28 Dollars and a Dream | Dareem Jeffrey
The ValueAugust 27, 202401:01:07

28 Dollars and a Dream | Dareem Jeffrey

In this episode of The Value, I sit down with Dareem Jeffrey, the innovative entrepreneur behind EcoWash. This groundbreaking car wash business uses only two litres of water per vehicle. Dareem’s story is one of resilience, innovation, and global expansion, as he transformed personal adversity into a successful business that spans multiple countries. Tune in to hear how Dareem overcame challenges, created social impact, and built a sustainable business model that continues to grow.

Highlights:

00:02:36 - Overcoming Adversity: Dareem shares his humble beginnings in deep South Trinidad and how economic hardships shaped his entrepreneurial journey.

00:10:30 - Birth of EcoWash: The creation of EcoWash, a business driven by the need for water conservation and innovative solutions.

00:23:00 - Innovative Business Solutions: How EcoWash operates using only two liters of water per vehicle, and the impact this innovation has had on the industry.

00:28:00 - Resilience in the Face of Doubt: Dareem discusses the skepticism he faced from financial institutions and how he persisted with his vision.

00:32:27 - Empowering Youth: The role of EcoWash in providing employment and empowering young people, especially those from challenging backgrounds.

00:39:12 - Global Expansion: How EcoWash expanded from Trinidad to nine countries, including six in Africa, through strategic franchising.

00:46:54 - Micro Franchising for Social Impact: The concept of micro franchising and its role in creating sustainable livelihoods for young entrepreneurs.

00:51:00 - Valuing Your Business: Dareem’s experience with undervaluation and the importance of knowing your worth in business negotiations.

Watch the full interview and be inspired by Dareem’s journey of innovation, impact, and global success.