Franchise Empires

Franchise Empires

By The Wolf, A Workweek FriendBusinessEntrepreneurshipInvestingManagement
Download on the App Store

Franchise Empires episodes

  • S1 E10: Is This The Most Successful Franchise Owner You’ll Ever Meet?

    Meet Jamie Weeks, owner of more than 100 Orangetheory franchises and about to launch his own brand. The secret to his success? Risk taking. 

    Jamie is a big personality and a phenomenal success. With 140 Orangetheory boutique fitness studios in his portfolio, and in the process of building 60 Dogtopia franchises, he’s also launching his own, Sweathouz.

    The Wolf and Jamie talk about building an incredible culture despite having hundreds of businesses, how a private equity deal launched him from 12 to 140 locations, and why taking risks is at the heart of his approach to building a vastly successful business.

    As well as hearing the wisdom behind owning multi-unit franchises, there’ll be a lot of laughs and you’ll get to listen to Jamie putting The Wolf through his patented interview process.


    This is one you won’t want to miss.


    Follow Jamie:

    LinkedIn: linkedin.com/in/jamie-weeks-712543221

    Check out The Wolf’s newsletter


    Stay up-to-date on all things Franchise Empires by following The Wolf on Twitter: https://twitter.com/franchisewolf

    51 min
  • S1 E9: Why You Don’t Have to Give Up Your Day Job to Run a Franchise

    Wanting to become a franchisee is one thing, knowing which business model to invest in, quite another. Meet Brian Knuth, VP of Franchise Development at Raintree.

    Brian educates potential franchise partners, identifying which franchise partnerships might work out best. But Brian is also a franchise owner of Footprint Floors, which he runs as a semi-absentee owner.

    The Wolf and Brian get into conversation about representing emerging franchise brands, how Covid rocked his business and some of the struggles you face juggling your day job with your franchise business.


    You’ll also hear why Brian knew he had to dive into Footprint Floors, and why he feels privileged to help people break away from the corporate grind and pursue a career they’re truly passionate about.


    Twitter: linkedin.com/in/brian-knuth-06101654


    Check out The Wolf’s newsletter


    Stay up-to-date on all things Franchise Empires by following The Wolf on Twitter: https://twitter.com/franchisewolf

    41 min
  • S1 E8: Meet the Biggest Phone Franchise in Bermuda

    Meet Alex Jones, former banker, triathlete, Olympic hopeful, and dad of two.

    For 9/10 franchise owners, one unit just isn’t enough to generate the levels of income they’re aiming for. But, very rarely, a site and franchise comes along that performs so well, everything just falls into place. And that’s where Alex Jones’ CPR store comes in.

    The Wolf talks with Alex about leaving the world of finance to chase his passion for windsurfing, why you should convert an existing phone repair shop into a franchise, and how to build a transparent culture in your team.

    You’ll hear why Alex’s Bermuda franchise is the best performing location out of 850+ worldwide, why your customers are the best sales people, and why your internal customer service is crucial for success.

    Follow Alex

    Twitter: twitter.com/Rebelbanker


    Check out The Wolf’s newsletter


    Stay up-to-date on all things Franchise Empires by following The Wolf on Twitter: https://twitter.com/franchisewolf

    49 min
  • S1 E7: How to Turn Your Anytime Fitness Franchise Into a Family Business

    Zac Pennington has turned franchise ownership into a family affair. Find out why Anytime Fitness might be the perfect pairing, and why 8 gyms are just the start.

    The fitness industry is highly competitive but that level of competition is exactly what fuels Zac’s passion for providing health and wellbeing. From working in jobs that ultimately left him unsatisfied, diving into franchise ownership has given him a business model that fits perfectly with his core values.

    The Wolf and Zac discuss how growing up in a family of entrepreneurs was key to running his own business, why his creative freedom is so important to him, and why he knows exactly how to dominate the fitness market.

    You’ll hear how Zac jumped on an opportunity to take over a struggling Anytime Fitness business and turned it around, how this kickstarted his chain of ownership, and why he’s always looking for more.

    Follow Zac:

    LinkedIn: linkedin.com/in/zacari-pennington

    Twitter: twitter.com/zacpennington

    Check out The Wolf’s newsletter

    Stay up-to-date on all things Franchise Empires by following The Wolf on Twitter: https://twitter.com/franchisewolf

    55 min
  • S1 E6: How FranShares is Lowering the Barriers to Franchise Ownership

    Unlocking franchise ownership is the defining mission of Kenny Rose and FranShares. Find out how he’s helping potential franchise owners get in on the ground floor.

    After discovering Fundrise, a fractional share trading platform for commercial real estate, Kenny knew he’d found a gap in the market for franchise ownership.

    FranShares was born and in those early days, Kenny spent his time diligently building an audience he’d later market the FranShares offer to.

    The Wolf and Kenny talk all things franchise and founders. From building a company from the ground up with $1.4million in investments to what it’s like having more than 23,000 on the waiting list ready to invest.

    You’ll hear how FranShares is dramatically lowering the barrier to franchise ownership. Why owning a piece of a local business is a powerful virtuous circle and how, at scale, FranShares will enable franchises to be traded like stocks.

    When you’re looking to get in on franchise ownership, you need a team on your side to smooth the path. FranShares makes it easy to build, manage and grow your portfolio from as little as $500. Find out more: franshares.com

    Follow Kenny:

    LinkedIn: linkedin.com/in/kennyrose

    Twitter: InvestLocally

    Check out The Wolf’s newsletter

    Stay up-to-date on all things Franchise Empires by following The Wolf on Twitter: https://twitter.com/franchisewolf

    58 min
  • S1 E5: How to Scale Your Five Guys Franchise Empire

    From college drop out to multi-unit franchisee, the path of entrepreneurship isn’t always a straight one. Find out how Lucas Mitchell discovered his gift for restaurant management.

    An entrepreneur from the start, Lucas made the decision early on to quit college and focus on building a web design business. To cover the bills, Lucas worked at his local Five Guys and his experience working at his parents’ restaurant quickly shone through.

    The Wolf and Lucas discuss how the business of food and hospitality is in Lucas’ blood and why working for someone else was never going to be his dream

    Lucas recalls his rapid rise from Location Manager to Territory Manager of 8 locations and the moment he realized it was time to put aside his web design business and pursue a career as a franchisee.

    You’ll hear how he grew from one Five Guys location to 13 and why he’s still hungry for success.

    When you’re looking to scale like Lucas, you need a team on your side to smooth the path. FranShares makes it easy to build, manage and grow your portfolio from as little as $500. Find out more: franshares.com

    Follow Lucas:

    Twitter: @LMitchellHQ

    Check out The Wolf’s newsletter

    Stay up-to-date on all things Franchise Empires by following The Wolf on Twitter: https://twitter.com/franchisewolf

    44 min
  • S1 E4: Why Cross Selling is The Secret Sauce for Franchisees Like Meineke

    How do you create a wildly successful multi-unit franchise? You create synergy. Joe Johnson knows a thing or two about that with his car repair and parts businesses.Check out Joe’s playbook.

    You learn a whole lot during 23-years in the military, and after retiring from the US Army in 2005, Joe has applied that knowledge to building his auto franchise empire. But what makes this portfolio unique is how his businesses interact.

    The Wolf and Joe discuss how owning a Maaco auto-collision repair and paint shop, a Meineke auto-maintenance and repair shop AND a 1-800 Radiator franchise have created incredible synergy. Not only can he service just about any car problem,  he can also supply parts to both businesses. Cross selling at its finest.

    Joe shares why horizontal integration allows you greater control over your destiny, why owning the dirt gives you more value and options, and the importance of doing a deep dive on potential franchise opportunities.

    When you’re looking to launch your own franchise empire and, like Joe, want to make sure the research is done right, you need a great team. FranShares is the team you need, making it easy to build, manage and grow your portfolio from as little as $500. Find out more: franshares.com

    Check out The Wolf’s newsletter

    Stay up-to-date on all things Franchise Empires by following The Wolf on Twitter: https://twitter.com/franchisewolf

    29 min
  • S1 E3: The Secret to Growing Your F45 Gym Franchise

    What do you do when the bottom falls out of your property investments? You sell up and retire. Then you start over as part of a billion-dollar franchise. Meet Gavin McConnon, serial entrepreneur.

    Still in his 20s, Gavin was riding high in Ireland on the back of selling 900 numbers and ringtones. Having invested millions in commercial real estate, he was hit by the 2008 collapse and forced to sell everything.

    The Wolf talks to Gavin on how his semi-retirement to Australia triggered his interest in franchises and why F45 in particular caught his eye.

    Gavin shares what it’s like being part of one of the fastest growing franchises across the globe, his experience as a serial entrepreneur who founded multiple tech startups and why franchises are so appealing .

    You’ll hear the benefits of having a brand with an established playbook already in place, how to expand your team and grow your locations from one to three, six and even more.

    When you’re looking to launch your own franchise empire, like Gavin, having a team behind you is a great place to start. FranShares is making it easy to build, manage and grow your portfolio from as little as $500. Find out more: franshares.com

    Follow Gavin on

    Linkedin: https://www.linkedin.com/in/gavinmcconnon/?originalSubdomain=mc

    Twitter: https://twitter.com/gavinmcconnon?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

    Stay up-to-date on all things Franchise Empires by following The Wolf on Twitter: https://twitter.com/franchisewolf

    52 min
  • S1 E2: How to Create a Dunkin' Donuts Empire

    When you’re not ready to join the family business, franchises are a solid alternative. Usman Chaudrhy is now the owner of 6 locations and scaling fast.

    Usman has made the transition from corporate worker to multi-unit owner, but not before he learnt all the lessons that have made him a success.

    Now with 6 Dunkin’ Donuts stores under his belt and 3 more under construction, he has his eyes set on growth,

    The Wolf and Usman discuss what it’s like growing up the son of entrepreneurs, why doing in-depth research is the foundation to building a successful business and how to assess lenders based on specificity, rather than emotional response.

    You’ll hear why Usman is fine with paying royalties, how to tackle banks who may not want to lend to you and the advantages of opening a franchise near a college campus.

    Deep thinking and research are Usman’s superpowers and this dedication to detail is something he shares with show sponsor FranShares, who are making it easier to build, manage and grow your franchise empire from as little as $500. Find out more at: franshares.com

    Follow Usman on:

    Twitter:  twitter.com/UsmanJazab

    Check out The Wolf’s newsletter: https://workweek.com/brand/the-wolf-of-franchises/

    Stay up-to-date on all things Franchise Empires by following The Wolf on Twitter: https://twitter.com/franchisewolf

    49 min
  • S1 E1: Why Catering is Your Next, Best Franchise with Nick Panos, Mellow Mushroom

    It’s easier to sell 100 slices of pizza to one customer than one slice to 100 customers. This valuable lesson is just one element of Nick Panos’ highly successful franchise playbook.

    As Vice-President of Panos Restaurant Group, one of the company’s main focus points is operating its highly successful Mellow Mushroom restaurant chain.

    And if there’s one valuable lesson Nick is keen to share, it’s that catering is a game changer. It provides your business with a b2b revenue stream that, crucially, doesn’t cut into your peak operating hours but utilizes unused capacity.

    Nick joins The Wolf talking about pseudo recurring revenue streams you can effectively build into your restaurant business. He also shares how positioning your business as the restaurant of choice for annual conferences should be at the top of your to-do list.

    You’ll learn why playing long term games with long term people is the key to recurring revenue. And hear how to pick a franchise brand with longevity, plus why your long term success depends on you choosing great employees and taking care of them.

    Monetizing franchises is a passion Nick shares with our sponsor FranShares, who are making it easier to build, manage and grow your franchise empire from as little as $500. Find out more at: franshares.com

    Follow Nick on LinkedIn: linkedin.com/in/nicolaospanos

    Check out The Wolf’s newsletter: https://workweek.com/brand/the-wolf-of-franchises/

    Stay up-to-date on all things Franchise Empires by following The Wolf on Twitter: https://twitter.com/franchisewolf

    59 min

About Franchise Empires

From the publisher's feed

Most startups are doomed to fail. But there’s an alternative route to financial freedom for hungry entrepreneurs. One that involves far less risk, far more work-life balance, and just as much profit. Franchises. Franchise Empires gives aspiring franchise owners the playbook to build a multi-unit franchise empire of their own. Every episode we hear from guests who are building their franchise empire: Franchisees who started with one unit and aren’t stopping until they get to dozens, hundreds, or even thousands more locations. Hosted by The Wolf, you’ll hear exactly how to turn your ambition into tangible actions and take your first steps up the franchise ladder. We’ll break down the steps you need to take open your first franchise, your second location and beyond, along with the many pitfalls to avoid. Wolf answers all your questions about owning and running your franchise, and interviews guests with first hand experience like Greg Flynn, the multi-billion dollar restaurant franchisee, Jamie Weeks, the largest OrangeTheory franchisee in the world who’s launching his own fitness franchise SweatHouz, and Jason McGowan, Co-founder and CEO of Crumbl cookies. Want to get started on your franchise owning journey? Tune in every Tuesday for a new episode. Make sure to subscribe wherever you get your podcasts.

More shows like Franchise Empires

Franchise Secrets Podcast by Erik Van Horn

Franchise Secrets Podcast

63 Listeners

The Journal. by The Wall Street Journal & Spotify Studios

The Journal.

6,066 Listeners

My First Million by Hubspot Media

My First Million

2,647 Listeners

Franchising 101 by FranCoach

Franchising 101

36 Listeners

Acquiring Minds by Will Smith

Acquiring Minds

278 Listeners

The UpFlip Podcast by UpFlip

The UpFlip Podcast

251 Listeners

The Koerner Office - Business Ideas and Deep Dives with Chris Koerner by Chris Koerner

The Koerner Office - Business Ideas and Deep Dives with Chris Koerner

264 Listeners

Zero to Profitable Franchise Podcast by Tariq Johnson & Franchise Empire

Zero to Profitable Franchise Podcast

19 Listeners

Empires by Patrick Buckley

Empires

12 Listeners