ilmscore | Prediction Details
"It creates camaraderie it creates passion gets you to otherwise not have a lot of people that are my customers like supporting my laundromat because they know I'm the one making money yeah and they're like oh because you're a good guy and you're local and we want to support you so yeah not only your social brand but laundries have to have a brand you know and your brand oh in a laundromat business doesn't matter nationally like you know yours for for YouTube and stuff but your brand for a laundromat needs to be known within a five to ten mile radius and that is very important and you've got a brand it's either positive or negative most laundromats is just negative and uh laundromat owners are like homeless people they follow the path the least resistance so the path of least resistance is putting the cash in your pocket and never we're showing anything and then when you need to reinvest you can't call up them don't hurt anybody and get any lending on it yep"
By Investment Joy | February 28, 2023 | Pending
From video
How to Stand Out as a Laundromat Owner 00:01:07 - 00:02:01
Interpreted Prediction
Laundromats need to develop a local brand within a 5-10 mile radius to survive, otherwise they risk decline. Owners who only focus on taking cash and not reinvesting will struggle to secure loans later.

Prediction Details

Topic
Laundromat Industry

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.