The industry experience is so key they need to actually have experience in that specific industry culture you want the franchise success to have really focused good culture. There's i love semi-abs and t franchises franchises that if you have a corporate job you can run a franchise on the side or if you have other businesses you can run that franchise. Don't underestimate you as a new business owner going into a new industry and now everything revolves around you and the decisions that you make but not everybody's cut out for that.
From the archive: This episode was originally recorded and published in 2020. Our interviews on Entrepreneurs On Fire are meant to be evergreen, and we do our best to confirm that all offers and URL's in these archive episodes are still relevant.
Erik VanHorn is an entrepreneur who uses franchising as a vehicle to success. He has been involved in many aspects of franchising from building franchise sales systems & multi-brand ownership, to helping others find great franchises to buy.
Top 3 Value Bombs:
1. Franchising can be good for anybody, but you need to know what you want for the business.
2. You need to hire the best-of-the-best employees: people who think, act and behave like owners.
3. Relationships can help excel you and your business much faster than just you grinding it out yourself
Helping People Buy, Grow and Sell Franchises - Erik's Website
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