Adam Goldman: Identifying the Right Franchisee Mindset

About Adam Goldman:

Adam Goldman is a seasoned franchise consultant with a wealth of experience as an investor, serial entrepreneur, franchisee, and Master Franchisor. Over his 20-year career, he has founded and led three successful companies across two continents, including an IT company in Poland and a real estate investment firm in Texas.

Most recently, Adam expanded the Vanguard Cleaning Area Developer concept in Houston, transforming it into a multimillion-dollar enterprise with over 30 franchisees and 300 clients. His strategic approach and dedication have made him a leader in franchise development, culminating in the successful sale of his Vanguard Cleaning operation.

In this episode, your hosts, Jason and Scott, together with Adam Goldman discuss:

• Franchising vs. Entrepreneurship
• Identifying the Right Franchisee Mindset
• Adam's Franchise Journey and Experiences
• Wealth Accumulation Strategies
• Common Franchisee Challenges and Mistakes

Key Takeaways:

• Franchising can be an attractive option for entrepreneurs who prefer a more structured business model with established systems and processes.
• The importance of being open-minded and coachable is emphasized, as the franchisor's expertise can provide valuable insights to help franchisees avoid costly mistakes.
• Adam's journey from being a franchisee to a franchisor and his involvement in various real estate investment strategies demonstrate his versatility and adaptability as an entrepreneur, and his willingness to share his experiences can be invaluable for aspiring franchisees.
• By diversifying his portfolio, Adam has been able to weather market fluctuations and maintain financial stability.
• One of the key reasons for franchisee failure is the inability to follow the franchise model, and Adam emphasizes the importance of going the extra mile, whether it's making an additional call or thoroughly reviewing the franchise manual, to increase the chances of success.

"Franchising takes a different type of entrepreneur, someone that, frankly, is not afraid to follow the process, not afraid to reinvent the wheel.” — Adam Goldman

Connect with Adam Goldman:  

Website: https://www.franchisecoach.net/about-me/ 

LinkedIn: linkedin.com/in/adamgoldmanfranchise​ 

Connect with Jason and Scott:

Website:     https://henderxcapital.com/masteryourmillions

X (Twitter): @MasterYourMs https://twitter.com/MasterYourMs 

Facebook:  https://www.facebook.com/groups/realestateinvestorsofutah 

Instagram: @henderxcapital https://www.instagram.com/henderxcapital/

         @jasonihenderson https://www.instagram.com/jason.henderson/ 

Email: jasonchem@gmail.com, scott@henderxcapital.com