Franchise Secrets Podcast

In this #FranchiseTribeSpotlight we are joined by Tribe Member, Ciaran Olsen.

Ciaran Grew up in Vancouver, Canada. He spent 7 years as a social worker working with male youth still spends a lot of time volunteering doing this. He loves to travel, has a new family with a baby girl, and is a Current owner of a Shack Shine with O2E Brands in Vancouver.

In this episode, we talk about how Ciaran navigates living abroad while running his franchise as an absentee owner.

Growth is much easier when you're surrounded by like-minded, driven people. The Franchise Tribe Mastermind is full of successful Franchisees who are looking to shortcut the path to success and add value to other people while developing a tight-knit community along the way.

Sound like a good fit for you? Check out FranchiseTribe.com for more info!

You may be interested in my FREE Franchise Secrets Facebook Group.  It's the largest and most helpful group in franchising. With over 2k members and growing daily, the conversations are super valuable with input from franchisors, franchisees, franchise consultants, franchise attorneys, vendors, and much more!

Join for FREE here: FranchiseSecretsGroup.com ⬅️

Did you know you can listen to the Franchise Secrets Podcast on your favorite platforms?

Spotify: https://open.spotify.com/show/4BpskQS...

Apple Podcasts: https://podcasts.apple.com/us/podcast...

Erik Van Horn is a franchising specialist, and expert in multi-unit, semi-absentee franchise business ownership. From entrepreneur to regional developer, and investor to consultant, Erik has worn many hats over the last two decades, which has provided him unique insight into complex aspects of the industry. If you're a franchisee, a franchisor, or one aspiring to be, subscribe to the Franchise Secrets channel and visit www.FranchiseSecrets.com for even more tactical and practical tools to help you buy, grow, and sell franchises like an expert.

The Franchise Secrets Facebook Group has become a hub for helpful information for all things Franchising.

The feedback people get is honest, helpful, and from multiple perspectives. If you're not a part of the group, you need to be!

It's the largest and most helpful group in franchising. With over 2k members and growing daily, the conversations are super valuable with input from #franchisors, #franchisees, #franchiseconsultants, #franchiseattorneys, #vendors, and much more!

Today, Erik dives into some of the top questions submitted by group members!

Topics discussed in this episode:

#ProfitSharing

#Equity

#SemiAbsentee Ownership

#Absentee Ownership

#BusinessInsurance

and Much More!

Join for FREE here: FranchiseSecretsGroup.com ⬅️

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Check out the 100+ Validation Questions To Ask Franchisees here:

https://www.franchisesecrets.com/validationquestions/

Growth is much easier when you're surrounded by like-minded, driven people. The Franchise Tribe Mastermind is full of successful Franchisees who are looking to shortcut the path to success and add value to other people while developing a tight-knit community along the way.

Sound like a good fit for you? Check out FranchiseTribe.com for more info!

Did you know you can listen to the Franchise Secrets Podcast on your favorite platforms?

Spotify: https://open.spotify.com/show/4BpskQSFxnii9nm4p6ZFMy?si=dc5599b742044aae

Apple Podcasts: https://podcasts.apple.com/us/podcast/franchise-secrets-podcast/id1460276956

Erik Van Horn is a franchising specialist, and expert in multi-unit, semi-absentee franchise business ownership. From entrepreneur to regional developer, and investor to consultant, Erik has worn many hats over the last two decades, which has provided him unique insight into complex aspects of the industry. If you're a franchisee, a franchisor, or one aspiring to be, subscribe to the Franchise Secrets channel and visit www.FranchiseSecrets.com for even more tactical and practical tools to help you buy, grow, and sell franchises like an expert.

There are advantages for new franchisees in an emerging brand and there are also advantages for the #emerging #franchisors.

In this episode, Erik talks about those advantages from both perspectives. Join us next week for part 2 discussing the disadvantages of emerging brands!

The Franchise Secrets Facebook Group has become a hub for helpful information for all things Franchising.

The feedback people get is honest, helpful, and from multiple perspectives. If you're not a part of the group, you need to be!

It's the largest and most helpful group in franchising. With over 2k members and growing daily, the conversations are super valuable with input from franchisors, franchisees, franchise consultants, franchise attorneys, vendors, and much more!

Join for FREE here: FranchiseSecretsGroup.com ⬅️

Growth is much easier when you're surrounded by like-minded, driven people. The Franchise Tribe Mastermind is full of successful Franchisees who are looking to shortcut the path to success and add value to other people while developing a tight-knit community along the way.

Sound like a good fit for you? Check out FranchiseTribe.com for more info!

Did you know you can listen to the Franchise Secrets Podcast on your favorite platforms?

Spotify: https://open.spotify.com/show/4BpskQS...

Apple Podcasts: https://podcasts.apple.com/us/podcast...

Erik Van Horn is a franchising specialist, and expert in multi-unit, semi-absentee franchise business ownership. From entrepreneur to regional developer, and investor to consultant, Erik has worn many hats over the last two decades, which has provided him unique insight into complex aspects of the industry. If you're a franchisee, a franchisor, or one aspiring to be, subscribe to the Franchise Secrets channel and visit www.FranchiseSecrets.com for even more tactical and practical tools to help you buy, grow, and sell franchises like an expert.

The Franchise Secrets Facebook Group has become a hub for helpful information for all things Franchising.

The feedback people get is honest, helpful, and from multiple perspectives. If you're not a part of the group, you need to be!

It's the largest and most helpful group in franchising. With over 2k members and growing daily, the conversations are super valuable with input from franchisors, franchisees, franchise consultants, franchise attorneys, vendors, and much more!

Today, Erik dives into some of the top questions submitted by group members!

Join for FREE here: FranchiseSecretsGroup.com ⬅️

Books mentioned in this episode:

"The Franchise E-Factor" by Greg Nathan

https://www.franchiserelationships.co...

"RocketFuel" by Gino Wickman

https://www.amazon.com/Rocket-Fuel-Es...

"Street Smart Franchising" by Joe Mathews

https://www.amazon.com/Street-Smart-F...

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Check out the 100+ Validation Questions To Ask Franchisees here:

https://www.franchisesecrets.com/vali...

Growth is much easier when you're surrounded by like-minded, driven people. The Franchise Tribe Mastermind is full of successful Franchisees who are looking to shortcut the path to success and add value to other people while developing a tight-knit community along the way.

Sound like a good fit for you? Check out FranchiseTribe.com for more info!

Did you know you can listen to the Franchise Secrets Podcast on your favorite platforms?

Spotify: https://open.spotify.com/show/4BpskQS...

Apple Podcasts: https://podcasts.apple.com/us/podcast...

Erik Van Horn is a franchising specialist, and expert in multi-unit, semi-absentee franchise business ownership. From entrepreneur to regional developer, and investor to consultant, Erik has worn many hats over the last two decades, which has provided him unique insight into complex aspects of the industry. If you're a franchisee, a franchisor, or one aspiring to be, subscribe to the Franchise Secrets channel and visit www.FranchiseSecrets.com for even more tactical and practical tools to help you buy, grow, and sell franchises like an expert.

Today I talk to JT Thiessen with Budget Blinds. A very well established brand that is absolutely crushing it with happy successful franchisees

JT said something that stopped me in my tracks:

"The 10th franchisee is different than the 210th franchisee"

It's true!

✔️ Their mindset is different

✔️ Their experience is different

✔️ They're a different buyer

It's important to understand this! When you're buying a franchise, you're obviously going to have a different experience depending on what kind of brand you buy, but you're also going to have a different experience whether you buy an emerging brand or an established brand.

As a brand grows, they inevitably start to delegate parts of the business so they can scale. For this reason, you may have a different experience than a franchisee who purchased the same brand with it was emerging.

You may:

-have less direct access to the founder

-have an onboarding process that looks different than what early franchisees experienced

-have access to vendors right away that early franchisees didn't have until later

-and more!

These are things to keep in mind when you're validating with Franchisees.

Let's dive in!

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Looking to dive deeper into the world of franchising?

Join the largest, most helpful Facebook group in franchising here: FranchiseSecretsGroup.com ⬅️

Growth is much easier when you're surrounded by like-minded, driven people. The Franchise Tribe Mastermind is full of successful Franchisees who are looking to shortcut the path to success and add value to other people while developing a tight-knit community along the way.

Sound like a good fit for you? Check out FranchiseTribe.com for more info!

Did you know you can listen to the Franchise Secrets Podcast your favorite platforms?

Spotify: https://open.spotify.com/show/4BpskQS...

Apple Podcasts: https://podcasts.apple.com/us/podcast...

Don't forget to like and share this video! Check out our entire catalogue of episodes here: https://www.youtube.com/channel/UCGL_...

Subscribe so you never miss any content: http://www.youtube.com/channel/UCGL_D...

Erik Van Horn is a franchising specialist, and expert in multi-unit, semi-absentee franchise business ownership. From entrepreneur to regional developer, and investor to consultant, Erik has worn many hats over the last two decades, which has provided him unique insight into complex aspects of the industry. If you're a franchisee, a franchisor, or one aspiring to be, subscribe to the Franchise Secrets channel and visit www.FranchiseSecrets.com for even more tactical and practical tools to help you buy, grow, and sell franchises like an expert.

#FranchiseTribeMastermind #FranchiseSecrets #Franchising #Franchisee #Franchisor #Franchise

In this conversation, Cameron Herold gives some insane value about how to be the best COO for your business. 💪

This conversation was originally a session for the Franchise Tribe Mastermind (www.FranchiseTribe.com), but I wanted to release it publicly because Cameron always delivers so much value. Listeners of the Franchise Secrets Podcast will enjoy this conversation!

You may be interested in my FREE Franchise Secrets Facebook Group.  It's the largest and most helpful group in franchising. With over 2k members and growing daily, the conversations are super valuable with input from franchisors, franchisees, franchise consultants, franchise attorneys, vendors, and much more!

Join for FREE here: FranchiseSecretsGroup.com ⬅️

I did a 90 minute franchise development deep-dive training for franchisors. Watch this webinar for free by filling out this short form:

https://form.jotform.com/213620509558154

Check out the 100+ Validation Questions To Ask Franchisees here:

https://www.franchisesecrets.com/validationquestions/

Growth is much easier when you're surrounded by like-minded, driven people. The Franchise Tribe Mastermind is full of successful Franchisees who are looking to shortcut the path to success and add value to other people while developing a tight-knit community along the way.

Sound like a good fit for you? Check out FranchiseTribe.com for more info!

Did you know you can listen to the Franchise Secrets Podcast on your favorite platforms?

Spotify: https://open.spotify.com/show/4BpskQSFxnii9nm4p6ZFMy?si=dc5599b742044aae

Apple Podcasts: https://podcasts.apple.com/us/podcast/franchise-secrets-podcast/id1460276956

Erik Van Horn is a franchising specialist, and expert in multi-unit, semi-absentee franchise business ownership. From entrepreneur to regional developer, and investor to consultant, Erik has worn many hats over the last two decades, which has provided him unique insight into complex aspects of the industry. If you're a franchisee, a franchisor, or one aspiring to be, subscribe to the Franchise Secrets channel and visit www.FranchiseSecrets.com for even more tactical and practical tools to help you buy, grow, and sell franchises like an expert.

In this #FranchiseTribeSpotlight we are joined by Tribe Member, Chris Elmore.

Chris had a successful career in the marketing/advertising agency world as a creative director for 18 years prior to getting bit by the entrepreneurial bug. 8 years ago he bought his first of two #OrangeTheoryFitness locations with a friend that he still owns. He now co-owns the Tampa Bay region for one of the largest privately held private pay home care agencies in FL, Concierge Care. And most recently with partners has become an Area Developer for emerging child development franchise #KidStrong.

In this episode, we talk about how Chris got into franchising, his favorite guerrilla marketing tactics, and how to pick the best franchise for you.

Growth is much easier when you're surrounded by like-minded, driven people. The Franchise Tribe Mastermind is full of successful Franchisees who are looking to shortcut the path to success and add value to other people while developing a tight-knit community along the way.

Sound like a good fit for you? Check out FranchiseTribe.com for more info!

You may be interested in my FREE Franchise Secrets Facebook Group.  It's the largest and most helpful group in franchising. With over 2k members and growing daily, the conversations are super valuable with input from franchisors, franchisees, franchise consultants, franchise attorneys, vendors, and much more!

Join for FREE here: FranchiseSecretsGroup.com ⬅️

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Did you know you can listen to the Franchise Secrets Podcast on your favorite platforms?

Spotify: https://open.spotify.com/show/4BpskQS...

Apple Podcasts: https://podcasts.apple.com/us/podcast...

Erik Van Horn is a franchising specialist, and expert in multi-unit, semi-absentee franchise business ownership. From entrepreneur to regional developer, and investor to consultant, Erik has worn many hats over the last two decades, which has provided him unique insight into complex aspects of the industry. If you're a franchisee, a franchisor, or one aspiring to be, subscribe to the Franchise Secrets channel and visit www.FranchiseSecrets.com for even more tactical and practical tools to help you buy, grow, and sell franchises like an expert.

Let's face it, you most likely clicked on this video because you are interested in a career change, getting out of the corporate rat race, or are just interested in what it would take to own your own business.

Well, you've come to the right place!

Before I continue, I want you to know that I'm not a broker and have nothing to sell you.

I've been in franchising for over 20 years, owned and exited multiple brands, been a franchisee, franchisor, and consultant, all while helping over 1000 people find the right franchise for them.

In this episode, I share my top tips and tricks for buying a franchise---the do's and don'ts.

This video will take you on a deep-dive into the questions you should ask, red flags to look for, and pitfalls to avoid during the franchise buying process.

Buckle up! If you're on the road to purchasing a franchise, you'll want to have this episode saved as a guide!

Speaking of guides...You may be interested in my FREE Franchise Secrets Facebook Group.  It's the largest and most helpful group in franchising. With over 2k members and growing daily, the conversations are super valuable with input from franchisors, franchisees, franchise consultants, franchise attorneys, vendors, and much more!

Join for FREE here: FranchiseSecretsGroup.com ⬅️

*FREE RESOURCES* mentioned in this episode:

I did a 90 minute franchise development deep-dive training for franchisors. Watch this webinar for free by filling out this short form:

https://form.jotform.com/213620509558154

Check out the 100+ Validation Questions To Ask Franchisees here:

https://www.franchisesecrets.com/validationquestions/

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Growth is much easier when you're surrounded by like-minded, driven people. The Franchise Tribe Mastermind is full of successful Franchisees who are looking to shortcut the path to success and add value to other people while developing a tight-knit community along the way.

Sound like a good fit for you? Check out FranchiseTribe.com for more info!

Did you know you can listen to the Franchise Secrets Podcast on your favorite platforms?

Spotify: https://open.spotify.com/show/4BpskQSFxnii9nm4p6ZFMy?si=dc5599b742044aae

Apple Podcasts: https://podcasts.apple.com/us/podcast/franchise-secrets-podcast/id1460276956

Erik Van Horn is a franchising specialist, and expert in multi-unit, semi-absentee franchise business ownership. From entrepreneur to regional developer, and investor to consultant, Erik has worn many hats over the last two decades, which has provided him unique insight into complex aspects of the industry. If you're a franchisee, a franchisor, or one aspiring to be, subscribe to the Franchise Secrets channel and visit www.FranchiseSecrets.com for even more tactical and practical tools to help you buy, grow, and sell franchises like an expert.

One thing successful franchisors all have in common?

A Killer Franchise Development Process! ⬅️

What is franchise development?

In short, it's the process that takes a buyer from discovery to signing on the dotted line as a franchisee.

I am contacted all the time from franchisors (both emerging and established) who are looking for an outside perspective on their franchise development process.

In this solo podcast, I give a framework for franchisors to follow, adapt, and build off of to springboard their franchise development process into a franchise selling machine.

Many franchisors have expressed interest in my brand new franchisor mastermind coming in 2022...In this group, we'll tackle topics just like this to grow, sharpen, and optimize our franchise systems.

If you're interested in a this resource for franchisors, make sure you get onto the interest list here:

https://form.jotform.com/213356704234148

*FREE RESOURCES* mentioned in this episode:

I did a 90 minute franchise development deep-dive training for franchisors. Watch this webinar for free by filling out this short form:

https://form.jotform.com/213620509558154

Check out the 100+ Validation Questions To Ask Franchisees here:

https://www.franchisesecrets.com/vali...

-----------------------------------------------------------------------------------------------------

Looking to dive deeper into the world of franchising?

Join the largest, most helpful Facebook group in franchising here: FranchiseSecretsGroup.com ⬅️

Growth is much easier when you're surrounded by like-minded, driven people. The Franchise Tribe Mastermind is full of successful Franchisees who are looking to shortcut the path to success and add value to other people while developing a tight-knit community along the way.

Sound like a good fit for you? Check out FranchiseTribe.com for more info!

Did you know you can listen to the Franchise Secrets Podcast on your favorite platforms?

Spotify: https://open.spotify.com/show/4BpskQS...

Apple Podcasts: https://podcasts.apple.com/us/podcast...

Don't forget to like and share this video! Check out our entire catalog of episodes here: https://www.youtube.com/channel/UCGL_...

Erik Van Horn is a franchising specialist, and expert in multi-unit, semi-absentee franchise business ownership. From entrepreneur to regional developer, and investor to consultant, Erik has worn many hats over the last two decades, which has provided him unique insight into complex aspects of the industry. If you're a franchisee, a franchisor, or one aspiring to be, subscribe to the Franchise Secrets channel and visit www.FranchiseSecrets.com for even more tactical and practical tools to help you buy, grow, and sell franchises like an expert.

The reason I'm so passionate about masterminds is that I have personally experienced the rapid growth that can come from asking the right questions in the right rooms.

The bottom line is, masterminds give you access to people who are both where you want to be and where you have been. You're able to learn the right steps to take to accomplish your goals without having to make the mistakes that others have to achieve the same goals. In this way, you're able to shortcut the path to success because you can clearly define the steps you need to take to accomplish whatever it is you want to accomplish.

I've experienced people in my masterminds receive valuable advice from myself and other members that gave them a ROI 10 times what they paid to be in the group.

The hard obstacle to overcome is a negative mindset.

If you've never participated in masterminds, you're probably asking yourself these questions:

"Why in the world would I pay money to be in a group of of other _______________ (franchisees, franchisors, investors, etc.)"

"Why not put that amount of money somewhere else?"

"That sounds like a lot of money, how can I be sure I'll get a ROI?"

All of these are valid questions, but as someone who has seen the benefit of participating in masterminds, I decided to share my journey with you today! I hope you find it insightful!

The reason I launched the Franchise Tribe Mastermind for Franchisees (FranchiseTribe.com) and the brand new Franchisor Mastermind coming in January! (Get on the interest list here: https://form.jotform.com/213356704234148)

Never Stop Growing!

-Erik

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Looking to dive deeper into the world of franchising?

Join the largest, most helpful Facebook group in franchising here: FranchiseSecretsGroup.com ⬅️

Growth is much easier when you're surrounded by like-minded, driven people. The Franchise Tribe Mastermind is full of successful Franchisees who are looking to shortcut the path to success and add value to other people while developing a tight-knit community along the way.

Sound like a good fit for you? Check out FranchiseTribe.com for more info!

Did you know you can listen to the Franchise Secrets Podcast on your favorite platforms?

Spotify: https://open.spotify.com/show/4BpskQSFxnii9nm4p6ZFMy?si=dc5599b742044aae

Apple Podcasts: https://podcasts.apple.com/us/podcast/franchise-secrets-podcast/id1460276956

Don't forget to like and share this video! Check out our entire catalog of episodes here: https://www.youtube.com/channel/UCGL_DGqEd54pcu_zgOICdSA

Erik Van Horn is a franchising specialist, and expert in multi-unit, semi-absentee franchise business ownership. From entrepreneur to regional developer, and investor to consultant, Erik has worn many hats over the last two decades, which has provided him unique insight into complex aspects of the industry. If you're a franchisee, a franchisor, or one aspiring to be, subscribe to the Franchise Secrets channel and visit www.FranchiseSecrets.com for even more tactical and practical tools to help you buy, grow, and sell franchises like an expert.