048: Ken Wimberly | The All-In Comeback: Trading $800K Loss for a Path to Purpose and Profit | The Matt King Show

About this episode

Ken Wimberly shares his journey from a significant financial loss to building a successful laundromat franchise focused on community impact.

Ken Wimberly is a seasoned entrepreneur who pivoted from a failed mobile app venture to building a rapidly expanding, community-focused laundromat franchise called Laundry Love. Ken shares his journey of overcoming a financial and emotional crisis after losing $800,000 on his passion project, the Legacy of Love mobile app. He transparently discusses the depression and struggle that followed, his path to mental and physical recovery through leveraging his network, and the decision to go "all in" on the laundromat business. Now franchising his business, Ken details how he and his partner are breaking the mold of the typical laundromat by focusing on community service, family-friendly spaces, and the belief that doing good in the community, which he calls the "Trojan horse for doing good", is the ultimate path to massive profit and impact. Connect with Ken: https://kenwimberly.com/ Connect With Matt Matt's Personal YouTube Channel: https://www.youtube.com/@mattkingatx Website: http://themattking.com/ Instagram: https://www.instagram.com/mattking.atx TikTok: https://www.tiktok.com/@mattking.atx LinkedIn: https://www.linkedin.com/in/kingmatthewr/ Watch the podcast…

People in this episode

Host: Matt King

Guest: Ken Wimberly

Topics covered

• entrepreneurship
• mental health
• community service
• franchising
• business recovery

Keywords

• entrepreneur
• laundromat
• financial recovery
• community impact
• mental health

Mentioned in this episode

Organizations: Laundry Love, Gobundance, Legacy of Love, YouTube, Instagram, TikTok, LinkedIn, The Tribe of High-Performing Men

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