Visionary vs. Operator: Why Every Franchise Needs Both to Scale With Jhana Li
Franchise Secrets Podcast
Intro
This chapter explores the critical relationship between visionaries and operators in franchising. It emphasizes the importance of collaboration and operational strategies for entrepreneurs and franchisees to effectively implement their ideas and drive growth.
Are you stuck in the daily grind of running your franchise, unable to focus on scaling your business? Discover why understanding the visionary vs. operator dynamic could be the game-changer you’ve been looking for.
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In this episode, Erik Van Horn sits down with Jhana Li, an expert in operations management, to discuss the vital roles of visionaries and operators in scaling franchise businesses. Jhana has over four years of experience as a COO for fast-scaling startups and has coached over 400 businesses in operations. She now runs Spyglass Ops, where she empowers founders to scale their businesses while regaining their personal freedom by refining their operations.
Today, Jhana shares her insights on why entrepreneurs often struggle with delegation, how understanding their "zone of genius" can unlock growth, and the importance of hiring the right operator to free up time for high-value activities. Jhana also dives into the role of company culture and leadership in driving franchise success when the owner isn’t present and how mastering the balance between vision and operations is vital to long-term growth.
Tune in to learn how to build a high-performance franchise team and finally scale your business with ease!
“Delegation is not the same thing as abdication. People need leadership. True delegation is evolving from a player on the field to a coach on the sideline." ~ Jhana Li
In This Episode:
– Jhana's journey to becoming an operations expert
– The critical balance between Visionary and Operator roles
– Teaching your team the essence of leadership
– Best practices for Visionary-Operator collaboration (think Alex and Leila Hormozi)
- Effective Hourly Value (EHV) to quantify where to focus your time
– Time management and delegation strategies for leaders
– Delegation vs. abdication: knowing the difference
– How a visionary can effectively coach and empower an operator
– Key elements of an effective Visionary-Operator meeting
– Building a strong company culture and fostering employee happiness
– Tips for hiring the right operator for your business
Resources:
🌐 Consult with Erik - https://form.jotform.com/222685728939070
🌐 Want to buy a franchise? Connect with Erik here - https://forms.gle/n4JedEuU5p7asE617
🌐 Want to franchise your business? Connect with Erik here - https://forms.gle/n4JedEuU5p7asE617
🌐 Franchisees and franchisors find proven tactics and strategies to scale YOUR businesses https://scalablefranchise.com/ 🌐 EOS (Entrepreneurial Operating System) - https://www.eosworldwide.com/eos-model
🌐 Scaling Up by Verne Harnish - https://scalingup.com/
🌐 Multipliers by Liz Wiseman - https://thewisemangroup.com/books/multipliers/
🌐 The A-Player Operator Magnet - https://mastermind.lifestyleinvestor.com/c/mastermind-calls/the-a-player-operator-magnet-with-jhana-li-july-17-2024
🌐 Education - Scaling & Operational Efficiency - https://mastermind.lifestyleinvestor.com/c/mastermind-calls/education-scaling-operational-efficiency-with-jhana-li-member-q-a-sept-21-2023
Connect with Jhana Li:
🌐 Website - https://spyglassops.com/📷 Instagram - https://www.instagram.com/thejhanali/
💼 LinkedIn - https://www.linkedin.com/in/jhana-li/
Connect with Erik Van Horn:
🌐 Website - https://franchisesecrets.com/
📷 Instagram - https://www.instagram.com/erikvanhorn/
👍 Facebook - https://www.facebook.com/erik.v.horn/
💼 LinkedIn - https://www.linkedin.com/in/evanhorn/
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