Entrepreneurs on Fire

Franchising: One of the Best Innovations Since the LLC with Robert Huntington: An EOFire Classic from 2022

12 snips
Sep 21, 2025
In this engaging conversation, Robert Huntington, CEO of Metric Collective and expert in franchising, shares his insights on turning business concepts into scalable franchises. He emphasizes the importance of having a proven model before innovating and discusses the lucrative potential of franchising, especially in growing markets. Robert highlights that successful franchising allows individuals to be in business for themselves, but not by themselves, making it an ideal route for motivated entrepreneurs.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

Franchising Scales With Aligned Incentives

  • Franchising lets founders sell a repeatable playbook to expand rapidly using other people's capital.
  • It aligns incentives by creating local owners with skin in the game who run units well.
ADVICE

Be Real About Following A Playbook

  • Decide honestly if you can follow someone else's playbook before buying a franchise.
  • If you plan to tinker at every turn, avoid franchising and seek a different path.
ADVICE

Vet Franchises By Economics And Support

  • Evaluate franchisors by unit economics: payback period, net profit, and growth of the industry.
  • Also confirm the franchisor provides strong ops and marketing support to get the phone to ring.
Get the Snipd Podcast app to discover more snips from this episode
Get the app