Young Entrepreneur Launches Laundromat in Queens at 25

Brandon Hollingsworth, a 25-year-old from Queens, New York, has made headlines after dropping out of college to pursue his entrepreneurial dreams. With a well-structured business plan, he opened Don’s Laundry on December 31, 2023, demonstrating that ambition and preparation can lead to success at a young age.

His decision to leave post-secondary education after his sophomore year was met with support rather than disappointment from his parents. Nicole Hollingsworth, Brandon’s mother, expressed her pride, stating, “He had a documented business plan, he knew exactly the steps he needed to take and he was prepared.”

Brandon’s journey into business began with personal sacrifices, including selling his sneaker collection to finance legal fees associated with starting his laundromat. This venture not only reflects his determination but also follows in the footsteps of his parents, who own two laundromats.

Lessons from Family and Community

Growing up as the oldest of five siblings, Brandon observed his parents managing their businesses. He learned valuable lessons about customer service and financial management, which he now applies in his own operation. “All the mistakes that were made, I was watching firsthand,” he noted. “So I know not to make the same mistakes.”

With a clear vision for Don’s Laundry, he aims to provide exceptional service, emphasizing customer care. “Catering to my customers, making sure they feel welcome and accepted and they leave always with a smile,” Brandon explained.

Brandon stands out as a young entrepreneur in a landscape where the average small business owner is typically around 35 years old, with many launching their first venture at age 55 or older, according to Forbes. Despite being part of a minority, he joins over 33 million small business owners in the United States, which collectively represent 99.9% of all companies in the country, as defined by the Small Business Administration.

Steps to Entrepreneurship

Brandon’s success highlights the importance of thorough preparation for aspiring business owners. Here are essential steps for those considering a similar path:

1. **Research and Develop a Business Plan**: It is crucial to conduct comprehensive market research and draft a detailed business plan that outlines your business idea, target market, competition, and financial projections.

2. **Secure Funding**: Many entrepreneurs, like Brandon, bootstrap their businesses. This may involve saving funds over time or exploring options such as small business loans, crowdfunding, or grants.

3. **Address Legal Requirements**: Ensuring compliance with local regulations is vital. This includes registering your business, selecting an appropriate structure, and obtaining necessary licenses.

4. **Create a Budget**: A clear understanding of operational costs is essential. Entrepreneurs should plan to cover expenses for at least three to six months while establishing their businesses.

5. **Prepare for Hard Work**: Many small business owners work long hours, especially in the initial stages. Expect to put in significant effort to build your dream.

6. **Cultivate Community Engagement**: Building relationships with customers is key. Effective communication and a commitment to service can create loyal clientele, enhancing business success.

Brandon Hollingsworth’s venture into the laundromat business demonstrates that with a solid foundation and the willingness to learn, young entrepreneurs can make their mark. His success story serves as an inspiration for those looking to turn their aspirations into reality.