose of motivation and inspiration. Keep up the great work, Mario !
- So much value!March 7, 2021 by Loose Seeds from United States
The conversation with James, Sana and John Lee Dumas was awesome. Unique questions were asked by the hosts and JLD responded with gems that I stick right into my pocket. Thanks for this valuable info on how to up my podcasting game guys!
- Always Enjoy Mario's Interviews!March 5, 2021 by HarloB from United States
I really enjoy Mario and his shows. The Stress and Anger in the Workplace episode was great because it cut to the chase of all the issues around this topic. Great interview!
- Great PodcastMarch 5, 2021 by 11Dreamer11 from United States
Really interesting interviews that are really well done! Great listen and great for inspiration.
- InnovativeFebruary 22, 2021 by Michelle Kaplan from United States
I love Mario's energy! It captures my attention throughout his podcasts. Listenng to him and his guests, their ideas, actions, and accomplishments makes me brainstorm what's next for my business. Relevant and fresh!
- Inspiriation 7 Days A Week!February 19, 2021 by ST Rappaport | LifePix from United States
Mario doesn't miss a day. No matter what is going on, there's an episode relase. Mario is on a mission and nothing is going to stop him. He's a real model to be doing these interviews!
- An Expert on Experts!February 12, 2021 by Powerful Eric from United States
Love this show! Mario's show is a asset to podcasting. Thanks for helping others Mario!
- Now I knowJanuary 22, 2021 by Margo Lovett from United States
Mario, I see how active and generous you are in Podcast Paradise. Today, I listened to a few of your shows - episodes 1 & 59. Episode 1 brought me into the moment of prayer. You produced a show according to the Spirit. Now I know why you are so generous, able to operate from your seat of genius. Margo Lovett
- Keeping the BooksJanuary 15, 2021 by E-World from United States
Great interview with Judith keeping Net Profits as key thing to look at. Interesting point she made some owners make 30 millions but not enough Net to take a paycheck.
- Excellent podcastJanuary 12, 2021 by Atomickitten99 from United States
I’m enjoying the guest interviews. They are packed full of great nuggets! Thank you.
- Unique - Engaging - BoldJanuary 2, 2021 by Paul D Johnson from United States
As host of interveiw based The God Zone Show podcast I fournd Mario's show uniquely valuable in providing inpriation and engouragment for my work.
- Fun, insightful, and quality productionDecember 23, 2020 by koltrass from United States
Mario brings in top-notch guests for engaging conversations on a variety of topics. Moreover, his attention to technical (e.g. audio, editing) quality is obvious and makes a difference. Listen to be entertained and enlightened!
- Inspiring interviews to take the next step!December 12, 2020 by BillableWithBaby from United States
Inspiring interviews with interesting entrepreneurs inform and motivate you to take things to the next level. Always good things to learn and implement. Thank you Mario!
- Pure value, I love itDecember 4, 2020 by Jdoggg222 from United States
Mario has a way of asking the questions I am wondering as the guest is speaking. He seems to intentionally ask the questions that most benefit you as a listener. Great podcast!
- Loved the Craig Handley EpisodeNovember 13, 2020 by MHillfan from United States
Mario’s energy is infectious and Craig Handley is a character and some. But really every episode brings out the uniqueness of each guest. This pod has become one of my must listens›
- Inspiring. Informative.November 6, 2020 by SunDevil from United States
Mario is incredibly inspiring and does something few other podcast hosts can manage to do… allow his guests to actuall talk at length and answer his questions. He offers great information and I really appreciate that he is invested in what his guests have to offer as well. Other podcasts come across as an ego stroke for the host, but this podcast is truly here to help guests share their stories as well to the benefit of the listener. Worth subscribing.
- Game changerOctober 30, 2020 by Player's Handbook from United States
This podcast is informative and inspiring. I love it!
- If you are a wanna be entrepreneur look no further!October 23, 2020 by Elisa Di Napoli from United Kingdom
Great podcast full of interesting insights. The host is engaging and thoughtful and I can say I have enjoyed listening to each episode!
- Amazing Interviews not to miss!!!October 16, 2020 by Jbower1282 from United States
Consistantly uniques interviews or amazing people really making it happen.
- Mario is a great host with great questions!October 16, 2020 by alexdesigns from United States
Take a few minutes out of your day to listen to Mario. He is a super smart guy and I love the questions he asks his guests.
- A great podcast for dreamers and do-ers!October 16, 2020 by Chiquita2727 from United States
Lots of great information and inspiration for anyone who wants to turn dreams into reality. Mario brings a lot of spot-on information to this podcast.
- Great ShowOctober 9, 2020 by Palminchen from London from United Kingdom
Love the broad selection of topics for inner
- Amazing inspirational storiesOctober 9, 2020 by Nicholas Lee 18 from United Kingdom
This podcast is so good. The stories from the people sharing their stories about their struggles in life and how they overcame these struggles is just inspirational and helped me push harder when things get tough. Keep up the good work with these amazing interviews Mario.
- FantasticOctober 9, 2020 by sttoggyigctdrvy from United States
Mario goes above & beyond on his show. Lots of great information for his listeners!
- Top LearningOctober 2, 2020 by BLNT PPTT from Hungary
Love hearing these great interviews with a great host. Keep up the good work!
- Mario inspires!September 18, 2020 by CHRISTOPH - HABITFREAK from United States
These interviews are fantastic. Mario inspires with great questions that draw out great answers from his guests!
- Expert authority!September 18, 2020 by Tara Williams Phone from United States
Mario shares some amazing people on this podcast and they have some gold to share!
- Great show!September 10, 2020 by Karen @ Interview Valet from United States
Mario is an awesome podcast host! I love the FB Live interviews and the opportunity for listeners to engage in real time. The audio and video quality is spot on every time. Be sure to subscribe so you don't miss anything! You won't be sorry.
- A Podcasters Inspiration!August 14, 2020 by JamieKullman from United States
Mario has so much insight and delivers such incredible value through his show. I just started listening, but I've already learned so much from him and his wonderful interviews. Keep up the awesome work!!
- Quality professionalismAugust 6, 2020 by VirtForce from United States
I can’t say enough about how pristine and professional Mario is in his interviews. He truly wants his guests to have the best experience and recording possible. And not to mention he is fun and knows how to put people at ease in front of the camera.
- How to conquer your limiting beliefsJuly 31, 2020 by Dave4syth from United States
Listen to episode 103 an dlearn how to overcome your limiting beliefs. Great advice.
- I can’t believe how much I learned in just one episodeJuly 29, 2020 by AwesomeMontana from United States
Mario is knowledgeable, curious and able to bring great guests that deliver value that every business needs to understand! Outstanding podcast!
- Great content!July 15, 2020 by Cory Lee Leadership from United States
Mario does a great job of providing relevant information and bringing on guests to share their expertise in a variety of fields. Highly recommend his podcast!
- Fascinating interviewsJuly 10, 2020 by Bill Ringle from United States
Mario brings on accomplished guests and draws out their expertise and stories in a way that leaves me on the edge of my seat. Keep up the great work, Mario!
- Love It!June 26, 2020 by Laura Moreno Cabanillas from India
Loving this podcasts, an entrepreneur I really appreciate the energy and passion being shared to help us grow our business. Keep up the great work.
- Boost my Amazon sales!June 19, 2020 by SurvivalDad from United States
I tap Amazon as one of my sales channels and your interview with John Ghiorso was an eye-opener. Ignore at your own peril!
- Love It!June 16, 2020 by LauraMore from United States
I loved the Memorial Day episode, Mario! Thanks so much for creating this awesome podcast!
- Flawless interview styleMay 29, 2020 by GninraeL14 from United States
Mario makes everyone appear even more interesting to me. Great format and style!
- Come here for valueMay 29, 2020 by Joshua User 202! from Canada
Really appreciated this podcast for the raw, genuine interviews. Love it!
- Crisp and interesting interviewsMay 22, 2020 by Joel Goobich from United States
As someone who created one of the first podcasts dedicated to video marketing, I was very impressed by your recent episode about using video. Your interview style is crisp and interesting
- If you are in business, this podcast needs to be on your playlist.May 22, 2020 by Macstephen1 from United States
Mario has a great conversational style that helps his guests shine. This show is a must if you have an entrepreneurial spirit. It provides thought provoking content that will help any businessperson in their quest for success.
- New Subscriber here and on your YouTube ChannelMay 15, 2020 by Angela Brown Oberer from United States
Wow Mario you have a real knack for interviewing. You ask great questions and have a fun way of keeping the conversations lively and interesting. After listening to your episode with Owen Video I subscribed to your podcast and then I hunted you down on YouTube. High Five and great job!
- Very Professional & Engaging Show!May 15, 2020 by Mitche Graf from United States
Mario is extremely engaging and can hold your attention, and is a great interviewer! He has some great guests that really get into the details of running a successful business. Keep up the great work Mario!
- Great ContentMay 10, 2020 by Pilar S. from United States
Excellent! LOTS of advice from experts. The most recent episode talks about speaking–a must-listen for anyone who presents or is thinking about presenting.
- Great content!May 1, 2020 by @Mentally_Strong from United States
I really enjoy your podcast each time I listen. The content helps any entreprenur level up with they do. Keep it up and thanks for each episode.
- Professional and InformativeMay 1, 2020 by Bruce at Mindfulness Mode from Canada
Mario Fachini is an excellent interviewer and has terrific guests on the show. I highly recommend this podcast.
- Great PodcastMay 1, 2020 by Amber Fuhriman from United States
I love the topic of this podcast. The episode with Tod Lindsay is super super helpful!!
- Great find!May 1, 2020 by Reed Stiles from United States
Great message and content. Stumbled upon this due to the cool logo, stayed for the content.
- Great show and great host!May 1, 2020 by Laurapowers44 from United States
Love what Mario offers! So glad he is doing his show and providing all this helpful info! Keep them coming!
- Walks the walkMay 1, 2020 by Me15463 from United States
Mario encapsulates everything he talks about on the show. Be sure to tune in to this!
- Honest and authenticApril 17, 2020 by Deano3622 from United Kingdom
Wow, just come across this podcast. Mario is such an awesome guy. He comes across so honest and genuine. Loved the content. I honestly don’t know where you find the time?! Keep it up Mario, love how honest and real you are!
- Great and insightful!March 7, 2020 by Karty12345 from Australia
I really enjoyed this podcast, so much relevant content. Thank you!
- So much Value..!February 28, 2020 by Alex Dali Rizo from United States
Great content, I really recommend this to any Entrepreneur looking to excel in their path, Mario brings topic experts to teach and inspire your day
- Inspirational Intentional InformationFebruary 28, 2020 by 10Kforte from United States
This podcast shares the stories from people that are doing whatever it takes to rise up and help others along the way. “What Are You Made Of” is one of the many messages shared on the podcast. There are so many takeaways that are applicable to anyone. I really enjoyed listening.
- Wow!February 25, 2020 by Tyscoaching from Australia
Just listened to the 'rescue site AED Program' episode! If you love epic stories and inspirational people, this is the podcast for you!
- Motivation on TapFebruary 7, 2020 by AnthonyPGarcia from United States
Mario brings on some of the most impactful entrepreneurs to hear from. He dives into the key performance factors of their business. He extracts information very well and keeps the show flowing very smoothly. Definitely a show to subscribe to!
- Starting a MovementFebruary 7, 2020 by JustMe2say from United States
There are many areas of business and entrepreneurs have an opporunity to gain some insight with this podcast. Excellent interviews!
- Great Podcast For Entrepreneurs!February 7, 2020 by The Big Game Hunter from United States
Full of knowledgeable guests and useful information that will help you accomplish your goals in business and in life!
- Mario Truly Care About His GuestsFebruary 7, 2020 by Podcast Junkies from United States
Having met Mario and spent time with him at Podfest I can truly say that he is passionate about his show. He’s genuine and that clearly comes through in his own story and what he brings to every interview.
- Put your thinking cap on!January 27, 2020 by Cliff Duvernois from United States
This is probably one of the most information dense podcasts I’ve listened to in many moons. Each episode could easily be expanded out into 2 or 3 hours. Mario does a great job of asking the right questions to get his guests to reveal great tips, tricks and advice. Sure a lot of information can be applied to an entrepreneur but I found a lot of advice applicable to my personal life. This podcast is definitely worth my time to listen to and I’m looking forward to more episodes to come. Great job!
- Relavant for anyone!January 17, 2020 by HarloB from United States
I really enjoy Mario and his shows. The Stress and Anger in the Workplace episode was great because it cut to the chase of all the issues around this topic. Great interview!
- Mario nails it!January 17, 2020 by Mickiezada from United States
I've listened to Mario for a long time...his podcast is well produced, his guests are influencers and authentic authority, and chock full of insights and inspiration for entrepreneurs. Love it!
- Mario is the real dealJanuary 9, 2020 by jamesnewcomb.io from United States
I’ve known Mario personally and professionally for over a year now. He is genuinely interested in helping people succeed, and consistently over delivers in his interactions and valuable advice with fellow entrepreneurs, podcasters, what have you.In this era of showmen who “give value” only if they think they’ll get something in return, Mario stands out as a man among men. Listen to his show and learn what true leadership and value in the marketplace mean.
- Listening On My Entrepreneurial JourneyJanuary 3, 2020 by FromLisa2 from United States
I was surprised when I stumbled over the servant leadership that shows up in these episodes. It's collaborative. It's focused on relationships with clients versus transactions. I especially enjoyed the episode on getting clients without "selling" because it's more about genuine relationship building.
- A GiftDecember 25, 2019 by Lisa Vogt from United States
Mario uses all his talents, gifts and abilities to produce this life affirming show. It's incredible that we are able to grow our abilities and develop our talents and gifts just through subscribing and listening. Thank you Mario!
- This show is ON FIRE!December 14, 2019 by tibor.mindsethorizon from United States
Love your show Mario! Your niche is close to mine but I focus more on mindset and manifestation in a business setting. I tuned into episode #103 with Karen Brown which is dope! Keep up the great work!
- Entrepreneur Must ListenNovember 30, 2019 by HWoodwriter from United States
If you’re an entrepreneur this is a must listen show. So many inside tips and thought processes behind moving your business forward. Mario does a great job with the guests by asking the right questions at the right time. He and his guests give the information you need to grow your business and leadership skills.
- What a show!!October 26, 2019 by CWLuecke from United States
Man, do I love interviews with world-changers! Mario does an excellent job gathering the cream of the crop for his show and giving insightful interviews. Check it out!
- Loved it!October 25, 2019 by Seodrigo from United States
This interview was very enjoyable. Mario brought on a wise guest by the name of Michael Lauria. I loved the interview and Michael's perspective on the topic. He had wonderful insights and around min 31, he hit something very profound. Excited to share what I learned today with others. Way to go!
- Great listenOctober 25, 2019 by trinity3712 from United States
Good listen. Great range of guests and topics. Something here is you keep listening will help you in many areas of life and leadership b
- Great Knowledge!October 18, 2019 by Jon Vroman FRD from United States
Great show Mario! So much valuable information in one episode!
- Excellent show, very imformative!October 5, 2019 by Shaolin Soprano from United States
Mario loving the podcast bro, great content, immense value. Enjoying these interviews!!!
- Helpful Information!October 4, 2019 by The Medicare Nation from United States
Love the valuable information on these episodes! Lots of tips & tricks for every Entrepreneur to use. Kudos Mario!Diane Daniels Host of Medicare Nation
- Love Mario’s AttitudeSeptember 12, 2019 by marisaimon from United States
Mario’s heart shines through his interviews, making these fun and positive, and the people he brings on offer such a wealth of knowledge.
- Lots of Great Info!September 6, 2019 by DarlajPowell from United States
Mario provides lots of great info and advice in this 7 day a week show.
- Great Content!August 31, 2019 by LanceJohnson_ from United States
Mario does a great job of share valuable information that every entrepreneur could use and apply to their journey. Great work! 🙂
- Important information!August 31, 2019 by Allmenow from United States
Very engaging information. Mario draws out experiences and knowledge from his guests. Loved the show!
- Difference-MakerAugust 21, 2019 by Unlimited Beliefs from United States
Mario is a master at bringing out, shining a light on, and internalizing the difference-making mindset. His knowledge and experience and mission enable him to synthesize information into diamonds for all of us! What you want is accessible by taking in this show!
- Excellent InformationAugust 21, 2019 by Stallion golf from United States
Great advice and information with a wonderful blend of topics! Loved the episode with the british healthcare professional and the ideas shared on how to make the industry better.
- Motivating and valuable informationAugust 16, 2019 by Calvin Javier from United States
Great insight on mindset from business leaders and entrepreneurs making things happen. Definitely worth your attention. Will be listening and learning more!
- Good informationAugust 2, 2019 by FIRE NATION! from United States
Engaging interview with a british health pro, I was surprised to hear the similarties and the application she has for making healthcare better
- GreatnessAugust 2, 2019 by MiaSportFanatic from United States
Have had the chance to listen to one show so far but man, we should be paying for this information. Lots of greatness. Thanks for the heart to serve.
- Listen to the experts - and thrive!July 28, 2019 by The Marketing Book Podcast from United States
There's a lot of advice out there these days but, sadly, a lot (and I mean a LOT) of is from people with little to no expertise. That's not the case with this gem of a show. Listen to what the experts say and profit from the experience!
- Show is amazing!July 26, 2019 by BestMorningRoutineEver from United States
I love learning about mindset and how to master my thoughts. This show provide the tools!
- Great show!July 19, 2019 by Jefferson_79 from United States
Great information for all businesses.
- Good value!July 12, 2019 by Audrey purplele from United States
Great information that applies to any business! I really felt he provided value for my time.
- Interesting TopicJuly 6, 2019 by Real Estate Journeys Podcast from United States
Interesting topic. Great interviews. Keep up the hard work!
- Helpful Advice from ExpertsJune 14, 2019 by ichuck2 from United States
Mario talks to experts in a wide range of subject matters and asks good questions to pull out helpful advice.
- What a great show!June 14, 2019 by Christopher List from United States
Mario really brings out the best in his guests. The police dog trainer had such a great story. Can’t wait to hear more!
- Great!!!June 11, 2019 by tommye w-c from United States
Great podcast, awesome guests, incredible host!!!
- Fun & informativeJune 11, 2019 by Saoirse Sky from United States
Some people want something fun, others want something informative. This podcast gives you both!
- Great show!June 10, 2019 by CJThomas6 from United States
Very inspirational show! Appreciate the advice and thoughts shared by the host and his guests!
- Great podcastJune 10, 2019 by Rosie81200 from United States
Great podcast! Love hearing about the guests’ journeys and what they learned from them.
- Never Stop Learning!June 10, 2019 by Terri in Fairhope from United States
Tune in to this great podcast and host! You're probably really good at what you do (top of your game...an Expert Authority), but there is always more to learn...streamline processes and gain more freedom in your life. It's not always about the bottom line. This one is worth a listen!
- Amazing!June 10, 2019 by KatieHBrooks from United States
If you're looking for inspiration, tune in to listen to Mario and his top notch guests. I find that I am always much more motivated after listening to an episode of Expert Authority Effect!
- Wonderful show!June 10, 2019 by @IV-Heather Tieben from United States
Mario is a great host & puts on a wonderful show. The quality of his interview guests and entire production is impeccable, I couldn't recommend Expert Authority Effect more!
- You Will Not Be Disappointed!June 10, 2019 by Composer 1853 from United States
Mario does such a great job of engaging his guests from several different disciplines.
- The hardest working man in PodcastingJune 7, 2019 by EOFire.com from United States
Mario brings the HEAT with real energy and FIRE...don't miss the meteoric rise of this show!~ John Lee Dumas
- Great interviews and guests!May 31, 2019 by Mel Good Karma from United States
Thanks for hosting such great interview guests. Look forward to hearing more and kudos on so many a week and also videos!
- FantasticMay 31, 2019 by Jason A. Duprat from United States
Awesome podcast, going to be adding this one to my list. Interesting topics with great interviews, good sound quality.
- Enjoying!May 31, 2019 by Slordan from United Kingdom
Enjoy listening to Mario and how he opens up the conversations to ensure it’s as relevant to us as listeners!
- Nice variety and interesting topicsMay 31, 2019 by emjgreen from United States
Love the variety of topics presented here on this show. Looking forward to listening to more of Mario's show.
- Great Content! Great Interviews!May 24, 2019 by No BS Mompreneur from United States
Wow! Really enjoy listening to all these fabulous expert authorities!! Lots of valuable take aways that I can implement into my life. I will continue to listen and share with others!! A+++
- A great addition to build authority and create an impactMay 24, 2019 by Cloris Kylie from United States
A great addition to build authority and create an impact. Also, a different twist on the topic. Engaging. 5 stars!
- Filled with motivation and ideasMay 20, 2019 by Thomas O'Grady, PhD from United States
Mario does a great job interviewing and pulling the stories behind people's stories or success. Good pleasant listen. If you are in a journey of your own, these episodes will give some things to bring into your on life.
- spartancvMay 17, 2019 by spartancv from United States
Great job following your passion, your purpose and creating this podcast to help serve others! Keep up the excellent work.
- This podcast is the bombMay 10, 2019 by Posturedoc from United States
Mario always crushed it, and this podcast is another example of his amazing insights and knowledge!! Great work.
- Wow - love the video show.May 4, 2019 by Thehighenergygirl from United States
Thank you for the encouragement and tips on how to succeed on video and the repurposing idea.
- Motivating and Inspiring!May 4, 2019 by KatyJoyWells from United States
Mario brings such enthusiasm to his shows and his content is fantastic. I’m always learning new things to implement or new ways to grow, thanks Mario!
- What a great show!April 29, 2019 by Gene_HPLN from United States
Awesome podcast! Mario brings great topic, great guests, and it is very easy to listen to. I definitely recommend for anybody interested in business success!
- It's greatApril 10, 2019 by Ian Ryan from United States
Just had a chance to check out your most recent episode appreciate the great insight!Great delivery from the host & can’t wait to dig into future content.
- Love it!April 6, 2019 by Brendan @ Entrepreneurs&Coffee from United States
I love that this interview podcast doesn't feature the same old folks that everybody has on their show. Keep it up, Mario!
- Amazing!!!!March 15, 2019 by Lindsey Russo from United States
This show is so impactful! Hearing from the experts and how they take authority in their space is so amazing. Looking forward to more episodes!
- Learned what I didin't even know I neededMarch 15, 2019 by Camilla-Jean from United States
Great info. I love the Q episode because I get just quic interst snippets that may get me thinking about where my business might go.
- Fabulous Interviews!March 1, 2019 by Life&RelationshipCoach from United States
Mario does a fantastic job interviewing really interesting and successful business people who explain how they got to where they are - tips you won't want to miss when your trying to grow your business! Keep up the great work Mario! Coach Riana Milne
- A+ ShowMarch 1, 2019 by Gisele_Oliveira from United States
I love this show. It's so entertaining and I learn a lot from the interviews. I highly recommend this show if you want to level up his game as an authority.
- Inspiration, transformation, success stories!February 23, 2019 by Chabo101 from United States
The title of this review should just be enough but it is just more than that. Its life lessons, its listening to personal struggles and how they over came those struggles. Love to hear from people that change the world through their struggle and the lessons that i learn from them are just more than amazing. I love this.
- Great interviews!February 22, 2019 by AlyciaDarby.com PodcastManager from United States
These interviews are well done and his guests are prepared to give really specific insights and stratagies... great podcast, Mario!!
- Inspiring story of courageFebruary 16, 2019 by StrongHeart<3 from United States
I love that she found gratitude in her circumstances. lorie is an inspiration
- Powerful!February 15, 2019 by The Food Heals Podcast from United States
Mario's interviews cover a variety of topics and provide great value in all areas of your life! Episode 15 discusses how change is temporary and transformation is permanent which was really powerful for me. I love this message! Thank you!
- Great content!February 15, 2019 by Blakeob85 from United States
Great answers to common questions many entrepreneurs have! Thanks Mario for sharing your and your guests' insight!
- Real Actionable Tactics!February 9, 2019 by MattBMaverick from United States
What I like about Mario's podcast is that he pulls out actionable tactics from his guests that we, the listeners, can actually use. Great show!
- Great Listen!February 8, 2019 by Real Estate Investor from United States
Mario and his guests provide useful techniques to succeed in any business venture. The interview style promotes learning through real life examples of his guests. Great listen!
- Great interviews!February 8, 2019 by Matt B 1818 from United States
Love hearing these interviews and learning from people who are top in their industry. Mario is a great host and is not afraid to share his emotion!
- Love itFebruary 1, 2019 by Duffash from United States
I love hearing interviews of successful business women and taking away what I can learn from their journey. Mario is a great host! I have enjoyed what I have learned so far. Congrats on the launch of your new podcast!
- Strong, professional, enthusiastic!February 1, 2019 by pm legs from Canada
If you're looking for an interviewer who's going to take you to investigative places to help you be your best you, through your professional life, you'll love listening to Mario!
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Dave Menz [0:00]
Dave Menz www.LaundromatMillionaire.com You’re listening to EA interviews,
Mario Fachini [0:06]
EAInterviews episode 338 inspiration, transformation success stories and the imperfect action round seven days a week. Join Mario Fachini For today’s expert authority effect interview.
I don’t know about you, but I have always wondered, why are some businesses successful? Why are some businesses not? Doesn’t have a dream equate to having a successful business? I have found over the years decades, truthfully since I started all this. The answer is no. You can have the best heart in the world you can have the best dream in the world and good for you go for it with all sincerity. But it’s not going to equate to success. Now there’s people who are successful, and I personally think they’re pricks they’ll never be on the show. I like the people like the gentleman I have today, Dave Menz laundry mat millionaire from poverty to millions and he doesn’t only own a laundromat. He owns a chain of them. He’s a great guy ultra successful. And I can’t wait to dive in because he’s going to be sharing the story of where he came from to where he’s going to go. And I want him to bridge that gap for you. Dave Metz right after we thank our sponsor.
Sponsor – Get My Business Book Published [1:20]
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Mario Fachini [1:36]
Here he is, ladies and gentlemen, Dave men’s. Dave, how are you feeling today? Good Mario, how are you? I’m feeling great. And I can’t wait to honestly learn from you. I get the easy job of just asking the questions. But sincerely congrats on your success. And you know, what, what would you say is the biggest contributor to contribute to.
Dave Menz [1:59]
probably the biggest contributor my success is I just don’t know how to quit. Good. I tell people, you know, by talks about their superpowers, it seems to be a fun thing to talk about nowadays. What’s your superpower? And I tell people, I don’t know that I really have any I just won’t quit. Like you gotta you gotta kill me to get me to quit coming. And you know, there’s it’s good old fashioned tenacity, I suppose.
Mario Fachini [2:20]
That’s fantastic. Well, how did you end up choosing the laundromat industry?
Dave Menz [2:26]
Well, I’ve wanted to own a business since I was a little kid. I actually at my my kindergarten graduation, actually, they asked all the kids what they wanted to be when they grew up, and actually said I wanted to own a business. They know what an entrepreneur was back then. But that was my answer, while everybody else was saying they want to be a professional baseball player and everything. But the truth of the matter is, I didn’t always dream of owning a laundromat, I just dreamed of owning a business a day, I didn’t really care what the product was. I just love business business models. I’m kind of a business model geek, if you will. And the truth is I came from, you know, from a pretty poor background. I didn’t graduate didn’t go to college. And so I didn’t have a lot of options in life. And I got an entry level position at a local telephone company in Cincinnati, Cincinnati Bell, and I got that job. And I worked my way up, was there for 12 or 13 years. And I had the middle class dream, you know, the white picket fence, I had a young family and newborn baby at home, the whole nine yards. And I just realized one day it just clicked with me like what am I doing? You know, I’m, I’m 33 years old, 32 years old, I think. What am I doing? Why am I why am I continuing to trade my time for money, when my dream and ambition is really to own my own business. So I decided that day to pursue it and do something about it. But the thing was, I didn’t have a lot of money. And, and I you know, I didn’t know what I know now, but But I did think that I needed some seed money to get started. So we saved up over a few years. And I started looking into all the different business models, but I knew whatever I acquired and got into that I probably was going to need to keep my full time job at least temporarily. And so I knew that that lead lead lead eliminated a lot of you know, business models out there. And there was only a handful that were really really in that wheelhouse and the laundromat was one of them because it’s a flexible business. It’s semi passive in some ways. And I thought that I could enter the industry and, and own businesses as let’s call it a side hustle for lack of a better term. And then eventually,
Mario Fachini [4:28]
the new term to it nowadays, is
Dave Menz [4:30]
that right? Yeah, which I that term actually drives me crazy, but but it is what it is. But yeah, so long story short, I was looking for something I could do along with my full time job, grow it to the point where it could replace my income at my job. So I could quit my job and focus on it full time. And then I was hoping that if if and when I did that, that I would be able to take the business to another level. So you know, I is passionate as I am about our industry and the businesses that I have and the The chain of laundromats that I own and how laundromats are an essential, you know, community resource. And I love everything about the industry. The reality is, until I bought one, it was just like another business to me. And then I just fell in love with the industry and everything that it stands for.
Mario Fachini [5:16]
Let me ask you, how long did it take from use? I heard a few things in there. And you said, I got the idea here, we saved up for a few years, how much did you have to save up? And how long did it really take? Was it two years, three years, five years?
Dave Menz [5:31]
It was it was probably close to five, I think it was between four and five. Okay. And the reality is during that whole time, as we were saving, I was always looking at businesses for sale and different business models that I could start. But in the beginning, you know, we were saving roughly six or 7000 a year. So we were a middle class family and you know, saving five 600 bucks a month is about all we can handle. And so you know, year one, I would have six or $7,000. Well, that’s not going to get you too far. You’re too I’d have 12 or $13,000. And so every year we did it i It opened up new opportunities for me to pursue. When we got to that four or five year mark, you know, I had enough seed money where with a small SBA loan, I could actually I could actually do something. And it was perfect timing because I found a local laundromat for sale. That was a rundown dump just a couple miles from my home. And it just ended up being Yeah, it was it was a perfect storm in a lot of ways. Because if it were nicer and well run and mold managed and everything, it would have been much more expensive. And I wouldn’t have been able to afford it. If it had been two hours from my home, the whole side hustle thing really never would have worked with my job, because it would have just taken too much time and resources. And so I didn’t know anything about the business or even a lot of businesses. I just knew that. Well, whatever comes my way, this place is a couple miles from my house. That seems like a good thing.
Mario Fachini [6:48]
Yeah, so they’re saving that convenience factor.
Dave Menz [6:51]
Yes, yeah, absolutely. And I worked a lot of hours, I was a telephone lineman, I was the guy, the guy that climbs the telephone poles and fix the phone lines and stuff. So I mean, I would go to work. And there was some days that, you know, I’d worked the nine to five shift, but then we would get emergency call outs and stuff like that. And a lot of times an eight or nine hour shift would turn into, you know, 214 where I got home. And I never knew from day to day, what what that would look like and you know, call outs on weekends and stuff like that. So it was a it was, you know, I had an hour commute each direction. I mean, I just had a lot of things that weren’t working for me. And I just thought, Well, the fact that this is two miles from my home, it that has to be a good thing and play into my favor. And it absolutely did. It was it was you know, it was fantastic. In that sense.
Mario Fachini [7:36]
Yeah, it’s interesting. I love how you notice that. And I’ve noticed a lot of successful entrepreneurs, we look for the vision and we look for the future. I mean, you can see a rundown car, house, home business, whatever. And it’s like, oh, who would want that? And it’s like me, because it’s gonna be pennies on the dollar. Yep, you know, you pay you pay for that for brand new, everything sparkly, you’re gonna be paying a premium. Now if you don’t have the skill set the team or anything, or even the know how, or I’d say I’ll even make a joke and say, or five minutes to watch a YouTube video on even something to get on the right track. Now, Pete, most people just don’t want to but when you’re saying, hey, it was a little bit rundown, well, great. Now you’re not paying, you know that premium or even double what you could be. So how long did it take to turn it around and get it back to the point where it is? Wow, now it is that desirable business that you want and everyone else wants and you could sell for a premium?
Dave Menz [8:33]
Well, that first location because we had limited capital and limited time. I mean, it was when I first bought it. I didn’t mention to you Mario. When I first bought it, it was losing money on top of that, so I bought I paid roughly $85,000 for this business that was losing money. Everybody in planet earth knows a business that’s losing money isn’t worth anything. But you know, one thing I had learned about the laundromat industry is it’s very capital intensive. The infrastructure that’s in a laundromat setting is there’s a ton of value to that. And so I had I had learned that much about it. And so I knew it was worth something. And I did kind of a competitive analysis in the area and looked at competitors. And there was roughly nine, if I remember, right, it was nine laundromats within a 20 mile radius in any direction of this store. And every one of them were just terrible condition which is actually common for our industry. Unfortunately, that negative stereotype associated with a laundromat is is well deserved. But the reality is within four or five months, pouring everything we had into it sweat equity, and everything we had saved we got it to the point where it was profitable. It was probably making 1500 to 2000 a month in actual profit at that point, and that’s when I really caught the bug because I was just like okay, I knew it like I knew I was onto something because I knew I was just getting started. We hadn’t even really put any new equipment in it. We were just putting you know lipstick on a pig and band aids on everything and it was just it wasn’t a great situation. But you know when you come from poverty you learn Real quickly the word grit and elbow grease, and you just because you don’t have an out, there’s not a choice, you don’t have a choice standard or nothing. And so I just dug in. And the reality is that that store has probably always been my least nicest store. Because within nine or 10 months, I acquired a second location, that was also a rundown dump. But I had no money, like my credit cards were maxed out like we were tapped. But the good news was at that point, my first location was making two or 3000 a month. And so we literally doubled down on the second one. And being successful having an existing laundromat being in the industry, we were actually able to borrow some money for capital improvements and things like that. And so that’s really what kind of propelled us was, you know, so I joke to this day that to this day, that first store is still, I mean, it’s certainly a nice laundromat, but it’s not as nice as my other three, because by that point, I just had more resources available to me.
Mario Fachini [10:57]
And I love the I love the timeline there because I’m doing this all on the fly. But if you’re saving six to seven a year, for four to five years, that puts you at roughly 35,000. And the loan was probably for 40 to 50.
Dave Menz [11:13]
Well, we didn’t put all of our cash down, because we knew we needed a lot of money to put into Okay, the loan, I think the SBA required us to put, I think it was 20,000, down. And then so we had roughly another 15, but
Mario Fachini [11:24]
you had some leftover to do improvements and stuff. And you said within four months, you know, and that’s why I’m smiling about 1500 to 2000 a month. So you were saving six 700 a month, and it took some time. And some people might not even want to there’s actually like 99% of people wouldn’t even want to wait, but six to 700 a month. And now you’re getting 1500 to 2000 within the first four months. And you said by month nine, it was kicking off two to three on the first location, which allowed you so it took you four to five years to get that first one and it took you exactly nine months, roughly, to get a second location. That is some huge time compounding I want to ask you, is that one of the reasons you went into business? Because you mentioned the the hours for the lineman and just the uncertainty of it. Did you want to own your calendar? Did you want to want to own your time back? Yeah,
Dave Menz [12:19]
I wanted to have the cliche, the financial freedom. One of the things that when I got kind of burned out in corporate America, when I, you know had a good job, I was probably making 40 $50 an hour, and probably 70 or 80 with overtime. And so that’s a pretty good middle class job and a lot of environments. And when you grew up poor, that was really good money. So the truth of the matter was, I was very happy and content in the corporate America world for a while. And then one day, I just realized, like, we only get so much time on Earth. And every hour that goes by, we don’t get back. And here I am trading an hour of my life for let’s call it 50 bucks. And I just kind of had this like lightbulb moment as a young adult. And I was like, What am I doing? Like there’s, there’s more to life than this. And you know, and like I said, I knew I couldn’t do anything about it, you know, immediately, but I was like, I gotta like, I gotta start doing something different. Or I’m gonna be 5060 years old. And Bodhi is going to be broken down because it was a blue collar job. And you know, who knows, although even live because it was a dangerous job. I mean, it was, it was not a safe job. And it just, you know, it just didn’t, it just didn’t make any sense to me to continue that path. And I’d kind of reached the pinnacle of my career, like unless I wanted to go into middle management, which I really didn’t, then there really wasn’t anywhere else to go. But they just keep trading my time for 50 bucks. And when I started to look at it through that lens, I was just like, looked at myself in the mirror one morning, I was just like, What am I doing? Like, there’s gotta be more to life than this. And I tend to look at things through the lens of time, a lot of times and I remember looking in the mirror that morning, and I was just like, you know, you’re 28 years old. What are like you, you have your whole life ahead of you. What are you doing selling your time for 50 bucks. And that was really just kind of my lightbulb moment is if I gotta I gotta start doing something different.
Mario Fachini [14:10]
What if you went into middle management? Where would it cap out per year?
Dave Menz [14:15]
But can I have middle, middle and no middle manage? Well, I guess it defined depends on what you define as middle management. Yeah, I’d say 6% or low six figures. Okay.
Mario Fachini [14:25]
Now in business, what’s the cap?
Dave Menz [14:29]
There is no cap. That’s nice, isn’t it? It is it’s very nice. And in fact, I’ve, I’ve learned about myself I didn’t always realize this. But I’ve I’ve learned about myself that I have this abundance mindset. It’s just naturally, I’m sure I’ve learned it from a lot of places. I’ve read a lot of books and stuff. But I have this abundance mindset. And the reality is that early in life, I was always told if you don’t go to college, the only alternative is working in a fast food restaurant. There there is nothing else. And obviously I learned that wasn’t true. And so I made a decent middle class Is living without going to college. But then I was like, okay, but this isn’t enough. And then I got my business. And I was like, Oh, I got this little side business. And it makes me a couple 1000 a month, compared to most people having a good job. And a side business that doesn’t require a ton of time, didn’t require a ton of investment, you know, for the most part is semi passive or flexible. You know, Hey, that’s pretty good. And then I was like, but what if I get another one? And what if I get another one. And what I’ve told people is, since really, since I was, I would say, starting at the age of 28. Ever since that point, I’ve just realized that every time I put a ceiling on myself, psychologically, I shatter that ceiling. And when I do, or when I have done that, in the past, what I’ve always done is raised my ceiling and said, Oh, I thought 60,000 A year was was the maximum and I had to work 40 hours a week and climb telephone poles to get it. But now I realized, oh, I can do 100 And maybe not have to climb telephone poles forever. And then I realized, Oh, well, maybe I can do 150 and not have to work another job. And all these self limitations that I put on myself that at least psychologically a lot of them had to do with me not going to school, where I went to high school, they just pounded in us just ruthlessly, that you will, you will be nothing if you don’t go to college, there is no other alternative. And I didn’t know any difference. So I just believe that. But ultimately, what I’m getting at is that I’ve learned that every time I put limitations on myself and that I achieve or overshoot those limitations. I at one point, I just kept raising the ceiling. And then probably three or four years ago, I was like, What am I doing during no ceiling, there is there just is not a ceiling. And that was a I mean, this might sound kind of silly to our audience and stuff. But the reality is like it took me until I was in my early 40s To really for that to click even. So you know, growth and self education, all these things. I mean, they hit us all at different times. And it took me 20 years of being an adult to really figure out that I’m not really limited by anything other than my own knowledge, my own education, my own creativity, my own network, the value of a team that I can put together that can that we can leverage, all the things that just make business a beautiful, beautiful thing. And now I realized at 45 years old, I realized I have no limitations. Like you could have a person, there’s not a person on the planet that could convince me I have a limitation at this point.
Mario Fachini [17:25]
That is amazing. And inspirational too. Because there’s so many people that don’t believe that. And myself in the past was one of them. Because I didn’t graduate college either. I started my first business when I was 12. I remember asking my parents do I have to go to 12th grade because I was already I was making more money from my business businesses than I was from even working anywhere. So I was like, why am I going to school? I hate it to begin with. And but you know, you hear the same thing. Just like like you’re saying, Where are you going College? Where are you going to college? It’s like, is there some truth to this in? You know, you don’t want to be disrespectful. But at the same time, in my heart, it was like, this isn’t for me, and I just know it, but I couldn’t articulate it at the time. And as far as the age thing, I fallen victim to that to know I’m not a victim I fallen. I believe the falsehood in the past of, you know, look at Zuckerberg, look at all these people, you know, quote billionaires by 22 and all this and it’s like, oh, I might not there yet. Because it’s literally a one in a million. It’s not that it’s not possible. But it’s like you’re climbing up Mount Everest without a backpack or a coat. You know, Ray Kroc didn’t start his business to what 5560 or whatever. So the age thing, you know, I get it. You know, I’m not in my 20s. But at the same time, it’s like, well, I am supposed to be Zuckerberg by 22. However, better to find out by 4045 50 than never. Right?
Dave Menz [18:52]
Yeah, absolutely. Well, I’ve learned that even though it took me a while to figure it out. And I’m a I’m a slow learner. I’ve learned I’ve learned about myself that the reality is that I’m probably still in the, I don’t know, I don’t like to categorize things, but three to 5% of population in the world that that is not only chasing my dreams, but is already living my dreams. For sure. I’ve shattered what I thought was my ceiling five or six times. And most people that knew me when I was even in my teenage years or even early 20s Like they don’t know me, like they they think they know me because they knew me when I was 16. But I’ve been studying reading research, I’ve read 1000s of books, podcasts, just you name it, I cannot get enough information. So I joke all the time because my wife is in academia and she’s a school teacher. She has a master’s degree, straight A student, you know, full ride to college for academics. I mean, she’s the she’s a stereotype of typical academia and in every way, and I joke with her all the time that I’m the most I’m the most educated, uneducated man on planet earth. Because I had no I have no no No documents, no papers, nothing to hang out the wall. It’s just a whole lot of books.
Mario Fachini [20:05]
I same way with the books I, I remember, with the summer I read 14 Out of the 18. At the time my rich dad Series books, it was just like paper. And after that I’m like, Oh, now I can articulate what I’ve been thinking the last decade. Yeah, I’m not wrong. This is possible. And the truth is, I had been doing it, but it was just like, kind of a hodgepodge. I mean, shoot us in my teens, like, I just got my car like, no, Business mobile. At that point, in my mind. I was but I The hardest part was just articulating, here’s what I believe. Here’s where I’m going, Well, why aren’t you doing this? I don’t want to. I mean, that’s not an argument not right. You know what I mean? It’s like, once you get that knowledge, the belief, you have to have the belief, but when you have that knowledge there, and you can have a coherent conversation, people start believing you and backing off. And then you just go out and do it, clearly. And then no one questions you anymore.
Dave Menz [21:08]
Yeah, no, no, I have people way more quote, unquote, educated than I am. I mean, I have, I have on one side of my Hamlet family, I have over 40 cousins. And they’re, they’re all good people don’t get me wrong. But when it comes to success, you know, I’m way more successful than any of them. And some of them are doctors. But you know, and that’s just not, that’s not just an income thing. But that’s a lifestyle thing, a happiness thing. I mean, there’s a lot that goes into success, at least in my life, and how I define it. And I mean, I’m, I’m living my dream in every way. But one of the things that allows me to not put limitations on myself, is not comparing myself to others. So I use that example. But the reality is, I don’t compare myself to anyone, anyone else, or anything I compare myself to as who I was yesterday. And I just say, I want to be better tomorrow than I was yesterday. And that’s all I’m comparing myself to. And that’s how I’ve been able to accomplish the things that I’ve been able to accomplish that, quite honestly, no one that has ever known me at any point in my life would have dreamed I would have been able to accomplish including myself. Nowadays, I’m you know, I’m very well aware of my limitations, which is zero. But there was a time where I absolutely believed I was only capable of this, this and this, I bought that. And at some point, I shut that off. So it’s a pretty big deal. For sure. Thank you.
Mario Fachini [22:28]
So I have a couple more things I want to touch upon ask, qualify, not really qualified, just want to ask you more than anything. I don’t know why I’m trying to make up words, but you touched on how you grew up and where you’re at now. I never like to pry or push or anything. However, I have been trying to be the best host I can be and learn more and pull it out. So I do want to ask, how did you grow up? And you’ve been saying in poverty a little bit this you don’t know where I came from? What did that look like?
Dave Menz [23:04]
Well, the first thing I’ll tell you is I’m one of the most transparent people you’ll meet. So ask away Mario. Alright. Perfect. Thank you. I’m happy to share. There’s really no limitations as far as I’m concerned. Yeah, my parents, you know, I grew up in Flint, Michigan, which rough area well, in general, Michigan. Yeah, I’m a big, I’m a big Michigan fan, for sure. And that’s where all my family was from. But the reality is, my parents, you know, met when they were in high school, and they had a baby, and we’re married their entire senior year of high school. So you can do the math. We started out behind the eight ball, and neither side of their families were by any means wealthy. So there wasn’t much help other than just some hugs, financially speaking. And that was my brother, who’s two years older than me. But the reality is, I was born two years later, and they were probably 19, maybe 20. At that point, and that a family of four and no education barely graduated high school. My dad joined the military joining the Air Force and our family of four eventually turned into a family of five when my little sister was born. But the reality is, he was just an entry level, you know, peon, and they in the Air Force, and he made, you know, commensurate, a commensurate salary. So the reality is, I don’t ever remember. Like, we were never homeless. Like, I always tell people, I don’t want to compare poverty, like it’s relative, right? So I’ve never been homeless. I’ve never went without a meal that I can remember. So there are people that have had things way worse off than me. I’ll fully acknowledge that. But the reality is part of the grit and the ambition and the work ethic and drive that I have comes from the fact that from the day I was born, I never really had anything that I wanted. And I had most of what I needed, but there was definitely a lot of things that you know, part of that gray area of need versus want. I mean, I love the baseball but my parents couldn’t afford for me to play just even like local knothole baseball or Little League. Um, You know, so I would have to cut grass to help pay for that. Or I would have to use my birthday money, or whatever. And that’s, you know, and that’s roughly the first 10 years of my life. Now, my dad eventually, who’s a grinder himself, he’s not an entrepreneur. But he went in the Air Force, he got an education through the Air Force, some training, he became an IT person, by, by later in life as as a teenager, we were probably stereotypical lower middle class. So my dad dug our family out of a very bad situation over really his lifetime. And by the time I graduated from high school, they were probably pretty solid in the middle class. But even then, they didn’t have the money to pay for me to go to college. I mean, they just were happy to have a small house and a reliable car. You know, that’s what middle class looks like. And so that was my upbringing. But I wouldn’t change it for the world, because I had a mom and dad that loved me very much that supported me and cared for me. But I really, I really wonder sometimes that sometimes when people grew up with all these advantages, financially speaking, and kids, and I even wonder about my own kids, if I’m honest, I really wonder, like, are they am I am I actually setting them up for a disadvantage, compared to the way I was brought up, because there’s no doubt in my mind, I wouldn’t be who I am today. If I hadn’t lived the life I’ve lived and experiences, the experience, the things that I’ve experienced. So one of the things that still drives me to this day is no one’s gonna ever do anything for me. And so, like, That’s it, you know, if I want something, I gotta go get it. And when I was a little kid, I had to deliver newspapers and cut grass and sell candy and all the, you know, the lemonade stand and all those things, but I wasn’t doing it to be cute and funny, and then went back into watch TV, like, I had to make 150 bucks. And that’s all there was to it. And I was not going to quit until the sun went down. And I had 150 bucks, no matter what that looked like. So that I mean, that was my upbringing. Plenty of people have a way worse upbringing than me. And I’m aware of that. But the reality is, you know, our family was behind the eight ball financially, at least for the majority of my life. And when I was a young teenager, when I was 14, my little sister got brain cancer.
She ended up struggling, thank you. She ended up struggling for five years and eventually passing away when I was 19. So the reality is that that can really, really not can, it does really take a toll on a family, financially, emotionally, every aspect of it. So the point is, even as my dad got to the point where he had a decent middle class job, we had just this financial tidal wave and emotional tidal wave, just consumer family for the next five years. And so, I mean, as, as he made a little bit more money, it was basically all going to prescriptions and hospital bills and emergency surgeries and all the I mean, it just took over our life. And, you know, I can’t imagine how my dad felt having clawed for 15 years to get his family out of poverty, started making a halfway decent living, and then had just this monumental, you know, tidal wave of unexpected emotions and financial things that he couldn’t control. And he had nothing to do with. So the reality is, even though he was making better money when I was a teenager, we really were, you know, pretty lower middle class, if not even still fairly poor. I mean, he kept a roof over our heads. But short of that, I mean, I read this is a long time ago, but I remember my dad telling me this story of when my sister was sick at one point they had he had insurance, and her co pays, or his her prescription co pays were $5. And there was one month that they spent $370 on prescription co pays. So you can you can do the math. I mean, this is back in the late 80s, early 90s. But you know, if you look at prescription co pays nowadays, I mean, I don’t even know what the numbers are the math, but I mean, it would have to be the equivalent of $1,000 a month just in co pays for prescriptions for her. Oh, it’s probably even more than that. Yeah. So I mean, it was just, you know, everything in life. It’s kind of
Mario Fachini [28:57]
crazy, because that’s somewhere in the ballpark of 60 to 80 prescriptions. Yeah. Oh, yeah, or 60 to 80 refills, or I don’t know the number of prescriptions, but that’s it was an enormous amount.
Dave Menz [29:09]
It was, I mean, she, she was as sick as any kid can possibly be for five years. It was awful. I mean, she had five or six, eight or nine hour surgeries, from world renowned surgeons that would fly in from overseas and perform these surgeries. It was very, it was a lot. It was a lot for our family to go through. So the reality is, financially speaking, as my dad was trying to claw us out of poverty, we kind of got hit in the stomach again for five years, and unfortunately, she eventually passed away. And then that’s when they really, you know, probably found themselves in middle class, which is when at this point, I was an adult, but they didn’t have any money to help me with college or anything like that. So here I was a young adult, my sister just passed away. And I’m just, I’m just looking at the world going I have no idea what to do, but I gotta get to work.
Mario Fachini [29:56]
Yeah, you know, I’ve gone through things myself and I personally, at least with my personality and temperament, I’d say the emotional toll, you can always make money back. It’s not fun to have a catastrophe. But the emotional toll. You know, I’m really sorry to hear that. But at the same point, I get where you’re coming from, because it’s like, if I didn’t go through that, would I be the person I am today, because I know people that grew up worse, grew up the same grew up better. And every single one, it’s like, you might have all the resources in the world, but your parents never supported you, and you have no time. Or you have no resources in the world, but they supported you. But everything was an uphill battle, or some combination of both. It’s like, what’s the scenario where it’s like, everything’s good. And you don’t have any heartache? Well, you’re not going to be the entrepreneur, you are without it, I don’t believe. Yeah. Or at the very least, not relatable enough.
Dave Menz [30:55]
Yeah, yeah. Well, you know, one thing I’ve there was a time in my life where I felt sorry for myself full disclosure. But the reality is that, you know, as you get older, you mature a little bit, you have a lot of conversations, you do a lot of reading and self evaluation, and you eventually realize that, you know, what, the things I went through are different than what other people have went through, but we all go through things. No one is exempt from them, no matter how things appear on the outside. You know, we all have our adversities. And the reality is, that’s a part of who, you know, part of how we become who we are. And so, you know, as warped as it may sound, Mario, I mean, I’m grateful for it. I mean, I’m not grateful that my sister passed away. But I’m grateful for the knowledge and the experience and the perspective on life, that it that it gave me, you know, at a fairly young impressionable age, I mean, I passed away when she was 19. I was 14 when she got sick. So that’s a pretty pretty impressionable type impression. I
Mario Fachini [31:50]
mean, that’s literally a quarter of your life. Yeah. Because it wasn’t a finite thing. I think, not enough people realize, hey, something started here. But it went on for this long, it’s like, well, relative to the age what, what percentage of that? I mean, if something happens from 20 to 40, or 10, to 20, they’re both 20%. That’s half your life.
Dave Menz [32:12]
That’s a lot. And to be honest with you, Mario, that the the conversation I talked about a few minutes ago, when I said I just had this aha moment of what am I doing with my life? Why am I trading my hours for $50? You know, it was it was 1012 13 years later, maybe, that I had that aha moment. But I’m very confident that it had something to do with my sister losing her life at 14. I mean, she was nine when she got sick, and she passed away at 14. And I don’t know why it took me that long for it that click, you know, probably a lot of self evaluation in there, too. But the reality is that I have no doubt that that was at least a piece of that is what what am I doing like Lisa was her name. You know, Lisa didn’t live past 14. And here I am, like, I was probably 2029 At the time, and I’m not chasing my dreams. I’m just trading my time for money in a job that I’m, you know, when I first started it, I enjoyed it. But by the end of my corporate career, I was pretty miserable. And I was just like, Here I am 33 years old and miserable.
Mario Fachini [33:09]
You didn’t want to spend the next 50 years now intending on?
Dave Menz [33:13]
Absolutely not. And, and I didn’t care what the result of that was, like, I didn’t care how hard I had to work, how much I had to sacrifice, there was two things. And there still are two things that I’m not willing to do. One of them is do anything that’s illegal. And the other one is do anything that I view is unethical. And that’s a gray area for people I get that. But I those are the two things that I’m not willing to do. But short of that sacrifice, delayed gratification, you know, humbling myself, you know, all the all the things that come with being an entrepreneur and a business owner, I have no problem doing and never have. And still don’t. Even though at this point, I probably don’t need to do those things anymore. Like I said, that ceiling just keeps getting raised. So I just keep chasing this false ceiling.
Mario Fachini [33:58]
Yeah, it’s, it’s great that you’re willing to do it. But I can also relate it’s nice when you don’t have to as much any. Absolutely. Thank God for the break, you know, 20 year overnight success. Right?
Dave Menz [34:10]
Right. Right, exactly.
Mario Fachini [34:14]
So I want to ask you, you’ve shared so much so far, but I just want to ask you, if you were if you were to sit down and had just a few minutes with someone and said, Here’s what I’ve learned from point A to now from the time I started to now, what would you summarize a couple things to say, here’s here’s the big game changers, the big pivot points where it was like I had the belief I went for it and it took some time here. Here’s something I learned after my first one and second one. What are some things that you believe were the biggest pivot points, if you will? Or you mentioned your kids? Well, let me rephrase that. What is something if your kids were starting off now How old are they
Dave Menz [35:00]
I have a 23 year old daughter who’s married. Okay, I have 11 and 11 and 13 year
Mario Fachini [35:04]
old boys. Well, it would apply for all of them because she’s still younger than you were. But what would you tell them? If they said, I’m thinking about business or something? How would you shave 10 or 20 years off of what they want to pursue?
Dave Menz [35:20]
The main thing that I try to try to pound into them every day of their lives is to live their lives. Now, don’t wait until you’re 28 or 29, to figure that out, go live your life, chase your dreams. And I know that’s very cliche and stereotypical, but let me tell you something about the cliches and stereotypes, there are a lot of times that are accurate. Like they’re usually true. And so the reality is like, that’s something that we should do. And I don’t mean this in a disrespectful way. But most of us sometimes sometimes consciously, sometimes, subconsciously, and sometimes unconsciously. But the reality is most of us that I know, at least in America, we sell out. And I don’t mean that in a disrespectful way. We give up. Like, we all had dreams when we were little kids. And we at some point in our life, we’ve made a conscious decision to stop chasing those dreams, oh, that’s a pipe dream, or Oh, I got bills to pay or whatever excuses we I don’t have the right degree or I’m too old to go back to school now. And a part of the reason I do this kind of stuff with people like you, Mario and appreciate your platform, is because I just want to tell the world. This, you know, I’m not really about laundromats. If that’s not really that’s not really my thing. What I am about is people chasing their best version of themselves being being a better version themselves to tomorrow than they were yesterday going back to that. And that’s really what I try to explain to my kids is, you know, now those things sound all great and everything on TV and in a Hallmark movie. But the reality is, there’s there’s a dirty side of that. And so they know that story, too. And I tried to you know, I have a book coming out in a few months. And in the book, I tried to be very transparent and honest with people about my entrepreneurial journey, because the books called laundromat millionaire. And there’s some there’s some connotations associated with that name, of course, but the reality is the book is is, is a grind. Like it’s my life story from being young, and poverty, to growing up becoming successful, chasing my dreams, being divorced, getting bankrupt watching my little sister died of brain cancer, and eventually finding my dream life, my best version of myself. And when I found it, I looked in the mirror and was like, But this ain’t my best. Like, this is the best version of myself today. But it’s not the best version of myself tomorrow. So really, what I do is try to just encourage people to chase their dreams, but at the same time to understand that, that isn’t a Hollywood scene. And what it really looks like is pretty dirty, you got to be humble, you got to be willing to do things you don’t want to do. You got to be thinking long term three to five years out. And every decision that you make, if not longer, you have to be willing to delay gratification. You know, all the things that most entrepreneurs most successful people will point to in their lives. They’re they’re pretty consistently all those things. And those aren’t all really attractive, sexy things to try to sell in a course or a book. It’s just really not what people think it is. So being an entrepreneur isn’t for everyone, being a business owner isn’t for everyone. And that’s fine. Chase your dreams. If you want to go to space freakin go to space, like go do you go be who you are. And that’s really what I try to encourage my children to do. And it’s really what I try to encourage everyone to do that I interact with. And the beauty of being an entrepreneur and a business owner is you get to interact with other amazing people like yourself. And when you do that, they’re usually chasing their best version of themselves. And so we can learn from each other, we can feed off of each other, which is also part of making us a better version of ourselves. So I’m not sure if that’s what you’re looking for. But that’s my answer. I’m,
Mario Fachini [38:57]
I’m always looking for the honest truth, and you’re definitely delivering on it. And and you, you know, one of my biggest benefits Yeah, I get to talk to cool people like you and successful people and all this, but I always learned something. You know, there’s times I’m just like, oh, what’s the next question? What are we doing? Oh, I feel because I spent so much time in the seat in the audience taking notes, getting every little crumb of info I could to better myself, that it’s surreal to go. I remember sitting through your training, and you’re training and you are on stage in this new year. And I read your book and this and that. And it’s like now they’re asking to be on my show. I’m like, yeah, yeah, that’s cool. Where are we gonna talk about better? Yeah, I don’t want to talk. You just go. Yeah, and I’m experiencing that right now. So thank you, because so many people don’t want to tell both sides of that story. I personally do. Because it rounds out the whole picture. You know, I’ve joked even when I do guest interviews, like what you know, what would you say? is the secret to your success. Um, like, don’t give up, give it a decade or two, if you’re still around, it’ll work. I mean, it’s not going to be any one course, or any one book or any one thing, you’re gonna get hit and knocked down. When you get back up. You go great. I think I just renewed my my lease or whatever, my not another five or 10 years. Because those are the points where it’s like, I’ve been doing this. Do I want to keep keep doing it? Do I still believe in it? And I’ve never given up. But there’s been many times I questioned it. But every time like you’re talking about something happens, and you go, Okay, I’m gonna keep going. It’s like, Yeah, I’ll extend my contract with this company. It’s a pretty good one.
Dave Menz [40:48]
Yeah, it’s, I mean, life is an amazing journey. And I’m just amazed at how many of us and I’ve been guilty full disclosure, how many of us sell ourselves short? So I don’t know if sell out was the right word. That’s probably the I think
Mario Fachini [41:00]
it’s appropriate because it was reminded me of a quote by some smart person. I don’t know this, but it wasn’t me not trying to take credit, but it was most people dive by 25. But they unfortunately don’t get buried for 75 years later. Yeah. Oh, that’s true. You could go, you could go one you one degree a day, and still be better. A year later, a year later, a decade later. It’s like, how are you going to go 75 years on the hamster wheel? I can’t talk like that. That’s scarier than like those saw
Dave Menz [41:32]
movies. It is. Oh, my goodness. Another thing I’d like to point out to people if it’s okay, is, you know, as you’re making that one degree that you were referring to, the reality is, you know, we in the finance world, we talk about compounding interest and investments and things like that. Your education, your life experience, your maturation process, your network, all of those things compound to, and they’re exponentially more than interest, compounding over a 30 year, amortization schedule or whatever. Like, why, why are we all talking about these things that compound when it comes to numbers and dollars and cents, and bank accounts and stock investments and all these things. But we’re not talking about the fact that if you learn something, through adversity through a book through a podcast at 25, that’s compounded for every person that you teach it to that bet that you’re leaving your print your your footprint on the world in a positive way, not just hopefully, not just in your children, but in everyone that you touch. And that’s why I love doing these kinds of things. It’s why we have our podcast is because I get to learn from other people. And I see those things as compounding, maybe there’s one or two things that clicks with you a little bit, that makes you a better version of yourself tomorrow, that is going to compound with every person that you interact with, for the rest of your life, if you will allow it to. Now if you keep it in, and that’s a different conversation. But if you allow it to, and you continue to try to better not only yourself but the world. So I know I’m pontificating. And I paused while I don’t apologize, no play reality. The reality is that this is powerful, powerful stuff. And it can change a community, it can change a family, it can change a church, it can change a business. But it’s not, it’s not unreasonable to think that it can’t change a country or world. And so that’s something that at 45 years old, I’m really, really passionate about is just you know, you can call it legacy or whatever you want, just leaving my mark on the world, all the things that I’ve learned, I don’t want to just internalize them, learn them for my own benefit. And then fast forward, I want to tell anyone that will listen and and half the people that don’t want to listen.
Mario Fachini [43:43]
I’m with you, I’m with you. And it’s one of the reasons you know, I failed English seven times. And it’s one of the reasons I wrote my first book nearly a decade ago, and not only for the passive income and royalties and the leverage and all of that stuff. But it was also like, if I can do this, what can I do? Because that was the biggest hurdle I had. And I’m not a bad speaker, and I didn’t not know English. There we go. Fantastic. You know what I mean? It’s like, I just didn’t care. I didn’t like the school structure. And the biggest hurdle for me, you know, was just getting the book done. But now it’s been 1000s and 1000s of people’s hands. And it’s still doing stuff and I’ve done more since then. It’s that’s why I’ve loved helping people publish and promote their books the last decade, because like you’re saying, you can take all of that knowledge and wisdom. I mean, look how much we’ve been talking about it. You hear someone speak, you read it, read their book, what better form of communication has been around 2000 plus years? It’s definitely not webinars. Right now. There’s nothing wrong with them. I’m just saying written word and spoken word is the only thing that’s been around forever and will be and at this point, I’m sure at some version of electronic whatever will be around It’s, it’s still the written and spoken word. And there’s really nothing more powerful you get to stand up in front of audiences or put them in your get in their hands. I mean, that that’s, I believe how we will continue to change the world and get more people over to say, Hmm, maybe I shouldn’t be doing this. Maybe I should go for it. You know that the whole age thing doesn’t matter. Because starting at a young age, I didn’t have years of knowledge and resources. There’s people who have come to me for consulting. And they’re like, I’m like, What’s your hurdle? And they name one thing, I’m like, That’s it. You know, I had like, 15, I had to get there like, Well, I only have half a mil in the bank, and I’ve only worked in this industry. 30 years, I just don’t really know how to get the website up. I’m like, seriously, that’s your hurdle. Go, go have something burned down and like rebuilt, you know what I mean? It’s like, the older you are, the more you have an emotional maturity, just flat out I was a mess. But the younger you are, you have the time. So I don’t regret anything either. So I don’t think there is a wrong time or right time, if you don’t care for a decade or 20 years. It’s the wrong time. When you do care now it’s the right time. So for anyone listening that’s thinking it’s this that the other thing clearly, Dave disprove that. But I love what you’re sharing. And I thank you so much for I’m glad your book is coming out. I only have one more question before we go. thank our sponsor, and come back for the imperfect action. Ron, do you know what it is?
Dave Menz [46:36]
Mario Fachini [46:37]
Perfect. It is the wheel of whatever. You have to tell me if you want yellow or black? It’s going to determine the question. Not really. But I like asking. Okay, yellow. Oh, nice. One of my favorite colors.
Dave Menz [46:53]
Can I call it maize?
Mario Fachini [46:56]
Oh, I see what you’re doing there. Maize and Blue has nothing to do with you have Mmm hmm. Yellow. So my question for you is with what you have now and the resources and still being young? Where do you see yourself and company? And how are you changing the world over the next 20 years?
Dave Menz [47:20]
Well, on a on a smaller scale in Cincinnati. You know, we believe that our business, our retail businesses, impact their communities and serve them very well. So we want to continue to do those things. I have a team of about 40 employees that run my businesses. So I don’t work in my businesses the way a lot of people do. And I did at one point. So I’m able to leverage their time and resources and benefit them financially by growing that business. So that’s something that I very much want to continue to do and and mewing. In fact, I just closed on a new new Property two days ago. It’s gonna be probably our crown jewel, a laundromat, if you will in Cincinnati. And so that’s very exciting. And I want to continue to do those things. But the reality is through my laundromat, millionaire, my website, my book, my podcast, all these different things that I’m doing my YouTube channel, everything else, the reality is I’m trying to impact the world. I’m trying to impact the world. And yes, the conversation of laundromats and how I’ve been successful comes up something I’m very passionate about, I help people that want to get into the laundromat business. That’s all very true. That’s all very accurate. And I’m very passionate about that. But I love having conversations like a portion of this was where we’re not really talking about laundromats, we’re talking about life. Because that’s transferable to just about anyone in just about any scenario. And that’s how you really leave your mark on the world and make it a better place. So the answer to your question, Mario is all of the above, like, I don’t really see any limitations on why I can’t do all these things and do them well. And going back to that I don’t want to trade an hour of my time for 50 bucks. The only thing I want to continue to do is leverage myself my time, my knowledge, my resources, whether it’s building online courses, or writing books, or producing podcasts, or whatever that looks like, I want to do those things, because you talked about you wrote a book 10 years ago, and it’s still helping and impacting people today. And so that’s the reason that I’m doing the things I’m doing is because once I write that book, it will hopefully help people forever and ever, amen. And once I produce a podcast show, it will hopefully help produce, you know, content for people and bring value to people’s lives forever and ever. Amen. And so that’s what I’m really all about. That’s what I refer to when I say this abundance mindset. I don’t want limitations, I refuse to put them on myself. And good luck bringing up that conversation with me. Because I won’t I won’t have none of it for you or for me either one. So that’s that’s how I want to live. The rest of my life is just impacting people, you know, one conversation, one book, one podcast at a time. But anytime I can do anything to leverage my time and my knowledge to bring others value. I just see that in that compounding that exponential growth. For the world, and it’s maybe a little utopian, but I’m gonna throw it out there anyways, because it’s something that’s in my mind in my brain almost daily is just imagine if like, 20% of us did that, like, forget all of us, like, just forget half of us. What if 20% of us live their lives like that? What kind of impact would that be? And like, every day, I get up, and I just can’t help but think like, I’m chasing that. Like, I’m chasing a ghost. I’m chasing something that doesn’t exist.
Mario Fachini [50:31]
I am so glad we crossed paths, because I can relate to that when I was cutting lawns, which was my first business that’s always smiling when you mentioned it. I remember distinctly, it’s clear as day in my mind right now even saying it being on my neighbor’s lawn, cutting it, I had just graduated high school thinking that exact same thing, how can I have friends all over the country, and we’re all improving our own cities, individually. And I was just thinking about, you know, given all my friends 100 bucks for graduation, just to help them out. And it was just like, What can we do to make a dent on the world? I mean, 20% is huge. I know, with S curve economics, once the you get to 10%. It’s the tipping point. And then the whole thing, it’s like a flood 20% would be I like thinking about that, too, that it would change everything?
Dave Menz [51:19]
It would, it would absolutely. And you can compare these things to business and entrepreneurship, you can carry him to compare him to philanthropy, I mean, you can take this conversation in a million different conversations are a million different directions. And and they still impact the world in that way. So we don’t all have to be Bill Gates or Mark Zuckerberg to leave an impact on the world, similar to the way they the way that they do. You know, we can do it one conversation, one book, one podcast at a time. I mean, this is a perfect example me and you having this conversation, we’re investing our time, our resources, our energy in doing this. But once it’s done like that, that hour or two that we spent doing, this is over, we’ve invested that and it will pay fruits forever. Absolutely. If we allow it to.
Mario Fachini [52:05]
It’s one reason I’ve always pushed my show, even from day one to the absolute limits, and we’re doing another round of updating again, I don’t want to say, while it is an upgrade, it’s not like it was bad before but you know, I see some people going, Well, how do I make 1000 episodes? It’s like, well, what’s the quality of that episode? I’ve always had the mindset, how can I push the limits with every single one? And, you know, maybe the first year, there’s things I didn’t know, which is true. But once I found them out, I’m like, Oh, we got to do that, too. Because there’s no one doing it. Not only that, but the benefit that the audience gets of going, Oh, it’s not just audio Oh, it’s not just video oh, it’s not just show notes on the website. Oh, it’s not just this, there’s so many resources, I fully believe every single one is the self contained asset. That could be a training module. I mean, I had a piece mail that crap together, YouTube wasn’t around when I started this stuff. And even then you can get lost in a sea of 431 different videos. I love helping people with books and courses, because it’s like, here’s the seven steps, the 11 steps, the 1400s, whatever, there’s a finite beginning and end, you start Googling stuff, you’ll be Googling for a year round, you don’t even know if you found what you’re looking for. And if you think you know what you’re looking for the fact that you’re not in the industry, there’s all this stuff that you don’t even know to ask about. So thank you for your time and everything. Because we can just give people the answers and be like, here’s what you need to know, forget the rest, go take some action, because if you never put action behind it, and who cares? Yeah, so
Dave Menz [53:42]
that’s a great point. The last thing I’ll leave you with if it’s okay, Mario, is the idea that when I’m when I’m coaching people, whether it’s in the laundromat industry or not, when I’m coaching people, I’m really trying to teach them mentality, try and teach them. Don’t Don’t worry about that. This is the answer. If you only came for the answer, you’re missing the point. How did I arrive at the answer? Because if I can teach you how I arrived at the answer, and hopefully you can help me teach me things, too. That’s what’s that’s what’s really compounding versus just here’s the answer. Here’s the answer. Here’s the synergistic. Yes, absolutely. That’s always a really brilliant focus. Yeah, I
Mario Fachini [54:18]
tell people all the time, it’s not just getting to the destination, but enjoying the journey. It’s like, here’s the answers. Okay, you’re at the answers. How much fun did you have? What stories do you have to tell? How can you inspire people with it? I have no clue because I have no context because I don’t really know what happened, but I’m here. You know what I mean? So that won’t be the last thing you say. We got to thank the sponsor, and we’ll be back for the imperfect action round.
Sponsor – Get My Business Book Published [54:40]
Titles, cover designs and promotion. Oh my. You are all excited to achieve your goal, maybe even dream of becoming an author to serve more people with your business, but it’s turning out to be a lot more than you expected. Hmm. I get it. I’ve done it numerous times. Personally. Visit get my business book published.com today to take the first step on making This process enjoyable, dare I even say fun, and most definitely profitable. Your business and audience depend on it. But you know what? Don’t take my word for it. Take it from a few of my authors like Lori and I went
Lorie Tenson [55:12]
from having an idea and the possibilities to actually getting my book published
Mario Fachini [55:19]
or Katherine, thank you for making my mom number one selling her Mary Alice,
Mary Alice [55:25]
what he got done for me in three days regarding my book launch. unmanageable
Mario Fachini [55:34]
John Cody [55:35]
I’ve worked with Mario over the phone and online and he’s been very helpful in getting me where I needed to go with most of my books.
There’s no way in the world, I would have been able to do this with somebody else. Again, I’ve attempted it in the past, it didn’t serve me. As a matter of fact, I ended up more frustrated than anything. So this has been a very seamless process.
Adel Wilson [55:53]
Adele, if you’re looking for an amazing business coach, I highly recommend Mario Fachini or bill better,
Bill Benner [56:00]
I can’t make a higher recommendation for them to work with Mario Fachini. He has been great for me and right now, I won’t work with anybody else except for Mario. Okay,
Mario Fachini [56:11]
their words, not mine. Visit, get my business book published.com today to take the first step, and I look forward to hearing your transformation as our next video success story. Once again, that’s get my business book published.com. And we are back with the imperfect action around Dave, are you ready to take imperfect action? Let’s do it. All right, I got three questions for you rapid fire 62nd or less answers. The first one is what is the fastest path to the profits?
Dave Menz [56:41]
What is the fastest? The fastest is leveraging other people’s time?
Mario Fachini [56:47]
Fantastic. Number two, what is the biggest problem you see your prospects making and the fastest way for them to fix
Dave Menz [56:52]
it? The biggest mistake they are making is trying to psychoanalyze data. The best way to fix that is to focus on your education.
Mario Fachini [57:03]
That’s powerful. Thank you for that hit little close to home. Fantastic. Three is great question I’ve asked hundreds of times what is the best way to maximize customer lifetime value?
Dave Menz [57:21]
To care about people agreed.
Mario Fachini [57:26]
What books would you recommend expert authority World
Dave Menz [57:32]
The One Thing, Rich Dad Poor Dad.The Millionaire Next Door which is not really a business book. But it’s it was a it was an impactful book on my life. Mario’s book and my book. How about that?
Mario Fachini [57:48]
Great recommendations, great recommendations. Where would you like people to learn more?
Dave Menz [57:55]
The best way to reach me is on Facebook or LinkedIn under laundromat millionaire. And my my website laundromat millionaire.com.
Mario Fachini [58:01]
Excellent. Well make sure the links are in EAA interviews for your featured page. It has been such a pleasure. I know we could talk longer, but I know we could talk longer I would love to. I know we got to keep this some assemblance of a show. But thank you so much for sharing openly and transparently.
Dave Menz [58:20]
You got it. Thanks for having me. I agree I could do this all day. So thank you so much.
Mario Fachini [58:25]
The pleasure is mine. All right, expert authority world. We have another great episode here today. I’ll see you tomorrow. Have a great day. And God bless.
Sponsor – Get My Business Book Published [58:34]
You’re already the expert. But have you transformed your expertise into a tangible asset that will generate qualified leads while increasing profit for you? 24/7? And if so, how well are you promoting it? With the expert authority effect publishing method it’s easier and more profitable than ever visit get my business book published.com today and take the first step to publish and promote your nonfiction lead and profit generating business book in eight weeks. Visit get my business book published.com And take the first step knowing it will be your very best in your leaving it all on the field. Oh yeah. And it’s also free. Once again, that’s get my business book published.com
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