Ep 170 - The Hustle Behind WeClean
After recently raising $900,000 to become the biggest laundromat service in Manila, Ignacio Phelan of WeClean joins us in this episode to share the story of how WeClean scaled fast. Ignacio will share how he started his hustle by being an events producer for nightclubs that forged his skills that came in handy with WeClean. He will also share why he decided to go to the Philippines and create a laundromat business that was able to scale very fast by creating innovations on things typical laundromat operators overlook. Ignacio will also share how they were able to get $900,000 in funding by hitting the metrics they needed and what their immediate plans are in scaling WeClean.
Links in the episode:
Show notes in the episode:
1:55 WeClean and Ignacio Phelan
2:48 Million Dollar Question What's your Hustle?
5:40 What's your First Hustle?
9:40 Hardest thing to endure
11:27 Investments through College
13:22 Things to Consider for WeClean's Investment
14:43 Principles to Look at in a Distress Play
16:48 Navigation through Mom & Pop Stores with a Big Business
19:04 Biggest Competitors and Franchises
24:01 Why use the Philippines as WeClean’s HQ?
25:40 Biggest Adjustments coming to a new Country
27: 46 How does Ignacio scale with WeClean that Fast?
32:07 POS Systems
34:41 How Profitable is a Cash Business like Laundromat?
38:00 Capture the Demand
39: 55 Training People that can make a Business Top-Notch
42:35 Challenges of WeClean
46:35 How did WeClean Scale-up with their Partners?
50:00 Best Advice for Expats Business Owners
52:56 Overall Goal of WeClean
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