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019 - Make Laundry Great Again With Justin Eaton
Manage episode 462933452 series 3619892
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In this episode of the Frankie D'Astoli Show, Frankie interviews Justin Eaton, a serial entrepreneur who has transitioned from real estate investing to owning laundromats. Justin shares his journey, including his early failures, the importance of networking, and the lessons learned from his first real estate deal. He discusses the unique aspects of running laundromats, the financial benefits, and the unmatched benefits of growing your network. The conversation emphasizes the value of entrepreneurship, community, and making uncomfortable decisions for growth.
Chapters
00:00 Introduction to Justin Eaton and His Journey
03:05 The Birth of South Jersey Real Estate Investment Group
06:00 Justin's First Real Estate Deals
09:00 Transitioning to Commercial Real Estate
12:11 Exploring the Laundromat Business
14:56 The Success of Laundromats and Future Plans
24:25 The Strategic Advantage of Strip Center Laundromats
27:22 Lessons from First Acquisition: Challenges and Solutions
30:13 Navigating Financing: Securing Loans for Laundromats
33:25 Operational Insights: Managing a Laundromat Effectively
36:18 Differentiation in the Market: Standing Out in Laundry Business
39:32 The Journey of Opening a Second Location: Challenges Faced
42:24 Financial Breakdown: Costs and Funding Strategies
43:42 The Journey of Entrepreneurship
47:18 Merging Businesses and Delegation Challenges
50:08 The Grit of Entrepreneurship
53:18 Partnerships in Business and Life
57:35 The Value of Flexibility in Entrepreneurship
23集单集
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