{"id":154434,"date":"2025-06-03T09:22:15","date_gmt":"2025-06-03T09:22:15","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/154434\/"},"modified":"2025-06-03T09:22:15","modified_gmt":"2025-06-03T09:22:15","slug":"i-built-a-laundry-business-worth-millions-founders-need-these-skills","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/154434\/","title":{"rendered":"I Built a Laundry Business Worth Millions; Founders Need These Skills"},"content":{"rendered":"<p>When most people think about entrepreneurship, they envision hoodie-clad coders building the next <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/startups-most-likely-to-become-tech-next-unicorns-2025-1\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"noopener\">tech unicorn<\/a>. My startup story? It began with dirty socks and a delivery van.<\/p>\n<p>My unusual passion began in my freshman year of college when I started running a <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/how-to-start-a-million-dollar-laundry-delivery-business-2022-11\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"noopener\">laundry pickup and delivery service<\/a> called Wake Wash. The business was a success, but when graduation approached, my partners wanted to pursue investment banking. Not wanting to be branded as the embarrassing &#8220;laundry guy,&#8221; I sold Wake Wash for $200,000 and reluctantly joined the corporate world.<\/p>\n<p><a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/how-to-break-into-management-consulting-career-coach-mbb-2024-12\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"noopener\">Management consulting<\/a> pleased my parents and offered me great colleagues, but it was soul-crushing work. By late 2015, I had quit to launch 2ULaundry, a business inspired by the surge of on-demand services such as Rover and Instacart. I thought: &#8220;Someone is going to revolutionize laundry and dry cleaning. Why not me?&#8221;<\/p>\n<p>In less than a decade, 2ULaundry has become a multimillion-dollar enterprise. We secured about $33 million in funding and established 29 <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/second-income-i-bought-laundromat-one-hour-hands-off-2023-7\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"noopener\">laundromats nationwide<\/a>.<\/p>\n<p>Here&#8217;s what I think all entrepreneurs need to know.<\/p>\n<p><strong>First, you have to ignore shiny object syndrome<\/strong><\/p>\n<p>I could never have imagined that my embarrassing college <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/data-worker-side-gig-freelance-training-reviewing-ads-2025\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"noopener\">side hustle<\/a> would grow into a nine-figure business. But by rejecting the conventional corporate path and mustering up the courage to forge my own, it did exactly that.<\/p>\n<p>My advice to any <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/sc\/how-aspiring-entrepreneurs-can-be-successful-2018-9\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"noopener\">aspiring entrepreneurs<\/a> is to ignore &#8220;shiny object syndrome&#8221; and think independently. Your idea doesn&#8217;t have to be the most groundbreaking, but it must solve a genuine problem.<\/p>\n<p>Sometimes, the more &#8220;boring&#8221; businesses that aren&#8217;t shiny have more stability.<\/p>\n<p>From there, consider what truly motivates you. Is it developing new skills, creating a side hustle while maintaining your day job, achieving financial independence, being a <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/digital-nomad-bali-best-place-to-work-abroad-indonesia-2025-5\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"noopener\">digital nomad<\/a>, or building a legacy for your family?<\/p>\n<p>The entrepreneurial landscape offers many opportunities, from franchise ownership to real estate investment to creating digital products. The key is to find a balance between market opportunities, your personal passion, and honesty about your time and financial constraints.<\/p>\n<p><strong>Cultivate resilience and be adaptable<\/strong><\/p>\n<p>Entrepreneurship resembles a hero&#8217;s journey filled with late nights, sacrifices, and disappointments. Yet I believe people find greater fulfillment, learning opportunities, and societal impact as <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/trump-90-day-tariff-deal-china-leaves-small-businesses-struggling-2025-5\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"noopener\">business owners<\/a> than as employees.<\/p>\n<p>Working for myself has provided me with purpose and fulfillment far beyond anything I experienced in the corporate world working for someone else. But success requires extraordinary resilience. Most aspiring entrepreneurs quit when the going gets tough.<\/p>\n<p>I call this mindset &#8220;cockroach mode&#8221; \u2014 the ability to survive and persist when others quit. This is often the difference between failure and success. The entrepreneurs who are ultimately successful aren&#8217;t always the most innovative or brilliant; they&#8217;re the ones who refused to abandon their vision or quit when difficulties arose.<\/p>\n<p>Equally important is the willingness to pivot. With 2ULaundry, we pivoted three to four times. What began as a marketplace connecting customers with <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/gig-work-risky-bet-fallback-plan-recession-2025-4\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"noopener\">gig workers<\/a> who collected their laundry ended up evolving into a physical laundromat franchise with hundreds of delivery vehicles and locations nationwide.<\/p>\n<p>                      Related stories<\/p>\n<p>                                <img decoding=\"async\" class=\"lazy-image \" viewbox=\"0 0 1 1\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/04\/placeholder.png\" alt=\"\"\/><\/p>\n<p>                            Business Insider tells the innovative stories you want to know<\/p>\n<p>                                <img decoding=\"async\" class=\"lazy-image \" viewbox=\"0 0 1 1\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/04\/placeholder.png\" alt=\"\"\/><\/p>\n<p>                            Business Insider tells the innovative stories you want to know<\/p>\n<p>            <strong>Redefine success on your own terms<\/strong><\/p>\n<p>Today&#8217;s culture worships entrepreneurial celebrities such as Warren Buffett, Mark Cuban, <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/5-takeaways-from-elon-musk-media-blitz-2025-5\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"noopener\">Elon Musk<\/a>, and Jeff Bezos for their wealth, influence, and success. But the true prize isn&#8217;t necessarily becoming a billionaire; it&#8217;s controlling your destiny and building something meaningful.<\/p>\n<p>I&#8217;m incredibly grateful I took a chance on myself by leaving my unfulfilling desk job to pursue entrepreneurship.<\/p>\n<p>The entrepreneurial path isn&#8217;t easy, but it offers unparalleled opportunities for growth and financial independence. Whether your venture becomes a popular local business or a multinational corporation, the courage to bet on yourself and create a life on your own terms will serve you for a lifetime.<\/p>\n<p>Alex Smereczniak is the cofounder and former CEO of 2ULaundry. He&#8217;s now the cofounder and CEO of Franzy, a platform for franchise discovery and acquisition. Connect on <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/alex-smereczniak-%F0%9F%A6%81-40310329\/\" data-track-click=\"{&quot;click_type&quot;:&quot;other&quot;,&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;outbound_click&quot;}\" rel=\" nofollow noopener\">LinkedIn<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"When most people think about entrepreneurship, they envision hoodie-clad coders building the next tech unicorn. My startup story?&hellip;\n","protected":false},"author":2,"featured_media":154435,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3094],"tags":[51,9695,65685,63210,65689,2766,3134,21240,65688,65687,65683,65686,20782,3188,65684,3114,16,15],"class_list":{"0":"post-154434","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-entrepreneurship","8":"tag-business","9":"tag-business-insider","10":"tag-cockroach-mode","11":"tag-cofounder","12":"tag-corporate-world","13":"tag-culture","14":"tag-entrepreneurship","15":"tag-financial-independence","16":"tag-former-ceo","17":"tag-great-fulfillment","18":"tag-laundry-business","19":"tag-many-opportunity","20":"tag-most-people","21":"tag-success","22":"tag-successful-entrepreneur","23":"tag-time","24":"tag-uk","25":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114618705147157426","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/154434","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=154434"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/154434\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/154435"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=154434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=154434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=154434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}