The Lifestyle Investor - Investing, Passive Income, Wealth 010: Franchising for the Lifestyle Investor with Erik Van Horn
Many lifestyle investors don’t just want to live life on their terms - they want to use their skills and knowledge to help others do the same. It’s why so many of us use our time to focus on building incredible networks, launch masterminds, and work to become better spouses, parents, and friends. It’s also what naturally leads some lifestyle investors into the world of franchising.
Today’s guest, Erik Van Horn, understands this well. He’s founded the Franchise Tribe, a mastermind for franchise owners, as well as the host of the Franchise Secrets podcast - and he consistently brings real value into people’s lives while generating very serious ROI. He’s also a participant of Clubhouse, a platform where people can join virtual rooms, share stages, and listen in - and participate in - real conversations about life and business.
In this episode of the podcast, I’m excited to talk to Erik about the power and value of networks, doing work because you want to (not because you need to), and the ins and outs of franchise deals.
Key Takeaways
- How the Franchise Tribe helped countless business owners when the COVID-19 pandemic hit.
- Why Erik got “back into the game” and launched his mastermind despite having reliable streams of low-maintenance passive income.
- The biggest mistake that young franchisors make.
- What to look for when bringing in team members and partners as a lifestyle investor.
- Why the magic happens when your time no longer has to produce income.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit JustinDonald.com/10
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To get access to The Lifestyle Investor: The 10 Commandments of Cashflow Investing for Passive Income and Financial Freedom visit JustinDonald.com/book
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