He Started With Laundry. He Ended With $33M
From a college campus laundry biz, to raising $33M...
I just talked to a dude that started his business in college and grew it to an empire.
WILD Story:
He got into entrepreneurship in college by starting a laundry and dry cleaning biz on campus
It took him by surprise. They charged students for the year upfront and all of a sudden had made $280k with 80% profit margins
After college he went to corporate and hated it
He thought back to the laundry days and wondered if he could do it on a larger scale... so he did it.
Put in 10k. By the end of year 1 back at it, he was at $70k/mo
Fast forward 8 years he raised $33M
Started to build physical laundromats
Realized he needed to open MORE and thought “What if we franchise”
Started going down the franchise route and realized franchising needed a revamp
Now he's building the Zillow for franchises
All from a wild college business idea...
You can just do things.