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Disruptors

Brandon Schlichter: The Man Who Makes MILLIONS From Laundromats & Car Washes | Investment Joy

Disruptors

Rob Moore

How To, Society & Culture, Business, Marketing, Entrepreneurship, Education, Careers, Self-improvement, Investing

4.81.4K Ratings

🗓️ 11 June 2023

⏱️ 64 minutes

🧾️ Download transcript

Summary

CLASH OF THE TITANS - Go To moorevleeds.com to find out more

Brandon Schlichter is a carwash owner, laundromat owner and real estate investor. He joins Rob to talk about business and money including his thoughts on a cashless society and the biggest mistake business owners make.

Brandon Reveals:

  • The pros of owning traditional physical businesses
  • The power of automation
  • Why to treat your business as an investment not a job
  • The many benefits to a real estate business
  • His thoughts on a cashless world

Also featured:

  • Debt management
  • Buying and leveraging businesses

BEST MOMENTS

“We’re in this world where software is becoming so easy to manipulate”

“The ability or desire to work is not the only tool you have”

“When you’re working a job, the job controls you”

“Many businesses have these critical failings in them, when you work in the business and not on the business”

VALUABLE RESOURCES

Complimentary Feminine and Masculine Traits YouTube Video

https://robmoore.com/

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ABOUT THE HOST

Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”

“If you don't risk anything, you risk everything”

CONTACT METHOD

Rob’s official website: https://robmoore.com/

Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs

LinkedIn: https://uk.linkedin.com/in/robmoore1979

See omnystudio.com/listener for privacy information.

disruptive, disruptors, entreprenuer, business, social media, marketing, money, growth, scale, scale up, risk, property: http://www.robmoore.com

This show was brought to you by Progressive Media

Transcript

Click on a timestamp to play from that location

0:00.0

You're never going to be able to make money doing that thing that you wish you could do.

0:04.8

If it's between something with a very high bar of entry and something that you could do

0:09.2

that could make you six figures in the next three years, it would be a much better choice

0:13.1

to do the thing that's going to make you the money and then you can go pursue that passion project in ten years.

0:20.0

Brandon, in your experience, what are the weirdest business models that make the most amount of money?

0:27.6

It would be hard for me to put my fingers on one thing. I like my car washes.

0:34.4

I've talked a lot of people and they just don't understand how a car wash could ever make any money

0:38.3

or a laundromat could ever make any money. I like dog grooming. I know a couple people that are

0:44.2

pulling mid six figures, getting close to a million dollars a year off of taking care of people's

0:50.0

dogs. It's just one of those things. If you just can find a need to fill for somebody else,

0:57.5

there's unlimited amounts of money. Brandon, one of the things that really fascinates me about

1:02.6

your portfolio of businesses, if I've done my research right, is in a world where we're moving

1:07.7

towards AI and tech and internet, you seem to have a portfolio of very traditional businesses,

1:15.2

laundromats, car washes, physical businesses. Is that a strategic thing?

1:21.9

I would think so. For me, I hate to use the term passive income because I still spend some time

1:28.0

in my businesses, but I feel like with laundromats, car washes, vending machine, and my real estate

1:33.2

portfolio, it's very much a time leveraged business. I don't have to go and physically collect rent

1:40.4

for my tenants every month. I don't have to go to my laundromat or car wash and collect money

1:45.2

every day. There's machines. They do a lot of the work for me and then I'm reaping the benefits of

1:50.9

setting up those processes and systems to get money. Why don't you like using the phrase passive

1:56.9

income? Because it requires at least a little bit of work. I'm at a point in social media that I

2:02.4

run into a lot of people and they say, oh, I'm just going to go out and buy one of these businesses

...

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